QUATTRO
M. SECURITIES, INC. Quattro M Securities Inc.,
“Quattro” 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 routing practices. The report provides information on the
routing of “non-directed orders,” that is orders that the
customer has not specifically instructed to be routed to a particular venue
(Market Center) for execution.
For these non-directed orders, Quattro has selected the identified
execution venues on behalf of its customers. Pursuant to the SEC Rule
607 of Regulation NMS, broker dealers are required to detail any payment for
order flow practices. Quattro does not receive payment for order flow, nor
does it pay for order flow. The Firm, in its efforts
to seek best execution, routes client orders to national securities
exchanges, alternative trading systems (ATSs) and other venues and market
centers (collectively 'Market Centers') that may provide volume discounts or
rebates based on aggregate trading volume generated by the Firm. Discounts or
rebates received by the Firm from a Market Center during any time period may
or may not exceed the fees paid by the Firm to the Market Center during that
time period. The amounts of such discounts or rebates are based upon uniform
rates assigned by the Market Centers. Further information about the source
and nature of any such discounts or rebates received by the Firm will be
provided upon your written request.
This Rule 606 Report may be updated with additional information upon
any SEC Rule change. Material Aspects; Information concerning
significant Algorithm Providers/Venues: In keeping with Industry
Standards Quattro M Securities Inc., is charged for routing U.S Equities that
take liquidity from the venue (Exchanges), and is rebated for U.S. Equities
and Exchange Traded Funds (ETFs) shares, that provide liquidity to the venue
(Exchanges). Quattro M Securities Inc., may receive pass through rebates/fees
from the Algorithm Providers.
Customers may request the
identity of the venue where specific orders were routed for execution for any
orders in the previous six (6) months by sending the request via: Email: Mailing
Address: cwoodworth@qmsdirectex.com Quattro
M Securities Inc. 735 Ridgefield Road Wilton CT 06897 Please include the security
and trade date with your request: Summary Statistics : Non-directed orders as percentage of total customer orders
100% Market on Close as percentage of total non-directed order
5%
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