Important Information Regarding Order Routing and Execution


Click Here to view 606 Reporting

Rule 606 of the Securities Exchange Act of 1934 requires broker-dealers which route customer orders to make publicly available, for each calendar quarter, a report on its routing of customer orders and the venues to which non-directed orders are routed for execution. Huntleigh Securities Corporation routes 100% of its equity orders to its clearing firm, First Clearing¹. First Clearing uses the same SEC approved formula as DTCC to select positions for redemption.

In compliance with the SEC Rule, Huntleigh Securities provides quarterly order routing information for First Clearing through the above link. The information will be available prior to the end of the month following the quarter-end. (For example, information for the April 1 – June 30 quarter will be available no later than July 31st.) In addition, Huntleigh Securities will furnish a written copy of the order routing report, as well as information regarding execution of individual orders, upon customer request.

If you have questions regarding order routing, please contact your financial advisor or our Customer Service Department, at (314) 236-2400, or view the Rule 606 reporting through the link above.

Policy Regarding Receipt of Payment for Order Flow

Huntleigh Securities Corporation does not receive cash payment for directing order flow to other firms or market centers.

All customer orders are routed through First Clearing and sent to market facilities and/or market makers that will execute eligible market and marketable limit orders at prices no worse than the displayed national best bid or offer (NBBO). Each of these market facilities provides the opportunity for execution of these orders at prices better than the NBBO when possible. This information is being provided pursuant to SEC Rule 10b-10.

Partial Redemption/Call Policy

A general lottery (based on an SEC approved formula) is first run at the Depository Trust & Clearing Corporation (DTCC) to select which participating firms will be selected for redemptions. DTCC then informs our clearing firm (First Clearing) of its called amount. When First Clearing receives the transmission from DTCC, a redemption announcement is generated, which lets us know which of our customers’ positions were selected as a result of the lottery.

First Clearing uses the same SEC approved formula as DTCC to select positions for redemption.

¹First Clearing is a trade name used by Wells Fargo Clearing Services, LLC, Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company