Q1 Q2 Q3 Q4 20072008
SEC Rule 606 Report / ViewTrade / 1st Quater, 2007
(Percentages of Total Non-Directed Orders Routed to Individual Route Venues)
Securities Listed on New York Stock Exchange
Route VenuesTotal (%)Market (%)Limit (%)Other (%)
Total (%) 100 10 48 41
Knight Capital Markets 98 100 99 98
90% of total customer orders were non-directed orders.
Securities Listed on The Nasdaq Stock Market
Route VenuesTotal (%)Market (%)Limit (%)Other (%)
Total (%)100 6 60 35
UBS Securities LLC 66 73 67 61
Hudson Securities 21 20 22 17
Knight Equity Markets 5 1 1 12
96% of total customer orders were non-directed orders.
Securities Listed on American Stock Exchange or Regional Exchanges
Route VenuesTotal (%)Market (%)Limit (%)Other (%)
Total (%)100 7 58 35
Auto Trading Desk Fin Svc 91 95 90 90
Knight Capital Markets 9 5 9 8
97% of total customer orders were non-directed orders.
Exchange-Listed Options
Route VenuesTotal (%)Market (%)Limit (%)Other (%)
Total (%)100 6 92 1
Internat'l Secs Exch 35 34 34 67
Chicago Board OptionsExch 27 28 27 11
Philadelphia Exch 19 9 19 22
Pacific Stock Exch 17 17 17 0
100% of total customer orders were non-directed orders.
ViewTrade's (VTDT Retail) order routing decisions are based on the principle of best execution.
The firm has no payment for order flow arrangements with these market centers.