Weekly Highlights

• Amid the Russell rebalance and holiday-shortened week, IntelligentCross hit record year-to-date market share of both FINRA-reported and continuous market trading last week. Our market share averaged just over 2% of FINRA volume and 1% of overall ex-auction volume.

• We also saw strong performance in year-to-date hit rates. Last week was a top-five week for hit rates across the board, including our best week in Midpoint at just shy of 4%. We also had our second-best hit rate for IOC orders and third-best hit rate for orders displayed on our free market data feed, IQX.

• More than 30% of our subscribers who use displayed or IOC orders on ASPEN had weekly hit rates of above 15%. This means subscribers continue to find value in our unique liquidity and high-quality matching, even during special events like the auction-focused rebalance.

• Please contact the desk for more information on our weekly data or to connect to our free market data feed IQX - it's available directly or through Exegy, MayStreet, Redline, and ACTIV.