San Blas Securities
SEC-Required Report on Routing of Customer Orders
For Quarter Ending June 2020

NYSE

Order Count	Directed%	Non-Directed%	Venue	Routed%	Limit%	Market%	Other%
738	0	100	Total:	100	86.59	13.41	0.00
			SPDR	98.1	100	85.86	0
			00005334	0.81	0	6.06	0
			34136553	0.81	0	6.06	0
			00007334	0.14	0	1.01	0
			NYSE	0.14	0	1.01	0

NYSE MKT

Order Count	Directed%	Non-Directed%	Venue	Routed%	Limit%	Market%	Other%
343	0	100	Total:	100	87.46	12.54	0.00
			SPDR	96.21	97.67	86.05	0
			00005334	1.75	1	6.98	0
			34136553	1.75	1	6.98	0
			CPEM	0.29	0.33	0	0

NASDAQ

Order Count	Directed%	Non-Directed%	Venue	Routed%	Limit%	Market%	Other%
253	0	100	Total:	100	74.31	25.69	0.00
			SPDR	92.89	100	72.31	0
			00005334	2.37	0	9.23	0
			34136553	2.37	0	9.23	0
			NYSE	2.37	0	9.23	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
00005334
34136553
00007334
NYSE	New York Stock Exchange
SPDR	Speed route
CPEM	ClearPool