Alexander Capital
SEC-Required Report on Routing of Customer Orders
For Quarter Ending September 2018

NYSE

Order Count	Directed%	Non-Directed%	Limit%	Market%	Other%	Venue	Routed%	Limit%	Market%	Other%
79	0	100	22.78	37.97	39.24
						CTDL	50.63	55.56	100	0
						FLEX	39.24	0	0	100
						CPEM	10.13	44.44	0	0

AMEX

Order Count	Directed%	Non-Directed%	Limit%	Market%	Other%	Venue	Routed%	Limit%	Market%	Other%
11	0	100	0.00	27.27	72.73
						FLEX	72.73	0	0	100
						CTDL	18.18	0	66.67	0
						CPEM	9.09	0	33.33	0

NASDAQ

Order Count	Directed%	Non-Directed%	Limit%	Market%	Other%	Venue	Routed%	Limit%	Market%	Other%
120	0	100	70.83	17.50	11.67
						CTDL	65	68.24	95.24	0
						CPEM	23.33	31.76	4.76	0
						FLEX	11.67	0	0	100

OPTIONS

Order Count	Directed%	Non-Directed%	Limit%	Market%	Other%	Venue	Routed%	Limit%	Market%	Other%
42	0	100	97.62	2.38	0.00
						CDGO	100	100	100	0

Glossary
Order Count	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	Material Aspects of relationship with a venue maybe furnished upon request
FLEX	FlexTrade Systems, LLC
CPEM	ClearPool
CTDL	Citadel
CDGO	Citadel