NTRS
Rule 605 Market Center ComparisonReport Month: 202608 •
Build ID: 202608-20261001T134852Z •
Market Centers: 124 •
Total Executed Volume: 2,038,333 shares
Listing (Nasdaq Trader)
Exchange: Nasdaq (Q)
Round Lot: 100 shares
Market Center Execution Quality on NTRS
Sorted by total executed share volume across all order classes for month 202608.
| Market Center | Class | Covered Orders | Covered Shares | Executed Shares | Share of Vol | Fill Rate | PI Rate | NPI (bps) | Eff Spread % | Speed <1s |
|---|---|---|---|---|---|---|---|---|---|---|
| ARCX(ARCX) | marketable_limit | 17,779 | 1,979,635 | 327,162 | 16.1% | 16.5% | 25.1% | 0.4 bps | 0.07% | 100.0% |
| Investors Exchange(IEXG) | marketable_limit | 11,082 | 1,683,645 | 277,138 | 13.6% | 16.5% | 27.3% | 0.4 bps | 0.06% | 100.0% |
| MORGAN STANLEY & CO. LLC(MSPL) | marketable_limit | 1,436 | 197,200 | 196,200 | 9.6% | 99.5% | 34.1% | 1.3 bps | 0.09% | 100.0% |
| Instinct X(MLIX) | marketable_limit | 10,300 | 1,326,222 | 126,985 | 6.2% | 9.6% | 54.1% | 0.7 bps | 0.09% | 98.7% |
| Virtu Americas LLC(NITE) | market | 3,679 | 111,600 | 104,506 | 5.1% | 93.6% | 96.7% | 6.0 bps | 0.02% | 99.9% |
| Cboe BZX Exchange(BATS) | marketable_limit | 56,588 | 5,373,342 | 103,063 | 5.1% | 1.9% | 21.8% | 2.0 bps | 0.19% | 81.1% |
| XNYS(XNYS) | marketable_limit | 9,382 | 805,372 | 101,797 | 5.0% | 12.6% | 23.2% | 0.4 bps | 0.06% | 100.0% |
| G1 Execution Services(ETMM) | market | 2,005 | 85,989 | 85,989 | 4.2% | 100.0% | 93.4% | 6.3 bps | 0.02% | 100.0% |
| HRT Financial LP(HRTF) | market | 1,666 | 86,440 | 81,314 | 4.0% | 94.1% | 97.5% | 6.3 bps | 0.02% | 100.0% |
| VIRTU AMERICAS LLC(NITQ) | marketable_limit | 759 | 122,602 | 65,574 | 3.2% | 53.5% | 2.9% | 0.0 bps | 0.11% | 100.0% |
| Cboe EDGX Exchange(EDGK) | marketable_limit | 49,014 | 4,892,592 | 48,434 | 2.4% | 1.0% | 27.8% | 1.5 bps | 0.28% | 78.7% |
| JANE STREET CAPITAL, LLC(JSJX) | marketable_limit | 327 | 66,517 | 39,607 | 1.9% | 59.5% | 1.8% | 0.0 bps | 0.14% | 100.0% |
| JANE STREET CAPITAL, LLC(JNST) | market | 1,200 | 43,543 | 39,586 | 1.9% | 90.9% | 96.8% | 6.1 bps | 0.01% | 100.0% |
| HRT FINANCIAL LP(HRTS) | marketable_limit | 377 | 65,608 | 39,342 | 1.9% | 60.0% | 24.0% | 0.1 bps | 0.09% | 100.0% |
| UBS ATS(UBSA) | marketable_limit | 1,077 | 171,596 | 38,345 | 1.9% | 22.3% | 47.3% | 0.9 bps | 0.07% | 100.0% |
| XCIS(XCIS) | marketable_limit | 4,804 | 417,045 | 37,318 | 1.8% | 8.9% | 25.0% | 0.5 bps | 0.06% | 100.0% |
