- We opened August with the highest hit-rates of the year across Midpoint and ASPEN.
- Notably, we also had our highest YTD hit-rates for ASPEN orders tagged for display on our free full-depth market data feed, IQX.
- Last week we set daily matched share records for ASPEN in general and displayed liquidity in particular as the platform traded over $2.6 billion per day single sided.
- Market share continues to climb to new records and has grown over 2x since January for both ASPEN and the platform overall.
- Our subscribers continue to improve their execution performance by accessing our unique liquidity. Last week our displayed orders were priced better than the NBBO around 40% of the time with savings of approximately 30% of the spread.
- Please contact the desk for more information on getting IQX. It's available directly or through Exegy, MayStreet, Redline, and ACTIV.
Read the rest of this newsletter here