Weekly Highlights
IntelligentCross closed the first week of November with its best day ever for matched volume at just under 150mm shares, single-counted. Friday also capped off our second-best week ever for market-share of TCV, at just over 1%.
Both Midpoint and IOC hit-rates were at their highest of the year last week. And we saw an average of 14mm orders per day displayed on our free market data feed, IQX, that were priced better than the NBBO on arrival. These orders had average spread savings of over 30% and helped to drive at least one side of our displayed quote to be at or better than the inside for over 70 percent of the day.
If you’re not using our platform to fully unlock trading performance, check out our insights on How to Trade the Big Days: Understanding Liquidity Formation - TabbFORUM and get in touch. Contact the desk for more information on our weekly data or to connect to our market data feed, IQX. It’s available directly or through Exegy, MayStreet, Redline, and ACTIV.
Displayed Quote Stats
5-days through 11/04/22
Unique Names Per Day | Displayed Order Better Than NBBO % | Avg Spread Improvement % | |
|---|---|---|---|
Total | 7257 | 29% | 39% |
ETF | 1459 | 28% | 49% |
LARGE CAP | 748 | 33% | 27% |
MID CAP | 1148 | 31% | 29% |
OTHER | 137 | 27% | 51% |
SMALL CAP | 3766 | 30% | 26% |
Top Symbols
ADR
| VALE | 4,132,075 |
| PBR | 4,113,440 |
| BBD | 3,034,790 |
ETF
| HYG | 2,882,730 |
| EEM | 2,854,481 |
| FXI | 2,612,351 |
Large Cap
| AMZN | 3,849,640 |
| WBD | 3,421,962 |
| F | 3,104,590 |
Smid Cap
| SOFI | 3,655,999 |
| LUMN | 3,055,574 |
| AUY | 2,495,742 |
Trading Information
5-days through 11/04/22
5-days through 11/04/22 | Quote Stability @ 20ms | Quote Stability @ 500ms | Average Trade Size | Average Order Size | Active Traded Names |
|---|---|---|---|---|---|
Total | 92 | 79.8 | 100 | 230 | 6278 |
Smid Cap | 93.5 | 86.1 | 90 | 210 | 4218 |
ETF | 94.5 | 80.8 | 200 | 350 | 801 |
Large Cap | 89.2 | 70.6 | 90 | 130 | 654 |
ADR | 95.5 | 87.2 | 140 | 310 | 337 |
Percent Names Traded by Share Group
SMID_CAP
LARGE_CAP
ADR
OTHER
ETF