Orders and Execution Statistics

Assume greater control of your trading, and achieve an optimal balance between fill ratio and price level through our fully customised orders.

To learn more about how Saxo executes orders on behalf of its clients, please refer to our Best Execution Policy.

As a way to demonstrate its commitment to increased transparency and delivery of fair outcomes to clients, Saxo Group has taken the initiative to publish its FX order execution statistics to help clients evaluate execution quality when considering their best choice of trading provider. 

We are proud that these statistics illustrate that Saxo Group's interests are aligned with our clients in providing quality execution with significant price improvement and no asymmetric slippage.

The tables below show the following execution statistics published on a monthly basis, for Saxo Group's most traded FX spot currency pairs:

  • Limit IOC Order Statistics
  • Limit IOC Order Average Improvement, by price tolerance setting
  • Limit IOC Order Fill Rate, by price tolerance setting
  • Limit IOC Order Execution Speed
  • Market Order Statistics
  • Market Order Execution Speed
  • Resting Stop Order Statistics
  • Resting Limit Order Statistics

Limit IOC Order Statistics

Currency PairPositive Slippage*Zero Slippage*Negative Slippage*Average Net Slippage (PIPS)*Average Improvement (PIPS)**Average Tolerance (PIPS)Fill Rate***
AUDUSD13.3%75.5%11.3%0.01.01.099.2%
EURGBP14.7%69.4%15.9%0.01.61.699.4%
EURJPY23.4%54.3%22.3%0.01.91.999.4%
EURUSD17.6%65.0%17.4%0.01.61.699.7%
GBPJPY22.9%57.6%19.5%0.02.22.299.1%
GBPUSD19.2%62.6%18.1%0.02.22.199.1%
NZDUSD13.6%75.6%10.8%0.00.90.899.6%
USDCAD13.8%72.6%13.6%0.02.02.099.6%
USDCHF9.7%80.1%10.2%0.01.31.399.7%
USDJPY13.5%75.1%11.4%0.02.32.399.8%
XAGUSD12.4%79.1%8.6%1.115.514.493.9%
XAUUSD24.9%51.7%23.4%0.114.113.999.3%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement 
** Calculated from the Limit IOC order level
*** On Limit IOC orders with default price tolerance of 0.01% and above

 

Limit IOC Order Average Improvement *, by price tolerance setting

Currency Pair0.0 PIPS*0.1 – 0.2 PIPS*0.3 – 0.6 PIPS*0.7 – 1.0 PIPS*> 1.1 pips*
AUDUSD0.00.30.715.4
EURGBP0.00.928.9
EURJPY0.11.01.9
EURUSD0.10.20.61.01.7
GBPJPY0.11.02.2
GBPUSD0.10.20.51.02.3
NZDUSD0.00.60.77.6
USDCAD0.10.31.02.0
USDCHF0.00.51.073.9
USDJPY0.00.20.31.02.6
 0.0 PIPS*1 – 10 PIPS*11 – 25 PIPS*25– 50 PIPS*> 51 PIPS*
XAGUSD1.61.615.241.0113.7
 0.0 PIPS*1 – 10 PIPS*11 – 20 PIPS*21– 30 PIPS*> 31 PIPS*
XAUUSD1.24.612.124.153.2

* Calculated from the Limit IOC order level
Note: A hyphen (-) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance.

 

Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 pips=< 0.2 pips=< 0.6 pips=< 1.0 pipsAll
AUDUSD93.5%93.5%93.7%98.6%98.6%
EURGBP61.7%61.7%61.7%98.8%98.8%
EURJPY78.3%78.3%78.3%87.1%99.2%
EURUSD74.8%76.9%83.5%84.4%98.5%
GBPJPY82.8%82.8%82.8%83.1%98.9%
GBPUSD84.1%84.1%86.3%86.8%98.4%
NZDUSD69.1%69.1%71.7%99.0%99.0%
USDCAD71.8%71.8%71.8%73.4%98.4%
USDCHF76.9%76.9%81.9%99.5%99.3%
USDJPY78.1%78.4%78.5%78.8%97.0%
0.0 PIPS=< 10 PIPS=< 25 PIPS=< 50 PIPSAll
XAGUSD92.9%92.9%93.8%93.8%93.8%
0.0 PIPS=< 10 PIPS=< 20 PIPS=< 30 PIPSAll
XAUUSD74.2%84.1%98.1%98.1%98.2%

 

Limit IOC Order Execution Speed

Time in MillisecondsFill Rate
< 5084.3%
< 10096.8%
< 25099.5%
< 50099.8%
< 100099.9%
Average execution speed in milliseconds44

 

Market Order Statistics

Currency PairPrice ImprovementZero SlippageNegative SlippageAverage Net Improvement*Fill Rate
AUDUSD12.9%73.9%13.3%0.0100.0%
EURGBP13.5%73.4%13.1%0.0100.0%
EURJPY19.7%62.8%17.5%0.0100.0%
EURUSD15.0%66.9%18.1%0.0100.0%
GBPJPY24.5%58.4%17.2%0.0100.0%
GBPUSD16.6%65.6%17.8%0.0100.0%
NZDUSD9.2%80.3%10.4%0.0100.0%
USDCAD10.8%77.6%11.6%0.0100.0%
USDCHF8.6%83.6%7.8%0.0100.0%
USDJPY14.1%70.4%15.5%0.0100.0%
XAGUSD11.8%76.9%11.3%0.2100.0%
XAUUSD22.0%55.5%22.5%0.0100.0%

* Average improvement based on all market orders. Calculated from the indicative market price.

 

Market Order Execution Speed

Time in millisecondsFill Rate
< 5090.0%
< 10097.7%
< 25099.7%
< 500100.0%
< 1000100.0%
Average execution speed in milliseconds36

 

Resting Stop Order Statistics

Currency PairNo SlippageNegative SlippageAverage Negative Slippage (PIPS)*Average Net Slippage (PIPS)**
AUDUSD58.8%41.2%0.60.1
EURGBP55.0%45.0%0.70.1
EURJPY51.8%48.2%0.60.1
EURUSD58.3%41.7%0.70.1
GBPJPY21.1%78.9%2.62.1
GBPUSD59.0%41.0%1.80.4
NZDUSD69.5%30.5%0.7–0.1
USDCAD64.9%35.1%1.20.1
USDCHF62.0%38.0%0.80.2
USDJPY61.4%38.6%0.70.1
XAGUSD41.2%58.8%24.47.0
XAUUSD49.9%50.1%8.31.8

 * Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering.
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering.

 

Resting Limit Order Statistics

Currency PairPrice ImprovementZero SlippageAverage Price Improvement (PIPS)*Average Net Price Improvement (PIPS)**
AUDUSD23.4%76.6%0.30.1
EURGBP27.7%72.3%0.30.1
EURJPY26.8%73.1%0.20.1
EURUSD21.0%79.0%0.20.0
GBPJPY41.3%58.7%0.40.2
GBPUSD41.7%58.2%0.50.2
NZDUSD22.3%77.7%0.30.1
USDCAD27.7%72.3%0.30.1
USDCHF24.5%75.5%0.30.1
USDJPY22.0%78.0%0.20.1
XAGUSD47.1%52.9%11.35.3
XAUUSD44.9%55.0%3.31.5

* Average improvement based on limit orders that were Improvement.
** Average improvement based on all limit orders. Calculated from the limit order level.

Limit IOC Order Statistics

Currency PairPositive Slippage*Zero Slippage*Negative Slippage*Average Net Slippage (PIPS)*Average Improvement (PIPS)**Average Tolerance (PIPS)Fill Rate***
AUDUSD15.3%72.0%12.7%0.00.90.999.2%
EURGBP21.3%64.3%14.5%0.00.90.999.8%
EURJPY25.3%53.4%21.4%0.01.91.999.6%
EURUSD19.0%64.5%16.5%0.01.41.499.6%
GBPJPY26.4%54.8%18.8%0.02.02.099.4%
GBPUSD19.7%62.6%17.7%0.01.61.699.4%
NZDUSD16.8%72.5%10.7%0.00.80.799.6%
USDCAD18.5%67.0%14.5%0.02.12.199.7%
USDCHF16.0%74.6%9.4%0.01.01.099.0%
USDJPY15.6%70.8%13.6%0.02.52.599.8%
XAGUSD15.8%75.7%8.4%1.518.316.996.2%
XAUUSD29.1%48.1%22.8%0.214.113.899.4%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement 
** Calculated from the Limit IOC order level
*** On Limit IOC orders with default price tolerance of 0.01% and above

 

Limit IOC Order Average Improvement *, by price tolerance setting

Currency Pair0.0 PIPS*0.1 – 0.2 PIPS*0.3 – 0.6 PIPS*0.7 – 1.0 PIPS*> 1.1 PIPS*
AUDUSD0.00.30.74.7
EURGBP0.10.94.6
EURJPY0.21.01.9
EURUSD0.10.20.61.01.4
GBPJPY0.10.32.0
GBPUSD0.10.21.11.01.6
NZDUSD0.10.60.74.4
USDCAD0.10.10.31.12.2
USDCHF0.10.51.02.0
USDJPY0.00.20.41.02.6
0.0 PIPS*1 – 10 PIPS*11 – 25 PIPS*25– 50 PIPS*> 51 PIPS*
XAGUSD1.01.016.442.5129.7
0.0 PIPS*1 – 10 PIPS*11 – 20 PIPS*21– 30 PIPS*> 31 PIPS*
XAUUSD1.22.512.224.158.8

* Calculated from the Limit IOC order level
Note:A hyphen (-) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance

 

Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 PIPS=< 0.2 PIPS=< 0.6 PIPS=< 1.0 PIPSAll
AUDUSD93.6%93.6%93.9%99.0%99.0%
EURGBP78.8%78.8%78.8%99.0%99.0%
EURJPY66.0%66.0%66.0%68.0%99.1%
EURUSD72.4%74.1%81.1%82.5%98.2%
GBPJPY76.9%76.9%74.7%74.7%99.0%
GBPUSD66.4%66.5%69.5%74.1%98.6%
NZDUSD70.7%70.7%71.9%99.0%99.0%
USDCAD69.8%71.0%71.1%76.5%99.0%
USDCHF73.3%73.3%82.6%98.7%98.7%
USDJPY84.3%84.5%84.7%85.7%99.0%
0.0 PIPS=< 10 PIPS=< 25 PIPS=< 50 PIPSAll
XAGUSD65.5%65.5%95.6%95.7%
0.0 PIPS=< 10 PIPS=< 20 PIPS=< 30 PIPSAll
XAUUSD70.6%76.3%98.1%98.1%98.2%

 

Limit IOC Order Execution Speed

Time in MillisecondsFill Rate
< 5062.1%
< 10093.4%
< 25099.2%
< 50099.8%
< 1000100.0%
Average execution speed in milliseconds55

 

Market Order Statistics

Currency PairPrice ImprovementZero SlippageNegative slippageAverage Net Improvement*Fill Rate
AUDUSD14.8%71.9%13.2%0.0100.0%
EURGBP15.0%68.3%16.8%0.0100.0%
EURJPY19.7%60.8%19.5%0.0100.0%
EURUSD15.9%68.7%15.4%0.0100.0%
GBPJPY20.4%60.9%18.7%0.0100.0%
GBPUSD17.6%65.7%16.7%0.0100.0%
NZDUSD13.4%75.3%11.2%0.0100.0%
USDCAD14.0%72.9%13.0%0.0100.0%
USDCHF12.0%79.4%8.6%0.0100.0%
USDJPY13.6%73.3%13.1%0.0100.0%
XAGUSD11.9%78.4%9.7%0.2100.0%
XAUUSD26.1%52.1%21.9%0.1100.0%

* Average improvement based on all market orders. Calculated from the indicative market price 

 

Market Order Execution Speed

Time in millisecondsFill Rate
< 5073.8%
< 10095.0%
< 25099.5%
< 50099.9%
< 1000100.0%
Average execution speed in milliseconds46

 

Resting Stop Order Statistics

Currency PairNo SlippageNegative SlippageAverage Negative Slippage (PIPS)*Average Net Slippage (PIPS)**
AUDUSD68.7%31.3%0.50.0
EURGBP67.1%32.9%0.70.0
EURJPY53.2%46.8%0.7– 0.8
EURUSD60.0%40.0%1.10.3
GBPJPY38.9%61.1%0.50.2
GBPUSD66.0%34.0%0.8– 0.1
NZDUSD70.6%29.4%0.5– 0.2
USDCAD66.6%33.4%3.10.7
USDCHF66.3%33.7%0.7– 0.1
USDJPY64.9%35.1%0.80.1
XAGUSD42.7%57.3%35.87.4
XAUUSD52.9%47.1%10.30.7

* Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering

 

Resting Limit Order Statistics

Currency PairPrice improvementZero SlippageAverage Price Improvement (PIPS)*Average Net Price Improvement (PIPS)**
AUDUSD21.1%78.8%0.30.1
EURGBP19.8%80.2%0.20.0
EURJPY23.0%77.0%0.30.1
EURUSD18.3%81.7%0.20.0
GBPJPY32.4%67.6%0.20.1
GBPUSD29.1%70.8%0.20.1
NZDUSD24.9%75.1%0.20.1
USDCAD25.0%75.0%0.60.2
USDCHF23.0%77.0%0.20.1
USDJPY17.6%82.4%0.20.0
XAGUSD47.9%52.1%9.64.6
XAUUSD34.7%65.3%4.31.5

* Average improvement based on limit orders that were Improvement.
** Average improvement based on all limit orders. Calculated from the limit order level

 

Limit IOC Order Statistics

Currency PairPositive Slippage*Zero Slippage*Negative Slippage*Average Net Slippage (PIPS)*Average Improvement (PIPS)**Average Tolerance (PIPS)Fill Rate***
AUDUSD19.1%67.2%13.7%0.00.90.997.8%
EURGBP32.3%55.0%12.7%0.01.01.099.6%
EURJPY33.4%44.7%21.9%0.01.41.499.8%
EURUSD21.7%60.7%17.6%0.01.41.499.8%
GBPJPY34.0%48.3%17.7%0.01.81.799.6%
GBPUSD23.3%56.5%20.2%0.01.51.599.5%
NZDUSD27.7%62.4%9.9%0.00.80.899.6%
USDCAD27.0%57.7%15.3%0.01.91.999.5%
USDCHF27.8%61.2%11.0%0.01.01.099.8%
USDJPY18.1%66.8%15.1%0.02.12.199.6%
XAGUSD33.2%59.6%7.2%3.018.915.996.5%
XAUUSD37.8%43.5%18.7%0.616.115.599.3%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement 
** Calculated from the Limit IOC order level
*** On Limit IOC orders with default price tolerance of 0.01% and above

 

Limit IOC Order Average Improvement *, by price tolerance setting

Currency Pair0.0 PIPS*0.1 – 0.2 PIPS*0.3 – 0.6 PIPS*0.7 – 1.0 PIPS*> 1.1 PIPS*
AUDUSD0.00.30.78.9
EURGBP0.1
0.911.9
EURJPY0.20.1
1.11.4
EURUSD0.10.20.61.01.5
GBPJPY0.1
0.4
1.8
GBPUSD0.10.20.41.01.6
NZDUSD0.1