| Cboe EDGA Exchange(EDGJ) | marketable_limit | 32,128 | 4,032,057 | 31,676 | 1.6% | 0.8% | 58.1% | 13.0 bps | 0.34% | 47.1% |
| XTX Execution Services LLC(XTXE) | marketable_limit | 3,820 | 665,398 | 30,885 | 1.5% | 4.6% | 73.4% | 7.9 bps | 0.07% | 100.0% |
| Cboe BYX Exchange(BYXX) | marketable_limit | 37,155 | 4,549,889 | 27,408 | 1.3% | 0.6% | 26.9% | 2.8 bps | 0.04% | 79.3% |
| JUMP EXECUTION, LLC(JSDP) | marketable_limit | 389 | 68,234 | 27,200 | 1.3% | 39.9% | 24.3% | 0.4 bps | 0.08% | 100.0% |
| TWO SIGMA SECURITIES, LLC(SOHW) | market | 570 | 24,893 | 24,893 | 1.2% | 100.0% | 92.9% | 4.9 bps | 0.03% | 100.0% |
| StoneX Financial, Inc.(INTL) | market | 363 | 26,712 | 24,838 | 1.2% | 93.0% | 68.2% | -1.0 bps | 0.12% | 100.0% |
| UBS SECURITIES, LLC(UBSS) | market | 419 | 25,567 | 24,776 | 1.2% | 96.9% | 97.9% | 3.7 bps | 0.05% | 100.0% |
| INTERACTIVE BROKERS LLC(IBAT) | marketable_limit | 665 | 19,850 | 19,730 | 1.0% | 99.4% | 100.0% | 9.1 bps | 0.02% | 100.0% |
| XASE(XASE) | marketable_limit | 2,526 | 291,119 | 17,105 | 0.8% | 5.9% | 11.8% | 0.1 bps | 0.06% | 100.0% |
| J.P. MORGAN SECURITIES LLC(JPMX) | marketable_limit | 8,902 | 898,814 | 14,679 | 0.7% | 1.6% | 25.8% | 0.7 bps | 0.06% | 100.0% |
| MORGAN STANLEY & CO. LLC(MSCO) | market | 684 | 11,404 | 11,404 | 0.6% | 100.0% | 88.3% | 4.9 bps | 0.07% | 100.0% |
| Virtu Americas LLC(NITE) | marketable_limit | 418 | 28,834 | 11,173 | 0.5% | 38.7% | 78.7% | 2.8 bps | 0.04% | 100.0% |
| VIRTU AMERICAS LLC(KCGM) | marketable_limit | 4,054 | 682,789 | 7,906 | 0.4% | 1.2% | 46.7% | 1.1 bps | 0.07% | 100.0% |
| CITIGROUP GLOBAL MARKETS INC.(ONEC) | marketable_limit | 3,539 | 663,637 | 6,723 | 0.3% | 1.0% | 45.7% | 0.9 bps | 0.10% | 99.9% |
| CITIGROUP GLOBAL MARKETS INC.(SBSH) | marketable_limit | 302 | 43,364 | 6,177 | 0.3% | 14.2% | 3.3% | 0.2 bps | 0.21% | 100.0% |
| INTERACTIVE BROKERS LLC(IBBD) | market | 0 | 6,097 | 6,051 | 0.3% | 99.2% | 99.7% | 12.4 bps | 0.06% | 49.7% |
| LATOUR TRADING LLC(XGWD) | marketable_limit | 69 | 4,233 | 4,233 | 0.2% | 100.0% | 88.2% | 0.4 bps | 0.08% | 100.0% |
| JANE STREET CAPITAL, LLC(JNST) | marketable_limit | 31 | 18,162 | 3,923 | 0.2% | 21.6% | 18.0% | 0.4 bps | 0.09% | 100.0% |
| HRT Financial LP(HRTF) | marketable_limit | 152 | 3,376 | 3,290 | 0.2% | 97.5% | 98.7% | 3.7 bps | 0.06% | 100.0% |
| GTS SECURITIES LLC(GTSM) | market | 248 | 9,730 | 2,967 | 0.1% | 30.5% | 98.7% | 5.4 bps | 0.02% | 100.0% |
