Weekly Highlights
Last week was our best week ever for market share versus total consolidated volume. We hit a new record of just under 85bps, and 4 of 5 days last week were in our top 5 market share days.
IntelligentCross remained in the top 5 for total shares within NMS Tier 1 and moved up to 4th place in NMS Tier 2 according to the most recent FINRA ATS statistics.
Our unique liquidity is why traders turn to us. Last week was our best week ever for block trades executed on the platform (>= 10k shares or $200k), and best week for IOC hitrates. Over 96% of orders displayed on our free market-data feed, IQX, are median trade size or larger and over 46% improve the NBBO on arrival.
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 04/22/22
Unique Names Per Day | Displayed Order Better Than NBBO % | Avg Spread Improvement % | |
|---|---|---|---|
Total | 6741 | 45.0% | 28.2% |
ETF | 1208 | 52.1% | 29.0% |
LARGE CAP | 848 | 38.6% | 26.2% |
MID CAP | 1219 | 36.6% | 27.4% |
OTHER | 85 | 13.5% | 46.5% |
SMALL CAP | 3383 | 26.2% | 31.1% |
Top Symbols
ADR
| DIDI | 1,908,073 |
| VALE | 1,579,749 |
| TME | 1,529,229 |
ETF
| XLF | 1,690,745 |
| EEM | 1,550,948 |
| UVXY | 1,319,723 |
Large Cap
| T | 4,110,278 |
| BAC | 2,418,600 |
| AMD | 2,322,192 |
Smid Cap
| SOFI | 2,666,283 |
| MULN | 2,328,924 |
| SWN | 1,824,343 |
Trading Information
5-days through 04/22/22
5-days through 04/22/22 | Quote Stability @ 20ms | Quote Stability @ 500ms | Average Trade Size | Average Order Size | Active Traded Names |
|---|---|---|---|---|---|
Total | 92.4 | 80.8 | 100 | 240 | 6358 |
Smid Cap | 94.2 | 87.5 | 100 | 240 | 4376 |
Large Cap | 89.4 | 71 | 90 | 130 | 789 |
ETF | 95.2 | 83.9 | 180 | 310 | 709 |
ADR | 95.6 | 89.2 | 150 | 310 | 338 |
Percent Names Traded by Share Group
SMID_CAP
LARGE_CAP
ADR
OTHER
ETF