0.71.6
USDCAD0.10.1
1.12.0
USDCHF0.00.10.51.05.5
USDJPY0.10.10.51.02.1
 0.0 PIPS*1 - 10 PIPS*11 - 25 PIPS*25- 50 PIPS*> 51 PIPS*
XAGUSD7.42.018.728.277.8
 0.0 PIPS*1 - 10 PIPS*11 - 20 PIPS*21- 30 PIPS*> 31 PIPS*
XAUUSD1.45.312.825.6147.9

* Calculated from the Limit IOC order level
Note: A hyphen (-) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance

 

Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 PIPS=< 0.2 PIPS=< 0.6 PIPS=< 1.0 PIPSALL
AUDUSD93.0%93.0%94.5%99.5%99.5%
EURGBP83.7%83.7%83.7%99.3%99.3%
EURJPY78.5%78.8%78.8%83.5%99.5%
EURUSD73.7%74.5%79.6%83.2%98.6%
GBPJPY65.1%65.1%65.9%65.9%99.2%
GBPUSD69.9%70.7%74.6%84.9%99.1%
NZDUSD69.4%69.4%69.4%98.9%99.0%
USDCAD71.6%71.9%71.9%75.4%98.5%
USDCHF75.0%77.4%78.4%99.6%99.6%
USDJPY75.9%76.9%79.4%88.6%99.1%
 0.0 PIPS=< 10 PIPS=< 25 PIPS=< 50 PIPSAll
XAGUSD84.6%86.7%96.4%96.4%
 0.0 PIPS=< 10 PIPS=< 20 PIPS=< 30 PIPSAll
XAUUSD65.0%72.2%97.1%97.1%97.2%

 

Limit IOC Order Execution Speed

Time in MillisecondsFill Rate
< 5055.4%
< 10092.2%
< 25099.4%
< 50099.9%
< 1000100.0%
Average execution speed59 milliseconds

 

Market Order Statistics

Currency PairPrice ImprovementZero SlippageNegative slippageAverage Net Improvement*Fill Rate
AUDUSD17.1%67.6%15.2%0.0100.0%
EURGBP24.1%65.9%10.0%0.0100.0%
EURJPY23.8%56.8%19.4%0.0100.0%
EURUSD18.5%65.2%16.3%0.0100.0%
GBPJPY24.5%57.2%18.3%0.0100.0%
GBPUSD20.0%60.3%19.7%0.0100.0%
NZDUSD22.6%66.8%10.6%0.0100.0%
USDCAD19.0%66.5%14.5%0.0100.0%
USDCHF22.1%70.1%7.8%0.0100.0%
USDJPY15.2%70.9%13.8%0.0100.0%
XAGUSD14.4%78.0%7.6%0.9100.0%
XAUUSD32.3%48.7%19.0%0.3100.0%

* Average improvement based on all market orders. Calculated from the indicative market price

 

Market Order Execution Speed

Time in millisecondsFill Rate
< 5066.9%
< 10093.4%
< 25099.4%
< 50099.9%
< 1000100.0%
Average execution speed50 milliseconds

 

Resting Stop Order Statistics

Currency PairNo SlippageNegative SlippageAverage Negative Slippage (PIPS)*Average Net Slippage (PIPS)**
AUDUSD78.2%21.8%0.4–0.1
EURGBP58.7%41.3%0.80.1
EURJPY52.5%47.5%0.70.1
EURUSD57.3%42.7%0.90.2
GBPJPY32.8%67.2%0.70.5
GBPUSD64.6%35.4%1.40.2
NZDUSD63.1%36.9%0.6–0.1
USDCAD63.8%36.2%1.50.2
USDCHF75.1%24.9%0.7-0.1
USDJPY58.5%41.5%0.80.2
XAGUSD35.6%64.4%150.389.6
XAUUSD61.5%38.5%10.1–0.9
 

* Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering

 

Resting Limit Order Statistics

Currency PairPrice improvementZero SlippageAverage Price Improvement (PIPS)*Average Net Price Improvement (PIPS)**
AUDUSD14.6%81.6%0.20.0
EURGBP21.4%77.7%0.30.1
EURJPY27.6%70.1%0.40.1
EURUSD14.5%72.0%0.30.1
GBPJPY36.7%50.7%0.30.2
GBPUSD30.5%67.5%0.40.1
NZDUSD16.5%82.1%0.20.0
USDCAD27.4%72.1%0.70.2
USDCHF24.3%75.5%0.20.0
USDJPY19.0%75.8%0.30.1
XAGUSD48.8%51.0%30.014.7
XAUUSD40.2%58.1%4.62.0

* Average improvement based on limit orders that were Improvement.
** Average improvement based on all limit orders. Calculated from the limit order level

Limit IOC Order Statistics

Currency PairPositive Slippage*Zero Slippage*Negative Slippage*Average Net Slippage (PIPS)*Average Improvement (PIPS)**Average Tolerance (PIPS)Fill Rate***
AUDUSD17.9%65.4%16.7%0.00.80.898.9%
EURGBP22.3%59.3%18.4%0.01.01.099.4%
EURJPY29.2%44.9%26.0%0.01.51.499.2%
EURUSD24.2%53.6%22.3%0.01.41.499.4%
GBPJPY30.0%48.3%21.7%0.02.02.099.5%
GBPUSD25.4%51.7%22.9%0.01.51.599.5%
NZDUSD19.3%66.9%13.7%0.00.70.798.9%
USDCAD21.2%59.8%19.0%0.02.12.199.6%
USDCHF18.8%63.8%17.4%0.01.01.099.7%
USDJPY17.5%66.1%16.4%0.04.44.499.6%
XAGUSD17.6%75.2%7.2%1.981.279.395.7%
XAUUSD27.5%50.4%22.1%0.213.313.199.3%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement 
** Calculated from the Limit IOC order level
*** On Limit IOC orders with default price tolerance of 0.01% and above

 

Limit IOC Order Average Improvement *, by price tolerance setting

Currency Pair0.0 PIPS*0.1 – 0.2 PIPS*0.3 – 0.6 PIPS*0.7 – 1.0 PIPS*> 1.1 PIPS*
AUDUSD0.00.40.87.6
EURGBP0.10.922.1
EURJPY0.10.11.11.5
EURUSD0.10.20.61.01.4
GBPJPY0.10.51.12.0
GBPUSD0.10.31.01.01.5
NZDUSD0.00.60.71.6
USDCAD0.10.10.51.02.2
USDCHF0.00.51.03.9
USDJPY0.10.10.61.04.7
0.0 PIPS*1 – 10 PIPS*11 – 25 PIPS*25– 50 PIPS*> 51 PIPS*
XAGUSD4.318.44317.1
0.0 PIPS*1 – 10 PIPS*11 – 20 PIPS*21– 30 PIPS*> 31 PIPS*
XAUUSD1.06.113.225.273.9

* Calculated from the Limit IOC order level
Note: A hyphen (–) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance

 

Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 PIPS=< 0.2 PIPS=< 0.6 PIPS=< 1.0 PIPSAll
AUDUSD77.9%77.9%78.1%99.0%98.9%
EURGBP70.0%70.0%70.0%98.6%98.6%
EURJPY70.5%70.3%70.3%72.9%98.0%
EURUSD71.2%73.1%76.4%80.0%98.6%
GBPJPY75.4%75.4%76.3%76.4%98.9%
GBPUSD68.8%69.1%69.3%81.9%99.1%
NZDUSD70.9%70.9%72.0%97.7%97.8%
USDCAD72.3%72.4%72.7%73.2%99.1%
USDCHF72.7%72.7%76.6%99.3%99.3%
USDJPY76.1%81.2%83.0%88.3%98.9%
0.0 PIPS=< 10 PIPS=< 25 PIPS=< 50 PIPSAll
XAGUSD88.5%88.5%95.3%95.4%
0.0 PIPS=< 10 PIPS=< 20 PIPS=< 30 PIPSAll
XAUUSD74.8%82.2%98.8%98.8%98.8%

 

Limit IOC Order Execution Speed

Time in MillisecondsFill Rate
< 5077.0%
< 10095.6%
< 25099.5%
< 50099.9%
< 1000100.0%
Average execution speed47 milliseconds

 

Market Order Statistics

Currency PairPrice ImprovementZero SlippageNegative slippageAverage Net Improvement*Fill Rate
AUDUSD16.7%67.6%15.7%0.0100.0%
EURGBP19.3%64.5%16.2%0.0100.0%
EURJPY26.0%51.5%22.5%0.0100.0%
EURUSD21.2%57.3%21.5%0.0100.0%
GBPJPY25.5%51.6%23.0%0.0100.0%
GBPUSD21.9%55.4%22.7%0.0100.0%
NZDUSD15.5%71.7%12.8%0.0100.0%
USDCAD18.6%63.3%18.1%0.0100.0%
USDCHF16.5%70.8%12.7%0.0100.0%
USDJPY16.0%69.3%14.7%0.0100.0%
XAGUSD15.4%67.9%16.7%–0.7100.0%
XAUUSD25.2%53.5%21.3%0.1100.0%

* Average improvement based on all market orders. Calculated from the indicative market price 

 

Market Order Execution Speed

Time in millisecondsFill Rate
< 5079.8%
< 10096.0%
< 25099.6%
< 50099.9%
< 1000100.0%
Average execution speed43 milliseconds

 

Resting Stop Order Statistics

Currency PairNo SlippageNegative SlippageAverage Negative Slippage (PIPS)*Average Net Slippage (PIPS)**
AUDUSD67.5%32.5%0.60.0
EURGBP62.6%37.4%0.5–0.1
EURJPY52.3%47.7%0.62.8
EURUSD56.5%43.5%0.70.2
GBPJPY36.1%63.9%0.50.3
GBPUSD68.0%32.0%0.9–0.1
NZDUSD58.8%41.2%0.90.1
USDCAD63.6%36.4%2.50.5
USDCHF77.8%22.2%0.5–0.2
USDJPY65.5%34.5%0.60.0
XAGUSD44.3%55.7%35.78.6
XAUUSD65.4%34.6%18.4–1.4

* Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering

 

Resting Limit Order Statistics

Currency PairPrice improvementZero SlippageAverage Price Improvement (PIPS)*Average Net Price Improvement (PIPS)**
AUDUSD16.0%84.0%0.20.0
EURGBP14.6%85.4%0.30.0
EURJPY25.5%74.5%0.20.1
EURUSD17.2%82.8%0.20.0
GBPJPY41.8%58.2%0.30.1
GBPUSD26.4%73.6%0.20.1
NZDUSD18.2%81.8%0.30.0
USDCAD23.9%76.1%0.60.1
USDCHF15.9%84.1%0.20.0
USDJPY19.4%80.6%0.20.0
XAGUSD45.6%54.4%10.44.8
XAUUSD46.1%53.9%6.83.1

* Average improvement based on limit orders that were Improvement.
** Average improvement based on all limit orders. Calculated from the limit order level

Limit IOC Order Statistics

Currency PairPositive Slippage*Zero Slippage*Negative Slippage*Average Net Slippage (PIPS)*Average Improvement (PIPS)**Average Tolerance (PIPS)Fill Rate***
AUDUSD18.1%64.2%17.7%0.00.90.999.4%
EURGBP18.1%64.5%17.4%0.00.90.999.6%
EURJPY26.5%46.9%26.5%0.09.39.399.3%
EURUSD22.7%55.1%22.2%0.02.42.399.5%
GBPJPY27.8%46.3%25.9%0.01.61.699.2%
GBPUSD24.5%52.0%23.5%0.01.61.599.1%
NZDUSD17.2%65.9%16.9%0.00.70.799.5%
USDCAD20.5%59.1%20.4%0.02.22.299.3%
USDCHF17.0%66.0%17.0%0.01.01.099.4%
USDJPY18.4%63.6%18.1%0.01.51.599.4%
XAGUSD10.6%82.0%7.4%1.032.731.796.4%
XAUUSD26.6%47.6%25.8%0.114.514.398.9%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement
** Calculated from the Limit IOC order level
*** On Limit IOC orders with default price tolerance of 0.01% and above

 

Limit IOC Order Average Improvement *, by price tolerance setting

Currency Pair0.0 PIPS*0.1 – 0.2 PIPS*0.3 – 0.6 PIPS*0.7 – 1.0 PIPS*> 1.1 PIPS*
AUDUSD0.00.10.40.829.4
EURGBP0.10.96.1
EURJPY0.10.51.09.4
EURUSD0.10.20.61.02.4
GBPJPY0.10.40.81.7
GBPUSD0.10.20.61.01.6
NZDUSD0.00.50.75.9
USDCAD0.10.10.81.02.3
USDCHF0.00.10.51.06.0
USDJPY0.00.20.41.01.6
0.0 PIPS*1 – 10 PIPS*11 – 25 PIPS*25 – 50 PIPS*> 51 PIPS*
XAGUSD2.02.417.31280.2
0.0 PIPS*1 – 10 PIPS*11 – 20 PIPS*21 – 30 PIPS*> 31 PIPS*
XAUUSD0.75.913.126.1152.5

* Calculated from the Limit IOC order level
Note: A hyphen (–) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance

 

Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 PIPS=< 0.2 PIPS=< 0.6 PIPS=< 1.0 PIPSAll
AUDUSD77.2%79.4%81.3%99.4%99.3%
EURGBP88.2%88.2%88.2%99.5%99.5%
EURJPY76.3%76.3%79.5%81.1%99.1%
EURUSD74.2%76.3%84.1%86.9%99.0%
GBPJPY79.8%79.8%82.0%84.0%99.1%
GBPUSD70.4%70.6%71.2%84.6%98.9%
NZDUSD73.6%73.6%74.5%99.1%99.1%
USDCAD73.8%74.3%74.8%83.5%99.1%
USDCHF63.8%64.4%75.3%99.0%99.0%
USDJPY72.6%84.9%85.7%91.9%99.1%
0.0 PIPS=< 10 PIPS=< 25 PIPS=< 50 PIPSAll
XAGUSD84.9%85.2%96.6%96.7%
0.0 PIPS=< 10 PIPS=< 20 PIPS=< 30 PIPSAll
XAUUSD75.1%85.5%98.7%98.7%98.7%

 

Limit IOC Order Execution Speed

Time in MillisecondsFill Rate
< 5082.1%
< 10095.3%
< 25099.2%
< 50099.7%
< 100099.9%
Average execution speed46 milliseconds

 

Market Order Statistics

Currency PairPrice ImprovementZero SlippageNegative SlippageAverage Net Improvement*Fill Rate
AUDUSD16.1%66.5%17.4%0.0100.0%
EURGBP14.4%72.2%13.3%0.0100.0%
EURJPY22.1%54.8%23.1%0.0100.0%
EURUSD19.9%60.0%20.2%0.0100.0%
GBPJPY23.1%54.7%22.3%0.0100.0%
GBPUSD21.1%58.4%20.4%0.0100.0%
NZDUSD14.8%70.1%15.1%0.0100.0%
USDCAD17.5%64.8%17.7%0.0100.0%
USDCHF11.6%75.4%12.9%0.0100.0%
USDJPY17.4%63.9%18.7%0.0100.0%
XAGUSD10.1%74.3%15.6%–1.1100.0%
XAUUSD23.5%52.9%23.6%–0.1100.0%

* Average improvement based on all market orders. Calculated from the indicative market price. 

