Weekly Highlights

  • Last week IntelligentCross reached a new platform high for market share versus the total consolidated volume, hitting just over 90bps.

  • The platform also set a new record of 3rd place for shares traded of NMS Tier 2 securities, according to the most recent FINRA ATS statistics, while remaining in 5th place for Tier 1.

  • Growth continues to come from orders that were displayed on our free market data feed, IQX. Last week displayed round-lot and larger orders on IQX improved the NBBO more than 10 million times daily, and were median trade size or larger more than 95% of the time.

  • 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 05/13/22

Unique Names Per Day

Displayed Order Better Than NBBO %

Avg Spread Improvement %

Total

6932

26%

47%

ETF

1311

28%

54%

LARGE CAP

801

22%

41%

MID CAP

1166

22%

37%

OTHER

87

22%

37%

SMALL CAP

3568

26%

28%

Top Symbols

shares matched on the week

ADR

ITUB3,030,691
ABEV1,520,762
VALE1,316,441

ETF

XLF1,890,719
EEM1,567,890
SPY1,403,650

Large Cap

AMD3,531,455
RIVN3,314,771
PLTR2,880,925

Smid Cap

ZNGA3,530,648
SOFI2,818,468
DM2,299,321

Trading Information

5-days through 05/13/22

5-days through 05/13/22

Quote Stability @ 20ms

Quote Stability @ 500ms

Average Trade Size

Average Order Size

Active Traded Names

Total

89.6

74.7

110

290

6646

Smid Cap

92.3

82.7

110

280

4535

ETF

91.8

73.8

190

410

872

Large Cap

84.4

60.6

100

150

726

ADR

94.6

84.6

140

410

350

Percent Names Traded by Share Group

SMID_CAP 46.7%LARGE_CAP 37.6%ADR 6.2%OTHER 4.9%ETF 4.5%

SMID_CAP

LARGE_CAP

ADR

OTHER

ETF