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.

If you send a request via email to, 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.

In arranging for the execution of non-directed orders for equities and listed options, ChoiceTrade seeks out industry-leading execution services and access to the best-performing markets. ChoiceTrade routes orders for execution to unaffiliated broker-dealers, who may act as market maker or manage execution of the orders in other market venues.

At ChoiceTrade we put our clients' interests first. Therefore, best execution for our clients always takes priority when determining where to route orders. Any eligible rebates from a particular market center are not a consideration in order routing decisions.