1.2 FIDELITY BROKERAGE SERVICES LLC 2023 02 2023-07-21T14:37:42Z 2023 04 97.08 54.70 6.19 34.79 4.32 New York Stock Exchange NYSE 28.06 0.00 1.85 43.01 0.00 -8 -7.5035 0 0.0000 6794 19.6495 -8 -21.1639 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://www.nyse.com/publicdocs/nyse/markets/nyse/NYSE_Price_List.pdf Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. NASDAQ Execution Services, LLC NSDQ 23.95 0.01 2.70 36.66 0.02 -241 -14.0987 -750 -15.1856 96683 31.7241 0 0.0000 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Non-Marketable Limit orders routed to Nasdaq are generally attested as retail, meet the exchange’s definition of “Rebate to Add Displayed Designated Retail Liquidity”, and qualify for the base rebate rate. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://nasdaqtrader.com/Trader.aspx?id=PriceListTrading2 Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Citadel Securities LLC CDRG 14.37 35.48 39.45 6.43 12.13 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. VIRTU Americas, LLC NITE 10.98 29.35 30.03 4.84 4.66 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. G1 Execution Services, LLC ETMM 7.71 23.12 16.48 3.10 0.77 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. National Financial Services LLC XSTM 7.70 0.00 0.00 0.00 78.39 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Marketable orders may be routed to FBS' affiliated broker-dealer NFS's Alternative Trading System, CrossStream, for potential execution at the mid-point or better of the National Best Bid and Offer (NBBO). FBS does not get charged an explicit fee or receive payment for order flow for orders executed in CrossStream​. NFS may receive a trading commission from the contra-side party against which the FBS order executed. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Jane Street Capital, LLC JNST 3.27 9.71 7.20 1.39 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Cboe EDGX US Equities Exchange EDGX 2.04 0.00 0.02 3.13 0.00 -3 -13.1277 0 0.0000 263841 31.9441 0 0.0000 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the exchange’s “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Non-Marketable Limit orders routed to Cboe EDGX are generally attested as retail, meet the exchange’s definition of “Retail Order, adds liquidity”, and qualify for the base rebate rate. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://www.cboe.com/us/equities/membership/fee_schedule/edgx/ Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Members Exchange MEMX 0.68 0.00 0.02 1.05 0.00 0 0.0000 0 0.0000 90188 33.9493 -11 -27.7754 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Non-Marketable Limit orders routed to MEMX are generally attested as retail, meet the exchange’s definition of “Added displayed volume, Retail order”, and qualify for the base rebate rate. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://info.memxtrading.com/fee-schedule/. Fidelity has an ownership interest in the Members Exchange Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Two Sigma Securities, LLC SOHO 0.46 1.25 0.88 0.17 0.48 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point 96.20 50.45 9.84 35.19 4.52 NASDAQ Execution Services, LLC NSDQ 16.25 0.00 0.87 27.24 0.11 -105 -10.4606 -2713 -7.5906 354722 20.7043 -3 -3.5668 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Non-Marketable Limit orders routed to Nasdaq are generally attested as retail, meet the exchange’s definition of “Rebate to Add Displayed Designated Retail Liquidity”, and qualify for the base rebate rate. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://nasdaqtrader.com/Trader.aspx?id=PriceListTrading2 Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. New York Stock Exchange NYSE 14.84 0.00 0.55 24.93 0.00 -10 -9.4255 0 0.0000 17008 13.2473 -584 -10.1273 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://www.nyse.com/publicdocs/nyse/markets/nyse/NYSE_Price_List.pdf Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Citadel Securities LLC CDRG 13.94 35.53 36.63 6.04 7.92 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. NYSE Arca ARCA 12.64 0.00 0.54 21.21 0.06 -79 -14.7147 -311 -25.8139 8517 12.4081 -2115 -11.9573 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://www.nyse.com/publicdocs/nyse/markets/nyse-arca/NYSE_Arca_Marketplace_Fees.pdf Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. National Financial Services LLC XSTM 11.50 0.00 0.00 0.00 77.33 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Marketable orders may be routed to FBS' affiliated broker-dealer NFS's Alternative Trading System, CrossStream, for potential execution at the mid-point or better of the National Best Bid and Offer (NBBO). FBS does not get charged an explicit fee or receive payment for order flow for orders executed in CrossStream​. NFS may receive a trading commission from the contra-side party against which the FBS order executed. