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| Boston, MA, USA Execution
Quality in the
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| Executive Summary | 03 | |
| Background | 05 | |
| Methodology | 05 | |
| Data Used in Report | 05 | |
| Caveats About Data | 05 | |
| Measuring Execution Quality | 07 | |
| Speed | 07 | |
| Price | 07 | |
| Overview of Market Data | 09 | |
| Summary Statistics | 09 | |
| Speed | 14 | |
| Price | 21 | |
| Ranking by Type of Market Center | 28 | |
| Major Electronic Order Book Systems | 28 | |
| Major Market Makers | 28 | |
| Comparison and Ranking | 30 | |
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