| G1 Execution Services(ETMM) | marketable_limit | 43 | 7,223 | 2,722 | 0.1% | 37.7% | 85.1% | 4.2 bps | 0.04% | 100.0% |
| INTERACTIVE BROKERS LLC(IBBD) | marketable_limit | 0 | 2,443 | 2,367 | 0.1% | 96.9% | 99.9% | 8.7 bps | 0.03% | 50.0% |
| VIRTU AMERICAS LLC(ITGP) | marketable_limit | 681 | 97,458 | 2,347 | 0.1% | 2.4% | 0.0% | 0.0 bps | 0.12% | 100.0% |
| INTERACTIVE BROKERS CORP.(ISDP) | marketable_limit | 0 | 1,686 | 1,683 | 0.1% | 99.8% | 98.6% | -0.0 bps | 0.13% | 100.0% |
| TWO SIGMA SECURITIES, LLC(SOHW) | marketable_limit | 9 | 1,143 | 1,143 | 0.1% | 100.0% | 97.5% | 5.9 bps | 0.00% | 100.0% |
| TLQNA(TLQNA) | marketable_limit | 424 | 789,167 | 1,099 | 0.1% | 0.1% | 100.0% | 9.9 bps | 0.00% | 100.0% |
| VIRTU AMERICAS LLC(NITQ) | market | 21 | 5,979 | 805 | 0.0% | 13.5% | 100.0% | 8.8 bps | 0.00% | 100.0% |
| NATIONAL FINANCIAL SERVICES LLC(NFSC) | market | 4,434 | 110,362 | 644 | 0.0% | 0.6% | 98.9% | 7.4 bps | -0.00% | 86.2% |
| NATIONAL FINANCIAL SERVICES LLC(NFSF) | market | 1,726 | 699 | 644 | 0.0% | 92.1% | 100.0% | 9.2 bps | -0.00% | 100.0% |
| FIDELITY BROKERAGE SERVICES LLC(FIBS) | market | 2,960 | 71,355 | 630 | 0.0% | 0.9% | 98.8% | 8.6 bps | -0.00% | 99.0% |
| Cboe EDGX Exchange(EDGK) | market | 75 | 7,600 | 600 | 0.0% | 7.9% | 66.7% | 10.2 bps | 0.95% | 50.0% |
| SG AMERICAS SECURITIES, LLC(SGSD) | marketable_limit | 114 | 585 | 572 | 0.0% | 97.8% | 40.6% | 0.8 bps | 0.08% | 100.0% |
| NATIONAL FINANCIAL SERVICES LLC(XSTM) | marketable_limit | 83 | 10,406 | 557 | 0.0% | 5.4% | 0.0% | 0.0 bps | 0.07% | 100.0% |
| UBS SECURITIES, LLC(UBSS) | marketable_limit | 9 | 618 | 515 | 0.0% | 83.3% | 100.0% | 6.5 bps | 0.00% | 100.0% |
| ALPHAX US(ALPX) | marketable_limit | 1,264 | 253,796 | 440 | 0.0% | 0.2% | 36.1% | 0.2 bps | 0.06% | 100.0% |
| MORGAN STANLEY & CO. LLC(MSRP) | marketable_limit | 4 | 1,927 | 354 | 0.0% | 18.4% | 100.0% | 5.4 bps | 0.00% | 100.0% |
| GTS SECURITIES LLC(GTSM) | marketable_limit | 26 | 760 | 272 | 0.0% | 35.8% | 100.0% | 5.8 bps | 0.00% | 100.0% |
| J.P. MORGAN SECURITIES LLC(JPBD) | market | 183 | 14,375 | 248 | 0.0% | 1.7% | 98.6% | 6.1 bps | -0.03% | 89.1% |
| J.P. MORGAN SECURITIES LLC(JPDA) | market | 15 | 244 | 244 | 0.0% | 100.0% | 100.0% | 15.2 bps | -0.10% | 100.0% |
