<?xml version="1.0" encoding="UTF-8"?>
<heldOrderRoutingPublicReport xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:noNamespaceSchemaLocation="oh-20191231.xsd">
  <version>1.3</version>
  <bd>Janney Montgomery Scott, Inc.</bd>
  <year>2026</year>
  <qtr>1</qtr>
  <timestamp>2026-04-14T19:34:11Z</timestamp>
  <rMonthly>
    <year>2026</year>
    <mon>01</mon>
    <rSP500>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>92.77</ndoMarketPct>
      <ndoMarketableLimitPct>0.23</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>1.00</ndoNonmarketableLimitPct>
      <ndoOtherPct>6.00</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>CITADEL SECURITIES LLC</name>
          <orderPct>21.49</orderPct>
          <marketPct>19.33</marketPct>
          <marketableLimitPct>31.83</marketableLimitPct>
          <nonMarketableLimitPct>20.02</nonMarketableLimitPct>
          <otherPct>54.77</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Citadel Securities LLC. (Citadel): Janney does not receive payment for order flow from Citadel on such orders. 
Janney’s arrangement with Citadel is not subject to any volume thresholds or minimum order thresholds.  While Citadel may receive rebates or other compensation from exchanges in connection with Janney’s orders, Citadel does not share any such rebates or compensation with Janney</materialAspects>
        </rVenue>
        <rVenue>
          <name>Virtu Americas, LLC</name>
          <orderPct>18.83</orderPct>
          <marketPct>19.33</marketPct>
          <marketableLimitPct>18.05</marketableLimitPct>
          <nonMarketableLimitPct>17.35</nonMarketableLimitPct>
          <otherPct>11.42</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Virtu Americas, LLC (Virtu): Janney Montgomery Scott, LLC (Janney) does not receive payment for order flow from Virtu on such orders. 
Janney’s arrangement with Virtu is not subject to any volume thresholds or minimum order thresholds.  While Virtu may receive rebates or other compensation from exchanges in connection with Janney’s orders, Virtu does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>GTS SECURITIES LLC</name>
          <orderPct>17.26</orderPct>
          <marketPct>17.74</marketPct>
          <marketableLimitPct>8.02</marketableLimitPct>
          <nonMarketableLimitPct>20.20</nonMarketableLimitPct>
          <otherPct>9.61</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>GTS Securities LLC. (GTS): Janney does not receive payment for order flow from GTS on such orders. 
Janney’s arrangement with GTS is not subject to any volume thresholds or minimum order thresholds.  While GTS may receive rebates or other compensation from exchanges in connection with Janney’s orders, GTS does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>Hudson River Trading (HRT)</name>
          <orderPct>17.21</orderPct>
          <marketPct>17.74</marketPct>
          <marketableLimitPct>12.53</marketableLimitPct>
          <nonMarketableLimitPct>16.95</nonMarketableLimitPct>
          <otherPct>9.23</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>HRT Financial LP (HRT): Janney does not receive payment for order flow from HRT on such orders.
Janney’s arrangement with HRT is not subject to any volume thresholds or minimum order thresholds.  While HRT may receive rebate or other compensation in connection with Janney’s orders, HRT does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>StoneX Financial, Inc.</name>
          <orderPct>15.59</orderPct>
          <marketPct>16.00</marketPct>
          <marketableLimitPct>11.03</marketableLimitPct>
          <nonMarketableLimitPct>15.79</nonMarketableLimitPct>
          <otherPct>9.25</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>StoneX Financial, Inc. (StoneX): Janney does not receive payment for order flow from StoneX on such orders.
