1.3
E*TRADE Securities
2021
3
2021-10-27T02:38:09Z
2021
07
99.51
52.19
6.15
31.72
9.93
CITADEL SECURITIES LLC
33.48
38.88
41.10
21.54
38.57
331894.99
20.0000
64950.41
19.2903
92319.02
28.5968
68524.75
15.0327
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Citadel Execution Services, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Citadel Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Virtu Americas, LLC
23.11
30.08
25.13
11.36
22.83
258418.62
20.0000
48391.92
18.9711
39108.57
25.9373
38459.13
10.9296
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Virtu Americas, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Virtu Americas, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
G1X Execution Services, LLC
15.08
11.20
12.03
22.74
12.91
92024.51
19.4844
17489.78
19.1359
114677.12
30.0971
24014.19
21.2325
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to G1X Execution Services, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and G1X Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
UBS Securities, LLC
10.86
9.16
9.85
12.35
15.68
60426.98
19.9837
27953.91
20.0766
42778.07
30.1370
19832.07
22.3062
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to UBS Securities, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and UBS Securities, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Two Sigma Securities, LLC
10.24
6.97
7.85
17.07
7.10
59449.80
19.4570
11837.64
17.2034
52131.24
26.5368
13738.04
19.9839
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Two Sigma Securities, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Two Sigma Securities, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Jane Street Capital
3.15
3.70
3.88
2.65
1.40
34153.59
20.0052
6907.17
20.0000
11063.25
30.5458
11819.96
21.3963
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Jane Street Capital. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Jane Street Capital do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Cboe EDGX Exchange, Inc.
2.46
0.00
0.09
7.40
1.06
0.00
0.0000
20.84
3.1945
35956.69
31.4611
0.00
0.0000
E*TRADE Securities LLC (“E*TRADE”) routes certain stock orders to Cboe EDGX Exchange, Inc. as specified in the Public Order Routing Report. E*TRADE receives renumeration from Cboe EDGX Exchange, Inc. as outlined in the above disclosures.
E*TRADE and Cboe EDGX Exchange, Inc. do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds. E*TRADE receives payments related to liquidity rebates from the Exchange Execution Services Providers. Schedules delineating orders eligible for such rebates and the applicable rates are published publicly by the Exchange Execution Services Providers. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
D. for minimum amount of order flow. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
1. Current rate schedules can be accessed through Cboe EDGX Exchange, Inc. Please note that the Exchange Execution Services Providers reserve the right to change their rates without notice and may also change their URL links. The current fee schedule can be found at: https://markets.cboe.com/us/equities/membership/fee_schedule/edgx/
E*TRADE is an affiliated company of Morgan Stanley & Co. LLC, which is a Market Maker on Cboe EDGX Exchange Inc. and may realize profits from orders routed to such exchange. Accordingly, E*TRADE may share directly or indirectly in any such profits generated by Morgan Stanley & Co. LLC.
The Nasdaq Stock Market
1.60
0.00
0.07
4.90
0.45
0.00
0.0000
-953.77
-28.4440
21897.94
31.5285
-235.43
-24.4268
E*TRADE Securities LLC (“E*TRADE”) routes certain stock orders to Nasdaq Execution Services, LLC as specified in the Public Order Routing Report. E*TRADE receives renumeration from Nasdaq Execution Services, LLC as outlined in the above disclosures.
E*TRADE and Nasdaq Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds. E*TRADE receives payments related to liquidity rebates from the Exchange Execution Services Providers. Schedules delineating orders eligible for such rebates and the applicable rates are published publicly by the Exchange Execution Services Providers. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
D. for minimum amount of order flow. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
1. Current rate schedules can be accessed through The Nasdaq Stock Market LLC. Please note that the Exchange Execution Services Providers reserve the right to change their rates without notice and may also change their URL links. The current fee schedule can be found at: http://nasdaqtrader.com/Trader.aspx?id=PriceListTrading2
E*TRADE is an affiliated company of Morgan Stanley & Co. LLC, which is a Market Maker on Nasdaq Execution Services, LLC and may realize profits from orders routed to such exchange. Accordingly, E*TRADE may share directly or indirectly in any such profits generated by Morgan Stanley & Co. LLC.
