1.3 Lightspeed Financial Services Group LLC 2026 1 2026-04-28T17:31:12Z 2026 01 1.02 30.15 18.63 27.08 24.14 Hudson River Trading (HRT) 24.51 23.58 25.66 25.34 23.86 9.96 10.0000 13.35 10.0000 15.44 14.8676 7.72 11.5087 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. CITADEL SECURITIES LLC 22.92 16.67 17.11 36.20 20.30 8.09 10.0000 8.86 10.0000 12.29 15.0000 7.21 11.4668 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. GTS SECURITIES LLC 19.36 20.73 20.39 16.74 19.80 9.71 10.0000 20.28 10.2527 12.60 14.9756 6.97 11.3514 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. Jane Street Capital 12.38 14.23 12.50 9.95 12.69 11.40 10.0000 4.98 10.0000 2.63 15.0000 5.71 10.6216 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. Virtu Americas, LLC 12.25 13.41 9.21 11.76 13.71 7.06 10.0000 5.46 10.0000 8.17 15.0000 4.20 11.0341 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. G1 Execution Services, LLC 5.15 6.91 9.21 0.00 5.58 3.72 10.0000 6.10 10.0000 0.00 0.0000 0.93 10.0000 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. 0.32 24.06 23.78 27.23 24.93 Hudson River Trading (HRT) 22.55 20.36 21.21 27.25 20.81 25.30 9.3016 121.27 9.0655 244.55 12.2791 48.67 11.1019 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. CITADEL SECURITIES LLC 22.55 18.86 15.45 31.22 23.41 25.59 9.6240 62.07 6.5151 234.90 13.1156 61.04 12.6323 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. GTS SECURITIES LLC 19.81 19.46 23.33 19.84 16.76 23.79 8.9807 94.12 5.8652 213.72 14.5488 62.35 11.9911 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. Jane Street Capital 13.40 13.47 13.33 10.85 16.18 12.71 9.6216 95.76 7.9297 81.06 11.9135 40.07 10.3333 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. Virtu Americas, LLC 12.46 13.77 14.85 10.58 10.98 21.02 8.2366 87.43 9.1139 128.64 14.1736 29.14 11.3055 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. G1 Execution Services, LLC 5.84 8.98 9.09 0.26 5.78 8.20 10.0000 74.85 7.2074 1.00 10.0000 9.73 10.0000 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. 88.80 8.32 12.79 48.47 30.43 Wolverine Execution Services, LLC 46.61 77.38 80.28 61.68 0.05 11739.95 15.0698 64613.33 29.6101 58922.10 33.8637 1476.80 14.2976 Lightspeed received payment for order flow which averaged $0.23 per contract for the entire quarter. Per the agreement, 100% of rebate/take fees that Lightspeed is credited/charged are passed through to Wolverine Execution Services. Dash/IMC Financial Markets 29.11 22.45 7.41 8.27 73.25 -3919.92 -20.1964 -2416.78 -8.9937 822.96 10.5861 15568.24 28.6903 Per the agreement with this venue, Lightspeed receives 50% of the PFOF attributable to the executed activity. Threre is no incentive to route in certain sizes or tiers. Lightspeed is assesed a fee of $0.05 per executed contract and pays exchange, regulatory and clearing fees. Lightspeed will receive exchange rebates where applicable. In this quarter, Lightspeed received an average of 0.11 per contract. Bank Of America - Merrill Lynch Instinct X Ats 24.28 0.17 12.31 30.05 26.70 15.11 14.6699 -112306.61 -17.0568 83091.60 25.2474 8970.55 32.3391 Lightspeed recieved an average of $0.10 per contract for the entire quarter. Per our agreement, all exchange fees are passed through to Lightspeed. Lightspeed also pays an exeuction commission of $0.12 per contract to Bank of America. If applicable, the rebate on Non-Penny option classes is $0.52 per contract and the rebate on Penny option classes is $0.125 per contract. The rebates will ONLY apply if ML receives payment for order flow pool under an exchange's sponsored payemnt for order flow program. 