Weekly Highlights

• Q1-2024 was IntelligentCross’ best quarter ever. Average daily market share of the total consolidated volume, TCV, was over 159bps, and single counted daily match quantity remained above 156mm shares. Underlying these top line numbers were records for daily volumes of demi-block and larger, as well as shares matched against IOC order types.

• Add to that our unique ability for subscribers to display orders on our free market data feed, IQX, and our consistently better than exchange post trade quote stability and markouts measured at 500ms, IntelligentCross offers an all-weather platform for execution that constantly optimizes liquidity and performance.

• So it's no surprise that as market wide execution conditions measured by quote stability and spread generally improved last week for the first time in a month, even though daily volumes and trade sizes didn't, IntelligentCross had the best week of the year for resting patience of displayed orders of round lot and higher as subscribers expressed confidence in their ability to attract quality liquidity.

• If you haven't yet leveraged our platform to boost your trading outcomes, we encourage you to connect with us. Our displayed ASPEN quotes are available through our market data feed, IQX, which can be accessed directly or via providers such as Exegy, MayStreet, Redline, and ACTIV.