99.17
47.52
10.16
33.41
8.91
CITADEL SECURITIES LLC
33.10
38.71
39.62
21.91
37.69
1886311.80
19.2648
1056562.33
15.7040
523628.10
23.8491
299169.45
8.4071
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Citadel Execution Services, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Citadel Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Virtu Americas, LLC
22.59
29.80
27.39
11.18
21.48
1610539.35
19.1689
676938.26
14.6664
220413.39
20.2909
97511.70
2.8094
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Virtu Americas, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Virtu Americas, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
G1X Execution Services, LLC
15.62
12.13
12.24
21.93
14.42
597276.12
18.9521
281594.47
16.1981
565611.27
27.0446
125406.50
20.5808
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to G1X Execution Services, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and G1X Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
UBS Securities, LLC
10.81
8.95
9.44
12.43
16.19
350005.44
19.2273
272178.88
17.1630
249731.63
26.3610
95891.60
20.8357
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to UBS Securities, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and UBS Securities, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Two Sigma Securities, LLC
10.11
6.84
7.42
16.39
7.11
332912.97
18.8233
171070.05
15.4007
293614.64
22.1078
56296.52
18.8628
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Two Sigma Securities, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Two Sigma Securities, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Jane Street Capital
3.05
3.57
3.69
2.61
1.17
189687.83
19.1350
96575.32
16.3702
28946.80
13.0367
11819.96
21.3963
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Jane Street Capital. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Jane Street Capital do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Cboe EDGX Exchange, Inc.
2.83
0.00
0.07
8.11
1.32
0.00
0.0000
447.17
7.6180
205509.14
28.2853
0.00
0.0000
E*TRADE Securities LLC (“E*TRADE”) routes certain stock orders to Cboe EDGX Exchange, Inc. as specified in the Public Order Routing Report. E*TRADE receives renumeration from Cboe EDGX Exchange, Inc. as outlined in the above disclosures.
E*TRADE and Cboe EDGX Exchange, Inc. do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds. E*TRADE receives payments related to liquidity rebates from the Exchange Execution Services Providers. Schedules delineating orders eligible for such rebates and the applicable rates are published publicly by the Exchange Execution Services Providers. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
D. for minimum amount of order flow. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
1. Current rate schedules can be accessed through Cboe EDGX Exchange, Inc. Please note that the Exchange Execution Services Providers reserve the right to change their rates without notice and may also change their URL links. The current fee schedule can be found at: https://markets.cboe.com/us/equities/membership/fee_schedule/edgx/
E*TRADE is an affiliated company of Morgan Stanley & Co. LLC, which is a Market Maker on Cboe EDGX Exchange Inc. and may realize profits from orders routed to such exchange. Accordingly, E*TRADE may share directly or indirectly in any such profits generated by Morgan Stanley & Co. LLC.
The Nasdaq Stock Market
1.88
0.00
0.13
5.43
0.63
0.00
0.0000
-17469.51
-28.8000
141551.16
29.7412
-1450.29
-26.1447
E*TRADE Securities LLC (“E*TRADE”) routes certain stock orders to Nasdaq Execution Services, LLC as specified in the Public Order Routing Report. E*TRADE receives renumeration from Nasdaq Execution Services, LLC as outlined in the above disclosures.
E*TRADE and Nasdaq Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds. E*TRADE receives payments related to liquidity rebates from the Exchange Execution Services Providers. Schedules delineating orders eligible for such rebates and the applicable rates are published publicly by the Exchange Execution Services Providers. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
D. for minimum amount of order flow. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
1. Current rate schedules can be accessed through The Nasdaq Stock Market LLC. Please note that the Exchange Execution Services Providers reserve the right to change their rates without notice and may also change their URL links. The current fee schedule can be found at: http://nasdaqtrader.com/Trader.aspx?id=PriceListTrading2
E*TRADE is an affiliated company of Morgan Stanley & Co. LLC, which is a Market Maker on Nasdaq Execution Services, LLC and may realize profits from orders routed to such exchange. Accordingly, E*TRADE may share directly or indirectly in any such profits generated by Morgan Stanley & Co. LLC.
