Execution Quality Monthly Reports

The BATS Exchanges (BZX Exchange and BYX Exchange) make the following market quality information publicly available to demonstrate the impact of BATS’ significant undisplayed liquidity, including true midpoint orders, on the economics of trading.

All calculated metrics are based on trades and quotes received from the Consolidated Tape during normal trading hours. Internal or external issues that result in dropped messages could affect the results of these reports. Please note that Excel Formatted files have multiple tabs.

Excel Format

File Name Date
execution_quality_201403.xlsx Mar 2014
execution_quality_201402.xlsx Feb 2014
execution_quality_201401.xlsx Jan 2014

CSV Format

File Name Date
execution_quality_201403.csv Mar 2014
execution_quality_201402.csv Feb 2014
execution_quality_201401.csv Jan 2014

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