posted : April 23,2018 – Optimal Applications, LLC
Ferretti Group Inc. 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 … has selected the execution venue on behalf of its customers. The Firm may receive payment based on certain types of orders.
Summary Statistics :
Non-directed orders as percentage of total customer orders
Other orders as percentage of total non-directed orders 100%
Information Concerning Significant Venues
Nasdaq Listed Symbols– 70% of Total Non-Directed Orders
New York Stock Exchange Listed Symbols– 29% of Total Non-Directed Orders