1.2 PIPER SANDLER AND CO. 2026 1 2026-04-29T21:03:23Z 2026 01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 100.00 0.00 0.81 16.50 82.69 NYSE ARCA OPTIONS ARCO 12.01 0.00 1.14 29.68 8.59 0.0000 0.0000 0.0000 0.0000 3342.8000 29.8065 11948.2200 26.2097 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: NYSE ARCA OPTIONS (ARCO): https://www.nyse.com/publicdocs/nyse/markets/arca-options/NYSE_Arca_Options_Fee_Schedule.pdf. The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/. The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." CBOE EDGX OPTIONS EXCHANGE EDGO 8.65 0.00 9.15 0.49 10.27 0.0000 0.0000 37.8301 1.2424 -43.7100 -2.4570 5631.1000 32.7123 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: CBOE: https://www.cboe.com/us/options/membership/fee_schedule/cone/The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." CBOE GLOBAL MARKETS INC XCBO 8.63 0.00 27.83 2.03 9.76 0.0000 0.0000 -3024.9725 -27.3976 -1921.2675 -21.1897 -2054.4650 -24.4754 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: CBOE: https://www.cboe.com/us/options/membership/fee_schedule/cone/ . The Firm utilizes Dash Financial ("DASH") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors. The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates. DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution. DASH Specific Routing Arrangements: •Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier. •Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/. The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." MIAMI INTERNATIONAL SECURITIES EXCHANGE XMIO 8.57 0.00 31.51 6.81 8.69 0.0000 0.0000 -543.2400 -3.0000 -91.4400 -3.3581 -603.6000 -3.2726 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: MIAX Options Exchange (MIAX) https://www.miaxglobal.com/sites/default/files/fee_schedule-files/MIAX_Options_Fee_Schedule_07092025.pdf. The Firm utilizes Dash Financial ("DASH") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors. The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates. DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution. DASH Specific Routing Arrangements: •Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier. •Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees. For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/. The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." BOX OPTIONS EXCHANGE XBOX 8.41 0.00 16.65 6.10 8.80 0.0000 0.0000 -515.5300 -2.2825 -8.9100 -3.3371 4213.6700 26.4197 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: XBOX: https://boxexchange.com/regulatory/fees/The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." MIAX EMERALD, LLC EMLD 8.19 0.00 0.13 6.17 8.67 0.0000 0.0000 -24.4000 -8.0000 108.5600 57.7447 -1252.9100 -10.5802 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: MIAX EMERALD (EMLD): https://www.miaxglobal.com/markets/us-options/emerald-options/feesThe Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." INTERNATIONAL SECURITIES EXCHANGE, LLC XISX 7.53 0.00 3.94 0.50 8.97 0.0000 0.0000 -1617.9200 -40.8463 8.4600 47.0000 -464.3100 -2.4344 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: ISE: https://listingcenter.nasdaq.com/rulebook/ise/rules/ISE%20Options%207The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." NASDAQ OMX PHLX XPHO 7.34 0.00 0.06 6.39 7.60 0.0000 0.0000 0.0000 0.0000 -22.7700 -6.3426 -2573.6300 -31.4894 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: NASDAQ OMX PHLX (XPHO): https://listingcenter.nasdaq.com/rulebook/phlx/rules/Phlx%20Options%207. The Firm utilizes Dash Financial ("DASH") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors. The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates. DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution. DASH Specific Routing Arrangements: •Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier. •Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees. For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/. The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." ISE MERCURY, LLC MCRY 6.42 0.00 5.53 0.37 7.64 0.0000 0.0000 16.5700 0.3237 25.9400 46.3214 -277.9500 -3.3630 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: ISE MERCURY MCRY: https://listingcenter.nasdaq.com/rulebook/mrx/rules/MRX%20Options%207The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." MIAX SAPPHIRE, LLC SPHR 5.16 0.00 0.06 5.49 5.15 0.0000 0.0000 0.0000 0.0000 72.4900 36.7970 2304.9300 42.5578 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: MIAX Options Exchange (MIAX) https://www.miaxglobal.com/sites/default/files/fee_schedule-files/MIAX_Options_Fee_Schedule_07092025.pdfThe Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." CBOE C2 OPTIONS EXCHANGE C2OX 5.07 0.00 0.76 0.43 6.04 0.0000 0.0000 0.0000 0.0000 1.5400 77.0000 -2613.6200 -27.5495 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: CBOE C2 OPTIONS EXCHANGE (C2OX): https://www.cboe.com/us/options/membership/fee_schedule/ctwo/. The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." NYSE AMERICAN OPTIONS AMXO 4.96 0.00 0.13 6.33 4.74 0.0000 0.0000 0.0000 0.0000 -14.8700 -5.7413 -404.5800 -11.4256 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: American Options Exchange (AMXO): https://www.nyse.com/publicdocs/nyse/markets/american-options/NYSE_American_Options_Fee_Schedule.pdf The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution. DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." 2026 02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 100.00 0.00 0.83 14.96 84.21 NYSE ARCA OPTIONS ARCO 14.69 0.00 0.70 50.91 8.39 0.0000 0.0000 0.0000 0.0000 3652.1900 28.2306 11921.7900 30.6717 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: NYSE ARCA OPTIONS (ARCO): https://www.nyse.com/publicdocs/nyse/markets/arca-options/NYSE_Arca_Options_Fee_Schedule.pdf. The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/. The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." CBOE GLOBAL MARKETS INC XCBO 9.87 0.00 24.50 1.15 11.27 0.0000 0.0000 -1851.6525 -29.1645 -1688.9600 -22.6889 -2398.5825 -25.6341 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: CBOE: https://www.cboe.com/us/options/membership/fee_schedule/cone/ . The Firm utilizes Dash Financial ("DASH") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors. The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates. DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution. DASH Specific Routing Arrangements: •Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier. •Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/. The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." CBOE EDGX OPTIONS EXCHANGE EDGO 8.84 0.00 12.04 0.30 10.32 0.0000 0.0000 -10.6600 -2.0000 -0.2000 -2.0000 3949.8900 26.4171 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: CBOE: https://www.cboe.com/us/options/membership/fee_schedule/cone/The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." MIAMI INTERNATIONAL SECURITIES EXCHANGE XMIO 8.53 0.00 36.46 4.76 8.93 0.0000 0.0000 -282.4200 -3.0000 -87.6000 -3.0000 -570.8400 -5.9388 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: MIAX Options Exchange (MIAX) https://www.miaxglobal.com/sites/default/files/fee_schedule-files/MIAX_Options_Fee_Schedule_07092025.pdf. The Firm utilizes Dash Financial ("DASH") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors. The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates. DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution. DASH Specific Routing Arrangements: •Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier. •Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees. For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/. The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." MIAX EMERALD, LLC EMLD 8.41 0.00 0.28 4.22 9.23 0.0000 0.0000 -2.1800 -7.0323 52.2400 44.2712 -388.9700 -4.8524 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: MIAX EMERALD (EMLD): https://www.miaxglobal.com/markets/us-options/emerald-options/feesThe Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." BOX OPTIONS EXCHANGE XBOX 8.32 0.00 15.52 4.26 8.97 0.0000 0.0000 -25.0000 -0.3135 -14.1900 -5.6087 3076.1600 26.6035 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: XBOX: https://boxexchange.com/regulatory/fees/The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." INTERNATIONAL SECURITIES EXCHANGE, LLC XISX 6.96 0.00 2.57 0.30 8.18 0.0000 0.0000 -655.5500 -44.9007 -1.4700 -14.7000 -548.9800 -3.0132 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: ISE: https://listingcenter.nasdaq.com/rulebook/ise/rules/ISE%20Options%207The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." NASDAQ OMX PHLX XPHO 6.64 0.00 0.21 2.88 7.37 0.0000 0.0000 0.0000 0.0000 -2.4900 -3.0000 -724.6200 -20.9307 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: NASDAQ OMX PHLX (XPHO): https://listingcenter.nasdaq.com/rulebook/phlx/rules/Phlx%20Options%207. The Firm utilizes Dash Financial ("DASH") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors. The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates. DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution. DASH