99.96
17.22
7.25
37.71
37.82
CITADEL SECURITIES LLC
35.90
37.84
37.73
37.84
32.72
2357692.00
44.9272
2187444.00
46.7605
1942174.00
45.2851
1306825.00
37.6814
E*TRADE Securities LLC (“E*TRADE”) routes certain option orders as specified in the Public Order Routing Report to Citadel Execution Services, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Citadel Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
Global Execution Brokers LP
26.59
25.32
25.33
25.16
28.83
708401.64
43.4498
949053.98
45.2768
1601356.11
45.6333
2317437.25
41.1303
E*TRADE Securities LLC (“E*TRADE”) routes certain option orders as specified in the Public Order Routing Report to Global Execution Brokers LP. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Global Execution Brokers LP: do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
Wolverine Execution Services, LLC
18.84
17.76
17.80
17.84
20.52
1183254.68
47.7547
918087.73
47.9377
1075428.20
47.7356
1397776.21
47.7563
E*TRADE Securities LLC (“E*TRADE”) routes certain option orders as specified in the Public Order Routing Report to Wolverine Execution Services, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Wolverine Execution Services, LLC: do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
DASH/IMC
18.62
19.08
19.13
19.11
17.84
1309105.07
46.3630
941475.00
46.9430
984995.03
45.8276
1124152.29
37.9459
E*TRADE Securities LLC (“E*TRADE”) routes certain option orders as specified in the Public Order Routing Report to Dash Financial Technologies, LLC (“Dash”). Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures. In connection with Dash’s handling of E*TRADE retail equity option orders, Dash has arrangements with multiple unaffiliated liquidity providers, including IMC, designed to facilitate liquidity provision and price improvement opportunities. Pursuant to these arrangements, Dash routes E*TRADE retail equity option orders to exchanges and preferences the liquidity providers consistent with exchange sponsored programs which are described in the fee schedules of the options exchanges. It is noted that these liquidity providers provide Dash with remuneration in connection with E*TRADE retail equity options orders, including reciprocal order flow consideration or payment per contract in return for E*TRADE retail equity options orders that Dash routes or directs.
E*TRADE and Dash Financial Technologies, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
Morgan Stanley & Co., LLC
0.06
0.00
0.01
0.05
0.10
0.00
0.0000
0.00
0.0000
0.00
0.0000
0.00
0.0000
E*TRADE Securities LLC (“E*TRADE”) routes certain option orders as specified in the Public Order Routing Report to Morgan Stanley & Co., LLC:. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Morgan Stanley & Co., LLC: do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
2021
08
99.65
51.22
6.02
32.31
10.44
CITADEL SECURITIES LLC
31.81
38.67
39.86
17.43
38.02
329398.71
20.0000
72134.84
19.1897
80975.65
27.7220
64062.19
15.9525
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Citadel Execution Services, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Citadel Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Virtu Americas, LLC
20.28
25.81
21.66
11.36
19.98
220137.76
20.0000
41838.70
18.0083
40237.51
23.9275
33597.06
12.2407
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Virtu Americas, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Virtu Americas, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
G1X Execution Services, LLC
17.55
12.95
13.56
26.48
14.73
103422.39
19.4898
23107.04
19.5211
122893.74
30.2668
29006.98
22.2013
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to G1X Execution Services, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and G1X Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
UBS Securities, LLC
10.72
9.16
9.61
11.87
15.43
59915.16
19.9836
28053.11
20.2691
39618.36
30.0307
20757.36
22.1043
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to UBS Securities, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and UBS Securities, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Two Sigma Securities, LLC
10.63
6.96
8.09
18.03
7.12
58997.74
19.4320
12622.25
17.9751
55992.95
26.3152
13457.86
20.6919
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Two Sigma Securities, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Two Sigma Securities, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Jane Street Capital
4.90
6.44
7.07
2.59
3.23
59092.74
20.0055
13524.80
20.0000
10676.13
30.8170
26089.98
18.8795
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Jane Street Capital. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Jane Street Capital do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Cboe EDGX Exchange, Inc.
2.49
0.00
0.10
7.35
1.07
0.00
0.0000
-12.79
-2.2268
38267.63
31.5950
0.00
0.0000
E*TRADE Securities LLC (“E*TRADE”) routes certain stock orders to Cboe EDGX Exchange, Inc. as specified in the Public Order Routing Report. E*TRADE receives renumeration from Cboe EDGX Exchange, Inc. as outlined in the above disclosures.
