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.
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: 3rd QTR, 2019

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
Citadel Securities, LLC 32.47%
Clearpool Execution Services, LLC 20.87%
FIS Brokerage & Securities Services, LLC 14.08%
UBS Securities, LLC 7.31%

 

Information Concerning Significant Venues Types of Orders Routed to Venue:

Market
Orders
Limit
Orders
Other
Orders
Material Aspects of Relationship
w/ this Venue
1 Citadel Securities, LLC 0.00% 0.00% 100.00% JonesTrading is party to Citadel’s standard Schedule of Transaction Fees for US broker dealers. Citadel will pass along rebates it receives for executions and reduce the amount of transaction fees owed to them.
2 Clearpool Execution Services, LLC 0.00% 0.00% 100.00% JonesTrading is party to Clearpool’s standard Schedule of Transaction Fees for US broker dealers. Clearpool will pass along rebates it receives for executions and reduce the amount of transaction fees owed to them.
3 FIS Brokerage & Securities Services, LLC 0.00% 0.00% 100.00% JonesTrading is party to FIS’s standard Schedule of Transaction Fees for US broker dealers. FIS will pass along rebates it receives for executions and reduce the amount of transaction fees owed to them.
4 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.

 

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
Clearpool Execution Services, LLC 36.49%
Bank of America Merrill Lynch 22.97%
FIS Brokerage & Securities Services, LLC 14.86%
NASDAQ 13.51%
Citadel Securities, LLC 12.16%

 

Information Concerning Significant Venues Types of Orders Routed to Venue:

Market
Orders
Limit
Orders
Other
Orders
Material Aspects of Relationship
w/ this Venue
1 Clearpool Execution Services, LLC 0.00% 0.00% 100.00% JonesTrading is party to Clearpools’s standard Schedule of Transaction Fees for US broker dealers. Clearpool will pass along rebates it receives for executions and reduce the amount of transaction fees owed to them.
2 Bank of America Merrill Lynch 0.00% 0.00% 100.00% JonesTrading is party to BOFA’s standard Schedule of Transaction Fees for US broker dealers. BOFA will pass along rebates it receives for executions and reduce the amount of transaction fees owed to them.
3 FIS Brokerage & Security Services, LLC 0.00% 0.00% 100.00% JonesTrading is party to FIS’s standard Schedule of Transaction Fees for US broker dealers. FIS will pass along rebates it receives for executions and reduce the amount of transaction fees owed to them.
4 NASDAQ 0.00% 0.00% 100.00% JonesTrading is party to NASDAQ’s standard Schedule of Transaction Fees for US broker dealers. NASDAQ will pass along rebates it receives for executions and reduce the amount of transaction fees owed to them.
5 Citadel Securities, LLC 0.00% 0.00% 100.00% JonesTrading is party to Citadel’s standard Schedule of Transaction Fees for US broker dealers. Citadel will pass along rebates it receives for executions and reduce the amount of transaction fees owed to them.

 

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
Citadel Securities, LLC 35.19%
Clearpool Execution Services, LLC 14.63%
UBS Securities, LLC 12.16%
ITG Inc. 10.02%
NASDAQ 7.41%
FIS Brokerage & Securities Services, LLC 7.40%

 

Information Concerning Significant Venues Types of Orders Routed to Venue:

Market
Orders
Limit
Orders
Other
Orders
Material Aspects of Relationship
w/ this Venue
1 Citadel Securities, LLC 0.00% 0.00% 100.00% JonesTrading is party to Citadel’s standard Schedule of Transaction Fees for US broker dealers. Citadel will pass along rebates it receives for executions and reduce the amount of transaction fees owed to them.
2 Clearpool Execution Services, LLC 0.00% 0.00% 100.00% JonesTrading is party to Clearpool’s standard Schedule of Transaction Fees for US broker dealers. Clearpool will pass along rebates it receives for executions and reduce the amount of transaction fees owed to them.
3 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.
4 ITG Inc. 0.00% 0.00% 100.00% JonesTrading is party to ITG’s standard Schedule of Transaction Fees for US broker dealers. ITG will pass along rebates it receives for executions and reduce the amount of transaction fees owed to them.
5 NASDAQ 0.00% 0.00% 100.00% JonesTrading is party to NADSAQ’s standard Schedule of Transaction Fees for US broker dealers. NASDAQ will pass along rebates it receives for executions and reduce the amount of transaction fees owed to them.
6 FIS Brokerage & Securities Services, LLC 0.00% 0.00% 100.00% JonesTrading is party to FIS’s standard Schedule of Transaction Fees for US broker dealers. FIS will pass along rebates it receives for executions and reduce the amount of transaction fees owed to them.

 

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 44.31%
DASH (D) Dash Financial Options 39.98%
CBOE (C) Chicago Board Options Exchange 15.71%

 

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 not have a profit sharing arrangement with or receive payment for order flow from this venue/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.

 

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.