Pursuant to SEC Rule 606 we are providing this information to the public.
Under Rule 606, broker-dealers that route customer orders in equity and option securities will be required to make publicly available quarterly reports that, among other things, identify the venues to which customer orders are routed for execution. In addition, broker-dealers are required to disclose to customers, on request, the venues to which their individual orders were routed. By making visible the execution quality of the securities markets, the rules are intended to spur more vigorous competition among market participants to provide the best possible prices for investor orders.
For securities trading with WR Hambrecht + Co:
- Click here for HAMR institutional order routing disclosure.
- Click here for retail order routing disclosure as represented by RBC Correspondent Services (DCSD).
Please note: In some cases large block orders from individual investors may be routed to the WR Hambrecht + Co trading desk.