• SEC RULE 606(b)(3)
Effective April 1, 2020 the SEC adopted Rule 606(b)(3) which requires a broker-dealer upon request of a customer that places not held orders, to provide specific disclosures, for the prior six months, regarding routing and execution of such orders, and if applicable, material aspects of the relationships with the entities to whom the orders are routed. Upon written request, you may obtain the identity of the venue to which your orders were routed for the six months prior to your request and the time of transactions that may have resulted from such orders. All requests should be addressed to FBN at Operations@fbnsecurities.com.
• Material Aspects of Relationships with Routed Venues
FBN does not direct order flow for the purpose of payment on any transactions. However, FBN may receive rebates or credits per executed share for equity orders or per executed option contract. Upon written request, you may obtain the source and nature of compensation received for order flow for the six months prior to your request.
Securities Listed on the New York Stock Exchange Euronext
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 15.44 | 84 | 0.56 |
ITGI (ITGI) | 38.71 | 41.54 | 38.42 | 3.25 |
Citadel Securities LLC (CDRG) | 27.98 | 47.91 | 24.51 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 11.85 | 0 | 14.11 | 0 |
ARCA -DMA -Pershing LLC (PERX) | 6.41 | 0 | 7.64 | 0 |
Instinet, Inc. (INET) | 5.71 | 0.02 | 6.15 | 0 |
E & J Securities, Corp. (EANJ) | 4.56 | 2.21 | 5.02 | 0 |
Morgan Stanley & Co. (MSCO)) | 2.68 | 0 | 3.19 | 0 |
Fog Equities, LLC (FOGS) | 1.26 | 8.11 | 0.01 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNS) | 0.68 | 0 | 0.81 | 0 |
Pershing LLC – ALGO (PERX) | 0.66 | 0.17 | 0.12 | 96.75 |
Goldman Sachs & Co. LLC (GSCO) | 0.02 | 0 | 0.03 | 0 |
ALTERNET SECURITIES INC. (ALTX) | 0.01 | 0.05 | 0 | 0.01 |
Securities Listed on Nasdaq Stock Market
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 12.23 | 86.05 | 1.71 |
ITG (ITGI) | 37.11 | 58.62 | 34.48 | 15.73 |
Citadel Securities LLC (CDRG) | 35.31 | 39.69 | 35.39 | 0 |
Morgan Stanley & Co. (MSCO) | 16.17 | 0 | 18.79 | 0 |
ARCA -DMA -Pershing LLC (PERX) | 7.08 | 0 | 8.23 | 0 |
Nasdaq (NSDQ) | 1.77 | 0 | 8.3 | 0 |
FBNS-Nasdaq TRF | 1.03 | 0 | 1.2 | 0 |
Pershing LLC – ALGO (PERX) | 0.7 | 0.66 | 0.27 | 22.27 |
Instinet, Inc. (INET) | 0.41 | 0.16 | 0.44 | 0.58 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 0.3 | 0 | 0.34 | 0 |
Fog Equities, LLC (FOGS) | 0.07 | 0.56 | 0 | 0 |
Goldman Sachs & Co. LLC (GSCO) | 0.02 | 0 | 0.03 | 0 |
ALTERNET SECURITIES INC. (ALTX) | 0.02 | 0.17 | 0 | 0 |
Puma Capital LLC (PUMA) | 0.01 | 0.12 | 0 | 0 |
Virtu Americas LLC (VALR) | 0 | 0.12 | 0 | 0 |
Securities Listed on the New York Stock Amex or Regional Exchanges
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 11.23 | 88.59 | 0.17 |
Citadel Securities LLC (CDRG) | 41.93 | 100 | 34.65 | 0 |
ITG (ITGI) | 34.1 | 0 | 38.29 | 100 |
Morgan Stanley & Co. (MSCO) | 18.55 | 0 | 20.94 | 0 |
ARCA -DMA -Pershing LLC (PERX) | 5.37 | 0 | 6.06 | 0 |
Goldman Sachs & Co. LLC (GSCO) | 0.05 | 0 | 0.06 | 0 |
Time period: Quarter Ending December 31, 2019
Exchange-Listed Options
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100.00% | 11.05% | 89.95% | 0.00% |
NYSE Market LLC (AMEX) | 61.54% | 21.05% | 66.57% | 0.00% |
Volant | 22.92% | 43.61% | 20.35% | 0.00% |
Gemini | 9.30% | 27.07% | 7.10% | 0.00% |
International Securities Exchange (ISE) | 3.41% | 5.26% | 3.17% | 0.00% |
Nasdq OMX PHLX (PHLX) | 0.33% | 0.00% | 0.37% | 0.00% |
New York Stock Exchange/Archipelago Holdings (PSE) | 2.16% | 3.01% | 2.05% | 0.00% |
Securities Listed on the New York Stock Exchange Euronext
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 19.1 | 80.54 | 0.36 |
ITGI (ITGI) | 38.8 | 56.39 | 34.67 | 29.71 |
Citadel Securities LLC (CDRG) | 33.29 | 35.83 | 32.84 | 0 |
