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CUTTONE
& COMPANY
SEC Rule 606 Quarterly Report for the Quarter Ending December 31, 2013
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 57%
Limit orders as percentage of total non-directed orders 43%
Information Concerning Significant Venues (EQUITIES):
New York Stock Exchange Listed Symbols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
NYSE
|
95
|
55
|
45
|
|
ETCC
|
2
|
88
|
12
|
|
KNIGHT
|
2
|
87
|
13
|
American Stock Exchange Listed Symbols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
NYSE
|
81
|
32
|
68
|
|
KNIGHT
|
13
|
78
|
22
|
|
ARCA
|
2
|
88
|
12
|
|
ETCC
|
2
|
100
|
0
|
|
NASDAQ
|
1
|
85
|
15
|
NASDAQ Listed Symbols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
NYSE
|
80
|
60
|
40
|
|
ETCC
|
10
|
90
|
10
|
|
KNIGHT
|
7
|
72
|
28
|
|
NASDAQ
|
2
|
84
|
16
|
|
ARCA
|
1
|
86
|
14
|
Other and Regional Exchanges Listed Symbols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
NYSE
|
92
|
24
|
76
|
|
KNIGHT
|
8
|
0
|
100
|
Information Concerning Significant Venues (OPTIONS):
New York Stock Exchange
Listed Symbols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
KOMM
|
100
|
0
|
100
|
American Stock Exchange Listed Symbols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
IB
|
100
|
99
|
1
|
NASDAQ Listed Symbols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
KOMM
|
85
|
0
|
100
|
|
IB
|
15
|
0
|
100
|
Other and Regional Exchanges Listed Symbols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
KOMM
|
100
|
0
|
100
|
|