|Total Number of Orders||Total Traded Value||Average Trade Size||Net Expense as a
Percent of Trade Value
|8.81 million||$206.4 billion||$23,423*||0.028%|
* Calculated as: Total Traded Value/Total Number of Orders ($206.358 billion/8.81 million)
Our results are even more impressive when you consider that other industry-touted statistics don't give you the whole picture. They only discuss the percentage of orders that saw price improvement, and conveniently ignore the percentage of their orders that were dis-improved or had no improvement. In contrast, our statistics are netted, showing the true bottom-line price improvement including all improved, dis-improved and unimproved amounts.