investing
Understanding your trade executions
July 30, 2018

When you place orders to buy or sell securities on our platform, as your broker we’re required to take your orders and send them to the market to be filled. The process of filling your order is referred to as "trade execution.” An order is considered executed when it gets filled—meaning you received or sold the shares—and not when the order is placed by the investor as not every order you place will necessarily get executed.

The Execution tab allows you to conveniently track your executed orders for the current day or for a certain time period you choose. Below, under the name of the trading platform you use, learn more about how to view and interpret information in this tab.

  • Questrade Trading

    To access your execution tab:
    1. Log in to Questrade Trading
    2. Click/tap Account
    3. Click/tap Executions
    4. Choose an execution time period (Today, 1 week, 2 weeks, 1 month, or 3 months)
    User-added image

    By default, the platform will show you key information about your executions such as symbol, action (buy or sell), quantity, fill price, total value, and time placed. However, you can add more data that is most relevant to you.

    To do so:

    1. Click on User-added image
    2. Tap the + button to add fields or the - to remove ones

    The charts below will define all of the fields you can add to your execution tab.

    ColumnDescription
    SymbolThe ticker symbol for the security
    ActionIndicates your trade action
    Fill qtyThe amount of shares/contracts that have been filled
    Fill priceThe price you paid or received for your execution
    Total valueThe total cost of the execution (it includes price and commission)
    Time placedCommission charges for the execution
    CommissionThe lowest price the market is willing to accept for this security
    Cross zero IDThe unique identifying number assigned by us to each cross zero order
    CurrencyThe full name of the security
    DescriptionThe length of time the order stays active until it is filled or expires
    DurationThe listing exchange for the security 
    ECN feesFees charged by the electronic communication network (ECN)
    Exec ID The unique identifying number assigned by the trading venue to each execution
    Exec ID (exch)The unique identifying number assigned by the trading venue to each execution
    Exec timeThe time at which the order was executed
    Limit priceThe price you are willing to pay or receive
    Strategy type The type of multi-leg strategy for your option contract (e.g., covered call, married put, condor call, etc.)
    Option type Identifies whether your option contract is a call or put
    Order ID The unique identifying number assigned by us to each order
    Order ID (exch)The unique identifying number assigned by the trading venue to each order
    Order typeThe order type used (e.g., market, limit, or stop)
    Parent IDThe unique identifying number assigned to a primary order that has multiple related orders (e.g., bracket orders, trailing-stop orders, etc.)
    QtyThe amount of shares/contracts requested for the order
    RouteThe preferred trading venue to send the order to
    SEC feeFees charged by the Securities Exchange Commission (SEC)
    Security IDThe unique identifying number assigned to the security
    SourceIndicates where the order was placed from
    Special instIdentifies any special instructions for the order
    Sub-routeThe alternative trading venue to send the order to if the primary exchange is unavailable
    Venue (actual)The exchange or alternative trading system (ATS) where the order was executed
    Venue (sent)The exchange or alternative trading system (ATS) the order was sent to

  • IQ Edge

    To access your execution tab:
    1. Log in to IQ Edge
    2. Click Account
    3. Click Executions
    4. Select an execution time period to view (1 day, 5 days, 10 days, 30 days, 60 days, or 90 days)

    User-added image

    By default, the platform shows you key information about your executions such as symbol, action (buy or sell), quantity, fill price, total value, and time placed. However, you can add more data with information that is most relevant to you.

    To do so:

    1. Click the down arrow User-added image
    2. Click Edit columns

    The chart below defines all of the fields you can add to your Execution tab.

    ColumnDescription
    SymbolThe ticker symbol for the security
    ActionIndicates your trade action
    Fill qtyThe amount of shares/contracts that have been filled
    Fill priceThe price you paid or received for your execution
    Total valueThe total cost of the execution (it includes price and commission)
    Time placedCommission charges for the execution
    CommissionThe lowest price the market is willing to accept for this security
    Cross zero IDThe unique identifying number assigned by us to each cross zero order
    CurrencyThe full name of the security
    DescriptionThe length of time the order stays active until it is filled or expires
    DurationThe listing exchange for the security 
    ECN feesFees charged by the electronic communication network (ECN)
    Exec ID The unique identifying number assigned by the trading venue to each execution
    Exec ID (exch)The unique identifying number assigned by the trading venue to each execution
    Exec timeThe time at which the order was executed
    Limit priceThe price you are willing to pay or receive
    Strategy type The type of multi-leg strategy for your option contract (e.g., covered call, married put, condor call, etc.)
    Option type Identifies whether your option contract is a call or put
    Order ID The unique identifying number assigned by us to each order
    Order ID (exch)The unique identifying number assigned by the trading venue to each order
    Order typeThe order type used (e.g., market, limit, or stop)
    Parent IDThe unique identifying number assigned to a primary order that has multiple related orders (e.g., bracket orders, trailing-stop orders)
    QtyThe amount of shares/contracts requested for the order
    RouteThe preferred trading venue to send the order to
    SEC feeFees charged by the Securities Exchange Commission (SEC).
    Security IDThe unique identifying number assigned to the security
    SourceIndicates where the order was placed from
    Special instIdentifies any special instructions for the order
    Sub-routeThe alternative trading venue to send the order to if the primary exchange is unavailable
    Venue (actual)The exchange or alternative trading system (ATS) where the order was executed
    Venue (sent)The exchange or alternative trading system (ATS) the order was sent to

You may want to check this out

Need more help?

The information contained in this website is for information purposes only and should not be used or construed as financial or investment advice by any individual. Information obtained from third parties is believed to be reliable, but no representations or warranty, expressed or implied is made by Questrade, Inc., its affiliates or any other person to its accuracy.

Questrade Wealth Management Inc. (QWM) and Questrade, Inc. are wholly owned subsidiaries of Questrade Financial Group Inc. Questrade, Inc. is a registered investment dealer, a member of the Investment Industry Regulatory Organization of Canada (IIROC) and a member of the Canadian Investor Protection Fund (CIPF), the benefits of which are limited to the activities undertaken by Questrade, Inc. QWM is not a member of IIROC or the CIPF.