Trade Quality & Execution
Scottrade takes great pride in seeking best execution for its clients’ equity and option orders, and we recognize the importance of delivering quick and efficient executions. That’s why we thoroughly review key execution metrics including price improvement percentage, execution price and execution speed on a daily basis.
We maintain a healthy dialogue with our market centers, blending concise analysis with effective communication in an effort to drive competition that benefits our clients in the form of more competitive execution prices versus the National Best Bid/Offer (NBBO). This focus on driving competition for both equity and option trades yields millions of dollars in price improvement each year – real savings that are passed on to our clients. Learn more about Scottrade’s performance in key execution quality metrics and our tools for monitoring execution quality below.
Learn more about the market centers to which Scottrade routes its order flow: