CUTTONE & COMPANY
SEC Rule 606 Quarterly Report for the Quarter Ending December 31, 2012
Cuttone & Company has prepared this report pursuant to a U.S. Securities and Exchange Commission rule requiring all brokerage firms to make publicly available quarterly reports on their order routing practices. The report provides information on the routing of "non-directed orders, “that is, any order that the customer has not specifically instructed to be routed to a particular venue [market center] for execution. For these non-directed orders, Cuttone & Company has selected the execution venue on behalf of its customers.
Cuttone & Company may participate in programs which result in its receipt of remuneration, compensation, or other consideration for the placing of orders with other broker-dealers, exchanges and market centers for execution.
Summary Statistics :
Non-directed orders as percentage of total customer orders 100%
Market orders as percentage of total non-directed orders 68%
Limit orders as percentage of total non-directed orders 32%
Information Concerning Significant Venues (EQUITIES):
New York Stock Exchange Listed Symols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
NYSE
|
97
|
68
|
32
|
|
Knight Capital Markets
|
2
|
77
|
23
|
American Stock Exchange Listed Symols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
NYSE
|
95
|
65
|
35
|
|
Knight Capital Markets
|
5
|
66
|
34
|
NASDAQ Listed Symols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
Knight Capital Markets
|
41
|
100
|
0
|
|
NYSE
|
38
|
67
|
33
|
|
BATS
|
5
|
89
|
11
|
|
NASDAQ
|
5
|
72
|
18
|
|
Getco, LLC
|
4
|
100
|
0
|
|
ARCA
|
2
|
56
|
44
|
|
MISMI
|
3
|
100
|
0
|
Other and Regional Exchanges Listed Symols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
Getco, LLC
|
43
|
100
|
0
|
|
ARCA
|
35
|
100
|
0
|
|
J.P. Morgan
|
7
|
100
|
0
|
|
BATS
|
5
|
100
|
0
|
|
Knight Capital Markets
|
5
|
100
|
0
|
|
Algo Partners
|
2
|
100
|
0
|
|
NYSE
|
2
|
100
|
0
|
|
MISMI
|
1
|
100
|
0
|
Information Concerning Significant Venues (OPTIONS):
New York Stock Exchange Listed Symols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
KOMM
|
100
|
0
|
100
|
NASDAQ Listed Symols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
KOMM
|
59
|
0
|
100
|
|
IB
|
37
|
0
|
100
|
|
Knight Capital Markets
|
4
|
0
|
100
|
Other and Regional Exchanges Listed Symols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
IB
|
94
|
0
|
100
|
|
KOMM
|
4
|
0
|
100
|
|
Knight Capital Markets
|
3
|
0
|
100
|
|