Execution Quality in the NYSE Market
Abstract
An extensive study from Celent compares and ranks execution venues for NYSE stocks.
In a study that analyzes data for over 3 billion orders and over 200 billion shares, Celent compares and ranks the leading market centers. In terms of prices achieved for incoming orders, Van der Moolen was ranked first among NYSE specialists, while E*Trade ranked highest among major market makers.
Price Rank | NYSE Specialist |
1 | Van der Moolen |
2 | La Branche |
3 | PSG |
Source: Celent analysis |
Price Rank | Major Market Maker |
1 | E*Trade |
2 | Citadel Derivatives |
3 | Automated Trading Desk |
Source: Celent analysis |
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