1.2 Interactive Brokers 2020 3 2021-03-01T16:40:36Z 2020 7 98.48 0.34 27.57 69.75 2.34 Nasdaq Stock Market XNAS 34.19 1.41 9.45 44.18 32.39 -12 -5.3949 -222733 -27.1569 460595 27.2427 -18211 -8.5874 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. New York Stock Exchange XNYS 23.45 0.00 2.74 30.42 63.10 0 -64544 -26.4642 246853 17.1188 -25718 -10.0343 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. NYSE Arca ARCX 10.44 0.00 3.56 13.57 0.00 0 -92395 -29.2540 29051 23.4798 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. IBKR ATS IATS 7.72 0.00 26.22 0.70 0.00 0 0 0.0000 0 0.0000 0 IBKR operates the IBKR ATS in accordance with SEC Regulation ATS, on which it executes IBKR client orders against each other or against one or more professional liquidity providers who send orders into the IBKR ATS. Order executions on the IBKR ATS are faster, eliminate exchange fees, and may offer Price Improvement. Statistical information regarding the quality of executions for orders effected through the IBKR ATS (e.g., average execution speed, percentage of orders receiving Price Improvement, etc.) is available on the IBKR website at: https://ibkr.com/regulatoryreports. Citadel Securities CDED 4.73 25.34 11.24 2.20 0.44 27631 43.7656 31000 6.0927 16484 30.2381 0 0.0000 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. Virtu Financial Inc. VIRT 3.30 12.33 4.54 2.87 0.19 10880 43.0000 21404 6.4147 38804 28.3967 0 0.0000 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. IEX IEXD 3.15 0.00 8.52 1.11 0.96 0 -3802 -4.4502 -1545 -4.4694 -0 -4.3490 Jane Street Execution Services JSES 2.67 60.92 3.33 2.21 0.00 34187 44.0000 57058 31.6015 13234 30.6214 0 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. UBS ATS UBSA 2.38 0.00 8.63 0.00 0.00 0 0 0.0000 0 0 97.52 0.26 28.87 66.65 4.22 Nasdaq Stock Market XNAS 37.40 1.22 10.74 48.72 43.33 -44 -5.4895 -1568039 -26.2658 2925502 21.7880 -48943 -7.2236 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. NYSE Arca ARCX 18.69 0.00 5.29 24.46 20.35 0 -822308 -26.7345 526087 21.1100 -29124 -13.3541 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. New York Stock Exchange XNYS 12.67 0.00 2.03 16.16 31.12 0 -267289 -25.1995 770007 15.1525 -48526 -10.2671 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. IBKR ATS IATS 6.12 0.00 19.02 0.94 0.00 0 0 0.0000 0 0.0000 0 IBKR operates the IBKR ATS in accordance with SEC Regulation ATS, on which it executes IBKR client orders against each other or against one or more professional liquidity providers who send orders into the IBKR ATS. Order executions on the IBKR ATS are faster, eliminate exchange fees, and may offer Price Improvement. Statistical information regarding the quality of executions for orders effected through the IBKR ATS (e.g., average execution speed, percentage of orders receiving Price Improvement, etc.) is available on the IBKR website at: https://ibkr.com/regulatoryreports. Citadel Securities CDED 4.04 40.29 11.94 0.71 0.19 69277 41.0883 97968 4.9069 42126 21.0411 0 0.0000 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. IEX IEXD 3.32 0.00 9.55 0.84 0.11 0 -14516 -4.7711 -5102 -4.1407 -2 -7.5366 CBOE EDGX Exchange EDGX 3.13 0.00 5.41 2.31 0.60 0 -888705 -24.9464 107271 8.7572 -518 -17.4326 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. UBS ATS UBSA 2.90 0.00 10.03 0.00 0.00 0 0 0.0000 0 0 Virtu Financial Inc. VIRT 1.94 16.64 4.39 0.94 0.08 37257 42.9871 59634 3.3057 83892 29.4246 0 0.0000 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. 