Janney’s arrangement with StoneX is not subject to any volume thresholds or minimum order thresholds.  While StoneX may receive rebates or other compensation from exchanges in connection with Janney’s orders, StoneX does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>G1 Execution Services, LLC</name>
          <orderPct>9.57</orderPct>
          <marketPct>9.84</marketPct>
          <marketableLimitPct>6.52</marketableLimitPct>
          <nonMarketableLimitPct>8.53</nonMarketableLimitPct>
          <otherPct>5.70</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>G1 Execution Services, LLC (G1X) : Janney does not receive payment for order flow from G1X on such orders. Janney’s arrangement with G1X is not subject to any volume thresholds or minimum order thresholds. While G1X may receive rebates or other compensation from exchanges in connection with Janney’s orders, G1X does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
      </rVenues>
    </rSP500>
    <rOtherStocks>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>92.27</ndoMarketPct>
      <ndoMarketableLimitPct>0.62</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>2.30</ndoNonmarketableLimitPct>
      <ndoOtherPct>4.81</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>CITADEL SECURITIES LLC</name>
          <orderPct>20.00</orderPct>
          <marketPct>18.97</marketPct>
          <marketableLimitPct>23.43</marketableLimitPct>
          <nonMarketableLimitPct>19.30</nonMarketableLimitPct>
          <otherPct>39.69</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Citadel Securities LLC. (Citadel): Janney does not receive payment for order flow from Citadel on such orders. 
Janney’s arrangement with Citadel is not subject to any volume thresholds or minimum order thresholds.  While Citadel may receive rebates or other compensation from exchanges in connection with Janney’s orders, Citadel does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>Virtu Americas, LLC</name>
          <orderPct>18.87</orderPct>
          <marketPct>19.06</marketPct>
          <marketableLimitPct>23.03</marketableLimitPct>
          <nonMarketableLimitPct>19.69</nonMarketableLimitPct>
          <otherPct>14.23</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Virtu Americas, LLC (Virtu): Janney Montgomery Scott, LLC (Janney) does not receive payment for order flow from Virtu on such orders. 
Janney’s arrangement with Virtu is not subject to any volume thresholds or minimum order thresholds.  While Virtu may receive rebates or other compensation from exchanges in connection with Janney’s orders, Virtu does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>GTS SECURITIES LLC</name>
          <orderPct>17.60</orderPct>
          <marketPct>17.88</marketPct>
          <marketableLimitPct>13.64</marketableLimitPct>
          <nonMarketableLimitPct>16.48</nonMarketableLimitPct>
          <otherPct>13.33</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>GTS Securities LLC. (GTS): Janney does not receive payment for order flow from GTS on such orders. 
Janney’s arrangement with GTS is not subject to any volume thresholds or minimum order thresholds.  While GTS may receive rebates or other compensation from exchanges in connection with Janney’s orders, GTS does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>Hudson River Trading (HRT)</name>
          <orderPct>17.51</orderPct>
          <marketPct>17.83</marketPct>
          <marketableLimitPct>13.74</marketableLimitPct>
          <nonMarketableLimitPct>15.52</nonMarketableLimitPct>
          <otherPct>12.82</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>HRT Financial LP (HRT): Janney does not receive payment for order flow from HRT on such orders.
Janney’s arrangement with HRT is not subject to any volume thresholds or minimum order thresholds.  While HRT may receive rebate or other compensation in connection with Janney’s orders, HRT does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>StoneX Financial, Inc.</name>
          <orderPct>16.07</orderPct>
          <marketPct>16.24</marketPct>
          <marketableLimitPct>13.64</marketableLimitPct>
          <nonMarketableLimitPct>17.00</nonMarketableLimitPct>
          <otherPct>12.81</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>StoneX Financial, Inc. (StoneX): Janney does not receive payment for order flow from StoneX on such orders.