ARCA -DMA -Pershing LLC (PERX) | 11.12 | 0 | 13.81 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 4.36 | 0.08 | 5.4 | 0 |
Morgan Stanley & Co. (MSCO) | 2.46 | 1.61 | 2.67 | 0 |
E & J Securities, Corp. (EANJ) | 2.9 | 0.58 | 3.44 | 4.74 |
Goldman Sachs & Co. LLC (GSCO) | 2.38 | 0 | 2.96 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 1.66 | 0 | 2.06 | 0 |
Instinet, Inc. (INET) | 1.15 | 0 | 1.43 | 0 |
ALTERNET SECURITIES INC. (ALTX) | 1.04 | 3.99 | 0.35 | 0 |
Pershing LLC – ALGO (PERX) | 0.69 | 0.86 | 0.36 | 65.55 |
Fog Equities, LLC (FOGS) | 0.13 | 0.67 | 0 | 0 |
NSDQ (NSDQ) | 0.01 | 0 | 0.01 | 0 |
Securities Listed on Nasdaq Stock Market
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 9.36 | 89.59 | 1.05 |
Citadel Securities LLC (CDRG) | 47.64 | 42.44 | 48.74 | 0.01 |
ITG (ITGI) | 29.22 | 53.64 | 26.72 | 24.73 |
Morgan Stanley & Co. (MSCO) | 9.49 | 0.25 | 10.56 | 0 |
ARCA -DMA -Pershing LLC (PERX) | 9.45 | 0 | 10.55 | 0 |
FBNS-Nasdaq TRF) | 1.28 | 0 | 1.43 | 0 |
Pershing LLC – ALGO (PERX) | 0.86 | 0.42 | 0.54 | 32.62 |
Nasdaq (NSDQ) | 0.81 | 0.36 | 0.43 | 38.01 |
Instinet, Inc. (INET) | 0.77 | 0.81 | 0.72 | 4.64 |
Goldman Sachs & Co. LLC (GSCO) | 0.18 | 0 | 0.2 | 0 |
ALTERNET SECURITIES INC. (ALTX) | 0.14 | 1.51 | 0 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 0.11 | 0 | 0.12 | 0 |
Fog Equities, LLC (FOGS) | 0.05 | 0.58 | 0 | 0 |
Securities Listed on the New York Stock Amex or Regional Exchanges
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 14.48 | 84.82 | 0.7 |
ITG (ITGI) | 65.58 | 46.91 | 69.09 | 26.45 |
Citadel Securities LLC (CDRG) | 20.51 | 53.09 | 15.11 | 0 |
ARCA -DMA -Pershing LLC (PERX) | 8.91 | 0 | 10.5 | 0 |
Morgan Stanley & Co. (MSCO) | 3.43 | 0 | 4.04 | 0 |
NSDQ (NSDQ) | 0.97 | 0 | 0.53 | 73.55 |
E & J Securities, Corp. (EANJ) | 0.52 | 0 | 0.61 | 0 |
Pershing LLC – ALGO (PERX) | 0.1 | 0 | 0.61 | 0 |
Time period: Quarter Ending September 30, 2019
Exchange-Listed Options
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100.00% | 18.99% | 81.01% | 0.00% |
NYSE Market LLC (AMEX) | 61.36% | 49.15% | 64.23% | 0.00% |
Volant | 17.21% | 30.34% | 14.13% | 0.00% |
Gemini | 15.99% | 14.53% | 16.33% | 0.00% |
International Securities Exchange (ISE) | 3.25% | 2.99% | 3.31% | 0.00% |
Nasdq OMX PHLX (PHLX) | 0.89% | 1.71% | 0.70% | 0.00% |
New York Stock Exchange/Archipelago Holdings (PSE) | 0.81% | 0.00% | 1.00% | 0.00% |
Securities Listed on the New York Stock Exchange Euronext
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 56.88 | 43.05 | 0.07 |
ITGI (ITGI) | 66.23 | 94.01 | 29.49 | 87.45 |
Citadel Securities LLC (CDRG) | 21.06 | 4.66 | 42.76 | 0 |
ARCA -DMA -Pershing LLC (PERX) | 6.02 | 0 | 13.98 | 0 |
Morgan Stanley & Co. (MSCO) | 2.18 | 0 | 5.05 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 1.71 | 0 | 3.97 | 0 |
E & J Securities, Corp. (EANJ) | 0.99 | 0.53 | 1.6 | 0 |
Pershing LLC – ALGO (PERX) | 0.72 | 0.29 | 1.27 | 12.55 |
Instinet, Inc. (INET) | 0.39 | 0 | 0.91 | 0 |
ALTERNET SECURITIES INC. (ALTX)) | 0.28 | 0.21 | 0.37 | 0 |
Goldman Sachs & Co. LLC (GSCO)) | 0.25 | 0 | 0.59 | 0 |
Fog Equities, LLC (FOGS) | 0.17 | 0.29 | 0 | 0 |
NSDQ (NSDQ)) | 0 | 0.01 | 0 | 0 |
Securities Listed on Nasdaq Stock Market
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 21.48 | 77.39 | 1.13 |
Citadel Securities LLC (CDRG) | 48.76 | 16.61 | 58.4 | 0 |
ITG (ITGI) | 32.49 | 82.02 | 19.05 | 11.54 |
ARCA -DMA -Pershing LLC (PERX) | 10.6 | 0 | 13.7 | 0 |
Morgan Stanley & Co. (MSCO) | 4.38 | 0.06 | 5.64 | 0 |
Nasdaq (NSDQ) | 1.6 | 0.19 | 0.92 | 75.21 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 0.89 | 0 | 1.15 | 0 |
Pershing LLC – ALGO (PERX) | 0.55 | 0.18 | 0.52 | 8.99 |
Goldman Sachs & Co. LLC (GSCO) | 0.27 | 0 | 0.35 | 0 |
Instinet, Inc. (INET) | 0.24 | 0.12 | 0.21 | 4.26 |
Fog Equities, LLC (FOGS) | 0.11 | 0.53 | 0 | 0 |
ALTERNET SECURITIES INC. (ALTX) | 0.08 | 0.3 | 0.02 | 0 |
