Table V-19Average Time from Order Entry to Execution for Limit Orders Entered on Each Exchange | Table V-19: Average Time from Order Entry to Execution for Limit Orders | | Entered on Each Exchange | | | | | | | | | | | | | | | | | | | | | | | | | In Minutes | | | | | | | | | | | | | | | Limit Order Types | | NYSE | BSE | BSE | CHX | CSE | PHLX | PSE | | | | CSI Stocks | Non-CSI Stocks | | | | | | Marketable | | | | | | | | | | 1/8 Spread | | 2 | 1 | 1 | 5 | 1 | 1 | 1 | | 1/4 Spread | | 3 | 1 | 2 | 7 | 1 | 3 | 3 | | Number of Orders | | 214,457 | 10,841 | 4,457 | 34,931 | 19,514 | 16,117 | 27,726 | | | | | | | | | | | Quote Improving | | | | | | | | | | 1/8 Spread | | -- | -- | -- | -- | -- | -- | -- | | 1/4 Spread | | 8 | 3 | 14 | 21 | 4 | 19 | 12 | | Number of Orders | | 117,890 | 1,711 | 523 | 2,185 | 2,333 | 3,636 | 4,752 | | | | | | | | | | | At-the Quote | | | | | | | | | | 1/8 Spread | | 20 | 18 | 39 | 45 | 22 | 34 | 36 | | 1/4 Spread | | 24 | 33 | 54 | 59 | 26 | 60 | 48 | | Number of Orders | | 254,200 | 4,337 | 3,012 | 5,674 | 13,385 | 13,203 | 15,710 | | | | | | | | | | | For orders executed in more than one piece, the time of the last trade was used. | | | | | | | | |
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