Janney’s arrangement with StoneX is not subject to any volume thresholds or minimum order thresholds.  While StoneX may receive rebates or other compensation from exchanges in connection with Janney’s orders, StoneX does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>G1 Execution Services, LLC</name>
          <orderPct>9.69</orderPct>
          <marketPct>9.86</marketPct>
          <marketableLimitPct>8.08</marketableLimitPct>
          <nonMarketableLimitPct>8.77</nonMarketableLimitPct>
          <otherPct>7.07</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>G1 Execution Services, LLC (G1X) : Janney does not receive payment for order flow from G1X on such orders. Janney’s arrangement with G1X is not subject to any volume thresholds or minimum order thresholds. While G1X may receive rebates or other compensation from exchanges in connection with Janney’s orders, G1X does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
      </rVenues>
    </rOtherStocks>
    <rOptions>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>27.76</ndoMarketPct>
      <ndoMarketableLimitPct>8.52</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>55.47</ndoNonmarketableLimitPct>
      <ndoOtherPct>8.25</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>Global Execution Brokers LP</name>
          <orderPct>49.40</orderPct>
          <marketPct>49.62</marketPct>
          <marketableLimitPct>46.75</marketableLimitPct>
          <nonMarketableLimitPct>49.66</nonMarketableLimitPct>
          <otherPct>49.71</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Global Execution Brokers LP (Global Execution): Janney does not receive payment for order flow from Global on such orders.
Janney’s arrangement with Global Execution is not subject to any volume thresholds or minimum order thresholds.  While Global Execution may receive rebates or other compensation from options exchanges in connection with Janney orders, Global Execution does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>Wolverine Execution Services, LLC</name>
          <orderPct>29.12</orderPct>
          <marketPct>28.80</marketPct>
          <marketableLimitPct>29.88</marketableLimitPct>
          <nonMarketableLimitPct>29.25</nonMarketableLimitPct>
          <otherPct>28.57</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Wolverine Execution Services (WEX): Janney does not receive payment for order flow from Wolverine Execution Services (WEX) on such orders.
Janney’s arrangement with Wolverine Execution Services (WEX) is not subject to any volume thresholds or minimum order thresholds.  While Wolverine Execution Services (WEX) may receive rebates or other compensation from options exchanges in connection with Janney orders, Wolverine Execution Services (WEX) does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>Citadel Securities, LLC</name>
          <orderPct>21.47</orderPct>
          <marketPct>21.58</marketPct>
          <marketableLimitPct>23.37</marketableLimitPct>
          <nonMarketableLimitPct>21.09</nonMarketableLimitPct>
          <otherPct>21.71</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Citadel Securities LLC. (Citadel): Janney does not receive payment for order flow from Citadel on such orders. 
Janney’s arrangement with Citadel is not subject to any volume thresholds or minimum order thresholds.  While Citadel may receive rebates or other compensation from options exchanges in connection with Janney’s orders, Citadel does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
      </rVenues>
    </rOptions>
  </rMonthly>
  <rMonthly>
    <year>2026</year>
    <mon>02</mon>
    <rSP500>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>92.27</ndoMarketPct>
      <ndoMarketableLimitPct>0.23</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>1.37</ndoNonmarketableLimitPct>
      <ndoOtherPct>6.13</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>CITADEL SECURITIES LLC</name>
          <orderPct>22.55</orderPct>
          <marketPct>20.21</marketPct>
          <marketableLimitPct>32.71</marketableLimitPct>
          <nonMarketableLimitPct>19.63</nonMarketableLimitPct>
          <otherPct>58.04</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Citadel Securities LLC. (Citadel): Janney does not receive payment for order flow from Citadel on such orders. 
Janney’s arrangement with Citadel is not subject to any volume thresholds or minimum order thresholds.  While Citadel may receive rebates or other compensation from exchanges in connection with Janney’s orders, Citadel does not share any such rebates or compensation with Janney</materialAspects>
        </rVenue>
        <rVenue>
          <name>Virtu Americas, LLC</name>
          <orderPct>17.73</orderPct>
          <marketPct>18.22</marketPct>
          <marketableLimitPct>11.53</marketableLimitPct>
          <nonMarketableLimitPct>17.10</nonMarketableLimitPct>
          <otherPct>10.80</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Virtu Americas, LLC (Virtu): Janney Montgomery Scott, LLC (Janney) does not receive payment for order flow from Virtu on such orders. 
Janney’s arrangement with Virtu is not subject to any volume thresholds or minimum order thresholds.  While Virtu may receive rebates or other compensation from exchanges in connection with Janney’s orders, Virtu does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>Hudson River Trading (HRT)</name>
          <orderPct>16.90</orderPct>
          <marketPct>17.42</marketPct>
          <marketableLimitPct>14.33</marketableLimitPct>
          <nonMarketableLimitPct>17.56</nonMarketableLimitPct>
          <otherPct>9.04</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>HRT Financial LP (HRT): Janney does not receive payment for order flow from HRT on such orders.
Janney’s arrangement with HRT is not subject to any volume thresholds or minimum order thresholds.  While HRT may receive rebate or other compensation in connection with Janney’s orders, HRT does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>StoneX Financial, Inc.</name>
          <orderPct>16.73</orderPct>
          <marketPct>17.29</marketPct>
          <marketableLimitPct>13.40</marketableLimitPct>
          <nonMarketableLimitPct>16.79</nonMarketableLimitPct>
          <otherPct>8.39</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>StoneX Financial, Inc. (StoneX): Janney does not receive payment for order flow from StoneX on such orders.
Janney’s arrangement with StoneX is not subject to any volume thresholds or minimum order thresholds.  While StoneX may receive rebates or other compensation from exchanges in connection with Janney’s orders, StoneX does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>GTS SECURITIES LLC</name>
          <orderPct>16.72</orderPct>
          <marketPct>17.21</marketPct>
          <marketableLimitPct>12.46</marketableLimitPct>
          <nonMarketableLimitPct>18.70</nonMarketableLimitPct>
          <otherPct>9.10</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>GTS Securities LLC. (GTS): Janney does not receive payment for order flow from GTS on such orders. 
Janney’s arrangement with GTS is not subject to any volume thresholds or minimum order thresholds.  While GTS may receive rebates or other compensation from exchanges in connection with Janney’s orders, GTS does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>G1 Execution Services, LLC</name>
          <orderPct>9.33</orderPct>
          <marketPct>9.65</marketPct>
          <marketableLimitPct>7.48</marketableLimitPct>
          <nonMarketableLimitPct>9.30</nonMarketableLimitPct>
          <otherPct>4.64</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>G1 Execution Services, LLC (G1X) : Janney does not receive payment for order flow from G1X on such orders. Janney’s arrangement with G1X is not subject to any volume thresholds or minimum order thresholds. While G1X may receive rebates or other compensation from exchanges in connection with Janney’s orders, G1X does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
      </rVenues>
    </rSP500>
    <rOtherStocks>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>90.95</ndoMarketPct>
      <ndoMarketableLimitPct>1.13</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>2.83</ndoNonmarketableLimitPct>
      <ndoOtherPct>5.09</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>CITADEL SECURITIES LLC</name>
          <orderPct>20.21</orderPct>
          <marketPct>19.18</marketPct>
          <marketableLimitPct>24.47</marketableLimitPct>
          <nonMarketableLimitPct>20.33</nonMarketableLimitPct>
          <otherPct>37.62</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Citadel Securities LLC. (Citadel): Janney does not receive payment for order flow from Citadel on such orders. 
Janney’s arrangement with Citadel is not subject to any volume thresholds or minimum order thresholds.  While Citadel may receive rebates or other compensation from exchanges in connection with Janney’s orders, Citadel does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>Virtu Americas, LLC</name>
          <orderPct>18.37</orderPct>
          <marketPct>18.58</marketPct>
          <marketableLimitPct>17.61</marketableLimitPct>
          <nonMarketableLimitPct>17.46</nonMarketableLimitPct>
          <otherPct>15.25</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Virtu Americas, LLC (Virtu): Janney Montgomery Scott, LLC (Janney) does not receive payment for order flow from Virtu on such orders. 
