Weekly Highlights
IntelligentCross has crossed 1% of TCV every day in September and set a new record of just under 1.13% on Friday 9/9.
We also reached a platform-best ranking of a combined #3 for trading Tier 1 and Tier 2 NMS securities according to the most recent FINRA ATS statistics.
While recent market conditions have shifted more execution to the touch, our subscribers continue to experience sizeable spread savings opportunities. Orders displayed on our free market data feed IQX beat the NBBO on arrival over 12 million times per day and almost ⅓ of our midpoint subscribers saw hitrates above 10 percent last week.
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 09/02/22
Unique Names Per Day | Displayed Order Better Than NBBO % | Avg Spread Improvement % | |
|---|---|---|---|
Total | 7326 | 37.1% | 28.4% |
ETF | 1425 | 43.6% | 27.8% |
LARGE CAP | 781 | 33.0% | 28.5% |
MID CAP | 1163 | 32.6% | 29.2% |
OTHER | 92 | 36.7% | 35.5% |
SMALL CAP | 3866 | 26.3% | 30.7% |
Top Symbols
ADR
| PBR | 1,776,588 |
| NOK | 1,720,275 |
| VALE | 1,547,191 |
ETF
| TQQQ | 2,088,484 |
| SPY | 1,742,911 |
| HYG | 1,431,014 |
Large Cap
| SNAP | 3,359,181 |
| AMD | 2,781,105 |
| F | 2,761,647 |
Smid Cap
| AVCT | 4,035,207 |
| AUY | 1,930,151 |
| SWN | 1,771,525 |
Trading Information
5-days through 09/02/22
5-days through 09/02/22 | Quote Stability @ 20ms | Quote Stability @ 500ms | Average Trade Size | Average Order Size | Active Traded Names |
|---|---|---|---|---|---|
Total | 91.7 | 78.2 | 90 | 220 | 6192 |
Smid Cap | 93.4 | 85.3 | 90 | 210 | 4299 |
ETF | 93.8 | 78.7 | 160 | 350 | 712 |
Large Cap | 88.8 | 68 | 90 | 130 | 676 |
ADR | 95.4 | 86.5 | 140 | 290 | 339 |
Percent Names Traded by Share Group
SMID_CAP
LARGE_CAP
ADR
ETF
OTHER