Wells Fargo Securities, LLC (WCHV) | 0.03 | 0 | 0.03 | 0 |
Securities Listed on the New York Stock Amex or Regional Exchanges
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 7.26 | 90.78 | 1.96 |
ITG (ITGI) | 26.6 | 29.77 | 26.92 | 0.12 |
Citadel Securities LLC (CDRG) | 37.31 | 66.88 | 35.75 | 0 |
ARCA -DMA -Pershing LLC (PERX) | 21.59 | 0 | 23.78 | 0 |
Nasdaq (NSDQ) | 3.01 | 0 | 1.16 | 99.88 |
Goldman Sachs & Co. LLC (GSCO) | 0.4 | 0 | 0.44 | 0 |
Pershing LLC – ALGO (PERX) | 0.16 | 2.24 | 0 | 0 |
Morgan Stanley & Co. (MSCO) | 9.36 | 0 | 10.31 | 0 |
Instinet, Inc. (INET) | 0.08 | 1.1 | 0 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 1.49 | 0 | 1.64 | 0 |
Time period: Quarter Ending June 30, 2019
Exchange-Listed Options
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100.00% | 25.58% | 74.42% | 0.00% |
NYSE Market LLC (AMEX) | 61.14% | 60.06% | 61.51% | 0.00% |
Volant | 17.70% | 17.92% | 17.62% | 0.00% |
Gemini | 12.31% | 15.41% | 11.24% | 0.00% |
International Securities Exchange (ISE) | 4.75% | 2.52% | 5.51% | 0.00% |
New York Stock Exchange/Archipelago Holdings (PSE) | 2.25% | 2.20% | 2.27% | 0.00% |
Nasdq OMX PHLX (PHLX) | 1.61% | 1.89% | 1.51% | 0.00% |
Securities Listed on the New York Stock Exchange Euronext
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 28.78 | 71.2 | 0.03 |
ITGI (ITGI) | 47.67 | 85.57 | 32.38 | 0 |
Citadel Securities LLC (CDRG) | 33.48 | 11.57 | 42.34 | 0 |
ARCA -DMA -Pershing LLC (PERX) | 14.56 | 0 | 20.45 | 0 |
E & J Securities, Corp. (EANJ) | 1.82 | 1.7 | 1.83 | 100 |
Goldman Sachs & Co. LLC (GSCO) | 1.12 | 0 | 1.58 | 0 |
Pershing LLC – ALGO (PERX)) | 0.81 | 0.48 | 0.94 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 0.3 | 0.14 | 0.37 | 0 |
Instinet, Inc. (INET) | 0.14 | 0.47 | 0 | 0 |
Fog Equities, LLC (FOGS) | 0.08 | 0 | 0.12 | 0 |
ALTERNET SECURITIES INC. (ALTX)) | 0.02 | 0.07 | 0 | 0 |
Securities Listed on Nasdaq Stock Market
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 9.48 | 88.84 | 1.68 |
Citadel Securities LLC (CDRG) | 52.68 | 31.49 | 55.93 | 0 |
ITG (ITGI) | 33.19 | 65.24 | 30 | 20.94 |
ARCA -DMA -Pershing LLC (PERX) | 10.08 | 0 | 11.35 | 0 |
Nasdaq (NSDQ) | 1.51 | 0.28 | 0.8 | 46.03 |
Pershing LLC – ALGO (PERX) | 0.93 | 0.47 | 0.47 | 27.63 |
Goldman Sachs & Co. LLC (GSCO) | 0.61 | 0 | 0.69 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 0.55 | 0.06 | 0.61 | 0 |
ALTERNET SECURITIES INC. (ALTX) | 0.17 | 1.84 | 0 | 0 |
Instinet, Inc. (INET) | 0.16 | 0.37 | 0.04 | 5.4 |
NSDQ (PERX) | 0.1 | 0 | 0.11 | 0 |
Fog Equities, LLC (FOGS) | 0.02 | 0.23 | 0 | 0 |
Securities Listed on the New York Stock Amex or Regional Exchanges
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 12.33 | 86.29 | 1.38 |
ITG (ITGI) | 49.81 | 66.09 | 48.28 | 0 |
Citadel Securities LLC (CDRG) | 24.95 | 33.91 | 24.07 | 0 |
ARCA -DMA -Pershing LLC (PERX) | 18.74 | 0 | 21.72 | 0 |
Nasdaq (NSDQ) | 5.36 | 0 | 4.74 | 92.31 |
Goldman Sachs & Co. LLC (GSCO) | 0.91 | 0 | 1.05 | 0 |
Pershing LLC – ALGO (PERX) | 0.23 | 0 | 0.15 | 7.69 |
Time period: Quarter Ending March 31, 2019
Exchange-Listed Options
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100.00% | 14.39% | 85.03% | 0.58% |
NYSE Market LLC (AMEX) | 50.81% | 5.65% | 58.53% | 40.00% |
Volant | 25.99% | 89.52% | 15.28% | 20.00% |
Gemini | 11.48% | 3.23% | 12.96% | 0.00% |
International Securities Exchange (ISE) | 9.40% | 1.61% | 10.50% | 40.00% |
New York Stock Exchange/Archipelago Holdings (PSE) | 0.93% | 0.00% | 1.09% | 0.00% |
Nasdq OMX PHLX (PHLX) | 0.70% | 0.00% | 0.82% | 0.00% |
Securities Listed on the New York Stock Exchange Euronext
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 37.66 | 62.22 | 0.12 |
ITGI (ITGI) | 43.76 | 79.43 | 22.26 | 0 |
Citadel Securities LLC (CDRG) | 23.56 | 9.8 | 31.94 | 0 |
ARCA -DMA -Pershing LLC (PERX) | 20.11 | 0 | 32.23 | 44.45 |
Pershing LLC – ALGO (PERX) | 5.96 | 9.5 | 3.82 | 8.11 |
