JPM-X U.S. Monthly Summary

January 2018 JPM-X statistics
Average daily volume
(single counted)
56.4 mm
Average trade size 201 shares
Number of symbols traded 6,443 unique symbols
Percent of volume >= 5k shares 13.4% of Volume (7.5 mm ADV)
Average block size >= 5k shares 11,251 shares
Pie chart for Volume by Exec Price
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
Bar chart for Average Daily Volume and Market Share
Bar chart showing Average Daily Volume and Market Share information
Bar chart for Block Average Daily Volume and Average Trade Size
Bar chart showing Block Average Daily Volume and Average Trade Size information

Order Flow Tiers

Our differentiated tiering structure allows clients to customize the order flow types with which they interact. Order flow types are used to tier the JPM-X order book.

  • Tier 1: Institutional investor client flow accessing JPM-X via algorithms or SOR
  • Tier 2: Institutional investor client flow with direct access to JPM-X
  • Tier 3: Broker-dealer client flow (both agency and principal) accessing JPM-X via algorithms or SOR
  • Tier 4 (P1): JPMS trading desk flow accessing JPM-X via algorithms or SOR
  • Tier 4 (P2): Internal (JPMS) electronic liquidity provider flow with direct access to JPM-X
  • Tier 5 (ELP): Flow of external broker-dealers acting as electronic liquidity providers with direct access to JPM-X
  • Tier 5 (I5): Flow of broker-dealers not acting as electronic liquidity providers (both agency and principal) with direct access to JPM-X
Pie chart for Volume by Tier
Pie chart showing Volume by Tier information
Bar chart for Volume by Tier
Bar chart showing Volume by Tier information

Sources: J.P. Morgan Tick and Trade Data, BATS Market Volume Summary

Please also see:

February 2018 JPM-X statistics
Average daily volume
(single counted)
57 mm
Average trade size 190 shares
Number of symbols traded 6,375 unique symbols
Percent of volume >= 5k shares 12.1% of Volume (6.9 mm ADV)
Average block size >= 5k shares 11,771 shares
Pie chart for Volume by Exec Price
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
Bar chart for Average Daily Volume and Market Share
Bar chart showing Average Daily Volume and Market Share information
Bar chart for Block Average Daily Volume and Average Trade Size
Bar chart showing Block Average Daily Volume and Average Trade Size information

Order Flow Tiers

Our differentiated tiering structure allows clients to customize the order flow types with which they interact. Order flow types are used to tier the JPM-X order book.

  • Tier 1: Institutional investor client flow accessing JPM-X via algorithms or SOR
  • Tier 2: Institutional investor client flow with direct access to JPM-X
  • Tier 3: Broker-dealer client flow (both agency and principal) accessing JPM-X via algorithms or SOR
  • Tier 4 (P1): JPMS trading desk flow accessing JPM-X via algorithms or SOR
  • Tier 4 (P2): Internal (JPMS) electronic liquidity provider flow with direct access to JPM-X
  • Tier 5 (ELP): Flow of external broker-dealers acting as electronic liquidity providers with direct access to JPM-X
  • Tier 5 (I5): Flow of broker-dealers not acting as electronic liquidity providers (both agency and principal) with direct access to JPM-X
Pie chart for Volume by Tier
Pie chart showing Volume by Tier information
Bar chart for Volume by Tier
Bar chart showing Volume by Tier information

Sources: J.P. Morgan Tick and Trade Data, BATS Market Volume Summary

Please also see:

March 2018 JPM-X statistics
Average daily volume
(single counted)
46.3 mm
Average trade size 187 shares
Number of symbols traded 6,332 unique symbols
Percent of volume >= 5k shares 10.9% of Volume (5.0 mm ADV)
Average block size >= 5k shares 11,140 shares
Pie chart for Volume by Exec Price
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
Bar chart for Average Daily Volume and Market Share
Bar chart showing Average Daily Volume and Market Share information
Bar chart for Block Average Daily Volume and Average Trade Size
Bar chart showing Block Average Daily Volume and Average Trade Size information

Order Flow Tiers

Our differentiated tiering structure allows clients to customize the order flow types with which they interact. Order flow types are used to tier the JPM-X order book.

