1.3
TD Ameritrade, Inc.
2020
3
2021-05-10T17:04:06Z
2020
07
99.99
18.77
9.18
31.87
40.18
Citadel Securities, LLC
47.34
56.91
56.47
46.93
41.10
661305
12.0000
360461
12.0000
759264
33.7100
97441
9.7700
As detailed above, TD Ameritrade, Inc. receives payment for routing listed equity order flow to market makers. The rates paid vary by the characteristics of the order (e.g., size of order, price of security, marketability), but all market makers pay TD Ameritrade the same rate applicable to any
given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Virtu Americas, LLC
46.83
37.13
36.03
44.12
55.98
419230
12.0000
223393
12.0000
688369
33.3500
94654
8.8100
As detailed above, TD Ameritrade, Inc. receives payment for routing listed equity order flow to market makers. The rates paid vary by the characteristics of the order (e.g., size of order, price of security, marketability), but all market makers pay TD Ameritrade the same rate applicable to any
given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Two Sigma Securities, LLC
5.39
5.97
7.50
7.87
2.69
67617
12.0000
37353
12.0000
75048
32.8800
6601
12.0000
As detailed above, TD Ameritrade, Inc. receives payment for routing listed equity order flow to market makers. The rates paid vary by the characteristics of the order (e.g., size of order, price of security, marketability), but all market makers pay TD Ameritrade the same rate applicable to any
given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
99.99
17.64
12.21
33.66
36.48
Virtu Americas, LLC
47.24
37.87
37.08
44.04
58.11
1566340
12.0000
1646520
12.0000
2625674
25.7600
714364
7.4300
As detailed above, TD Ameritrade, Inc. receives payment for routing listed equity order flow to market makers. The rates paid vary by the characteristics of the order (e.g., size of order, price of security, marketability), but all market makers pay TD Ameritrade the same rate applicable to any
given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Citadel Securities, LLC
46.86
55.95
55.09
46.64
39.90
2370889
12.0000
2366377
12.0000
2584283
25.4100
581530
8.2100
As detailed above, TD Ameritrade, Inc. receives payment for routing listed equity order flow to market makers. The rates paid vary by the characteristics of the order (e.g., size of order, price of security, marketability), but all market makers pay TD Ameritrade the same rate applicable to any
given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Two Sigma Securities, LLC
5.45
6.18
7.82
8.08
1.88
260018
12.0000
270687
12.0000
316992
26.0400
24997
11.9000
As detailed above, TD Ameritrade, Inc. receives payment for routing listed equity order flow to market makers. The rates paid vary by the characteristics of the order (e.g., size of order, price of security, marketability), but all market makers pay TD Ameritrade the same rate applicable to any
given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
99.51
3.17
8.47
33.76
54.59
Citadel Securities, LLC
44.33
44.19
44.08
44.69
44.16
1369748
56.1300
5221992
62.1800
5273103
57.4200
3107608
44.5800
As detailed above, TD Ameritrade, Inc. receives payment for routing listed option order flow to market makers. The rates paid vary by the characteristics of the order (e.g., type of order, pricing of security, market conditions, marketability), but all market makers pay TD Ameritrade the same
rate applicable to any given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Global Execution Brokers LP
27.44
44.12
42.60
30.49
22.24
1319715
56.8600
4706036
63.1400
3517266
57.4200
1541467
44.7600
As detailed above, TD Ameritrade, Inc. receives payment for routing listed option order flow to market makers. The rates paid vary by the characteristics of the order (e.g., type of order, pricing of security, market conditions, marketability), but all market makers pay TD Ameritrade the same
rate applicable to any given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Dash/IMC
12.66
3.81
4.75
9.80
16.17
136560
60.7700
605079
70.4600
1090410
57.4200
1038041
43.0800
As detailed above, TD Ameritrade, Inc. receives payment for routing listed option order flow to market makers. The rates paid vary by the characteristics of the order (e.g., type of order, pricing of security, market conditions, marketability), but all market makers pay TD Ameritrade the same
rate applicable to any given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle. In connection with Dash Financial’s handling of TD Ameritrade’s listed option orders, Dash has
arrangements with multiple unaffiliated liquidity providers, including IMC Chicago, designed to facilitate liquidity and price improvement opportunities. Pursuant to these arrangements, Dash routes listed option orders to exchanges and preferences the liquidity providers consistent with
exchange sponsored programs. It is noted that these liquidity providers provide Dash with remuneration in connection with TD Ameritrade’s listed option orders, including reciprocal order flow consideration or payment per contract in return for TD Ameritrade’s listed option orders that
Dash routes or directs.
