San Blas Securities
SEC-Required Report on Routing of Customer Orders
For Quarter Ending March 2021

NYSE

Order Count	Directed%	Non-Directed%	Venue	Routed%	Limit%	Market%	Other%
622	0	100	Total:	100	93.09	6.91	0.00
			SPDR	95.98	100	41.86	0
			NYSE	4.02	0	58.14	0

NYSE MKT

Order Count	Directed%	Non-Directed%	Venue	Routed%	Limit%	Market%	Other%
32	0	100	Total:	100	100.00	0.00	0.00
			SPDR	100	100	0	0

NASDAQ

Order Count	Directed%	Non-Directed%	Venue	Routed%	Limit%	Market%	Other%
275	0	100	Total:	100	89.45	10.18	0.36
			SPDR	92.73	100	28.57	100
			NYSE	7.27	0	71.43	0

OPTIONS

Order Count	Directed%	Non-Directed%	Venue	Routed%	Limit%	Market%	Other%
0	0	0	Total:	0	0	0	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.
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
NYSE	New York Stock Exchange
SPDR	Speed route