OpenChainGraph Suite · ART-541 · Exchange & Market Assurance
Best-Execution NBBO Recompute
Recomputes, per supplied fill, price improvement in basis points against the NBBO at execution time, and whether each fill cleared at-or-better than the NBBO. Aggregates the at-or-better rate and average price improvement over a bounded fill set (capped at 5,000 fills). The receipt attests our computation over the fills supplied, not an audit of those fills or a determination of regulatory compliance.
Reg NMS (17 CFR 242)FINRA Rule 5310
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