E*TRADE and Cboe EDGX Exchange, Inc. do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds. E*TRADE receives payments related to liquidity rebates from the Exchange Execution Services Providers. Schedules delineating orders eligible for such rebates and the applicable rates are published publicly by the Exchange Execution Services Providers. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
D. for minimum amount of order flow. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
1. Current rate schedules can be accessed through Cboe EDGX Exchange, Inc. Please note that the Exchange Execution Services Providers reserve the right to change their rates without notice and may also change their URL links. The current fee schedule can be found at: https://markets.cboe.com/us/equities/membership/fee_schedule/edgx/
E*TRADE is an affiliated company of Morgan Stanley & Co. LLC, which is a Market Maker on Cboe EDGX Exchange Inc. and may realize profits from orders routed to such exchange. Accordingly, E*TRADE may share directly or indirectly in any such profits generated by Morgan Stanley & Co. LLC.
The Nasdaq Stock Market
1.63
0.00
0.05
4.88
0.43
0.00
0.0000
-577.00
-28.7006
21798.65
31.1157
-146.62
-22.9395
E*TRADE Securities LLC (“E*TRADE”) routes certain stock orders to Nasdaq Execution Services, LLC as specified in the Public Order Routing Report. E*TRADE receives renumeration from Nasdaq Execution Services, LLC as outlined in the above disclosures.
E*TRADE and Nasdaq Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds. E*TRADE receives payments related to liquidity rebates from the Exchange Execution Services Providers. Schedules delineating orders eligible for such rebates and the applicable rates are published publicly by the Exchange Execution Services Providers. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
D. for minimum amount of order flow. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
1. Current rate schedules can be accessed through The Nasdaq Stock Market LLC. Please note that the Exchange Execution Services Providers reserve the right to change their rates without notice and may also change their URL links. The current fee schedule can be found at: http://nasdaqtrader.com/Trader.aspx?id=PriceListTrading2
E*TRADE is an affiliated company of Morgan Stanley & Co. LLC, which is a Market Maker on Nasdaq Execution Services, LLC and may realize profits from orders routed to such exchange. Accordingly, E*TRADE may share directly or indirectly in any such profits generated by Morgan Stanley & Co. LLC.
99.15
46.16
9.88
34.47
9.49
CITADEL SECURITIES LLC
31.15
38.53
39.23
17.52
36.35
1625156.59
18.9035
983647.50
15.2936
416152.22
22.8985
268280.72
8.6023
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Citadel Execution Services, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Citadel Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Virtu Americas, LLC
19.99
25.78
23.55
11.32
19.59
1198534.15
18.8207
513042.65
13.7486
202682.90
19.2825
89627.87
3.1500
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Virtu Americas, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Virtu Americas, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
G1X Execution Services, LLC
17.42
12.93
12.84
25.21
15.79
553296.24
18.5195
272462.76
15.0919
640061.12
26.5171
135171.55
20.2107
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to G1X Execution Services, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and G1X Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
UBS Securities, LLC
10.99
9.16
9.61
12.44
16.08
306218.71
18.8076
250283.17
16.4656
232953.79
25.5805
94618.73
20.7062
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to UBS Securities, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and UBS Securities, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Two Sigma Securities, LLC
10.81
6.97
7.73
17.80
7.28
287459.24
18.3908
169660.28
14.9962
291209.24
17.4948
54391.04
18.7959
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Two Sigma Securities, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Two Sigma Securities, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Jane Street Capital
4.92
6.63
6.93
2.64
2.83
297911.23
18.8807
169082.75
15.8983
56917.09
26.9984
26089.98
18.8795
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Jane Street Capital. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Jane Street Capital do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Cboe EDGX Exchange, Inc.
2.91
0.00
0.07
8.02
1.46
0.00
0.0000
249.61
4.3774
193172.31
27.6704
0.00
0.0000
E*TRADE Securities LLC (“E*TRADE”) routes certain stock orders to Cboe EDGX Exchange, Inc. as specified in the Public Order Routing Report. E*TRADE receives renumeration from Cboe EDGX Exchange, Inc. as outlined in the above disclosures.
