Order Execution/Routing Info

Rule 605: Disclosure of SEC-Required Order Execution Information

The Securities and Exchange Commission adopted Rule 11Ac1-5 (now known as Rule 605 of Regulation NMS) to improve public disclosure of order execution practices. Under Rule 605, market centers that trade national market system securities are required to make available to the public monthly electronic reports that include uniform statistical measures of execution quality.

605 Reports Current*

605 Reports Prior to 4/20

*_{Wall Street Access has two MPIDs (VNDM and WABR), as such, the firm’s 605 execution statistics reports from 04/20 to present will include statistics for both MPIDs separately in the same report as MPIDS TVNDM and TWABR}

Rule 606: Disclosure of SEC-Required Order Execution Information

The Securities and Exchange Commission adopted Rule 11Ac1-6 (now known as Rule 606 of Regulation NMS) to improve public disclosure of order routing practices. Under Rule 606, broker-dealers that route customer orders in equities and option securities are required to publish quarterly reports that provide a general overview of their routing practices.

606 Reports Link