Price Improvement
79%
of orders have zero or positive slippage.
PSS 2020 Hightlights
54.29%
of all orders had no slippage.
24.85%
of all orders received positive slippage.
13.51%
of all orders received negative slippage.
78.12%
of all limit orders received positive slippage.
Effective Spreads
Over 79% of orders were executed at the rate our client clicked on or better with positive slippage. In result, most clients get better price than displayed spread at PSS.
Know your trading costs with the effective spread including any positive and negative slippage.
Effective Speed
The key to succeed in trading is the speed of execution which is the time between the order is placed and received and the order is settled and confirmed.
0.15 seconds
Average Execution Speed for all order types
0.08 seconds
Average Execution Speed for Pending orders
These numbers show the amount of time PSS receives the order until execution excluding internet latency.
Simply better in pricing
78.15%
78.15% of the time, the pricing of PSS is better than the quoted price of spot equivalent futures prices on the CME.
96.12%
96.12% of the time, the pricing of PSS is better than the quoted price of Interbank market prices.
Order Types and their differences
Different order types are designed to deliver a specific trading function. Some order types are:
Market Orders
A market order is executed immediately at the best available market price. At PSS, over 79% of all market orders have received no or better slippage while 0% of these market orders, excluding orders with deviation limits, are requoted or rejected since 2012.
Pending Orders
A pending order triggers for execution if the market price reaches the pending order price. At PSS, over 78% of all pending orders have received no or better slippage while 0% of these pending orders, excluding pending orders with deviation limits, are requoted or rejected since 2012.
PSS Liquidity Providers
In an effort to offer our clients competitive spreads and improved execution, PSS works with liquidity providers include global banks, financial institutions, and other market makers.
Our liquidity providers includes Barclays Bank, PLC, Citadel Securities LLC, Citibank N.A. , Deutsche Bank AG, UBS AG, Morgan Stanley & Co., LLC, Commerzbank, and much more
PSS selects the best price to buy and sell from executable price feeds from all liquidity providers to generate the best available spread.
While liquidity providers are also ranked by their execution quality including order rejection rate, spreads, and latency, PSS continuously assesses its liquidity providers to deliver the best available prices to clients.