2026 02 1.01 25.89 13.80 35.29 25.03 CITADEL SECURITIES LLC 22.95 15.57 22.12 28.37 23.41 5.23 10.0000 6.59 10.1190 7.94 15.0000 6.46 12.9583 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. GTS SECURITIES LLC 21.49 23.11 24.78 23.18 15.61 5.86 10.0000 6.74 10.0974 18.98 14.9842 2.91 12.5453 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. Hudson River Trading (HRT) 19.78 14.62 14.16 25.26 20.49 5.60 10.0000 2.84 10.0000 11.74 15.0000 5.82 13.0507 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. Virtu Americas, LLC 14.53 15.09 13.27 13.49 16.10 2.57 10.0000 4.18 10.0000 4.82 15.0000 7.59 11.7181 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. Jane Street Capital 13.92 17.45 15.04 9.69 15.61 3.26 10.0000 3.72 10.0000 4.99 15.0000 3.74 11.3295 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. G1 Execution Services, LLC 5.25 9.91 7.08 0.00 6.83 0.96 10.0000 1.70 10.0000 0.00 0.0000 0.97 10.0000 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. 0.33 33.30 26.55 22.74 17.41 GTS SECURITIES LLC 20.93 22.29 20.43 20.08 20.22 49.20 9.7969 40.05 2.6181 71.99 9.5445 6.29 6.1358 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. CITADEL SECURITIES LLC 18.55 15.71 13.62 30.54 15.85 46.87 9.4936 40.12 4.8155 61.35 5.7661 10.89 7.6046 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. Hudson River Trading (HRT) 18.46 14.57 12.90 31.38 17.49 53.11 9.4485 43.16 3.4393 72.77 4.5962 9.35 8.2427 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. Jane Street Capital 15.60 16.29 20.79 9.62 14.21 80.74 9.6973 99.52 5.5522 32.37 7.1066 3.44 3.5205 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. Virtu Americas, LLC 12.94 13.43 13.98 7.95 16.94 35.35 9.7249 51.12 5.7842 43.04 12.3345 18.24 8.2280 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. G1 Execution Services, LLC 8.94 12.00 12.19 0.42 9.29 42.57 9.3417 37.32 5.0695 2.00 10.0000 4.26 10.0000 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. 85.31 11.27 13.76 45.59 29.38 Wolverine Execution Services, LLC 47.74 81.42 81.86 59.82 0.07 14880.63 12.7902 64445.68 26.0474 52201.12 31.3402 1287.91 16.6936 Lightspeed received payment for order flow which averaged $0.23 per contract for the entire quarter. Per the agreement, 100% of rebate/take fees that Lightspeed is credited/charged are passed through to Wolverine Execution Services. Dash/IMC Financial Markets 33.77 18.50 10.49 10.37 86.85 87.48 10.8539 90.24 7.4213 40.41 17.7248 19803.72 24.1144 Per the agreement with this venue, Lightspeed receives 50% of the PFOF attributable to the executed activity. Threre is no incentive to route in certain sizes or tiers. Lightspeed is assesed a fee of $0.05 per executed contract and pays exchange, regulatory and clearing fees. Lightspeed will receive exchange rebates where applicable. In this quarter, Lightspeed received an average of 0.11 per contract. Bank Of America - Merrill Lynch Instinct X Ats 18.49 0.08 7.65 29.81 13.08 24.25 24.2500 -123673.72 -20.5892 48862.04 19.7186 7234.67 22.7813 Lightspeed recieved an average of $0.10 per contract for the entire quarter. Per our agreement, all exchange fees are passed through to Lightspeed. Lightspeed also pays an exeuction commission of $0.12 per contract to Bank of America. If applicable, the rebate on Non-Penny option classes is $0.52 per contract and the rebate on Penny option classes is $0.125 per contract. The rebates will ONLY apply if ML receives payment for order flow pool under an exchange's sponsored payemnt for order flow program. 