LPCM Direct
SEC-Required Report on Routing of Customer Orders
For Quarter Ending MARCH 2014
 
AMEX
Non-Directed% Limit% Market% Other% Venue Routed% Limit% Market% Other% Compensation for order flow
100 91.30 8.69 0
BATSZ 13.04 14.28 0 0
CCMX 43.47 47.61 0 0
NITE 34.78 38.09 0 0
NYSE 8.69 0 100 0
 
NYSE
Non-Directed% Limit% Market% Other% Venue Routed% Limit% Market% Other% Compensation for order flow
100 94.77 5.12 0.09
BATSZ 35.80 37.67 0 100
CCMX 50.46 50.08 58.49 0
EDGX 0.48 0.51 0 0
FDSA 0.74 0.78 0 0
NITE 9.79 8.90 26.41 0
NYSE 2.70 2.04 15.09 0
 
NASDAQ
Non-Directed% Limit% Market% Other% Venue Routed% Limit% Market% Other% Compensation for order flow
100 96.08 3.86 0.096
BATSZ 35.01 36.39 0 100
CCMX 46.32 45.61 64.55 0
CDRG 0.14 0.15 0 0
EDGX 1.46 1.52 0 0
FDSA 1.61 1.68 0 0
NITE 15.37 14.62 34.17 0
NYSE 0.048 0 1.26 0
 

Disclosure Information

Exchange Act Rule 11Ac1-3. Lampert Capital Markets, Inc. (“LPCM”) directs customer orders to exchanges, electronic communications networks (ECNs), broker dealers and other Reg-NMS protected market venues during the normal course of business. Certain market centres provide remuneration (rebates) or charge access fees depending upon the characteristics of the executions. Details of any payments and fees are available upon written request.

Glossary
 Total

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

 The percentage of total orders from the provider that were non-directed orders.
 Non-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 received for routing orders to certain venues – see below for disclosures
 ARCA

 Archipelago ECN
 BNY

 BNY Convergex