| Meridian Equity Partners | ||||||||||||
| SEC-Required Report on Routing of Customer Orders | ||||||||||||
| For Quarter Ending Sept 2016 | ||||||||||||
| AMEX | ||||||||||||
| Total | Directed% | Non-Directed% | Limit% | Market% | Other% | Venue | Routed% | Limit% | Market% | Other% | Compensation for order flow | |
| 30 | 0 | 100 | 20 | 63.33 | 16.67 | |||||||
| NYSE | 93.33 | 66.67 | 100 | 100 | ||||||||
| ARCA | 6.67 | 33.33 | 0 | 0 | ||||||||
| NYSE | ||||||||||||
| Total | Directed% | Non-Directed% | Limit% | Market% | Other% | Venue | Routed% | Limit% | Market% | Other% | Compensation for order flow | |
| 6160 | 0 | 100 | 80.88 | 17.44 | 1.69 | |||||||
| FDSA | 38.38 | 47.33 | 0.19 | 3.85 | ||||||||
| NYSE | 20.6 | 3.49 | 95.81 | 63.46 | ||||||||
| INCA | 19.04 | 22.9 | 0.09 | 29.81 | ||||||||
| ARCA | 18.73 | 23.02 | 0.56 | 0.96 | ||||||||
| NSDQ | 1.67 | 2.05 | 0.09 | 0 | ||||||||
| GLPS | 1.12 | 0.64 | 3.26 | 1.92 | ||||||||
| IEXG | 0.45 | 0.56 | 0 | 0 | ||||||||
| OTC | ||||||||||||
| Total | Directed% | Non-Directed% | Limit% | Market% | Other% | Venue | Routed% | Limit% | Market% | Other% | Compensation for order flow | |
| 3730 | 0 | 100 | 90.38 | 8.58 | 1.05 | |||||||
| ARCA | 36.57 | 40.08 | 2.81 | 10.26 | ||||||||
| FDSA | 25.58 | 28.09 | 0 | 17.95 | ||||||||
| NSDQ | 16.01 | 14.39 | 33.13 | 15.38 | ||||||||
| INCA | 15.17 | 13.94 | 29.06 | 7.69 | ||||||||
| NYSE | 2.55 | 1.66 | 11.25 | 7.69 | ||||||||
| GLPS | 2.49 | 0.53 | 22.81 | 5.13 | ||||||||
| IEXG | 0.94 | 1.04 | 0 | 0 | ||||||||
| STN42 | 0.67 | 0.27 | 0.63 | 35.9 | ||||||||
| UBSS | 0.03 | 0 | 0.31 | 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 | |||||||||||