99.82 0.14 6.56 50.16 43.14 Cboe EDGX Options Exchange EDGO 13.52 7.05 8.37 7.81 20.96 2776 20.9932 814140 65.5038 440144 20.9350 1055273 51.4955 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. NYSE Arca Options ARCO 13.48 9.04 6.91 11.56 16.74 -2195 -23.1223 -401211 -54.7814 407456 64.0996 846180 40.8528 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq Options Market XNDQ 12.10 3.04 11.25 22.63 0.00 -2845 -48.1448 -770468 -40.2699 1433796 48.4947 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq ISE XISX 10.95 49.68 2.12 6.40 17.45 -30288 -37.2336 -153787 -36.4147 179525 59.9850 490049 33.6018 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Chicago Board Options Exchange XCBO 10.84 2.91 14.46 11.44 9.62 -823 -26.4732 943806 86.0994 7844 0.2862 -456543 -25.7221 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. CBOE C2 Exchange C2OX 9.90 3.85 2.81 6.85 14.54 -564 -17.6304 -394667 -44.2691 342050 39.2019 202353 18.7542 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq PHLX XPHL 7.71 1.62 6.57 1.09 15.60 -380 -24.6110 485855 52.3672 7212 6.4273 177928 13.1954 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq GEMX GMNI 5.71 6.82 3.70 10.88 0.00 1229 19.8969 -250816 -50.9725 839121 46.0405 -138 -50.1196 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Cboe BZX Options Exchange BATS 5.39 2.96 7.53 9.76 0.00 -3105 -51.4118 -870708 -53.1127 644980 71.1879 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. MIAX Emerald Exchange EMLD 4.73 2.93 1.26 9.25 0.00 184 5.0849 -59608 -41.7622 573878 43.1345 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. 2020 8 97.04 0.31 26.99 69.93 2.78 Nasdaq Stock Market XNAS 36.53 2.63 9.14 47.10 40.26 -7 -4.0233 -191148 -26.7381 422265 27.2761 -15276 -8.4511 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. New York Stock Exchange XNYS 22.74 0.00 2.66 29.26 56.40 0 -59472 -26.6575 190393 16.7519 -24845 -10.0395 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. NYSE Arca ARCX 9.81 0.00 3.42 12.71 0.00 0 -76626 -29.0233 22800 21.8265 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. IBKR ATS IATS 7.49 0.00 27.07 0.27 0.00 0 0 0.0000 0 0.0000 0 IBKR operates the IBKR ATS in accordance with SEC Regulation ATS, on which it executes IBKR client orders against each other or against one or more professional liquidity providers who send orders into the IBKR ATS. Order executions on the IBKR ATS are faster, eliminate exchange fees, and may offer Price Improvement. Statistical information regarding the quality of executions for orders effected through the IBKR ATS (e.g., average execution speed, percentage of orders receiving Price Improvement, etc.) is available on the IBKR website at: https://ibkr.com/regulatoryreports. Citadel Securities CDED 4.25 27.46 11.46 1.52 0.39 9998 43.9891 15608 3.4631 10491 29.8626 0 0.0000 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. IEX IEXG 3.11 0.00 8.28 1.25 0.26 0 -3239 -4.6193 -1499 -4.6324 -1 -8.0504 Virtu Financial Inc. VIRT 3.00 15.35 4.28 2.57 0.21 11002 42.9997 18833 6.4459 15845 30.0254 0 0.0000 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. UBS ATS UBSA 2.40 0.00 8.91 0.00 0.00 0 0 0.0000 0 0 Jane Street Execution Services JSES 1.82 54.57 3.01 1.20 0.00 19115 43.9998 36863 27.1352 9055 30.7287 0 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. 94.47 0.25 28.21 66.65 4.88 Nasdaq Stock Market XNAS 35.81 1.48 10.22 46.21 43.49 -66 -6.1309 -1195846 -26.3253 2399625 22.3864 -50586 -7.2280 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. NYSE Arca ARCX 17.59 0.00 5.11 22.73 20.46 0 -650352 -26.4179 436163 21.1280 -31909 -13.2254 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. New York Stock Exchange XNYS 14.19 0.00 2.12 18.09 31.29 0 -223681 -25.1483 620622 14.8002 -48179 -10.1623 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. IBKR ATS IATS 6.23 0.00 20.69 0.59 0.00 0 0 0.0000 0 0.0000 0 IBKR operates the IBKR ATS in accordance with SEC Regulation ATS, on which it executes IBKR client orders against each other or against one or more professional liquidity providers who send orders into the IBKR ATS. Order