1.2 RQD* Clearing LLC 2026 2 2026-07-31T10:42:00Z 2026 4 100.00 57.13 7.89 31.61 3.37 Virtu Americas LLC NITE 16.16 18.30 11.96 13.79 11.91 1018.15 18.6841 258.73 19.6816 546.52 31.0656 1.62 0.1557 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Virtu Americas LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share and execution quantity is equal to or greater than one share. B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share and execution quantity is equal to or greater than one share. C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 a rebate of .0015 notional amount of the trade (15 basis points) and execution quantity is equal to or greater than one share. D. US listed Security (NMS) marketable (remove liquidity) orders executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) and execution quantity is equal to or greater than one share. E. US listed (NMS) securities executions less than one share are executed without a rebate and without a cost to RQD Clearing LLC. F. Extended hours orders routed to Virtu and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms. There is a potential conflict inherent to a market maker such as Virtu Americans LLC both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly from such anticipated profit a market maker such as Virtu Americas LLC can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market maker’s (such as Virtu’s) anticipated profit must be allocated among these three sub-categories such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Virtu Americas LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Virtu Americas LLC. Two Sigma Securities LLC SOHO 10.40 9.28 9.22 13.82 0.00 1419.25 20.0000 425.10 20.0000 1661.73 31.9273 0.00 0.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Two Sigma Securities LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share and execution quantity is equal to or greater than one share. B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share and execution quantity is equal to or greater than one share. C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 a rebate of .0015 notional amount of the trade (15 basis points) and execution quantity is equal to or greater than one share. D. US listed Security (NMS) marketable (remove liquidity) orders executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) and execution quantity is equal to or greater than one share. E. US listed (NMS) securities executions less than one share are executed without a rebate and without a cost to RQD Clearing LLC. F. Extended hours orders routed to Two Sigma and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms. There is a potential conflict inherent to a market maker such as Two Sigma Securities LLC both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly from such anticipated profit a market maker such as Two Sigma Securities LLC can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market maker’s (such as Two Sigma’s) anticipated profit must be allocated among these three sub-categories such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Two Sigma Securities LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Two Sigma Securities LLC. Jane Street Capital LLC JNST 6.97 2.70 10.66 11.62 27.15 314.51 20.0000 114.37 7.0478 437.82 13.6232 1.62 26.5532 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Jane Street Capital LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 rebate of .0015 notional amount of the trade (15 basis points) D. US listed Security (NMS) marketable (remove liquidity) order executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) F. Extended hours orders routed to Jane Street Capital, LLC and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms. There is a potential conflict inherent to a market maker such as Jane Street both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly, from such anticipated profit a market maker such as Jane Street can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market makers (such as Jane Street) anticipated profit must be allocated among these three sub-categories such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Jane Street Capital, LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Jane Street Capital, LLC. Citadel Securities LLC CDRG 57.59 65.50 56.02 46.75 28.74 3829.59 20.0333 484.05 8.7583 2321.53 17.6629 1.49 32.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Citadel Securities LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share and execution quantity is equal to or greater than one share. B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share and execution quantity is equal to or greater than one share. C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 a rebate of .0015 notional amount of the trade (15 basis points) and execution quantity is equal to or greater than one share. D. US listed Security (NMS) marketable (remove liquidity) orders executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) and execution quantity is equal to or greater than one share. E. US listed (NMS) securities executions less than one share are executed without a rebate and without a cost to RQD Clearing LLC. F. For extended hours eligible orders routed to Citadel and executed between 04:00 and 06:59 ET, RQD Clearing LLC pays Citadel a commission of 2 mils per share, together with all maker/taker fees and credits on a pass-through basis. Extended hours eligible orders executed between 07:00 and 09:29 ET, or between 16:00 and 20:00 ET, neither receive payment nor incur a charge. Orders marked extended hours eligible that execute during the core session (09:30–16:00 ET) are subject to the standard payment terms. There is a potential conflict inherent to a market maker such as Citadel Securities LLC both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly from such anticipated profit a market maker such as Citadel Securities LLC can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market maker’s (such as Citadel’s) anticipated profit must be allocated among these three sub-categories such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Citadel Securities LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Citadel Securities LLC. LAMPOST CAPITAL LC LAMP 8.88 4.22 12.14 14.02 32.20 529.28 20.0000 282.52 13.2077 862.23 16.1222 5.86 29.1761 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. LAMPOST CAPITAL L.C. paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 rebate of .0015 notional amount of the trade (15 basis points) D. US listed Security (NMS) marketable (remove liquidity) order executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) F. Extended hours orders routed to LAMPOST CAPITAL L.C. and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms. There is a potential conflict inherent to a Firm such as LAMPOST CAPITAL L.C. both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing, LLC customer orders. Accordingly from such anticipated profit a Firm such as LAMPOST can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. Firms (such as LAMPOST CAPITAL) anticipated profit must be allocated among these three sub-categories, such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and LAMPOST CAPITAL L.C. do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to LAMPOST CAPITAL L.C. LAMPOST CAPITAL L.C. is a clearing client of RQD* Clearing, LLC 100.00 26.64 20.53 48.59 4.24 Virtu Americas LLC NITE 9.23 12.23 7.18 8.23 11.69 68220.50 19.8979 57049.81 5.4219 77225.61 10.0547 0.00 0.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Virtu Americas LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share and execution quantity is equal to or greater than one share. B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share and execution quantity is equal to or greater than one share. C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 a rebate of .0015 notional amount of the trade (15 basis points) and execution quantity is equal to or greater than one share. D. US listed Security (NMS) marketable (remove liquidity) orders executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) and execution quantity is equal to or greater than one share. E. US listed (NMS) securities executions less than one share are executed without a rebate and without a cost to RQD Clearing LLC. F. Extended hours orders routed to Virtu and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms. There is a potential conflict inherent to a market maker such as Virtu Americans LLC both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly from such anticipated profit a market maker such as Virtu Americas LLC can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market maker’s (such as Virtu’s) anticipated profit must be allocated among these three sub-categories such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Virtu Americas LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Virtu Americas LLC. Two Sigma Securities LLC SOHO 16.87 19.44 15.32 17.59 0.11 58551.17 19.9362 44437.72 8.8523 86525.58 17.3095 0.00 0.