1.2 NATIONAL FINANCIAL SERVICES LLC 2022 03 2022-10-20T10:36:51Z 2022 07 9.86 98.99 0.65 0.13 0.24 Citadel Securities LLC CDRG 29.46 34.14 40.47 39.54 0.89 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. VIRTU Americas, LLC NITE 21.29 24.41 57.61 48.80 0.26 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. G1 Execution Services, LLC ETMM 19.40 22.90 0.62 0.11 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Jane Street Capital, LLC JNST 14.47 17.08 0.29 0.00 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. National Financial Services LLC XSTM 13.41 0.00 0.00 0.00 93.99 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders may be routed to NFS’s Alternative Trading System, CrossStream. NFS is not charged an explicit fee for orders executed in CrossStream but may receive a trading commission from the contra-side party against which the order executed. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market." NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Two Sigma Securities, LLC SOHO 0.83 0.98 0.00 0.00 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. UBS Securities, LLC UBSS 0.42 0.48 0.00 0.00 0.12 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” Goldman, Sachs & Co. GSCO 0.09 0.00 0.00 0.00 0.66 0 0.0000 0 0.0000 0 0.0000 -18 -10.0000 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” UBS Securities LLC - ATS UBSA 0.08 0.00 0.00 0.00 0.56 0 0.0000 0 0.0000 0 0.0000 -15 -10.0000 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” JP Morgan Securities LLC JPMS 0.08 0.00 0.00 0.00 0.55 0 0.0000 0 0.0000 0 0.0000 -9 -12.0000 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market. 4.01 96.79 1.55 1.29 0.37 Citadel Securities LLC CDRG 25.44 34.58 36.41 7.47 0.17 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. National Financial Services LLC XSTM 19.56 0.00 0.00 0.00 76.19 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders may be routed to NFS’s Alternative Trading System, CrossStream. NFS is not charged an explicit fee for orders executed in CrossStream but may receive a trading commission from the contra-side party against which the order executed. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market." NFS does not accept payment for order flow, rebates, or other remuneration from this venue. G1 Execution Services, LLC ETMM 17.02 23.53 0.69 0.25 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. VIRTU Americas, LLC NITE 16.95 22.74 47.94 8.18 0.06 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Jane Street Capital, LLC JNST 12.72 17.59 0.48 0.13 0.01 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Goldman, Sachs & Co. GSCO 0.77 0.00 0.00 0.00 3.00 0 0.0000 0 0.0000 0 0.0000 -117 -10.0000 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” Cboe BZX U.S. Equities Exchange BATS 0.75 0.00 0.98 61.25 0.01 0 0.0000 -167 -29.6164 449 13.6542 -12 -5.1802 NFS may be charged fees or receive rebates for orders executed on specific equities exchanges Rebates are generally for limit orders required to be displayed on exchange per the SEC Limit Order Display Rule but may also include marketable orders executed on certain exchanges. Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://www.cboe.com/us/equities/membership/fee_schedule/bzx/ Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” Credit Suisse Securities (USA) LLC FBCO 0.74 0.00 0.21 0.13 2.87 0 0.0000 -171 -18.5839 -3 -31.0000 -41 -6.5504 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. NFS may route orders for additional routing to Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC, and VIRTU Americas LLC. Orders routed further by Credit Suisse Securities (USA) LLC are sent to exchanges which incur fees and rebates based on the exchange rules, subject to SEC approval, and are non-negotiable. Execution fees and rebates incurred by Credit Suisse Securities (USA) LLC for routing these orders are passed back to NFS plus an additional router fee. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” Two Sigma Securities, LLC SOHO 0.73 1.00 0.02 0.03 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. JP Morgan Securities LLC JPMS 0.73 0.00 0.00 0.00 2.83 0 0.0000 0 0.0000 0 0.0000 -117 -12.0000 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market. 