Morgan Stanley & Co., LLC
7.59
2.61
2.63
3.06
11.45
85504
60.7900
326794
68.7900
340723
57.4200
682302
42.3900
As detailed above, TD Ameritrade, Inc. receives payment for routing listed option order flow to market makers. The rates paid vary by the characteristics of the order (e.g., type of order, pricing of security, market conditions, marketability), but all market makers pay TD Ameritrade the same
rate applicable to any given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Wolverine Execution Services
6.97
4.30
4.95
10.97
4.97
125530
52.7500
482713
56.8200
1177257
57.4200
207802
44.0900
As detailed above, TD Ameritrade, Inc. receives payment for routing listed option order flow to market makers. The rates paid vary by the characteristics of the order (e.g., type of order, pricing of security, market conditions, marketability), but all market makers pay TD Ameritrade the same
rate applicable to any given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
2020
08
100.00
18.48
9.48
31.95
40.09
Citadel Securities, LLC
49.40
57.26
56.84
48.02
45.11
512279
12.0000
302077
12.0000
648776
33.7000
86435
10.1600
As detailed above, TD Ameritrade, Inc. receives payment for routing listed equity order flow to market makers. The rates paid vary by the characteristics of the order (e.g., size of order, price of security, marketability), but all market makers pay TD Ameritrade the same rate applicable to any
given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Virtu Americas, LLC
44.60
36.26
35.19
43.09
51.86
311444
12.0000
180668
12.0000
573477
33.4100
69484
9.1100
As detailed above, TD Ameritrade, Inc. receives payment for routing listed equity order flow to market makers. The rates paid vary by the characteristics of the order (e.g., size of order, price of security, marketability), but all market makers pay TD Ameritrade the same rate applicable to any
given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Two Sigma Securities, LLC
5.85
6.48
7.97
8.62
2.86
56861
12.0000
32474
12.0000
72205
33.0300
5667
12.0000
As detailed above, TD Ameritrade, Inc. receives payment for routing listed equity order flow to market makers. The rates paid vary by the characteristics of the order (e.g., size of order, price of security, marketability), but all market makers pay TD Ameritrade the same rate applicable to any
given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
99.99
16.39
12.08
32.72
38.82
Citadel Securities, LLC
48.53
56.65
56.02
48.00
43.23
1840130
12.0000
2016534
12.0000
2149138
26.9400
503647
8.2800
As detailed above, TD Ameritrade, Inc. receives payment for routing listed equity order flow to market makers. The rates paid vary by the characteristics of the order (e.g., size of order, price of security, marketability), but all market makers pay TD Ameritrade the same rate applicable to any
given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Virtu Americas, LLC
45.79
36.93
35.87
43.20
54.81
1169854
12.0000
1300641
12.0000
2130062
27.1700
530307
7.3600
As detailed above, TD Ameritrade, Inc. receives payment for routing listed equity order flow to market makers. The rates paid vary by the characteristics of the order (e.g., size of order, price of security, marketability), but all market makers pay TD Ameritrade the same rate applicable to any
given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Two Sigma Securities, LLC
5.55
6.43
8.11
8.53
1.88
209205
12.0000
235979
12.0000
265722
27.3500
20893
11.8900
As detailed above, TD Ameritrade, Inc. receives payment for routing listed equity order flow to market makers. The rates paid vary by the characteristics of the order (e.g., size of order, price of security, marketability), but all market makers pay TD Ameritrade the same rate applicable to any
given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
99.55
3.25
8.50
32.62
55.63
Citadel Securities, LLC
46.30
44.70
44.64
45.35
47.21
1445518
58.6800
5451416
64.1800
5119798
58.5600
3387311
45.7200
As detailed above, TD Ameritrade, Inc. receives payment for routing listed option order flow to market makers. The rates paid vary by the characteristics of the order (e.g., type of order, pricing of security, market conditions, marketability), but all market makers pay TD Ameritrade the same
rate applicable to any given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Global Execution Brokers LP
