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| August 2016 JPM-X statistics | |
|---|---|
| Average daily volume (single counted) |
47.2 mm |
| Average trade size | 218 shares |
| Number of symbols traded | 6,508 unique symbols |
| Percent of volume >= 5k shares | 7.8% of Volume (3.7 mm ADV) |
| Average block size >= 5k shares | 10,079 shares |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
Bar chart showing Volume by Tier information
Sources: J.P. Morgan Tick and Trade Data, BATS Market Volume Summary
Please also see:
| September 2016 JPM-X statistics | |
|---|---|
| Average daily volume (single counted) |
52.4 mm |
| Average trade size | 226 shares |
| Number of symbols traded | 6,458 unique symbols |
| Percent of volume >= 5k shares | 8.9% of Volume (4.7 mm ADV) |
| Average block size >= 5k shares | 10,449 shares |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
Bar chart showing Volume by Tier information
Sources: J.P. Morgan Tick and Trade Data, BATS Market Volume Summary
Please also see:
| October 2016 JPM-X statistics | |
|---|---|
| Average daily volume (single counted) |
52.7 mm |
| Average trade size | 243 shares |
| Number of symbols traded | 6,329 unique symbols |
| Percent of volume >= 5k shares | 12.2% of volume (6.4 mm ADV) |
| Average block size >= 5k shares | 10,363 shares |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
Bar chart showing Volume by Tier information
Sources: J.P. Morgan Tick and Trade Data, BATS Market Volume Summary
Please also see:
| November 2016 JPM-X statistics | |
|---|---|
| Average daily volume (single counted) |
65.7 mm |
| Average trade size | 245 shares |
| Number of symbols traded | 6,409 unique symbols |
| Percent of volume >= 5k shares | 12.5% of volume (8.2 mm ADV) |
| Average block size >= 5k shares | 10,056 shares |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
Bar chart showing Volume by Tier information
Sources: J.P. Morgan Tick and Trade Data, BATS Market Volume Summary
Please also see:
| December 2016 JPM-X statistics | |
|---|---|
| Average daily volume (single counted) |
48.8 mm |
| Average trade size | 217 shares |
| Number of symbols traded | 6,400 unique symbols |
| Percent of volume >= 5k shares | 9.2% of Volume (4.5mm ADV) |
| Average block size >= 5k shares | 11,006 shares |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
Bar chart showing Volume by Tier information
Sources: J.P. Morgan Tick and Trade Data, BATS Market Volume Summary
Please also see:
| 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 |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
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 |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
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 |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
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 |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
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 |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
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 |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
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 |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
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 |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
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 |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
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 |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
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 |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
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 |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
Bar chart showing Volume by Tier information
Sources: J.P. Morgan Tick and Trade Data, BATS Market Volume Summary
Please also see:
| 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 |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
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 |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
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 |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
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 |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
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 |
Volume by Exec Price Pie chart showing Midpoint,Intraspread and Touch information
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 showing Volume by Tier information
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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