SEC Rule 606 Report / ViewTrade / 1st Quarter, 2011
(Percentages of Total Non-Directed Orders Routed to Individual Route Venues)
Securities Listed on New York Stock Exchange
| Route Venues | Total (%) | Market (%) | Limit (%) | Other (%) |
| Total (%) |
100.0000 |
5.6837 |
93.9771 |
0.3592 |
| NYSE ARCA |
0.0011 |
0.0000 |
0.0012 |
0.0000 |
| ViewTrade Securities, Inc. |
49.1209 |
0.0000 |
52.2746 |
0.0000 |
| Credit Suisse |
5.1959 |
91.3790 |
0.0024 |
0.0000 |
| Direct Edge (EDGA) |
0.0022 |
0.020 |
0.0001 |
0.0000 |
| Direct Edge (EDGX) ¹ |
14.8981 |
0.0000 |
15.8546 |
0.0000 |
| Nasdaq OMX Group |
0.3381 |
0.020 |
0.3575 |
0.3175 |
| Knight Equity Markets |
30.3860 |
7.6850 |
31.5016 |
99.6825 |
| Knight Direct |
0.0501 |
0.8972 |
0.0000 |
0.0000 |
| Senton Securities Group, Inc. |
0.0067 |
0.0000 |
0.0071 |
0.0000 |
Securities Listed on Nasdaq
| Route Venues | Total (%) | Market (%) | Limit (%) | Other (%) |
| Total (%) |
100.0000 |
8.4712 |
87.0448 |
4.4800 |
| NYSE ARCA |
0.0030 |
0.0000 |
0.0034 |
0.0000 |
| ViewTrade Securities, Inc. |
7.8999 |
0.0000 |
9.0757 |
0.0000 |
| Credit Suisse |
7.8791 |
93.0102 |
0.0000 |
0.0000 |
| Direct Edge (EDGX) ¹ |
23.8961 |
0.0000 |
27.4492 |
0.0664 |
| Nasdaq OMX Group |
0.4642 |
0.0351 |
0.5300 |
0.0000 |
| Knight Equity Markets |
55.5900 |
6.9550 |
62.3710 |
15.7930 |
| Knight Direct |
3.7729 |
0.0000 |
0.00034 |
84.0743 |
| Senton Securities Group, Inc. |
0.4940 |
0.0000 |
0.5640 |
0.0664 |
| UBS Securities, LLC |
0.0030 |
0.0000 |
0.0034 |
0.0000 |
Securities Listed on American Stock Exchange
| Route Venues | Total (%) | Market (%) | Limit (%) | Other (%) |
| Total (%) |
100.0000 |
7.7899 |
88.6984 |
3.5100 |
| ViewTrade Securities, Inc. |
5.2118 |
0.0000 |
5.8759 |
0.0000 |
| Credit Suisse |
7.2185 |
92.6655 |
0.0000 |
0.0000 |
| Direct Edge (EDGX) ¹ |
17.6282 |
0.0000 |
19.8743 |
0.0000 |
| Nasdaq OMX Group |
0.5156 |
0.0000 |
0.5813 |
0.0000 |
| Knight Equity Markets |
69.4259 |
7.3345 |
73.6685 |
100.0000 |
¹ Direct Edge ECN (EDGX) - ViewTrade Securities, Inc. receives payment from Direct Edge ECN for orders that add liquidity to this venue and are subsequently executed. The rate for adding liquidity for the second quarter 2010 for listed securities was $0.0029 per share. ViewTrade Securities, Inc. is charged for removing liquidity form this venue. The rate for removing liquidity for the second quarter 2010 was $0.0029 per share.
Exchange-Listed Options
| Route Venues | Total (%) | Market (%) | Limit (%) | Other (%) |
| Total (%) |
100.00 |
2.61 |
95.11 |
2.28 |
| AMEX |
9 |
25 |
8 |
4 |
| ARCA |
4 |
5 |
4 |
0 |
| BATS |
11 |
3 |
12 |
0 |
| BOX |
2 |
10 |
1 |
0 |
| CBOE |
15 |
15 |
15 |
5 |
| ISE |
8 |
17 |
7 |
71 |
| NSDQ |
34 |
1 |
36 |
0 |
| PHLX |
18 |
23 |
17 |
20 |
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.