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Two Sigma Securities LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share and execution quantity is equal to or greater than one share. B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share and execution quantity is equal to or greater than one share. C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 a rebate of .0015 notional amount of the trade (15 basis points) and execution quantity is equal to or greater than one share. D. US listed Security (NMS) marketable (remove liquidity) orders executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) and execution quantity is equal to or greater than one share. E. US listed (NMS) securities executions less than one share are executed without a rebate and without a cost to RQD Clearing LLC. F. Extended hours orders routed to Two Sigma and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms. There is a potential conflict inherent to a market maker such as Two Sigma Securities LLC both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly from such anticipated profit a market maker such as Two Sigma Securities LLC can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market maker’s (such as Two Sigma’s) anticipated profit must be allocated among these three sub-categories such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Two Sigma Securities LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Two Sigma Securities LLC. Jane Street Capital LLC JNST 10.88 5.25 11.34 12.31 27.65 16684.79 19.9042 15512.99 3.8004 27478.01 8.0743 1.52 32.0000 RQD* Clearing, LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Jane Street Capital LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 rebate of .0015 notional amount of the trade (15 basis points) D. US listed Security (NMS) marketable (remove liquidity) order executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) F. Extended hours orders routed to Jane Street Capital, LLC and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms There is a potential conflict inherent to a market maker such as Jane Street both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing, LLC customer orders. Accordingly from such anticipated profit a market maker such as Jane Street can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market makers (such as Jane Street) anticipated profit must be allocated among these three sub-categories, such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Jane Street Capital, LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Jane Street Capital, LLC. Citadel Securities LLC CDRG 49.55 55.56 52.42 46.78 29.71 172693.46 19.9615 55047.23 3.1916 161668.75 9.9901 4.00 20.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Citadel Securities LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share and execution quantity is equal to or greater than one share. B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share and execution quantity is equal to or greater than one share. C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 a rebate of .0015 notional amount of the trade (15 basis points) and execution quantity is equal to or greater than one share. D. US listed Security (NMS) marketable (remove liquidity) orders executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) and execution quantity is equal to or greater than one share. E. US listed (NMS) securities executions less than one share are executed without a rebate and without a cost to RQD Clearing LLC. F. For extended hours eligible orders routed to Citadel and executed between 04:00 and 06:59 ET, RQD Clearing LLC pays Citadel a commission of 2 mils per share, together with all maker/taker fees and credits on a pass-through basis. Extended hours eligible orders executed between 07:00 and 09:29 ET, or between 16:00 and 20:00 ET, neither receive payment nor incur a charge. Orders marked extended hours eligible that execute during the core session (09:30–16:00 ET) are subject to the standard payment terms. There is a potential conflict inherent to a market maker such as Citadel Securities LLC both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly from such anticipated profit a market maker such as Citadel Securities LLC can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market maker’s (such as Citadel’s) anticipated profit must be allocated among these three sub-categories such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Citadel Securities LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Citadel Securities LLC. LAMPOST CAPITAL LC LAMP 13.47 7.52 13.74 15.09 30.84 54407.71 19.9216 65948.22 5.8242 93589.32 9.0037 1.02 20.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. LAMPOST CAPITAL L.C. paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 rebate of .0015 notional amount of the trade (15 basis points) D. US listed Security (NMS) marketable (remove liquidity) order executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) F. Extended hours orders routed to LAMPOST CAPITAL L.C. and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms. There is a potential conflict inherent to a Firm such as LAMPOST CAPITAL L.C. both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing, LLC customer orders. Accordingly from such anticipated profit a Firm such as LAMPOST can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. Firms (such as LAMPOST CAPITAL) anticipated profit must be allocated among these three sub-categories, such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and LAMPOST CAPITAL L.C. do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to LAMPOST CAPITAL L.C. LAMPOST CAPITAL L.C. is a clearing client of RQD* Clearing, LLC 100.00 1.88 5.14 52.30 40.68 Jane Street Capital LLC JNST 27.98 27.45 29.03 27.59 28.37 326.34 35.8614 339.11 43.8699 867.70 42.9979 -394.50 -22.1131 RQD* Clearing LLC routes customer orders in NMS securities that are options contracts to Jane Street Capital, LLC (JNST) to facilitate the execution and price improvement of client orders. Non-exchange third-party market centers compete for orders based on execution quality. There is a potential conflict inherent to a market maker such as Jane Street Capital, LLC both paying for order flow and providing price improvement, as the potential source of funds for each is the same, namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC orders. Jane Street Capital, LLC generates revenue from executing or facilitating the execution of RQD* Clearing LLC customer orders. In exchange for such routing, RQD* Clearing LLC receives payment from Jane Street Capital, LLC (i.e., payment for order flow) in the amounts outlined in the above report and detailed below. RQD* Clearing LLC's payment for order flow rate for options is reset monthly and applies to both single-leg and complex (multi-leg) orders, and to both marketable and non-marketable orders, as follows: A. Index options: no per-contract payment is received. Exchange fees are passed back to RQD* Clearing LLC. B. SPY options: a flat $0.125 per executed contract. C. All other options: a base rebate of $0.06 per executed contract, plus 9% of spread dollars, capped at $0.75 per executed contract. Spread dollars are calculated as the average quoted spread multiplied by the 100-contract multiplier. The average quoted spread is calculated by RQD* Clearing LLC across all marketable single leg options orders, excluding single-listed options, for the prior calendar month, and is provided by RQD* Clearing LLC to each market center at the start of the month. For the month of April 2026 this rate was 0.4533 per contract. No rebate is paid to RQD* Clearing LLC on sub-penny option contracts. Furthermore, RQD* Clearing LLC and Jane Street Capital, LLC do not have any arrangements: A. that require RQD* Clearing LLC to meet specific volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds. B. that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds. C. for volume-based tiered payment schedules; or D. that require RQD* Clearing LLC to route any orders or a minimum number of orders to Jane Street Capital, LLC. Dash/IMC Financial Markets DFIN 17.41 11.76 15.05 14.04 22.31 -19.08 -36.7090 42.28 44.9807 43.66 28.3527 -256.22 -39.1786 RQD* Clearing LLC routes customer orders in NMS securities that are options contracts to Dash/IMC Financial Markets (DFIN) to facilitate the execution and price improvement of client orders. Non-exchange third-party market centers compete for orders based on execution quality. There is a potential conflict inherent to a market maker such as Dash/IMC Financial Markets both paying for order flow and providing price improvement, as the potential source of funds for each is the same, namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC orders. Dash/IMC Financial Markets generates revenue from executing or facilitating the execution of RQD* Clearing LLC customer orders. In exchange for such routing, RQD* Clearing LLC receives payment from Dash/IMC Financial Markets (i.e., payment for order flow) in the amounts outlined in the above report and detailed below. RQD* Clearing LLC's payment for order flow rate for options is reset monthly and applies to both single-leg and complex (multi-leg) orders, and to both marketable and non-marketable orders, as follows: A. Index options: no per-contract payment is received. Exchange fees are passed back to RQD* Clearing LLC. B. SPY options: a flat $0.125 per executed contract. C. All other options: a base rebate of $0.06 per executed contract, plus 9% of spread dollars, capped at $0.75 per executed contract. Spread dollars are calculated as the average quoted spread multiplied by the 100-contract multiplier. The average quoted spread is calculated by RQD* Clearing LLC across all marketable single leg options orders, excluding single-listed options, for the prior calendar month, and is provided by RQD* Clearing LLC to each market center at the start of the month. For the month of April 2026 this rate was 0.4533 per