Stern Brothers
SEC-Required Report on Routing of Customer Orders
For Quarter Ending June 2021

NYSE

Order Count	Directed%	Non-Directed%	Venue	Routed%	Limit%	Market%	Other%
372	0	100	Total:	100	49.19	17.74	33.06
			PERSUS	61.29	99.45	69.7	0
			CUTRPT	38.17	0	28.79	100
			ANOS	0.54	0.55	1.52	0

NYSE MKT

Order Count	Directed%	Non-Directed%	Venue	Routed%	Limit%	Market%	Other%
6	0	100	Total:	100	16.67	33.33	50.00
			CUTRPT	50	0	0	100
			PERSUS	50	100	100	0

NASDAQ

Order Count	Directed%	Non-Directed%	Venue	Routed%	Limit%	Market%	Other%
279	0	100	Total:	100	18.64	27.96	53.41
			CUTRPT	58.06	0	20.51	97.99
			PERSUS	41.94	100	79.49	2.01

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
CUTRPT
ANOS
PERSUS