JPM-X U.S. Monthly Summary

January 2017 JPM-X statistics
Average daily volume
(single counted)
56.0 mm
Average trade size 223 shares
Number of symbols traded 6,279 unique symbols
Percent of volume >= 5k shares 10.8% of Volume (6.1 mm ADV)
Average block size >= 5k shares 10,646 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 2017 JPM-X statistics
Average daily volume
(single counted)
62.7mm
Average trade size 220 shares
Number of symbols traded 6,180 unique symbols
Percent of volume >= 5k shares 9.8% of Volume (6.1mm ADV)
Average block size >= 5k shares 10,560 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 2017 JPM-X statistics
Average daily volume
(single counted)
53.1mm
Average trade size 213 shares
Number of symbols traded 6,375 unique symbols
Percent of volume >= 5k shares 10.1% of Volume (5.6mm ADV)
Average block size >= 5k shares 10,521 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 2017 JPM-X statistics
Average daily volume
(single counted)
55.2 mm
Average trade size 212 shares
Number of symbols traded 6,375 unique symbols
Percent of volume >= 5k shares 12.9% of Volume (7.1 mm ADV)
Average block size >= 5k shares 11,050 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 2017 JPM-X statistics
Average daily volume
(single counted)
56.2 mm
Average trade size 201 shares
Number of symbols traded 6,262 unique symbols
Percent of volume >= 5k shares 10.9% of Volume (6.1 mm ADV)
Average block size >= 5k shares 10,956 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:

June 2017 JPM-X statistics
Average daily volume
(single counted)
52.2 mm
Average trade size 197 shares
Number of symbols traded 6,391 unique symbols
Percent of volume >= 5k shares 10.9% of Volume (5.7 mm ADV)
Average block size >= 5k shares 10,841 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:

July 2017 JPM-X statistics
Average daily volume
(single counted)
49.7 mm
Average trade size 198 shares
Number of symbols traded 6,307 unique symbols
Percent of volume >= 5k shares 10.6% of Volume (5.3 mm ADV)
Average block size >= 5k shares 11,244 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:

August 2017 JPM-X statistics
Average daily volume
(single counted)
46.9 mm
Average trade size 184 shares
Number of symbols traded 6,394 unique symbols
Percent of volume >= 5k shares 11.2% of Volume (5.3 mm ADV)
Average block size >= 5k shares 11,524 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:

September 2017 JPM-X statistics
Average daily volume
(single counted)
48.9 mm
Average trade size 183 shares
Number of symbols traded 6,398 unique symbols
Percent of volume >= 5k shares 12.5% of Volume (6.1 mm ADV)
Average block size >= 5k shares 11,484 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:

October 2017 JPM-X statistics
Average daily volume
(single counted)
50.8 mm
Average trade size 188 shares
Number of symbols traded 6,344 unique symbols
Percent of volume >= 5k shares 13.1% of Volume (6.7 mm ADV)
Average block size >= 5k shares 11,547 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:

November 2017 JPM-X statistics
Average daily volume
(single counted)
50.2 mm
Average trade size 190 shares
Number of symbols traded 6,327 unique symbols
Percent of volume >= 5k shares 13.1% of Volume (6.6 mm ADV)
Average block size >= 5k shares 11,926 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:

December 2017 JPM-X statistics
Average daily volume
(single counted)
45.0 mm
Average trade size 186 shares
Number of symbols traded 6,333 unique symbols
Percent of volume >= 5k shares 11.5% of Volume (5.2 mm ADV)
Average block size >= 5k shares 11,549 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:

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