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Arrangements with Market Venues

For the Quarter Ending September 30, 2017

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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