605 Prior to April 2020
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.
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