Janney’s arrangement with Virtu is not subject to any volume thresholds or minimum order thresholds.  While Virtu may receive rebates or other compensation from exchanges in connection with Janney’s orders, Virtu does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>GTS SECURITIES LLC</name>
          <orderPct>17.36</orderPct>
          <marketPct>17.58</marketPct>
          <marketableLimitPct>16.04</marketableLimitPct>
          <nonMarketableLimitPct>17.79</nonMarketableLimitPct>
          <otherPct>13.44</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>GTS Securities LLC. (GTS): Janney does not receive payment for order flow from GTS on such orders. 
Janney’s arrangement with GTS is not subject to any volume thresholds or minimum order thresholds.  While GTS may receive rebates or other compensation from exchanges in connection with Janney’s orders, GTS does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>StoneX Financial, Inc.</name>
          <orderPct>17.10</orderPct>
          <marketPct>17.38</marketPct>
          <marketableLimitPct>14.53</marketableLimitPct>
          <nonMarketableLimitPct>15.82</nonMarketableLimitPct>
          <otherPct>13.39</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>StoneX Financial, Inc. (StoneX): Janney does not receive payment for order flow from StoneX on such orders.
Janney’s arrangement with StoneX is not subject to any volume thresholds or minimum order thresholds.  While StoneX may receive rebates or other compensation from exchanges in connection with Janney’s orders, StoneX does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>Hudson River Trading (HRT)</name>
          <orderPct>17.04</orderPct>
          <marketPct>17.30</marketPct>
          <marketableLimitPct>15.03</marketableLimitPct>
          <nonMarketableLimitPct>16.78</nonMarketableLimitPct>
          <otherPct>12.92</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>HRT Financial LP (HRT): Janney does not receive payment for order flow from HRT on such orders.
Janney’s arrangement with HRT is not subject to any volume thresholds or minimum order thresholds.  While HRT may receive rebate or other compensation in connection with Janney’s orders, HRT does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>G1 Execution Services, LLC</name>
          <orderPct>9.60</orderPct>
          <marketPct>9.76</marketPct>
          <marketableLimitPct>8.74</marketableLimitPct>
          <nonMarketableLimitPct>9.08</nonMarketableLimitPct>
          <otherPct>7.20</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>G1 Execution Services, LLC (G1X) : Janney does not receive payment for order flow from G1X on such orders. Janney’s arrangement with G1X is not subject to any volume thresholds or minimum order thresholds. While G1X may receive rebates or other compensation from exchanges in connection with Janney’s orders, G1X does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
      </rVenues>
    </rOtherStocks>
    <rOptions>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>25.02</ndoMarketPct>
      <ndoMarketableLimitPct>8.64</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>56.74</ndoNonmarketableLimitPct>
      <ndoOtherPct>9.61</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>Global Execution Brokers LP</name>
          <orderPct>51.11</orderPct>
          <marketPct>52.20</marketPct>
          <marketableLimitPct>49.48</marketableLimitPct>
          <nonMarketableLimitPct>51.63</nonMarketableLimitPct>
          <otherPct>46.60</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Global Execution Brokers LP (Global Execution): Janney does not receive payment for order flow from Global on such orders.
Janney’s arrangement with Global Execution is not subject to any volume thresholds or minimum order thresholds.  While Global Execution may receive rebates or other compensation from options exchanges in connection with Janney orders, Global Execution does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>Wolverine Execution Services, LLC</name>
          <orderPct>28.03</orderPct>
          <marketPct>28.94</marketPct>
          <marketableLimitPct>30.67</marketableLimitPct>
          <nonMarketableLimitPct>28.30</nonMarketableLimitPct>
          <otherPct>21.70</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Wolverine Execution Services (WEX): Janney does not receive payment for order flow from Wolverine Execution Services (WEX) on such orders.
Janney’s arrangement with Wolverine Execution Services (WEX) is not subject to any volume thresholds or minimum order thresholds.  While Wolverine Execution Services (WEX) may receive rebates or other compensation from options exchanges in connection with Janney orders, Wolverine Execution Services (WEX) does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>Citadel Securities, LLC</name>
          <orderPct>20.86</orderPct>
          <marketPct>18.87</marketPct>
          <marketableLimitPct>19.85</marketableLimitPct>
          <nonMarketableLimitPct>20.07</nonMarketableLimitPct>
          <otherPct>31.69</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Citadel Securities LLC. (Citadel): Janney does not receive payment for order flow from Citadel on such orders. 
