• Order Routing

Order Routing

JonesTrading Institutional Services LLC (JonesTrading) is using its internet site to make publicly available its order routing practices pursuant to Rule 606 (Formerly known as Rule 11Ac1-6).

These quarterly reports will be made available within one month after the end of the quarter addressed in the report. 



Report Period: 4th QTR, 2013

Securities Listed on NYSE

Summary Statistics:
(As percentage of total customer orders and non-directed orders):

Order Type Percentage
Non-directed 100%
Market orders 0%
Limit orders 0%
Other orders 100%

Venues Receiving Significant Percentage of Total Non-Directed Orders:

Venue Percentage
NYSE 99.62%
Chicago Stock Exchange 0.38%

Information Concerning Significant Venues
Types of Orders Routed to Venue:

    Market
Orders
Limit
Orders
Other
Orders
Material Aspects of Relationship
w/ this Venue
1 NYSE 0.00% 0.00% 100.00% JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center.
2 Chicago Stock Exchange 0.00% 0.00% 100.00% JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center.

Securities Listed on NASDAQ

Summary Statistics:
(As percentage of total customer orders and non-directed orders):

Order Type Percentage
Non-directed 100%
Market orders 0%
Limit orders 0%
Other orders 100%

Venues Receiving Significant Percentage of Total Non-Directed Orders:

Venue Percentage
Credit Suisse First Boston Corporation 24.80%
UBS Securities, LLC 20.94%
NASDAQ 16.15%
Bank Of America Merrill Lynch 15.68%
Barclays Capital 12.14%
Archipelago Stock Exchange 9.95%
Chicago Stock Exchange 0.35%
New York Stock Exchange 0.00%
Knight Securities 0.00%

Information Concerning Significant Venues
Types of Orders Routed to Venue:

    Market
Orders
Limit
Orders
Other
Orders
Material Aspects of Relationship
w/ this Venue
1 Credit Suisse First Boston Corporation 0.00% 0.00% 100.00% JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center.
2 UBS Securities, LLC 0.00% 0.00% 100.00% JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center.
3 NASDAQ 0.00% 0.00% 100.00% As of November 1, 2002, JonesTrading is party to Instinet's standard Schedule of Transaction Fees for US broker-dealers. Under this schedule, JonesTrading is charged for routing U.S. Equities that take liquidity from the system and is rebated for U.S. Equities and Exchange Traded Funds (ETFs) shares that provide liquidity to the system.
4 Bank Of America Merrill Lynch 0.00% 0.00% 100.00% JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center.
5 Barclays Capital 0.00% 0.00% 100.00% JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center.
6 Archipelago Stock Exchange 0.00% 0.00% 100.00% As of January 15, 2003, JonesTrading Institutional Services LLC. (JonesTrading) is party to Archipelago's standard Schedule of Transaction Fees for US broker-dealers. Under this schedule JonesTrading is charged for routing OTC and listed shares that take liquidity from the system and is rebated for OTC and Exchange Traded Funds (ETFs) shares that provide liquidity to the system.
7 Chicago Stock Exchange 0.00% 0.00% 100.00% JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center.
8 New York Stock Exchange 0.00% 0.00% 100.00% JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center.
9 Knight Securities 0.00% 0.00% 100.00% JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center.

Securities Listed on AMEX/Other Exchanges

Summary Statistics:
(As percentage of total customer orders and non-directed orders):

Order Type Percentage
Non-directed 100%
Market orders 0%
Limit orders 0%
Other orders 100%

Venues Receiving Significant Percentage of Total Non-Directed Orders:

Venue Percentage
Archipelago Stock Exchange 28.95%
NASDAQ 17.54%
Bank Of America Merrill Lynch 12.15%
Credit Suisse First Boston Corporation 11.63%
UBS Securities, LLC 9.54%
Chicago Stock Exchange 8.90%
Barclays Capital 6.17%
New York Stock Exchange 5.12%

Information Concerning Significant Venues
Types of Orders Routed to Venue:

    Market
Orders
Limit
Orders
Other
Orders
Material Aspects of Relationship
w/ this Venue
1 Archipelago Stock Exchange 0.00% 0.00% 100.00% As of January 15, 2003, JonesTrading Institutional Services LLC. (JonesTrading) is party to Archipelago's standard Schedule of Transaction Fees for US broker-dealers. Under this schedule JonesTrading is charged for routing OTC and listed shares that take liquidity from the system and is rebated for OTC and Exchange Traded Funds (ETFs) shares that provide liquidity to the system.
2 NASDAQ 0.00% 0.00% 100.00% As of November 1, 2002, JonesTrading is party to Instinet's standard Schedule of Transaction Fees for US broker-dealers. Under this schedule, JonesTrading is charged for routing U.S. Equities that take liquidity from the system and is rebated for U.S. Equities and Exchange Traded Funds (ETFs) shares that provide liquidity to the system.
3 Bank Of America Merrill Lynch 0.00% 0.00% 100.00% JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center.
4 Credit Suisse First Boston Corporation 0.00% 0.00% 100.00% JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center.
5 UBS Securities, LLC 0.00% 0.00% 100.00% JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center.
6 Chicago Stock Exchange 0.00% 0.00% 100.00% JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center.
7 Barclays Capital 0.00% 0.00% 100.00% JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center.
8 New York Stock Exchange 0.00% 0.00% 100.00% JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center.

Exchange Listed Options

Summary Statistics:
(As percentage of total customer orders and non-directed orders):

Order Type Percentage
Non-directed 100%
Market orders 0%
Limit orders 0%
Other orders 100%

Venues Receiving Significant Percentage of Total Non-Directed Orders:

Venue Percentage
CBOE ( (C) Chicago Board Options Exchange ) 59.61%
PCX ( (P) Pacific Exchange ) 34.64%
PHLX ( (X) Philadelphia Stock Exchange ) 5.67%
ISE ( (I) International Securities Exchange ) 0.09%

Information Concerning Significant Venues
Types of Orders Routed to Venue:

    Market
Orders
Limit
Orders
Other
Orders
Material Aspects of Relationship
w/ this Venue
1 CBOE ( (C) Chicago Board Options Exchange ) 0.00% 0.00% 100.00% As of April 20, 2009, JonesTrading and Barclays Capital signed an agreement wherein Barclays Capital will rebate from its pool accrual to JonesTrading the orders routed to Barclays Capital's market makers. This agreement includes orders routed to the Chicago Board Options Exchange.
2 PCX ( (P) Pacific Exchange ) 0.00% 0.00% 100.00% JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center.
3 PHLX ( (X) Philadelphia Stock Exchange ) 0.00% 0.00% 100.00% As of April 20, 2009, JonesTrading and Barclays Capital signed an agreement wherein Barclays Capital will rebate from its pool accrual to JonesTrading the orders routed to Barclays Capital's market makers. This agreement includes orders routed to the Philadelphia Stock Exchange.
4 ISE ( (I) International Securities Exchange ) 0.00% 0.00% 100.00% As of April 20, 2009, JonesTrading and Barclays Capital signed an agreement wherein Barclays Capital will rebate from its pool accrual to JonesTrading the orders routed to Barclays Capital's market makers. This agreement includes orders routed to the International Securities Exchange.

Customers may request the identity of the venue where specific orders were routed for execution for any order in the previous six (6) months by sending a written request to:

JonesTrading Institutional Services
Attn: Compliance Department
32133 Lindero Canyon Road
Suite 208
Westlake Village, CA 91361

Please include the security and trade date with your request.