How does the Order Shares Quantity differ from the Routed Shares Quantity on the Combined Order/Route Report or Execution Quantity on the Combined Order/Execution Report?
In most cases the Order Shares Quantity will be the same as the Routed Shares quantity on the Combined Order/Route Report. In the case of bunched routes that are reported via the Combined Order/Route Report, however, the Order Shares Quantity will reflect the quantity of each individual order received, while the Routed Shares Quantity will reflect the bunched amount. Order Shares Quantity and Order Execution Quantity on the Combined Order/Execution Report will be the same in all cases.
