Transparency report
Execution quality isn't a slogan. It's definitions, scope, and data. Published once sample size is meaningful. A monthly archive you can audit, no cherry-picked periods.
We always publish timeframe and sample size alongside any metric.
What this report is
- Clear definitions for each metric
- A consistent methodology and reporting policy
- A monthly archive (published once the sample is meaningful)
What this report is not
- A marketing claim of "best execution"
- A cherry-picked snapshot from a good day
- A guarantee of zero slippage
What we'll publish
We focus on metrics traders can interpret and compare, paired with definitions and sample size.
Spreads (p50 / p90)
Median and 90th percentile spreads, showing typical and wider conditions across major pairs.
Slippage distribution
Percent of fills with positive, zero, and negative slippage, so you can see the shape, not just an average.
Execution speed (p50 / p90)
Order-to-fill latency percentiles to understand typical vs stressed conditions.
Reject rate
Percent of orders rejected at execution, with definitions and scope.
Metrics are only meaningful when definitions and scope are public. This page publishes both.
Sample format
Example layout. Live reports include timeframe, sample sizes, and full definitions.
Transparency Report
Milton Prime
Spreads
Slippage distribution
Execution speed
Reject rate
Methodology
Metrics calculated using a documented scope and definition. Percentiles (p50/p90) reduce the impact of extreme events. Timeframe and sample size are always shown.
Format + methodology. Published once sample size is meaningful.
Methodology
If you can't see how a metric is calculated, you can't trust it.
Reporting policy
- We publish full reporting periods, not cherry-picked days
- We show timeframe and sample size next to every metric
- If the sample is too small to be meaningful, we publish methodology only and wait
- When methodology changes, we note it in the archive
We publish once the sample is meaningful. No fake stats, no cherry-picked periods.
Archive
No reports published yet.
We'll publish the first monthly report once the sample is meaningful and the methodology is finalized.
From monthly metrics to trade-level proof
The transparency report shows aggregate execution behavior over time. Trade receipts show the context around a specific fill.
Common questions
Want proof you can audit?
Review the methodology, view a sample receipt, or run the calculator.