Weekly Highlights
In April, IntelligentCross set a platform record for daily market share of the total consolidated volume, averaging just above 75bps.
Against a backdrop of higher volatility and increased urgency to trade, IntelligentCross also set a platform record for IOC hit-rate and daily matched shares of demi block or larger (starting at 2000 shares or $10k).
IOC hitrates were more than 3.75% daily across Midpoint and ASPEN combined. Looking more closely at the data, more than 30% of our participants have IOC hitrates of 10% or higher, and more than 20% of ASPEN fills from marketable IOCs are priced better than the full spread.
Please contact the desk for more information on getting our free market data feed, IQX - it's available directly or through Exegy, MayStreet, Redline, and ACTIV.
Displayed Quote Stats
5-days through 04/29/22
Unique Names Per Day | Displayed Order Better Than NBBO % | Avg Spread Improvement % | |
|---|---|---|---|
Total | 6869 | 45.7% | 27.1% |
ETF | 1250 | 53.3% | 29.1% |
LARGE CAP | 836 | 38.5% | 23.6% |
MID CAP | 1211 | 37.8% | 24.6% |
OTHER | 81 | 26.4% | 23.4% |
SMALL CAP | 3492 | 27.3% | 28.5% |
Top Symbols
ADR
| VALE | 2,732,343 |
| ITUB | 1,381,857 |
| NIO | 1,218,569 |
ETF
| XLF | 1,782,337 |
| EEM | 1,459,478 |
| QQQ | 1,416,254 |
Large Cap
| T | 4,285,674 |
| TWTR | 2,879,352 |
| F | 2,363,535 |
Smid Cap
| SNDL | 4,994,020 |
| SOFI | 1,655,895 |
| NLY | 1,547,381 |
Trading Information
5-days through 04/29/22
5-days through 04/29/22 | Quote Stability @ 20ms | Quote Stability @ 500ms | Average Trade Size | Average Order Size | Active Traded Names |
|---|---|---|---|---|---|
Total | 90.8 | 76.5 | 110 | 230 | 6567 |
Smid Cap | 93.1 | 84.8 | 100 | 220 | 4471 |
ETF | 93.2 | 76.9 | 180 | 340 | 809 |
Large Cap | 87 | 65 | 90 | 130 | 771 |
ADR | 94.7 | 85.5 | 150 | 320 | 346 |
Percent Names Traded by Share Group
SMID_CAP
LARGE_CAP
ADR
OTHER
ETF