Executive Summary

This report provides detailed information from North American-based investors regarding electronic trading trends, including helpful benchmark data such as:

  • High-touch vs. electronic mix of U.S. equity trading dollar volume
  • Concentration of U.S. algorithmic trading business
  • Process for selecting specific algorithms or execution providers
  • U.S. equity commission rates
Methodology

This report provides detailed information on cash equities markets according to North American buy-side firms regarding electronic trading trends. Research is based on in-person and telephone interviews with 206 buyside institutions in the 2018 Study. The data in this report is based upon aggregated results from individuals participating in the study.