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Average order sizes for Montreal-based Ice.com, one of the few online-only jewelers in the category, have jumped this year, to $285 from $220 last year.
Average order sizes, meanwhile, have grown to $153 for new customers and $175 for repeat customers, with gross margins of 30 to 35percentt.
As trading has been dispersed among a dozen electronic exchanges, the S.E.C. and other market regulators have maintained no centralized database of stock trades, order sizes or prices.
Moreover, the large order sizes and potentially high information content make institutional trades most vulnerable to HFT strategies such as front running.
While average order sizes are "quite a bit lower than our typical order," according to Joe Voellinger, a spokesman for Drs. Foster & Smith, "it's a service many of our customers appreciate, so we're happy to offer it to them".
Since the new technology was completed, Mr. Lenk said his division had seen "substantial improvements in operating efficiency, customer retention, average order sizes, profit margins and sales-per-visitor".
Similar(22)
"The average order size goes up unbelievably".
The suburbs also have a higher average order size.
"They're customers whose average purchase is 60 items, with an average order size of $143".
Sales for the Memorial Day weekend, when the company's average order size doubled, were "phenomenal," he said.
Our volume grew by 40 percent and our average order size was $260.
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