JonesTrading Institutional Services LLC (JonesTrading) is using its website to make publicly available its order routing practices pursuant to SEC Rule 606.
These quarterly reports will be made available within one month after the end of the quarter addressed in the report.
Report Period: 3rd QTR, 2008
Securities Listed on NYSE
Summary Statistics:
(As percentage of total
customer orders and non-directed orders):
| Order Type | Percentage |
|---|---|
| Non-directed | 100% |
| Market orders | 0% |
| Limit orders | 0% |
| Other orders | 100% |
Venues Receiving Significant Percentage of Total Non-Directed Orders:
| Venue | Percentage |
|---|---|
| NYSE | 44.23% |
| NASDAQ | 21.75% |
| First Boston Credit Swiss | 15.08% |
| Archipelago Exchange | 14.85% |
| Bank Of America | 3.30% |
| Edge Trade | 0.44% |
| Chicago Exchange | 0.35% |
Information Concerning Significant Venues
Types of Orders Routed to Venue:
| Market Orders |
Limit Orders |
Other Orders |
Material Aspects of Relationship w/ this Venue |
||
|---|---|---|---|---|---|
| 1 | NYSE | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
| 2 | NASDAQ | 0.00% | 0.00% | 100.00% | As of November 1, 2002, JonesTrading is party to Instinet's standard Schedule of Transaction Fees for US broker-dealers. Under this schedule, JonesTrading is charged for routing U.S. Equities that take liquidity from the system and is rebated for U.S. Equities and Exchange Traded Funds (ETFs) shares that provide liquidity to the system. |
| 3 | First Boston Credit Swiss | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
| 4 | Archipelago Exchange | 0.00% | 0.00% | 100.00% | As of January 15, 2003, JonesTrading Institutional Services LLC. (JonesTrading) is party to Archipelago’s standard Schedule of Transaction Fees for US broker-dealers. Under this schedule JonesTrading is charged for routing OTC and listed shares that take liquidity from the system and is rebated for OTC and Exchange Traded Funds (EFTs) shares that provide liquidity to the system. |
| 5 | Bank Of America | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
| 6 | Edge Trade | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
| 7 | Chicago Exchange | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
Securities Listed on NASDAQ
Summary Statistics:
(As percentage of
total customer orders and non-directed orders):
| Order Type | Percentage |
|---|---|
| Non-directed | 100% |
| Market orders | 0% |
| Limit orders | 0% |
| Other orders | 100% |
Venues Receiving Significant Percentage of Total Non-Directed Orders:
| Venue | Percentage |
|---|---|
| First Boston Credit Swiss | 29.22% |
| NASDAQ | 28.82% |
| GNET | 21.13% |
| Archipelago Exchange | 11.46% | Bank Of America | 5.12% |
| Edge Trade | 3.94% |
| Knight Securities | 0.30% |
Information Concerning Significant Venues
Types of Orders Routed to Venue:
| Market Orders |
Limit Orders |
Other Orders |
Material Aspects of Relationship w/ this Venue |
||
|---|---|---|---|---|---|
| 1 | First Boston Credit Swiss | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
| 2 | NASDAQ | 0.00% | 0.00% | 100.00% | As of November 1, 2002, JonesTrading is party to Instinet's standard Schedule of Transaction Fees for US broker-dealers. Under this schedule, JonesTrading is charged for routing U.S. Equities that take liquidity from the system and is rebated for U.S. Equities and Exchange Traded Funds (ETFs) shares that provide liquidity to the system. |
| 3 | GNET | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
| 4 | Archipelago Exchange | 0.00% | 0.00% | 100.00% | As of January 15, 2003, JonesTrading Institutional Services LLC. (JonesTrading) is party to Archipelago’s standard Schedule of Transaction Fees for US broker-dealers. Under this schedule JonesTrading is charged for routing OTC and listed shares that take liquidity from the system and is rebated for OTC and Exchange Traded Funds (EFTs) shares that provide liquidity to the system. |
| 5 | Bank Of America | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
| 6 | Edge Trade | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
| 7 | Knight Securities | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
Securities Listed on AMEX/Other Exchanges
Summary Statistics:
(As
percentage of total customer orders and non-directed orders):
| Order Type | Percentage |
|---|---|
| Non-directed | 100% |
| Market orders | 0% |
| Limit orders | 0% |
| Other orders | 100% |
Venues Receiving Significant Percentage of Total Non-Directed Orders:
| Venue | Exchange |
|---|---|
| NASDAQ | 68.39% |
| Archipelago Exchange | 26.83% |
| AMEX | 2.72% |
| First Boston Credit Swiss | 1.21% |
| Chicago Exchange | 0.35% |
| Edge Trade | 0.24% |
| Bank Of America | 0.18% |
| NYSE | 0.07% |
Information Concerning Significant Venues
Types of Orders Routed to Venue:
| Market Orders |
Limit Orders |
Other Orders |
Material Aspects of Relationship w/ this Venue |
||
|---|---|---|---|---|---|
| 1 | NASDAQ | 0.00% | 0.00% | 100.00% | As of November 1, 2002, JonesTrading is party to Instinet's standard Schedule of Transaction Fees for US broker-dealers. Under this schedule, JonesTrading is charged for routing U.S. Equities that take liquidity from the system and is rebated for U.S. Equities and Exchange Traded Funds (ETFs) shares that provide liquidity to the system. |
| 2 | Archipelago Exchange | 0.00% | 0.00% | 100.00% | As of January 15, 2003, JonesTrading Institutional Services LLC. (JonesTrading) is party to Archipelago’s standard Schedule of Transaction Fees for US broker-dealers. Under this schedule JonesTrading is charged for routing OTC and listed shares that take liquidity from the system and is rebated for OTC and Exchange Traded Funds (EFTs) shares that provide liquidity to the system. |
| 3 | AMEX | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
| 4 | First Boston Credit Swiss | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
| 5 | Chicago Exchange | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
| 6 | Edge Trade | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
| 7 | Bank Of America | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
| 8 | NYSE | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
Exchange Listed Options
Summary Statistics:
(As percentage of total
customer orders and non-directed orders):
| Order Type | Percentage |
|---|---|
| Non-directed | 100% |
| Market orders | 0% |
| Limit orders | 0% |
| Other orders | 100% |
Venues Receiving Significant Percentage of Total Non-Directed Orders:
| Venue | Exchange |
|---|---|
| CBOE ( Chicago Board Options Exchange ) |
70.00% |
| ISX ( International Securities Exchange) | 21.00% |
| PHX ( Philadelphia Exchange ) | 5.00% |
| PCX ( Pacific Exchange ) | 3.00% |
| BOX ( Boston Exchange ) | 1.00% |
Information Concerning Significant Venues
Types of Orders Routed to Venue:
| Market Orders |
Limit Orders |
Other Orders |
Material Aspects of Relationship w/ this Venue |
||
|---|---|---|---|---|---|
| 1 | AMX (American Stock Exchange) | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
| 2 | BOX (Boston Exchange) | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
| 3 | CBOE (Chicago Board Options Exchange) | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
| 4 | ISX (International Securities Exchange) | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
| 5 | PCX (Pacific Exchange) | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
| 6 | PHX (Philadelphia Exchange) | 0.00% | 0.00% | 100.00% | JonesTrading does not have a profit sharing arrangement with or receive payment for order flow from this venue/market center. |
Customers may request the identity of the venue where specific orders were routed for execution for any order in the previous six (6) months by sending a written request to:
JonesTrading Institutional Services
Attn: Compliance Department
32133 Lindero Canyon Road
Suite 208
Westlake Village, CA 91361
Please include the security and trade date with your request.