contract. No rebate is paid to RQD* Clearing LLC on sub-penny option contracts. Furthermore, RQD* Clearing LLC and Dash/IMC Financial Markets do not have any arrangements: A. that require RQD* Clearing LLC to meet specific volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds. B. that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds. C. for volume-based tiered payment schedules; or D. that require RQD* Clearing LLC to route any orders or a minimum number of orders to Dash/IMC Financial Markets. Citadel Securities LLC CDRG 9.99 6.87 7.17 8.13 12.90 10.87 23.1321 64.49 45.1004 19.02 21.6186 -1109.08 -52.6877 RQD* Clearing LLC routes customer orders in NMS securities that are options contracts to Citadel Securities LLC (CDRG) to facilitate the execution and price improvement of client orders. Non-exchange third-party market centers compete for orders based on execution quality. There is a potential conflict inherent to a market maker such as Citadel Securities LLC both paying for order flow and providing price improvement, as the potential source of funds for each is the same, namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC orders. Citadel Securities LLC generates revenue from executing or facilitating the execution of RQD* Clearing LLC customer orders. In exchange for such routing, RQD* Clearing LLC receives payment from Citadel Securities LLC (i.e., payment for order flow) in the amounts outlined in the above report and detailed below. RQD* Clearing LLC's payment for order flow rate for options is reset monthly and applies to both single-leg and complex (multi-leg) orders, and to both marketable and non-marketable orders, as follows: A. Index options: no per-contract payment is received. Exchange fees are passed back to RQD* Clearing LLC. B. SPY options: a flat $0.125 per executed contract. C. All other options: a base rebate of $0.06 per executed contract, plus 9% of spread dollars, capped at $0.75 per executed contract. Spread dollars are calculated as the average quoted spread multiplied by the 100-contract multiplier. The average quoted spread is calculated by RQD* Clearing LLC across all marketable single leg options orders, excluding single-listed options, for the prior calendar month, and is provided by RQD* Clearing LLC to each market center at the start of the month. For the month of April 2026 this rate was 0.4533 per contract. No rebate is paid to RQD* Clearing LLC on sub-penny option contracts. Furthermore, RQD* Clearing LLC and Citadel Securities LLC do not have any arrangements: A. that require RQD* Clearing LLC to meet specific volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds. B. that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds. C. for volume-based tiered payment schedules; or D. that require RQD* Clearing LLC to route any orders or a minimum number of orders to Citadel Securities LLC. Susquehanna Financial Group LLP SUFI 44.62 53.92 48.75 50.24 36.42 10.96 6.7239 32.41 39.0482 272.53 35.1198 -178.30 -14.9080 RQD* Clearing LLC routes customer orders in NMS securities that are options contracts to Susquehanna Financial Group LLP (sufi) to facilitate the execution and price improvement of client orders. Non-exchange third-party market centers compete for orders based on execution quality. There is a potential conflict inherent to a market maker such as Susquehanna Financial Group LLP both paying for order flow and providing price improvement, as the potential source of funds for each is the same, namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC orders. Susquehanna Financial Group LLP generates revenue from executing or facilitating the execution of RQD* Clearing LLC customer orders. In exchange for such routing, RQD* Clearing LLC receives payment from Susquehanna Financial Group LLP (i.e., payment for order flow) in the amounts outlined in the above report and detailed below. RQD* Clearing LLC's payment for order flow rate for options is reset monthly and applies to both single-leg and complex (multi-leg) orders, and to both marketable and non-marketable orders, as follows: A. Index options: no per-contract payment is received. Exchange fees are passed back to RQD* Clearing LLC. B. SPY options: a flat $0.125 per executed contract. C. All other options: a base rebate of $0.06 per executed contract, plus 9% of spread dollars, capped at $0.75 per executed contract. Spread dollars are calculated as the average quoted spread multiplied by the 100-contract multiplier. The average quoted spread is calculated by RQD* Clearing LLC across all marketable single leg options orders, excluding single-listed options, for the prior calendar month, and is provided by RQD* Clearing LLC to each market center at the start of the month. For the month of April 2026 this rate was 0.4533 per contract. No rebate is paid to RQD* Clearing LLC on sub-penny option contracts. Furthermore, RQD* Clearing LLC and Susquehanna Financial Group LLP do not have any arrangements: A. that require RQD* Clearing LLC to meet specific volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds. B. that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds. C. for volume-based tiered payment schedules; or D. that require RQD* Clearing LLC to route any orders or a minimum number of orders to Susquehanna Financial Group LLP. 2026 5 100.00 55.90 8.11 33.08 2.91 Virtu Americas LLC NITE 15.74 11.62 20.12 22.19 9.29 584.14 18.3085 75.80 17.0735 329.28 27.3773 0.00 0.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Virtu Americas LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share and execution quantity is equal to or greater than one share. B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share and execution quantity is equal to or greater than one share. C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 a rebate of .0015 notional amount of the trade (15 basis points) and execution quantity is equal to or greater than one share. D. US listed Security (NMS) marketable (remove liquidity) orders executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) and execution quantity is equal to or greater than one share. E. US listed (NMS) securities executions less than one share are executed without a rebate and without a cost to RQD Clearing LLC. F. Extended hours orders routed to Virtu and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms. There is a potential conflict inherent to a market maker such as Virtu Americans LLC both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly from such anticipated profit a market maker such as Virtu Americas LLC can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market maker’s (such as Virtu’s) anticipated profit must be allocated among these three sub-categories such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Virtu Americas LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Virtu Americas LLC. Two Sigma Securities LLC SOHO 6.07 5.89 4.43 7.32 0.00 888.22 20.0000 265.14 20.0181 1025.84 31.9310 0.00 0.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Two Sigma Securities LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share and execution quantity is equal to or greater than one share. B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share and execution quantity is equal to or greater than one share. C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 a rebate of .0015 notional amount of the trade (15 basis points) and execution quantity is equal to or greater than one share. D. US listed Security (NMS) marketable (remove liquidity) orders executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) and execution quantity is equal to or greater than one share. E. US listed (NMS) securities executions less than one share are executed without a rebate and without a cost to RQD Clearing LLC. F. Extended hours orders routed to Two Sigma and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms. There is a potential conflict inherent to a market maker such as Two Sigma Securities LLC both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly from such anticipated profit a market maker such as Two Sigma Securities LLC can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market maker’s (such as Two Sigma’s) anticipated profit must be allocated among these three sub-categories such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Two Sigma Securities LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Two Sigma Securities LLC. Jane Street Capital LLC JNST 13.40 9.39 14.38 18.52 29.56 1661.02 20.0000 538.00 14.9957 2295.34 25.0854 0.01 20.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Jane Street Capital LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders equal to or over $1 per share rebate of .0032 per share B. US listed Security (NMS) marketable (remove liquidity) order equal to or over $1 per share rebate of .0020 per share C. US listed Security (NMS) non-marketable (add liquidity) orders under $1 rebate of .0015 notional amount of the trade (15 basis points) D. US listed Security (NMS) marketable (remove liquidity) order under $1 per share rebate of .0010 notional amount of the trade (10 basis points) F. Extended hours orders routed to Jane Street Capital, LLC and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms. There is a potential conflict inherent to a market maker such as Jane Street both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly from such anticipated profit a market maker such as Jane Street can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market makers (such as Jane Street) anticipated profit must be allocated among these three sub-categories, such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Jane Street Capital, LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Jane Street Capital, LLC. Citadel Securities LLC CDRG 58.85 71.05 52.33 42.37 29.79 3724.92 20.0000 292.53 6.8234 1791.38 14.7530 0.00 0.