 

Market Order Execution Speed

Time in MillisecondsFill Rate
< 5081.9%
< 10094.7%
< 25099.3%
< 50099.8%
< 1000100.0%
Average execution speed44 milliseconds

 

Resting Stop Order Statistics

Currency PairNo SlippageNegative SlippageAverage Negative Slippage (PIPS)*Average Net Slippage (PIPS)**
AUDUSD73.5%26.5%0.4–0.1
EURGBP64.8%35.2%0.40.0
EURJPY60.1%39.9%0.50.0
EURUSD63.4%36.6%0.50.0
GBPJPY41.2%58.8%0.40.2
GBPUSD68.3%31.7%1.0–0.1
NZDUSD55.7%44.3%0.70.1
USDCAD63.0%37.0%1.50.2
USDCHF70.1%29.9%0.7–0.1
USDJPY62.8%37.2%0.50.1
XAGUSD36.8%63.2%172.2101.6
XAUUSD39.5%60.5%22.811.2

 * Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering

 

Resting Limit Order Statistics

Currency PairPrice improvementZero SlippageAverage Price Improvement (PIPS)*Average Net Price Improvement (PIPS)**
AUDUSD16.2%83.8%0.30.0
EURGBP12.6%87.4%0.30.0
EURJPY26.0%74.0%0.20.1
EURUSD16.1%83.9%0.20.0
GBPJPY37.4%62.6%0.20.1
GBPUSD34.8%65.2%0.20.1
NZDUSD18.3%81.7%0.30.1
USDCAD23.8%76.2%0.40.1
USDCHF19.4%80.6%0.20.0
USDJPY18.2%81.8%0.20.0
XAGUSD41.2%58.8%18.97.8
XAUUSD47.5%52.5%12.25.8

* Average improvement based on limit orders that were Improvement.
** Average improvement based on all limit orders. Calculated from the limit order level

Limit IOC Order Statistics

Currency PairPrice Improvement*Zero Slippage*Negative Slippage*Average Net Slippage (PIPS)*Average Improvement (PIPS)**Average Tolerance (PIPS)Fill Rate***
AUDUSD15.0%69.8%15.2%0.01.11.199.6%
EURGBP16.1%68.9%15.1%0.01.21.299.7%
EURJPY23.6%52.1%24.3%0.013.513.599.7%
EURUSD18.6%62.9%18.5%0.02.82.899.6%
GBPJPY25.6%50.6%23.8%0.01.81.899.6%
GBPUSD19.6%61.3%19.1%0.01.81.899.5%
NZDUSD14.7%70.0%15.3%0.00.70.799.6%
USDCAD18.6%62.8%18.6%0.02.02.099.3%
USDCHF13.5%73.1%13.4%0.01.01.099.8%
USDJPY18.6%62.5%18.9%0.02.22.299.4%
XAGUSD12.2%79.3%8.5%1.259.057.895.4%
XAUUSD28.6%43.8%27.7%0.214.914.798.7%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement 
** Calculated from the Limit IOC order level
*** On Limit IOC orders with default price tolerance of 0.01% and above

 

Limit IOC Order Average Improvement *, by price tolerance setting

Currency Pair0.0 PIPS*0.1 – 0.2 PIPS*0.3 – 0.6 PIPS*0.7 – 1.0 PIPS*> 1.1 PIPS*
AUDUSD0.00.20.50.828.1
EURGBP0.00.20.956.0
EURJPY0.1
0.61.113.8
EURUSD0.10.20.61.02.9
GBPJPY0.1

0.81.8
GBPUSD0.10.20.51.01.9
NZDUSD0.0
0.40.76.8
USDCAD0.1
0.61.02.0
USDCHF0.0
0.51.05.2
USDJPY0.00.20.51.02.3
0.0 PIPS*1 - 10 PIPS*11 - 25 PIPS*25- 50 PIPS*> 51 PIPS*
XAGUSD0.0
18.1
1239.4
0.0 PIPS*1 - 10 PIPS*11 - 20 PIPS*21- 30 PIPS*> 31 PIPS*
XAUUSD1.15.313.327.082.9

* Calculated from the Limit IOC order level
Note: A hyphen (–) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance

 

Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 PIPS=< 0.2 PIPS=< 0.6 PIPS=< 1.0 PIPSAll
AUDUSD82.3%84.1%87.5%99.4%99.4%
EURGBP77.8%78.5%78.5%99.3%99.3%
EURJPY68.4%68.4%70.2%76.9%99.0%
EURUSD77.6%80.4%86.8%90.9%99.3%
GBPJPY60.0%60.0%60.0%63.0%99.1%
GBPUSD76.5%78.4%80.3%86.0%98.9%
NZDUSD70.8%70.8%72.5%99.1%99.1%
USDCAD72.3%72.3%73.9%85.0%99.2%
USDCHF78.6%78.6%85.5%99.5%99.5%
USDJPY75.6%83.7%84.1%92.8%99.1%
0.0 PIPS=< 10 PIPS=< 25 PIPS=< 50 PIPSAll
XAGUSD90.0%90.0%95.2%-95.4%
0.0 PIPS=< 10 PIPS=< 20 PIPS=< 30 PIPSAll
XAUUSD72.8%89.5%98.5%98.5%98.6%

 

Limit IOC Order Execution Speed

Time in MillisecondsFill Rate
< 5084.9%
< 10096.0%
< 25099.0%
< 50099.6%
< 100099.8%
Average execution speed45 milliseconds

 

Market Order Statistics

Currency PairPrice ImprovementZero SlippageNegative SlippageAverage Net Improvement*Fill Rate
AUDUSD13.2%72.9%13.9%0.0100.0%
EURGBP12.9%77.3%9.8%0.0100.0%
EURJPY16.8%63.6%19.7%0.0100.0%
EURUSD16.2%67.4%16.4%0.0100.0%
GBPJPY22.0%58.9%19.1%0.0100.0%
GBPUSD16.5%66.5%17.1%0.0100.0%
NZDUSD12.1%74.0%13.9%0.0100.0%
USDCAD15.2%70.0%14.8%0.0100.0%
USDCHF12.0%72.9%15.1%0.0100.0%
USDJPY17.8%63.5%18.8%0.0100.0%
XAGUSD10.8%77.0%12.2%-0.1100.0%
XAUUSD26.3%47.8%25.9%0.0100.0%

* Average improvement based on all market orders. Calculated from the indicative market price 

 

Market Order Execution Speed

Time in millisecondsFill Rate
< 5083.7%
< 10095.5%
< 25099.2%
< 50099.7%
< 1000100.0%
Average execution speed42 milliseconds

 

Resting Stop Order Statistics

Currency PairZero SlippageNegative SlippageAverage Negative Slippage (PIPS)*Average Net Slippage (PIPS)**
AUDUSD72.1%27.9%0.4–0.1
EURGBP61.6%38.4%0.70.1
EURJPY63.8%36.2%0.80.1
EURUSD63.9%36.1%0.60.1
GBPJPY34.9%65.1%1.40.9
GBPUSD65.5%34.5%1.10.0
NZDUSD75.3%24.7%0.40.2
USDCAD68.5%31.5%1.30.0
USDCHF70.3%29.7%0.40.1
USDJPY65.0%35.0%0.60.1
XAGUSD39.9%60.1%38.921.9
XAUUSD28.7%71.3%11.77.2

 * Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering

 

Resting Limit Order Statistics

Currency PairPrice ImprovementZero SlippageAverage Price Improvement (PIPS)*Average Net Price Improvement (PIPS)**
AUDUSD17.6%82.4%0.20.0
EURGBP18.4%81.6%0.80.1
EURJPY23.0%77.0%0.30.1
EURUSD17.4%82.6%0.30.0
GBPJPY30.6%69.4%0.30.1
GBPUSD34.5%65.5%0.40.1
NZDUSD21.5%78.5%0.20.0
USDCAD22.2%77.8%0.20.0
USDCHF24.1%75.9%0.10.0
USDJPY18.9%81.1%0.30.0
XAGUSD44.8%55.2%15.16.8
XAUUSD45.1%54.9%5.72.6

 * Average improvement based on limit orders that were improved. Calculated from the limit order level
** Average improvement based on all limit orders. Calculated from the limit order level

Limit IOC Order Statistics

Currency PairPrice Improvement*Zero Slippage*Negative Slippage*Average Net Slippage (PIPS)*Average Improvement (PIPS)**Average Tolerance (PIPS)Fill Rate***
AUDUSD18.6%63.5%17.9%0.01.01.099.2%
EURGBP17.7%63.7%18.7%0.01.71.799.5%
EURJPY29.0%42.3%28.8%0.010.410.499.5%
EURUSD21.3%57.9%20.8%0.02.52.599.5%
GBPJPY29.8%42.0%28.1%0.02.12.199.4%
GBPUSD23.1%53.1%23.7%0.02.02.099.3%
NZDUSD17.8%65.7%16.5%0.00.70.798.9%
USDCAD22.9%55.2%21.9%0.02.52.499.2%
USDCHF15.8%69.0%15.2%0.01.01.099.5%
USDJPY24.0%52.4%23.6%0.04.44.499.6%
XAGUSD13.8%79.3%6.9%1.852.750.995.3%
XAUUSD29.3%42.9%27.9%0.215.915.798.9%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement 
** Calculated from the Limit IOC order level
*** On Limit IOC orders with default price tolerance of 0.01% and above

 

Limit IOC Order Average Improvement *, by price tolerance setting

Currency Pair0.0 PIPS*0.1 – 0.2 PIPS*0.3 – 0.6 PIPS*0.7 – 1.0 PIPS*> 1.1 PIPS*
AUDUSD0.10.20.40.824.6
EURGBP0.00.10.40.961.1
EURJPY0.10.20.41.110.6
EURUSD0.10.20.61.02.6
GBPJPY0.10.5
2.1
GBPUSD0.10.10.50.92.1
NZDUSD0.0

0.76.6
USDCAD0.1
0.71.12.5
USDCHF0.00.10.50.98.9
USDJPY0.00.20.41.04.8
0.0 PIPS*1 - 10 PIPS*11 - 25 PIPS*25- 50 PIPS*> 51 PIPS*
XAGUSD0.04.818.4-1179.3
0.0 PIPS*1 - 10 PIPS*11 - 20 PIPS*21- 30 PIPS*> 31 PIPS*
XAUUSD1.66.113.326.776.2

* Calculated from the Limit IOC order level
Note: A hyphen (-) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance

 

Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 PIPS=< 0.2 PIPS=< 0.6 PIPS=< 1.0 PIPSALL
AUDUSD80.3%86.2%90.7%99.0%99.0%
EURGBP85.4%84.5%84.7%99.3%99.3%
EURJPY68.3%68.6%69.6%70.7%99.0%
EURUSD74.9%79.4%82.8%86.7%98.8%
GBPJPY84.4%84.4%85.3%85.3%99.3%
GBPUSD75.3%76.2%77.2%87.5%99.0%
NZDUSD82.4%82.4%82.4%98.6%98.6%
USDCAD76.8%76.8%79.8%83.4%98.9%
USDCHF73.5%73.7%79.4%98.4%98.4%
USDJPY78.3%82.4%84.5%94.3%98.7%
0.0 PIPS=< 10 PIPS=< 25 PIPS=< 50 PIPSALL
XAGUSD77.8%88.2%95.1%95.1%95.3%
0.0 PIPS=< 10 PIPS=< 20 PIPS=< 30 PIPSALL
XAUUSD72.8%88.7%98.5%98.5%98.5%

 

Limit IOC Order Execution Speed

Time in MillisecondsFill Rate
< 5088.7%
< 10096.1%
< 25099.0%
< 50099.6%
< 100099.9%
Average execution speed41 milliseconds

 

Market Order Statistics

Currency PairPrice ImprovementZero SlippageNegative SlippageAverage Net Improvement*Fill Rate
AUDUSD16.0%68.2%15.9%0.0100.0%
EURGBP13.7%74.5%11.8%0.0100.0%
EURJPY20.8%57.6%21.7%0.0100.0%
EURUSD17.7%65.4%16.9%0.0100.0%
GBPJPY23.9%51.6%24.5%0.0100.0%
GBPUSD20.3%60.6%19.0%0.0100.0%
NZDUSD15.6%71.9%12.5%0.0100.0%
USDCAD18.5%66.1%15.4%0.0100.0%
USDCHF17.0%68.4%14.5%0.0100.0%
USDJPY20.8%57.6%21.6%0.0100.0%
XAGUSD12.3%78.0%9.7%0.1100.0%
XAUUSD24.3%51.4%24.3%0.0100.0%

* Average improvement based on all market orders. Calculated from the indicative market price 

 

Market Order Execution Speed

Time in MillisecondsFill Rate
< 5087.7%
< 10095.1%
< 25099.2%
< 50099.7%
< 1000100.00%
Average execution speed37 milliseconds

 

Resting Stop Order Statistics

Currency PairZero SlippageNegative SlippageAverage Negative Slippage (PIPS)*Average Net Slippage (PIPS)**
AUDUSD73.1%26.9%0.4-0.2
EURGBP59.6%40.4%0.60.1
EURJPY58.5%41.5%1.00.2
EURUSD63.0%37.0%0.60.0
GBPJPY34.0%66.0%0.50.3
GBPUSD63.1%36.9%0.90.0
NZDUSD49.5%50.5%0.80.2
USDCAD67.1%32.9%0.9-0.1
USDCHF66.3%33.7%0.4-0.1
USDJPY62.6%37.4%0.70.1
XAGUSD25.2%74.8%32.922.7
XAUUSD31.2%68.8%10.56.6

* Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering

 

Resting Limit Order Statistics

Currency PairPrice ImprovementZero SlippageAverage Price Improvement (PIPS)*Average Net Price Improvement (PIPS)**
AUDUSD20.8%79.2%0.20.0
EURGBP15.5%84.5%0.30.1
EURJPY22.8%77.2%0.30.1
EURUSD17.0%83.0%0.30.0
GBPJPY34.3%65.7%0.30.1
GBPUSD34.5%65.5%0.30.1
NZDUSD19.0%81.0%0.30.1
USDCAD23.8%76.2%0.40.1
USDCHF18.7%81.3%0.20.0
USDJPY19.2%80.8%0.20.0
XAGUSD44.3%55.7%15.97.0
XAUUSD46.1%53.9%3.41.6

* Average improvement based on limit orders that were improved. Calculated from the limit order level
** Average improvement based on all limit orders. Calculated from the limit order level

Limit IOC Order Statistics

Currency PairPrice Improvement*Zero Slippage*Negative Slippage*Average Net Slippage (PIPS)*Average Improvement (PIPS)**Average Tolerance (PIPS)Fill Rate***
AUDUSD22.0%56.6%21.4%0.00.90.998.9%
EURGBP19.4%60.2%20.5%0.00.90.999.2%
EURJPY41.8%32.0%26.1%0.212.512.399.4%
EURUSD24.0%52.0%24.1%0.03.13.199.5%
GBPJPY44.2%27.7%28.1%0.32.21.998.8%
GBPUSD26.4%46.7%26.9%0.01.91.999.2%
NZDUSD21.8%56.6%21.6%0.00.80.898.2%
USDCAD24.3%52.6%23.1%0.02.52.599.1%
USDCHF21.2%57.2%21.6%0.01.01.099.2%
USDJPY28.2%46.5%25.3%0.05.25.299.5%
XAGUSD18.7%70.3%11.0%2.369.066.693.9%
XAUUSD30.6%40.6%28.8%0.316.115.898.6%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement
** Calculated from the Limit IOC order level
*** On Limit IOC orders with default price tolerance of 0.01% and above