  • Tier 1: Institutional investor client flow accessing JPM-X via algorithms or SOR
  • Tier 2: Institutional investor client flow with direct access to JPM-X
  • Tier 3: Broker-dealer client flow (both agency and principal) accessing JPM-X via algorithms or SOR
  • Tier 4 (P1): JPMS trading desk flow accessing JPM-X via algorithms or SOR
  • Tier 4 (P2): Internal (JPMS) electronic liquidity provider flow with direct access to JPM-X
  • Tier 5 (ELP): Flow of external broker-dealers acting as electronic liquidity providers with direct access to JPM-X
  • Tier 5 (I5): Flow of broker-dealers not acting as electronic liquidity providers (both agency and principal) with direct access to JPM-X
Pie chart for Volume by Tier
Pie chart showing Volume by Tier information
Bar chart for Volume by Tier
Bar chart showing Volume by Tier information

Sources: J.P. Morgan Tick and Trade Data, BATS Market Volume Summary

Please also see:

April 2018 JPM-X statistics
Average daily volume
(single counted)
52.2 mm
Average trade size 188 shares
Number of symbols traded 6,268 unique symbols
Percent of volume >= 5k shares 11.8% of Volume (6.2 mm ADV)
Average block size >= 5k shares 11,735 shares
Pie chart for Volume by Exec Price
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
Bar chart for Average Daily Volume and Market Share
Bar chart showing Average Daily Volume and Market Share information
Bar chart for Block Average Daily Volume and Average Trade Size
Bar chart showing Block Average Daily Volume and Average Trade Size information

Order Flow Tiers

Our differentiated tiering structure allows clients to customize the order flow types with which they interact. Order flow types are used to tier the JPM-X order book.

  • Tier 1: Institutional investor client flow accessing JPM-X via algorithms or SOR
  • Tier 2: Institutional investor client flow with direct access to JPM-X
  • Tier 3: Broker-dealer client flow (both agency and principal) accessing JPM-X via algorithms or SOR
  • Tier 4 (P1): JPMS trading desk flow accessing JPM-X via algorithms or SOR
  • Tier 4 (P2): Internal (JPMS) electronic liquidity provider flow with direct access to JPM-X
  • Tier 5 (ELP): Flow of external broker-dealers acting as electronic liquidity providers with direct access to JPM-X
  • Tier 5 (I5): Flow of broker-dealers not acting as electronic liquidity providers (both agency and principal) with direct access to JPM-X
Pie chart for Volume by Tier
Pie chart showing Volume by Tier information
Bar chart for Volume by Tier
Bar chart showing Volume by Tier information

Sources: J.P. Morgan Tick and Trade Data, BATS Market Volume Summary

Please also see:

May 2018 JPM-X statistics
Average daily volume
(single counted)
59.4 mm
Average trade size 189 shares
Number of symbols traded 6,346 unique symbols
Percent of volume >= 5k shares 10.7% of Volume (6.4 mm ADV)
Average block size >= 5k shares 11,919 shares
Pie chart for Volume by Exec Price
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
Bar chart for Average Daily Volume and Market Share
Bar chart showing Average Daily Volume and Market Share information
Bar chart for Block Average Daily Volume and Average Trade Size
Bar chart showing Block Average Daily Volume and Average Trade Size information

Order Flow Tiers

Our differentiated tiering structure allows clients to customize the order flow types with which they interact. Order flow types are used to tier the JPM-X order book.

  • Tier 1: Institutional investor client flow accessing JPM-X via algorithms or SOR
  • Tier 2: Institutional investor client flow with direct access to JPM-X
  • Tier 3: Broker-dealer client flow (both agency and principal) accessing JPM-X via algorithms or SOR
  • Tier 4 (P1): JPMS trading desk flow accessing JPM-X via algorithms or SOR
  • Tier 4 (P2): Internal (JPMS) electronic liquidity provider flow with direct access to JPM-X
  • Tier 5 (ELP): Flow of external broker-dealers acting as electronic liquidity providers with direct access to JPM-X
  • Tier 5 (I5): Flow of broker-dealers not acting as electronic liquidity providers (both agency and principal) with direct access to JPM-X
Pie chart for Volume by Tier
Pie chart showing Volume by Tier information
Bar chart for Volume by Tier
Bar chart showing Volume by Tier information

Sources: J.P. Morgan Tick and Trade Data, BATS Market Volume Summary

Please also see:

Click the file(s) below to see monthly stats:

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