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Citadel Securities LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share and execution quantity is equal to or greater than one share. B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share and execution quantity is equal to or greater than one share. C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 a rebate of .0015 notional amount of the trade (15 basis points) and execution quantity is equal to or greater than one share. D. US listed Security (NMS) marketable (remove liquidity) orders executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) and execution quantity is equal to or greater than one share. E. US listed (NMS) securities executions less than one share are executed without a rebate and without a cost to RQD Clearing LLC. F. For extended hours eligible orders routed to Citadel and executed between 04:00 and 06:59 ET, RQD Clearing LLC pays Citadel a commission of 2 mils per share, together with all maker/taker fees and credits on a pass-through basis. Extended hours eligible orders executed between 07:00 and 09:29 ET, or between 16:00 and 20:00 ET, neither receive payment nor incur a charge. Orders marked extended hours eligible that execute during the core session (09:30–16:00 ET) are subject to the standard payment terms. There is a potential conflict inherent to a market maker such as Citadel Securities LLC both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly from such anticipated profit a market maker such as Citadel Securities LLC can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market maker’s (such as Citadel’s) anticipated profit must be allocated among these three sub-categories such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Citadel Securities LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Citadel Securities LLC. LAMPOST CAPITAL LC LAMP 5.94 2.05 8.74 9.60 31.36 275.44 20.0000 92.23 8.4892 551.80 13.2705 0.00 0.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. LAMPOST CAPITAL L.C. paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 rebate of .0015 notional amount of the trade (15 basis points) D. US listed Security (NMS) marketable (remove liquidity) order executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) F. For extended hours eligible orders routed to Lampost Capital and executed between 04:00 and 06:59 ET, RQD Clearing LLC pays Lamppost Capital a commission of 5 mils per share. Extended hours eligible orders executed between 07:00 and 09:29 ET, or between 16:00 and 20:00 ET, neither receive payment nor incur a charge. Orders marked extended hours eligible that execute during the core session (09:30–16:00 ET) are subject to the standard payment terms. There is a potential conflict inherent to a Firm such as LAMPOST CAPITAL L.C. both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing, LLC customer orders. Accordingly from such anticipated profit a Firm such as LAMPOST can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. Firms (such as LAMPOST CAPITAL) anticipated profit must be allocated among these three sub-categories, such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and LAMPOST CAPITAL L.C. do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to LAMPOST CAPITAL L.C. LAMPOST CAPITAL L.C. is a clearing client of RQD* Clearing, LLC 100.00 27.46 19.49 48.33 4.72 Virtu Americas LLC NITE 7.86 9.91 6.14 7.20 9.84 44706.74 19.8470 39457.57 5.9732 61581.92 11.9304 0.00 0.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Virtu Americas LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share and execution quantity is equal to or greater than one share. B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share and execution quantity is equal to or greater than one share. C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 a rebate of .0015 notional amount of the trade (15 basis points) and execution quantity is equal to or greater than one share. D. US listed Security (NMS) marketable (remove liquidity) orders executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) and execution quantity is equal to or greater than one share. E. US listed (NMS) securities executions less than one share are executed without a rebate and without a cost to RQD Clearing LLC. F. Extended hours orders routed to Virtu and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms. There is a potential conflict inherent to a market maker such as Virtu Americans LLC both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly from such anticipated profit a market maker such as Virtu Americas LLC can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market maker’s (such as Virtu’s) anticipated profit must be allocated among these three sub-categories such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Virtu Americas LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Virtu Americas LLC. Two Sigma Securities LLC SOHO 9.42 11.33 8.34 9.69 0.03 38048.88 19.9694 29380.98 8.9631 58034.02 17.0948 0.00 0.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Two Sigma Securities LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share and execution quantity is equal to or greater than one share. B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share and execution quantity is equal to or greater than one share. C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 a rebate of .0015 notional amount of the trade (15 basis points) and execution quantity is equal to or greater than one share. D. US listed Security (NMS) marketable (remove liquidity) orders executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) and execution quantity is equal to or greater than one share. E. US listed (NMS) securities executions less than one share are executed without a rebate and without a cost to RQD Clearing LLC. F. Extended hours orders routed to Two Sigma and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms. There is a potential conflict inherent to a market maker such as Two Sigma Securities LLC both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly from such anticipated profit a market maker such as Two Sigma Securities LLC can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market maker’s (such as Two Sigma’s) anticipated profit must be allocated among these three sub-categories such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Two Sigma Securities LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Two Sigma Securities LLC. Jane Street Capital LLC JNST 24.32 19.30 23.75 26.90 29.55 97380.30 19.9671 84570.70 6.7237 155920.80 13.6177 1.65 32.0000 RQD* Clearing, LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Jane Street Capital LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 rebate of .0015 notional amount of the trade (15 basis points) D. US listed Security (NMS) marketable (remove liquidity) order executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) F. Extended hours orders routed to Jane Street Capital, LLC and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms. There is a potential conflict inherent to a market maker such as Jane Street both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing, LLC customer orders. Accordingly from such anticipated profit a market maker such as Jane Street can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market makers (such as Jane Street) anticipated profit must be allocated among these three sub-categories, such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Jane Street Capital, LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Jane Street Capital, LLC. Citadel Securities LLC CDRG 47.98 55.78 51.14 44.05 29.77 163171.57 19.9770 38331.92 2.9071 121232.74 9.2880 0.00 0.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Citadel Securities LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share and execution quantity is equal to or greater than one share. B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share and execution quantity is equal to or greater than one share. C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 a rebate of .0015 notional amount of the trade (15 basis points) and execution quantity is equal to or greater than one share. D. US listed Security (NMS) marketable (remove liquidity) orders executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) and execution quantity is equal to or greater than one share. E. US listed (NMS) securities executions less than one share are executed without a rebate and without a cost to RQD Clearing LLC. F. For extended hours eligible orders routed to Citadel and executed between 04:00 and 06:59 ET, RQD Clearing LLC pays Citadel a commission of 2 mils per share, together with all maker/taker fees and credits on a pass-through basis. Extended hours eligible orders executed between 07:00 and 09:29 ET, or between 16:00 and 20:00 ET, neither receive payment nor incur a charge. Orders marked extended hours eligible that execute during the core session (09:30–16:00 ET) are subject to the standard payment terms. There is a potential conflict inherent to a market maker such as Citadel Securities LLC both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly from such anticipated profit a market maker such as Citadel Securities LLC can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market maker’s (such as Citadel’s) anticipated profit must be allocated among these three sub-categories such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Citadel Securities LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Citadel Securities LLC. LAMPOST CAPITAL LC LAMP 10.42 3.68 10.63 12.16 30.81 23588.92 19.9589 23606.54 6.0117 40321.03 7.8579 0.00 0.