SEVEN POINTS CAPITAL
SEC Rule 606 Quarterly Report for the Quarter Ending September 30, 2012
Seven Points Capital 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" - 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, Seven Points Capital has selected the execution venue on behalf of its customers. Seven Points Capital 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.
Based on the design of the firm's proprietary order routing mechanism, most orders were routed to and executed by multiple venues. Therefore, the data below reflects the percentages of orders routed for execution at each market venue.
Summary Statistics :
Non-directed orders as percentage of total customer orders 4%
Market orders as percentage of total non-directed orders 4%
Limit orders as percentage of total non-directed orders 96%
Information Concerning Significant Venues :
New York Stock Exchange Listed Symols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
ARCA
|
78
|
2
|
98
|
|
NYSE
|
20
|
0
|
100
|
|
PFSI
|
2
|
52
|
48
|
American Stock Exchange Listed Symols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
PFSI
|
100
|
0
|
100
|
NASDAQ Listed Symols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
ARCA
|
98
|
7
|
93
|
|
ISLD
|
2
|
0
|
100
|
|
PFSI
|
1
|
29
|
71
|
Other and Regional Exchanges Listed Symols
|
Venue
|
% of volume
|
% of orders - Market
|
% of orders - Limit
|
|
ARCA
|
99
|
0
|
100
|
|
ISLD
|
1
|
0
|
100
|
|