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Transcription:

Broker Performance Dashboard BROKER USAGE PARENT USAGE CHILD ROUTES VENUE TYPES

Broker Performance Dashboard PRICE IMPROVEMENT OPPORTUNITY COST LATENCY PRICE IMPROVEMENT: PROVIDE OPPORTUNITY COST: PROVIDE LATENCY: PROVIDE PRICE IMPROVEMENT: TAKE OPPORTUNITY COST: TAKE LATENCY: TAKE

Broker Provide/Take Comparison PROVIDE %: ROUTES VS. FILLS PROVIDE %: BY VENUE TYPE TAKE % BY VENUE TYPE TAKE %: ROUTES VS. FILLS

VENUE AND ROUTING ANALYTICS Short Term Momentum by Broker: Provide, Aggressive All Brokers BY VENUE TYPE Client X TABB VENUE CLASSIFICATION INTERNAL POOLS BROKER POOLS (INCL INTERNAL) AGENCY / CONSOLIDATED EMM LIT INVERSE

Short Term Momentum by Broker: Take, Aggressive FILLED ROUTES PARTIALLY FILLED ROUTES UNFILLED ROUTES INTERNAL POOLS BROKER POOLS (INCL INTERNAL) LIT AGENCY / CONSOLIDATED EMM INVERSE

Broker Fees PROVIDE REBATES

Broker Fees TAKE FEES

Broker Activity Summary # Orders # Child Routes Ordered Qty Executed Qty # Fills Order Route Fill Route s/fill $Value Ordered $Value Executed Route Fill Rate Shares Fill Rate Latency (milsecs) Fees USAGE BY VENUE TYPE PROVIDE % TAKE %

Broker Activity Summary: Provide, Aggressive Strategy # Orders* # Child Routes Ordered Qty Executed Qty # Fills Order Route Fill Routes/ Fill $Value Ordered $Value Executed Route Fill Rate Shares Fill Rate Latency (milsecs) Fees USAGE BY VENUE TYPE ACTIVITY BY VENUE

Broker Performance Summary: Provide, Aggressive Strategy # Orders* # Child Routes Ordered Qty Executed Qty # Fills Order Route Fill Routes/Fill $Value Ordered $Value Executed Route Fill Rate Shares Fill Rate Latency (milsecs) Fees PRICE IMPROVEMENT OPPORTUNITY COST LATENCY

Relative Sequence/CONCENTRATION: Provide, Aggressive Strategy # Orders* # Child Routes Ordered Qty Executed Qty # Fills Order Route Fill Routes/Fill $Value Ordered $Value Executed Route Fill Rate Shares Fill Rate Latency (milsecs) Fees RELATIVE SEQUENCE RELATIVE CONCENTRATION

BY VENUE TYPE VENUE AND ROUTING ANALYTICS Short Term Momentum: Provide, Aggressive TABB VENUE CLASSIFICATION INTERNAL POOLS BROKER POOLS (INCL INTERNAL) LIT AGENCY / CONSOLIDATED EMM INVERSE

Broker Activity Summary: Take, Aggressive Strategy # Child Ordered Executed Order Route Fill Routes $Value $Value Route Fill Shares Fill Latency # Orders* Routes Qty Qty # Fills /Fill Ordered Executed Rate Rate (milsecs) Fees 108 14,162 1,889,987 1,234,598 1,989 17,500 133 116 7.1 103,695,261 25,525,023 78% 76% (225) 12.4 *Includes orders with a partial take component USAGE BY VENUE TYPE ACTIVITY BY VENUE

Broker Performance Summary: Take, Aggressive Strategy Order Route Fill Routes/Fill # Child Ordered Executed $Value Route Fill Shares Fill # Orders* Routes Qty Qty # Fills Ordered $Value Executed Rate Rate 108 14,162 1,889,987 1,234,598 1,989 17,500 133 116 7 103,695,261 25,525,023 1 1 (225) 12 *Includes orders with a partial take component Latency (milsecs) Fees PRICE IMPROVEMENT OPPORTUNITY COST LATENCY

Relative Sequence/CONCENTRATION: Take, Aggressive Strategy Order Route Fill Routes/Fill # Child Ordered Executed $Value Route Fill Shares Fill # Orders* Routes Qty Qty # Fills Ordered $Value Executed Rate Rate 108 14,162 1,889,987 1,234,598 1,989 17,500 133 116 7.1 103,695,261 25,525,023 78% 76% (225) 12.4 *Includes orders with a partial take component RELATIVE SEQUENCE Latency (milsecs) Fees RELATIVE CONCENTRATION

Short Term Momentum: Take, Aggressive FILLED ROUTES PARTIALLY FILLED ROUTES UNFILLED ROUTES INTERNAL POOLS BROKER POOLS (INCL INTERNAL) LIT AGENCY / CONSOLIDATED EMM INVERSE