SEC Rule 11Ac1-6
Disclosure of SEC-Required Order Routing Information OTA LLC 4th Quarter 2003
In accordance with Securities and Exchange Commission ("SEC") requirements, OTA LLC 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 LLC 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.
|
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% |
|
NYSE |
96.26% |
|
OTA |
3.71% |
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 this venue.
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:
The firm may generate profits as a result of its trading as principal with customer orders.
|
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% |
|
ARCA |
91.57% |
|
NASDAQ |
6.96% |
|
OTA |
1.47% |
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 this venue.
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 this venue.
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:
The firm may generate profits as a result of its trading as principal with customer orders.
|
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% |
|
AMEX |
72.84% |
|
ARCA |
17.49% |
|
OTA |
8.75% |
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 this venue.
The firm may generate profits as a result of its trading as principal with customer orders.
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 this venue.
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:
|
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% |
|
ISE |
44.34% |
|
CBOE |
21.43% |
|
AMEX |
15.06% |
|
PHLX |
12.55% |
|
PSE |
3.58% |
|
KNIGHT |
2.71% |
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 this venue.
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 this venue.
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 this venue.
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 this venue.
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 this venue.
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 this venue.