SEC 11Ac1-6 - ChoiceTrade, Inc. 3rd Qtr, 2017
(Percentages of Total Non-Directed Orders Routed to Individual Route Venues)
ChoiceTrade has prepared this report pursuant to a U.S. Securities and Exchange Commission rule requiring all brokerage firms to make publicly available quarterly reports on their order routing practices. The report provides information on routing of "non-directed orders" - any order that the customer has not specifically instructed to be routed to a particular venue on behalf of its customers.
The report is divided into four sections: one for securities listed on the New York Stock Exchange and reported as a Network A eligible security; one for securities listed on the Nasdaq Stock Market; one for securities listed on the American Stock Exchange or regional exchanges and reported as a Network B eligible security; and one for exchange-listed options. For each section, this report identifies the venues most often selected by ChoiceTrade, sets forth the percentage of various types of orders routed to the venues, and discusses the material aspects of ChoiceTrade's relationship with the venues.
Securities Listed on New York Stock Exchange
Securities Listed on The Nasdaq Stock Market
Securities Listed on American Stock Exchange or Regional Exchanges
Material Aspects of Relationship with Route Venues
I. Securities listed on the New York Stock Exchange:
II. NASDAQ securities:
BANK OF NEW YORK
III. Securities Listed on the American Stock Exchange or Regional Exchanges:
IV. Exchange-Listed Options:
ChoiceTrade is charged a fee for directing certain orders and receives payment of zero to .85 per contract for certain other orders.
If you send a request via email to email@example.com, we will tell you the identity of the venue to which your orders were routed for execution in the six month prior to the request, whether the orders were directed orders or non-directed orders, and the time of transactions, if any, that resulted from such orders.