Limit IOC Order Average Improvement *, by price tolerance setting

Currency Pair0.0 PIPS*0.1 – 0.2 PIPS*0.3 – 0.6 PIPS*0.7 – 1.0 PIPS*> 1.1 PIPS*
AUDUSD0.10.20.50.816.8
EURGBP0.10.10.30.94.4
EURJPY0.10.20.70.912.6
EURUSD0.10.20.61.03.2
GBPJPY0.10.60.82.2
GBPUSD0.10.20.41.01.9
NZDUSD0.00.70.74.7
USDCAD0.10.10.51.02.5
USDCHF0.00.50.97.8
USDJPY0.10.20.51.05.4
0.0 PIPS*1 - 10 PIPS*11 - 25 PIPS*25- 50 PIPS*> 51 PIPS*
XAGUSD6.014.919.11223.3
0.0 PIPS*1 - 10 PIPS*11 - 20 PIPS*21- 30 PIPS*> 31 PIPS*
XAUUSD1.16.213.426.468.0

* Calculated from the Limit IOC order level
Note: A hyphen (-) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance


Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 PIPS=< 0.2 PIPS=< 0.6 PIPS=< 1.0 PIPSALL
AUDUSD54.8%70.2%77.5%98.3%98.3%
EURGBP84.4%85.7%87.0%99.0%99.0%
EURJPY71.4%72.5%76.7%79.8%99.2%
EURUSD71.7%76.8%81.4%89.8%99.1%
GBPJPY80.6%80.6%87.2%87.8%98.7%
GBPUSD81.5%87.0%86.6%95.0%99.1%
NZDUSD77.8%77.8%78.6%97.9%97.9%
USDCAD75.9%77.7%78.3%82.2%98.8%
USDCHF70.6%70.6%76.1%98.7%98.8%
USDJPY76.8%82.4%83.3%88.7%98.8%
0.0 PIPS=< 10 PIPS=< 25 PIPS=< 50 PIPSALL
XAGUSD100.0%55.9%93.1%93.1%93.4%
0.0 PIPS=< 10 PIPS=< 20 PIPS=< 30 PIPSALL
XAUUSD81.6%88.5%98.3%98.2%98.3%

Limit IOC Order Execution Speed

Time in MillisecondsFill Rate
< 5084.6%
< 10093.9%
< 25099.3%
< 50099.8%
< 1000100.0%
Average execution speed41 milliseconds

Market Order Statistics

Currency PairPrice ImprovementZero SlippageNegative SlippageAverage Net Improvement*Fill Rate
AUDUSD16.7%68.1%15.2%0.0100.0%
EURGBP13.8%73.1%13.1%0.0100.0%
EURJPY47.0%31.2%21.8%0.2100.0%
EURUSD20.0%60.2%19.8%0.0100.0%
GBPJPY47.4%27.5%25.1%0.2100.0%
GBPUSD21.6%57.4%21.1%0.0100.0%
NZDUSD16.2%66.5%17.3%0.0100.0%
USDCAD17.1%66.5%16.3%0.0100.0%
USDCHF13.3%74.6%12.2%0.0100.0%
USDJPY25.7%51.6%22.7%0.0100.0%
XAGUSD15.7%67.3%17.0%-0.5100.0%
XAUUSD26.2%49.5%24.3%0.1100.0%

* Average improvement based on all market orders. Calculated from the indicative market price


Market Order Execution Speed

Time in MillisecondsFill Rate
< 5083.1%
< 10092.5%
< 25099.3%
< 50099.9%
< 1000100.0%
Average execution speed40 milliseconds

Resting Stop Order Statistics

Currency PairZero SlippageNegative SlippageAverage Negative Slippage (PIPS)*Average Net Slippage (PIPS)**
AUDUSD75.9%24.1%0.7-0.2
EURGBP53.2%46.8%0.60.1
EURJPY60.8%39.2%0.70.1
EURUSD62.6%37.4%0.80.1
GBPJPY25.2%74.8%0.70.5
GBPUSD65.8%34.2%0.9-0.1
NZDUSD60.3%39.7%0.70.0
USDCAD66.1%33.9%3.40.7
USDCHF55.5%44.5%0.70.1
USDJPY60.2%39.8%0.80.1
XAGUSD25.3%74.7%47.834.4
XAUUSD28.6%71.4%20.113.6

* Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering


Resting Limit Order Statistics

Currency PairPrice ImprovementZero SlippageAverage Price Improvement (PIPS)*Average Net Price Improvement (PIPS)**
AUDUSD17.8%82.2%0.30.1
EURGBP18.3%81.7%0.30.1
EURJPY24.3%75.7%0.20.1
EURUSD15.0%85.0%0.40.1
GBPJPY39.3%60.8%0.30.1
GBPUSD33.4%66.6%0.30.1
NZDUSD22.5%77.5%0.20.0
USDCAD23.7%76.3%0.80.2
USDCHF22.5%77.5%0.20.0
USDJPY24.3%75.7%0.30.1
XAGUSD48.5%51.5%15.37.4
XAUUSD49.9%50.1%9.94.9

* Average improvement based on limit orders that were improved. Calculated from the limit order level
** Average improvement based on all limit orders. Calculated from the limit order level

Limit IOC Order Statistics

Currency PairPrice Improvement*Zero Slippage*Negative Slippage*Average Net Slippage (PIPS)*Average Improvement (PIPS)**Average Tolerance (PIPS)Fill Rate***
AUDUSD17.5%65.3%17.1%0.01.41.499.5%
EURGBP18.8%61.8%19.5%0.00.90.999.3%
EURJPY32.3%46.1%21.6%0.121.321.299.7%
EURUSD22.0%56.5%21.5%0.03.73.799.3%
GBPJPY42.2%36.1%21.6%0.22.11.999.4%
GBPUSD22.1%55.4%22.5%0.02.12.199.2%
NZDUSD17.9%64.5%17.5%0.00.70.798.4%
USDCAD20.5%60.1%19.3%0.02.52.598.5%
USDCHF20.2%60.0%19.8%0.01.11.099.3%
USDJPY22.6%56.7%20.7%0.04.24.299.5%
XAGUSD15.8%72.2%12.0%1.545.644.195.2%
XAUUSD27.2%47.7%25.1%0.218.217.999.1%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement
** Calculated from the Limit IOC order level
*** On Limit IOC orders with default price tolerance of 0.01% and above



Limit IOC Order Average Improvement *, by price tolerance setting

Currency Pair0.0 PIPS*0.1 – 0.2 PIPS*0.3 – 0.6 PIPS*0.7 – 1.0 PIPS*> 1.1 PIPS*
AUDUSD0.00.10.50.878.8
EURGBP0.10.1-0.94.4
EURJPY0.1-0.51.021.6
EURUSD0.10.20.61.03.8
GBPJPY0.0---2.1
GBPUSD0.10.20.30.92.1
NZDUSD0.0--0.72.9
USDCAD0.10.20.51.12.6
USDCHF0.10.2-1.07.1
USDJPY0.00.20.61.04.4
0.0 PIPS*1-10 PIPS*11-25 PIPS*25-50 PIPS*> 51 PIPS*
XAGUSD0.01.018.6-1635.5
0.0 PIPS*1-10 PIPS*11-20 PIPS*21-30 PIPS*> 31 PIPS*
XAUUSD0.85.213.426.6101.4

* Calculated from the Limit IOC order level
Note: A hyphen (-) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance



Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 PIPS=< 0.2 PIPS=< 0.6 PIPS=< 1.0 PIPSALL
AUDUSD83.6%87.7%88.1%99.3%99.3%
EURGBP78.8%83.8%83.8%99.0%99.0%
EURJPY68.9%68.9%72.6%81.5%99.4%
EURUSD72.5%78.2%83.9%88.7%98.8%
GBPJPY100.0%100.0%100.0%100.0%99.4%
GBPUSD74.7%79.8%80.3%86.2%99.0%
NZDUSD81.3%81.3%81.3%98.1%98.1%
USDCAD71.4%80.4%88.5%90.8%98.3%
USDCHF100.0%80.0%80.0%99.3%99.3%
USDJPY75.0%90.1%91.0%92.8%98.9%
0.0 PIPS=< 10 PIPS=< 25 PIPS=< 50 PIPSALL
XAGUSD100.0%100.0%95.1%95.1%95.2%
0.0 PIPS=< 10 PIPS=< 20 PIPS=< 30 PIPSALL
XAUUSD74.1%90.8%98.6%98.6%98.7%


Limit IOC Order Execution Speed

Time in MillisecondsFill Rate
< 5086.8%
< 10095.4%
< 25099.3%
< 50099.8%
< 100099.9%
Average execution speed39 millseconds

Market Order Statistics

Currency PairPrice ImprovementZero SlippageNegative SlippageAverage Net Improvement*Fill Rate*
AUDUSD14.6%71.0%14.4%0.0100.0%
EURGBP12.6%74.1%13.3%0.0100.0%
EURJPY33.7%47.2%19.1%0.1100.0%
EURUSD19.8%61.0%19.2%0.0100.0%
GBPJPY44.9%34.3%20.8%0.1100.0%
GBPUSD20.1%61.6%18.3%0.0100.0%
NZDUSD14.8%69.1%16.1%0.0100.0%
USDCAD17.2%66.8%16.0%0.0100.0%
USDCHF13.4%71.3%15.3%0.0100.0%
USDJPY19.0%62.6%18.3%0.0100.0%
XAGUSD14.1%70.8%15.0%-0.2100.0%
XAUUSD23.6%56.3%20.1%0.2100.0%

* Average improvement based on all market orders. Calculated from the indicative market price



Market Order Execution Speed

Time in MillisecondsFill Rate
< 5087.0%
< 10095.5%
< 25099.4%
< 50099.9%
< 1000100.0%
Average execution speed36 milliseconds

Resting Stop Order Statistics

Currency PairZero SlippageNegative SlippageAverage Negative Slippage (PIPS)*Average Net Slippage (PIPS)**
AUDUSD73.4%26.6%0.6-0.2
EURGBP61.2%38.8%0.50.0
EURJPY56.3%43.7%0.50.0
EURUSD55.6%44.4%0.80.2
GBPJPY21.4%78.6%0.90.7
GBPUSD61.4%38.6%1.30.1
NZDUSD63.0%37.0%1.10.1
USDCAD58.1%41.9%4.81.6
USDCHF63.6%36.4%0.60.0
USDJPY55.7%44.3%0.80.2
XAGUSD27.0%73.0%53.638.1
XAUUSD21.6%78.4%16.112.3

* Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering



Resting Limit Order Statistics

Currency PairPrice improvementZero SlippageAverage Price Improvement (PIPS)*Average Net Price Improvement (PIPS)**
AUDUSD16.7%83.3%0.30.0
EURGBP13.9%86.1%0.20.0
EURJPY21.3%78.7%0.20.0
EURUSD13.4%86.6%0.40.0
GBPJPY38.6%61.4%0.30.1
GBPUSD32.8%67.2%0.20.1
NZDUSD24.0%76.0%0.60.1
USDCAD25.6%74.4%0.70.2
USDCHF20.2%79.8%0.20.0
USDJPY19.7%80.3%0.20.0
XAGUSD51.5%48.5%14.37.4
XAUUSD45.5%54.5%5.82.6

* Average improvement based on limit orders that were improved. Calculated from the limit order level
** Average improvement based on all limit orders. Calculated from the limit order level

Limit IOC Order Statistics

Currency PairPrice improvement*Zero Slippage*Negative Slippage*Average Net Slippage (pips)*Average Improvement (pips)**Average Tolerance (pips)Fill Rate***
AUDUSD12.0%76.3%11.7%0.00.90.999.8%
EURGBP17.8%65.7%16.6%0.00.90.999.3%
EURJPY20.6%58.9%20.5%0.034.634.699.7%
EURUSD16.5%66.9%16.6%0.03.73.799.7%
GBPJPY26.1%50.3%23.6%0.01.61.599.0%
GBPUSD18.0%64.4%17.6%0.01.71.799.2%
NZDUSD12.1%76.8%11.1%0.00.70.799.5%
USDCAD17.3%66.6%16.1%0.01.81.799.1%
USDCHF15.2%71.2%13.6%0.01.01.099.7%
USDJPY19.4%61.3%19.3%0.04.94.999.2%
XAGUSD14.6%72.1%13.3%0.921.120.297.1%
XAUUSD25.9%48.7%25.5%0.220.820.598.8%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement 
** Calculated from the Limit IOC order level
*** On Limit IOC orders with default price tolerance of 0.01% and above



Limit IOC Order Average Improvement *, by price tolerance setting

Currency Pair0.0 pips*0.1 – 0.2 pips*0.3 – 0.6 pips*0.7 – 1.0 pips*> 1.1 pips*
AUDUSD0.00.1-0.851.7
EURGBP0.10.20.40.913.1
EURJPY0.00.10.61.034.9
EURUSD0.10.20.61.03.9
GBPJPY0.1--1.01.6
GBPUSD0.10.20.51.21.8
NZDUSD0.0--0.72.7
USDCAD0.10.10.60.91.8
USDCHF0.0--1.02.9
USDJPY0.10.20.61.05.1
  0.0 PIPS* 1 - 10 PIPS* 11 - 25 PIPS* 25- 50 PIPS* > 51 PIPS*
XAGUSD0.01.017.0-763.3
  0.0 PIPS* 1 - 10 PIPS* 11 - 20 PIPS* 21- 30 PIPS* > 31 PIPS*
XAUUSD0.84.913.024.0651.0

* Calculated from the Limit IOC order level
Note: A hyphen (-) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance



Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 pips=< 0.2 pips=< 0.6 pips=< 1.0 pipsAll
AUDUSD85.9%88.7%88.7%99.6%99.5%
EURGBP75.9%83.1%85.0%98.8%98.9%
EURJPY58.3%60.5%66.0%69.6%99.3%
EURUSD75.9%79.8%85.1%90.0%99.1%
GBPJPY81.5%81.5%81.5%85.3%98.9%
GBPUSD81.3%84.4%84.6%87.4%99.0%
NZDUSD85.7%85.7%85.7%99.3%99.3%
USDCAD79.4%82.6%84.3%91.6%99.0%
USDCHF75.0%75.0%75.0%99.6%99.6%
USDJPY78.4%88.1%88.2%90.4%98.6%
  0.0 PIPS  =< 10 PIPS  =< 25 PIPS  =< 50 PIPS  All
XAGUSD100.0%100.0%97.0%97.0%97.1%
  0.0 PIPS  =< 10 PIPS  =< 20 PIPS  =< 30 PIPS  All
XAUUSD71.6%87.9%98.5%98.5%98.5%


Limit IOC Order Execution Speed

Time in MillisecondsFill Rate
< 5089.8%
< 10096.7%
< 25099.4%
< 50099.8%
< 1000100.0%
Average execution speed 32 milliseconds


Market Order Statistics

Currency PairPrice ImprovementZero SlippageNegative slippageAverage Net Improvement*Fill Rate
AUDUSD10.9%76.4%12.6%0.0100.0%
EURGBP15.5%69.3%15.2%0.0100.0%
EURJPY20.1%62.1%17.8%0.0100.0%
EURUSD15.5%68.3%16.2%0.0100.0%
GBPJPY24.2%48.6%27.3%0.0100.0%
GBPUSD14.8%69.5%15.8%0.0100.0%
NZDUSD9.7%80.7%9.6%0.0100.0%
USDCAD15.3%69.8%14.8%0.0100.0%
USDCHF10.7%73.6%15.7%0.0100.0%
USDJPY18.8%60.9%20.3%0.0100.0%
XAGUSD16.1%63.0%20.9%-0.4100.0%
XAUUSD21.8%56.4%21.7%0.1100.0%

