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CUTTONE
& COMPANY
SEC Rule 606 Quarterly Report for the Quarter Ending March 31, 2014
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 52%
Limit orders as percentage of total non-directed orders 48%
Information Concerning Significant Venues (EQUITIES):
New York Stock Exchange Listed Symbols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
NYSE
|
96
|
52
|
48
|
|
ETCC
|
2
|
75
|
25
|
|
KNIGHT
|
1
|
90
|
10
|
American Stock Exchange Listed Symbols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
NYSE
|
87
|
45
|
55
|
|
ETCC
|
10
|
70
|
30
|
|
KNIGHT
|
3
|
90
|
10
|
NASDAQ Listed Symbols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
NYSE
|
88
|
65
|
35
|
|
KNIGHT
|
7
|
90
|
10
|
|
NASDAQ
|
3
|
80
|
20
|
|
ARCA
|
2
|
90
|
10
|
|
BATS
|
1
|
40
|
60
|
Other and Regional Exchanges Listed Symbols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
NYSE
|
100
|
50
|
50
|
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
|
0
|
100
|
NASDAQ Listed Symbols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
KOMM
|
90
|
0
|
100
|
|
IB
|
10
|
0
|
100
|
Other and Regional Exchanges Listed Symbols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
KOMM
|
100
|
0
|
100
|
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