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 | 47.0% | 25.7% |
ETF | 1311 | 54.2% | 27.9% |
LARGE CAP | 801 | 40.9% | 21.6% |
MID CAP | 1166 | 36.7% | 22.4% |
OTHER | 87 | 37.0% | 21.9% |
SMALL CAP | 3568 | 27.6% | 26.3% |
Top Symbols
ADR
| ITUB | 3,030,691 |
| ABEV | 1,520,762 |
| VALE | 1,316,441 |
ETF
| XLF | 1,890,719 |
| EEM | 1,567,890 |
| SPY | 1,403,650 |
Large Cap
| AMD | 3,531,455 |
| RIVN | 3,314,771 |
| PLTR | 2,880,925 |
Smid Cap
| ZNGA | 3,530,648 |
| SOFI | 2,818,468 |
| DM | 2,299,321 |
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
LARGE_CAP
ADR
OTHER
ETF