Goldman Sachs & Co. LLC (GSCO) | 3.06 | 0.03 | 4.91 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 1.74 | 0 | 2.8 | 0 |
E & J Securities, Corp. (EANJ) | 1.12 | 0.69 | 1.3 | 44.95 |
Instinet, Inc. (INET)) | 0.47 | 0 | 0.75 | 0 |
Fog Equities, LLC (FOGS) | 0.21 | 0.55 | 0 | 0 |
NSDQ (NSDQ) | 0 | 0 | 0 | 2.49 |
Securities Listed on Nasdaq Stock Market
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 17.23 | 78.78 | 4 |
Citadel Securities LLC (CDRG) | 42.24 | 21.28 | 48.97 | 0 |
ITG (ITGI) | 22.51 | 72.26 | 12.69 | 1.74 |
ARCA -DMA -Pershing LLC (PERX) | 19.68 | 0 | 24.79 | 3.7 |
Pershing LLC – ALGO (PERX) | 5.72 | 5.89 | 5.18 | 15.66 |
Nasdaq (NSDQ) | 5.27 | 0.21 | 2.64 | 78.89 |
Goldman Sachs & Co. LLC (GSCO) | 3.84 | 0 | 4.87 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 0.46 | 0 | 0.59 | 0 |
NSDQ (PERX) | 0.15 | 0 | 0.19 | 0 |
Fog Equities, LLC (FOGS) | 0.08 | 0.33 | 0.03 | 0 |
Instinet, Inc. (INET) | 0.04 | 0 | 0.05 | 0.01 |
Direct Edge – Pershing (PERX) | 0.01 | 0 | 0.01 | 0 |
ALTERNET SECURITIES INC. (ALTX) | 0 | 0.02 | 0 | 0 |
Securities Listed on the New York Stock Amex or Regional Exchanges
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 13.76 | 82.57 | 3.67 |
ARCA -DMA -Pershing LLC (PERX) | 47.71 | 0 | 57.73 | 1.02 |
Citadel Securities LLC (CDRG) | 30.34 | 35.71 | 30.79 | 0 |
ITG (ITGI) | 7.55 | 31.62 | 3.88 | 0 |
NSDQ (NSDQ) | 6.01 | 0 | 3.6 | 82.74 |
Pershing LLC – ALGO (PERX) | 5.48 | 24.47 | 1.84 | 16.24 |
Goldman Sachs & Co. LLC (GSCO) | 1.79 | 0 | 2.16 | 0 |
Fog Equities, LLC (FOGS) | 1.1 | 7.98 | 0 | 0 |
FARINA & ASSOCIATES, INC. (FARA) | 0.03 | 0.2 | 0 | 0 |
E&J SECURITIES CORP. (EANJ) | 0.01 | 0.02 | 0 | 0 |
Time period: Quarter Ending December 31, 2018
Exchange-Listed Options
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100.00% | 23.71% | 75.87% | 0.42% |
NYSE Market LLC (AMEX) | 31.40% | 9.44% | 38.16% | 50.00% |
Gemini | 25.73% | 11.80% | 29.95% | 50.00% |
Volant | 29.72% | 74.34% | 15.94% | 0.00% |
Nasdq OMX PHLX (PHLX) | 4.48% | 2.06% | 5.25% | 0.00% |
International Securities Exchange (ISE) | 7.90% | 2.06% | 9.77% | 0.00% |
New York Stock Exchange/Archipelago Holdings (PSE) | 0.70% | 0.29% | 0.83% | 0.00% |
Securities Listed on the New York Stock Exchange Euronext
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 18.73 | 80.96 | 0.31 |
Citadel Securities LLC (CDRG) | 48.47 | 17.41 | 55.85 | 0 |
ITGI (ITGI) | 20.63 | 49.86 | 13.91 | 10.4 |
ARCA -DMA -Pershing LLC (PERX) | 14.05 | 0 | 17.07 | 72.78 |
Pershing LLC – ALGO (PERX) | 8.63 | 26.08 | 4.56 | 16.83 |
Goldman Sachs & Co. LLC (GSCO) | 5.56 | 0 | 6.87 | 0 |
E & J Securities, Corp. (EANJ) | 2.06 | 6.13 | 1.13 | 0 |
NSDQ (NSDQ) | 0.26 | 0 | 0.32 | 0 |
Fog Equities, LLC (FOGS) | 0.15 | 0.38 | 0.1 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 0.12 | 0 | 0.15 | 0 |
Instinet, Inc. (INET) | 0.03 | 0 | 0.03 | 0 |
Puma Capital, LLC (PUMA)) | 0.02 | 0.13 | 0 | 0 |
Securities Listed on Nasdaq Stock Market
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 13.31 | 84.64 | 2.05 |
Citadel Securities LLC (CDRG) | 37.04 | 21.66 | 40.36 | 0 |
ARCA -DMA -Pershing LLC (PERX) | 27.16 | 0.04 | 31.66 | 17.43 |
ITGI (ITGI) | 16.61 | 60.11 | 10.15 | 0.75 |
Pershing LLC – ALGO (PERX) | 9.33 | 17.35 | 8.17 | 5.21 |
Goldman Sachs & Co. LLC (GSCO) | 5.98 | 0 | 7.06 | 0 |
Nasdaq (NSDQ) | 2.4 | 0.62 | 0.88 | 76.61 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 0.58 | 0 | 0.68 | 0 |
NSDQ (PERX) | 0.4 | 0 | 0.48 | 0 |
Direct Edge – Pershing (PERX) | 0.25 | 0 | 0.29 | 0 |
Instinet, Inc. (INET) | 0.21 | 0 | 0.25 | 0 |
Fog Equities, LLC (FOGS) | 0.03 | 0.15 | 0.01 | 0 |
BIDS AWAY (BIDS) | 0.01 | 0.06 | 0 | 0 |
Securities Listed on the New York Stock Amex or Regional Exchanges
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 3.36 | 95.59 | 1.05 |
Citadel Securities LLC (CDRG) | 41.85 | 91.81 | 40.55 | 0 |