27.48
44.95
43.60
30.86
22.00
1395304
59.6600
4941019
65.2600
3373840
58.5600
1680709
45.8600
As detailed above, TD Ameritrade, Inc. receives payment for routing listed option order flow to market makers. The rates paid vary by the characteristics of the order (e.g., type of order, pricing of security, market conditions, marketability), but all market makers pay TD Ameritrade the same
rate applicable to any given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Dash/IMC
12.99
3.73
4.63
9.86
16.64
143331
66.5800
608518
74.8400
1070773
58.5600
1117790
43.8300
As detailed above, TD Ameritrade, Inc. receives payment for routing listed option order flow to market makers. The rates paid vary by the characteristics of the order (e.g., type of order, pricing of security, market conditions, marketability), but all market makers pay TD Ameritrade the same
rate applicable to any given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle. In connection with Dash Financial’s handling of TD Ameritrade’s listed option orders, Dash has
arrangements with multiple unaffiliated liquidity providers, including IMC Chicago, designed to facilitate liquidity and price improvement opportunities. Pursuant to these arrangements, Dash routes listed option orders to exchanges and preferences the liquidity providers consistent with
exchange sponsored programs. It is noted that these liquidity providers provide Dash with remuneration in connection with TD Ameritrade’s listed option orders, including reciprocal order flow consideration or payment per contract in return for TD Ameritrade’s listed option orders that
Dash routes or directs.
Morgan Stanley & Co., LLC
6.80
2.54
2.56
3.04
9.90
86338
63.1400
323313
70.0100
320930
58.5600
749776
43.5100
As detailed above, TD Ameritrade, Inc. receives payment for routing listed option order flow to market makers. The rates paid vary by the characteristics of the order (e.g., type of order, pricing of security, market conditions, marketability), but all market makers pay TD Ameritrade the same
rate applicable to any given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Wolverine Execution Services
6.33
3.98
4.48
10.79
4.14
113615
53.7100
452786
58.0500
1131507
58.5600
207587
46.4700
As detailed above, TD Ameritrade, Inc. receives payment for routing listed option order flow to market makers. The rates paid vary by the characteristics of the order (e.g., type of order, pricing of security, market conditions, marketability), but all market makers pay TD Ameritrade the same
rate applicable to any given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
2020
09
99.99
19.24
9.31
32.88
38.57
Citadel Securities, LLC
52.96
57.70
56.98
48.43
53.50
617390
12.0000
339175
12.0000
785622
33.6900
120951
10.3900
As detailed above, TD Ameritrade, Inc. receives payment for routing listed equity order flow to market makers. The rates paid vary by the characteristics of the order (e.g., size of order, price of security, marketability), but all market makers pay TD Ameritrade the same rate applicable to any
given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Virtu Americas, LLC
40.75
35.66
34.94
42.91
42.83
371606
12.0000
209356
12.0000
686032
33.3300
50011
8.1200
As detailed above, TD Ameritrade, Inc. receives payment for routing listed equity order flow to market makers. The rates paid vary by the characteristics of the order (e.g., size of order, price of security, marketability), but all market makers pay TD Ameritrade the same rate applicable to any
given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Two Sigma Securities, LLC
6.24
6.63
8.08
8.65
3.54
69364
12.0000
36991
12.0000
83422
32.7800
8591
12.0000
As detailed above, TD Ameritrade, Inc. receives payment for routing listed equity order flow to market makers. The rates paid vary by the characteristics of the order (e.g., size of order, price of security, marketability), but all market makers pay TD Ameritrade the same rate applicable to any
given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
99.99
17.84
11.37
32.99
37.81
Citadel Securities, LLC
51.71
56.99
56.14
48.16
50.99
1912131
12.0000
1734141
12.0000
1936405
26.5900
497576
9.1500
As detailed above, TD Ameritrade, Inc. receives payment for routing listed equity order flow to market makers. The rates paid vary by the characteristics of the order (e.g., size of order, price of security, marketability), but all market makers pay TD Ameritrade the same rate applicable to any
given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Virtu Americas, LLC
42.41
36.63
36.04
43.46
46.15
1228726
12.0000
1197275
12.0000
1828015
26.9000
320900
6.9900
As detailed above, TD Ameritrade, Inc. receives payment for routing listed equity order flow to market makers. The rates paid vary by the characteristics of the order (e.g., size of order, price of security, marketability), but all market makers pay TD Ameritrade the same rate applicable to any
given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Two Sigma Securities, LLC
5.84
6.38
7.81
8.38
2.77
203690
12.0000
194060
12.0000
227118
27.0300
34337
11.9200
As detailed above, TD Ameritrade, Inc. receives payment for routing listed equity order flow to market makers. The rates paid vary by the characteristics of the order (e.g., size of order, price of security, marketability), but all market makers pay TD Ameritrade the same rate applicable to any
given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
99.52
3.50
8.20
33.39
54.91
Citadel Securities, LLC
46.37
44.73
44.56
45.30
47.39
1608519
56.8400
5118430
62.5400
5610677
57.3200
3453039
45.2300
As detailed above, TD Ameritrade, Inc. receives payment for routing listed option order flow to market makers. The rates paid vary by the characteristics of the order (e.g., type of order, pricing of security, market conditions, marketability), but all market makers pay TD Ameritrade the same
rate applicable to any given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Global Execution Brokers LP
27.44
44.88
43.65
30.88
21.82
1549989
57.9300
4722952
63.7400
3610425
57.3200
1716344
45.4400
As detailed above, TD Ameritrade, Inc. receives payment for routing listed option order flow to market makers. The rates paid vary by the characteristics of the order (e.g., type of order, pricing of security, market conditions, marketability), but all market makers pay TD Ameritrade the same
rate applicable to any given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Dash/IMC
12.97
3.79
4.63
9.85
16.70
154178
63.1800
572312
73.4400
1131543
57.3200
1119811
43.4800
As detailed above, TD Ameritrade, Inc. receives payment for routing listed option order flow to market makers. The rates paid vary by the characteristics of the order (e.g., type of order, pricing of security, market conditions, marketability), but all market makers pay TD Ameritrade the same
rate applicable to any given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle. In connection with Dash Financial’s handling of TD Ameritrade’s listed option orders, Dash has
arrangements with multiple unaffiliated liquidity providers, including IMC Chicago, designed to facilitate liquidity and price improvement opportunities. Pursuant to these arrangements, Dash routes listed option orders to exchanges and preferences the liquidity providers consistent with
exchange sponsored programs. It is noted that these liquidity providers provide Dash with remuneration in connection with TD Ameritrade’s listed option orders, including reciprocal order flow consideration or payment per contract in return for TD Ameritrade’s listed option orders that
Dash routes or directs.
Morgan Stanley & Co., LLC
6.93
2.53
2.57
3.03
10.22
94854
63.5300
294300
68.4900
345747
57.3200
794119
43.2800
As detailed above, TD Ameritrade, Inc. receives payment for routing listed option order flow to market makers. The rates paid vary by the characteristics of the order (e.g., type of order, pricing of security, market conditions, marketability), but all market makers pay TD Ameritrade the same
rate applicable to any given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.
Wolverine Execution Services
6.30
4.07
4.59
10.94
3.87
131230
52.7900
418203
55.5900
1251583
57.3200
216117
45.6700
As detailed above, TD Ameritrade, Inc. receives payment for routing listed option order flow to market makers. The rates paid vary by the characteristics of the order (e.g., type of order, pricing of security, market conditions, marketability), but all market makers pay TD Ameritrade the same
rate applicable to any given order. Any difference in average net per share payments paid by market makers is due to the various type of orders and respective quantities they handle.