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. VIRTU Americas, LLC NITE 11.15 29.43 32.22 4.77 4.29 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. G1 Execution Services, LLC ETMM 7.44 23.13 18.51 2.73 0.44 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Cboe EDGX US Equities Exchange EDGX 3.67 0.00 0.01 6.18 0.00 0 0.0000 -58 -30.0000 911206 22.8024 0 0.0000 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the exchange’s “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Non-Marketable Limit orders routed to Cboe EDGX are generally attested as retail, meet the exchange’s definition of “Retail Order, adds liquidity”, and qualify for the base rebate rate. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://www.cboe.com/us/equities/membership/fee_schedule/edgx/ Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Jane Street Capital, LLC JNST 3.13 9.63 7.67 1.25 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Members Exchange MEMX 1.23 0.00 0.01 2.07 0.01 0 0.0000 0 0.0000 323349 26.1323 -5 -10.5836 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Non-Marketable Limit orders routed to MEMX are generally attested as retail, meet the exchange’s definition of “Added displayed volume, Retail order”, and qualify for the base rebate rate. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://info.memxtrading.com/fee-schedule/. Fidelity has an ownership interest in the Members Exchange Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point 99.95 19.20 12.85 51.55 16.40 Citadel Securities LLC CDRG 42.61 54.99 54.33 35.79 48.74 430357 8.9811 393780 8.5764 1424151 37.2093 -120389 -2.1471 FBS, through its affiliated broker-dealer NFS, does not negotiate, set rates for, or solicit payment​ for order flow on option orders. FBS does, however, receive compensation from options exchanges and/or brokers associated with the routing of options order flow. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on ​an exchange and are subject to exchange pricing schedules. Brokers may pass to FBS, through its affiliated broker-dealer NFS, a portion of the compensation they generate via exchange executions. Options orders in some securities, such as index options, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. Wolverine Execution Services LLC WEXX 22.65 3.43 4.63 36.20 0.00 33026 10.5905 43899 12.1911 879375 24.7324 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not negotiate, set rates for, or solicit payment​ for order flow on option orders. FBS does, however, receive compensation from options exchanges and/or brokers associated with the routing of options order flow. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on ​an exchange and are subject to exchange pricing schedules. Brokers may pass to FBS, through its affiliated broker-dealer NFS, a portion of the compensation they generate via exchange executions. Options orders in some securities, such as index options, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. Dash Financial Technologies LLC DASH 16.09 7.75 8.14 20.94 10.92 87929 12.1118 86799 12.6101 665960 31.7057 188222 11.6412 FBS, through its affiliated broker-dealer NFS, does not negotiate, set rates for, or solicit payment​ for order flow on option orders. FBS does, however, receive compensation from options exchanges and/or brokers associated with the routing of options order flow. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on ​an exchange and are subject to exchange pricing schedules. Brokers may pass to FBS, through its affiliated broker-dealer NFS, a portion of the compensation they generate via exchange executions. Options orders in some securities, such as index options, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. In connection with Dash Financial’s handling of retail listed option orders, Dash has arrangements with multiple unaffiliated liquidity providers, including IMC Chicago, designed to facilitate liquidity and price improvement opportunities. Pursuant to these arrangements, Dash routes listed option orders to exchanges and preferences the liquidity providers consistent with exchange sponsored programs. Susquehanna Capital Group SUSQ 14.10 28.80 27.49 2.47 37.25 232298 8.6805 303619 12.4705 77249 24.9700 804966 16.6764 FBS, through its affiliated broker-dealer NFS, does not negotiate, set rates for, or solicit payment​ for order flow on option orders. FBS does, however, receive compensation from options exchanges and/or brokers associated with the routing of options order flow. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on ​an exchange and are subject to exchange pricing schedules. Brokers may pass to FBS, through its affiliated broker-dealer NFS, a portion of the compensation they generate via exchange executions. Options orders in some securities, such as index options, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. Morgan Stanley & Company LLC MSCO 3.40 4.59 4.48 3.66 0.00 73472 17.4719 74449 18.7203 75416 20.0510 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not negotiate, set rates for, or solicit payment​ for order flow on option orders. FBS does, however, receive compensation from options exchanges and/or brokers associated with the routing of options order flow. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on ​an exchange and are subject to exchange pricing schedules. Brokers may pass to FBS, through its affiliated broker-dealer NFS, a portion of the compensation they generate via exchange executions. Options orders in some securities, such as index options, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers 2023 05 96.10 54.19 5.92 35.03 4.86 New York Stock Exchange NYSE 26.90 0.00 1.29 42.09 0.00 -2 -3.8677 0 0.0000 5698 19.6415 0 0.0000 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://www.nyse.com/publicdocs/nyse/markets/nyse/NYSE_Price_List.pdf Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. NASDAQ Execution Services, LLC NSDQ 22.80 0.01 2.25 35.60 0.09 -35 -14.8015 -836 -15.1222 115853 31.4481 0 0.0000 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Non-Marketable Limit orders routed to Nasdaq are generally attested as retail, meet the exchange’s definition of “Rebate to Add Displayed Designated Retail Liquidity”, and qualify for the base rebate rate. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://nasdaqtrader.com/Trader.aspx?id=PriceListTrading2 Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Citadel Securities LLC CDRG 16.05 37.65 42.08 7.67 12.51 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. VIRTU Americas, LLC NITE 11.68 29.75 30.14 5.46 4.75 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. National Financial Services LLC XSTM 7.88 0.00 0.00 0.00 76.64 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Marketable orders may be routed to FBS' affiliated broker-dealer NFS's Alternative Trading System, CrossStream, for potential execution at the mid-point or better of the National Best Bid and Offer (NBBO). FBS does not get charged an explicit fee or receive payment for order flow for orders executed in CrossStream​. NFS may receive a trading commission from the contra-side party against which the FBS order executed. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. G1 Execution Services, LLC ETMM 6.54 18.60 13.70 2.81 0.58 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Jane Street Capital, LLC JNST 3.98 11.41 8.37 1.74 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Cboe EDGX US Equities Exchange EDGX 2.02 0.00 0.02 3.16 0.01 -6 -11.2180 0 0.0000 306187 31.9345 0 0.0000 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the exchange’s “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Non-Marketable Limit orders routed to Cboe EDGX are generally attested as retail, meet the exchange’s definition of “Retail Order, adds liquidity”, and qualify for the base rebate rate. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://www.cboe.com/us/equities/membership/fee_schedule/edgx/ Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Members Exchange MEMX 0.68 0.00 0.02 1.06 0.01 0 0.0000 0 0.0000 106549 33.9426 0 0.0000 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Non-Marketable Limit orders routed to MEMX are generally attested as retail, meet the exchange’s definition of “Added displayed volume, Retail order”, and qualify for the base rebate rate. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://info.memxtrading.com/fee-schedule/. Fidelity has an ownership interest in the Members Exchange Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Two Sigma Securities, LLC SOHO 0.62 1.74 1.16 0.24 0.34 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point 95.67 50.15 9.63 35.23 4.99 Citadel Securities LLC CDRG 15.66 37.73 38.85 7.46 7.95 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. NASDAQ Execution Services, LLC NSDQ 15.55 0.00 0.76 26.59 0.09 -150 -11.0709 -3479 -10.2117 454822 24.2197 0 0.0000 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Non-Marketable Limit orders routed to Nasdaq are generally attested as retail, meet the exchange’s definition of “Rebate to Add Displayed Designated Retail Liquidity”, and qualify for the base rebate rate. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://nasdaqtrader.com/Trader.aspx?id=PriceListTrading2 Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. New York Stock Exchange NYSE 14.13 0.00 0.57 24.18 0.00 -2 -5.6951 0 0.0000 20210 13.8617 -56 -11.0401 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://www.nyse.com/publicdocs/nyse/markets/nyse/NYSE_Price_List.pdf Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. NYSE Arca ARCA 12.00 0.00 0.55 20.54 0.01 -69 -14.4990 -4 -19.8167 9409 14.5435 -643 -11.9839 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://www.nyse.com/publicdocs/nyse/markets/nyse-arca/NYSE_Arca_Marketplace_Fees.pdf Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. VIRTU Americas, LLC NITE 11.99 29.86 33.22 5.51 4.41 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. National Financial Services LLC XSTM 11.74 0.00 0.00 0.00 78.33 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Marketable orders may be routed to FBS' affiliated broker-dealer NFS's Alternative Trading System, CrossStream, for potential execution at the mid-point or better of the National Best Bid and Offer (NBBO). FBS does not get charged an explicit fee or receive payment for order flow for orders executed in CrossStream​. NFS may receive a trading commission from the contra-side party against which the FBS order executed. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. G1 Execution Services, LLC ETMM 6.26 18.58 14.55 2.40 0.46 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Jane Street Capital, LLC JNST 3.78 11.35 8.72 1.48 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Cboe EDGX US Equities Exchange EDGX 3.65 0.00 0.01 6.25 0.00 -1 -9.8859 -3 -30.0000 1169388 25.8825 0 0.0000 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the exchange’s “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Non-Marketable Limit orders routed to Cboe EDGX are generally attested as retail, meet the exchange’s definition of “Retail Order, adds liquidity”, and qualify for the base rebate rate. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://www.cboe.com/us/equities/membership/fee_schedule/edgx/ Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Members Exchange MEMX 1.22 0.00 0.02 2.09 0.00 -1 -5.6385 -1 -22.2871 409842 28.3486 -2 -15.0515 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Non-Marketable Limit orders routed to MEMX are generally attested as retail, meet the exchange’s definition of “Added displayed volume, Retail order”, and qualify for the base rebate rate. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://info.memxtrading.com/fee-schedule/. Fidelity has an ownership interest in the Members Exchange Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point 99.95 19.78 12.82 51.10 16.29 Citadel Securities LLC CDRG 44.06 55.59 54.95 37.70 48.78 577239 9.3060 503026 8.8007 1890919 37.2935 -98077 -1.4280 FBS, through its affiliated broker-dealer NFS, does not negotiate, set rates for, or solicit payment​ for order flow on option orders. FBS does, however, receive compensation from options exchanges and/or brokers associated with the routing of options order flow. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on ​an exchange and are subject to exchange pricing schedules. Brokers may pass to FBS, through its affiliated broker-dealer NFS, a portion of the compensation they generate via exchange executions. Options orders in some securities, such as index options, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. Wolverine Execution Services LLC WEXX 20.54 3.31 4.43 33.14 0.00 42684 10.8439 53656 12.4600 1015803 24.7460 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not negotiate, set rates for, or solicit payment​ for order flow on option orders. FBS does, however, receive compensation from options exchanges and/or brokers associated with the routing of options order flow. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on ​an exchange and are subject to exchange pricing schedules. Brokers may pass to FBS, through its affiliated broker-dealer NFS, a portion of the compensation they generate via exchange executions. Options orders in some securities, such as index options, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. Dash Financial Technologies LLC DASH 16.06 5.91 6.52 21.86 10.99 85659 11.9935 85116 12.7035 865520 31.4636 235447 11.4670 FBS, through its affiliated broker-dealer NFS, does not negotiate, set rates for, or solicit payment​ for order flow on option orders. FBS does, however, receive compensation from options exchanges and/or brokers associated with the routing of options order flow. