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, 2018

 

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
Clearpool Execution Services, LLC 17.73%
Knight Execution & Clearing Services 15.73%
UBS Securities, LLC 15.36%
FIS Brokerage & Securities Services, LLC 14.31%
Vandham Securities Corp 8.16%
Morgan Stanley & Co., LLC 7.98%
Citadel Securities, LLC 5.73%

 

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 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 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 FIS Brokerage & Securities 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.
5 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.
6 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.
7 Citadel 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
Citadel Securities, LLC 27.19%
Clearpool Execution Services, LLC 20.89%
FIS Brokerage & Securities Services, LLC 19.30%
Knight Execution & Clearing Services 14.65%
UBS Securities, LLC 8.88%

 

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 does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center.
2 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.
3 FIS Brokerage & 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 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.
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.

 

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
UBS Securities, LLC 47.43%
Knight Execution & Clearing Services 30.30%
FIS Brokerage & Securities Services, LLC 11.10%
NASDAQ 6.23%
Clearpool Execution Services, LLC 6.23%

 

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 FIS Brokerage & Securities 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.
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 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.

 

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
DASH (D) Dash Financial Options 50.78%
PCX (P) Pacific Exchange 31.57%
CBOE (C) Chicago Board Options Exchange 9.83%
AMEX (A) American Stock Exchange 7.78%

 

Information Concerning Significant Venues Types of Orders Routed to Venue:

Market
Orders
Limit
Orders
Other
Orders
Material Aspects of Relationship
w/ this Venue
1 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.
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 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.
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.

 

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.