Janney’s arrangement with Citadel is not subject to any volume thresholds or minimum order thresholds.  While Citadel may receive rebates or other compensation from options exchanges in connection with Janney’s orders, Citadel does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
      </rVenues>
    </rOptions>
  </rMonthly>
  <rMonthly>
    <year>2026</year>
    <mon>03</mon>
    <rSP500>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>92.75</ndoMarketPct>
      <ndoMarketableLimitPct>0.23</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>1.37</ndoNonmarketableLimitPct>
      <ndoOtherPct>5.65</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>CITADEL SECURITIES LLC</name>
          <orderPct>24.27</orderPct>
          <marketPct>22.15</marketPct>
          <marketableLimitPct>34.05</marketableLimitPct>
          <nonMarketableLimitPct>17.70</nonMarketableLimitPct>
          <otherPct>60.18</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Citadel Securities LLC. (Citadel): Janney does not receive payment for order flow from Citadel on such orders. 
Janney’s arrangement with Citadel is not subject to any volume thresholds or minimum order thresholds.  While Citadel may receive rebates or other compensation from exchanges in connection with Janney’s orders, Citadel does not share any such rebates or compensation with Janney</materialAspects>
        </rVenue>
        <rVenue>
          <name>Virtu Americas, LLC</name>
          <orderPct>17.42</orderPct>
          <marketPct>17.98</marketPct>
          <marketableLimitPct>12.06</marketableLimitPct>
          <nonMarketableLimitPct>14.82</nonMarketableLimitPct>
          <otherPct>8.96</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Virtu Americas, LLC (Virtu): Janney Montgomery Scott, LLC (Janney) does not receive payment for order flow from Virtu on such orders. 
Janney’s arrangement with Virtu is not subject to any volume thresholds or minimum order thresholds.  While Virtu may receive rebates or other compensation from exchanges in connection with Janney’s orders, Virtu does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>Hudson River Trading (HRT)</name>
          <orderPct>16.43</orderPct>
          <marketPct>16.91</marketPct>
          <marketableLimitPct>10.46</marketableLimitPct>
          <nonMarketableLimitPct>18.37</nonMarketableLimitPct>
          <otherPct>8.45</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>HRT Financial LP (HRT): Janney does not receive payment for order flow from HRT on such orders.
Janney’s arrangement with HRT is not subject to any volume thresholds or minimum order thresholds.  While HRT may receive rebate or other compensation in connection with Janney’s orders, HRT does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>StoneX Financial, Inc.</name>
          <orderPct>16.39</orderPct>
          <marketPct>16.77</marketPct>
          <marketableLimitPct>15.55</marketableLimitPct>
          <nonMarketableLimitPct>23.11</nonMarketableLimitPct>
          <otherPct>8.54</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>StoneX Financial, Inc. (StoneX): Janney does not receive payment for order flow from StoneX on such orders.
Janney’s arrangement with StoneX is not subject to any volume thresholds or minimum order thresholds.  While StoneX may receive rebates or other compensation from exchanges in connection with Janney’s orders, StoneX does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>GTS SECURITIES LLC</name>
          <orderPct>16.37</orderPct>
          <marketPct>16.83</marketPct>
          <marketableLimitPct>12.06</marketableLimitPct>
          <nonMarketableLimitPct>16.73</nonMarketableLimitPct>
          <otherPct>8.96</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>GTS Securities LLC. (GTS): Janney does not receive payment for order flow from GTS on such orders. 
