لاگت کا حساب کیسے لگایا جاتا ہے
جانیے کون سے بروکرز آپ کے مطلوبہ شیئر یا ETF میں ٹریڈنگ کی سہولت دیتے ہیں اور خرید و فروخت کی کل لاگت کا موازنہ کریں۔
حساب کی تفصیل
On a US listing the book starts from Rule 605: the effective spread a retail order of 100 to 499 shares paid, price improvement included, in dollars per share. Nasdaq, NYSE, NYSE Arca, NYSE American and Cboe BZX share that figure. Rule 606 then scales it by where that broker-dealer sends held market and marketable-limit orders (book = S × Q).
Q
=
Σt
wt
×
meann
St,nSn
book
=
S
×
Q
- Sn
- Rule 605 effective spread (n).
- St,n
- Effective spread at wholesaler t.
- wt
- Rule 606 routing weight (t).
An exchange, an ATS or an unnamed venue uses the ratio of the reconstructed quoted spread divided by the blended effective spread.
Outside the US the book is measured from the two-sided bid and ask in basis points (bp), normalized to the average session hour.
bp
=
ask − bidmid
× 10,000
book
=
amount × bp / 10,000
ہر ایکسچینج پر $1,000 کی خرید و فروخت کے لیے بروکر فیس۔
اسٹاک ایکسچینجز
-
سیکیورٹیز
-
US (Rule 605 / 606)
Rule 605 ($ / share)
-
امریکی آرڈر راؤٹنگ (Rule 606)
book = S × Q
-
امریکی بروکر ڈیلر
Rule 606
Ally, Alpaca, Canaccord, Cash App, ChoiceTrade, Cobra, Firstrade, Robinhood, Siebert, SoFi, SogoTrade, T. Rowe Price, TradeUP, TradeZero, Tradier
-
بروکر
book = S × Q
-
-
کوئی نہیں (اعلان کردہ NBBO)
کوئی امریکی بروکر ڈیلر نامزد نہیں ہے؛ امریکی شیئرز کا حساب اعلان کردہ NBBO پر لگایا جاتا ہے۔
-
-
اسٹاک ایکسچینجز
book = amount × bp / 10,000
-
ایکسچینج
book = amount × bp / 10,000
-
OTC / TIB
Trade Republic (TIB), Quantfury
-
-
Q عنصر
| بروکر | Q | امریکی آرڈر راؤٹنگ (Rule 606) |
|---|---|---|
| Tradier | 0.837 | Citadel 22% · Virtu 20% · GTS 20% · Jane Street 18% · Hudson River 18% · G1 2% · Instinet 0% |
| TradeStation Securities | 0.838 | G1 35% · Hudson River 20% · Virtu 19% · Two Sigma 10% · Jane Street 9% · Citadel 4% · exchanges and ATS 2% · UBS 1% |
| Tastytrade Inc | 0.889 | Citadel 42% · Hudson River 31% · G1 19% · Virtu 8% · Jane Street 1% |
| Morgan Stanley Smith Barney LLC | 0.896 | Morgan Stanley & Co. 29% · Citadel 24% · G1 17% · Hudson River 10% · Virtu 10% · Jane Street 6% · Two Sigma 3% · GTS 1% · exchanges and ATS 0% |
| Robinhood | 0.945 | Virtu 34% · Citadel 23% · Jane Street 17% · G1 11% · Hudson River 10% · Two Sigma 5% |
| SoFi | 0.979 | Citadel 20% · Virtu 19% · GTS 18% · Jane Street 17% · Hudson River 16% · G1 6% · exchanges and ATS 5% |
| Charles Schwab & Co., Inc. | 0.998 | Citadel 42% · Virtu 23% · Hudson River 11% · G1 10% · Jane Street 9% · Two Sigma 5% |
| Alpaca | 1.005 | Citadel 41% · Jane Street 29% · Virtu 22% · GTS 7% |
| Wealthfront Brokerage LLC | 1.010 | Citadel 45% · Virtu 33% · Hudson River 12% · GTS 10% |
| Citigroup Global Markets Inc. | 1.025 | Citadel 25% · Jane Street 19% · G1 19% · Virtu 13% · Hudson River 11% · Two Sigma 6% · UBS 4% · exchanges and ATS 4% |
| Cash App | 1.028 | Virtu 100% · Citadel 0% · Jane Street 0% · Hudson River 0% |
| Jefferies LLC | 1.028 | Virtu 100% |
| GTN Americas Financial Services, Inc. | 1.035 | Citadel 40% · Jane Street 37% · Two Sigma 23% |
| Digital Brokerage Services LLC | 1.035 | Virtu 31% · Citadel 27% · Hudson River 22% · Two Sigma 20% · exchanges and ATS 1% |
| U.S. Bancorp Advisors, LLC | 1.036 | Citadel 29% · Virtu 22% · G1 22% · Jane Street 14% · Hudson River 7% · exchanges and ATS 4% · Two Sigma 2% · UBS 0% |