E*TRADE and Cboe EDGX Exchange, Inc. do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds. E*TRADE receives payments related to liquidity rebates from the Exchange Execution Services Providers. Schedules delineating orders eligible for such rebates and the applicable rates are published publicly by the Exchange Execution Services Providers. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
D. for minimum amount of order flow. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
1. Current rate schedules can be accessed through Cboe EDGX Exchange, Inc. Please note that the Exchange Execution Services Providers reserve the right to change their rates without notice and may also change their URL links. The current fee schedule can be found at: https://markets.cboe.com/us/equities/membership/fee_schedule/edgx/
E*TRADE is an affiliated company of Morgan Stanley & Co. LLC, which is a Market Maker on Cboe EDGX Exchange Inc. and may realize profits from orders routed to such exchange. Accordingly, E*TRADE may share directly or indirectly in any such profits generated by Morgan Stanley & Co. LLC.
The Nasdaq Stock Market
1.81
0.00
0.05
5.05
0.63
0.00
0.0000
-17247.55
-28.3347
123264.28
28.5346
-890.60
-23.0260
E*TRADE Securities LLC (“E*TRADE”) routes certain stock orders to Nasdaq Execution Services, LLC as specified in the Public Order Routing Report. E*TRADE receives renumeration from Nasdaq Execution Services, LLC as outlined in the above disclosures.
E*TRADE and Nasdaq Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds. E*TRADE receives payments related to liquidity rebates from the Exchange Execution Services Providers. Schedules delineating orders eligible for such rebates and the applicable rates are published publicly by the Exchange Execution Services Providers. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
D. for minimum amount of order flow. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
1. Current rate schedules can be accessed through The Nasdaq Stock Market LLC. Please note that the Exchange Execution Services Providers reserve the right to change their rates without notice and may also change their URL links. The current fee schedule can be found at: http://nasdaqtrader.com/Trader.aspx?id=PriceListTrading2
E*TRADE is an affiliated company of Morgan Stanley & Co. LLC, which is a Market Maker on Nasdaq Execution Services, LLC and may realize profits from orders routed to such exchange. Accordingly, E*TRADE may share directly or indirectly in any such profits generated by Morgan Stanley & Co. LLC.
99.95
17.00
7.34
39.19
36.47
CITADEL SECURITIES LLC
36.32
38.26
38.13
38.26
32.98
2553464.00
45.9430
2177657.00
47.0925
2095589.00
45.8309
1284435.00
37.3079
E*TRADE Securities LLC (“E*TRADE”) routes certain option orders as specified in the Public Order Routing Report to Citadel Execution Services, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Citadel Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
Global Execution Brokers LP
25.87
24.18
24.18
24.05
28.96
694802.23
44.4046
947130.25
45.8066
1581526.69
45.9543
2361793.86
41.4701
E*TRADE Securities LLC (“E*TRADE”) routes certain option orders as specified in the Public Order Routing Report to Global Execution Brokers LP. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Global Execution Brokers LP: do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
Wolverine Execution Services, LLC
19.06
18.39
18.45
18.48
20.12
1275284.18
47.7880
967880.87
47.9097
1124530.99
47.7313
1399924.31
47.5643
E*TRADE Securities LLC (“E*TRADE”) routes certain option orders as specified in the Public Order Routing Report to Wolverine Execution Services, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Wolverine Execution Services, LLC: do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
DASH/IMC
18.68
19.17
19.22
19.15
17.85
1396439.28
46.8643
939944.49
47.0935
1033874.93
46.2890
1273724.45
39.0916
E*TRADE Securities LLC (“E*TRADE”) routes certain option orders as specified in the Public Order Routing Report to Dash Financial Technologies, LLC (“Dash”). Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures. In connection with Dash’s handling of E*TRADE retail equity option orders, Dash has arrangements with multiple unaffiliated liquidity providers, including IMC, designed to facilitate liquidity provision and price improvement opportunities. Pursuant to these arrangements, Dash routes E*TRADE retail equity option orders to exchanges and preferences the liquidity providers consistent with exchange sponsored programs which are described in the fee schedules of the options exchanges. It is noted that these liquidity providers provide Dash with remuneration in connection with E*TRADE retail equity options orders, including reciprocal order flow consideration or payment per contract in return for E*TRADE retail equity options orders that Dash routes or directs.