* Average improvement based on all market orders. Calculated from the indicative market price



Market Order Execution Speed

Time in MillisecondsFill Rate
< 5088.3%
< 10095.5%
< 25099.4%
< 50099.8%
< 1000100.0%
Average execution speed 33 milliseconds


Resting Stop Order Statistics

Currency PairZero SlippageNegative SlippageAverage Negative Slippage (pips)*Average Net Slippage (pips)**
AUDUSD61.6%38.4%1.10.1
EURGBP54.2%45.8%0.80.2
EURJPY66.0%34.0%0.5-0.1
EURUSD53.3%46.7%0.60.1
GBPJPY20.2%79.8%1.10.9
GBPUSD41.5%58.5%1.20.5
NZDUSD68.9%31.1%0.7-0.1
USDCAD53.0%47.0%2.00.7
USDCHF68.2%31.8%1.30.1
USDJPY50.6%49.4%0.60.2
XAGUSD39.4%60.6%21.611.9
XAUUSD29.2%70.8%15.010.0

* Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering



Resting Limit Order Statistics

Currency PairPrice improvementZero SlippageAverage Price Improvement (pips)*Average Net Price Improvement (pips)**
AUDUSD19.1%80.9%0.50.1
EURGBP21.6%78.4%0.30.1
EURJPY20.7%79.3%0.20.0
EURUSD14.2%85.8%0.30.0
GBPJPY42.5%57.5%0.30.1
GBPUSD39.4%60.6%0.30.1
NZDUSD18.6%81.4%0.30.1
USDCAD30.0%70.0%0.60.2
USDCHF21.2%78.8%0.30.1
USDJPY18.5%81.5%0.40.1
XAGUSD49.4%50.6%7.73.8
XAUUSD44.4%55.6%4.72.1

* Average improvement based on limit orders that were improved. Calculated from the limit order level
** Average improvement based on all limit orders. Calculated from the limit order level

Limit IOC Order Statistics

Currency PairPrice Improvement*Zero Slippage*Negative Slippage*Average Net Slippage (pips)*Average Improvement (pips)**Average Tolerance (pips)Fill Rate***
AUDUSD12.5%74.8%12.7%0.01.21.199.5%
EURGBP17.9%65.6%16.6%0.00.90.999.2%
EURJPY24.3%54.6%21.1%0.021.221.299.8%
EURUSD17.8%64.4%17.8%0.02.12.199.8%
GBPJPY24.7%50.6%24.7%0.01.81.899.3%
GBPUSD19.3%62.4%18.3%0.02.02.098.9%
NZDUSD13.5%74.8%11.6%0.01.11.199.4%
USDCAD15.3%70.4%14.4%0.01.51.599.7%
USDCHF15.5%70.6%13.9%0.01.11.199.9%
USDJPY19.2%61.5%19.3%0.06.66.699.8%
XAGUSD15.4%71.5%13.0%0.845.044.296.1%
XAUUSD27.3%45.1%27.6%0.114.914.899.3%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement
** Calculated from the Limit IOC order level
*** On Limit IOC orders with default price tolerance of 0.01% and above



Limit IOC Order Average Improvement *, by price tolerance setting

Currency Pair0.0 pips*0.1 – 0.2 pips*0.3 – 0.6 pips*0.7 – 1.0 pips*> 1.1 pips*
AUDUSD0.00.10.50.840.3
EURGBP0.20.10.30.95.7
EURJPY0.10.20.41.121.5
EURUSD0.10.20.61.02.2
GBPJPY0.10.51.01.8
GBPUSD0.10.20.61.02.1
NZDUSD0.00.7112.9
USDCAD0.10.10.61.01.5
USDCHF0.11.03.2
USDJPY0.00.20.61.07.0
0.0 pips*1 - 10 pips*11 - 25 pips*25- 50 pips*> 51 pips*
XAGUSD4.717.7731.6
0.0 pips*1 - 10 pips*11 - 20 pips*21- 30 pips*> 31 pips*
XAUUSD0.95.113.1488.8

* Calculated from the Limit IOC order level
Note: A hyphen (-) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance



Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 pips=< 0.2 pips=< 0.6 pips=< 1.0 pipsAll
AUDUSD75.4%85.2%90.1%99.3%99.3%
EURGBP70.4%79.2%79.5%98.4%98.4%
EURJPY54.5%69.5%71.6%72.5%99.3%
EURUSD76.8%81.0%86.2%90.0%99.3%
GBPJPY67.9%67.9%71.9%72.7%99.1%
GBPUSD77.5%84.6%85.7%89.8%98.6%
NZDUSD83.1%83.1%83.1%99.1%99.1%
USDCAD90.6%91.5%94.8%97.0%99.6%
USDCHF62.5%62.5%62.5%99.8%99.8%
USDJPY80.8%90.5%90.9%93.9%99.3%
0.0 pips=< 10 pips=< 25 pips=< 50 pipsAll
XAGUSD100.0%96.0%96.0%96.1%
0.0 pips=< 10 pips=< 20 pips=< 30 pipsAll
XAUUSD74.9%86.5%98.9%98.9%98.9%


Limit IOC Order Execution Speed

Time in MillisecondsFill Rate
< 5088.2%
< 10096.0%
< 25099.5%
< 50099.9%
< 1000100.0%
Average execution speed34 milliseconds


Market Order Statistics

Currency PairPrice ImprovementZero SlippageNegative SlippageAverage Net Improvement *Fill Rate
AUDUSD14.7%72.2%13.2%0.0100.0%
EURGBP18.1%64.0%17.9%0.0100.0%
EURJPY26.1%49.1%24.8%0.0100.0%
EURUSD17.9%63.8%18.3%0.0100.0%
GBPJPY28.3%38.5%33.2%-0.1100.0%
GBPUSD18.5%62.1%19.4%0.0100.0%
NZDUSD10.9%76.7%12.4%0.0100.0%
USDCAD13.4%72.2%14.4%0.0100.0%
USDCHF10.6%70.8%18.5%0.0100.0%
USDJPY21.5%56.4%22.1%0.0100.0%
XAGUSD17.7%58.2%24.1%-3.1100.0%
XAUUSD26.3%46.7%27.0%0.0100.0%

* Average improvement based on all market orders. Calculated from the indicative market price 



Market Order Execution Speed

Time in MillisecondsFill Rate
< 5084.4%
< 10094.3%
< 25099.5%
< 50099.9%
< 100099.9%
Average execution speed37 milliseconds


Resting Stop Order Statistics

Currency PairZero SlippageNegative SlippageAverage Negative Slippage (pips)*Average Net Slippage (pips)**
AUDUSD59.5%40.5%0.6‐0.3
EURGBP53.6%46.4%1.00.0
EURJPY57.4%42.6%0.60.0
EURUSD48.4%51.6%0.70.1
GBPJPY24.3%75.7%1.10.7
GBPUSD43.0%57.0%1.40.3
NZDUSD59.9%40.1%0.6‐0.2
USDCAD55.1%44.9%1.1-0.1
USDCHF66.2%33.8%0.90.0
USDJPY46.2%53.8%0.60.0
XAGUSD26.6%73.4%35.724.2
XAUUSD34.5%65.5%16.48.4

* Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering



Resting Limit Order Statistics

Currency PairPrice improvementZero SlippageAverage Price Improvement (pips)*Average Net Price Improvement (pips)**
AUDUSD43.7%56.3%0.60.3
EURGBP50.0%50.0%0.40.2
EURJPY45.1%54.9%0.30.1
EURUSD36.5%63.5%0.50.2
GBPJPY43.9%56.1%0.40.2
GBPUSD58.7%41.3%0.80.5
NZDUSD45.4%54.6%0.60.3
USDCAD43.5%56.5%0.60.3
USDCHF45.8%54.2%0.50.2
USDJPY36.5%63.5%0.40.2
XAGUSD57.7%42.3%9.35.4

* Average improvement based on limit orders that were improved. Calculated from the limit order level
** Average improvement based on all limit orders. Calculated from the limit order level

Limit IOC Order Statistics

Currency PairPrice Improvement*Zero Slippage*Negative Slippage*Average Net Slippage (pips)*Average Improvement (pips)**Average Tolerance (pips)Fill Rate***
AUDUSD15.1%71.0%13.9%0.01.31.399.6%
EURGBP17.6%66.8%15.7%0.01.00.999.5%
EURJPY23.1%54.6%22.3%0.023.623.699.8%
EURUSD19.3%61.9%18.8%0.03.03.099.6%
GBPJPY24.2%50.7%25.0%0.01.81.899.1%
GBPUSD18.6%64.1%17.3%0.01.91.999.5%
NZDUSD15.0%71.2%13.8%0.00.80.898.7%
USDCAD17.1%66.0%16.9%0.01.91.999.4%
USDCHF17.4%66.9%15.7%0.01.01.099.8%
USDJPY19.1%61.6%19.3%0.06.86.899.7%
XAGUSD16.3%70.5%13.2%1.121.320.297.2%
XAUUSD26.7%46.6%26.7%0.114.514.499.3%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement
** Calculated from the Limit IOC order level
*** On Limit IOC orders with default price tolerance of 0.01% and above



Limit IOC Order Average Improvement*, by price tolerance setting

Currency Pair0.0 pips*0.1 – 0.2 pips*0.3 – 0.6 pips*0.7 – 1.0 pips*> 1.1 pips*
AUDUSD0.10.10.50.823.3
EURGBP0.20.2-0.912.2
EURJPY0.10.10.31.024.2
EURUSD0.10.20.61.03.2
GBPJPY0.0-0.51.11.8
GBPUSD0.00.20.61.01.9
NZDUSD0.0--0.714.1
USDCAD0.0-0.51.01.9
USDCHF0.0-0.51.03.7
USDJPY0.10.20.61.07.0
0.0 pips*1 - 10 pips*11 - 25 pips*25- 50 pips*> 51 pips*
XAGUSD-2.018.1-170.3
0.0 pips*1 - 10 pips*11 - 20 pips*21- 30 pips*> 31 pips*
XAUUSD0.73.813.125.4350.3

* Calculated from the Limit IOC order level
Note: A hyphen (-) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance.



Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 pips=< 0.2 pips=< 0.6 pips=< 1.0 pipsAll
AUDUSD78.6%85.2%94.4%99.4%99.4%
EURGBP65.6%71.7%71.7%98.0%98.0%
EURJPY72.4%80.7%80.9%83.5%99.3%
EURUSD78.3%83.9%89.8%91.8%99.2%
GBPJPY40.0%40.0%76.9%90.0%99.0%
GBPUSD72.6%78.9%79.6%86.3%99.2%
NZDUSD80.2%80.2%80.2%98.2%98.3%
USDCAD89.0%89.0%89.1%94.0%99.3%
USDCHF81.8%81.8%84.6%99.7%99.7%
USDJPY66.8%84.2%86.1%89.3%99.2%
0.0 pips=< 10 pips=< 25 pips=< 50 pipsAll
XAGUSD-100.0%97.1%97.1%97.2%
0.0 pips=< 10 pips=< 20 pips=< 30 pipsAll
XAUUSD77.6%89.6%98.9%98.9%98.9%


Limit IOC Order Execution Speed

Time in MillisecondsFill Rate
< 5088.6%
< 10096.5%
< 25099.6%
< 50099.9%
< 1000100.0%
Average execution speed33 milliseconds


Resting Stop Order Statistics

Currency PairZero SlippageNegative SlippageAverage Negative Slippage (pips)*Average Net Slippage (pips)**
AUDUSD40.8%59.2%0.70.3
EURGBP50.0%50.0%0.70.2
EURJPY54.5%45.5%0.60.1
EURUSD41.7%58.3%0.70.3
GBPJPY41.8%58.2%3.81.9
GBPUSD30.8%69.2%1.30.8
NZDUSD39.9%60.1%1.00.4
USDCAD39.1%60.9%2.91.6
USDCHF40.6%59.4%1.00.4
USDJPY36.1%63.9%0.80.4
XAGUSD40.9%59.1%30.411.0
XAUUSD31.4%68.6%13.18.0

* Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering.



Resting Limit Order Statistics

Currency PairPrice ImprovementZero SlippageAverage Price Improvement (pips)*Average Net Price Improvement (pips)**
AUDUSD76.5%23.5%0.50.4
EURGBP69.3%30.7%0.40.3
EURJPY69.4%30.6%0.40.3
EURUSD61.3%38.7%0.40.2
GBPJPY66.3%33.7%0.60.4
GBPUSD77.8%22.2%0.70.6
NZDUSD77.4%22.6%0.50.4
USDCAD63.5%36.5%1.00.6
USDCHF71.8%28.2%0.40.3
USDJPY64.5%35.5%0.40.3
XAGUSD72.2%27.8%15.411.1
XAUUSD51.9%48.1%5.22.7

* Average improvement based on limit orders that were improved. Calculated from the limit order level
** Average improvement based on all limit orders. Calculated from the limit order level

Limit IOC Order Statistics

Currency PairPrice Improvement*Zero Slippage*Negative Slippage*Average Net Slippage (pips)*Average Improvement (pips)**Average Tolerance (pips)Fill Rate***
AUDUSD18.8%64.8%16.4%0.00.90.998.7%
EURGBP21.9%57.6%20.4%0.01.11.199.0%
EURJPY25.8%48.7%25.5%0.030.430.499.5%
EURUSD22.8%55.4%21.8%0.03.93.999.0%
GBPJPY26.7%45.5%27.8%0.02.42.499.1%
GBPUSD21.0%57.9%21.2%0.02.32.399.0%
NZDUSD16.9%66.2%16.9%0.00.70.798.6%
USDCAD19.5%61.3%19.2%0.03.83.898.1%
USDCHF18.6%65.2%16.2%0.01.11.099.2%
USDJPY22.3%54.5%23.2%0.07.57.599.4%
XAGUSD19.6%64.3%16.0%1.121.720.696.0%
XAUUSD30.5%40.9%28.5%0.413.212.898.6%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement.
** Calculated from the Limit IOC order level.
*** On Limit IOC orders with default price tolerance of 0.01% and above.

 

Limit IOC Order Average Improvement *, by price tolerance setting

Currency Pair0.0 pips*0.1 – 0.2 pips*0.3 – 0.6 pips*0.7 – 1.0 pips*> 1.1 pips*
AUDUSD0.10.20.50.88.8
EURGBP0.20.1-0.98.5
EURJPY0.10.30.61.030.8
EURUSD0.10.20.61.04.1
GBPJPY0.0-0.40.92.5
GBPUSD0.10.20.41.02.3
NZDUSD0.0--0.75.6
USDCAD0.0--1.03.8
USDCHF0.00.2-1.02.8
USDJPY0.10.30.61.07.7
0.0 pips*1 - 10 pips*11 - 25 pips*25- 50 pips*> 51 pips*
XAGUSD1.74.118.7-218.8
0.0 pips*1 - 10 pips*11 - 20 pips*21- 30 pips*> 31 pips*
XAUUSD1.04.113.429.393.0

* Calculated from the Limit IOC order level.
Note: A hyphen (-) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance.