| XTX Execution Services LLC(XTXE) | market | 4 | 202 | 202 | 0.0% | 100.0% | 100.0% | 2.1 bps | 0.07% | 100.0% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED(STFX) | marketable_limit | 13 | 1,216 | 179 | 0.0% | 14.7% | 0.0% | 0.0 bps | 0.15% | 100.0% |
| TWO SIGMA SECURITIES, LLC(SOHS) | marketable_limit | 43 | 4,037 | 156 | 0.0% | 3.9% | 0.0% | 0.0 bps | 0.24% | 100.0% |
| BofA Securities, Inc.(MLCO) | market | 89 | 1,644 | 137 | 0.0% | 8.3% | 94.5% | 7.4 bps | 0.02% | 100.0% |
| Virtu Americas, LLC(VIRT) | marketable_limit | 6 | 1,545 | 79 | 0.0% | 5.1% | 5.1% | 0.1 bps | 0.22% | 100.0% |
| JANE STREET CAPITAL, LLC(JSJX) | market | 12 | 1,014 | 77 | 0.0% | 7.6% | 100.0% | 7.5 bps | 0.00% | 100.0% |
| StoneX Financial, Inc.(INTL) | marketable_limit | 2 | 55 | 55 | 0.0% | 100.0% | 100.0% | 3.5 bps | 0.02% | 100.0% |
| Cboe BZX Exchange(BATS) | market | 430 | 42,945 | 45 | 0.0% | 0.1% | 100.0% | 54.6 bps | 1.75% | 100.0% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED(MLWM) | market | 765 | 16,717 | 27 | 0.0% | 0.2% | 93.5% | 6.3 bps | 0.02% | 56.7% |
| INTERACTIVE BROKERS CORP.(IBFR) | marketable_limit | 0 | 26 | 26 | 0.0% | 100.0% | 20.5% | 2.3 bps | 0.20% | 98.1% |
| CHARLES SCHWAB & CO., INC.(CHAS) | market | 3,092 | 157,116 | 26 | 0.0% | 0.0% | 93.9% | 4.8 bps | 0.03% | 96.8% |
| ALLY INVEST SECURITIES LLC(TKNG) | market | 2 | 11 | 11 | 0.0% | 100.0% | 100.0% | 5.7 bps | 0.00% | 0.0% |
| JUMP EXECUTION, LLC(JRET) | market | 2 | 6 | 6 | 0.0% | 100.0% | 100.0% | 6.5 bps | 0.69% | 100.0% |
| J.P. MORGAN SECURITIES LLC(JPMS) | market | 10 | 158 | 4 | 0.0% | 2.5% | 100.0% | 6.9 bps | 0.02% | 28.6% |
| &PARTNERS(APRT) | market | 47 | 678 | 4 | 0.0% | 0.6% | 98.7% | 13.4 bps | 0.00% | 100.0% |
| NYLIFE SECURITIES LLC(NYLS) | market | 60 | 292 | 3 | 0.0% | 1.1% | 100.0% | 8.9 bps | 0.00% | 100.0% |
| CHARLES SCHWAB & CO., INC.(CHAS) | marketable_limit | 191 | 11,071 | 2 | 0.0% | 0.0% | 99.9% | 6.6 bps | 0.01% | 100.0% |
| DRIVEWEALTH, LLC(DWFT) | marketable_limit | 2 | 2 | 2 | 0.0% | 100.0% | 100.0% | 2.1 bps | 0.11% | 100.0% |
| DRIVEWEALTH, LLC(DWWT) | marketable_limit | 2 | 2 | 2 | 0.0% | 100.0% | 100.0% | 2.1 bps | 0.11% | 100.0% |
| EDWARD JONES(EDJF) | market | 5 | 2 | 2 | 0.0% | 100.0% | 100.0% | 3.6 bps | 0.06% | 100.0% |
| Edward Jones(EDJO) | market | 398 | 6,358 | 2 | 0.0% | 0.0% | 100.0% | 6.6 bps | 0.06% | 99.7% |
| FUTU CLEARING INC(FUTC) | market | 20 | 69 | 1 | 0.0% | 2.1% | 97.9% | 2.2 bps | 0.24% | 100.0% |
| FUTU CLEARING INC(FUTF) | market | 7 | 2 | 1 | 0.0% | 60.6% | 0.0% | 0.0 bps | 0.24% | 100.0% |