Janney’s arrangement with GTS is not subject to any volume thresholds or minimum order thresholds.  While GTS may receive rebates or other compensation from exchanges in connection with Janney’s orders, GTS does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>G1 Execution Services, LLC</name>
          <orderPct>9.08</orderPct>
          <marketPct>9.35</marketPct>
          <marketableLimitPct>6.43</marketableLimitPct>
          <nonMarketableLimitPct>8.65</nonMarketableLimitPct>
          <otherPct>4.90</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>G1 Execution Services, LLC (G1X) : Janney does not receive payment for order flow from G1X on such orders. Janney’s arrangement with G1X is not subject to any volume thresholds or minimum order thresholds. While G1X may receive rebates or other compensation from exchanges in connection with Janney’s orders, G1X does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
      </rVenues>
    </rSP500>
    <rOtherStocks>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>90.93</ndoMarketPct>
      <ndoMarketableLimitPct>0.96</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>2.94</ndoNonmarketableLimitPct>
      <ndoOtherPct>5.16</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>CITADEL SECURITIES LLC</name>
          <orderPct>20.95</orderPct>
          <marketPct>19.79</marketPct>
          <marketableLimitPct>25.75</marketableLimitPct>
          <nonMarketableLimitPct>20.23</nonMarketableLimitPct>
          <otherPct>40.92</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Citadel Securities LLC. (Citadel): Janney does not receive payment for order flow from Citadel on such orders. 
Janney’s arrangement with Citadel is not subject to any volume thresholds or minimum order thresholds.  While Citadel may receive rebates or other compensation from exchanges in connection with Janney’s orders, Citadel does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>Virtu Americas, LLC</name>
          <orderPct>18.34</orderPct>
          <marketPct>18.62</marketPct>
          <marketableLimitPct>17.75</marketableLimitPct>
          <nonMarketableLimitPct>17.99</nonMarketableLimitPct>
          <otherPct>13.62</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Virtu Americas, LLC (Virtu): Janney Montgomery Scott, LLC (Janney) does not receive payment for order flow from Virtu on such orders. 
Janney’s arrangement with Virtu is not subject to any volume thresholds or minimum order thresholds.  While Virtu may receive rebates or other compensation from exchanges in connection with Janney’s orders, Virtu does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>StoneX Financial, Inc.</name>
          <orderPct>17.25</orderPct>
          <marketPct>17.46</marketPct>
          <marketableLimitPct>15.70</marketableLimitPct>
          <nonMarketableLimitPct>18.89</nonMarketableLimitPct>
          <otherPct>12.98</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>StoneX Financial, Inc. (StoneX): Janney does not receive payment for order flow from StoneX on such orders.
Janney’s arrangement with StoneX is not subject to any volume thresholds or minimum order thresholds.  While StoneX may receive rebates or other compensation from exchanges in connection with Janney’s orders, StoneX does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>Hudson River Trading (HRT)</name>
          <orderPct>16.89</orderPct>
          <marketPct>17.19</marketPct>
          <marketableLimitPct>15.05</marketableLimitPct>
          <nonMarketableLimitPct>15.99</nonMarketableLimitPct>
          <otherPct>12.50</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>HRT Financial LP (HRT): Janney does not receive payment for order flow from HRT on such orders.
Janney’s arrangement with HRT is not subject to any volume thresholds or minimum order thresholds.  While HRT may receive rebate or other compensation in connection with Janney’s orders, HRT does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>GTS SECURITIES LLC</name>
          <orderPct>16.86</orderPct>
          <marketPct>17.13</marketPct>
          <marketableLimitPct>14.29</marketableLimitPct>
          <nonMarketableLimitPct>16.62</nonMarketableLimitPct>
          <otherPct>12.86</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>GTS Securities LLC. (GTS): Janney does not receive payment for order flow from GTS on such orders. 
