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TDG

Rule 605 Market Center Comparison
Report Month: 202608 • Build ID: 202608-20261001T134852Z • Market Centers: 145 • Total Executed Volume: 1,995,916 shares
Listing (Nasdaq Trader)
Exchange: NYSE (N)
Round Lot: 10 shares

Market Center Execution Quality on TDG

Sorted by total executed share volume across all order classes for month 202608.

Market CenterClassCovered OrdersCovered SharesExecuted SharesShare of VolFill RatePI RateNPI (bps)Eff Spread %Speed <1s
XNYS(XNYS)marketable_limit94,7112,507,449689,88334.6%27.5%31.6%0.4 bps0.07%100.0%
ARCX(ARCX)marketable_limit68,5952,024,260274,67713.8%13.6%24.3%-0.1 bps0.08%100.0%
Cboe BZX Exchange(BATS)marketable_limit218,7077,241,463207,68310.4%2.9%17.0%-6.4 bps-0.05%83.9%
Investors Exchange(IEXG)marketable_limit41,5341,041,136161,8858.1%15.5%34.8%0.4 bps0.08%98.7%
MORGAN STANLEY & CO. LLC(MSPL)marketable_limit2,96564,55063,6403.2%98.6%37.8%1.0 bps0.09%100.0%
Cboe EDGX Exchange(EDGK)marketable_limit174,4867,004,00059,4003.0%0.8%22.8%-5.3 bps0.16%80.4%
Instinct X(MLIX)marketable_limit27,754964,36759,3903.0%6.2%55.4%0.7 bps0.11%99.2%
Virtu Americas LLC(NITE)market10,70758,43544,1912.2%75.6%89.4%4.1 bps0.03%100.0%
VIRTU AMERICAS LLC(NITQ)marketable_limit1,21372,28342,3582.1%58.6%3.4%0.0 bps0.13%100.0%
G1 Execution Services(ETMM)market3,58237,72337,7231.9%100.0%96.6%5.2 bps0.02%100.0%
Cboe BYX Exchange(BYXX)marketable_limit180,3906,347,41134,5131.7%0.5%23.9%-5.2 bps-0.07%81.9%
MORGAN STANLEY & CO. LLC(MSCO)market2,12830,75730,7571.5%100.0%84.5%3.3 bps0.07%100.0%
HRT Financial LP(HRTF)market3,31027,76826,7611.3%96.4%92.9%4.2 bps0.04%100.0%
XCIS(XCIS)marketable_limit17,283418,40325,3451.3%6.1%26.9%0.3 bps0.06%100.0%
XASE(XASE)marketable_limit6,628176,22724,3101.2%13.8%5.1%-0.0 bps0.03%100.0%
JANE STREET CAPITAL, LLC(JNST)market2,73924,90822,7101.1%91.2%93.0%4.6 bps0.04%100.0%
Cboe EDGA Exchange(EDGJ)marketable_limit113,8835,542,51020,4811.0%0.4%24.6%-7.5 bps0.16%80.4%
TWO SIGMA SECURITIES, LLC(SOHW)market1,61817,72717,7270.9%100.0%80.3%3.4 bps0.05%100.0%
INTERACTIVE BROKERS LLC(IBAT)marketable_limit1,34516,31716,0710.8%98.5%98.5%5.9 bps0.05%100.0%
VIRTU AMERICAS LLC(KCGM)marketable_limit13,843461,88713,5550.7%2.9%41.0%0.7 bps0.10%100.0%
J.P. MORGAN SECURITIES LLC(JPMX)marketable_limit9,565431,37212,8650.6%3.0%47.3%0.9 bps0.08%100.0%