| First Citizens Investor Services, Inc. | 1.072 | Citadel 26% · Jane Street 18% · G1 15% · Hudson River 12% · Virtu 12% · UBS 6% · Two Sigma 6% · exchanges and ATS 5% · GTS 0% |
| Pershing LLC | 1.074 | Citadel 24% · Jane Street 19% · G1 15% · Hudson River 12% · Virtu 11% · UBS 7% · Two Sigma 6% · exchanges and ATS 5% · GTS 1% |
| Stifel, Nicolaus & Company, Incorporated | 1.074 | Virtu 30% · Jane Street 28% · GTS 19% · Citadel 17% · exchanges and ATS 6% |
| Futu Clearing Inc. | 1.093 | Citadel 63% · Jane Street 27% · Virtu 10% |
| Empower Financial Services, Inc. | 1.096 | Citadel 24% · Jane Street 19% · G1 18% · Virtu 12% · Hudson River 10% · exchanges and ATS 6% · Two Sigma 6% · UBS 5% · GTS 0% |
| Deutsche Bank Securities Inc. | 1.100 | Citadel 22% · Jane Street 18% · G1 16% · Virtu 12% · Hudson River 12% · Two Sigma 6% · UBS 6% · exchanges and ATS 6% · GTS 1% |
| Vision Financial Markets LLC | 1.101 | Two Sigma 49% · Citadel 44% · Hudson River 7% |
| BOK Financial Securities, Inc. | 1.105 | Citadel 26% · Jane Street 18% · G1 16% · Virtu 13% · Hudson River 10% · exchanges and ATS 6% · UBS 6% · Two Sigma 5% · GTS 0% |
| Robert W. Baird & Co. Incorporated | 1.111 | Citadel 48% · Two Sigma 19% · Virtu 14% · Jane Street 13% · G1 4% · exchanges and ATS 1% |
| Ally | 1.119 | Citadel 26% · Virtu 25% · G1 24% · Two Sigma 20% · exchanges and ATS 5% |
| BTG Pactual US Capital, LLC | 1.138 | Citadel 25% · Jane Street 17% · G1 17% · Virtu 12% · Hudson River 11% · exchanges and ATS 7% · Two Sigma 5% · UBS 5% · GTS 1% |
| ViewTrade Securities, Inc. | 1.140 | Citadel 52% · Two Sigma 25% · Virtu 24% |
| RBC Capital Markets, LLC | 1.141 | Citadel 20% · Jane Street 17% · Virtu 13% · Hudson River 12% · Two Sigma 10% · G1 10% · UBS 9% · exchanges and ATS 7% · GTS 2% |
| RBC Capital Markets, LLC | 1.143 | Virtu 33% · UBS 31% · Citadel 24% · GTS 10% · exchanges and ATS 2% |
| Firstrade | 1.150 | Citadel 62% · Virtu 38% |
| Axos Invest LLC | 1.152 | UBS 51% · Two Sigma 49% |
| LPL Financial LLC | 1.155 | Citadel 30% · Jane Street 24% · Virtu 18% · G1 8% · GTS 6% · exchanges and ATS 6% · UBS 6% · Two Sigma 3% |
| T. Rowe Price | 1.157 | Citadel 24% · Jane Street 18% · G1 17% · Virtu 12% · Hudson River 10% · exchanges and ATS 8% · Two Sigma 6% · UBS 5% · GTS 0% |
| TradeZero | 1.169 | Virtu 44% · Citadel 36% · Two Sigma 18% · exchanges and ATS 2% |
| Webull Financial LLC | 1.178 | Citadel 45% · Virtu 23% · Jane Street 18% · Hudson River 10% · exchanges and ATS 5% |
| American Enterprise Investment Services Inc. | 1.180 | Citadel 30% · G1 18% · Virtu 14% · Jane Street 14% · UBS 14% · exchanges and ATS 6% · Two Sigma 5% |
| American Century Investment Services, Inc. | 1.182 | Citadel 23% · Jane Street 18% · G1 17% · Virtu 11% · Hudson River 10% · exchanges and ATS 9% · Two Sigma 6% · UBS 5% · GTS 0% |
| StoneX Financial Inc. | 1.187 | Citadel 90% · Jane Street 10% |
| TIAA-CREF Individual & Institutional Services, LLC | 1.203 | Citadel 23% · Jane Street 17% · G1 17% · Virtu 11% · Hudson River 10% · exchanges and ATS 9% · Two Sigma 6% · UBS 5% · GTS 0% |
| Paulson Investment Company LLC | 1.227 | Citadel 100% |
| Regal Securities, Inc. | 1.227 | Citadel 100% |
| TradeUP | 1.245 | Citadel 77% · Jane Street 15% · Virtu 4% · exchanges and ATS 3% |
| iFAST Securities US Corporation | 1.247 | Virtu 93% · exchanges and ATS 7% |