E*TRADE and Dash Financial Technologies, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
Morgan Stanley & Co., LLC
0.06
0.00
0.02
0.06
0.10
0.00
0.0000
0.00
0.0000
0.00
0.0000
0.00
0.0000
E*TRADE Securities LLC (“E*TRADE”) routes certain option orders as specified in the Public Order Routing Report to Morgan Stanley & Co., LLC:. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Morgan Stanley & Co., LLC: do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
2021
09
99.63
51.43
5.46
32.07
11.04
CITADEL SECURITIES LLC
30.87
38.68
37.64
15.40
36.07
283295.64
20.0000
56630.05
18.4367
73162.80
27.9106
50173.68
15.3818
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Citadel Execution Services, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Citadel Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Virtu Americas, LLC
19.46
23.92
21.59
11.25
21.50
178987.09
20.0000
33017.49
16.5300
38379.22
24.6060
27638.87
11.3312
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Virtu Americas, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Virtu Americas, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
G1X Execution Services, LLC
18.46
14.76
15.01
26.09
15.23
100498.99
19.5972
19638.38
19.5873
106492.11
30.3311
26742.59
22.4437
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to G1X Execution Services, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and G1X Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Two Sigma Securities, LLC
11.70
7.03
8.29
21.30
7.26
52148.49
19.3828
9933.02
17.3679
61877.50
27.1549
11453.04
21.2792
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Two Sigma Securities, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Two Sigma Securities, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
UBS Securities, LLC
9.22
6.47
7.88
12.20
14.02
38066.65
19.9993
15887.23
20.5271
38044.18
30.0573
15206.72
22.8621
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to UBS Securities, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and UBS Securities, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Jane Street Capital
6.58
9.16
9.43
2.63
4.69
72425.01
20.0023
14330.45
20.0000
11318.40
42.1915
8410.11
20.6984
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Jane Street Capital. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Jane Street Capital do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Cboe EDGX Exchange, Inc.
2.05
0.00
0.10
6.10
0.83
0.00
0.0000
13.69
2.7880
30951.75
31.6067
0.00
0.0000
E*TRADE Securities LLC (“E*TRADE”) routes certain stock orders to Cboe EDGX Exchange, Inc. as specified in the Public Order Routing Report. E*TRADE receives renumeration from Cboe EDGX Exchange, Inc. as outlined in the above disclosures.
E*TRADE and Cboe EDGX Exchange, Inc. do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds. E*TRADE receives payments related to liquidity rebates from the Exchange Execution Services Providers. Schedules delineating orders eligible for such rebates and the applicable rates are published publicly by the Exchange Execution Services Providers. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
D. for minimum amount of order flow. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
1. Current rate schedules can be accessed through Cboe EDGX Exchange, Inc. Please note that the Exchange Execution Services Providers reserve the right to change their rates without notice and may also change their URL links. The current fee schedule can be found at: https://markets.cboe.com/us/equities/membership/fee_schedule/edgx/
E*TRADE is an affiliated company of Morgan Stanley & Co. LLC, which is a Market Maker on Cboe EDGX Exchange Inc. and may realize profits from orders routed to such exchange. Accordingly, E*TRADE may share directly or indirectly in any such profits generated by Morgan Stanley & Co. LLC.
The Nasdaq Stock Market
1.66
0.00
0.07
5.03
0.40
0.00
0.0000
-630.93
-28.8071
19734.73
32.4610
-294.70
-26.0855
E*TRADE Securities LLC (“E*TRADE”) routes certain stock orders to Nasdaq Execution Services, LLC as specified in the Public Order Routing Report. E*TRADE receives renumeration from Nasdaq Execution Services, LLC as outlined in the above disclosures.
