Table V-10B

Average Dollar Per Trade Net Price Improvement in 1/4 Point Markets by Exchange and Order Size for Market and Marketable Limit Orders in NYSE-Listed Issues

Table V-10B: Average Dollar Per Trade Net Price Improvement in 1/4 Point Markets
by Exchange and Order Size for Market and Marketable Limit Orders in
NYSE-Listed Issues
Dollars Per Trade
Order SizeOrder TypeNYSEBSECHXCSEPHLXPSE
100 SharesMarket Orders8.125.985.608.603.754.78
Marketable Limits6.255.03-0.016.821.892.89
Both7.985.725.278.513.654.67
101-200 SharesMarket Orders11.949.9111.0514.496.318.16
Marketable Limits9.207.330.1510.594.693.80
Both11.739.6710.1914.276.227.88
201-300 SharesMarket Orders18.4414.8313.3321.419.3911.33
Marketable Limits12.7812.100.1123.306.336.57
Both17.9414.5412.1721.519.1910.97
301-400 SharesMarket Orders24.3120.0118.7129.5713.5315.39
Marketable Limits15.1317.400.0022.175.569.10
Both23.3519.7216.9629.0912.8114.50
401-500 SharesMarket Orders27.2325.9824.5134.5613.3918.55
Marketable Limits16.0615.72-0.9123.716.2711.20
Both25.1624.5621.1833.6412.5817.77
501-1,000 SharesMarket Orders41.6434.3233.3448.6523.2927.19
Marketable Limits29.0025.380.1042.7716.7515.14
Both38.8932.7328.1047.9422.4225.73
1,001-5,000 SharesMarket Orders73.65142.08106.6187.9134.7526.19
Marketable Limits52.3148.37-5.6271.7743.7726.69
Both66.7949.4389.6285.1736.3226.29
5,001 or More SharesMarket Orders107.25154.20648.2617.3476.8156.44
Marketable Limits123.0177.250.00-230.76750.007.81
Both115.18121.80617.75-29.40144.1332.50
All OrdersMarket Orders28.4029.3718.3023.199.8312.18
Marketable Limits36.4821.44-0.5324.2610.8710.28
Both29.7319.6116.6323.279.9112.01


Last modified: 1/24/2001