ARCA -DMA -Pershing LLC (PERX) | 28.08 | 0 | 29.38 | 0 |
Goldman Sachs & Co. LLC (GSCO) | 13.84 | 0 | 29.38 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 6.74 | 0 | 7.05 | 0 |
ITG (ITGI) | 4.37 | 0.33 | 4.56 | 0 |
Instinet, Inc. (INET) | 3.37 | 0 | 3.53 | 0 |
Pershing LLC – ALGO (PERX) | 0.9 | 7.53 | 0.46 | 19.61 |
NSDQ (NSDQ) | 0.85 | 0.33 | 0 | 80.39 |
Time period: Quarter Ending September 30, 2018
Exchange-Listed Options
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100.00% | 25.76% | 64.57% | 9.67% |
NYSE Market LLC (AMEX) | 39.78% | 39.66% | 36.70% | 60.67% |
Gemini | 22.50% | 24.89% | 23.23% | 11.24% |
Volant | 18.80% | 18.14% | 21.04% | 5.62% |
Nasdq OMX PHLX (PHLX) | 9.89% | 7.17% | 11.28% | 7.87% |
International Securities Exchange (ISE) | 7.39% | 7.59% | 6.57% | 12.36% |
New York Stock Exchange/Archipelago Holdings (PSE) | 1.52 | 2.11% | 1.18% | 2.25% |
Securities Listed on the New York Stock Exchange Euronext
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 22.35 | 77.28 | 0.37 |
Citadel Securities LLC (CDRG) | 52.02 | 48.98 | 53.15 | 0 |
ARCA -DMA -Pershing LLC (PERX) | 20.36 | 0 | 26.1 | 50.1 |
Pershing LLC – ALGO (PERX) | 8.77 | 17.41 | 6.31 | 0 |
ITGI (ITGI) | 8.2 | 29.55 | 2.07 | 0 |
Bloomberg Tradebook LLC, (BOOK) | 6.74 | 0.01 | 8.72 | 0 |
E & J Securities, Corp. (EANJ) | 1.93 | 1.01 | 2.2 | 0 |
Fog Equities, LLC (FOGS) | 0.71 | 2.93 | 0.08 | 0 |
Empire Executions, Inc. (ECKH) | 0.5 | 0.11 | 0.62 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 0.34 | 0 | 0.44 | 0 |
NSDQ (NSDQ) | 0.19 | 0 | 0.01 | 49.9 |
Instinet, Inc. (INET) | 0.16 | 0 | 0.21 | 0 |
Direct Edge – Pershing (PERX) | 0.07 | 0 | 0.09 | 0 |
Time period: Quarter Ending June 30, 2018
Securities Listed on the Nasdaq Stock Market
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Others % |
---|---|---|---|---|
TOTAL | 100 | 7.52 | 90.68 | 1.8 |
Citadel Securities LLC (CDRG) | 55.67 | 45.83 | 57.59 | 0 |
ARCA -DMA -Pershing LLC (PERX) | 19.2 | 0 | 20.82 | 17.72 |
ITG (ITGI) | 8.3 | 45.75 | 5.36 | 0 |
Bloomberg Tradebook LLC, (BOOK) | 6.01 | 0.04 | 6.63 | 0 |
Pershing LLC – ALGO (PERX) | 5.36 | 5.2 | 5.48 | 0.01 |
Nasdaq (NSDQ) | 3.09 | 1.03 | 1.69 | 82.26 |
NSDQ (PERX) | 1.14 | 0 | 1.25 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 0.52 | 0 | 0.58 | 0 |
Direct Edge – Pershing (PERX) | .47 | 0 | 0.52 | 0 |
Fog Equities, LLC (FOGS) | 0.16 | 1.81 | 0.03 | 0 |
BATS-(PERX) | 0.03 | 0 | 0.03 | 0 |
Instinet, Inc. (INET) | 0.02 | 0 | 0.03 | 0 |
Puma Capital, LLC (PUMA) | 0.02 | 0.33 | 0 | 0 |
Farina & Associates, Inc. (FARA) | 0 | 0.01 | 0 | 0 |
Time period: Quarter Ending June 30, 2018
Securities Listed on the New York Stock Amex or Regional Exchanges
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Others % |
---|---|---|---|---|
TOTAL | 100 | 3.09 | 96.59 | 0.32 |
Citadel Securities LLC (CDRG) | 48.41 | 18.8 | 49.52 | 0.16 |
Pershing LLC – ALGO (PERX) | 28.47 | 44.36 | 27.75 | 92.11 |
ARCA -DMA -Pershing LLC (PERX) | 13.13 | 0 | 13.57 | 7.73 |
Bloomberg Tradebook LLC, (BOOK) | 6.89 | 0 | 7.13 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 1.2 | 0 | 1.24 | 0 |
Fog Equities, LLC (FOGS) | 1.12 | 36.35 | 0 | 0 |
Instinet, Inc. (INET) | 0.61 | 0 | 0.63 | 0 |
ITG (ITGI) | 0.17 | 0.5 | 0.16 | 0 |
Time period: Quarter Ending June 30, 2018
Exchange-Listed Options
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100.00% | 22.92% | 55.83% | 21.25% |
NYSE Market LLC (AMEX) | 45.00% | 65.45% | 23.88% | 78.43% |
Gemini | 7.50% | 0.00% | 13.43% | 0.00% |
International Securities Exchange (ISE) | 4.17% | 0.00% | 7.46% | 0.00% |
Nasdq OMX PHLX (PHLX) | 5.42% | 0.00% | 5.97% | 9.80% |
New York Stock Exchange/Archipelago Holdings (PSE)) | 5.83% | 5.45% | 4.48% | 9.80% |
Volant | 32.08% | 29.09% | 44.78% | 1.96% |
100% of total customer orders were non-directed orders.
Material Aspects of Relationships with Routed Venues.
