Weekly Highlights
IntelligentCross ended the first half of 2022 with our best month on record for market share versus the TCV. It was also the second month in a row where we held market share above 80bps.
The driver behind our growth is the unique liquidity displayed on our free market-data feed, IQX. June was our best month ever for the number of displayed orders arriving at prices better than the NBBO, at over 15.7mm per day.
We also recorded our highest-ever IOC hit-rates in June, reflecting the accessibility of our liquidity even during volatile markets.
Please contact the desk for more information on our weekly data or to connect to IQX - it's available directly or through Exegy, MayStreet, Redline, and ACTIV.
Displayed Quote Stats
5-days through 07/01/22
Unique Names Per Day | Displayed Order Better Than NBBO % | Avg Spread Improvement % | |
|---|---|---|---|
Total | 7206 | 39.8% | 27.5% |
ETF | 1448 | 45.2% | 26.4% |
LARGE CAP | 770 | 38.2% | 28.0% |
MID CAP | 1141 | 35.9% | 28.4% |
OTHER | 84 | 53.1% | 31.1% |
SMALL CAP | 3765 | 28.5% | 30.3% |
Top Symbols
ADR
| VALE | 2,175,423 |
| ABEV | 1,850,160 |
| ITUB | 1,294,840 |
ETF
| TQQQ | 1,924,680 |
| XLF | 1,187,276 |
| SPTI | 1,052,166 |
Large Cap
| AMZN | 3,203,223 |
| AMD | 2,803,063 |
| NVDA | 2,522,921 |
Smid Cap
| ENDP | 4,294,954 |
| SWN | 3,510,577 |
| XELA | 2,815,278 |
Trading Information
5-days through 07/01/22
5-days through 07/01/22 | Quote Stability @ 20ms | Quote Stability @ 500ms | Average Trade Size | Average Order Size | Active Traded Names |
|---|---|---|---|---|---|
Total | 91.1 | 77.4 | 100 | 220 | 6414 |
Smid Cap | 93.3 | 84.8 | 100 | 210 | 4436 |
ETF | 94.6 | 82.7 | 190 | 320 | 810 |
Large Cap | 86.9 | 64.6 | 90 | 120 | 695 |
ADR | 94.8 | 85.2 | 140 | 270 | 349 |
Percent Names Traded by Share Group
SMID_CAP
LARGE_CAP
ADR
OTHER
ETF