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 1st Quarter 2021

% 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
18.87 72.97 17.18 8.68 1.17

Detail 1st Quarter 2021

Venue % Non Directed % Market Orders % Marketable
Lmt Orders
% Non-Marketable
Lmt Orders
% Other Orders
 
Jan
CPEM 5.99 6.61 1.39 10.71 0.00
IAEC 6.15 8.39 0.16 0.00 0.00
INET 0.01 0.00 0.07 0.00 0.00
Other 0.97 1.32 0.00 0.04 0.00
VALR 14.85 7.11 43.99 24.21 0.00
WABR 0.32 0.35 0.00 0.00 5.28
 
Feb
ARCA 0.05 0.00 0.07 0.49 0.00
CPEM 2.12 0.78 3.90 10.17 0.00
IAEC 10.93 14.58 0.13 3.02 0.00
INET 0.02 0.00 0.00 0.18 0.00
Other 0.45 0.61 0.04 0.00 0.00
VALR 9.98 9.40 14.27 6.57 8.25
WABR 1.07 1.15 0.11 1.69 5.94
 
Mar
ARCA 0.02 0.00 0.04 0.09 0.00
CPEM 8.25 8.56 3.57 15.99 0.00
IAEC 15.27 19.85 0.36 8.35 0.00
INET 0.01 0.00 0.00 0.09 0.00
Other 3.73 5.09 0.04 0.04 0.00
VALR 18.56 15.83 31.64 16.61 11.55
WABR 1.26 0.37 0.20 1.73 68.98

Summary 1st Quarter 2021

% 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
68.70 52.95 20.66 25.10 1.29

Detail 1st Quarter 2021

Venue % Non Directed % Market Orders % Marketable
Lmt Orders
% Non-Marketable
Lmt Orders
% Other Orders
 
Jan
ARCA 0.04 0.00 0.02 0.16 0.00
CPEM 5.13 6.12 5.02 3.37 0.00
IAEC 5.14 7.35 1.26 3.92 0.00
INET 0.19 0.15 0.09 0.37 0.00
NITE 0.25 0.07 0.24 0.65 0.00
Other 0.14 0.05 0.32 0.19 0.00
VALR 14.69 15.21 19.28 9.57 19.78
WABR 1.86 0.99 1.39 3.64 10.70
 
Feb
ARCA 0.00 0.00 0.00 0.01 0.00
CPEM 12.84 9.20 5.85 26.93 0.00
IAEC 4.46 7.48 0.82 1.30 0.00
INET 0.15 0.21 0.06 0.10 0.00
NITE 0.31 0.05 0.31 0.86 0.00
Other 0.92 1.10 0.38 1.01 0.00
VALR 17.00 15.71 27.69 10.61 22.95
WABR 1.98 1.20 2.53 2.75 10.03
 
Mar
CPEM 7.27 6.28 4.23 12.24 0.00
IAEC 5.03 7.68 1.51 2.59 0.00
IFCS 0.17 0.25 0.15 0.04 0.00
INET 0.12 0.16 0.06 0.11 0.00
NITE 0.26 0.03 0.28 0.74 0.00
OPCO 0.06 0.00 0.02 0.24 0.00
Other 0.48 0.55 0.53 0.29 0.00
VALR 18.78 18.70 25.33 13.62 17.63
WABR 2.72 1.43 2.63 4.68 18.90

Summary 1st Quarter 2021

% 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
1.06 18.55 51.29 30.16 0.00

Detail 1st Quarter 2021

Venue % Non Directed % Market Orders % Marketable
Lmt Orders
% Non-Marketable
Lmt Orders
% Other Orders
 
Jan
Other 27.07 32.88 25.41 26.32 0.00
 
Feb
Other 35.17 45.95 28.83 39.34 0.00
 
Mar
Other 37.76 21.17 45.77 34.35 0.00