 

Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 pips=< 0.2 pips=< 0.6 pips=< 1.0 pipsAll
AUDUSD77.6%82.2%86.1%98.4%98.4%
EURGBP69.7%70.6%70.6%97.6%97.7%
EURJPY80.0%80.6%88.2%89.5%99.3%
EURUSD71.2%77.9%85.0%86.6%98.4%
GBPJPY100.0%100.0%100.0%94.7%99.1%
GBPUSD62.3%80.5%83.0%85.9%98.7%
NZDUSD100.0%100.0%100.0%98.6%98.6%
USDCAD55.6%55.6%55.6%94.7%98.0%
USDCHF92.3%95.2%95.2%99.2%99.2%
USDJPY69.6%79.5%82.9%87.0%98.8%
0.0 pips=< 10 pips=< 25 pips=< 50 pipsAll
XAGUSD75.0%86.7%95.7%95.7%95.8%
0.0 pips=< 10 pips=< 20 pips=< 30 pipsAll
XAUUSD80.5%89.9%98.3%98.3%98.3%

 

Limit IOC Order Execution Speed

Time in MillisecondsFill Rate
< 5090.5%
< 10096.6%
< 25099.7%
< 50099.9%
< 1000100.0%
Average execution speed30 milliseconds

 

Resting Stop Order Statistics

Currency PairZero SlippageNegative SlippageAverage Negative Slippage (pips)*Average Net Slippage (pips)**
AUDUSD60.7%39.3%0.40.2
EURGBP56.2%43.8%0.50.2
EURJPY48.8%51.2%0.50.2
EURUSD55.2%44.8%0.80.3
GBPJPY42.7%57.3%0.70.4
GBPUSD45.6%54.4%0.70.4
NZDUSD47.9%52.1%0.40.2
USDCAD44.4%55.6%3.31.8
USDCHF46.7%53.3%0.60.3
USDJPY57.8%42.2%0.70.3
XAGUSD28.0%72.0%17.011.7
XAUUSD42.5%57.5%15.18.0

* Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering.
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering.

 

Resting Limit Order Statistics

Currency PairPrice improvementZero SlippageAverage Price Improvement (pips)*Average Net Price Improvement (pips)**
AUDUSD23.0%77.0%0.30.1
EURGBP25.9%74.1%0.40.1
EURJPY29.8%70.2%0.50.2
EURUSD27.5%72.5%0.60.2
GBPJPY45.9%54.1%0.60.3
GBPUSD39.3%60.7%0.50.2
NZDUSD31.0%69.0%0.30.1
USDCAD42.8%57.2%1.30.6
USDCHF39.0%61.0%0.40.2
USDJPY27.0%73.0%0.60.2
XAGUSD68.5%31.5%9.26.3
XAUUSD51.4%48.6%12.86.6

* Average improvement based on limit orders that were improved. Calculated from the limit order level.
** Average improvement based on all limit orders. Calculated from the limit order level.

Limit IOC Order Statistics

Currency PairPrice Improvement*Zero Slippage*Negative Slippage*Average Net Slippage (pips)*Average Improvement (pips)**Average Tolerance (pips)Fill Rate***
AUDUSD14.9%70.4%14.7%0.00.90.999.2%
EURGBP17.9%63.6%18.5%0.01.21.299.5%
EURJPY25.2%48.2%26.6%0.022.722.799.6%
EURUSD21.3%57.4%21.3%0.02.92.999.2%
GBPJPY25.5%48.9%25.6%0.01.81.899.5%
GBPUSD17.8%64.1%18.1%0.01.81.899.5%
NZDUSD17.3%68.6%14.1%0.00.70.798.9%
USDCAD19.6%61.0%19.4%0.04.14.099.4%
USDCHF16.1%68.0%15.9%0.01.11.199.3%
USDJPY21.2%57.4%21.4%0.05.45.499.5%
XAGUSD20.3%64.9%14.8%1.920.218.394.5%
XAUUSD28.7%42.7%28.6%0.214.414.298.6%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement.
**Calculated from the Limit IOC order level.
*** On Limit IOC orders with default price tolerance of 0.01% and above.

 

Limit IOC Order Average Improvement*, by price tolerance setting

Currency Pair0.0 pips*0.1 – 0.2 pips*0.3 – 0.6 pips*0.7 – 1.0 pips*> 1.1 pips*
AUDUSD0.00.20.50.814.0
EURGBP0.0--0.913.3
EURJPY0.10.10.51.023.2
EURUSD0.10.20.61.03.0
GBPJPY0.0--1.01.8
GBPUSD0.10.20.41.01.9
NZDUSD0.0--0.77.9
USDCAD0.00.20.31.04.1
USDCHF0.00.2-1.03.6
USDJPY0.10.20.50.95.5
0.0 pips*1 - 10 pips*11 - 25 pips*25- 50 pips*> 51 pips*
XAGUSD2.55.618.9-253.4
0.0 pips*1 - 10 pips*11 - 20 pips*21- 30 pips*> 31 pips*
XAUUSD0.73.813.227.0266.8

* Calculated from the Limit IOC order level.
Note: A hyphen (-) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance.

 

Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 pips=< 0.2 pips=< 0.6 pips=< 1.0 pipsAll
AUDUSD82.9%88.7%89.3%98.9%98.9%
EURGBP65.1%65.1%65.1%98.8%98.9%
EURJPY71.7%72.9%74.4%77.6%98.7%
EURUSD74.5%80.3%85.1%86.0%98.7%
GBPJPY100.0%100.0%100.0%100.0%99.5%
GBPUSD61.4%75.2%78.6%80.3%98.9%
NZDUSD76.5%76.5%76.5%98.7%98.7%
USDCAD61.5%58.8%74.1%90.9%99.3%
USDCHF73.7%84.2%84.2%99.0%99.1%
USDJPY66.4%76.6%78.4%80.5%98.7%
0.0 pips=< 10 pips=< 25 pips=< 50 pipsAll
XAGUSD100.0%90.4%94.4%94.4%94.4%
0.0 pips=< 10 pips=< 20 pips=< 30 pipsAll
XAUUSD72.6%85.8%98.3%98.3%98.3%

 

Limit IOC Order Execution Speed

Time in MillisecondsFill Rate
< 5091.3%
< 10096.9%
< 25099.7%
< 50099.9%
< 1000100.0%
Average execution speed28 milliseconds

 

Resting Stop Order Statistics

Currency PairZero SlippageNegative SlippageAverage Negative Slippage (pips)*Average Net Slippage (pips)**
AUDUSD60.0%40.0%0.50.2
EURGBP64.7%35.3%0.40.2
EURJPY55.1%44.9%0.70.3
EURUSD58.6%41.4%0.70.3
GBPJPY44.9%55.1%1.10.6
GBPUSD47.7%52.3%0.90.5
NZDUSD51.2%48.8%0.90.5
USDCAD50.1%49.9%0.70.3
USDCHF50.2%49.8%0.40.2
USDJPY56.1%43.9%0.80.3
XAGUSD34.5%65.5%22.313.0
XAUUSD35.4%64.6%31.320.2

* Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering.
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering.

 

Resting Limit Order Statistics

Currency PairPrice ImprovementZero SlippageAverage Price Improvement (pips)*Average Net Price Improvement (pips)**
AUDUSD29.5%70.5%0.30.1
EURGBP32.7%67.3%0.30.1
EURJPY38.5%61.5%0.50.2
EURUSD34.7%65.3%0.60.2
GBPJPY51.4%48.6%0.70.3
GBPUSD47.6%52.4%0.50.2
NZDUSD35.0%65.0%0.30.1
USDCAD40.4%59.6%0.40.1
USDCHF44.1%55.9%0.40.2
USDJPY32.3%67.7%0.60.2
XAGUSD70.8%29.2%17.812.6
XAUUSD60.2%39.8%27.416.5

* Average improvement based on limit orders that were improved. Calculated from the limit order level.
** Average improvement based on all limit orders. Calculated from the limit order level.

Limit IOC Order Statistics

Currency PairPrice Improvement*Zero Slippage*Negative Slippage*Average Net Slippage (pips)*Average Improvement (pips)**Average Tolerance (pips)Fill Rate***
AUDUSD16.0%68.4%15.7%0.01.11.199.1%
EURGBP17.7%63.6%18.7%0.01.01.098.9%
EURJPY27.2%44.5%28.3%0.026.626.698.7%
EURUSD21.6%56.8%21.6%0.03.13.199.1%
GBPJPY27.0%46.0%27.0%0.02.62.699.1%
GBPUSD19.1%61.4%19.5%0.01.51.599.7%
NZDUSD16.7%67.6%15.7%0.00.90.998.1%
USDCAD19.5%61.1%19.4%0.04.34.399.2%
USDCHF18.9%63.9%17.3%0.01.01.099.6%
USDJPY20.9%58.2%20.9%0.03.33.399.6%
XAGUSD16.1%70.6%13.4%1.318.517.295.7%
XAUUSD25.5%50.1%24.4%0.227.727.599.1%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement.
**Calculated from the Limit IOC order level.
*** On Limit IOC orders with default price tolerance of 0.01% and above.

 

Limit IOC Order Average Improvement*, by price tolerance setting

Currency Pair0.0 pips*0.1 – 0.2 pips*0.3 – 0.6 pips*0.7 – 1.0 pips*> 1.1 pips*
AUDUSD0.00.20.40.819.4
EURGBP0.0--0.97.2
EURJPY0.10.20.51.126.6
EURUSD0.10.20.61.03.2
GBPJPY0.0-0.51.12.6
GBPUSD0.10.20.30.91.5
NZDUSD0.0--0.721.3
USDCAD0.10.20.41.04.4
USDCHF0.10.2-1.02.9
USDJPY0.10.20.61.03.4
 0.0 pips*1 - 10 pips*11 - 25 pips*25- 50 pips*> 51 pips*
XAGUSD0.08.317.437.8209.5
 0.0 pips*1 - 10 pips*11 - 20 pips*21- 30 pips*> 31 pips*
XAUUSD0.67.712.424.41064.0

* Calculated from the Limit IOC order level.
Note: A hyphen (-) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance.

 

Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 pips=< 0.2 pips=< 0.6 pips=< 1.0 pipsAll
AUDUSD72.2%86.8%89.4%98.8%98.8%
EURGBP79.6%79.6%79.6%98.6%98.6%
EURJPY69.1%70.9%72.4%72.2%98.3%
EURUSD73.1%77.8%81.4%83.8%98.6%
GBPJPY75.0%75.0%83.3%92.9%99.1%
GBPUSD62.8%82.5%84.9%86.9%99.1%
NZDUSD60.0%60.0%60.0%97.7%97.7%
USDCAD65.7%67.7%70.7%82.4%98.9%
USDCHF57.1%85.2%85.2%99.5%99.5%
USDJPY71.2%81.3%82.4%86.7%99.1%
0.0 pips=< 10 pips=< 25 pips=< 50 pipsAll
XAGUSD100.0%85.0%95.7%95.7%95.7%
0.0 pips=< 10 pips=< 20 pips=< 30 pipsAll
XAUUSD89.0%91.0%98.9%98.9%98.9%

 

Limit IOC Order Execution Speed

Time in MillisecondsFill Rate
< 5090.6%
< 10096.5%
< 25099.5%
< 50099.9%
< 100099.9%
Average execution speed29 milliseconds

 

Resting Stop Order Statistics

Currency PairZero SlippageNegative SlippageAverage Negative Slippage (pips)*Average Net Slippage (pips)**
AUDUSD74.7%25.2%0.40.1
EURGBP73.7%26.3%0.40.1
EURJPY76.2%23.8%0.50.1
EURUSD78.7%21.2%0.70.1
GBPJPY58.5%41.5%0.30.1
GBPUSD60.8%39.2%1.00.4
NZDUSD71.6%28.4%0.50.1
USDCAD70.0%30.0%0.70.2
USDCHF72.9%27.1%0.40.1
USDJPY78.9%21.1%0.70.1
XAGUSD30.6%69.4%40.728.3
XAUUSD50.4%49.6%12.06.0

* Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering.
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering.

 

Resting Limit Order Statistics

Currency PairPrice ImprovementZero SlippageAverage Price Improvement (pips)*Average Net Price Improvement (pips)**
AUDUSD24.6%75.4%0.30.1
EURGBP22.8%77.2%0.30.1
EURJPY23.2%76.8%0.40.1
EURUSD22.4%77.6%0.80.2
GBPJPY37.8%62.2%0.30.1
GBPUSD38.2%61.8%0.60.2
NZDUSD26.9%73.1%1.80.5
USDCAD29.6%70.4%0.30.1
USDCHF22.7%77.3%0.90.2
USDJPY23.8%76.2%0.70.2
XAGUSD61.6%38.4%77.447.6
XAUUSD48.6%51.4%14.87.2

* Average improvement based on limit orders that were improved. Calculated from the limit order level.
** Average improvement based on all limit orders.

Limit IOC Order Statistics

Currency PairPrice Improvement*Zero Slippage*Negative Slippage*Average Net Slippage (pips)*Average Improvement (pips)**Average Tolerance (pips)Fill Rate***
AUDUSD15.4%69.8%14.8%0.00.90.999.6%
EURGBP19.3%60.6%20.1%0.02.82.898.8%
EURJPY26.1%48.1%25.8%0.030.330.399.3%
EURUSD20.8%59.1%20.1%0.03.53.599.3%
GBPJPY28.3%44.0%27.7%0.03.23.298.7%
GBPUSD22.3%56.1%21.6%0.01.61.698.7%
NZDUSD13.4%73.3%13.3%0.00.80.899.1%
USDCAD17.1%66.4%16.4%0.01.71.799.6%
USDCHF16.0%68.0%16.0%0.01.01.099.5%
USDJPY20.6%58.1%21.4%0.03.53.599.5%
XAGUSD16.9%70.1%13.0%1.423.522.196.1%
XAUUSD25.9%49.3%24.8%0.319.819.598.8%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement
** Calculated from the Limit IOC order level
*** On Limit IOC orders with default price tolerance of 0.01% and above

 

Limit IOC Order Average Improvement*, by price tolerance setting

Currency Pair0.0 pips*0.1 – 0.2 pips*0.3 – 0.6 pips*0.7 – 1.0 pips*> 1.1 pips*
AUDUSD0.10.20.50.86.4
EURGBP0.1--0.956.0
EURJPY0.10.30.50.930.8
EURUSD0.10.20.61.03.6
GBPJPY0.1-0.71.03.3
GBPUSD0.10.40.41.01.7
NZDUSD0.0--0.744.3
USDCAD0.1--0.91.7
USDCHF0.00.2-1.02.6
USDJPY0.10.20.61.03.6
 0.0 pips*1 - 10 pips*11 - 25 pips*25- 50 pips*> 51 pips*
XAGUSD1.910.918.5-552.6
 0.0 pips*1 - 10 pips*11 - 20 pips*21- 30 pips*> 31 pips*
XAUUSD1.36.213.125.5748.6

* Calculated from the Limit IOC order level
Note: A hyphen (-) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance

 

Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 pips=< 0.2 pips=< 0.6 pips=< 1.0 pipsAll
AUDUSD67.9%79.2%80.8%98.9%98.9%
EURGBP79.3%79.3%79.3%98.6%98.6%
EURJPY75.9%77.7%78.0%80.9%98.9%
EURUSD71.4%77.2%80.3%82.9%98.6%
GBPJPY100.0%100.0%100.0%98.8%98.7%
GBPUSD66.7%81.1%83.7%85.4%97.8%
NZDUSD79.3%79.3%79.3%99.0%99.0%
USDCAD85.7%85.7%85.7%97.7%99.6%
USDCHF84.6%92.5%92.5%99.4%99.2%
USDJPY72.4%81.9%83.6%87.7%99.0%
 0.0 pips=< 10 pips=< 25 pips=< 50 pipsAll
XAGUSD82.4%83.1%95.6%95.6%95.7%
 0.0 pips=< 10 pips=< 20 pips=< 30 pipsAll
XAUUSD71.8%87.1%98.6%98.6%98.6%