Specific Routing Arrangements: •Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier. •Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees. For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/. The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." ISE MERCURY, LLC MCRY 6.30 0.00 3.55 0.28 7.40 0.0000 0.0000 105.7700 6.1068 -0.0900 -3.0000 -202.3600 -3.5975 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: ISE MERCURY MCRY: https://listingcenter.nasdaq.com/rulebook/mrx/rules/MRX%20Options%207The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." MIAX SAPPHIRE, LLC SPHR 4.83 0.00 0.14 3.86 5.05 0.0000 0.0000 0.0000 0.0000 35.3800 44.7848 930.7300 37.0514 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: MIAX Options Exchange (MIAX) https://www.miaxglobal.com/sites/default/files/fee_schedule-files/MIAX_Options_Fee_Schedule_07092025.pdfThe Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." CBOE C2 OPTIONS EXCHANGE C2OX 4.78 0.00 0.21 0.13 5.65 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 -2215.9600 -28.0395 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: CBOE C2 OPTIONS EXCHANGE (C2OX): https://www.cboe.com/us/options/membership/fee_schedule/ctwo/. The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." NYSE AMERICAN OPTIONS AMXO 4.59 0.00 0.56 4.29 4.69 0.0000 0.0000 0.0000 0.0000 -3.1500 -3.0000 -474.7600 -18.6766 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: American Options Exchange (AMXO): https://www.nyse.com/publicdocs/nyse/markets/american-options/NYSE_American_Options_Fee_Schedule.pdf The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution. DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." 2026 03 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 100.00 0.00 1.17 10.81 88.02 NYSE ARCA OPTIONS ARCO 11.14 0.00 0.54 27.93 9.22 0.0000 0.0000 0.0000 0.0000 5305.6600 33.7876 14116.4500 26.1222 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: NYSE ARCA OPTIONS (ARCO): https://www.nyse.com/publicdocs/nyse/markets/arca-options/NYSE_Arca_Options_Fee_Schedule.pdf. The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/. The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." CBOE GLOBAL MARKETS INC XCBO 9.75 0.00 24.97 2.20 10.47 0.0000 0.0000 -4016.2000 -20.4616 -2767.4500 -21.1256 -3067.9675 -23.4716 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: CBOE: https://www.cboe.com/us/options/membership/fee_schedule/cone/ . The Firm utilizes Dash Financial ("DASH") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors. The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates. DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution. DASH Specific Routing Arrangements: •Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier. •Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/. The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." CBOE EDGX OPTIONS EXCHANGE EDGO 9.12 0.00 12.35 0.45 10.14 0.0000 0.0000 -18.2200 -2.0000 436.6100 101.5372 3387.6200 21.6171 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: CBOE: https://www.cboe.com/us/options/membership/fee_schedule/cone/The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." BOX OPTIONS EXCHANGE XBOX 8.91 0.00 15.04 6.65 9.10 0.0000 0.0000 -242.0100 -1.4873 -11.4200 -3.7566 2765.6700 28.1751 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: XBOX: https://boxexchange.com/regulatory/fees/The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." MIAMI INTERNATIONAL SECURITIES EXCHANGE XMIO 8.75 0.00 30.80 7.55 8.61 0.0000 0.0000 -432.8400 -3.0000 -66.6000 -3.0000 -1271.7200 -9.0818 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: MIAX Options Exchange (MIAX) https://www.miaxglobal.com/sites/default/files/fee_schedule-files/MIAX_Options_Fee_Schedule_07092025.pdf. The Firm utilizes Dash Financial ("DASH") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors. The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates. DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution. DASH Specific Routing Arrangements: •Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier. •Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees. For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/. The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." MIAX EMERALD, LLC EMLD 8.60 0.00 0.27 6.75 8.94 0.0000 0.0000 -36.2400 -8.0000 90.5600 46.6804 -270.3800 -4.9684 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: MIAX EMERALD (EMLD): https://www.miaxglobal.com/markets/us-options/emerald-options/feesThe Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." INTERNATIONAL SECURITIES EXCHANGE, LLC XISX 7.28 0.00 2.69 0.40 8.18 0.0000 0.0000 -897.5600 -39.0923 0.9500 10.5556 -416.3300 -1.5637 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: ISE: https://listingcenter.nasdaq.com/rulebook/ise/rules/ISE%20Options%207The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." NASDAQ OMX PHLX XPHO 7.01 0.00 0.13 0.40 7.91 0.0000 0.0000 0.0000 0.0000 -0.6900 -3.0000 -1066.2300 -21.1009 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: NASDAQ OMX PHLX (XPHO): https://listingcenter.nasdaq.com/rulebook/phlx/rules/Phlx%20Options%207. The Firm utilizes Dash Financial ("DASH") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors. The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates. DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution. DASH Specific Routing Arrangements: •Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier. •Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees. For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/. The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." ISE MERCURY, LLC MCRY 6.74 0.00 9.16 0.23 7.51 0.0000 0.0000 71.8500 1.8667 -0.0600 -3.0000 -215.3200 -4.1850 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: ISE MERCURY MCRY: https://listingcenter.nasdaq.com/rulebook/mrx/rules/MRX%20Options%207The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." CBOE C2 OPTIONS EXCHANGE C2OX 5.56 0.00 0.49 0.27 6.27 0.0000 0.0000 0.0000 0.0000 0.3900 39.0000 -2818.3300 -35.3484 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: CBOE C2 OPTIONS EXCHANGE (C2OX): https://www.cboe.com/us/options/membership/fee_schedule/ctwo/. The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." MIAX SAPPHIRE, LLC SPHR 5.14 0.00 0.13 6.16 5.09 0.0000 0.0000 0.0000 0.0000 61.1000 31.8229 1424.5500 34.6437 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: MIAX Options Exchange (MIAX) https://www.miaxglobal.com/sites/default/files/fee_schedule-files/MIAX_Options_Fee_Schedule_07092025.pdfThe Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution.DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm." NYSE AMERICAN OPTIONS AMXO 4.76 0.00 0.27 6.95 4.55 0.0000 0.0000 0.0000 0.0000 -6.5700 -3.0000 -986.9200 -17.5484 "During the reporting period, the Firm did not qualify for tiered pricing with respect to customer order flow and was charged fees or received rebates at the Exchange's standard non-tiered rates. For detailed fee information, please refer to the venue’s fee schedule at: American Options Exchange (AMXO): https://www.nyse.com/publicdocs/nyse/markets/american-options/NYSE_American_Options_Fee_Schedule.pdf The Firm utilizes Dash Financial (""DASH"") as its primary third-party routing vendor for options orders, including the equity leg of complex options orders. DASH provides the Firm with algorithmic trading tools that determine the specific venues to which orders are routed based on execution quality factors.The Firm pays DASH a per-contract fee for execution services. The fee does not vary based on the Firm's order flow volume. The Firm does not disclose the specific per-contract rate to protect commercially sensitive vendor pricing terms. Institutional clients may request detailed fee information pursuant to SEC Rule 606(b)(3). DASH passes through 100% of exchange fees and rebates (including spread credit rebates) to the Firm at non-tiered rates.DASH aggregates order flow from multiple broker-dealers, allowing DASH to qualify for enhanced volume-based pricing tiers at exchanges. While DASH passes through fees and rebates to the Firm at non-tiered levels, the Firm receives an indirect economic benefit because DASH's lower execution costs enable competitive service rates. The Firm's routing decisions prioritize best execution for customer orders, considering price, speed, and likelihood of execution. DASH Specific Routing Arrangements:•Bank of America Securities (BofAS): DASH receives preferential rates from BofAS based on BofAS's pricing tier.•Preferencing: DASH typically preferences Susquehanna for Exchange Marketing Fee purposes and passes through 100% of resulting exchange rebates and fees.For additional information on DASH's routing practices, view DASH Rule 606 reports at: https://dashfinancial.com/rule-606/.The Firm may route orders directly to floor brokers for manual execution. The Firm pays floor brokers a per-contract fee. Floor brokers pass through 100% of exchange fees and rebates to the Firm."