Janney’s arrangement with GTS is not subject to any volume thresholds or minimum order thresholds.  While GTS may receive rebates or other compensation from exchanges in connection with Janney’s orders, GTS does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>G1 Execution Services, LLC</name>
          <orderPct>9.38</orderPct>
          <marketPct>9.58</marketPct>
          <marketableLimitPct>7.05</marketableLimitPct>
          <nonMarketableLimitPct>7.86</nonMarketableLimitPct>
          <otherPct>7.10</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>G1 Execution Services, LLC (G1X) : Janney does not receive payment for order flow from G1X on such orders. Janney’s arrangement with G1X is not subject to any volume thresholds or minimum order thresholds. While G1X may receive rebates or other compensation from exchanges in connection with Janney’s orders, G1X does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
      </rVenues>
    </rOtherStocks>
    <rOptions>
      <ndoPct>100.00</ndoPct>
      <ndoMarketPct>29.07</ndoMarketPct>
      <ndoMarketableLimitPct>7.64</ndoMarketableLimitPct>
      <ndoNonmarketableLimitPct>55.48</ndoNonmarketableLimitPct>
      <ndoOtherPct>7.82</ndoOtherPct>
      <rVenues>
        <rVenue>
          <name>Global Execution Brokers LP</name>
          <orderPct>50.11</orderPct>
          <marketPct>49.70</marketPct>
          <marketableLimitPct>48.00</marketableLimitPct>
          <nonMarketableLimitPct>50.30</nonMarketableLimitPct>
          <otherPct>52.33</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Global Execution Brokers LP (Global Execution): Janney does not receive payment for order flow from Global on such orders.
Janney’s arrangement with Global Execution is not subject to any volume thresholds or minimum order thresholds.  While Global Execution may receive rebates or other compensation from options exchanges in connection with Janney orders, Global Execution does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>Wolverine Execution Services, LLC</name>
          <orderPct>27.66</orderPct>
          <marketPct>27.98</marketPct>
          <marketableLimitPct>26.62</marketableLimitPct>
          <nonMarketableLimitPct>27.54</nonMarketableLimitPct>
          <otherPct>28.27</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Wolverine Execution Services (WEX): Janney does not receive payment for order flow from Wolverine Execution Services (WEX) on such orders.
Janney’s arrangement with Wolverine Execution Services (WEX) is not subject to any volume thresholds or minimum order thresholds.  While Wolverine Execution Services (WEX) may receive rebates or other compensation from options exchanges in connection with Janney orders, Wolverine Execution Services (WEX) does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
        <rVenue>
          <name>Citadel Securities, LLC</name>
          <orderPct>21.92</orderPct>
          <marketPct>22.04</marketPct>
          <marketableLimitPct>25.08</marketableLimitPct>
          <nonMarketableLimitPct>21.78</nonMarketableLimitPct>
          <otherPct>19.40</otherPct>
          <netPmtPaidRecvMarketOrdersUsd>0.00</netPmtPaidRecvMarketOrdersUsd>
          <netPmtPaidRecvMarketOrdersCph>0.0000</netPmtPaidRecvMarketOrdersCph>
          <netPmtPaidRecvMarketableLimitOrdersUsd>0.00</netPmtPaidRecvMarketableLimitOrdersUsd>
          <netPmtPaidRecvMarketableLimitOrdersCph>0.0000</netPmtPaidRecvMarketableLimitOrdersCph>
          <netPmtPaidRecvNonMarketableLimitOrdersUsd>0.00</netPmtPaidRecvNonMarketableLimitOrdersUsd>
          <netPmtPaidRecvNonMarketableLimitOrdersCph>0.0000</netPmtPaidRecvNonMarketableLimitOrdersCph>
          <netPmtPaidRecvOtherOrdersUsd>0.00</netPmtPaidRecvOtherOrdersUsd>
          <netPmtPaidRecvOtherOrdersCph>0.0000</netPmtPaidRecvOtherOrdersCph>
          <materialAspects>Citadel Securities LLC. (Citadel): Janney does not receive payment for order flow from Citadel on such orders. 
Janney’s arrangement with Citadel is not subject to any volume thresholds or minimum order thresholds.  While Citadel may receive rebates or other compensation from options exchanges in connection with Janney’s orders, Citadel does not share any such rebates or compensation with Janney.</materialAspects>
        </rVenue>
      </rVenues>
    </rOptions>
  </rMonthly>
</heldOrderRoutingPublicReport>
