ConceptBeginner
Transparency
The degree to which a broker publicly discloses its execution model, routing logic, pricing methodology, and performance metrics.
Last updated: February 1, 2026
1
The broker publishes its execution policy, order routing logic, and LP selection criteria.
2
Real-time or periodic execution metrics are made publicly accessible.
3
The broker discloses its revenue model (commission, markup, or both).
4
Conflict of interest mitigation measures are documented and verifiable.
5
Changes to execution practices are communicated proactively.