E*TRADE and Nasdaq Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds. E*TRADE receives payments related to liquidity rebates from the Exchange Execution Services Providers. Schedules delineating orders eligible for such rebates and the applicable rates are published publicly by the Exchange Execution Services Providers. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
D. for minimum amount of order flow. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
1. Current rate schedules can be accessed through The Nasdaq Stock Market LLC. Please note that the Exchange Execution Services Providers reserve the right to change their rates without notice and may also change their URL links. The current fee schedule can be found at: http://nasdaqtrader.com/Trader.aspx?id=PriceListTrading2
E*TRADE is an affiliated company of Morgan Stanley & Co. LLC, which is a Market Maker on Nasdaq Execution Services, LLC and may realize profits from orders routed to such exchange. Accordingly, E*TRADE may share directly or indirectly in any such profits generated by Morgan Stanley & Co. LLC.
99.21
46.49
10.33
33.18
10.00
CITADEL SECURITIES LLC
30.96
38.86
39.34
16.03
35.11
1961667.44
18.6870
1084659.51
13.1316
448864.69
20.2555
316503.19
7.8569
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Citadel Execution Services, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Citadel Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Virtu Americas, LLC
19.18
23.83
21.66
11.19
21.55
1236234.97
18.3265
500788.98
11.0928
215780.54
17.9741
115580.02
2.8587
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Virtu Americas, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Virtu Americas, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
G1X Execution Services, LLC
17.94
14.32
13.97
25.07
15.17
702138.31
18.2998
330585.12
13.3454
766558.69
25.1003
159997.37
20.3737
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to G1X Execution Services, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and G1X Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Two Sigma Securities, LLC
11.74
7.06
7.97
20.74
7.55
358858.68
18.2839
186728.32
13.2868
358107.76
21.8499
65623.19
19.1786
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Two Sigma Securities, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Two Sigma Securities, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
UBS Securities, LLC
9.54
6.70
7.43
12.51
15.04
286409.97
18.7435
215910.34
15.4509
253417.53
24.5991
100107.39
19.7732
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to UBS Securities, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and UBS Securities, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Jane Street Capital
6.52
9.23
9.52
2.63
3.75
466807.53
18.4698
250412.76
13.3410
56840.90
24.4157
40680.92
19.0597
E*TRADE Securities LLC (“E*TRADE”) routes certain equities and ETF orders as specified in the Public Order Routing Report to Jane Street Capital. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Jane Street Capital do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per share basis as disclosed in the Order Routing Public Report.
Cboe EDGX Exchange, Inc.
2.35
0.00
0.06
6.70
1.21
0.00
0.0000
135.73
2.5745
189227.45
26.3853
0.00
0.0000
E*TRADE Securities LLC (“E*TRADE”) routes certain stock orders to Cboe EDGX Exchange, Inc. as specified in the Public Order Routing Report. E*TRADE receives renumeration from Cboe EDGX Exchange, Inc. as outlined in the above disclosures.
E*TRADE and Cboe EDGX Exchange, Inc. do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds. E*TRADE receives payments related to liquidity rebates from the Exchange Execution Services Providers. Schedules delineating orders eligible for such rebates and the applicable rates are published publicly by the Exchange Execution Services Providers. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
D. for minimum amount of order flow. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
1. Current rate schedules can be accessed through Cboe EDGX Exchange, Inc. Please note that the Exchange Execution Services Providers reserve the right to change their rates without notice and may also change their URL links. The current fee schedule can be found at: https://markets.cboe.com/us/equities/membership/fee_schedule/edgx/
E*TRADE is an affiliated company of Morgan Stanley & Co. LLC, which is a Market Maker on Cboe EDGX Exchange Inc. and may realize profits from orders routed to such exchange. Accordingly, E*TRADE may share directly or indirectly in any such profits generated by Morgan Stanley & Co. LLC.
The Nasdaq Stock Market
1.76
0.00
0.05
5.12
0.62
0.00
0.0000
-19792.51
-27.3148
129004.76
27.2439
-1300.69
-24.8211
E*TRADE Securities LLC (“E*TRADE”) routes certain stock orders to Nasdaq Execution Services, LLC as specified in the Public Order Routing Report. E*TRADE receives renumeration from Nasdaq Execution Services, LLC as outlined in the above disclosures.
E*TRADE and Nasdaq Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds. E*TRADE receives payments related to liquidity rebates from the Exchange Execution Services Providers. Schedules delineating orders eligible for such rebates and the applicable rates are published publicly by the Exchange Execution Services Providers. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
D. for minimum amount of order flow. Renumeration is paid on a per share/order basis as disclosed in the Order Routing Public Report.
