• 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: 2nd QTR, 2015

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
UBS Securities, LLC 25.68%
Knight Execution & Clearing Services 24.99%
Bank Of America Merrill Lynch 10.54%
Goldman Sachs Execution & Clearing, L.P. 8.98%
NASDAQ 6.90%
NYSE 5.85%
Credit Suisse First Boston Corporation 5.84%
Archipelago Stock Exchange 5.48%
Clearpool Execution Services, LLC 2.83%
IEX Services, LLC 0.71%
Vandham Securities Corp 0.53%
Chicago Stock Exchange 0.48%
Convergex Execution Solutions 0.44%
Lubucki & Co., LLC 0.36%
J.P. Morgan Securities LLC 0.31%
EBX LLC 0.09%
Morgan Stanley & Co., LLC 0.01%

Information Concerning Significant Venues
Types of Orders Routed to Venue:

    Market
Orders
Limit
Orders
Other
Orders
Material Aspects of Relationship
w/ this Venue
1 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.
2 Knight Execution & Clearing Services 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 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 Goldman Sachs Execution & Clearing, L.P. 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 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.
6 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.
7 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.
8 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.
9 Clearpool Execution Services, 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.
10 IEX Services, 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.
11 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.
12 Convergex Execution Solutions 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.
13 Lubucki & Co., 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.
14 J.P. Morgan 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.
15 Vandham Securities Corp 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.
16 Vandham Securities Corp 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.
17 EBX 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.
18 Morgan Stanley & Co., 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.

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
UBS Securities, LLC 26.58%
Knight Execution & Clearing Services 26.29%
NASDAQ 13.43%
Bank Of America Merrill Lynch 9.39%
Goldman Sachs Execution & Clearing, L.P. 7.49%
Credit Suisse First Boston Corporation 5.61%
Archipelago Stock Exchange 4.47%
Clearpool Execution Services, LLC 2.98%
Vandham Securities Corp 0.85%
Convergex Execution Solutions 0.84%
Lubucki & Co., LLC 0.48%
IEX Services, LLC 0.45%
Chicago Stock Exchange 0.39%
J.P. Morgan Securities LLC 0.26%
ITG, Inc. 0.26%
EBX LLC 0.16%
NYSE 0.06%
Morgan Stanley & Co., LLC 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 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.
2 Knight Execution & Clearing Services 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 Goldman Sachs Execution & Clearing, L.P. 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 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.
7 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.
8 Clearpool Execution Services, 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.
9 Convergex Execution Solutions 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.
10 Lubucki & Co., 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.
11 IEX Services, 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.
12 Vandham Securities Corp 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.
13 Vandham Securities Corp 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.
14 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.
15 J.P. Morgan 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.
16 ITG, Inc. 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.
17 EBX 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.
18 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.
19 Morgan Stanley & Co., 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.

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
Knight Execution & Clearing Services 49.14%
UBS Securities, LLC 12.52%
Goldman Sachs Execution & Clearing, L.P. 8.45%
NASDAQ 7.34%
Credit Suisse First Boston Corporation 6.28%
Bank Of America Merrill Lynch 5.40%
American Stock Exchange 4.51%
Archipelago Stock Exchange 4.18%
J.P. Morgan Securities LLC 1.62%
IEX Services, LLC 0.35%
Convergex Execution Solutions 0.21%
Chicago Stock Exchange 0.01%
Stifel, Nicolaus & Company 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 Knight Execution & Clearing Services 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 Goldman Sachs Execution & Clearing, L.P. 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 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.
5 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.
6 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.
7 American 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 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.
9 J.P. Morgan 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.
10 IEX Services, 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.
11 Convergex Execution Solutions 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.
12 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.
13 Stifel, Nicolaus & Company 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
PCX ( (P) Pacific Exchange ) 39.98%
DASH ( (D) Dash Financial Options ) 23.67%
CBOE ( (C) Chicago Board Options Exchange ) 18.31%
AMEX ( (A) American Stock Exchange ) 11.34%
PHLX ( (X) Philadelphia Stock Exchange ) 6.20%
WEXX ( (W) Wolverine Execution Services Options ) 0.37%
GSCO ( (G) Goldman Sachs, & Co ) 0.13%

Information Concerning Significant Venues
Types of Orders Routed to Venue:

    Market
Orders
Limit
Orders
Other
Orders
Material Aspects of Relationship
w/ this Venue
1 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.
2 DASH ( (D) Dash Financial Options ) 0.00% 0.00% 100.00% JonesTrading does have a profit sharing arrangement with this market center.
3 CBOE ( (C) Chicago Board Options 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.
4 AMEX ( (A) American 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.
5 PHLX ( (X) Philadelphia 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.
6 WEXX ( (W) Wolverine Execution Services Options ) 0.00% 0.00% 100.00% JonesTrading does have a profit sharing arrangement with this market center.
7 GSCO ( (G) Goldman Sachs, & Co ) 0.00% 0.00% 100.00% JonesTrading does have a profit sharing arrangement with this market center.

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.