 

Limit IOC Order Execution Speed

Time in MillisecondsFill Rate
< 5092.2%
< 10097.3%
< 25099.6%
< 50099.9%
< 1000100.0%
Average execution speed27 milliseconds

 

Resting Stop Order Statistics

Currency PairZero SlippageNegative SlippageAverage Negative Slippage (pips)*Average Net Slippage (pips)**
AUDUSD80.1%19.9%0.40.1
EURGBP66.6%33.4%13.74.6
EURJPY79.7%20.3%0.30.1
EURUSD78.5%21.5%0.40.1
GBPJPY63.1%36.9%7.02.6
GBPUSD59.4%40.6%10.94.4
NZDUSD75.6%24.4%2.20.5
USDCAD71.1%28.9%0.40.1
USDCHF78.5%21.5%0.20.0
USDJPY82.9%17.1%0.50.1
XAGUSD18.3%81.5%23.719.1
XAUUSD49.3%50.7%12.06.1

* Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering

 

Resting Limit Order Statistics

Currency PairPrice ImprovementZero SlippageAverage Price Improvement (pips)*Average Net Price Improvement (pips)**
AUDUSD28.1%71.9%1.00.3
EURGBP31.7%68.3%9.02.9
EURJPY21.3%78.7%1.30.3
EURUSD23.3%76.7%0.80.2
GBPJPY40.0%60.0%12.24.9
GBPUSD41.8%58.2%9.23.8
NZDUSD25.1%74.9%1.50.4
USDCAD28.6%71.4%0.90.2
USDCHF25.1%74.9%0.50.1
USDJPY20.3%79.7%1.10.2
XAGUSD70.2%29.8%41.529.1
XAUUSD49.4%50.6%12.05.9

* Average improvement based on limit orders that were improved. Calculated from the limit order level
** Average improvement based on all limit orders. Calculated from the limit order level

Limit IOC Order Statistics

Currency PairPrice Improvement*Zero Slippage*Negative Slippage*Average Net Slippage (pips)*Average Improvement (pips)**Average Tolerance (pips)Fill Rate***
AUDUSD14.9%71.4%13.7%0.01.01.099.4%
EURGBP18.4%62.9%18.7%0.00.90.999.5%
EURJPY24.0%51.1%24.9%0.046.546.599.6%
EURUSD18.4%63.4%18.2%0.05.45.499.7%
GBPJPY24.6%50.3%25.1%0.03.33.399.0%
GBPUSD19.9%60.1%20.1%0.01.41.499.3%
NZDUSD12.2%75.0%12.8%0.01.01.099.3%
USDCAD17.7%64.5%17.8%0.01.51.599.7%
USDCHF13.5%72.4%14.2%0.01.11.199.7%
USDJPY20.1%58.7%21.2%0.04.74.799.6%
XAGUSD15.5%72.5%12.1%1.522.020.595.2%
XAUUSD26.2%47.8%26.0%0.219.919.798.9%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement
** Calculated from the Limit IOC order level
*** On Limit IOC orders with default price tolerance of 0.01% and above

Limit IOC Order Average Improvement*, by price tolerance setting

Currency Pair0.0 pips*0.1 – 0.2 pips*0.3 – 0.6 pips*0.7 – 1.0 pips*> 1.1 pips*
AUDUSD0.00.10.50.718.5
EURGBP0.0-0.40.93.2
EURJPY0.10.10.40.947.0
EURUSD0.10.20.61.05.5
GBPJPY0.0-0.41.13.4
GBPUSD0.10.20.50.91.5
NZDUSD0.1--0.748.6
USDCAD0.0-0.71.01.5
USDCHF0.00.2-1.05.9
USDJPY0.10.20.60.94.9
 0.0 pips*1 - 10 pips*11 - 25 pips*25- 50 pips*> 51 pips*
XAGUSD2.45.818.152.0350.5
 0.0 pips*1 - 10 pips*11 - 20 pips*21- 30 pips*> 31 pips*
XAUUSD0.54.612.724.9833.8

* Calculated from the Limit IOC order level
Note: A hyphen (-) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance

Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 pips=< 0.2 pips=< 0.6 pips=< 1.0 pipsAll
AUDUSD83.5%86.8%88.7%99.1%99.2%
EURGBP76.9%76.9%77.8%99.3%99.5%
EURJPY78.5%82.4%89.4%90.1%99.6%
EURUSD71.8%77.1%83.4%85.7%99.6%
GBPJPY91.7%91.7%97.8%98.5%99.1%
GBPUSD77.3%86.9%91.4%92.1%99.2%
NZDUSD81.0%81.0%81.0%99.2%99.3%
USDCAD77.8%77.8%78.9%95.3%99.7%
USDCHF72.0%73.1%73.1%99.6%99.7%
USDJPY66.8%74.5%78.0%83.5%99.4%
 0.0 pips=< 10 pips=< 25 pips=< 50 pipsAll
XAGUSD97.1%88.5%95.8%95.9%96.0%
 0.0 pips=< 10 pips=< 20 pips=< 30 pipsAll
XAUUSD82.9%93.0%98.8%98.8%98.9%

Limit IOC Order Execution Speed

Time in MillisecondsFill Rate
< 5090.3%
< 10096.7%
< 25099.7%
< 50099.9%
< 1000100.0%
Average execution speed29 milliseconds

Resting Stop Order Statistics

Currency PairZero SlippageNegative SlippageAverage Negative Slippage (pips)*Average Net Slippage (pips)**
AUDUSD75.7%24.3%0.40.1
EURGBP79.3%20.7%0.30.1
EURJPY80.5%19.5%0.30.1
EURUSD83.1%16.9%0.70.1
GBPJPY58.1%41.9%0.40.1
GBPUSD71.3%28.7%0.40.1
NZDUSD70.4%29.6%2.40.7
USDCAD76.8%23.2%0.20.1
USDCHF81.8%18.2%0.20.0
USDJPY85.2%14.8%0.40.1
XAGUSD29.1%70.3%23.116.1
XAUUSD46.3%53.6%11.36.1

* Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering

Resting Limit Order Statistics

Currency PairPrice ImprovementZero SlippageAverage Price Improvement (pips)*Average Net Price Improvement (pips)**
AUDUSD24.1%75.9%0.20.1
EURGBP17.8%82.2%0.20.0
EURJPY18.7%81.3%0.20.0
EURUSD18.8%81.2%0.20.0
GBPJPY35.6%64.4%0.40.1
GBPUSD34.6%65.4%0.40.1
NZDUSD25.7%74.3%0.30.1
USDCAD21.5%78.5%0.20.0
USDCHF21.4%78.6%0.20.1
USDJPY17.3%82.7%0.30.1
XAGUSD61.0%39.0%33.020.1
XAUUSD48.3%51.7%12.15.8

* Average improvement based on limit orders that were improved. Calculated from the limit order level
** Average improvement based on all limit orders. Calculated from the limit order level

Limit IOC Order Statistics

Currency PairPrice Improvement*Zero Slippage*Negative Slippage*Average Net Slippage (pips)*Average Improvement (pips)**Average Tolerance (pips)Fill Rate***
AUDUSD14.3%72.4%13.3%0.01.01.099.5%
EURGBP19.5%61.4%19.1%0.00.90.999.3%
EURJPY24.9%50.3%24.8%0.01.41.499.1%
EURUSD18.2%64.0%17.9%0.01.41.399.3%
GBPJPY26.5%47.3%26.2%0.02.12.199.1%
GBPUSD20.2%59.8%20.0%0.01.31.399.0%
NZDUSD13.3%75.8%10.8%0.00.70.799.8%
USDCAD17.1%65.7%17.2%0.01.51.599.5%
USDCHF13.8%69.7%16.5%0.01.11.199.6%
USDJPY21.5%56.2%22.3%0.02.32.399.4%
XAGUSD16.7%70.8%12.5%1.719.317.695.8%
XAUUSD28.9%44.3%26.8%0.427.427.098.5%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement 
** Calculated from the Limit IOC order level
*** On Limit IOC orders with default price tolerance of 0.01% and above



Limit IOC Order Average Improvement *, by price tolerance setting

Currency Pair0.0 pips*0.1 – 0.2 pips*0.3 – 0.6 pips*0.7 – 1.0 pips*> 1.1 pips*
AUDUSD0.00.20.50.84.1
EURGBP0.00.10.50.91.4
EURJPY0.10.10.60.91.5
EURUSD0.10.20.60.91.5
GBPJPY0.10.00.41.02.2
GBPUSD0.20.20.61.01.4
NZDUSD0.00.20.50.81.2
USDCAD0.00.40.61.01.5
USDCHF-0.20.51.01.7
USDJPY0.00.20.60.92.5
0.0 pips*1 - 10 pips*11 - 25 pips*25- 50 pips*> 51 pips*
XAGUSD5.910.219.5-142.0
0.0 pips*1 - 10 pips*11 - 20 pips*21- 30 pips*> 31 pips*
XAUUSD1.26.013.325.0912.0

* Calculated from the Limit IOC order level
Note: A hyphen (-) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance



Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 pips=< 0.2 pips=< 0.6 pips=< 1.0 pipsAll
AUDUSD86.2%79.4%93.3%98.6%98.8%
EURGBP66.7%75.8%91.9%98.3%98.6%
EURJPY68.6%71.3%72.0%96.1%99.0%
EURUSD73.3%70.0%82.3%92.5%98.5%
GBPJPY68.2%69.6%78.4%94.4%99.0%
GBPUSD72.7%79.8%85.6%94.5%98.6%
NZDUSD91.7%92.9%97.5%99.3%99.5%
USDCAD70.4%72.4%81.4%98.0%99.5%
USDCHF0.0%75.0%95.6%99.1%99.3%
USDJPY69.1%70.5%78.1%91.6%99.1%
 0.0 pips=< 10 pips=< 25 pips=< 50 pipsAll
XAGUSD70.8%76.1%94.9%94.9%95.2%
0.0 pips=< 10 pips=< 20 pips=< 30 pipsAll
XAUUSD85.7%88.2%98.4%98.4%98.5%



Limit IOC Order Execution Speed

Time in MillisecondsFill Rate
< 5088.5%
< 10095.3%
< 25099.6%
< 50099.9%
< 1000100.0%
Average execution speed32



Resting Stop Order Statistics

Currency PairZero SlippageNegative SlippageAverage Negative Slippage (pips)*Average Net Slippage (pips)**
AUDUSD78.7%21.3%0.50.1
EURGBP77.9%22.1%0.30.1
EURJPY78.5%21.5%0.20.0
EURUSD79.9%20.1%0.30.1
GBPJPY65.1%34.9%0.30.1
GBPUSD65.5%34.5%0.30.1
NZDUSD77.5%22.5%0.30.1
USDCAD69.4%30.6%0.40.1
USDCHF77.4%22.6%0.70.2
USDJPY83.3%16.7%0.60.1
XAGUSD47.0%53.0%52.828.0
XAUUSD49.1%50.9%34.417.5

* Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering



Resting Limit Order Statistics

Currency PairPrice ImprovementZero SlippageAverage Price Improvement (pips)*Average Net Price Improvement (pips)**
AUDUSD29.4%70.6%0.70.2
EURGBP26.0%74.0%1.00.2
EURJPY25.0%75.0%4.91.2
EURUSD22.5%77.5%1.80.4
GBPJPY34.3%65.7%2.81.0
GBPUSD34.6%65.4%0.60.2
NZDUSD28.7%71.3%0.40.1
USDCAD27.2%72.8%0.90.3
USDCHF21.6%78.4%1.90.4
USDJPY21.5%78.5%1.30.3
XAGUSD67.0%33.0%43.329.0
XAUUSD53.8%46.2%17.39.3

* Average improvement based on limit orders that were improved. Calculated from the limit order level
** Average improvement based on all limit orders. Calculated from the limit order level

Limit IOC Order Statistics

Currency PairPrice Improvement*Zero Slippage*Negative Slippage*Average Net Slippage (pips)*Average Improvement (pips)**Average Tolerance (pips)Fill Rate***
AUDUSD18.1%64.9%17.0%0.01.11.199.1%
EURGBP20.4%58.9%20.7%0.00.90.999.3%
EURJPY24.3%51.0%24.7%0.01.51.599.5%
EURUSD19.6%61.5%18.9%0.01.31.399.4%
GBPJPY27.1%47.1%25.8%0.01.71.798.8%
GBPUSD23.1%55.7%21.2%0.01.61.699.0%
NZDUSD15.9%68.6%15.6%0.00.70.798.8%
USDCAD17.7%64.6%17.7%0.01.41.499.6%
USDCHF15.7%69.8%14.5%0.01.21.299.7%
USDJPY23.0%54.5%22.4%0.01.61.699.3%
XAGUSD18.6%67.5%13.8%1.821.820.095.7%
XAUUSD29.0%43.5%27.6%0.316.316.098.5%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement 
** Calculated from the Limit IOC order level
*** On Limit IOC orders with default price tolerance of 0.01% and above



Limit IOC Order Average Improvement *, by price tolerance setting

Currency Pair0.0 pips*0.1 – 0.2 pips*0.3 – 0.6 pips*0.7 – 1.0 pips*> 1.1 pips*
AUDUSD0.10.20.50.822.9
EURGBP0.10.1-0.96.1
EURJPY0.00.4-1.01.5
EURUSD0.10.20.61.01.3
GBPJPY0.1-0.60.81.7
GBPUSD0.10.20.71.11.7
NZDUSD0.00.1-0.72.1
USDCAD0.1--1.01.4
USDCHF0.00.2-1.03.1
USDJPY0.10.20.61.01.7
 0.0 pips*1 - 10 pips*11 - 25 pips*25- 50 pips*> 51 pips*
XAGUSD4.59.319.4-1135.4
 0.0 pips*1 - 10 pips*11 - 20 pips*21- 30 pips*> 31 pips*
XAUUSD1.25.512.622.8374.4

* Calculated from the Limit IOC order level
Note: A hyphen (-) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance



Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 pips=< 0.2 pips=< 0.6 pips=< 1.0 pipsAll
AUDUSD73.5%76.5%78.0%98.1%99.0%
EURGBP72.6%73.0%73.0%98.7%99.3%
EURJPY84.6%81.3%81.3%92.5%99.5%
EURUSD75.3%77.7%79.7%85.1%99.2%
GBPJPY92.3%92.3%96.6%96.9%98.8%
GBPUSD68.9%77.4%82.2%83.3%98.5%
NZDUSD70.7%73.5%73.5%98.5%98.8%
USDCAD71.2%71.2%71.2%75.8%99.6%
USDCHF85.7%93.8%93.8%99.6%99.7%
USDJPY62.3%67.2%73.1%78.8%99.0%
 0.0 pips=< 10 pips=< 25 pips=< 50 pipsAll
XAGUSD79.5%81.4%95.5%95.5%95.7%
 0.0 pips=< 10 pips=< 20 pips=< 30 pipsAll
XAUUSD79.2%82.1%98.3%98.3%98.5%



