SEC Rule 606 formerly Rule 11Ac1-6
World Trade Financial Corporation has prepared the following reports pursuant to a U.S. Securities and Exchange Commission rule requiring all brokerage firms to make publicly available quarterly reports on their order routing practices. The report provides information on the routing of “non-directed orders” – any order that the customer has not specifically instructed to be routed to a particular venue for execution. For these non-directed orders, World Trade Financial Corporation has selected the execution venue on behalf of its customers.
The report is divided into three sections: one for securities listed on the New York Stock Exchange, one for securities listed the The Nasdaq Stock Market, and one for securities listed on the American Stock Exchange or regional exchanges. For each section, this report identifies the venue most often selected by World Trade Financial Corporation, set forth the percentage of various types of orders routed to the venues, and discusses the material aspects of World Trade Financial Corporation’s relationship with the venues.
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