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. LAMPOST CAPITAL L.C. paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 rebate of .0015 notional amount of the trade (15 basis points) D. US listed Security (NMS) marketable (remove liquidity) order executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) F. For extended hours eligible orders routed to Lampost Capital and executed between 04:00 and 06:59 ET, RQD Clearing LLC pays Lamppost Capital a commission of 5 mils per share. Extended hours eligible orders executed between 07:00 and 09:29 ET, or between 16:00 and 20:00 ET, neither receive payment nor incur a charge. Orders marked extended hours eligible that execute during the core session (09:30–16:00 ET) are subject to the standard payment terms. There is a potential conflict inherent to a Firm such as LAMPOST CAPITAL L.C. both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing, LLC customer orders. Accordingly from such anticipated profit a Firm such as LAMPOST can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. Firms (such as LAMPOST CAPITAL) anticipated profit must be allocated among these three sub-categories, such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and LAMPOST CAPITAL L.C. do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to LAMPOST CAPITAL L.C. LAMPOST CAPITAL L.C. is a clearing client of RQD* Clearing, LLC 100.00 1.19 5.09 54.19 39.53 Jane Street Capital LLC JNST 38.65 42.03 30.85 32.26 48.32 704.25 75.0000 999.12 74.9531 1623.25 74.9423 -359.87 -11.1370 RQD* Clearing LLC routes customer orders in NMS securities that are options contracts to Jane Street Capital, LLC (JNST) to facilitate the execution and price improvement of client orders. Non-exchange third-party market centers compete for orders based on execution quality. There is a potential conflict inherent to a market maker such as Jane Street Capital, LLC both paying for order flow and providing price improvement, as the potential source of funds for each is the same, namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC orders. Jane Street Capital, LLC generates revenue from executing or facilitating the execution of RQD* Clearing LLC customer orders. In exchange for such routing, RQD* Clearing LLC receives payment from Jane Street Capital, LLC (i.e., payment for order flow) in the amounts outlined in the above report and detailed below. RQD* Clearing LLC's payment for order flow rate for options is reset monthly and applies to both single-leg and complex (multi-leg) orders, and to both marketable and non-marketable orders, as follows: A. Index options: no per-contract payment is received. Exchange fees are passed back to RQD* Clearing LLC. B. SPY options: a flat $0.125 per executed contract. C. All other options: a base rebate of $0.06 per executed contract, plus 9% of spread dollars, capped at $0.75 per executed contract. Spread dollars are calculated as the average quoted spread multiplied by the 100-contract multiplier. The average quoted spread is calculated by RQD* Clearing LLC across all marketable single leg options orders, excluding single-listed options, for the prior calendar month, and is provided by RQD* Clearing LLC to each market center at the start of the month. For the month of May 2026 this rate was 0.75 per contract. No rebate is paid to RQD* Clearing LLC on sub-penny option contracts. Furthermore, RQD* Clearing LLC and Jane Street Capital, LLC do not have any arrangements: A. that require RQD* Clearing LLC to meet specific volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds. B. that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds. C. for volume-based tiered payment schedules; or D. that require RQD* Clearing LLC to route any orders or a minimum number of orders to Jane Street Capital, LLC. Dash/IMC Financial Markets DFIN 13.02 7.25 7.12 7.67 21.28 61.50 75.0000 19.50 75.0000 97.62 74.5229 -130.94 -19.5440 RQD* Clearing LLC routes customer orders in NMS securities that are options contracts to Dash/IMC Financial Markets (DFIN) to facilitate the execution and price improvement of client orders. Non-exchange third-party market centers compete for orders based on execution quality. There is a potential conflict inherent to a market maker such as Dash/IMC Financial Markets both paying for order flow and providing price improvement, as the potential source of funds for each is the same, namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC orders. Dash/IMC Financial Markets generates revenue from executing or facilitating the execution of RQD* Clearing LLC customer orders. In exchange for such routing, RQD* Clearing LLC receives payment from Dash/IMC Financial Markets (i.e., payment for order flow) in the amounts outlined in the above report and detailed below. RQD* Clearing LLC's payment for order flow rate for options is reset monthly and applies to both single-leg and complex (multi-leg) orders, and to both marketable and non-marketable orders, as follows: A. Index options: no per-contract payment is received. Exchange fees are passed back to RQD* Clearing LLC. B. SPY options: a flat $0.125 per executed contract. C. All other options: a base rebate of $0.06 per executed contract, plus 9% of spread dollars, capped at $0.75 per executed contract. Spread dollars are calculated as the average quoted spread multiplied by the 100-contract multiplier. The average quoted spread is calculated by RQD* Clearing LLC across all marketable single leg options orders, excluding single-listed options, for the prior calendar month, and is provided by RQD* Clearing LLC to each market center at the start of the month. For the month of May 2026 this rate was 0.75 per contract. No rebate is paid to RQD* Clearing LLC on sub-penny option contracts. Furthermore, RQD* Clearing LLC and Dash/IMC Financial Markets do not have any arrangements: A. that require RQD* Clearing LLC to meet specific volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds. B. that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds. C. for volume-based tiered payment schedules; or D. that require RQD* Clearing LLC to route any orders or a minimum number of orders to Dash/IMC Financial Markets. Citadel Securities LLC CDRG 29.62 37.68 45.76 45.34 5.76 114.00 75.0000 204.75 72.3498 598.12 74.3012 -5.00 -1.3889 RQD* Clearing LLC routes customer orders in NMS securities that are options contracts to Citadel Securities LLC (CDRG) to facilitate the execution and price improvement of client orders. Non-exchange third-party market centers compete for orders based on execution quality. There is a potential conflict inherent to a market maker such as Citadel Securities LLC both paying for order flow and providing price improvement, as the potential source of funds for each is the same, namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC orders. Citadel Securities LLC generates revenue from executing or facilitating the execution of RQD* Clearing LLC customer orders. In exchange for such routing, RQD* Clearing LLC receives payment from Citadel Securities LLC (i.e., payment for order flow) in the amounts outlined in the above report and detailed below. RQD* Clearing LLC's payment for order flow rate for options is reset monthly and applies to both single-leg and complex (multi-leg) orders, and to both marketable and non-marketable orders, as follows: A. Index options: no per-contract payment is received. Exchange fees are passed back to RQD* Clearing LLC. B. SPY options: a flat $0.125 per executed contract. C. All other options: a base rebate of $0.06 per executed contract, plus 9% of spread dollars, capped at $0.75 per executed contract. Spread dollars are calculated as the average quoted spread multiplied by the 100-contract multiplier. The average quoted spread is calculated by RQD* Clearing LLC across all marketable single leg options orders, excluding single-listed options, for the prior calendar month, and is provided by RQD* Clearing LLC to each market center at the start of the month. For the month of May 2026 this rate was 0.75 per contract. No rebate is paid to RQD* Clearing LLC on sub-penny option contracts. Furthermore, RQD* Clearing LLC and Citadel Securities LLC do not have any arrangements: A. that require RQD* Clearing LLC to meet specific volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds. B. that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds. C. for volume-based tiered payment schedules; or D. that require RQD* Clearing LLC to route any orders or a minimum number of orders to Citadel Securities LLC. Susquehanna Financial Group LLP SUFI 18.71 13.04 16.27 14.73 24.64 43.50 75.0000 32.25 75.0000 167.38 74.7232 -558.70 -40.9905 RQD* Clearing LLC routes customer orders in NMS securities that are options contracts to Susquehanna Financial Group LLP (sufi) to facilitate the execution and price improvement of client orders. Non-exchange third-party market centers compete for orders based on execution quality. There is a potential conflict inherent to a market maker such as Susquehanna Financial Group