In accordance with Securities and Exchange Commission ("SEC") requirements, OTA is publishing statistical information about our routing of certain customers' orders in Nasdaq and listed stocks and listed options.
The required statistics in this, a quarterly, report, are intended to provide only an overview of our order routing practices. Note that based on SEC requirements, the statistics in this report capture only a portion of our order flow. Accordingly, the statistics do not create a reliable basis on which to assess whether OTA or any other trading venue has satisfied its duty of best execution.
We have made every attempt to prepare these statistics in compliance with SEC rules. However, these statistics have not been audited and may contain errors.
Summary Statistics:
|
Non-directed orders as percentage of total customer orders |
100% |
|
Market orders as percentage of total non-directed orders |
0% |
|
Limit orders as percentage of total non-directed orders |
0% |
|
Other orders as percentage of total non-directed orders |
100% |
Venues Receiving Significant Percentage of
Total Non-Directed Orders:
|
OTA |
77.74% |
|
NYSE |
20.82% |
|
MWSE |
0.82% |
|
EID |
0.52% |
|
INSTINET |
0.09% |
Information Concerning Significant Venues:
OTA
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
NYSE
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
MWSE
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
EID
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
INSTINET
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
Summary Statistics:
|
Non-directed orders as percentage of total customer orders |
100% |
|
Market orders as percentage of total non-directed orders |
0% |
|
Limit orders as percentage of total non-directed orders |
0% |
|
Other orders as percentage of total non-directed orders |
100% |
Venues Receiving Significant Percentage of
Total Non-Directed Orders:
|
OTA |
80.24% |
|
NASDAQ |
17.96% |
|
EID |
1.45% |
|
INSTINET |
0.32% |
|
OTHER |
0.02% |
Information Concerning Significant Venues:
OTA
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
NASDAQ
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
EID
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
INSTINET
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
OTHER
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
Summary Statistics:
|
Non-directed orders as percentage of total customer orders |
100% |
|
Market orders as percentage of total non-directed orders |
0% |
|
Limit orders as percentage of total non-directed orders |
0% |
|
Other orders as percentage of total non-directed orders |
100% |
Venues Receiving Significant Percentage of
Total Non-Directed Orders:
|
OTA |
58.37% |
|
AMEX |
29.67% |
|
MWSE |
10.05% |
|
EID |
0.96% |
|
INSTINET |
0.96% |
Information Concerning Significant Venues:
OTA
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
AMEX
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
MWSE
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
EID
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
INSTINET
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
Summary Statistics:
|
Non-directed orders as percentage of total customer orders |
100% |
|
Market orders as percentage of total non-directed orders |
0% |
|
Limit orders as percentage of total non-directed orders |
0% |
|
Other orders as percentage of total non-directed orders |
100% |
Venues Receiving Significant Percentage of
Total Non-Directed Orders:
|
CBOE |
39.81% |
|
ISE |
19.03% |
|
AMEX |
17.43% |
|
PHLX |
14.77% |
|
PSE |
7.04% |
|
PCST |
1.92% |
Information Concerning Significant Venues:
CBOE
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
ISE
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
AMEX
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
PHLX
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
PSE
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.
PCST
Types of Orders Routed to Venue:
|
Market orders as percentage of total market orders |
0% |
|
Limit orders as percentage of total limit orders |
0% |
|
Other orders as percentage of total other orders |
100% |
Material Aspects of Relationship with Venue:
We have no material
relationship with any venue.