The TRADE 85 - Q3 2025 | Page 63

[ S U R V E Y | E X E C U T I O N M A N A G E M E N T S Y S T E M S ]
Figure 1: Rating of EMS performance
EMS 2025 EMS 2024 EMS 2023
Aspect of service Weighted average score
Reliability and Availability
6.13 6.38 6.38
FIX Capabilities
6.03
6.18 6.20
Breadth of Broker Algorithms
6.02 6.05 6.04
Latency
5.97
6.13
6.20
Breadth of Direct Connections to Venues
5.84 5.99 5.98
Timeliness of Updates for Broker Changes
5.79
5.90
5.99
Ease-of-Use
5.79
5.89
5.95
Client Service Personnel
5.71
6.01 6.03
Breadth of Asset Class Coverage
5.64 5.75
5.72
Handling of New Versions / Releases
5.55 5.71
5.74
Ease of Integration to Internal Systems
5.39
5.62
5.70
Overall Cost of Operation
5.19
5.65
5.71
Product Development
5.18
5.52
5.66
5.10 5.20 5.30 5.40 5.50 5.60 5.70 5.80 5.90 6.00 6.10 6.20 6.30 6.40
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