JUMP EXECUTION, LLC(JSDP)marketable_limit87821,65912,5970.6%58.2%27.2%1.0 bps0.07%100.0%
VIRTU AMERICAS LLC(ITGP)marketable_limit2,519351,53612,4550.6%3.5%0.1%-0.1 bps0.12%100.0%
CITIGROUP GLOBAL MARKETS INC.(ONEC)marketable_limit8,297465,64711,8930.6%2.6%57.2%1.2 bps0.11%99.6%
HRT FINANCIAL LP(HRTS)marketable_limit50818,08411,5950.6%64.1%29.4%0.4 bps0.18%100.0%
JANE STREET CAPITAL, LLC(JSJX)marketable_limit58318,50010,9510.5%59.2%11.4%0.0 bps0.08%100.0%
XTX Execution Services LLC(XTXE)marketable_limit1,84093,9899,1380.5%9.7%85.8%6.0 bps0.06%100.0%
UBS SECURITIES, LLC(UBSS)market4845,6775,6560.3%99.6%98.3%4.5 bps0.05%100.0%
INTERACTIVE BROKERS LLC(IBBD)market04,9204,9030.2%99.6%95.9%7.4 bps0.09%49.5%
INTERACTIVE BROKERS LLC(IBBD)marketable_limit04,2554,2340.2%99.5%94.7%5.1 bps0.06%50.0%
StoneX Financial, Inc.(INTL)market5653,8783,8780.2%100.0%88.1%4.0 bps0.05%100.0%
G1 Execution Services(ETMM)marketable_limit1162,7362,7360.1%100.0%83.0%4.2 bps0.03%100.0%
SG AMERICAS SECURITIES, LLC(SGSD)marketable_limit2482,7652,4030.1%86.9%11.3%0.1 bps0.07%100.0%
HRT Financial LP(HRTF)marketable_limit4922,1251,9900.1%93.6%86.5%4.0 bps0.04%100.0%
Virtu Americas LLC(NITE)marketable_limit1,3824,6871,9370.1%41.3%89.5%3.6 bps0.05%100.0%
TLQNA(TLQNA)marketable_limit6951,644,4281,5430.1%0.1%100.0%12.0 bps0.00%100.0%
GTS SECURITIES LLC(GTSM)market4564,3211,3830.1%32.0%99.3%4.5 bps0.01%99.9%
CITIGROUP GLOBAL MARKETS INC.(SBSH)marketable_limit1616,1931,0560.1%17.1%22.2%0.8 bps0.12%100.0%
UBS SECURITIES, LLC(UBSS)marketable_limit431,0551,0510.1%99.6%50.7%0.3 bps0.11%100.0%
LATOUR TRADING LLC(XGWD)marketable_limit681,0331,0320.1%99.9%97.4%0.3 bps0.05%100.0%
VIRTU AMERICAS LLC(NITQ)market1003,4908010.0%23.0%100.0%7.4 bps0.00%100.0%
NATIONAL FINANCIAL SERVICES LLC(NFSC)market6,85231,5967170.0%2.3%98.7%5.8 bps-0.00%91.7%
NATIONAL FINANCIAL SERVICES LLC(NFSF)market3,7148157170.0%87.9%99.6%7.4 bps-0.00%100.0%
FIDELITY BROKERAGE SERVICES LLC(FIBS)market5,48722,8026930.0%3.0%98.7%5.8 bps-0.00%97.5%
INTERACTIVE BROKERS CORP.(ISDP)marketable_limit06066060.0%100.0%98.0%0.0 bps0.13%100.0%
MORGAN STANLEY & CO. LLC(MSRP)marketable_limit381,2985650.0%43.5%100.0%2.8 bps0.00%100.0%
J.P. MORGAN SECURITIES LLC(JPBD)market4133,9734040.0%10.2%96.6%4.3 bps0.00%77.4%
NATIONAL FINANCIAL SERVICES LLC(XSTM)marketable_limit454,5783970.0%8.7%5.5%0.2 bps0.12%100.0%
J.P. MORGAN SECURITIES LLC(JPDA)market423953950.0%100.0%100.0%6.5 bps-0.03%100.0%