| XP Investments US, LLC | 1.252 | Citadel 99% · exchanges and ATS 1% |
| J.P. Morgan Securities LLC | 1.276 | G1 36% · Virtu 21% · exchanges and ATS 16% · GTS 13% · Citadel 10% · Jane Street 5% |
| RQD* Clearing, LLC | 1.308 | Citadel 60% · Two Sigma 13% · Jane Street 11% · Virtu 10% · exchanges and ATS 6% |
| Siebert | 1.336 | Siebert 29% · Virtu 27% · Jane Street 17% · Citadel 17% · UBS 10% |
| Intesa Sanpaolo IMI Securities Corp. | 1.353 | Virtu 46% · Citadel 46% · exchanges and ATS 8% |
| SogoTrade | 1.420 | Citadel 93% · exchanges and ATS 7% |
| National Financial Services LLC | 1.504 | Citadel 24% · exchanges and ATS 19% · Virtu 19% · G1 18% · Jane Street 12% · Hudson River 6% · Two Sigma 1% · UBS 0% |
| Lightspeed Financial Services Group LLC | 1.554 | exchanges and ATS 22% · Virtu 18% · Citadel 16% · Hudson River 15% · GTS 13% · Jane Street 13% · G1 2% · UBS 1% · Instinet 1% · Coda 0% |
| Truist Investment Services, Inc. | 1.650 | exchanges and ATS 24% · Citadel 23% · Virtu 18% · G1 17% · Jane Street 11% · Hudson River 6% · Two Sigma 1% · UBS 0% |
| MCAP LLC | 1.671 | Two Sigma 79% · exchanges and ATS 21% |
| Apex Clearing Corporation | 1.686 | Virtu 48% · exchanges and ATS 22% · Citadel 21% · Jane Street 7% · Hudson River 2% |
| Wedbush Securities Inc. | 1.757 | Citadel 71% · exchanges and ATS 20% · Virtu 9% |
| UMB Financial Services, Inc. | 1.826 | exchanges and ATS 30% · Citadel 21% · G1 16% · Virtu 15% · Jane Street 11% · Hudson River 6% · UBS 1% · Two Sigma 1% · GTS 0% |
| Fidelity Brokerage Services LLC | 1.866 | exchanges and ATS 31% · Citadel 21% · Virtu 17% · G1 15% · Jane Street 10% · Hudson River 5% · Two Sigma 0% |
| Cantor Fitzgerald & Co. | 2.030 | exchanges and ATS 39% · Hudson River 37% · Virtu 23% · Two Sigma 1% |
| Lime Trading Corp | 2.047 | Virtu 31% · exchanges and ATS 31% · Citadel 21% · Siebert 9% · Jane Street 6% · Hudson River 2% |
| Canaccord | 2.403 | Citadel 58% · exchanges and ATS 42% |
| Cobra | 2.500 | Siebert 41% · Instinet 29% · exchanges and ATS 16% · Virtu 11% · Coda 3% |
| DriveWealth, LLC | 2.802 | DWWT 100% |
| Interactive Brokers LLC | 3.076 | IBKR ATS 42% · exchanges and ATS 39% · IBKR Corp 12% · Citadel 3% · Hudson River 3% · Jane Street 1% |
| HSBC Securities (USA) Inc. | 3.122 | exchanges and ATS 68% · UBS 32% |
| UBS Securities LLC | 3.152 | exchanges and ATS 69% · UBS 31% |
| Wells Fargo Clearing Services, LLC | 3.468 | exchanges and ATS 82% · Citadel 12% · Virtu 3% · Jane Street 1% · UBS 1% · G1 1% · Two Sigma 1% · GTS 0% |
| Merrill Lynch, Pierce, Fenner & Smith | 3.511 | exchanges and ATS 84% · Virtu 4% · Citadel 4% · Jane Street 3% · Two Sigma 2% · G1 2% · UBS 1% |
| ChoiceTrade | 3.880 | exchanges and ATS 92% · Citadel 4% · Coda 4% |
| Tickrs Clearing | 3.970 | exchanges and ATS 69% · Coda 31% |
| Goldman Sachs & Co. LLC | 4.001 | exchanges and ATS 100% |
| Velox Clearing, LLC | 4.001 | exchanges and ATS 100% |
| BNP Paribas Securities Corp. | — | no market-order mix |
| BofA Securities, Inc. | — | no market-order mix |
| Clear Street | — | no market-order mix |
| Instinet, LLC | — | no market-order mix |
| Morgan Stanley & Co. LLC | — | no market-order mix |
| Nomura Securities International, Inc. | — | no market-order mix |
| Velocity Clearing, LLC | — | no market-order mix |
| Vested | — | no market-order mix |
| Wolverine Execution Services, LLC | — | no market-order mix |