Securities Listed on the New York Stock Exchange Euronext
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 40.74 | 58.62 | 0.64 |
ITG (ITG) | 33.84 | 73.4 | 6.72 | 0 |
Citadel Securities LLC (CDRG) | 28.36 | 14.21 | 38.5 | 0.23 |
ARCA -DMA -Pershing LLC (PERX) | 21.65 | 0 | 35.92 | 93.26 |
Pershing LLC – ALGO (PERX) | 7.67 | 10.96 | 5.4 | 6.03 |
Bloomberg Tradebook LLC, (BOOK) | 5.73 | 0 | 9.78 | 0 |
Empire Executions, Inc. (ECKH) | 0.80 | 0.35 | 1.12 | 0 |
E & J Securities, Corp. (EANJ) | 0.49 | 0.20 | 0.69 | 0.49 |
Fog Equities, LLC (FOGS) | 0.38 | 0.88 | 0.04 | 0 |
Direct Edge – Pershing (PERX) | 0.30 | 0 | 0.51 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 0.23 | 0 | 0.40 | 0 |
NSDQ (PERX) | 0.13 | 0 | 0.22 | 0 |
Time period: Quarter Ending March 31, 2018
Securities Listed on the Nasdaq Stock Market
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Others % |
---|---|---|---|---|
TOTAL | 100 | 12.9 | 84.63 | 2.47 |
Citadel Securities LLC (CDRG) | 33.11 | 31.96 | 34.25 | 0 |
ARCA -DMA -Pershing LLC (PERX) | 32.14 | 0.04 | 37.48 | 16.78 |
ITG (ITGI) | 11.03 | 48.72 | 5.6 | 0 |
NSDQ (PERX) | 8.13 | 0 | 9.6 | 0 |
Pershing LLC – ALGO (PERX) | 5.38 | 18.51 | 3.52 | 0.70 |
Bloomberg Tradebook LLC, (BOOK) | 4.18 | 0 | 4.93 | 0 |
Nasdaq (NSDQ) | 3.05 | 0.22 | 1.16 | 82.52 |
Direct Edge – Pershing (PERX) | 1.52 | 0 | 1.8 | 0 |
KCG Americas LLC (DTTX) | .58 | 0 | 0.69 | 0 |
Fog Equities, LLC (FOGS) | 0.18 | 0.54 | 0.13 | 0 |
BATS-(PERX) | 0.60 | 0 | 0.70 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 0.05 | 0 | 0.06 | 0 |
Instinet, Inc. (INET) | 0.05 | 0 | 0.06 | 0 |
Time period: Quarter Ending March 31, 2018
Securities Listed on the New York Stock Amex or Regional Exchanges
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 4.85 | 94.19 | 0.96 |
ARCA -DMA -Pershing LLC (PERX) | 59.16 | 0 | 62.73 | 7.37 |
Citadel Securities LLC (CDRG) | 24.30 | 86.00 | 21.34 | 3.76 |
Bloomberg Tradebook LLC, (BOOK) | 10.05 | 0 | 10.67 | 0 |
ITG (ITGI) | 4.78 | 0 | 5.07 | 0 |
Pershing LLC – ALGO (PERX) | 1.54 | 14.00 | 0.16 | 74.06 |
KCG Americas LLC (DTTX) | 0.17 | 0 | 0.03 | 14.81 |
Time period: Quarter Ending March 31, 2018
Exchange-Listed Options
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100.00% | 22.11% | 53.70% | 24.19% |
NYSE Market LLC (AMEX) | 31.91% | 44.34% | 23.30% | 39.66% |
Gemini | 12.83% | 8.96% | 19.81% | 086% |
International Securities Exchange (ISE) | 13.24% | 10.38% | 5.24% | 33.62% |
Nasdq OMX PHLX (PHLX) | 10.95% | 0.94% | 14.95% | 11.21% |
New York Stock Exchange/Archipelago Holdings (PSE) | 2.29% | 0.47% | 0.97% | 6.90% |
Volant | 28.78% | 34.91% | 35.73% | 7.76% |
100% of total customer orders were non-directed orders.
Material Aspects of Relationships with Routed Venues.
Securities Listed on the New York Stock Exchange Euronext
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 26.25 | 73.11 | 0.64 |
Citadel Securities LLC (CDRG) | 40.97 | 14.57 | 50.8 | 0 |
Pershing LLC (PERX) | 26.36 | 10.62 | 31.62 | 70.12 |
ITG (ALTX) | 22.65 | 67.86 | 6.62 | 0 |
KCG Americas LLC (DTTX) | 5.16 | 3.23 | 5.9 | 0 |
Bloomberg Tradebook LLC, (BOOK) | 2.38 | 0 | 3.25 | 0 |
E & J Securities, Corp. (EANJ) | 1.11 | 0.87 | 1.2 | 0 |
Puma Capital LLC (PUMA) | 0.4 | 1.52 | 0 | 0 |
Empire Executions, Inc. (ECKH) | 0.34 | 0.49 | 0.28 | 0 |
Fog Equities, LLC (FOGS) | 0.22 | 0.83 | 0 | 0 |
Nasdaq (NSDQ) | 0.19 | 0 | 0 | 29.88 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 0.16 | 0 | 0.22 | 0 |
Instinet, Inc. (INET) | 0.07 | 0 | 0.1 | 0 |
Time period: Quarter Ending December 31, 2017
Securities Listed on the Nasdaq Stock Market
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Others % |
---|---|---|---|---|
TOTAL | 100 | 22.79 | 75.82 | 1.4 |
Citadel Securities LLC (CDRG) | 42.61 | 16.23 | 51.33 | 0 |
ITG (ALTX) | 26.44 | 78.19 | 11.38 | 0.05 |
Pershing LLC (PERX) | 21.11 | 5.05 | 24.78 | 83.63 |
KCG Americas LLC (DTTX) | 4.59 | 0.15 | 6.01 | 0 |
Bloomberg Tradebook LLC, (BOOK) | 4.05 | 0 | 5.34 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 0.61 | 0 | 0.81 | 0 |
Nasdaq (NSDQ) | 0.56 | 0.38 | 0.32 | 16.32 |
Instinet, Inc. (INET) | 0.03 | 0 | 0.05 | 0 |
Time period: Quarter Ending December 31, 2017
Securities Listed on the New York Stock Amex or Regional Exchanges
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 2.62 | 97.05 | 0.33 |
Pershing LLC (PERX) | 50.82 | 11.68 | 51.95 | 29.33 |
Bloomberg Tradebook LLC, (BOOK) | 18.28 | 0 | 18.83 | 0 |
Citadel Securities LLC (CDRG) | 15.48 | 22.9 | 15.33 | 0 |
ITG (ALTX) | 7.1 | 4.78 | 7.19 | 0 |
KCG Americas LLC (DTTX) | 4.23 | 18.69 | 3.62 | 70.67 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 1.98 | 0 | 2.04 | 0 |
Fog Equities LLC (FOG) | 1.1 | 41.96 | 0 | 0 |
Instinet, Inc. (INET) | 1.02 | 0 | 1.05 | 0 |
Time period: Quarter Ending December 31, 2017
Exchange-Listed Options
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100.00% | 15.09% | 68.40% | 16.51% |
NYSE Market LLC (AMEX) | 36.09% | 33.11% | 32.94% | 51.85% |
Gemini | 22.83% | 14.86% | 28.61% | 6.17% |
Volant | 17.53% | 33.78% | 17.88% | 1.23% |
Nasdq OMX PHLX (PHLX) | 12.33% | 5.41% | 10.73% | 25.31% |
International Securities Exchange (ISE) | 9.68% | 12.84% | 8.79% | 10.49% |
New York Stock Exchange/Archipelago Holdings (PSE) | 1.53% | 0.00% | 1.04% | 4.94% |
100% of total customer orders were non-directed orders.
