PRIME EXECUTIONS
SEC Rule 606 Quarterly Report for the Quarter Ending March 31, 2019
posted : April 26,2019 – Optimal Applications, LLC
Prime Executions 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
the routing of "non-directed orders, “that is, any order that the customer
has not specifically instructed to be routed to a particular venue [market
center] for execution. For these non-directed orders, Prime Executions has
selected the execution venue on behalf of its customers.
Prime Executions may participate in programs which result in its receipt of
remuneration, compensation, or other consideration for the placing of orders
with other broker-dealers, exchanges and market centers for execution.
Summary Statistics :
Non-directed orders as
percentage of total customer orders 100%
Market orders as percentage of total non-directed orders 84%
Limit orders as percentage of total non-directed orders 16%
Information Concerning Significant Venues (EQUITIES):
New York Stock Exchange Listed Symbols
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
% of orders – MOC
|
NYSE
|
96
|
82
|
18
|
0
|
NASDAQ
|
2
|
99
|
1
|
0
|
CITADEL
|
2
|
62
|
38
|
0
|
American Stock Exchange Listed Symbols
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
NYSE
|
98
|
88
|
12
|
CITADEL
|
1
|
100
|
0
|
NASDAQ Listed Symbols
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
NASDAQ
|
87
|
97
|
3
|
NYSE
|
12
|
85
|
15
|
|