Execution Quality

Discover the metrics that underscore our commitment to ensuring quality execution for every order.

Our Trade Execution Quality Q3 2024

Covered MKT (100-1999 shares)

Price Improved

24.93%

Average Speed

0.029

At NBBO or Better

98.22%

Covered MKL (100-1999 shares)

Price Improved

26.71%

Average Speed

0.029

At NBBO or Better

98.83%

Our Quality Standards

  • 'Price Improved' means that your trade is executed at a better price than the current market price. For a buy order, this means getting the shares at a lower price than expected, and for a sell order, it means selling at a higher price than expected.

  • 'Average Speed' refers to the time it takes for trades to be executed. A lower average speed means your trades are completed faster, helping you take advantage of market opportunities in a timely manner.

  • 'At NBBO or Better' means that your trade will be executed at the National Best Bid and Offer (NBBO) price or a better price. The NBBO represents the highest bid price and the lowest ask price available in the market across all exchanges. This ensures you receive the most competitive pricing available for your trades, helping you achieve optimal buying and selling conditions.