Chart 1: Average Number of Algorithms, Brokers and Placements per Order by Order Size
Chart 2: Percent of Total Orders by Order Size
Two full years of US algorithmic transactions were included in the analysis, from Q1 2014 through Q4 2015. A subset of clients, all of whom trade with multiple brokers, were included. Trades were grouped into order by trade date, side and security.
Refer to ITG Peer Analytics for information on available ITG Peer Group Database based analytics.