LPCM
SEC-Required Report on Routing of Customer Orders
For Quarter Ending SEPTEMBER 2014
 
AMEX
Directed% Non-Directed% Limit% Market% Other% Venue Routed% Limit% Market% Other% Compensation for order flow
0 100 91.42 5.71 2.85
ARCA 5.71 3.125 0.00 100
BATSZ 17.14 18.75 0.00 0.00
BNY 20.00 21.87 0.00 0.00
CCMX 17.14 15.62 50.00 0.00
EDGX 37.14 40.62 0.00 0.00
NYSE 2.85 0.00 50.00 0.00
 
NYSE
Directed% Non-Directed% Limit% Market% Other% Venue Routed% Limit% Market% Other% Compensation for order flow
0 100 86.44 5.52 8.02
ARCA 14.22 7.30 3.04 96.50
BATSZ 41.11 43.57 57.36 3.49
BNY 2.02 2.30 0.50 0.00
CCMX 4.35 4.02 15.73 0.00
CDRG2 0.02 0.03 0.00 0.00
EDGX 37.10 42.43 7.61 0.00
NYSE 1.15 0.32 15.73 0.00
 
NASDAQ
Directed% Non-Directed% Limit% Market% Other% Venue Routed% Limit% Market% Other% Compensation for order flow
0 100 93.76 3.09 3.13
ARCA 8.30 5.68 1.33 93.42
BATSZ 38.00 38.50 54.66 6.57
BNY 1.70 1.05 2.66 0.00
CCMX 10.78 10.74 22.66 0.00
CDRG2 0.04 0.04 0.00 0.00
EDGA 0.08 0.08 0.00 0.00
EDGX 40.47 42.77 12.00 0.00
FDSA 1.03 1.10 0.00 0.00
NYSE 0.20 0.00 6.66 0.00
 

Glossary

 Total

 Total Number of orders routed to all destinations during the quarter.

 Non-Directed%

 The percentage of total orders from the provider that were non-directed orders.

 Directed%

 The percentage of total orders from the provider that were directed orders.

 Market%

 The percentage of total non-directed customer orders that were market orders.

 Limit%

 The percentage of total non-directed customer orders that were limit orders.

 Other%

 The percentage of total non-directed customer orders that were special handling orders and any orders that must
 be executed on a particular tick or bid.

 Venue

 List of the venues to which non-directed orders were routed for execution

 Routed%

 The percentage of total non-directed orders routed to the venue

 Market%

 The percentage of total non-directed market orders routed to the venue

 Limit%

 The percentage of total non-directed limit orders routed to the venue

 Other%

 The percentage of total non-directed other orders routed to the venue. Other orders include special handling
 orders and any orders that must be executed on a particular tick or bid.

 Compensation for order flow

 Rebates, if any, received for routing orders to certain venues

 ARCA

 Archipelago ECN

 INET

 Instinet ECN 

 NITE

 Knight Securities, L.P

 DOT

 NYFIX DOT

 ML

 BroadCourt Transaction services

 PRIMEFLR

 Prime Floor (NYSE Floor Broker)

 FANC

 Finance 500

 PTFLR

 Preferred Floor (NYSE Floor Broker)

 IAB

 Interactive Brokers

 TSE  Toronto Stock Exchange
 ISP  ISE (International Securities Exchange)
 PCXOPT  Pacific Coast Exchange (options)
 AFIXNY  Amex floor (NYSE)
 TDATK  Arca
 PCX  Pacific Coast Exchange
 AFIX  Amex floor
 DATK  Arca
 BCAP Barclays Capital
 B-SOR Barclays - Smart Order Router
 CBSX CBOE Stock Exchange
 NFIX NYFIX
 BRUT NASDAQ
 SIAC NYSE SIAC Connection
 JEFF Jefferies
 ISFX ISE
 EDGX Direct Edge ECN
 UBSS UBS
 VNDM Vandham securities
 VNDS Vandham securities
 MLTS Miletus Trading
 HDSN Hudson Securities
 INCA Instinet
 DOMS Domestic Securities
 CICF Canaccord
 SUSQ Susquehanna Securities
 CIBC CIBC
 YKTN Blackmont Capital
 TREK Algorithm Trading