Material Aspects of Relationships with Routed Venues.
Securities Listed on the New York Stock Exchange Euronext
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 26.73 | 72.21 | 1.07 |
Pershing LLC (PERX) | 36.09 | 35.67 | 35.38 | 94.62 |
Alternet Securities, Inc. (ALTX) | 28.68 | 53.48 | 19.87 | 4.12 |
KCG Americas LLC (DTTX) | 19.47 | 3.75 | 25.57 | 0.01 |
Bloomberg Tradebook LLC, (BOOK) | 10.93 | 0 | 15.14 | 0 |
Merrill Lynch (MLCO) | 1.89 | 3 | 1.51 | 0 |
E & J Securities, Corp. (EANJ) | 1.67 | 1.18 | 1.86 | 1.25 |
Fog Equities, LLC (FOGS) | 0.71 | 2.65 | 0 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 0.24 | 0 | 0.33 | 0 |
Empire Executions, Inc. (ECKH) | 0.22 | 0.28 | 0.2 | 0 |
Instinet, Inc. (INET) | 0.09 | 0 | 0.12 | 0 |
Nasdaq (NSDQ) | 0.01 | 0 | 0.02 | 0 |
Time period: Quarter Ending September 30, 2017
Securities Listed on the Nasdaq Stock Market
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Others % |
---|---|---|---|---|
TOTAL | 100 | 36.17 | 63.09 | 0.74 |
Alternet Securities, Inc. (ALTX) | 43.2 | 88.46 | 17.74 | 1.04 |
Pershing LLC (PERX) | 34.93 | 9.68 | 49.22 | 51.38 |
KCG Americas LLC (DTTX) | 12.04 | 1.01 | 18.5 | 0 |
Bloomberg Tradebook LLC, (BOOK) | 7.11 | 0 | 11.27 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 1.35 | 0 | 2.14 | 0 |
Nasdaq (NSDQ) | 0.97 | 0.04 | 0.96 | 47.58 |
Merrill Lynch (MLCO) | 0.31 | 0.66 | 0.12 | 0 |
Fog Equities, LLC (FOGS) | 0.05 | 0.14 | 0 | 0 |
Instinet, Inc. (INET) | 0.03 | 0 | 0.05 | 0 |
E & J Securities, Corp. (EANJ) | 0.01 | 0.02 | 0.01 | 0 |
Time period: Quarter Ending September 30, 2017
Securities Listed on the New York Stock Amex or Regional Exchanges
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 34 | 65.94 | 0.06 |
Pershing LLC (PERX) | 71.66 | 97.09 | 58.52 | 100 |
Alternet Securities, Inc. (ALTX) | 14.25 | 0.01 | 21.6 | 0 |
Bloomberg Tradebook LLC, (BOOK) | 5.55 | 0 | 8.41 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 3.63 | 0 | 5.5 | 0 |
KCG Americas LLC (DTTX) | 2.87 | 0.72 | 3.98 | 0 |
Instinet, Inc. (INET) | 1.31 | 0 | 1.98 | 0 |
Merrill Lynch (MLCO) | 0.74 | 2.18 | 0 | 0 |
Time period: Quarter Ending September 30, 2017
Exchange-Listed Options
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTALS | 100.00% | 1.60% | 51.85% | 45.68% |
NYSE Market LLC (AMEX) | 32.96% | 7.69% | 11.19% | 58.65% |
Bank of America / Merrill Lynch (BAML) | 18.52% | 46.15% | 30.48% | 4.32% |
Gemini | 19.63% | 15.38% | 35.95% | 1.62% |
International Securities Exchange, LLC (ISE) | 11.23% | 7.69% | 7.62% | 14.86% |
Nasdaq OMX PHLX (PHLX) | 4.20% | 7.69% | 0.95% | 7.30% |
New York Stock Exchange/Archipelago Holdings (PSE) | 7.53% | 0.00% | 3.57% | 12.43% |
Volant | 5.93% | 15.38% | 10.24% | 0.81% |
100% of total customer orders were non-directed orders.
Material Aspects of Relationships with Routed Venues.
Securities Listed on the New York Stock Exchange Euronext
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 20.04 | 79.65 | 0.31 |
Pershing LLC (PERX) | 43.61 | 31.81 | 46.47 | 72.73 |
Alternet Securities, Inc. (ALTX) | 19.8 | 44.27 | 13.72 | 0 |
Bloomberg Tradebook LLC, (BOOK) | 15.84 | 0 | 19.89 | 0 |
KCG Americas LLC (DTTX) | 12.49 | 2.59 | 15.01 | 5.23 |
Merrill Lynch (MLCO) | 5.44 | 15.54 | 2.92 | 0 |
E & J Securities, Corp. (EANJ) | 2.15 | 4.06 | 1.6 | 22.05 |
Fog Equities, LLC (FOGS) | 0.32 | 1.56 | 0.01 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 0.16 | 0 | 0.2 | 0 |
Empire Executions, Inc. (ECKH) | 0.11 | 0.18 | 0.1 | 0 |
Instinet, Inc. (INET) | 0.05 | 0 | 0.07 | 0 |
Nasdaq (NSDQ) | 0.02 | 0 | 0.02 | 0 |
Time period: Quarter Ending June 30, 2017
Securities Listed on the Nasdaq Stock Market
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Others % |
---|---|---|---|---|
TOTAL | 100 | 18.36 | 80.47 | 1.17 |
Pershing LLC (PERX) | 46.45 | 21.65 | 51.83 | 65.43 |
Alternet Securities, Inc. (ALTX) | 22.74 | 60.47 | 14.46 | 0 |
Bloomberg Tradebook LLC, (BOOK) | 12.32 | 0 | 15.31 | 0 |
KCG Americas LLC (DTTX) | 9.39 | 2.67 | 11.05 | 0.46 |
Merrill Lynch (MLCO) | 5.6 | 10.85 | 4.49 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 1.33 | 0 | 1.65 | 0 |
Fog Equities, LLC (FOGS) | 0.96 | 4.18 | 0.24 | 0 |
Nasdaq (NSDQ) | 0.7 | 0.18 | 0.33 | 34.11 |
Instinet, Inc. (INET) | 0.51 | 0 | 0.63 | 0 |
Time period: Quarter Ending June 30, 2017
Securities Listed on the New York Stock Amex or Regional Exchanges
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 4.29 | 95.13 | 0.58 |
Pershing LLC (PERX) | 45.68 | 32.47 | 46.36 | 31.61 |
Bloomberg Tradebook LLC, (BOOK) | 23.96 | 0 | 25.18 | 0 |
KCG Americas LLC (DTTX) | 10.59 | 2.77 | 10.59 | 68.39 |
Alternet Securities, Inc. (ALTX) | 8.73 | 1.47 | 9.11 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 4.77 | 0 | 5.02 | 0 |
Merrill Lynch (MLCO) | 3.49 | 62.92 | 0.84 | 0 |
Instinet, Inc. (INET) | 2.66 | 0 | 2.8 | 0 |
E & J Securities, Corp. (EANJ) | 0.11 | 0.37 | 0.1 | 0 |
Time period: Quarter Ending June 30, 2017
Exchange-Listed Options
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100% | 1.54% | 66.77% | 31.69% |
NYSE Market LLC (AMEX) | 24.92% | 0.00% | 27.65% | 20.39% |
Bank of America / Merrill Lynch (BAML) | 21.23% | 20% | 25.35% | 12.62% |
GEMINI | 19.08% | 40% | 27.65% | 0.00% |
Nasdaq OMX PHLX (PHLX) | 15.38% | 0% | 6.91% | 33.98% |
International Securities Exchange, LLC (ISE) | 11.69% | 40% | 7.37% | 19.42% |
New York Stock Exchange/Archipelago Holdings (PSE) | 7.69% | 0% | 5.07% | 13.59% |
100% of total customer orders were non-directed orders.