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on ​an exchange and are subject to exchange pricing schedules. Brokers may pass to FBS, through its affiliated broker-dealer NFS, a portion of the compensation they generate via exchange executions. Options orders in some securities, such as index options, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. In connection with Dash Financial’s handling of retail listed option orders, Dash has arrangements with multiple unaffiliated liquidity providers, including IMC Chicago, designed to facilitate liquidity and price improvement opportunities. Pursuant to these arrangements, Dash routes listed option orders to exchanges and preferences the liquidity providers consistent with exchange sponsored programs. Susquehanna Capital Group SUSQ 14.78 29.97 28.39 2.86 36.91 301331 8.5616 392880 12.4897 134181 27.9986 996916 17.6850 FBS, through its affiliated broker-dealer NFS, does not negotiate, set rates for, or solicit payment​ for order flow on option orders. FBS does, however, receive compensation from options exchanges and/or brokers associated with the routing of options order flow. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on ​an exchange and are subject to exchange pricing schedules. Brokers may pass to FBS, through its affiliated broker-dealer NFS, a portion of the compensation they generate via exchange executions. Options orders in some securities, such as index options, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. Morgan Stanley & Company LLC MSCO 3.45 4.82 4.65 3.63 0.00 100781 17.5855 94162 18.6070 95763 19.7122 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not negotiate, set rates for, or solicit payment​ for order flow on option orders. FBS does, however, receive compensation from options exchanges and/or brokers associated with the routing of options order flow. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on ​an exchange and are subject to exchange pricing schedules. Brokers may pass to FBS, through its affiliated broker-dealer NFS, a portion of the compensation they generate via exchange executions. Options orders in some securities, such as index options, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers 2023 06 96.85 55.27 5.91 34.06 4.76 New York Stock Exchange NYSE 26.70 0.00 1.24 43.01 0.00 -8 -3.1961 0 0.0000 6209 18.9534 -2136 -10.0000 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://www.nyse.com/publicdocs/nyse/markets/nyse/NYSE_Price_List.pdf Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. NASDAQ Execution Services, LLC NSDQ 21.34 0.01 2.52 34.30 0.00 -125 -14.5138 -898 -15.1228 120389 31.8743 0 0.0000 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Non-Marketable Limit orders routed to Nasdaq are generally attested as retail, meet the exchange’s definition of “Rebate to Add Displayed Designated Retail Liquidity”, and qualify for the base rebate rate. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://nasdaqtrader.com/Trader.aspx?id=PriceListTrading2 Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Citadel Securities LLC CDRG 17.39 40.18 43.35 7.90 13.57 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. VIRTU Americas, LLC NITE 10.82 26.43 27.26 4.91 5.10 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. National Financial Services LLC XSTM 8.27 0.00 0.00 0.00 76.99 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Marketable orders may be routed to FBS' affiliated broker-dealer NFS's Alternative Trading System, CrossStream, for potential execution at the mid-point or better of the National Best Bid and Offer (NBBO). FBS does not get charged an explicit fee or receive payment for order flow for orders executed in CrossStream​. NFS may receive a trading commission from the contra-side party against which the FBS order executed. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. G1 Execution Services, LLC ETMM 6.32 17.23 12.89 2.69 0.70 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Jane Street Capital, LLC JNST 5.06 13.98 10.51 2.17 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Cboe EDGX US Equities Exchange EDGX 2.15 0.00 0.01 3.46 0.00 -6 -2.7091 0 0.0000 302270 31.9205 0 0.0000 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the exchange’s “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Non-Marketable Limit orders routed to Cboe EDGX are generally attested as retail, meet the exchange’s definition of “Retail Order, adds liquidity”, and qualify for the base rebate rate. