Retail Execution Quality Statistics

The FIF Rule 605/606 Working Group has been working on improving access to execution quality statistics for the retail community. As part of a best practices effort, FIF members have agreed to provide statistics on retail execution quality. While many quantitative and qualitative factors go into determining routing decisions, the following statistics are intended to provide some perspective on the execution quality provided to retail investors.

Please note that when evaluating this data a number of factors such as a firm’s client base, order flow mix, and business model should be taken into consideration.

The following statistics are produced on a best efforts basis and provided "as is" without warranty of any type.

To participate in this intiative or for additional information, please contact the FIF Program Office

Retail Broker Dealers

See Template for Retail Broker Dealers


Wholesale Market Makers

See Template for Wholesale Market Makers