2026 03 0.75 19.22 17.26 40.39 23.13 Hudson River Trading (HRT) 24.56 16.67 26.80 26.87 25.38 2.04 10.0000 6.78 10.0000 13.03 15.0000 11.53 11.1262 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. CITADEL SECURITIES LLC 22.60 16.67 13.40 28.63 23.85 1.22 10.0000 2.01 10.0000 11.07 15.0000 8.40 12.9039 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. GTS SECURITIES LLC 20.28 21.30 19.59 20.26 20.00 2.48 10.0000 4.55 10.0000 9.61 15.0000 11.34 11.0310 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. Virtu Americas, LLC 16.19 16.67 18.56 15.42 15.38 1.48 10.0000 4.62 10.0000 8.20 15.0000 3.59 12.2860 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. Jane Street Capital 9.79 12.96 9.28 8.81 9.23 2.43 10.0000 2.76 10.0000 3.65 15.0000 1.95 14.1492 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. 1.07 13.21 9.34 58.07 19.38 Hudson River Trading (HRT) 30.48 21.72 17.97 32.96 35.06 91.42 9.3841 123.24 6.8350 487.77 13.8914 250.28 13.6607 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. CITADEL SECURITIES LLC 23.55 19.88 19.13 25.59 22.07 96.03 9.4583 115.00 6.9174 533.68 13.0488 272.65 13.1188 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. GTS SECURITIES LLC 19.55 17.62 18.84 20.00 19.83 172.35 9.5937 158.56 8.3947 344.47 13.4208 231.67 13.5057 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. Virtu Americas, LLC 14.35 15.98 14.78 14.13 13.69 84.08 8.3874 158.29 7.3805 244.49 12.7322 160.86 11.4054 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. Jane Street Capital 8.58 11.89 14.78 7.32 7.12 78.04 10.0000 191.27 7.3630 167.76 13.4380 66.82 12.3657 Lightspeed routes non-directed orders from its platform to Apex Clearing Corporation ("Apex") who receives payment for order flow as detailed in their report. Lightspeed receives a portion of that payment (50%) from Apex. Payment varies based upon several factors including, but not limited to, whether an order is marketable at the time of the order entry, the underlying price of the security, and any special handling instructions. These payments were not contingent upon volume based tiered payment schedules, agreements regarding minimum order flow, incentives for exceeding thresholds, or disincentives for not meeting order flow thresholds. 89.48 11.07 12.42 45.36 31.15 Wolverine Execution Services, LLC 50.56 96.46 83.62 64.42 0.88 21130.17 14.3975 77566.69 27.4676 66668.70 34.4981 1020.57 14.6549 Lightspeed received payment for order flow which averaged $0.23 per contract for the entire quarter. Per the agreement, 100% of rebate/take fees that Lightspeed is credited/charged are passed through to Wolverine Execution Services. Dash/IMC Financial Markets 27.62 3.20 2.04 1.43 84.64 24.03 3.1047 52.97 3.2535 284.24 29.8883 23138.96 24.7908 Per the agreement with this venue, Lightspeed receives 50% of the PFOF attributable to the executed activity. Threre is no incentive to route in certain sizes or tiers. Lightspeed is assesed a fee of $0.05 per executed contract and pays exchange, regulatory and clearing fees. Lightspeed will receive exchange rebates where applicable. In this quarter, Lightspeed received an average of 0.11 per contract. Bank Of America - Merrill Lynch Instinct X Ats 21.82 0.34 14.34 34.15 14.49 0.00 0.0000 -151686.29 -22.8313 31651.59 10.5880 15159.69 32.6767 Lightspeed recieved an average of $0.10 per contract for the entire quarter. Per our agreement, all exchange fees are passed through to Lightspeed. Lightspeed also pays an exeuction commission of $0.12 per contract to Bank of America. If applicable, the rebate on Non-Penny option classes is $0.52 per contract and the rebate on Penny option classes is $0.125 per contract. The rebates will ONLY apply if ML receives payment for order flow pool under an exchange's sponsored payemnt for order flow program.