HTX
One or more volume-pattern metrics deviate noticeably from the peer-basket reference. The per-metric breakdown below shows which components are driving the score.
Volume-pattern metrics sit outside the typical peer-basket range on multiple components. The breakdown below shows which specific metrics are driving the score.
M01Atypical · Low
See methodology entry for M01 → for full inputs, formula, and score mapping.
M01Atypical · Low
See methodology entry for M01 → for full inputs, formula, and score mapping.
M02Atypical · Low
See methodology entry for M02 → for full inputs, formula, and score mapping.
M02Atypical · Low
See methodology entry for M02 → for full inputs, formula, and score mapping.
M03See methodology entry for M03 → for full inputs, formula, and score mapping.
M03See methodology entry for M03 → for full inputs, formula, and score mapping.
Effective spread, depth-at-size, and quote stability all sit near the best of the peer basket. Execution costs at standard sizes are tight relative to reference venues.
Effective spread, depth-at-size, and quote stability all sit near the best of the peer basket. Execution costs at standard sizes are tight relative to reference venues.
M04Typical
See methodology entry for M04 → for full inputs, formula, and score mapping.
M04Typical
See methodology entry for M04 → for full inputs, formula, and score mapping.
M05Typical
See methodology entry for M05 → for full inputs, formula, and score mapping.
M05Typical
See methodology entry for M05 → for full inputs, formula, and score mapping.
M06See methodology entry for M06 → for full inputs, formula, and score mapping.
M06See methodology entry for M06 → for full inputs, formula, and score mapping.
Mid-price tracks the global market closely and impact dynamics on large trades match the reference pattern. Both metrics in this dimension sit near the best of the peer basket.
Price tracking against the global market is tight; impact dynamics on large trades are close to the peer reference. The dimension sits in the upper half of the peer-basket range.
M07Typical
See methodology entry for M07 → for full inputs, formula, and score mapping.
M07Typical
See methodology entry for M07 → for full inputs, formula, and score mapping.
M08Typical
See methodology entry for M08 → for full inputs, formula, and score mapping.
M08See methodology entry for M08 → for full inputs, formula, and score mapping.
Volume share relative to liquidity share, or price-discovery contribution, deviates noticeably from the peer-basket reference. The per-metric breakdown below shows the source of the divergence.
Volume share relative to liquidity share, or price-discovery contribution, deviates noticeably from the peer-basket reference. The per-metric breakdown below shows the source of the divergence.
M10Atypical · Low
See methodology entry for M10 → for full inputs, formula, and score mapping.
M10Atypical · Low
See methodology entry for M10 → for full inputs, formula, and score mapping.
M11Typical
See methodology entry for M11 → for full inputs, formula, and score mapping.
M11Typical
See methodology entry for M11 → for full inputs, formula, and score mapping.