Rule 606 Report

Triad Securities Corp. has prepared these reports pursuant to SEC Reg NMS Rule 606 requiring all brokerage firms to make publicly available quarterly reports on their order routing practices.

The reports provide information on the routing of "non-directed orders". This is any order that the customer has not specifically instructed to be routed to a particular venue for execution. For these non-directed orders, Triad has selected the execution venue on behalf of its customers.

Pursuant to this rule, customers can request details on the identity of the venue to which the customer's orders were routed for execution. It is important to note that Triad does not have a program for internalizing order flow, accepting payment for order flow, or participating in a profit sharing relationship with any venue.

S&P 500 Non S&P 500 Options

Summary 3rd Quarter 2020

% Non-Directed of All Orders % Market of
Non-Directed Orders
% Marketable Lmt of
Non-Directed Orders
% Non-Marketable Lmt of
Non-Directed Orders
% Other of
Non-Directed Orders
10.70 61.07 28.91 8.81 1.21

Detail 3rd Quarter 2020

Venue % Non Directed % Market Orders % Marketable
Lmt Orders
% Non-Marketable
Lmt Orders
% Other Orders
 
Jul
ARCA 0.01 0.00 0.04 0.00 0.00
CPEM 5.23 7.26 1.76 3.28 0.00
IAEC 1.65 2.70 0.00 0.00 0.00
INET 0.02 0.04 0.00 0.00 0.00
ITGI 0.92 0.70 1.64 0.26 0.00
Other 0.07 0.08 0.08 0.00 0.00
VALR 25.19 16.03 43.09 30.28 22.86
WABR 0.60 0.85 0.20 0.13 0.95
 
Aug
CPEM 6.80 2.91 11.10 20.58 0.00
IAEC 4.06 6.66 0.00 0.00 0.00
IFCS 0.09 0.00 0.32 0.00 0.00
ITGI 0.67 0.00 0.76 5.11 0.00
Other 4.80 7.79 0.16 0.00 0.00
VALR 12.99 8.41 20.49 15.86 43.81
WABR 0.30 0.26 0.32 0.00 3.81
 
Sep
CPEM 8.46 11.72 1.60 9.57 0.00
IAEC 12.12 19.47 0.80 0.00 0.00
ITGI 1.22 2.00 0.00 0.00 0.00
Other 0.25 0.38 0.08 0.00 0.00
VALR 12.26 10.23 16.13 14.81 3.81
WABR 2.25 2.50 1.44 0.13 24.76

Summary 3rd Quarter 2020

% Non-Directed of All Orders % Market of
Non-Directed Orders
% Marketable Lmt of
Non-Directed Orders
% Non-Marketable Lmt of
Non-Directed Orders
% Other of
Non-Directed Orders
61.70 54.71 22.51 21.71 1.07

Detail 3rd Quarter 2020

Venue % Non Directed % Market Orders % Marketable
Lmt Orders
% Non-Marketable
Lmt Orders
% Other Orders
 
Jul
ARCA 0.04 0.01 0.11 0.02 0.00
CPEM 8.72 10.75 7.85 4.94 0.00
IAEC 5.74 7.38 0.71 7.13 0.00
IFCS 0.25 0.25 0.46 0.03 0.00
INET 0.16 0.24 0.00 0.11 0.00
ITGI 2.08 1.01 3.10 3.81 0.00
NITE 0.20 0.00 0.18 0.74 0.00
Other 1.05 0.67 0.54 2.57 0.00
VALR 14.08 13.51 16.77 13.06 6.98
WABR 1.53 1.20 1.76 1.53 13.56
 
Aug
ARCA 0.02 0.00 0.02 0.07 0.00
CPEM 9.38 11.66 6.89 6.66 0.00
IAEC 4.31 5.92 0.59 4.34 0.00
IFCS 0.69 0.74 0.26 1.02 0.00
INET 0.46 0.23 0.64 0.86 0.00
ITGI 2.68 2.83 2.84 2.26 0.00
NITE 0.59 0.00 0.52 2.17 0.00
Other 1.01 1.08 1.42 0.47 0.00
VALR 12.68 8.20 21.91 14.37 13.08
WABR 1.65 1.10 1.24 2.63 19.10
 
Sep
ARCA 0.03 0.00 0.13 0.00 0.00
CPEM 5.88 5.40 6.95 6.26 0.00
IAEC 9.55 15.47 1.27 3.69 0.00
IFCS 0.00 0.00 0.00 0.00 0.00
INET 0.18 0.24 0.16 0.06 0.00
ITGI 1.11 0.67 1.68 1.70 0.00
NITE 0.46 0.00 0.18 1.93 0.00
Other 0.46 0.37 0.45 0.69 0.00
VALR 11.97 8.84 19.19 12.17 16.37
WABR 3.04 2.22 2.16 4.66 30.90

Summary 3rd Quarter 2020

% Non-Directed of All Orders % Market of
Non-Directed Orders
% Marketable Lmt of
Non-Directed Orders
% Non-Marketable Lmt of
Non-Directed Orders
% Other of
Non-Directed Orders
0.35 0.00 18.33 81.67 0.00

Detail 3rd Quarter 2020

Venue % Non Directed % Market Orders % Marketable
Lmt Orders
% Non-Marketable
Lmt Orders
% Other Orders
 
Jul
Other 48.21 0.00 39.13 50.24 0.00
 
Aug
Other 33.86 0.00 26.09 35.61 0.00
 
Sep
Other 17.93 0.00 34.78 14.15 0.00