LLP both paying for order flow and providing price improvement, as the potential source of funds for each is the same, namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC orders. Susquehanna Financial Group LLP generates revenue from executing or facilitating the execution of RQD* Clearing LLC customer orders. In exchange for such routing, RQD* Clearing LLC receives payment from Susquehanna Financial Group LLP (i.e., payment for order flow) in the amounts outlined in the above report and detailed below. RQD* Clearing LLC's payment for order flow rate for options is reset monthly and applies to both single-leg and complex (multi-leg) orders, and to both marketable and non-marketable orders, as follows: A. Index options: no per-contract payment is received. Exchange fees are passed back to RQD* Clearing LLC. B. SPY options: a flat $0.125 per executed contract. C. All other options: a base rebate of $0.06 per executed contract, plus 9% of spread dollars, capped at $0.75 per executed contract. Spread dollars are calculated as the average quoted spread multiplied by the 100-contract multiplier. The average quoted spread is calculated by RQD* Clearing LLC across all marketable single leg options orders, excluding single-listed options, for the prior calendar month, and is provided by RQD* Clearing LLC to each market center at the start of the month. For the month of May 2026 this rate was 0.75 per contract. No rebate is paid to RQD* Clearing LLC on sub-penny option contracts. Furthermore, RQD* Clearing LLC and Susquehanna Financial Group LLP do not have any arrangements: A. that require RQD* Clearing LLC to meet specific volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds. B. that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds. C. for volume-based tiered payment schedules; or D. that require RQD* Clearing LLC to route any orders or a minimum number of orders to Susquehanna Financial Group LLP. 2026 6 100.00 54.79 8.47 33.93 2.81 Virtu Americas LLC NITE 13.29 2.86 26.95 27.46 4.12 199.12 19.4421 69.93 15.4532 233.28 23.8252 0.00 0.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Virtu Americas LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share and execution quantity is equal to or greater than one share. B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share and execution quantity is equal to or greater than one share. C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 a rebate of .0015 notional amount of the trade (15 basis points) and execution quantity is equal to or greater than one share. D. US listed Security (NMS) marketable (remove liquidity) orders executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) and execution quantity is equal to or greater than one share. E. US listed (NMS) securities executions less than one share are executed without a rebate and without a cost to RQD Clearing LLC. F. Extended hours orders routed to Virtu and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms. There is a potential conflict inherent to a market maker such as Virtu Americans LLC both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly from such anticipated profit a market maker such as Virtu Americas LLC can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market maker’s (such as Virtu’s) anticipated profit must be allocated among these three sub-categories such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Virtu Americas LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Virtu Americas LLC. Two Sigma Securities LLC SOHO 15.46 15.94 9.97 17.35 0.06 1483.42 20.0000 399.14 20.0000 1510.19 31.9095 0.61 20.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Two Sigma Securities LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share and execution quantity is equal to or greater than one share. B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share and execution quantity is equal to or greater than one share. C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 a rebate of .0015 notional amount of the trade (15 basis points) and execution quantity is equal to or greater than one share. D. US listed Security (NMS) marketable (remove liquidity) orders executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) and execution quantity is equal to or greater than one share. E. US listed (NMS) securities executions less than one share are executed without a rebate and without a cost to RQD Clearing LLC. F. Extended hours orders routed to Two Sigma Securities and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms. There is a potential conflict inherent to a market maker such as Two Sigma Securities LLC both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly from such anticipated profit a market maker such as Two Sigma Securities LLC can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market maker’s (such as Two Sigma’s) anticipated profit must be allocated among these three sub-categories such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Two Sigma Securities LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Two Sigma Securities LLC. Jane Street Capital LLC JNST 12.58 9.32 12.44 16.55 28.49 1257.42 20.0006 411.67 14.2459 1527.11 24.7549 0.00 0.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Jane Street Capital LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 rebate of .0015 notional amount of the trade (15 basis points) D. US listed Security (NMS) marketable (remove liquidity) order executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) F. Extended hours orders routed to Jane Streeet Capital LLC and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms. There is a potential conflict inherent to a market maker such as Jane Street both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing, LLC customer orders. Accordingly from such anticipated profit a market maker such as Jane Street can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market makers (such as Jane Street) anticipated profit must be allocated among these three sub-categories, such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Jane Street Capital, LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Jane Street Capital, LLC. Citadel Securities LLC CDRG 51.56 69.95 36.84 26.89 35.24 2776.98 20.0000 242.00 7.1383 1068.69 14.1042 0.00 0.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Citadel Securities LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share and execution quantity is equal to or greater than one share. B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share and execution quantity is equal to or greater than one share. C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 a rebate of .0015 notional amount of the trade (15 basis points) and execution quantity is equal to or greater than one share. D. US listed Security (NMS) marketable (remove liquidity) orders executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) and execution quantity is equal to or greater than one share. E. US listed (NMS) securities executions less than one share are executed without a rebate and without a cost to RQD Clearing LLC. F. For extended hours eligible orders routed to Citadel and executed between 04:00 and 06:59 ET, RQD Clearing LLC pays Citadel a commission of 2 mils per share, together with all maker/taker fees and credits on a pass-through basis. Extended hours eligible orders executed between 07:00 and 09:29 ET, or between 16:00 and 20:00 ET, neither receive payment nor incur a charge. Orders marked extended hours eligible that execute during the core session (09:30–16:00 ET) are subject to the standard payment terms. There is a potential conflict inherent to a market maker such as Citadel Securities LLC both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly from such anticipated profit a market maker such as Citadel Securities LLC can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market maker’s (such as Citadel’s) anticipated profit must be allocated among these three sub-categories such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Citadel Securities LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Citadel Securities LLC. LAMPOST CAPITAL LC LAMP 7.11 1.93 13.80 11.75 32.09 376.52 20.0000 234.25 10.0691 760.08 16.2196 0.00 0.