SEC Rule 606 Report / ViewTrade / 1st Quarter, 2012
(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 |
14.8536 |
83.0658 |
2.0806 |
| NYSE ARCA |
0.5007 |
0.0000 |
0.6027 |
0.0000 |
| PDQ ATS, Inc. |
0.1736 |
0.4573 |
0.1272 |
0.0000 |
| Credit Suisse |
17.3996 |
82.4865 |
6.1968 |
0.0000 |
| Direct Edge (EDGX) ¹ |
12.9088 |
0.4234 |
15.4648 |
0.0000 |
| NASDAQ OMX Group |
0.2918 |
0.0000 |
0.3513 |
0.0000 |
| Knight Equity Markets |
37.4962 |
9.8747 |
42.0602 |
52.4788 |
| Citi Group |
28.6832 |
6.7581 |
32.1319 |
47.5212 |
| BATS Exchange (Z) |
2.5460 |
0.0000 |
3.00651 |
0.0000 |
Securities Listed on Nasdaq
| Route Venues | Total (%) | Market (%) | Limit (%) | Other (%) |
| Total (%) |
100.0000 |
14.8234 |
82.7855 |
2.3900 |
| NYSE ARCA |
0.7359 |
0.0000 |
0.8889 |
0.0000 |
| BATS Exchange (Z) |
1.5897 |
0.0000 |
1.9203 |
0.0000 |
| Credit Suisse |
16.4759 |
84.4699 |
4.7769 |
0.0000 |
| Direct Edge (EDGX) ¹ |
13.1655 |
0.6537 |
15.7861 |
0.0000 |
| Nasdaq OMX Group |
0.4557 |
0.0000 |
0.5505 |
0.0000 |
| Knight Equity Markets |
33.8423 |
7.7739 |
38.1809 |
45.2355 |
| PDQ ATS, Inc. |
0.0052 |
0.0000 |
0.0063 |
0.0000 |
| Citi Group |
25.8152 |
4.9647 |
29.2059 |
37.6779 |
| UBS Securities, LLC |
7.9145 |
2.1378 |
8.6839 |
17.0865 |
Securities Listed on American Stock Exchange
| Route Venues | Total (%) | Market (%) | Limit (%) | Other (%) |
| Total (%) |
100.0000 |
24.5416 |
71.8348 |
4.0100 |
| Credit Suisse |
24.8854 |
84.7009 |
5.7054 |
0.0000 |
| Direct Edge (EDGX) ¹ |
13.1739 |
1.2453 |
17.9139 |
0.0000 |
| Nasdaq OMX Group |
0.7095 |
0.0000 |
0.9876 |
0.0000 |
| Knight Equity Markets |
33.6389 |
8.2277 |
41.1153 |
51.9728 |
| Citi Group |
27.0683 |
5.8261 |
33.0092 |
48.02721 |
| NYSE Arca |
05239 |
0.0000 |
0.7293 |
0.0000 |
| BATS Exchange (Z) |
0.3602 |
0.0000 |
8.7883 |
0.0000 |
| PDQ ATS, Inc. |
0.0273 |
0.0000 |
0.2120 |
0.0000 |
¹ ViewTrade receives rebate for additing liquidity and charges for removing liquidity.
Exchange-Listed Options
| Route Venues | Non-directed (%) | Market (%) | Limit (%) | Other (%) |
| Total (%) |
0.01 |
7.86 |
87.67 |
4.46 |
| BATS |
29.55 |
5.01 |
33.26 |
0.00 |
| PHLX |
26.47 |
23.60 |
26.05 |
39.69 |
| NSDQ |
18.33 |
6.59 |
20.31 |
0.00 |
| CBOE |
10.79 |
21.44 |
8.92 |
28.77 |
| AMEX |
6.46 |
22.62 |
4.95 |
7.80 |
| ISEO |
2.59 |
4.62 |
2.40 |
2.77 |
| BOX |
2.09 |
10.82 |
1.34 |
1.39 |
| ESM_ |
1.36 |
4.23 |
1.04 |
2.60 |
| ARCA |
1.27 |
0.59 |
1.33 |
1.21 |
| C2OP |
1.09 |
0.49 |
0.40 |
15.77 |
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.