1. Current rate schedules can be accessed through The Nasdaq Stock Market LLC. Please note that the Exchange Execution Services Providers reserve the right to change their rates without notice and may also change their URL links. The current fee schedule can be found at: http://nasdaqtrader.com/Trader.aspx?id=PriceListTrading2
E*TRADE is an affiliated company of Morgan Stanley & Co. LLC, which is a Market Maker on Nasdaq Execution Services, LLC and may realize profits from orders routed to such exchange. Accordingly, E*TRADE may share directly or indirectly in any such profits generated by Morgan Stanley & Co. LLC.
99.95
17.05
7.57
39.69
35.68
CITADEL SECURITIES LLC
36.06
38.03
37.96
38.04
32.51
2449316.00
46.4202
2140077.00
46.8646
2086829.00
45.6279
1177314.00
35.9216
E*TRADE Securities LLC (“E*TRADE”) routes certain option orders as specified in the Public Order Routing Report to Citadel Execution Services, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Citadel Execution Services, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
Global Execution Brokers LP
25.00
23.41
23.42
23.32
27.96
716928.10
45.5309
898371.06
46.0797
1515816.49
45.7101
2047957.35
39.9479
E*TRADE Securities LLC (“E*TRADE”) routes certain option orders as specified in the Public Order Routing Report to Global Execution Brokers LP. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Global Execution Brokers LP: do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
DASH/IMC
19.21
19.94
19.96
19.93
17.90
1380910.20
46.9572
966053.18
46.8671
1065410.86
45.9055
1113479.40
37.5878
E*TRADE Securities LLC (“E*TRADE”) routes certain option orders as specified in the Public Order Routing Report to Dash Financial Technologies, LLC (“Dash”). Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures. In connection with Dash’s handling of E*TRADE retail equity option orders, Dash has arrangements with multiple unaffiliated liquidity providers, including IMC, designed to facilitate liquidity provision and price improvement opportunities. Pursuant to these arrangements, Dash routes E*TRADE retail equity option orders to exchanges and preferences the liquidity providers consistent with exchange sponsored programs which are described in the fee schedules of the options exchanges. It is noted that these liquidity providers provide Dash with remuneration in connection with E*TRADE retail equity options orders, including reciprocal order flow consideration or payment per contract in return for E*TRADE retail equity options orders that Dash routes or directs.
E*TRADE and Dash Financial Technologies, LLC do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
Wolverine Execution Services, LLC
19.14
18.06
18.07
18.12
21.02
1204466.71
47.9309
981180.49
47.9406
1080228.46
47.7468
1411655.45
48.0489
E*TRADE Securities LLC (“E*TRADE”) routes certain option orders as specified in the Public Order Routing Report to Wolverine Execution Services, LLC. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Wolverine Execution Services, LLC: do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
Matrix Executions, LLC / Simplex Trading, LLC
0.54
0.56
0.58
0.54
0.51
488.64
46.6260
35375.04
46.3673
81875.52
46.1924
19596.96
39.1118
Morgan Stanley & Co., LLC
0.06
0.00
0.02
0.05
0.10
0.00
0.0000
0.00
0.0000
0.00
0.0000
0.00
0.0000
E*TRADE Securities LLC (“E*TRADE”) routes certain option orders as specified in the Public Order Routing Report to Morgan Stanley & Co., LLC:. These arrangements are designed to facilitate liquidity provision and price improvement opportunities for E*TRADE’s customers. Through these arrangements, E*TRADE receives renumeration as outlined in the above disclosures.
E*TRADE and Morgan Stanley & Co., LLC: do not have any arrangements:
A. that require E*TRADE to meet certain volume thresholds or that provide incentives to E*TRADE for meeting or exceeding certain volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
B. that require E*TRADE to meet certain minimum volume thresholds or that provide disincentives to E*TRADE for failing to meet certain minimum volume thresholds. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
C. for volume-based tiered payment schedules. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.
D. for minimum amount of orders. Renumeration is paid on a per contract basis as disclosed in the Order Routing Public Report.