Material Aspects of Relationships with Routed Venues.
Time period: Quarter Ending March 31, 2017
Securities Listed on the New York Stock Exchange Euronext
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 15.21 | 82.03 | 2.76 |
Pershing LLC (PERX) | 49.96 | 44.23 | 49.45 | 96.9 |
KCG Americas LLC (DTTX) | 19.62 | 9.73 | 22.11 | 0.02 |
Bloomberg Tradebook LLC, (BOOK) | 18.23 | 0 | 22.22 | 0 |
Alternet Securities, Inc. (ALTX) | 6.03 | 30.26 | 1.74 | 0 |
E & J Securities, Corp (EANJ) | 2.57 | 3.98 | 2.3 | 3.08 |
Bank of America (MLCO) | 1.75 | 8.14 | 0.62 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 0.67 | 0 | 0.81 | 0 |
Fog Equities, LLC (FOGS) | 0.61 | 3.55 | 0.09 | 0 |
Instinet, Inc. (INET) | 0.37 | 0 | 0.45 | 0 |
Farina & Associates, Inc. (FARA) | 0.17 | 0.11 | 0.19 | 0 |
Nasdaq (NSDQ) | 0.02 | 0 | 0.02 | 0 |
Time period: Quarter Ending March 31, 2017
Securities Listed on the Nasdaq Stock Market
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Others % |
---|---|---|---|---|
TOTAL | 100 | 14.35 | 83.93 | 1.72 |
Pershing LLC (PERX) | 55.25 | 45.67 | 56.53 | 72.86 |
KCG Americas LLC (DTTX) | 15.9 | 4.4 | 18.2 | 0 |
Bloomberg Tradebook LLC, (BOOK) | 14.38 | 0 | 17.13 | 0 |
Alternet Securities, Inc. (ALTX) | 11.73 | 47.74 | 5.81 | 0 |
Bank of America (MLCO) | 1.17 | 1.44 | 1.15 | 0 |
Nasdaq (NSDQ) | 0.99 | 0.18 | 0.59 | 27.14 |
E & J Securities, Corp. (EANJ) | 0.07 | 0 | 0.09 | 0 |
Instinet, Inc. (INET) | 0.04 | 0 | 0.04 | 0 |
Fog Equities, LLC (FOGS) | 0.09 | 0.57 | 0.01 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 0.38 | 0 | 0.45 | 0 |
Time period: Quarter Ending March 31, 2017
Securities Listed on the New York Stock Amex or Regional Exchanges
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 13.34 | 86.66 | 0 |
Pershing LLC (PERX) | 53.52 | 74.14 | 50.35 | 0 |
Bloomberg Tradebook LLC, (BOOK) | 24.75 | 0 | 28.56 | 0 |
KCG Americas LLC (DTTX) | 17.65 | 13.28 | 18.33 | 0 |
Alternet Securities, Inc. (ALTX) | 2.23 | 12.57 | 0.64 | 0 |
Nasdaq Execution Services (NSDQ-TRF-FBNW) | 1.17 | 0 | 1.35 | 0 |
Instinet, Inc. (INET) | 0.6 | 0 | 0.69 | 0 |
E & J Securities, Corp. (EANJ) | 0.07 | 0 | 0.08 | 0 |
Time period: Quarter Ending March 31, 2017
Exchange-Listed Options
Route Venue | Total Orders % | Market Orders % | Limit Orders % | Other Orders % |
---|---|---|---|---|
TOTAL | 100 | 9.34 | 76.83 | 13.84 |
International Securities Exchange, LLC (ISE) | 36.56 | 43.37 | 35.29 | 39.02 |
NYSE Market LLC (AMEX) | 22.72 | 4.82 | 24.16 | 26.83 |
Bank of America (BAML) | 22.50 | 31.33 | 24.60 | 4.88 |
Nasdaq OMX PHLX (PHLX) | 7.99 | 6.02 | 7.47 | 12.20 |
GEMINI | 7.31 | 14.46 | 7.61 | 0.81 |
New York Stock Exchange/Archipelago Holdings (PSE) | 2.36 | 0 | 0.29 | 15.45 |
Chicago Board Option Exchange (CBOE) | 0.34 | 0 | 0.29 | 0.81 |
Knight Options | 0.22 | 0 | 0.29 | 0.00 |
100% of total customer orders were non-directed orders.