executions on the IBKR ATS are faster, eliminate exchange fees, and may offer Price Improvement. Statistical information regarding the quality of executions for orders effected through the IBKR ATS (e.g., average execution speed, percentage of orders receiving Price Improvement, etc.) is available on the IBKR website at: https://ibkr.com/regulatoryreports. Citadel Securities CDED 4.14 46.41 12.26 0.83 0.21 68482 41.5404 99444 5.3695 37499 23.1974 0 0.0000 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. IEX IEXG 3.17 0.00 9.17 0.86 0.09 0 -13259 -4.8962 -4324 -4.1383 -1 -5.8502 CBOE EDGX Exchange EDGX 3.02 0.00 5.45 2.18 0.56 0 -714169 -24.8850 106319 11.0573 -441 -14.3583 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. NYSE American XASE 2.92 0.00 0.82 3.90 1.75 0 -71284 -23.3637 53224 22.4703 -2699 -5.0000 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. UBS ATS UBSA 2.82 0.00 9.98 0.00 0.00 0 0 0.0000 0 0 Virtu Financial Inc. VIRT 1.96 15.91 4.18 1.11 0.09 35220 41.6096 53256 3.7155 73857 29.7822 0 0.0000 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. 99.76 0.13 7.67 50.30 41.90 Cboe EDGX Options Exchange EDGO 13.28 6.40 8.34 6.82 21.97 1921 20.9118 756973 71.5779 357640 20.8721 1133879 51.4351 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq Options Market XNDQ 12.77 3.22 10.73 23.75 0.00 -2199 -48.9533 -835580 -40.6093 1274114 44.7181 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Chicago Board Options Exchange XCBO 12.29 3.25 13.19 12.41 12.01 -332 -10.8533 863950 92.4438 102945 3.5834 -577191 -33.9788 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. NYSE Arca Options ARCO 11.59 9.36 6.10 11.10 13.19 -1054 -14.7109 -406925 -55.3808 306831 64.9601 981528 40.6174 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. MIAX Emerald Exchange EMLD 10.25 3.55 1.47 10.91 11.07 128 4.8507 -68384 -41.8516 582585 42.9497 310585 29.2381 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. CBOE C2 Exchange C2OX 9.65 4.87 3.40 5.68 15.57 -750 -17.2175 -472255 -44.2382 275939 36.9538 187340 14.1978 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq ISE XISX 9.01 47.26 2.55 6.42 13.19 -21778 -34.9577 -164818 -34.3223 150459 74.6541 496448 34.0806 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq GEMX GMNI 5.88 7.49 3.61 11.13 0.00 432 11.0681 -273116 -50.4894 857754 49.6369 -108 -49.6590 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq PHLX XPHL 5.41 1.57 4.74 0.76 11.12 -314 -17.8986 421950 52.6263 3433 3.7931 119907 9.6131 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Cboe BZX Options Exchange BATS 5.25 3.19 7.67 9.26 0.00 -3422 -52.4159 -989614 -53.3055 728577 73.9808 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. 2020 9 93.12 0.30 25.64 71.51 2.55 Nasdaq Stock Market XNAS 42.09 3.27 9.67 54.15 34.57 -23 -7.5106 -168122 -24.5011 469919 26.9566 -25333 -8.9502 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. New York Stock Exchange XNYS 21.23 0.00 2.60 26.53 62.62 0 -54643 -26.4665 183881 16.9033 -26121 -10.0375 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. NYSE Arca ARCX 9.78 0.00 3.47 12.43 0.00 0 -75419 -27.7180 23782 22.2408 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. IBKR ATS IATS 8.13 0.00 31.44 0.10 0.00 0 0 0.0000 0 0.0000 0 IBKR operates the IBKR ATS in accordance with SEC Regulation ATS, on which it executes IBKR client orders against each other or against one or more professional liquidity providers who send orders into the IBKR ATS. Order executions on the IBKR ATS are faster, eliminate exchange fees, and may offer Price Improvement. Statistical information regarding the quality of executions for orders effected through the IBKR ATS (e.g., average execution speed, percentage of orders receiving Price Improvement, etc.) is available on the IBKR website at: https://ibkr.com/regulatoryreports. Citadel Securities CDED 2.96 28.90 9.19 0.71 0.39 12197 42.8930 22223 5.8018 10622 30.1534 0 0.0000 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. IEX IEXD 2.91 0.00 7.88 1.23 0.38 0 -2959 -4.5472 -1614 -4.3092 -1 -7.5243 UBS ATS UBSA 2.01 0.00 7.83 0.00 0.00 0 0 0.0000 0 0 CBOE EDGX Exchange EDGX 1.64 0.00 4.03 0.81 1.11 0 -94457 -24.7655 6111 21.0384 -71 -12.8737 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. 