HVD
HD VEST INVESTMENT SERVICES C/O NATIONAL FINANCIAL SERVICESPO BOX 145459 CINCINNATI, OH 45250-5459
Summary Statistics:
Non-directed orders as percentage of total customer orders 100.00% Market orders as percentage of total non-directed orders 88.72% Limit orders as percentage of total non-directed orders 9.29% Other orders as percentage of total non-directed orders 1.99%
Venues Receiving Significant Percentage of Total Non-Directed Orders:
Information Concerning Significant Venues :
1. Citadel Securities LLC
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 57.64% Limit orders as percentage of total non-directed orders 24.47% Other orders as percentage of total non-directed orders 39.42%
2. VIRTU Americas LLC
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 19.98% Limit orders as percentage of total non-directed orders 12.67% Other orders as percentage of total non-directed orders 29.23%
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3. G1 Execution Services, LLC
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 15.64% Limit orders as percentage of total non-directed orders 5.28% Other orders as percentage of total non-directed orders 1.54%
4. Two Sigma Securities, LLC
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 4.15% Limit orders as percentage of total non-directed orders 1.65% Other orders as percentage of total non-directed orders 3.46%
5. New York Stock Exchange
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 0.00% Limit orders as percentage of total non-directed orders 32.19% Other orders as percentage of total non-directed orders 10.58%
6. UBS Securities, LLC
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 2.33% Limit orders as percentage of total non-directed orders 0.83% Other orders as percentage of total non-directed orders 0.96%
7. Cboe EDGX U.S. Equities Exchange
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 0.00% Limit orders as percentage of total non-directed orders 13.21% Other orders as percentage of total non-directed orders 0.19%
8. NASDAQ Execution Services, LLC
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 0.00% Limit orders as percentage of total non-directed orders 8.05% Other orders as percentage of total non-directed orders 1.92%
9. H.D. Vest Investment Securities, INC.
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 0.23% Limit orders as percentage of total non-directed orders 0.00% Other orders as percentage of total non-directed orders 0.00%
10. Cboe BZX U.S. Equities Exchange
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 0.00% Limit orders as percentage of total non-directed orders 0.91% Other orders as percentage of total non-directed orders 1.73%
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Summary Statistics:
Non-directed orders as percentage of total customer orders 100.00% Market orders as percentage of total non-directed orders 90.40% Limit orders as percentage of total non-directed orders 7.44% Other orders as percentage of total non-directed orders 2.16%
Venues Receiving Significant Percentage of Total Non-Directed Orders:
1. Citadel Securities LLC
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 57.94% Limit orders as percentage of total non-directed orders 22.82% Other orders as percentage of total non-directed orders 62.95%
2. VIRTU Americas LLC
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 19.80% Limit orders as percentage of total non-directed orders 11.97% Other orders as percentage of total non-directed orders 19.50%
3. G1 Execution Services, LLC
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 15.57% Limit orders as percentage of total non-directed orders 5.42% Other orders as percentage of total non-directed orders 0.84%
4. Two Sigma Securities, LLC
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 4.12% Limit orders as percentage of total non-directed orders 1.13% Other orders as percentage of total non-directed orders 0.00%
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5. NASDAQ Execution Services, LLC
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 0.00% Limit orders as percentage of total non-directed orders 42.48% Other orders as percentage of total non-directed orders 7.52%
6. UBS Securities, LLC
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 2.14% Limit orders as percentage of total non-directed orders 1.13% Other orders as percentage of total non-directed orders 0.28%
7. Cboe EDGX U.S. Equities Exchange
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 0.00% Limit orders as percentage of total non-directed orders 11.65% Other orders as percentage of total non-directed orders 0.00%
