|
Overview Statistics Execution Quality Measurements SEC Rule 605 SEC Rule 606 Definitions |
The following monthly statistics on price improvement reflect the percentage of shares executed at prices better than the prevailing National Best Bid or Offer (NBBO), i.e., either below the best offer for buys or above the best bid for sells.
| Month | Overall Listed | Overall NASDAQ |
| December 2007 | 50.4% | 55.7% |
| November 2007 | 48.5% | 51.8% |
| October 2007 | 45.2% | 47.9% |
| September 2007 | 44.4% | 45.8% |
| August 2007 | 43.1% | 41.9% |
| July 2007 | 38.6% | 36.2% |
|
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. |
||