Weekly Highlights

  • Our June market update, including information on trading trends, has been published and is available here.

  • July has started on a very strong note. So far, this is our highest month ever for market share of total consolidated volume, at just over 82 bps per day.

  • Unique displayed liquidity on IQX, our free market data feed, is driving these gains in market share – even during holiday-shortened periods. Last week, we had displayed orders in more than 7000 names per day and at least one side of the IQX quote was priced at or better than the NBBO over 70% of the time.

  • 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

4-days through 07/08/22

Unique Names Per Day

Displayed Order Better Than NBBO %

Avg Spread Improvement %

Total

7164

28%

40%

ETF

1443

27%

46%

LARGE CAP

775

29%

38%

MID CAP

1156

29%

37%

OTHER

80

32%

63%

SMALL CAP

3711

31%

29%

Top Symbols

shares matched on the week

ADR

VALE1,661,706
NIO1,260,772
YSG1,234,485

ETF

TQQQ1,797,643
HYG1,100,484
EEM976,683

Large Cap

AMZN1,930,327
F1,864,644
AMD1,850,395

Smid Cap

XELA3,228,672
ENDP2,520,005
SWN1,649,789

Trading Information

4-days through 07/08/22

4-days through 07/08/22

Quote Stability @ 20ms

Quote Stability @ 500ms

Average Trade Size

Average Order Size

Active Traded Names

Total

91.7

78.8

100

210

6155

Smid Cap

93.6

85.6

100

200

4308

ETF

94.8

83.6

190

310

738

Large Cap

88.1

67.3

90

120

686

ADR

94.6

85.5

160

280

327

Percent Names Traded by Share Group

SMID_CAP 46.5%LARGE_CAP 35.6%ADR 7.2%OTHER 5.6%ETF 5.0%

SMID_CAP

LARGE_CAP

ADR

OTHER

ETF