Q1 Q2 Q3 Q4 2007 2008 2009 2010 2011
SEC Rule 606 Report / ViewTrade / 2nd Quarter, 2008
(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 11 47 43
Knight Capital Markets 99 100 100 98
94% of total customer orders were non-directed orders.
Securities Listed on The Nasdaq Stock Market
Route VenuesTotal (%)Market (%)Limit (%)Other (%)
Total (%) 100 9 49 42
Knight Equity Markets 99 100 100 97
92% of total customer orders were non-directed orders.
Securities Listed on American Stock Exchange or Regional Exchanges
Route VenuesTotal (%)Market (%)Limit (%)Other (%)
Total (%) 100 9 39 52
Knight Capital Markets 99 100 100 98
96% of total customer orders were non-directed orders.
Exchange-Listed Options
Route VenuesTotal (%)Market (%)Limit (%)Other (%)
Total (%) 100 7 92 1
Archipelago LLC 36 13 38 24
Internat'l Secs Exchange 23 25 22 24
Chicago Board Options Exchange 20 21 20 16
Philadelphia Exchange 17 28 16 36
100% of total customer orders were non-directed orders.
ViewTrade's order routing decisions are based on the principle of best execution.
The firm has no payment for order flow arrangements with these market centers.