Resting Stop Order Statistics

Currency PairZero SlippageNegative SlippageAverage Negative Slippage (pips)*Average Net Slippage (pips)**
AUDUSD78.2%21.8%0.60.1
EURGBP74.0%26.0%0.60.2
EURJPY76.8%23.2%2.50.6
EURUSD79.1%20.9%0.50.1
GBPJPY63.7%36.3%0.60.2
GBPUSD64.2%35.8%0.40.1
NZDUSD72.3%27.7%1.30.4
USDCAD74.5%25.5%0.50.1
USDCHF77.9%22.1%0.30.1
USDJPY83.1%16.9%0.60.1
XAGUSD53.9%45.9%45.320.3
XAUUSD47.8%52.2%14.67.6

* Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering



Resting Limit Order Statistics

Currency PairPrice ImprovementZero SlippageAverage Price Improvement (pips)*Average Net Price Improvement (pips)**
AUDUSD23.5%76.5%0.30.1
EURGBP22.2%77.8%0.30.1
EURJPY18.4%81.6%0.30.1
EURUSD19.6%80.4%0.30.1
GBPJPY33.3%66.7%0.30.1
GBPUSD34.2%65.8%0.30.1
NZDUSD24.9%75.1%0.20.1
USDCAD20.0%80.0%0.30.1
USDCHF20.0%80.0%0.40.1
USDJPY16.8%83.2%0.50.1
XAGUSD60.0%40.0%31.418.8
XAUUSD50.5%49.5%10.55.3

* Average improvement based on limit orders that were improved. Calculated from the limit order level
** Average improvement based on all limit orders. Calculated from the limit order level

Limit IOC Order Statistics

Currency PairPrice Improvement*Zero Slippage*Negative Slippage*Average Net Slippage (pips)*Average Improvement (pips)**Average Tolerance (pips)Fill Rate***
AUDUSD18.5%63.1%18.4%0.00.80.899.3%
EURGBP22.6%56.1%21.3%0.00.90.998.7%
EURJPY25.0%49.0%26.0%0.01.31.399.7%
EURUSD19.8%60.3%19.8%0.01.21.299.5%
GBPJPY29.7%39.9%30.4%0.01.81.898.6%
GBPUSD23.7%52.8%23.5%0.01.41.498.6%
NZDUSD16.5%66.7%16.8%0.00.70.798.7%
USDCAD18.5%62.5%19.0%0.01.41.499.7%
USDCHF16.9%66.3%16.8%0.01.01.099.5%
USDJPY23.1%53.0%23.9%0.01.51.599.1%
XAGUSD16.4%70.7%12.9%0.725.524.896.8%
XAUUSD28.7%43.1%28.2%0.112.612.698.3%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement 
** Calculated from the Limit IOC order level
*** On Limit IOC orders with default price tolerance of 0.01% and above



Limit IOC Order Average Improvement *, by price tolerance setting

Currency Pair0.0 pips*0.1 – 0.2 pips*0.3 – 0.6 pips*0.7 – 1.0 pips*> 1.1 pips*
AUDUSD0.10.10.40.842.2
EURGBP0.1--0.95.7
EURJPY0.1--1.11.3
EURUSD0.10.20.51.01.3
GBPJPY0.00.40.71.01.8
GBPUSD0.10.20.71.01.4
NZDUSD0.1--0.72.9
USDCAD0.0--1.01.4
USDCHF0.10.2-1.03.9
USDJPY0.10.20.51.01.6
 0.0 pips*1 - 10 pips*11 - 25 pips*25- 50 pips*> 51 pips*
XAGUSD1.73.418.535.05451.8
 0.0 pips*1 - 10 pips*11 - 20 pips*21- 30 pips*> 31 pips*
XAUUSD0.74.312.323.860.3

* Calculated from the Limit IOC order level
Note: A hyphen (-) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance



Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 pips=< 0.2 pips=< 0.6 pips=< 1.0 pipsAll
AUDUSD77.5%80.5%81.1%98.6%99.1%
EURGBP84.3%84.3%84.3%98.6%98.8%
EURJPY38.5%38.5%38.5%52.9%99.7%
EURUSD67.6%73.2%75.9%90.2%99.3%
GBPJPY81.8%83.8%84.6%93.4%98.6%
GBPUSD68.6%76.9%77.2%78.8%98.3%
NZDUSD90.0%90.0%90.0%98.6%98.7%
USDCAD85.7%85.7%85.7%98.9%99.7%
USDCHF85.7%90.9%90.9%99.5%99.5%
USDJPY75.6%77.0%79.4%87.3%98.9%
 0.0 pips=< 10 pips=< 25 pips=< 50 pipsAll
XAGUSD82.8%83.8%96.6%96.6%96.9%
 0.0 pips=< 10 pips=< 20 pips=< 30 pipsAll
XAUUSD78.6%82.8%98.1%98.1%98.2%


Resting Stop Order Statistics

Currency PairZero SlippageNegative SlippageAverage Negative Slippage (pips)*Average Net Slippage (pips)**
AUDUSD79.2%20.8%0.30.1
EURGBP72.9%27.1%0.20.1
EURJPY79.7%20.3%0.20.0
EURUSD79.9%20.1%0.60.1
GBPJPY62.1%37.9%0.30.1
GBPUSD66.4%33.6%0.30.1
NZDUSD74.2%25.8%0.30.1
USDCAD69.6%30.4%1.80.5
USDCHF73.6%26.4%0.50.1
USDJPY80.1%19.9%0.50.1
XAGUSD62.8%37.2%37.714.1
XAUUSD47.7%52.3%34.017.8

* Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering



Resting Limit Order Statistics

Currency PairPrice ImprovementZero SlippageAverage Price Improvement (pips)*Average Net Price Improvement (pips)**
AUDUSD24.3%75.7%0.30.1
EURGBP27.3%72.7%0.40.1
EURJPY22.9%77.1%0.40.1
EURUSD24.3%75.7%0.40.1
GBPJPY39.8%60.2%0.40.2
GBPUSD34.6%65.4%0.40.1
NZDUSD24.2%75.8%0.40.1
USDCAD34.1%65.9%1.30.4
USDCHF37.5%62.5%0.30.1
USDJPY20.7%79.3%0.40.1
XAGUSD61.2%38.8%25.515.6
XAUUSD51.3%48.7%20.710.7

* Average improvement based on limit orders that were improved. Calculated from the limit order level
** Average improvement based on all limit orders. Calculated from the limit order level

Limit IOC Order Statistics

Currency PairPrice Improvement*Zero Slippage*Negative Slippage*Average Net Slippage (pips)*Average Improvement (pips)**Average Tolerance (pips)Fill Rate***
AUDUSD25.7%51.0%23.3%0.01.41.499.2%
EURGBP27.7%46.9%25.5%0.00.90.997.6%
EURJPY28.5%41.1%30.4%0.01.31.399.1%
EURUSD26.7%48.0%25.3%0.01.31.298.7%
GBPJPY31.7%33.4%34.9%0.01.51.697.8%
GBPUSD25.6%47.3%27.2%0.01.21.297.8%
NZDUSD21.5%57.3%21.2%0.00.70.798.4%
USDCAD25.1%50.9%24.0%0.01.31.398.9%
USDCHF23.3%52.3%24.4%0.01.01.098.7%
USDJPY28.3%41.8%29.9%0.01.51.597.7%
XAGUSD23.7%59.4%16.9%1.218.317.193.5%
XAUUSD30.3%37.8%31.9%0.012.112.298.0%

* Calculated from the indicative market price available in the client Quick Trade window at the time of order placement 
** Calculated from the Limit IOC order level
*** On Limit IOC orders with default price tolerance of 0.01% and above



Limit IOC Order Average Improvement *, by price tolerance setting

Currency Pair0.0 pips*0.1 – 0.2 pips*0.3 – 0.6 pips*0.7 – 1.0 pips*> 1.1 pips*
AUDUSD0.00.1-0.8145.1
EURGBP0.0--0.96.5
EURJPY--0.5-1.3
EURUSD0.00.10.51.01.3
GBPJPY-0.10.5-1.6
GBPUSD0.00.10.51.01.2
NZDUSD0.0--0.73.0
USDCAD0.0--1.01.3
USDCHF0.0--1.02.0
USDJPY0.00.10.61.01.5
 0.0 pips*1 - 10 pips*11 - 25 pips*25- 50 pips*> 51 pips*
XAGUSD--17.0-85.9
 0.0 pips*1 - 10 pips*11 - 20 pips*21- 30 pips*> 31 pips*
XAUUSD0.04.812.024.059.0

* Calculated from the Limit IOC order level
Note: A hyphen (-) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance



Limit IOC Order Fill Rate, by price tolerance setting

Currency Pair0.0 pips=< 0.2 pips=< 0.6 pips=< 1.0 pipsAll
AUDUSD65.6%68.1%68.1%97.7%98.5%
EURGBP63.0%63.0%63.0%97.0%97.7%
EURJPY--100.0%100.0%99.1%
EURUSD67.0%70.5%75.4%83.9%98.5%
GBPJPY-100.0%83.3%83.3%97.8%
GBPUSD66.7%79.7%79.2%80.3%97.2%
NZDUSD63.6%63.6%63.6%98.2%98.5%
USDCAD50.0%50.0%50.0%92.6%98.9%
USDCHF58.3%58.3%58.3%98.3%98.7%
USDJPY59.1%71.4%75.9%84.1%97.2%
 0.0 pips=< 10 pips=< 25 pips=< 50 pipsAll
XAGUSD--93.5%93.5%93.5%
 0.0 pips=< 10 pips=< 20 pips=< 30 pipsAll
XAUUSD64.1%75.2%97.6%97.7%97.9%

Note: A hyphen (-) indicates that there were no trade attempts from clients using a Limit IOC order in this currency pair with this price tolerance



Resting Stop Order Statistics

Currency PairZero SlippageNegative SlippageAverage Negative Slippage (pips)*Average Net Slippage (pips)**
AUDUSD78.9%21.1%0.30.1
EURGBP76.0%24.0%0.30.1
EURJPY72.3%27.7%0.30.1
EURUSD80.7%19.3%0.40.1
GBPJPY57.8%42.2%0.40.2
GBPUSD60.0%40.0%0.40.2
NZDUSD70.0%30.0%0.30.1
USDCAD69.2%30.8%0.30.1
USDCHF75.5%24.5%0.70.2
USDJPY78.7%21.3%0.50.1
XAGUSD14.0%86.0%100.586.4
XAUUSD52.5%47.5%8.23.9

* Average slippage based on stop orders that were slipped. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering
** Average slippage based on all stop orders. Calculated from the stop order level, adjusted for the bid/ask spread at the time of triggering



Resting Limit Order Statistics

Currency PairPrice ImprovementZero SlippageAverage Price Improvement (pips)*Average Net Price Improvement (pips)**
AUDUSD21.7%78.3%0.30.1
EURGBP27.0%73.0%0.40.1
EURJPY26.5%73.5%0.40.1
EURUSD24.8%75.2%0.50.1
GBPJPY38.3%61.7%0.50.2
GBPUSD39.7%60.3%0.40.2
NZDUSD31.7%68.3%0.30.1
USDCAD30.8%69.2%0.50.1
USDCHF24.6%75.4%0.50.1
USDJPY23.5%76.5%0.30.1
XAGUSD68.6%31.4%77.052.8
XAUUSD47.0%53.0%7.73.6

* Average improvement based on limit orders that were improved. Calculated from the limit order level
** Average improvement based on all limit orders. Calculated from the limit order level

Market Order

A Market order is a traditional ‘at best’ instruction to trade as much of the order as possible on the best available terms in the market. A Market order will be treated as good for the day. If Saxo believes it is able to execute a Market order immediately from its own liquidity then it will do so. Otherwise it will route the order to a third party to attempt execution. If the order cannot be filled in full immediately, Saxo will continue to work the order until the official close of the relevant market. 

Immediate or Cancel (IOC) Market Order

An Immediate or Cancel (IOC) Market order is similar to a standard Market order (described above). It is an instruction to trade immediately on the best available terms, however Saxo will not continue to work the order if it is unable to fill it immediately. If Saxo believes it is able to execute a Market IOC order immediately from its own liquidity then it will do so, otherwise it will route the order to a third party to attempt execution. Where an order has not been filled immediately it will be cancelled.

Immediate or Cancel (IOC) Limit Order

An Immediate or Cancel (IOC) Limit order is an order to trade at the price that you see on your screen if it is still available subject to a defined tolerance. Tolerance enables you to control price range by defining the minimum price differential (when selling) or the maximum price differential (when buying) that you are comfortable accepting. Tolerance can be specified either as a fixed price increment or as a percentage of the current market price. Saxo may fill the order at a worse price than you had seen on the screen, provided the price difference does not exceed the specified tolerance. If a better price is available, Saxo will give you the full benefit of the available improvement by filling the order at the better price. As with a Market IOC order, if Saxo is unable to supply sufficient liquidity from its own book, then it may route the order externally. Where an order has not been filled immediately it will be cancelled.

Limit Order

A Limit order is an order to trade at a specified price or better if it is possible to do so within a specified time. The following order durations are available: 

  • Day Order (DO): Valid until the official close of trading on the day the order is placed (or on the subsequent business day for orders accepted during the weekend). 

  • Good Till Date (GTD): Valid until the official close of trading on a date of the your choice. 

  • Good Till Cancelled (GTC): Valid indefinitely unless or until specifically cancelled by the you. 

A Limit order will be triggered when the market price reaches the limit price. If Saxo believes it is able to execute a Limit order immediately from its own liquidity then it will do so. Otherwise it will route the order to a third party to attempt execution. At any time when there is not enough liquidity available from Saxo’s own book or externally, to fill the order in full at the specified price or better, the remaining order will revert to a ‘resting order’.

 

Stop Order

A Stop order is usually used to close a position when the market is going against it with a view to prevent further losses. It may also be used to open a position when the market moves through a chosen level. A Stop order may have a duration similar to a Limit order (see above). A Stop order placed to buy is treated as a Stop if Bid. A Stop order placed to sell is treated as a Stop if Offer. 

  • A Stop order to sell will be triggered when the offer price observed on a primary inter-bank execution venue1 reaches the specified price level. Once triggered, the order will be treated as a Market order.

  • A Stop order to buy will be triggered when the bid price observed on a primary inter-bank execution venue1 reaches the specified price level. Once triggered, the order will be treated as a Market order.

This arrangement is designed to protect you from the risk that a Stop order is executed as a result of spreads widening without the market actually moving. This can happen around the release of economic statistics or at times of reduced liquidity such as during a value date roll or during the close and opening of the market. You should note that this means a Stop order will never be executed at their specified level but always at the spread away from the stop level. Where an order is attached to an open position, it will automatically be cancelled if the position is closed. The trigger level for a Stop order can be specified to trail the market. In this case, when the market moves in your favour, the trigger level for the order moves the same way. The trigger level for a trailing stop moves in steps which are defined when the order is placed.

Stop Limit Order

A Stop Limit order rests in the same way as a Stop order. However, once triggered, rather than execute at the next available price it converts to a Limit order at a pre-agreed Limit price. From that point on, the order is treated as a Limit order. This type of order gives you some protection from a bad fill in a gapping or illiquid market. Trailing Stop Limit orders are not available.

 

1 A Stop order will be triggered on a price observed on a primary inter-bank execution venue as the first priority. If there is no liquidity available on a primary inter-bank execution venue, Saxo Bank reserves the right to use a secondary inter-bank execution venue or alternative liquidity provider.

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