Decoded Intelligence Signal
Execution Quality
intermediate
market_structure
Verified: May 26, 2026Lexicon Core Definition
A measure of how closely the actual execution of a trade matches its intended parameters — covering fill price vs expected price, total execution cost (fees + slippage + spread), and the appropriateness of venue and order type for the given market conditions.
Analysis Breakdown
A measure of how closely the actual execution of a trade matches its intended parameters — covering fill price vs expected price, total execution cost (fees + slippage + spread), and the appropriateness of venue and order type for the given market conditions. Full explanation coming soon when Journey 12 content is ingested.