8. H.D. Vest Investment Securities, INC.
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 0.39% Limit orders as percentage of total non-directed orders 0.00% Other orders as percentage of total non-directed orders 0.00%
9. Cboe BZX U.S. Equities Exchange
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 0.00% Limit orders as percentage of total non-directed orders 3.40% Other orders as percentage of total non-directed orders 0.84%
10. Credit Suisse Securities (USA) LLC
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 0.00% Limit orders as percentage of total non-directed orders 0.00% Other orders as percentage of total non-directed orders 3.62%
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Summary Statistics:
Non-directed orders as percentage of total customer orders 100.00% Market orders as percentage of total non-directed orders 95.31% Limit orders as percentage of total non-directed orders 3.45% Other orders as percentage of total non-directed orders 1.23%
Venues Receiving Significant Percentage of Total Non-Directed Orders:
1. Citadel Securities LLC
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 58.88% Limit orders as percentage of total non-directed orders 17.34% Other orders as percentage of total non-directed orders 61.25%
2. VIRTU Americas LLC
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 20.00% Limit orders as percentage of total non-directed orders 8.43% Other orders as percentage of total non-directed orders 25.20%
3. G1 Execution Services, LLC
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 15.02% Limit orders as percentage of total non-directed orders 3.59% Other orders as percentage of total non-directed orders 4.88%
4. Two Sigma Securities, LLC
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 3.66% Limit orders as percentage of total non-directed orders 1.45% Other orders as percentage of total non-directed orders 4.61%
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5. UBS Securities, LLC
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 2.14% Limit orders as percentage of total non-directed orders 1.94% Other orders as percentage of total non-directed orders 3.79%
6. Cboe EDGX U.S. Equities Exchange
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 0.00% Limit orders as percentage of total non-directed orders 27.81% Other orders as percentage of total non-directed orders 0.00%
7. Cboe BZX U.S. Equities Exchange
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 0.00% Limit orders as percentage of total non-directed orders 16.09% Other orders as percentage of total non-directed orders 0.00%
8. NYSE Arca
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 0.00% Limit orders as percentage of total non-directed orders 12.11% Other orders as percentage of total non-directed orders 0.00%
9. NASDAQ Execution Services, LLC
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 0.00% Limit orders as percentage of total non-directed orders 10.17% Other orders as percentage of total non-directed orders 0.27%
10. H.D. Vest Investment Securities, INC.
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 0.28% Limit orders as percentage of total non-directed orders 0.00% Other orders as percentage of total non-directed orders 0.00%
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Summary Statistics:
Non-directed orders as percentage of total customer orders 100.00% Market orders as percentage of total non-directed orders 58.64% Limit orders as percentage of total non-directed orders 41.00% Other orders as percentage of total non-directed orders 0.36%
Venues Receiving Significant Percentage of Total Non-Directed Orders:
1. Cboe Options Exchange
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 47.77% Limit orders as percentage of total non-directed orders 15.10% Other orders as percentage of total non-directed orders 81.25%
2. NASDAQ PHLX Options
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 24.04% Limit orders as percentage of total non-directed orders 15.10% Other orders as percentage of total non-directed orders 18.75%
3. BOX Option Exchange
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 11.25% Limit orders as percentage of total non-directed orders 3.25% Other orders as percentage of total non-directed orders 0.00%
4. NASDAQ Options Market
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 0.81% Limit orders as percentage of total non-directed orders 17.36% Other orders as percentage of total non-directed orders 0.00%
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5. NYSE Arca Options
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 1.19% Limit orders as percentage of total non-directed orders 11.96% Other orders as percentage of total non-directed orders 0.00%
6. ISE Gemini Options Exchange
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 1.39% Limit orders as percentage of total non-directed orders 10.80% Other orders as percentage of total non-directed orders 0.00%
7. Cboe BZX Options Exchange, Inc.
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 2.27% Limit orders as percentage of total non-directed orders 9.42% Other orders as percentage of total non-directed orders 0.00%
8. Cboe EDGX Option Exchange
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 1.50% Limit orders as percentage of total non-directed orders 6.89% Other orders as percentage of total non-directed orders 0.00%
9. The MIAX Options Exchange
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 2.93% Limit orders as percentage of total non-directed orders 4.41% Other orders as percentage of total non-directed orders 0.00%
10. NYSE American Options
Types of Orders Routed to Venue :
Market orders as percentage of total non-directed orders 3.24% Limit orders as percentage of total non-directed orders 1.16% Other orders as percentage of total non-directed orders 0.00%
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