| Meridian Equity Partners | ||||||||||||
| SEC-Required Report on Routing of Customer Orders | ||||||||||||
| For Quarter Ending June 2016 | ||||||||||||
| AMEX | ||||||||||||
| Total | Directed% | Non-Directed% | Limit% | Market% | Other% | Venue | Routed% | Limit% | Market% | Other% | Compensation for order flow | |
| 38 | 0 | 100 | 39.47 | 55.26 | 5.26 | |||||||
| NYSE | 84.21 | 60 | 100 | 100 | ||||||||
| FDSA | 7.89 | 20 | 0 | 0 | ||||||||
| GLPS | 5.26 | 13.33 | 0 | 0 | ||||||||
| ARCA | 2.63 | 6.67 | 0 | 0 | ||||||||
| NYSE | ||||||||||||
| Total | Directed% | Non-Directed% | Limit% | Market% | Other% | Venue | Routed% | Limit% | Market% | Other% | Compensation for order flow | |
| 7139 | 0 | 100 | 78.96 | 19.76 | 1.27 | |||||||
| ARCA | 35.33 | 44.12 | 0.35 | 32.97 | ||||||||
| FDSA | 32.75 | 41.32 | 0 | 9.89 | ||||||||
| NYSE | 22.99 | 4.24 | 96.81 | 39.56 | ||||||||
| INCA | 7.21 | 8.83 | 0.14 | 16.48 | ||||||||
| NSDQ | 0.7 | 0.87 | 0 | 1.1 | ||||||||
| GLPS | 0.62 | 0.11 | 2.69 | 0 | ||||||||
| IEXG | 0.41 | 0.51 | 0 | 0 | ||||||||
| OTC | ||||||||||||
| Total | Directed% | Non-Directed% | Limit% | Market% | Other% | Venue | Routed% | Limit% | Market% | Other% | Compensation for order flow | |
| 5762 | 0 | 100 | 92.97 | 5.19 | 1.84 | |||||||
| ARCA | 37.16 | 39.54 | 5.69 | 5.66 | ||||||||
| FDSA | 27.06 | 28.92 | 0.67 | 7.55 | ||||||||
| NSDQ | 20.1 | 18.87 | 26.42 | 64.15 | ||||||||
| INCA | 9.25 | 8.36 | 24.41 | 11.32 | ||||||||
| NYSE | 2.27 | 1.49 | 16.05 | 2.83 | ||||||||
| GLPS | 2.05 | 0.62 | 26.09 | 6.6 | ||||||||
| IEXG | 1.94 | 2.09 | 0 | 0 | ||||||||
| STN42 | 0.16 | 0.09 | 0.67 | 1.89 | ||||||||
| BNY | 0.02 | 0.02 | 0 | 0 | ||||||||
| 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 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. |
|||||||||||
| 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 | |||||||||||
| 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 | |||||||||||
| BMLOPT | BAML Option algos | |||||||||||
| STN | Collins Stewart | |||||||||||
| JSES | Jane Street | |||||||||||
| IEXG | IEX smart order router | |||||||||||
| FDSA | Fidessa | |||||||||||
| NSDQ | Nasdaq | |||||||||||
| ATMC | Cowen ATM algos | |||||||||||
| NYSE | NYSE Floor Brokers | |||||||||||
| ITGI | ITG algos | |||||||||||
| NYX | KCG (getco) algos | |||||||||||
| ITGT | ITG | |||||||||||
| CPEX | Clearpool algos | |||||||||||
| 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 Option algos | |||||||||||
| CIBC | CIBC | |||||||||||
| YKTN | Blackmont Capital | |||||||||||
| TREK | Algorithm Trading | |||||||||||