JANE STREET CAPITAL, LLC(JNST)marketable_limit804143760.0%90.8%94.7%1.0 bps0.10%100.0%
StoneX Financial, Inc.(INTL)marketable_limit144062290.0%56.4%25.1%1.3 bps0.07%100.0%
ALPHAX US(ALPX)marketable_limit3,61794,4732190.0%0.2%81.3%2.3 bps0.06%100.0%
TWO SIGMA SECURITIES, LLC(SOHW)marketable_limit322052050.0%100.0%92.2%7.6 bps0.03%100.0%
TWO SIGMA SECURITIES, LLC(SOHS)marketable_limit422,7831900.0%6.8%0.0%0.0 bps0.23%100.0%
MORGAN STANLEY & CO. LLC(MSCO)marketable_limit31831830.0%100.0%100.0%1.8 bps0.04%100.0%
BofA Securities, Inc.(MLCO)market1832,2091760.0%8.0%99.5%6.7 bps0.02%100.0%
J.P. MORGAN SECURITIES LLC(JPBD)marketable_limit57161010.0%14.1%100.0%7.4 bps-0.01%100.0%
J.P. MORGAN SECURITIES LLC(JPDA)marketable_limit21011010.0%100.0%100.0%9.2 bps-0.01%100.0%
XTX Execution Services LLC(XTXE)market777770.0%100.0%74.0%-2.6 bps0.46%100.0%
INTERACTIVE BROKERS CORP.(IBFR)marketable_limit075730.0%96.6%25.4%1.4 bps0.15%96.2%
GTS SECURITIES LLC(GTSM)marketable_limit156833540.0%6.5%86.4%3.5 bps0.01%100.0%
ALLY INVEST SECURITIES LLC(TKNG)market1251510.0%100.0%100.0%6.0 bps0.02%27.5%
CHARLES SCHWAB & CO., INC.(CHAS)market5,08459,387420.0%0.1%88.5%4.1 bps0.06%98.9%
JANE STREET CAPITAL, LLC(JSJX)market232,964340.0%1.1%100.0%3.8 bps0.00%100.0%
JUMP EXECUTION, LLC(JSDP)market23237280.0%11.8%100.0%3.1 bps0.00%100.0%
XNYS(XNYS)market829280.0%96.6%93.1%3.9 bps0.09%100.0%
STIFEL, NICOLAUS & COMPANY, INCORPORATED(STFX)marketable_limit453180.0%34.0%0.0%0.0 bps0.14%100.0%
HRT FINANCIAL LP(HRTS)market4841790.0%2.2%100.0%5.2 bps0.00%100.0%
J.P. MORGAN SECURITIES LLC(JPMS)market385990.0%15.3%92.5%3.6 bps0.06%47.5%
FIDELITY BROKERAGE SERVICES LLC(FIBS)marketable_limit1071,48880.0%0.5%100.0%7.1 bps-0.00%100.0%
NATIONAL FINANCIAL SERVICES LLC(NFSC)marketable_limit1145,05580.0%0.2%100.0%2.2 bps-0.00%100.0%
NATIONAL FINANCIAL SERVICES LLC(NFSF)marketable_limit43980.0%88.7%100.0%6.0 bps-0.00%100.0%
DRIVEWEALTH, LLC(DWFT)marketable_limit6660.0%100.0%100.0%2.7 bps0.14%100.0%
DRIVEWEALTH, LLC(DWWT)marketable_limit115460.0%11.1%98.1%10.9 bps0.15%100.0%
Virtu Americas, LLC(VIRT)marketable_limit612950.0%3.9%4.0%0.0 bps0.22%100.0%
ARCX(ARCX)market2440.0%100.0%100.0%3.6 bps0.04%100.0%
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED(MLWM)market1,22414,84040.0%0.0%94.3%5.0 bps0.03%77.2%
CHARLES SCHWAB & CO., INC.(CHAS)marketable_limit42848,08030.0%0.0%75.2%9.7 bps0.01%20.1%