99.82 0.00 0.00 0.00 100.00 NYSE Arca Options ARCA 33.41 0.00 0.00 0.00 33.41 0 0.0000 0 0.0000 0 0.0000 8857 36.0800 NFS may be charged fees or receive rebates for orders executed on specific options exchanges. Fees and rebates are set by exchange rules, subject to SEC approval, are non-negotiable, and may include tiers based on volume thresholds. Visit exchange websites directly for detailed price lists: https://www.nyse.com/publicdocs/nyse/markets/arca-options/NYSE_Arca_Options_Fee_Schedule.pdf NASDAQ Options Market NSDQ 25.51 0.00 0.00 0.00 25.51 0 0.0000 0 0.0000 0 0.0000 -2382 -21.3200 NFS may be charged fees or receive rebates for orders executed on specific options exchanges. Fees and rebates are set by exchange rules, subject to SEC approval, are non-negotiable, and may include tiers based on volume thresholds. Visit exchange websites directly for detailed price lists: https://listingcenter.nasdaq.com/rulebook/nasdaq/rules/nasdaq-options-7 Cboe BZX Options Exchange, Inc. BATS 21.12 0.00 0.00 0.00 21.12 0 0.0000 0 0.0000 0 0.0000 -416 -7.0700 NFS may be charged fees or receive rebates for orders executed on specific options exchanges. Fees and rebates are set by exchange rules, subject to SEC approval, are non-negotiable, and may include tiers based on volume thresholds. Visit exchange websites directly for detailed price lists: https://www.cboe.com/us/options/membership/fee_schedule/bzx/ Cboe Options Exchange CBOE 17.83 0.00 0.00 0.00 17.83 0 0.0000 0 0.0000 0 0.0000 -1874 -24.7200 NFS may be charged fees or receive rebates for orders executed on specific options exchanges. NFS does not negotiate, set rates for, or solicit payment for order flow on options orders. However, NFS may generate rebates (e.g. Marketing Fees) associated with the routing of orders to CBOE options exchange. Fees and rebates are set by exchange rules, subject to SEC approval, are non-negotiable, and may include tiers based on volume thresholds. Visit exchange websites directly for detailed price lists: https://www.cboe.com/us/options/membership/fee_schedule 2022 08 9.30 99.31 0.44 0.12 0.13 Citadel Securities LLC CDRG 30.56 35.09 49.03 38.38 0.44 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. VIRTU Americas, LLC NITE 22.57 25.84 49.38 37.19 0.19 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. G1 Execution Services, LLC ETMM 21.62 25.14 0.53 0.00 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. National Financial Services LLC XSTM 12.57 0.00 0.00 0.00 94.47 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders may be routed to NFS’s Alternative Trading System, CrossStream. NFS is not charged an explicit fee for orders executed in CrossStream but may receive a trading commission from the contra-side party against which the order executed. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market." NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Jane Street Capital, LLC JNST 10.63 12.36 0.40 0.24 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Two Sigma Securities, LLC SOHO 0.91 1.06 0.00 0.48 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. UBS Securities, LLC UBSS 0.43 0.49 0.00 0.00 0.05 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” Goldman, Sachs & Co. GSCO 0.08 0.00 0.00 0.00 0.61 0 0.0000 0 0.0000 0 0.0000 -15 -10.0000 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” INTELLIGENT CROSS LLC INCR 0.08 0.00 0.00 0.00 0.60 0 0.0000 0 0.0000 0 0.0000 -10 -8.0000 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” JP Morgan Securities LLC JPMS 0.08 0.00 0.00 0.00 0.59 0 0.0000 0 0.0000 0 0.0000 -21 -12.0000 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market. 3.85 96.15 1.91 1.41 0.53 Citadel Securities LLC CDRG 25.27 35.27 47.81 9.58 0.16 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. National Financial Services LLC XSTM 18.39 0.00 0.00 0.00 65.95 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders may be routed to NFS’s Alternative Trading System, CrossStream. NFS is not charged an explicit fee for orders executed in CrossStream but may receive a trading commission from the contra-side party against which the order executed. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market." NFS does not accept payment for order flow, rebates, or other remuneration from this venue. VIRTU Americas, LLC NITE 18.17 25.24 45.26 9.45 0.06 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. G1 Execution Services, LLC ETMM 17.90 25.43 1.52 0.39 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Jane Street Capital, LLC JNST 8.86 12.59 0.69 0.08 0.01 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. INTELLIGENT CROSS LLC INCR 1.11 0.00 0.00 0.00 3.99 0 0.0000 0 0.0000 0 0.0000 -52 -8.0000 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” Credit Suisse Securities (USA) LLC FBCO 1.10 0.00 0.11 0.10 3.92 0 0.0000 0 0.0000 0 0.0000 -9 -1.9871 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. NFS may route orders for additional routing to Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC, and VIRTU Americas LLC. Orders routed further by Credit Suisse Securities (USA) LLC are sent to exchanges which incur fees and rebates based on the exchange rules, subject to SEC approval, and are non-negotiable. Execution fees and rebates incurred by Credit Suisse Securities (USA) LLC for routing these orders are passed back to NFS plus an additional router fee. