For the Quarter Ending March 31, 2018
I. SECURITIES LISTED ON THE NYSE:
UBS Securities LLC: UBS is a market maker in certain exchange listed and OTC equity securities. Schwab receives payments for marketable orders executed through the firm, which averaged less than $.0009 per share. Non-Marketable Limit orders that added liquidity and which subsequently executed received a credit on average of $0.0030 per share.
Citadel Execution Services: Citadel is a market maker in certain exchange listed and OTC equity securities. Schwab receives payments for marketable orders executed through the firm, which averaged less than $.0009 per share. Non-Marketable Limit orders that added liquidity and which subsequently executed received a credit on average of $0.0030 per share.
VIRTU: VIRTU is a market maker in certain exchange listed and OTC equity securities. Schwab receives payments for marketable orders executed through the firm, which average less than $.0009 per share. Non-Marketable Limit orders that added liquidity and which subsequently executed received a credit on average of $0.0030 per share.
G1X: G1X is a market maker in certain exchange listed and OTC equity securities. Schwab receives payments for marketable orders executed through the firm, which average less than $.0009 per share. Non-Marketable Limit orders that added liquidity and which subsequently executed received a credit on average of $0.0030 per share.
Two Sigma: Two Sigma is a market maker in certain exchange listed and OTC equity securities. Schwab receives payments for orders executed through the firm, which average less than $.0009 per share.
II. SECURITIES LISTED ON THE NYSE ARCA or REGIONAL EXCHANGES:
UBS Securities LLC: UBS is a market maker in certain exchange listed and OTC equity securities. Schwab receives payments for marketable orders executed through the firm, which averaged less than $.0009 per share. Non-Marketable Limit orders that added liquidity and which subsequently executed received a credit on average of $0.0030 per share.
Citadel Execution Services: Citadel is a market maker in certain exchange listed and OTC equity securities. Schwab receives payments for marketable orders executed through the firm, which averaged less than $.0009 per share. Non-Marketable Limit orders that added liquidity and which subsequently executed received a credit on average of $0.0030 per share.
VIRTU: VIRTU is a market maker in certain exchange listed and OTC equity securities. Schwab receives payments for marketable orders executed through the firm, which average less than $.0009 per share. Non-Marketable Limit orders that added liquidity and which subsequently executed received a credit on average of $0.0030 per share.
G1X: G1X is a market maker in certain exchange listed and OTC equity securities. Schwab receives payments for marketable orders executed through the firm, which average less than $.0009 per share. Non-Marketable Limit orders that added liquidity and which subsequently executed received a credit on average of $0.0030 per share.
Two Sigma: Two Sigma is a market maker in certain exchange listed and OTC equity securities. Schwab receives payments for orders executed through the firm, which average less than $.0009 per share.
III. SECURITIES LISTED ON THE NASDAQ STOCK MARKET:
UBS Securities LLC: UBS is a market maker in certain exchange listed and OTC equity securities. Schwab receives payments for marketable orders executed through the firm, which averaged less than $ .0009 per share. Non-Marketable Limit orders that added liquidity and which subsequently executed received a credit on average of $0.0030 per share.
Citadel Execution Services: Citadel is a market maker in certain exchange listed and OTC equity securities. Schwab receives payments for marketable orders executed through the firm, which averaged less than $.0009 per share. Non-Marketable Limit orders that added liquidity and which subsequently executed received a credit on average of $0.0030 per share.
VIRTU: VIRTU is a market maker in certain exchange listed and OTC equity securities. Schwab receives payments for marketable orders executed through the firm, which average less than $.0009 per share. Non-Marketable Limit orders that added liquidity and which subsequently executed received a credit on average of $0.0030 per share.
G1X: G1X is a market maker in certain exchange listed and OTC equity securities. Schwab receives payments for marketable orders executed through the firm, which average less than $.0009 per share. Non-Marketable Limit orders that added liquidity and which subsequently executed received a credit on average of $0.0030 per share.
Two Sigma: Two Sigma is a market maker in certain exchange listed and OTC equity securities. Schwab receives payments for orders executed through the firm, which average less than $.0009 per share.
IV. EXCHANGE-LISTED OPTIONS
Schwab routes orders in exchange-listed equity and index options to Wolverine Execution Services LLC, Susquehanna International Group, Morgan Stanley, Citadel LLC, and Citigroup , which employ smart order routing technology to seek best execution. Payments received for routing orders through these intermediaries averaged less than $0.34 per contract for orders executed in the quarter.
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