92.59 0.28 26.64 68.83 4.25 Nasdaq Stock Market XNAS 38.88 2.78 10.63 49.68 43.46 -186 -7.5008 -1117161 -26.0882 2306232 22.5370 -44411 -7.3875 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. NYSE Arca ARCX 19.33 0.00 5.34 24.78 20.19 0 -614234 -26.2288 518767 19.6557 -31764 -13.2371 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. New York Stock Exchange XNYS 13.10 0.00 2.12 16.24 31.89 0 -236380 -25.6119 595739 14.6092 -42772 -10.3516 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. IBKR ATS IATS 6.17 0.00 22.12 0.40 0.00 0 0 0.0000 0 0.0000 0 IBKR operates the IBKR ATS in accordance with SEC Regulation ATS, on which it executes IBKR client orders against each other or against one or more professional liquidity providers who send orders into the IBKR ATS. Order executions on the IBKR ATS are faster, eliminate exchange fees, and may offer Price Improvement. Statistical information regarding the quality of executions for orders effected through the IBKR ATS (e.g., average execution speed, percentage of orders receiving Price Improvement, etc.) is available on the IBKR website at: https://ibkr.com/regulatoryreports. Citadel Securities CDED 3.35 32.41 10.52 0.65 0.21 60276 41.0645 93857 6.0723 41485 23.5457 0 0.0000 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. IEX IEXD 3.03 0.00 9.24 0.82 0.03 0 -12840 -4.8888 -3564 -4.5407 -4 -7.8818 UBS ATS UBSA 2.50 0.00 9.40 0.00 0.00 0 0 0.0000 0 0 CBOE EDGX Exchange EDGX 2.34 0.00 5.49 1.24 0.55 0 -623298 -24.6445 66481 15.2291 -352 -14.5477 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. CBOE BZX Exchange BATS 1.67 0.00 2.03 1.53 1.79 0 -189719 -25.6485 13222 9.6320 -2070 -7.4686 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. 99.78 0.17 8.35 53.31 38.18 MIAX Emerald Exchange EMLD 13.80 6.87 7.84 14.25 14.51 1749 26.9796 -65272 -36.7830 964629 44.4101 420809 30.4869 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Cboe EDGX Options Exchange EDGO 13.46 6.35 7.70 7.62 22.91 2415 20.9363 875798 95.8103 505253 20.9285 1199309 52.0719 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq Options Market XNDQ 12.75 3.75 10.71 22.22 0.00 -2935 -48.4850 -731069 -40.6683 1264390 44.8528 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. NYSE Arca Options ARCO 11.98 8.13 5.23 11.59 14.02 -2211 -24.4500 -372102 -55.0351 405114 66.3385 1054019 40.2243 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Chicago Board Options Exchange XCBO 10.09 2.82 10.99 11.31 8.22 -255 -11.8774 859125 104.9797 42126 1.4264 -753245 -37.3222 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. CBOE C2 Exchange C2OX 9.29 7.63 3.80 7.64 12.79 -2425 -26.7489 -447239 -43.1352 500993 38.8189 165499 13.5779 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq ISE XISX 8.58 46.97 2.59 5.83 13.55 -25306 -34.9425 -76679 -27.1133 146479 82.2920 488647 35.2522 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq PHLX XPHL 5.36 1.43 3.37 0.79 12.19 -169 -12.6502 454840 77.3918 -2928 -2.4430 -7311 -0.5547 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Cboe BZX Options Exchange BATS 5.20 2.31 5.91 8.81 0.00 -2597 -52.5904 -841221 -53.3555 684378 75.5070 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq GEMX GMNI 5.05 5.10 2.83 9.02 0.00 973 19.1276 -218053 -52.1704 776891 46.4940 -215 -50.0605 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients.