Weekly Highlights

  • March continues to be our strongest month for daily matched shares across the platform, but it is also our best month for matching in sizes of demi-block or larger (starting at 2000 shares).

  • This month also remains our best month for daily count of round-lot orders priced better than the NBBO on our display feed, IQX, even as spreads have remained widened from Q4-2021 levels.

  • While we have seen shorter NBBO quote lives and shorter order resting times on our ATS in response to recent volatility, IntelligentCross round-lot displayed orders still have an average resting time of more than four seconds.

  • That resting time is still more than enough for more than one million SIP trades to happen at prices worse than what Intelligent Cross was showing on IQX daily.

  • Please contact the desk for more information on getting IQX - it's available directly or through Exegy, MayStreet, Redline, and ACTIV.

Displayed Quote Stats

5-days through 03/25/22

Unique Names Per Day

Displayed Order Better Than NBBO %

Avg Spread Improvement %

Total

6861

29%

46%

ETF

1194

28%

56%

LARGE CAP

877

28%

38%

MID CAP

1262

31%

31%

OTHER

106

31%

29%

SMALL CAP

3423

32%

27%

Top Symbols

shares matched on the week

ADR

BBD1,825,444
ITUB1,810,259
NIO1,684,769

ETF

EEM1,951,810
XLF1,501,541
UVXY802,244

Large Cap

AMD2,513,783
F1,812,288
T1,694,192

Smid Cap

MULN3,419,836
SNDL2,898,048
IMPP2,032,211

Trading Information

5-days through 03/25/22

5-days through 03/25/22

Quote Stability @ 20ms

Quote Stability @ 500ms

Average Trade Size

Average Order Size

Active Traded Names

Total

91.7

80.6

90

240

6633

Smid Cap

93.6

87.7

90

250

4602

Large Cap

88.6

70.7

70

130

794

ETF

95

83.5

180

300

702

ADR

94.1

85.7

140

310

375

Percent Names Traded by Share Group

SMID_CAP 44.2%LARGE_CAP 39.6%ADR 8.0%OTHER 4.2%ETF 4.0%

SMID_CAP

LARGE_CAP

ADR

OTHER

ETF