| Table V-17: Fill Rates for Limit Orders for Each Exchange |
|
| (Number of Orders Filled / Total Orders Submitted) |
| | | | | | | | |
| | | | | | | | |
| | | | | | | | |
| Limit Order Type | | NYSE | BSE | BSE | CHX | CSE | PHLX | PSE |
| | | CSI Stocks | Non-CSI Stocks | | | | |
| Marketable | | | | | | | | |
| | | | | | | | |
| 1/8 Spread | | 91.1% | 95.7% | 96.8% | 98.5% | 98.8% | 96.5% | 98.9% |
| 1/4 Spread | | 89.0% | 95.9% | 97.8% | 97.0% | 97.5% | 93.8% | 97.9% |
| Both | | 90.9% | 95.7% | 96.9% | 98.3% | 98.7% | 96.2% | 98.8% |
| | | | | | | | |
| Partial Fill % | | 3.1 | 3.0 | 2.3 | 0.2 | 0.0 | 0.2 | 0.2 |
| Complete & Partial Fill % | | 94.0 | 98.7 | 99.2 | 98.5 | 98.7 | 96.4 | 99.0 |
| | | | | | | | |
| | | | | | | | |
| Quote Improving | | | | | | | | |
| | | | | | | | |
| 1/8 Spread | | -- | -- | -- | -- | -- | -- | -- |
| 1/4 Spread | | 74.0% | 92.1% | 84.4% | 82.5% | 94.7% | 82.6% | 84.8% |
| Both | | 74.0% | 92.1% | 84.4% | 82.5% | 94.7% | 82.6% | 84.8% |
| | | | | | | | |
| Partial Fill % | | 5.1 | 1.1 | 2.5 | 0.7 | 0.6 | 1.1 | 0.7 |
| Complete & Partial Fill % | | 79.0 | 93.1 | 86.9 | 83.2 | 95.3 | 83.7 | 85.5 |
| | | | | | | | |
| | | | | | | | |
| At-the Quote | | | | | | | | |
| | | | | | | | |
| 1/8 Spread | | 48.6% | 76.7% | 60.1% | 60.9% | 77.8% | 67.3% | 65.8% |
| 1/4 Spread | | 33.0% | 73.3% | 54.6% | 44.7% | 64.7% | 49.3% | 49.8% |
| Both | | 45.5% | 76.2% | 58.7% | 58.7% | 76.8% | 65.3% | 63.9% |
| | | | | | | | |
| Partial Fill % | | 3.1 | 6.3 | 5.1 | 2.9 | 1.8 | 1.1 | 2.4 |
| Complete & Partial Fill % | | 48.6 | 82.5 | 63.8 | 61.6 | 85.4 | 66.4 | 66.3 |
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| Cancellations may affect the fill rates. | | | | | | | | |