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. LAMPOST CAPITAL L.C. paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 rebate of .0015 notional amount of the trade (15 basis points) D. US listed Security (NMS) marketable (remove liquidity) order executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) F. For extended hours eligible orders routed to Lampost Capital and executed between 04:00 and 06:59 ET, RQD Clearing LLC pays Lamppost Capital a commission of 5 mils per share. Extended hours eligible orders executed between 07:00 and 09:29 ET, or between 16:00 and 20:00 ET, neither receive payment nor incur a charge. Orders marked extended hours eligible that execute during the core session (09:30–16:00 ET) are subject to the standard payment terms. There is a potential conflict inherent to a Firm such as LAMPOST CAPITAL L.C. both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing, LLC customer orders. Accordingly from such anticipated profit a Firm such as LAMPOST can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. Firms (such as LAMPOST CAPITAL) anticipated profit must be allocated among these three sub-categories, such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and LAMPOST CAPITAL L.C. do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to LAMPOST CAPITAL L.C. LAMPOST CAPITAL L.C. is a clearing client of RQD* Clearing, LLC 100.00 26.23 20.40 48.76 4.61 Virtu Americas LLC NITE 5.13 4.61 4.61 5.67 4.61 26912.80 19.9297 33512.20 5.5671 44581.58 9.5827 1.24 0.0018 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Virtu Americas LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share and execution quantity is equal to or greater than one share. B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share and execution quantity is equal to or greater than one share. C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 a rebate of .0015 notional amount of the trade (15 basis points) and execution quantity is equal to or greater than one share. D. US listed Security (NMS) marketable (remove liquidity) orders executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) and execution quantity is equal to or greater than one share. E. US listed (NMS) securities executions less than one share are executed without a rebate and without a cost to RQD Clearing LLC. F. Extended hours orders routed to Virtu and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms. There is a potential conflict inherent to a market maker such as Virtu Americans LLC both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly from such anticipated profit a market maker such as Virtu Americas LLC can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market maker’s (such as Virtu’s) anticipated profit must be allocated among these three sub-categories such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Virtu Americas LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Virtu Americas LLC. Two Sigma Securities LLC SOHO 20.63 28.17 16.09 20.42 0.03 61930.73 19.9044 43796.56 8.2359 84996.32 16.2472 9.03 0.0206 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Two Sigma Securities LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share and execution quantity is equal to or greater than one share. B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share and execution quantity is equal to or greater than one share. C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 a rebate of .0015 notional amount of the trade (15 basis points) and execution quantity is equal to or greater than one share. D. US listed Security (NMS) marketable (remove liquidity) orders executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) and execution quantity is equal to or greater than one share. E. US listed (NMS) securities executions less than one share are executed without a rebate and without a cost to RQD Clearing LLC. F. Extended hours orders routed to Two Sigma and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms. There is a potential conflict inherent to a market maker such as Two Sigma Securities LLC both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly from such anticipated profit a market maker such as Two Sigma Securities LLC can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market maker’s (such as Two Sigma’s) anticipated profit must be allocated among these three sub-categories such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Two Sigma Securities LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Two Sigma Securities LLC. Jane Street Capital LLC JNST 21.23 17.39 19.57 23.21 29.58 76196.97 19.9591 61156.53 6.2652 117485.70 12.9556 8.71 20.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Jane Street Capital LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 rebate of .0015 notional amount of the trade (15 basis points) D. US listed Security (NMS) marketable (remove liquidity) order executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) F. Extended hours orders routed to Jane Streeet Capital LLC and filled outside the core session will not receive payment nor will incur a charge. However, orders marked as extended hours eligible filled during the core session will receive at the above payment terms. There is a potential conflict inherent to a market maker such as Jane Street both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing, LLC customer orders. Accordingly from such anticipated profit a market maker such as Jane Street can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market makers (such as Jane Street) anticipated profit must be allocated among these three sub-categories, such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Jane Street Capital, LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Jane Street Capital, LLC. Citadel Securities LLC CDRG 38.20 45.46 41.32 33.28 35.09 145349.54 19.9396 44771.87 3.5400 85599.96 7.3564 6.47 20.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. Citadel Securities LLC paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share and execution quantity is equal to or greater than one share. B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share and execution quantity is equal to or greater than one share. C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 a rebate of .0015 notional amount of the trade (15 basis points) and execution quantity is equal to or greater than one share. D. US listed Security (NMS) marketable (remove liquidity) orders executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) and execution quantity is equal to or greater than one share. E. US listed (NMS) securities executions less than one share are executed without a rebate and without a cost to RQD Clearing LLC. F. For extended hours eligible orders routed to Citadel and executed between 04:00 and 06:59 ET, RQD Clearing LLC pays Citadel a commission of 2 mils per share, together with all maker/taker fees and credits on a pass-through basis. Extended hours eligible orders executed between 07:00 and 09:29 ET, or between 16:00 and 20:00 ET, neither receive payment nor incur a charge. Orders marked extended hours eligible that execute during the core session (09:30–16:00 ET) are subject to the standard payment terms. There is a potential conflict inherent to a market maker such as Citadel Securities LLC both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC customer orders. Accordingly from such anticipated profit a market maker such as Citadel Securities LLC can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. A market maker’s (such as Citadel’s) anticipated profit must be allocated among these three sub-categories such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and Citadel Securities LLC do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to Citadel Securities LLC. LAMPOST CAPITAL LC LAMP 14.81 4.37 18.41 17.42 30.69 59665.52 19.9511 73509.53 5.1314 105153.37 7.9703 0.00 0.0000 RQD* Clearing LLC receives revenue from third-party liquidity providers based on the order flow execution received at each destination. LAMPOST CAPITAL L.C. paid RQD* Clearing LLC rebates on orders according to the below terms: A. US listed Security (NMS) non-marketable (add liquidity) orders executed equal to or over $1 per share rebate of .0032 per share B. US listed Security (NMS) marketable (remove liquidity) order executed equal to or over $1 per share rebate of .0020 per share C. US listed Security (NMS) non-marketable (add liquidity) orders executed under $1 rebate of .0015 notional amount of the trade (15 basis points) D. US listed Security (NMS) marketable (remove liquidity) order executed under $1 per share rebate of .0010 notional amount of the trade (10 basis points) F. For extended hours eligible orders routed to Lampost Capital and executed between 04:00 and 06:59 ET, RQD Clearing LLC pays Lamppost Capital a commission of 5 mils per share. Extended hours eligible orders executed between 07:00 and 09:29 ET, or between 16:00 and 20:00 ET, neither receive payment nor incur a charge. Orders marked extended hours eligible that execute during the core session (09:30–16:00 ET) are subject to the standard payment terms. There is a potential conflict inherent to a Firm such as LAMPOST CAPITAL L.C. both paying for order flow and providing price improvement as the potential source of funds for each is the same namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing, LLC customer orders. Accordingly from such anticipated profit a Firm such as LAMPOST can (i) forgo a portion of such anticipated profit to provide price improvement; (ii) forgo a portion of such anticipated profit to pay for order flow; or (iii) retain a larger portion of anticipated profit and not provide (or provide less) price improvement or not provide (or provide less) payment for order flow. Firms (such as LAMPOST CAPITAL) anticipated profit must be allocated among these three sub-categories, such that an increased allocation to any one subcategory will result in a decreased allocation to one or more of the other categories. Furthermore, RQD* Clearing LLC and LAMPOST CAPITAL L.C. do not have any arrangements: - that require RQD* Clearing LLC to meet certain volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds; - that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds; - for volume-based tiered payment schedules; or - that requires RQD* Clearing LLC to route any orders or a minimum number of orders to LAMPOST CAPITAL L.C. LAMPOST CAPITAL L.C. is a clearing client of RQD* Clearing, LLC 100.00 43.06 2.75 30.05 24.14 Jane Street Capital LLC JNST 33.95 25.89 36.16 29.92 53.10 1922.78 59.7693 513.00 73.9193 1310.75 74.6441 -10.29 0.8912 RQD* Clearing LLC routes customer orders in NMS securities that are options contracts to Jane Street Capital, LLC (JNST) to facilitate the execution and price