MERIDIAN EQUITY PARTNERS

SEC Rule 606 Quarterly Report for the Quarter Ending March 31, 2018

posted : April 30,2018 – Optimal Applications, LLC

Meridian sometimes receives payment for order flow in the form of liquidity rebates. In an effort to seek best execution, Meridian routes its client orders to national securities exchanges, alternative trading systems (ATSs) and other venues and market centers (collectively “market centers”). Certain market centers, including many exchanges, provide rebates or charge fees based upon whether routed orders contribute liquidity to that market center or extract liquidity from the market center. Meridian may also receive incremental pricing benefits from market centers based upon the aggregate trading volume generated by Meridian. Such rebates and fees are considered payment for order flow even though the aggregate amount of these rebates may or may not offset or exceed the fees paid to these market centers for removing liquidity during any given time period.

Summary Statistics - EQUITIES :

:

Non-directed orders as percentage of total customer orders 100%

Market orders as percentage of total non-directed orders 82%

Limit orders as percentage of total non-directed orders 18%

Information Concerning Significant Venues :

New York Stock Exchange Listed Symbols

Venue	% of volume	% of orders - Market	% of orders - Limit
NYSE	97	82	18
GLP	1	77	23

American Exchange Listed Symbols

Venue	% of volume	% of orders - Market	% of orders - Limit
NYSE	17	66	34
UBSA	15	100	0
XNAS	8	42	58
LEVL	8	100	0
DBSX	8	100	0
ARCX	7	97	3
SGMT	6	100	0
CDED	5	99	1
KNMX	5	100	0
CAES	5	100	0
JPMX	4	100	0
BAML	3	100	0
BIDS	2	100	0
BARX	2	100	0
GLPX	1	100	0

Nasdaq Listed Symbols

Venue	% of volume	% of orders - Market	% of orders - Limit	% of orders – Market on Close
ARCX	34	86	14	0
NYSE	17	49	51	0
XNAS	13	60	39	1
CDED	6	98	2	0
STGY	5	80	19	1
LEVL	4	100	0	0
UBSA	3	100	0	0
GLPX	2	95	5	0
SGMT	2	100	0	0
CAES	2	99	1	0
EDGX	2	96	4	0
DBSX	1	100	0	0
BARX	1	99	1	0

Summary Statistics - OPTIONS :

:

Non-directed orders as percentage of total customer orders 100%

Market orders as percentage of total non-directed orders 55%

Limit orders as percentage of total non-directed orders 45%

Information Concerning Significant Venues :

American Exchange Listed Symbols

Venue	% of volume	% of orders - Market	% of orders - Limit
AMEX	100	55	45

Nasdaq Listed Symbols

Venue	% of volume	% of orders - Market	% of orders - Limit
AMEX	100	35	65

* To view a list of all potential venues-click NSCC MPID Directory