SEC Rule 606 of Regulation NMS requires broker-dealers to publish quarterly reports describing their routing of non-directed held orders in NMS securities. The report below summarizes, for each month of the quarter, the venues to which Alternative Execution Group routed such orders, broken out by security category and order type.
Net payment received from or paid to each venue, in aggregate and per hundred shares, was $0.00 for all order types and venues during this period.
January 2026
S&P 500 Stocks
| Venue | Non-Directed Orders | Market Orders | Marketable Limit | Non-Marketable Limit | Other |
|---|---|---|---|---|---|
| TPRO | 13.07% | 0.00% | 0.00% | 0.00% | 0.00% |
| GLPX | 4.59% | 0.00% | 0.00% | 0.00% | 0.00% |
Non-S&P 500 Stocks
| Venue | Non-Directed Orders | Market Orders | Marketable Limit | Non-Marketable Limit | Other |
|---|---|---|---|---|---|
| TPRO | 89.03% | 0.00% | 0.00% | 0.00% | 0.00% |
| GLPX | 6.27% | 0.00% | 0.00% | 0.00% | 0.00% |
Options
No held orders in listed options were routed during this period.
February 2026
S&P 500 Stocks
| Venue | Non-Directed Orders | Market Orders | Marketable Limit | Non-Marketable Limit | Other |
|---|---|---|---|---|---|
| TPRO | 61.14% | 0.00% | 0.00% | 0.00% | 0.00% |
| GLPX | 3.17% | 0.00% | 0.00% | 0.00% | 0.00% |
Non-S&P 500 Stocks
| Venue | Non-Directed Orders | Market Orders | Marketable Limit | Non-Marketable Limit | Other |
|---|---|---|---|---|---|
| TPRO | 97.37% | 0.00% | 0.00% | 0.00% | 0.00% |
| GLPX | 0.51% | 0.00% | 0.00% | 0.00% | 0.00% |
Options
No held orders in listed options were routed during this period.
March 2026
S&P 500 Stocks
| Venue | Non-Directed Orders | Market Orders | Marketable Limit | Non-Marketable Limit | Other |
|---|---|---|---|---|---|
| TPRO | 69.11% | 0.00% | 0.00% | 0.00% | 0.00% |
| GLPX | 2.56% | 0.00% | 0.00% | 0.00% | 0.00% |
Non-S&P 500 Stocks
| Venue | Non-Directed Orders | Market Orders | Marketable Limit | Non-Marketable Limit | Other |
|---|---|---|---|---|---|
| TPRO | 97.32% | 0.00% | 0.00% | 0.00% | 0.00% |
| GLPX | 0.52% | 0.00% | 0.00% | 0.00% | 0.00% |
Options
No held orders in listed options were routed during this period.
Notes. Percentages reflect non-directed held orders as a percentage of total orders in each security category. “Marketable Limit” and “Non-Marketable Limit” refer to limit orders that were, respectively, immediately executable or not immediately executable at the time of receipt. Venue codes: TPRO and GLPX refer to execution venues to which orders were routed during the period.
This report is made available pursuant to SEC Rule 606(a) and will remain posted for a period of three years from the date of publication.