AMERIPRISE FINANCIAL SERVICES, LLC(AEFA)market5134,58520.0%0.0%98.6%9.7 bps0.02%61.0%
AMERICAN ENTERPRISE INVESTMENT SERVICES INC.(AEIS)market5220.0%100.0%100.0%3.7 bps0.02%100.0%
Cboe EDGX Exchange(EDGK)market6262220.0%0.3%100.0%245.9 bps0.17%100.0%
FUTU CLEARING INC(FUTC)market422720.0%6.1%93.8%2.2 bps0.21%100.0%
FUTU CLEARING INC(FUTF)market25220.0%75.4%0.0%0.0 bps0.21%100.0%
ROCKEFELLER FINANCIAL LLC(ROCK)market15071910.0%0.2%99.0%7.8 bps0.00%98.2%
JUMP EXECUTION, LLC(JRET)market1110.0%100.0%100.0%0.5 bps0.09%100.0%
PNC WEALTH MANAGEMENT LLC(PNCC)market104000.0%1.2%100.0%18.4 bps0.00%100.0%
FUTU CLEARING INC(FUTC)marketable_limit7700.0%2.6%97.4%3.8 bps0.71%100.0%
FUTU CLEARING INC(FUTF)marketable_limit3000.0%100.0%0.0%0.0 bps0.71%99.6%
WEALTHFRONT BROKERAGE LLC(WLTF)marketable_limit2000.0%100.0%100.0%2.1 bps0.04%100.0%
WEALTHFRONT BROKERAGE LLC(WLTH)marketable_limit2,2661,27700.0%0.0%80.9%3.6 bps0.07%100.0%
ALTRUIST FINANCIAL LLC(ALTR)market29459700.0%—96.5%2.4 bps—100.0%
APEX CLEARING CORPORATION(APCC)market3,7265,16600.0%—93.6%4.4 bps—99.9%
APEX CLEARING CORPORATION(APCC)marketable_limit28276300.0%—90.2%3.2 bps—100.0%
&PARTNERS(APRT)market4922500.0%—100.0%6.6 bps—100.0%
AVENUE SECURITIES LLC(AVNU)market91300.0%—100.0%2.7 bps—100.0%
ROBERT W. BAIRD & CO. INCORPORATED(BARD)market861,00100.0%—83.2%3.2 bps—89.8%
Cboe BZX Exchange(BATS)market72337,83000.0%—————
CITIGROUP GLOBAL MARKETS INC.(CGWM)market1047200.0%—100.0%4.2 bps—100.0%
COINBASE CAPITAL MARKETS CORP(CNBS)market7600.0%—100.0%2.7 bps—100.0%
CODA MARKETS, INC.(CODX)marketable_limit1419100.0%—32.4%0.1 bps—100.0%
ROBINHOOD FINANCIAL, LLC(CRFN)market9,1002,29100.0%—89.2%5.2 bps—100.0%
ROBINHOOD FINANCIAL, LLC(CRFN)marketable_limit72300.0%—100.0%4.6 bps—100.0%
DAVIDSON (D.A.) & CO. INC.(DADA)market3825400.0%—100.0%1.4 bps—100.0%
RBC CAPITAL MARKETS, LLC(DAIN)market1991,32800.0%—91.7%3.5 bps—100.0%
RBC CAPITAL MARKETS, LLC(DAIN)marketable_limit11000.0%—100.0%3.1 bps—100.0%
Cboe EDGA Exchange(EDGJ)market44000.0%—————
Edward Jones(EDJO)market5713,96700.0%—82.5%2.9 bps—99.7%
ETORO USA SECURITIES INC.(ETOR)market4000.0%—100.0%3.2 bps—100.0%
FORIS CAPITAL US LLC(FORS)market5300.0%—100.0%2.0 bps—100.0%
FIFTH THIRD SECURITIES, INC.(FTSR)market2300.0%—100.0%3.2 bps—100.0%
MOOMOO FINANCIAL INC.(FUTM)market3500.0%—100.0%4.0 bps—100.0%
MOOMOO FINANCIAL INC.(FUTM)marketable_limit1200.0%—100.0%2.7 bps—100.0%
