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

shares matched on the week

ADR

VALE2,732,343
ITUB1,381,857
NIO1,218,569

ETF

XLF1,782,337
EEM1,459,478
QQQ1,416,254

Large Cap

T4,285,674
TWTR2,879,352
F2,363,535

Smid Cap

SNDL4,994,020
SOFI1,655,895
NLY1,547,381

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 43.7%LARGE_CAP 39.5%ADR 6.7%OTHER 5.4%ETF 4.7%

SMID_CAP

LARGE_CAP

ADR

OTHER

ETF