National Financial - Trade Execution Quality > Execution Speed
Overview
Statistics
  • Execution
  • Price Improvement
  • Execution Speed
  • Effective Spread
Execution Quality
Measurements

SEC Rule 605
SEC Rule 606
Definitions
Execution Speed

The following statistics on execution speed show the elapsed time between the time Fidelity receives an order and the time of execution.

Execution Speed pie charts

Executions represent market orders with share sizes between 100-4,999 shares excluding pre-opening orders, executed as agent through 3rd party Nasdaq Market Makers and Listed Specialists, and as principal by National Financial Services Market Makers. Analysis includes only those exchanges or Market Makers receiving at least 5% of Fidelity Brokerage Services, LLC monthly Nasdaq and Listed share volume.
Source: TTA (Thompson Transaction Analytics)

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