ROBINHOOD SECURITIES, LLC(HOOD)market9,2042,40900.0%—89.1%5.6 bps—100.0%
ROBINHOOD SECURITIES, LLC(HOOD)marketable_limit72300.0%—100.0%4.6 bps—100.0%
AMERICAN ENTERPRISE INVESTMENT SERVICES INC.(HRBF)market5084,54800.0%—98.6%9.7 bps—60.7%
JANNEY MONTGOMERY SCOTT LLC(JANY)market12157000.0%—93.7%2.6 bps—100.0%
AXOS CLEARING LLC(LGNT)market21600.0%—100.0%11.8 bps—100.0%
U.S. BANCORP ADVISORS, LLC(MKTI)market63400.0%—100.0%4.2 bps—100.0%
BofA Securities, Inc.(MLCO)marketable_limit93100.0%—100.0%1.1 bps—100.0%
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED(MLWM)marketable_limit125200.0%—100.0%1.3 bps—66.7%
BETTERMENT SECURITIES(MTGO)marketable_limit6600.0%—50.0%2.8 bps—33.3%
NAVY FEDERAL INVESTMENT SERVICES, LLC(NFBS)market192800.0%—100.0%3.4 bps—100.0%
NOMAD INVESTMENT SERVICES(NOMA)market161200.0%—100.0%3.7 bps—100.0%
NYLIFE SECURITIES LLC(NYLS)market41000.0%—100.0%7.8 bps—100.0%
OPPENHEIMER & CO. INC.(OPCO)market2612700.0%—98.4%1.0 bps—92.1%
UBS FINANCIAL SERVICES INC.(PWJC)market2,27036,58500.0%—75.2%-3.0 bps—64.5%
STIFEL, NICOLAUS & COMPANY, INCORPORATED(SFBD)market24890700.0%—97.6%4.6 bps—100.0%
STIFEL, NICOLAUS & COMPANY, INCORPORATED(SFBD)marketable_limit39174,85200.0%—————
STIFEL, NICOLAUS & COMPANY, INCORPORATED(SFMM)market12346100.0%—96.1%5.2 bps—100.0%
STIFEL, NICOLAUS & COMPANY, INCORPORATED(SFMM)marketable_limit1277,57000.0%—————
SOFI SECURITIES LLC(SOFI)market151900.0%—89.5%3.3 bps—100.0%
STASH CAPITAL LLC(STSH)market11411400.0%—82.5%3.5 bps—95.6%
HILLTOP SECURITIES INC.(SWST)market68700.0%—100.0%1.3 bps—69.0%
TRADE-PMR INC.(TPMR)market1810800.0%—100.0%7.0 bps—100.0%
TRADE-PMR INC.(TPMR)marketable_limit125200.0%—0.0%-9.4 bps—100.0%
CASH APP INVESTING LLC(TPTG)market30218600.0%—99.9%2.9 bps—100.0%
OPEN TO THE PUBLIC INVESTING, INC.(TTSI)market1,7542,36500.0%—94.4%6.4 bps—100.0%
OPEN TO THE PUBLIC INVESTING, INC.(TTSI)marketable_limit2200.0%—100.0%20.6 bps—100.0%
TASTYTRADE, INC.(TWTT)marketable_limit1100.0%—100.0%0.0 bps—100.0%
VANGUARD MARKETING CORPORATION(VGRD)market1871,87000.0%—77.6%5.6 bps—100.0%
VANGUARD MARKETING CORPORATION(VGRD)marketable_limit75700.0%—64.9%3.3 bps—100.0%
Wedbush Securities, Inc.(WBSI)marketable_limit1200.0%—0.0%0.0 bps—100.0%
WEBULL FINANCIAL LLC(WBUS)market31920900.0%—86.0%4.8 bps—99.9%
WEBULL FINANCIAL LLC(WBUS)marketable_limit231700.0%—97.5%2.0 bps—100.0%
WEDBUSH SECURITIES INC.(WEDB)market84100.0%—100.0%1.9 bps—100.0%