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://www.cboe.com/us/equities/membership/fee_schedule/edgx/ Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Members Exchange MEMX 0.72 0.00 0.01 1.16 0.00 0 0.0000 0 0.0000 102789 33.9208 0 0.0000 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Non-Marketable Limit orders routed to MEMX are generally attested as retail, meet the exchange’s definition of “Added displayed volume, Retail order”, and qualify for the base rebate rate. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://info.memxtrading.com/fee-schedule/. Fidelity has an ownership interest in the Members Exchange Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Two Sigma Securities, LLC SOHO 0.58 1.52 1.12 0.24 0.31 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point 95.95 51.40 9.44 34.47 4.69 Citadel Securities LLC CDRG 16.23 40.29 40.74 7.04 7.99 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. NASDAQ Execution Services, LLC NSDQ 15.65 0.00 0.87 27.13 0.13 -96 -13.1307 -2633 -9.4929 457436 23.1974 -2 -2.0000 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Non-Marketable Limit orders routed to Nasdaq are generally attested as retail, meet the exchange’s definition of “Rebate to Add Displayed Designated Retail Liquidity”, and qualify for the base rebate rate. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://nasdaqtrader.com/Trader.aspx?id=PriceListTrading2 Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. New York Stock Exchange NYSE 14.43 0.00 0.49 25.06 0.00 -9 -7.8298 0 0.0000 24291 13.8518 -2 -30.0000 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://www.nyse.com/publicdocs/nyse/markets/nyse/NYSE_Price_List.pdf Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. National Financial Services LLC XSTM 11.93 0.00 0.00 0.00 77.54 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Marketable orders may be routed to FBS' affiliated broker-dealer NFS's Alternative Trading System, CrossStream, for potential execution at the mid-point or better of the National Best Bid and Offer (NBBO). FBS does not get charged an explicit fee or receive payment for order flow for orders executed in CrossStream​. NFS may receive a trading commission from the contra-side party against which the FBS order executed. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. NYSE Arca ARCA 11.45 0.00 0.47 19.87 0.09 -52 -13.8776 0 0.0000 7206 9.6377 -806 -12.2127 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://www.nyse.com/publicdocs/nyse/markets/nyse-arca/NYSE_Arca_Marketplace_Fees.pdf Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. VIRTU Americas, LLC NITE 10.81 26.48 29.82 4.79 4.73 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. G1 Execution Services, LLC ETMM 5.86 17.06 13.65 2.25 0.54 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Jane Street Capital, LLC JNST 4.72 14.00 11.20 1.80 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not receive payment for order flow ​or have a profit-sharing arrangement related to any order flow routed to wholesale market-makers, including marketable equity orders (i.e. market and marketable limit orders), non-marketable limit orders, all-or-none (AON) orders, stop orders, and other special order types. FBS orders generally meet the exchange definitions of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the Cboe EDGX exchange “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Cboe EDGX US Equities Exchange EDGX 3.71 0.00 0.02 6.46 0.00 0 0.0000 0 0.0000 1168790 25.6906 0 0.0000 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. In addition, some FBS orders may qualify for participation in the exchange’s “retail priority” program, and as such FBS, through its affiliated broker-dealer NFS, attests that those orders are eligible for order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Non-Marketable Limit orders routed to Cboe EDGX are generally attested as retail, meet the exchange’s definition of “Retail Order, adds liquidity”, and qualify for the base rebate rate. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://www.cboe.com/us/equities/membership/fee_schedule/edgx/ Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point. Members Exchange MEMX 1.25 0.00 0.02 2.17 0.00 0 0.0000 0 0.0000 405934 27.4442 -2 -22.0000 FBS, through its affiliated broker-dealer NFS, may incur fees or receive rebates for orders executed on specific equities exchanges. FBS orders generally meet the exchange’s definition of retail, and as such FBS, through its affiliated broker-dealer NFS, attests that its retail order flow is eligible for any exchange economics or order handling associated with that designation. Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Non-Marketable Limit orders routed to MEMX are generally attested as retail, meet the exchange’s definition of “Added displayed volume, Retail order”, and qualify for the base rebate rate. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://info.memxtrading.com/fee-schedule/. Fidelity has an ownership interest in the Members Exchange Orders to each venue are categorized as “market”, “marketable limit”, “non-marketable limit” or “other” based on market conditions and the parameters of the order that NFS routes to that venue. Orders categorized as “Other” may include special order types (e.g. stop orders, All or None, etc.) or orders that NFS routes as mid-point 99.93 20.14 12.81 50.97 16.07 Citadel Securities LLC CDRG 46.51 54.85 54.18 41.31 52.19 579762 9.0682 516395 8.5035 2142932 36.7342 -15044 -0.1989 FBS, through its affiliated broker-dealer NFS, does not negotiate, set rates for, or solicit payment​ for order flow on option orders. FBS does, however, receive compensation from options exchanges and/or brokers associated with the routing of options order flow. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on ​an exchange and are subject to exchange pricing schedules. Brokers may pass to FBS, through its affiliated broker-dealer NFS, a portion of the compensation they generate via exchange executions. Options orders in some securities, such as index options, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. Wolverine Execution Services LLC WEXX 18.54 1.90 3.01 30.63 0.00 25011 10.7977 39420 12.7579 991736 24.7221 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not negotiate, set rates for, or solicit payment​ for order flow on option orders. FBS does, however, receive compensation from options exchanges and/or brokers associated with the routing of options order flow. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on ​an exchange and are subject to exchange pricing schedules. Brokers may pass to FBS, through its affiliated broker-dealer NFS, a portion of the compensation they generate via exchange executions. Options orders in some securities, such as index options, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. Dash Financial Technologies LLC DASH 15.97 5.63 6.17 20.82 16.01 84536 11.9881 87550 12.7013 851818 31.4427 339822 11.5795 FBS, through its affiliated broker-dealer NFS, does not negotiate, set rates for, or solicit payment​ for order flow on option orders. FBS does, however, receive compensation from options exchanges and/or brokers associated with the routing of options order flow. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on ​an exchange and are subject to exchange pricing schedules. Brokers may pass to FBS, through its affiliated broker-dealer NFS, a portion of the compensation they generate via exchange executions. Options orders in some securities, such as index options, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. In connection with Dash Financial’s handling of retail listed option orders, Dash has arrangements with multiple unaffiliated liquidity providers, including IMC Chicago, designed to facilitate liquidity and price improvement opportunities. Pursuant to these arrangements, Dash routes listed option orders to exchanges and preferences the liquidity providers consistent with exchange sponsored programs. Susquehanna Capital Group SUSQ 14.25 32.11 30.54 2.65 28.55 289991 7.3685 406258 11.3766 114721 24.6309 754211 17.1445 FBS, through its affiliated broker-dealer NFS, does not negotiate, set rates for, or solicit payment​ for order flow on option orders. FBS does, however, receive compensation from options exchanges and/or brokers associated with the routing of options order flow. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on ​an exchange and are subject to exchange pricing schedules. Brokers may pass to FBS, through its affiliated broker-dealer NFS, a portion of the compensation they generate via exchange executions. Options orders in some securities, such as index options, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. Morgan Stanley & Company LLC MSCO 3.56 5.10 4.92 3.69 0.00 111202 17.4689 104568 18.0942 97980 19.0537 0 0.0000 FBS, through its affiliated broker-dealer NFS, does not negotiate, set rates for, or solicit payment​ for order flow on option orders. FBS does, however, receive compensation from options exchanges and/or brokers associated with the routing of options order flow. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on ​an exchange and are subject to exchange pricing schedules. Brokers may pass to FBS, through its affiliated broker-dealer NFS, a portion of the compensation they generate via exchange executions. Options orders in some securities, such as index options, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers.