Securities Listed on Option Market

Spencer-Winston Securities Corp.

Summary Statistics:

Non-directed orders as percentage of total customer orders 100.0%

Market orders as percentage of total non-directed orders 16.1%

Limit orders as percentage of total non-directed orders 83.8%

Other orders as percentage of total non-directed orders 0.1%

Venues receiving significant percentage of total non-directed orders:

ATD, a CITI Company 84.4%

Ridge Clearing Order Room 0.3%

UBS Securities, LLC 15.3%

Information Concerning significant Venues:

ATD, a CITI Company

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders 84.1%

Market orders as percentage of total market orders 86.0%

Other orders as percentage of total other orders 100.0%

Ridge Clearing Order Room

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders 0.4%

UBS Securities, LLC

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders 15.5%

Market orders as percentage of total market orders 14.0%

 Securities Listed on New York Stock Exchange 
 Spencer-Winston Securities Corp. 
 
Summary Statistics:
 
Non-directed orders as percentage of total customer orders 100.0%
Market orders as percentage of total non-directed orders 40.4%
Limit orders as percentage of total non-directed orders 55.6%
Other orders as percentage of total non-directed orders 4.0%
 
Venues receiving significant percentage of total non-directed orders:
 
NYSE ARCA 7.1%
NYSE 0.1%
E*TRADE Capital Markets 0.5%
Knight Capital Market,LLC 92.1%
UBS Securities, LLC 0.1%
 
Information Concerning significant Venues:
 
NYSE ARCA
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 12.7%
Market orders as percentage of total market orders 0.2%
 
 
NYSE
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 0.1%
 
 
E*TRADE Capital Markets
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 0.3%
Market orders as percentage of total market orders 0.9%
 
 
Knight Capital Market,LLC
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 86.9%
Market orders as percentage of total market orders 98.7%
Other orders as percentage of total other orders 99.4%
 
 
UBS Securities, LLC
 
Type of Orders Routed to Venue:
 
Market orders as percentage of total market orders 0.2%
Other orders as percentage of total other orders 0.6%
 
 
 Securities Listed on OTC 
 Spencer-Winston Securities Corp. 
 
Summary Statistics:
 
Non-directed orders as percentage of total customer orders 100.0%
Market orders as percentage of total non-directed orders 29.3%
Limit orders as percentage of total non-directed orders 69.3%
Other orders as percentage of total non-directed orders 1.4%
 
Venues receiving significant percentage of total non-directed orders:
 
NYSE ARCA 4.3%
Knight Securities 59.7%
Hudson Securities  35.4%
UBS Securities, LLC 0.6%
 
Information Concerning significant Venues:
 
NYSE ARCA
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 6.2%
 
 
Knight Securities
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 67.7%
Market orders as percentage of total market orders 41.6%
Other orders as percentage of total other orders 41.7%
 
 
Hudson Securities
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 25.8%
Market orders as percentage of total market orders 57.4%
Other orders as percentage of total other orders 50.0%
 
 
UBS Securities, LLC
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 0.3%
Market orders as percentage of total market orders 1.0%
Other orders as percentage of total other orders 8.3%