Table V-2Number and Distribution of Market and Limit Order Executions by Order Size for Each Exchange | Table V-2: Number and Distribution of Market and Limit Order Executions by Order Size for Each Exchange | | | | | | | | | | | | | | | | | Number of Trades in Sample | Distribution of Trades by Exchange | | Order Size | | NYSE | BSE | CHX | CSE | PHLX | PSE | NYSE | BSE | CHX | CSE | PHLX | PSE | | | | | | | | | | | | | | | | 500 Shares or Less | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Market Orders | | 291,148 | 60,421 | 168,700 | 122,718 | 90,656 | 174,579 | 51.8% | 74.9% | 77.5% | 80.3% | 80.7% | 77.9% | | Marketable Limits | | 77,359 | 8,785 | 23,922 | 13,202 | 10,028 | 21,438 | 13.8% | 10.9% | 11.0% | 8.6% | 8.9% | 9.6% | | Other Limits | | 193,792 | 11,473 | 25,043 | 16,908 | 11,660 | 28,058 | 34.5% | 14.2% | 11.5% | 11.1% | 10.4% | 12.5% | | Total | | 562,299 | 80,679 | 217,665 | 152,827 | 112,344 | 224,075 | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 501 - 1,000 Shares | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Market Orders | | 73,668 | 10,009 | 21,171 | 16,572 | 11,113 | 28,079 | 29.9% | 59.0% | 62.2% | 58.9% | 66.3% | 60.7% | | Marketable Limits | | 52,596 | 3,372 | 6,813 | 4,201 | 2,913 | 7,163 | 21.3% | 19.9% | 20.0% | 14.9% | 17.4% | 15.5% | | Other Limits | | 120,527 | 3,587 | 6,063 | 7,339 | 2,738 | 11,000 | 48.8% | 21.1% | 17.8% | 26.1% | 16.3% | 23.8% | | Total | | 246,791 | 16,968 | 34,047 | 28,112 | 16,764 | 46,242 | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,001 Shares or More | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Market Orders | | 77,977 | 11,473 | 10,646 | 8,087 | 4,166 | 13,187 | 16.2% | 57.8% | 63.9% | 47.0% | 57.6% | 48.1% | | Marketable Limits | | 127,953 | 4,169 | 3,632 | 3,274 | 1,845 | 6,355 | 26.5% | 21.0% | 21.8% | 19.0% | 25.5% | 23.2% | | Other Limits | | 276,422 | 4,192 | 2,382 | 5,860 | 1,223 | 7,848 | 57.3% | 21.1% | 14.3% | 34.0% | 16.9% | 28.7% | | Total | | 482,352 | 19,834 | 16,660 | 17,221 | 7,234 | 27,390 | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | All Orders | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Market Orders | | 442,793 | 78,835 | 200,517 | 147,337 | 105,935 | 215,845 | 34.3% | 68.9% | 74.7% | 74.4% | 77.7% | 72.5% | | Marketable Limits | | 257,908 | 15,744 | 34,367 | 20,676 | 14,786 | 34,956 | 20.0% | 13.8% | 12.8% | 10.4% | 10.8% | 11.7% | | Other Limits | | 590,741 | 19,834 | 33,488 | 30,107 | 15,621 | 46,906 | 45.7% | 17.3% | 12.5% | 15.2% | 11.5% | 15.8% | | Total | | 1,291,442 | 114,413 | 268,372 | 198,160 | 136,342 | 297,707 | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | | | | | | | | | | | | | | |
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