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 05/20/22

Unique Names Per Day

Displayed Order Better Than NBBO %

Avg Spread Improvement %

Total

6959

25%

44%

ETF

1288

26%

51%

LARGE CAP

810

23%

40%

MID CAP

1191

23%

35%

OTHER

91

28%

24%

SMALL CAP

3581

26%

26%

Top Symbols

shares matched on the week

ADR

ABEV2,050,315
ITUB1,684,210
NIO1,570,695

ETF

XLF1,807,456
QQQ1,515,572
HYG1,300,300

Large Cap

NU4,882,266
AMD4,307,775
T2,926,443

Smid Cap

SNDL3,232,034
TLRY2,561,494
NLY2,503,364

Trading Information

5-days through 05/20/22

5-days through 05/20/22

Quote Stability @ 20ms

Quote Stability @ 500ms

Average Trade Size

Average Order Size

Active Traded Names

Total

90.2

76.1

100

240

6560

Smid Cap

92.6

84

100

230

4431

ETF

92.7

77

190

310

869

Large Cap

86

63.9

90

140

751

ADR

94.5

85.9

140

410

349

Percent Names Traded by Share Group

SMID_CAP 45.3%LARGE_CAP 38.7%ADR 6.4%OTHER 5.2%ETF 4.3%

SMID_CAP

LARGE_CAP

ADR

OTHER

ETF