improvement of client orders. Non-exchange third-party market centers compete for orders based on execution quality. There is a potential conflict inherent to a market maker such as Jane Street Capital, LLC both paying for order flow and providing price improvement, as the potential source of funds for each is the same, namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC orders. Jane Street Capital, LLC generates revenue from executing or facilitating the execution of RQD* Clearing LLC customer orders. In exchange for such routing, RQD* Clearing LLC receives payment from Jane Street Capital, LLC (i.e., payment for order flow) in the amounts outlined in the above report and detailed below. RQD* Clearing LLC's payment for order flow rate for options is reset monthly and applies to both single-leg and complex (multi-leg) orders, and to both marketable and non-marketable orders, as follows: A. Index options: no per-contract payment is received. Exchange fees are passed back to RQD* Clearing LLC. B. SPY options: a flat $0.125 per executed contract. C. All other options: a base rebate of $0.06 per executed contract, plus 9% of spread dollars, capped at $0.75 per executed contract. Spread dollars are calculated as the average quoted spread multiplied by the 100-contract multiplier. The average quoted spread is calculated by RQD* Clearing LLC across all marketable single leg options orders, excluding single-listed options, for the prior calendar month, and is provided by RQD* Clearing LLC to each market center at the start of the month. For the month of June 2026 this rate was 0.75 per contract. No rebate is paid to RQD* Clearing LLC on sub-penny option contracts. Furthermore, RQD* Clearing LLC and Jane Street Capital, LLC do not have any arrangements: A. that require RQD* Clearing LLC to meet specific volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds. B. that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds. C. for volume-based tiered payment schedules; or D. that require RQD* Clearing LLC to route any orders or a minimum number of orders to Jane Street Capital, LLC. Dash/IMC Financial Markets DFIN 12.51 9.88 6.25 8.73 22.61 621.32 57.1073 43.50 75.0000 178.00 70.0787 -27.86 -6.8633 RQD* Clearing LLC routes customer orders in NMS securities that are options contracts to Dash/IMC Financial Markets (DFIN) to facilitate the execution and price improvement of client orders. Non-exchange third-party market centers compete for orders based on execution quality. There is a potential conflict inherent to a market maker such as Dash/IMC Financial Markets both paying for order flow and providing price improvement, as the potential source of funds for each is the same, namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC orders. Dash/IMC Financial Markets generates revenue from executing or facilitating the execution of RQD* Clearing LLC customer orders. In exchange for such routing, RQD* Clearing LLC receives payment from Dash/IMC Financial Markets (i.e., payment for order flow) in the amounts outlined in the above report and detailed below. RQD* Clearing LLC's payment for order flow rate for options is reset monthly and applies to both single-leg and complex (multi-leg) orders, and to both marketable and non-marketable orders, as follows: A. Index options: no per-contract payment is received. Exchange fees are passed back to RQD* Clearing LLC. B. SPY options: a flat $0.125 per executed contract. C. All other options: a base rebate of $0.06 per executed contract, plus 9% of spread dollars, capped at $0.75 per executed contract. Spread dollars are calculated as the average quoted spread multiplied by the 100-contract multiplier. The average quoted spread is calculated by RQD* Clearing LLC across all marketable single leg options orders, excluding single-listed options, for the prior calendar month, and is provided by RQD* Clearing LLC to each market center at the start of the month. For the month of June 2026 this rate was 0.75 per contract. No rebate is paid to RQD* Clearing LLC on sub-penny option contracts. Furthermore, RQD* Clearing LLC and Dash/IMC Financial Markets do not have any arrangements: A. that require RQD* Clearing LLC to meet specific volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds. B. that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds. C. for volume-based tiered payment schedules; or D. that require RQD* Clearing LLC to route any orders or a minimum number of orders to Dash/IMC Financial Markets. Citadel Securities LLC CDRG 13.93 15.04 19.64 17.55 6.81 892.32 56.9082 94.38 67.4107 290.62 65.3090 38.25 40.2632 RQD* Clearing LLC routes customer orders in NMS securities that are options contracts to Citadel Securities LLC (CDRG) to facilitate the execution and price improvement of client orders. Non-exchange third-party market centers compete for orders based on execution quality. There is a potential conflict inherent to a market maker such as Citadel Securities LLC both paying for order flow and providing price improvement, as the potential source of funds for each is the same, namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC orders. Citadel Securities LLC generates revenue from executing or facilitating the execution of RQD* Clearing LLC customer orders. In exchange for such routing, RQD* Clearing LLC receives payment from Citadel Securities LLC (i.e., payment for order flow) in the amounts outlined in the above report and detailed below. RQD* Clearing LLC's payment for order flow rate for options is reset monthly and applies to both single-leg and complex (multi-leg) orders, and to both marketable and non-marketable orders, as follows: A. Index options: no per-contract payment is received. Exchange fees are passed back to RQD* Clearing LLC. B. SPY options: a flat $0.125 per executed contract. C. All other options: a base rebate of $0.06 per executed contract, plus 9% of spread dollars, capped at $0.75 per executed contract. Spread dollars are calculated as the average quoted spread multiplied by the 100-contract multiplier. The average quoted spread is calculated by RQD* Clearing LLC across all marketable single leg options orders, excluding single-listed options, for the prior calendar month, and is provided by RQD* Clearing LLC to each market center at the start of the month. For the month of June 2026 this rate was 0.75 per contract. No rebate is paid to RQD* Clearing LLC on sub-penny option contracts. Furthermore, RQD* Clearing LLC and Citadel Securities LLC do not have any arrangements: A. that require RQD* Clearing LLC to meet specific volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds. B. that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds. C. for volume-based tiered payment schedules; or D. that require RQD* Clearing LLC to route any orders or a minimum number of orders to Citadel Securities LLC. Susquehanna Financial Group LLP SUFI 39.61 49.19 37.95 43.80 17.48 2890.03 57.0026 23.50 71.2121 522.12 72.8201 -844.64 -45.4352 RQD* Clearing LLC routes customer orders in NMS securities that are options contracts to Susquehanna Financial Group LLP (sufi) to facilitate the execution and price improvement of client orders. Non-exchange third-party market centers compete for orders based on execution quality. There is a potential conflict inherent to a market maker such as Susquehanna Financial Group LLP both paying for order flow and providing price improvement, as the potential source of funds for each is the same, namely the anticipated profit the market maker seeks to earn from executing or facilitating the execution of RQD* Clearing LLC orders. Susquehanna Financial Group LLP generates revenue from executing or facilitating the execution of RQD* Clearing LLC customer orders. In exchange for such routing, RQD* Clearing LLC receives payment from Susquehanna Financial Group LLP (i.e., payment for order flow) in the amounts outlined in the above report and detailed below. RQD* Clearing LLC's payment for order flow rate for options is reset monthly and applies to both single-leg and complex (multi-leg) orders, and to both marketable and non-marketable orders, as follows: A. Index options: no per-contract payment is received. Exchange fees are passed back to RQD* Clearing LLC. B. SPY options: a flat $0.125 per executed contract. C. All other options: a base rebate of $0.06 per executed contract, plus 9% of spread dollars, capped at $0.75 per executed contract. Spread dollars are calculated as the average quoted spread multiplied by the 100-contract multiplier. The average quoted spread is calculated by RQD* Clearing LLC across all marketable single leg options orders, excluding single-listed options, for the prior calendar month, and is provided by RQD* Clearing LLC to each market center at the start of the month. For the month of June 2026 this rate was 0.75 per contract. No rebate is paid to RQD* Clearing LLC on sub-penny option contracts. Furthermore, RQD* Clearing LLC and Susquehanna Financial Group LLP do not have any arrangements: A. that require RQD* Clearing LLC to meet specific volume thresholds or that provide incentives to RQD* Clearing LLC for meeting or exceeding certain volume thresholds. B. that require RQD* Clearing LLC to meet certain minimum volume thresholds or that provide disincentives to RQD* Clearing LLC for failing to meet certain minimum volume thresholds. C. for volume-based tiered payment schedules; or D. that require RQD* Clearing LLC to route any orders or a minimum number of orders to Susquehanna Financial Group LLP.