NASDAQ Securities
.....
First Quarter 2004
| Non-Directed Orders as a Percentage of Total Customer Orders Having a Market Value Less Than $200,000: |
100 %
|
||||||||||||||||||
|
Percentage of Non-Directed Customer Orders That
Were:
|
Market
|
Limit
|
Other (includes "Not Held")
|
||||||||||||||||
|
0%
|
0%
|
100%
|
|||||||||||||||||
|
Routing Information Concerning Significant Venues
All information relates to customer orders
of less than $200,000
|
|||||||||||||||||||
|
Percentage of Orders Routed to
Significant Venues
|
Total Non-Directed Orders
|
Non-Directed Market Orders
|
Non-Directed Limit Orders
|
Non-Directed Other Orders
|
Relationship
|
||||||||||||||
|
Instinet
|
23.99 %
|
0%
|
0%
|
23.99%
|
|
||||||||||||||
|
Archipelago
|
20.65 %
|
0%
|
0%
|
20.65 %
|
|
||||||||||||||
|
Brut
|
12.84 %
|
0%
|
0%
|
12.84 %
|
|
||||||||||||||
|
SuperSOES
|
8.73 %
|
0%
|
0%
|
8.73 %
|
|
||||||||||||||
