Below we provide the links to order execution data and routing information as required by the Securities and Exchange Commission rules and regulations.
NMS Rule 605 - Order Execution Information
Howe Barnes provides this order execution information pursuant to NMS Rule 605. Click Howe Barnes Rule 605 Data to access our data files.
This data is intended to provide you with an indication of the type of execution are clients receive for stocks in which Howe Barnes is a market maker and for which SEC Rule 605 is applicable.
NMS Rule 606 - Order Routing Information
Howe Barnes provides this order routing information pursuant to NMS Rule 606. Click Howe Barnes Rule 606 Data to access our most recent report.
Howe Barnes takes into consideration many factors when determining where to route customers’ orders. These include opportunities for price improvement, speed of execution, market depth and order size, cost of execution and the reputation of a particular venue.
Howe Barnes actively monitors the execution quality provided by the different market makers and exchanges, and routes orders to venues that have provided consistent, high-quality executions over time.
