Execution Quality Monthly Reports

The Bats Exchanges 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_201703.xlsx Mar 2017
execution_quality_201702.xlsx Feb 2017
execution_quality_201701.xlsx Jan 2017

CSV Format

File Name Date
execution_quality_201703.csv Mar 2017
execution_quality_201702.csv Feb 2017
execution_quality_201701.csv Jan 2017