| FIDELITY BROKERAGE SERVICES LLC(FIBS) | marketable_limit | 41 | 2,322 | 0 | 0.0% | 0.0% | 100.0% | 7.0 bps | 0.03% | 100.0% |
| NATIONAL FINANCIAL SERVICES LLC(NFSC) | marketable_limit | 41 | 2,322 | 0 | 0.0% | 0.0% | 100.0% | 6.9 bps | 0.03% | 100.0% |
| NATIONAL FINANCIAL SERVICES LLC(NFSF) | marketable_limit | 7 | 0 | 0 | 0.0% | 100.0% | 100.0% | 11.7 bps | 0.00% | 100.0% |
| ROCKEFELLER FINANCIAL LLC(ROCK) | market | 15 | 262 | 0 | 0.0% | 0.0% | 100.0% | 13.7 bps | 0.00% | 90.1% |
| AMERIPRISE FINANCIAL SERVICES, LLC(AEFA) | market | 186 | 8,578 | 0 | 0.0% | — | 76.6% | 1.2 bps | — | 26.6% |
| ALBERT SECURITIES, LLC(ALBS) | market | 6 | 6 | 0 | 0.0% | — | 66.7% | 26.0 bps | — | 100.0% |
| ALTRUIST FINANCIAL LLC(ALTR) | market | 91 | 1,241 | 0 | 0.0% | — | 99.4% | 1.8 bps | — | 100.0% |
| APEX CLEARING CORPORATION(APCC) | market | 957 | 5,379 | 0 | 0.0% | — | 88.4% | 3.0 bps | — | 99.8% |
| ROBERT W. BAIRD & CO. INCORPORATED(BARD) | market | 41 | 1,308 | 0 | 0.0% | — | 92.8% | 3.7 bps | — | 64.1% |
| CITIGROUP GLOBAL MARKETS INC.(CGWM) | market | 5 | 178 | 0 | 0.0% | — | 100.0% | 7.1 bps | — | 100.0% |
| COINBASE CAPITAL MARKETS CORP(CNBS) | market | 4 | 3 | 0 | 0.0% | — | 100.0% | 4.2 bps | — | 100.0% |
| CODA MARKETS, INC.(CODX) | marketable_limit | 1 | 1 | 0 | 0.0% | — | — | — | — | — |
| ROBINHOOD FINANCIAL, LLC(CRFN) | market | 273 | 2,146 | 0 | 0.0% | — | 89.4% | 6.7 bps | — | 100.0% |
| ROBINHOOD FINANCIAL, LLC(CRFN) | marketable_limit | 4 | 211 | 0 | 0.0% | — | 93.4% | 8.7 bps | — | 100.0% |
| Canaccord Genuity Inc.(CSTI) | market | 3 | 3 | 0 | 0.0% | — | 100.0% | 4.1 bps | — | 100.0% |
| DAVIDSON (D.A.) & CO. INC.(DADA) | market | 23 | 970 | 0 | 0.0% | — | 100.0% | 2.6 bps | — | 100.0% |
| RBC CAPITAL MARKETS, LLC(DAIN) | market | 121 | 6,797 | 0 | 0.0% | — | 99.3% | 3.3 bps | — | 100.0% |
| FUTU CLEARING INC(FUTC) | marketable_limit | 2 | 16 | 0 | 0.0% | — | 100.0% | 6.7 bps | — | 100.0% |
| FUTU CLEARING INC(FUTF) | marketable_limit | 1 | 1 | 0 | 0.0% | — | — | — | — | — |
| MOOMOO FINANCIAL INC.(FUTM) | market | 3 | 48 | 0 | 0.0% | — | 100.0% | 1.0 bps | — | 100.0% |
| ROBINHOOD SECURITIES, LLC(HOOD) | market | 349 | 2,265 | 0 | 0.0% | — | 88.9% | 7.6 bps | — | 100.0% |
| ROBINHOOD SECURITIES, LLC(HOOD) | marketable_limit | 4 | 211 | 0 | 0.0% | — | 93.4% | 8.7 bps | — | 100.0% |