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” JP Morgan Securities LLC JPMS 1.08 0.00 0.00 0.00 3.86 0 0.0000 0 0.0000 0 0.0000 -69 -12.0000 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” EBX LLC EBXL 1.07 0.00 0.00 0.00 3.84 0 0.0000 0 0.0000 0 0.0000 -13 -6.0466 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. Orders may be routed through EBX LLC in which NFS or its affiliates have an interest. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” Morgan Stanley & Company LLC MSCO 1.06 0.00 0.00 0.00 3.80 0 0.0000 0 0.0000 0 0.0000 -289 -20.0000 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. NFS may route orders for additional routing to Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC, and VIRTU Americas LLC. Orders routed further by Morgan Stanley & Co. LLC are sent to exchanges which incur fees and rebates based on the exchange rules, subject to SEC approval, and are non-negotiable. Execution fees and rebates incurred by Morgan Stanley & Co. LLC for routing these orders are passed back to NFS plus an additional router fee. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market. 99.91 0.00 0.00 0.00 100.00 NYSE Arca Options ARCA 39.02 0.00 0.00 0.00 39.02 0 0.0000 0 0.0000 0 0.0000 6440 27.6800 NFS may be charged fees or receive rebates for orders executed on specific options exchanges. Fees and rebates are set by exchange rules, subject to SEC approval, are non-negotiable, and may include tiers based on volume thresholds. Visit exchange websites directly for detailed price lists: https://www.nyse.com/publicdocs/nyse/markets/arca-options/NYSE_Arca_Options_Fee_Schedule.pdf NASDAQ Options Market NSDQ 25.22 0.00 0.00 0.00 25.22 0 0.0000 0 0.0000 0 0.0000 -681 -7.9900 NFS may be charged fees or receive rebates for orders executed on specific options exchanges. Fees and rebates are set by exchange rules, subject to SEC approval, are non-negotiable, and may include tiers based on volume thresholds. Visit exchange websites directly for detailed price lists: https://listingcenter.nasdaq.com/rulebook/nasdaq/rules/nasdaq-options-7 Cboe BZX Options Exchange, Inc. BATS 19.18 0.00 0.00 0.00 19.18 0 0.0000 0 0.0000 0 0.0000 -299 -3.6700 NFS may be charged fees or receive rebates for orders executed on specific options exchanges. Fees and rebates are set by exchange rules, subject to SEC approval, are non-negotiable, and may include tiers based on volume thresholds. Visit exchange websites directly for detailed price lists: https://www.cboe.com/us/options/membership/fee_schedule/bzx/ Cboe Options Exchange CBOE 15.74 0.00 0.00 0.00 15.74 0 0.0000 0 0.0000 0 0.0000 -2020 -27.0400 NFS may be charged fees or receive rebates for orders executed on specific options exchanges. NFS does not negotiate, set rates for, or solicit payment for order flow on options orders. However, NFS may generate rebates (e.g. Marketing Fees) associated with the routing of orders to CBOE options exchange. Fees and rebates are set by exchange rules, subject to SEC approval, are non-negotiable, and may include tiers based on volume thresholds. Visit exchange websites directly for detailed price lists: https://www.cboe.com/us/options/membership/fee_schedule 2022 09 10.80 99.19 0.48 0.10 0.23 Citadel Securities LLC CDRG 29.63 34.72 62.53 38.44 0.74 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. VIRTU Americas, LLC NITE 23.16 27.27 34.41 29.50 0.28 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. G1 Execution Services, LLC ETMM 21.26 25.29 0.92 0.26 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. National Financial Services LLC XSTM 14.06 0.00 0.00 0.00 91.55 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders may be routed to NFS’s Alternative Trading System, CrossStream. NFS is not charged an explicit fee for orders executed in CrossStream but may receive a trading commission from the contra-side party against which the order executed. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market." NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Jane Street Capital, LLC JNST 9.45 11.24 0.35 0.00 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Two Sigma Securities, LLC SOHO 0.84 1.00 0.00 0.00 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. UBS Securities, LLC UBSS 0.41 0.47 0.00 0.00 0.09 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” UBS Securities LLC - ATS UBSA 0.14 0.00 0.00 0.00 0.92 0 0.0000 0 0.0000 0 0.0000 -34 -10.0000 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” Goldman, Sachs & Co. GSCO 0.14 0.00 0.00 0.00 0.92 0 0.0000 0 0.0000 0 0.0000 -30 -10.0000 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” JP Morgan Securities LLC JPMS 0.14 0.00 0.00 0.00 0.91 0 0.0000 0 0.0000 0 0.0000 -27 -12.0000 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market. 4.91 96.19 1.95 1.44 0.42 Citadel Securities LLC CDRG 24.94 34.91 51.98 7.54 0.25 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. National Financial Services LLC XSTM 19.29 0.00 0.00 0.00 68.65 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders may be routed to NFS’s Alternative Trading System, CrossStream. NFS is not charged an explicit fee for orders executed in CrossStream but may receive a trading commission from the contra-side party against which the order executed. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market." NFS does not accept payment for order flow, rebates, or other remuneration from this venue. VIRTU Americas, LLC NITE 19.05 26.74 33.31 6.76 0.10 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. G1 Execution Services, LLC ETMM 17.87 25.46 2.12 0.05 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Jane Street Capital, LLC JNST 7.99 11.38 0.85 0.04 0.01 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” NFS does not accept payment for order flow, rebates, or other remuneration from this venue. INTELLIGENT CROSS LLC INCR 1.08 0.00 0.00 0.00 3.83 0 0.0000 0 0.0000 0 0.0000 -23 -7.9435 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” JP Morgan Securities LLC JPMS 1.07 0.00 0.00 0.00 3.81 0 0.0000 0 0.0000 0 0.0000 -92 -12.0000 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” Credit Suisse Securities (USA) LLC FBCO 1.07 0.00 0.19 0.12 3.78 0 0.0000 -70 -13.7074 -1 -15.5491 -4 -0.9855 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. NFS may route orders for additional routing to Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC, and VIRTU Americas LLC. Orders routed further by Credit Suisse Securities (USA) LLC are sent to exchanges which incur fees and rebates based on the exchange rules, subject to SEC approval, and are non-negotiable. Execution fees and rebates incurred by Credit Suisse Securities (USA) LLC for routing these orders are passed back to NFS plus an additional router fee. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” Morgan Stanley & Company LLC MSCO 1.05 0.00 0.13 0.04 3.73 0 0.0000 -37 -16.4844 0 0.0000 -160 -20.0000 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. NFS may route orders for additional routing to Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC, and VIRTU Americas LLC. Orders routed further by Morgan Stanley & Co. LLC are sent to exchanges which incur fees and rebates based on the exchange rules, subject to SEC approval, and are non-negotiable. Execution fees and rebates incurred by Morgan Stanley & Co. LLC for routing these orders are passed back to NFS plus an additional router fee. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market.” EBX LLC EBXL 1.03 0.00 0.00 0.00 3.68 0 0.0000 0 0.0000 0 0.0000 -3 -6.3767 NFS may be charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. Orders may be routed through EBX LLC in which NFS or its affiliates have an interest. Orders to each venue are classified according to the parameters of the child order routed to the venue, not the parent order. For example, a customer market order routed to an ATS as a mid-point peg order will be classified as “Other,” not as “Market. 99.87 0.00 0.00 0.00 100.00 NYSE Arca Options ARCA 31.84 0.00 0.00 0.00 31.84 0 0.0000 0 0.0000 0 0.0000 4567 23.4000 NFS may be charged fees or receive rebates for orders executed on specific options exchanges. Fees and rebates are set by exchange rules, subject to SEC approval, are non-negotiable, and may include tiers based on volume thresholds. Visit exchange websites directly for detailed price lists: https://www.nyse.com/publicdocs/nyse/markets/arca-options/NYSE_Arca_Options_Fee_Schedule.pdf Cboe Options Exchange CBOE 24.05 0.00 0.00 0.00 24.05 0 0.0000 0 0.0000 0 0.0000 -1869 -26.7400 NFS may be charged fees or receive rebates for orders executed on specific options exchanges. NFS does not negotiate, set rates for, or solicit payment for order flow on options orders. However, NFS may generate rebates (e.g. Marketing Fees) associated with the routing of orders to CBOE options exchange. Fees and rebates are set by exchange rules, subject to SEC approval, are non-negotiable, and may include tiers based on volume thresholds. Visit exchange websites directly for detailed price lists: https://www.cboe.com/us/options/membership/fee_schedule/ NASDAQ Options Market NSDQ 22.24 0.00 0.00 0.00 22.24 0 0.0000 0 0.0000 0 0.0000 -707 -7.9900 NFS may be charged fees or receive rebates for orders executed on specific options exchanges. Fees and rebates are set by exchange rules, subject to SEC approval, are non-negotiable, and may include tiers based on volume thresholds. Visit exchange websites directly for detailed price lists: https://listingcenter.nasdaq.com/rulebook/nasdaq/rules/nasdaq-options-7 Cboe BZX Options Exchange, Inc. BATS 20.72 0.00 0.00 0.00 20.72 0 0.0000 0 0.0000 0 0.0000 -664 -12.0200 NFS may be charged fees or receive rebates for orders executed on specific options exchanges. Fees and rebates are set by exchange rules, subject to SEC approval, are non-negotiable, and may include tiers based on volume thresholds. Visit exchange websites directly for detailed price lists: https://www.cboe.com/us/options/membership/fee_schedule/bzx