Weekly Highlights
Q1-2022 was the most active quarter for ETFs marketwide since Q1-2020, as traders looked for efficient means to respond to macro events.
During the past quarter, IntelligentCross traded more than $560 million daily in over 2200 ETFs (single-sided) among at least 70 different participants on average.
Orders in ETFs displayed on our market data feed, IQX, improved the NBBO over 2.3 million times per day, and these orders rested more than 500ms on average.
The average displayed ETF order on ASPEN^3 is just over 16x the median trade size in the name.
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 04/08/22
Unique Names Per Day | Displayed Order Better Than NBBO % | Avg Spread Improvement % | |
|---|---|---|---|
Total | 6850 | 44.7% | 27.9% |
ETF | 1204 | 51.1% | 28.8% |
LARGE CAP | 865 | 40.4% | 26.2% |
MID CAP | 1243 | 38.2% | 27.2% |
OTHER | 100 | 30.2% | 25.3% |
SMALL CAP | 3440 | 27.3% | 30.4% |
Top Symbols
ADR
| TME | 1,553,596 |
| BEKE | 1,156,190 |
| VALE | 1,147,725 |
ETF
| XLF | 3,264,769 |
| EEM | 1,288,081 |
| UVXY | 1,068,087 |
Large Cap
| F | 2,852,927 |
| TWTR | 2,735,545 |
| BAC | 2,447,558 |
Smid Cap
| SOFI | 2,193,461 |
| SNDL | 1,959,733 |
| DNA | 1,663,244 |
Trading Information
5-days through 04/08/22
5-days through 04/08/22 | Quote Stability @ 20ms | Quote Stability @ 500ms | Average Trade Size | Average Order Size | Active Traded Names |
|---|---|---|---|---|---|
Total | 91.8 | 79.6 | 90 | 230 | 6443 |
Smid Cap | 93.8 | 86.5 | 90 | 250 | 4430 |
Large Cap | 88.5 | 69.2 | 80 | 130 | 795 |
ETF | 94.8 | 82.3 | 180 | 320 | 686 |
ADR | 95.4 | 88.7 | 130 | 300 | 350 |
Percent Names Traded by Share Group
SMID_CAP
LARGE_CAP
ADR
OTHER
ETF