| AMERICAN ENTERPRISE INVESTMENT SERVICES INC.(HRBF) | market | 186 | 8,578 | 0 | 0.0% | — | 76.6% | 1.2 bps | — | 26.6% |
| HRT FINANCIAL LP(HRTS) | market | 5 | 1,977 | 0 | 0.0% | — | — | — | — | — |
| JANNEY MONTGOMERY SCOTT LLC(JANY) | market | 26 | 888 | 0 | 0.0% | — | 96.1% | 4.8 bps | — | 100.0% |
| AXOS CLEARING LLC(LGNT) | market | 4 | 7 | 0 | 0.0% | — | 100.0% | 1.0 bps | — | 100.0% |
| U.S. BANCORP ADVISORS, LLC(MKTI) | market | 3 | 53 | 0 | 0.0% | — | 100.0% | 0.5 bps | — | 100.0% |
| NOMAD INVESTMENT SERVICES(NOMA) | market | 9 | 9 | 0 | 0.0% | — | 100.0% | 1.9 bps | — | 100.0% |
| OPPENHEIMER & CO. INC.(OPCO) | market | 115 | 2,014 | 0 | 0.0% | — | 80.5% | 2.7 bps | — | 100.0% |
| PNC WEALTH MANAGEMENT LLC(PNCC) | market | 9 | 77 | 0 | 0.0% | — | 100.0% | 3.8 bps | — | 100.0% |
| UBS FINANCIAL SERVICES INC.(PWJC) | market | 378 | 55,557 | 0 | 0.0% | — | 40.7% | -5.9 bps | — | 37.6% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED(SFBD) | market | 106 | 4,894 | 0 | 0.0% | — | 100.0% | 4.4 bps | — | 99.8% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED(SFMM) | market | 47 | 3,415 | 0 | 0.0% | — | 100.0% | 3.8 bps | — | 100.0% |
| SOFI SECURITIES LLC(SOFI) | market | 4 | 41 | 0 | 0.0% | — | 100.0% | 8.4 bps | — | 100.0% |
| STASH CAPITAL LLC(STSH) | market | 96 | 108 | 0 | 0.0% | — | 88.0% | 7.6 bps | — | 96.3% |
| HILLTOP SECURITIES INC.(SWST) | market | 1 | 69 | 0 | 0.0% | — | 0.0% | 0.0 bps | — | 0.0% |
| TRADE-PMR INC.(TPMR) | market | 1 | 13 | 0 | 0.0% | — | 100.0% | 3.8 bps | — | 100.0% |
| CASH APP INVESTING LLC(TPTG) | market | 83 | 58 | 0 | 0.0% | — | 99.9% | 3.1 bps | — | 100.0% |
| OPEN TO THE PUBLIC INVESTING, INC.(TTSI) | market | 97 | 105 | 0 | 0.0% | — | 94.3% | 7.3 bps | — | 100.0% |
| TASTYTRADE, INC.(TWTT) | market | 5 | 172 | 0 | 0.0% | — | 100.0% | 6.4 bps | — | 100.0% |
| VANGUARD MARKETING CORPORATION(VGRD) | market | 39 | 979 | 0 | 0.0% | — | 92.6% | 6.6 bps | — | 93.8% |
| VANGUARD MARKETING CORPORATION(VGRD) | marketable_limit | 3 | 380 | 0 | 0.0% | — | 100.0% | 13.3 bps | — | 100.0% |
| WEBULL FINANCIAL LLC(WBUS) | market | 102 | 103 | 0 | 0.0% | — | 94.9% | 3.1 bps | — | 100.0% |
| WEBULL FINANCIAL LLC(WBUS) | marketable_limit | 6 | 1 | 0 | 0.0% | — | 100.0% | 14.1 bps | — | 100.0% |
| WEDBUSH SECURITIES INC.(WEDB) | market | 2 | 20 | 0 | 0.0% | — | 100.0% | 0.0 bps | — | 100.0% |
| WEALTHFRONT BROKERAGE LLC(WLTH) | marketable_limit | 580 | 382 | 0 | 0.0% | — | 86.7% | 6.0 bps | — | 100.0% |