Q1 Q2 Q3 Q4 2007 2008 2009 2010 2011
SEC Rule 606 Report / ViewTrade / 4th 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 15.68 81.97 2.35
Nasdaq OMX Group 0.27 0.03 0.33 0.00
Knight Capital Markets 99.73 99.97 99.67 100.00
99.73% of total customer orders were non-directed orders.
Securities Listed on The Nasdaq Stock Market
Route VenuesTotal (%)Market (%)Limit (%)Other (%)
Total (%) 100.00 15.41 82.13 2.46
Nasdaq OMX Group 0.29 0.07 0.34 0.00
Knight Capital Markets 99.71 99.93 99.66 100.00
99.71% of total customer orders were non-directed orders.
Securities Listed on American Stock Exchange or Regional Exchanges
Route VenuesTotal (%)Market (%)Limit (%)Other (%)
Total (%) 100 11.37 87.98 0.64
Knight Equity Markets 100.00 100.00 100.00 100.00
100% of total customer orders were non-directed orders.
Exchange-Listed Options
Route VenuesTotal (%)Limit (%)Market (%)Other (%)
AMEX 0.77 70.27 18.92 10.81
BOX 3.19 33.99 66.01 0.00
CBOE 18.45 73.98 22.06 3.96
ISE 14.21 72.25 24.23 3.52
NOM 2.19 80.00 20.00 0.00
PCX 38.86 91.78 7.95 0.27
PHLX 22.31 68.85 25.91 5.24
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.