1.2 Interactive Brokers 2022 4 2023-01-10T18:16:28Z 2022 10 65.12 0.60 32.53 64.87 2.01 Nasdaq Stock Market XNAS 35.10 10.83 15.18 45.32 34.88 -439 -8.0673 -135295 -23.7239 504789 26.7584 -29532 -10.1967 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. New York Stock Exchange XNYS 18.51 0.00 1.83 25.71 61.75 0 -42503 -22.1166 143654 17.9970 -24441 -8.0573 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. CBOE EDGX Exchange EDGX 14.16 0.00 2.08 20.71 2.29 0 -38868 -22.3115 71713 21.8701 -39 -7.2588 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. IBKR ATS IATS 8.71 0.00 26.25 0.27 0.00 0 0 0.0000 0 0.0000 0 IBKR operates the IBKR ATS in accordance with SEC Regulation ATS. IBKR uses the IBKR ATS to execute IBKR client orders against each other or against one or more professional liquidity providers who quote 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. XTX Execution Services LLC XTXE 2.41 0.00 6.96 0.23 0.00 0 0 0.0000 0 0.0000 0 IEX IEXD 2.30 0.00 5.08 1.00 0.03 0 -9871 -6.4369 -664 -3.1748 -6 -6.8873 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. NYSE Arca ARCX 1.83 0.00 3.89 0.87 0.00 0 -92603 -28.0792 4618 25.7896 0 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. UBS ATS UBSA 1.76 0.00 5.41 0.00 0.00 0 0 0.0000 0 0 SG Americas Securities, LLC SGAS 1.68 0.00 5.17 0.00 0.00 0 0 0.0000 0 0 HRT Execution Services LLC HRTX 1.62 0.00 4.98 0.00 0.00 0 0 0.0000 0 0 Virtu Americas LLC "PRO" VIRT 1.44 0.00 4.42 0.00 0.00 0 0 0.0000 0 0 CBOE BYX Exchange BATY 1.37 0.00 0.61 1.81 0.07 0 367 0.9081 -154 -3.1023 0 1.6522 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. 68.29 0.31 26.22 70.73 2.74 NYSE Arca ARCX 22.63 0.00 6.67 28.49 26.93 0 -740548 -23.6265 964004 27.3666 -33565 -11.5708 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Nasdaq Stock Market XNAS 22.31 5.14 9.79 26.41 38.43 -386 -6.0509 -977426 -23.2469 1460766 17.1295 -58987 -9.1643 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. New York Stock Exchange XNYS 15.26 0.00 2.16 19.64 29.25 0 -207904 -23.8915 549688 17.1537 -43571 -7.9117 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. CBOE EDGX Exchange EDGX 13.53 0.00 3.23 17.88 1.26 0 -329600 -21.0390 387202 17.1926 -71 -5.3954 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. IBKR ATS IATS 4.14 0.00 15.38 0.15 0.00 0 0 0.0000 0 0.0000 0 IBKR operates the IBKR ATS in accordance with SEC Regulation ATS. IBKR uses the IBKR ATS to execute IBKR client orders against each other or against one or more professional liquidity providers who quote 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. IEX IEXD 2.26 0.00 7.06 0.58 0.02 0 -25798 -6.3911 -2162 -3.1652 -8 -6.6329 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. HRT Execution Services LLC HRTX 2.02 0.00 7.69 0.00 0.00 0 0 0.0000 0 0 MIAX PEARL Equities EPRL 1.85 0.00 1.95 1.89 0.00 0 -185226 -27.6531 98502 28.3032 0 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Citadel Securities "PRO" CDRG 1.63 0.00 6.21 0.00 0.00 0 0 0.0000 0 0 UBS ATS UBSA 1.60 0.00 6.09 0.00 0.00 0 0 0.0000 0 0 CBOE BZX Exchange BATS 1.59 0.00 2.62 1.19 2.19 0 -239360 -26.7072 4179 15.1776 -6288 -24.6218 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Virtu Americas LLC "PRO" VIRT 1.36 0.00 5.18 0.00 0.00 0 0 0.0000 0 0 99.82 0.11 10.75 54.19 34.95 Chicago Board Options Exchange XCBO 23.00 18.99 17.51 23.63 23.71 -1234 -44.2500 114930 3.8181 -1221099 -29.9239 -1848750 -34.1903 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. NYSE Arca Options ARCO 20.46 25.03 6.61 28.83 11.73 -2528 -69.1168 -664770 -50.7276 1267950 57.4675 278866 11.4204 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. CBOE C2 Exchange C2OX 15.04 10.47 3.76 14.01 20.12 1421 41.7493 -891060 -42.1146 1078012 41.3555 545391 24.7530 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Cboe EDGX Options Exchange EDGO 8.69 0.00 7.70 8.51 9.29 0 1890580 108.1703 987921 20.9586 946641 51.0270 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Nasdaq Options Market XNDQ 7.49 0.00 3.99 13.02 0.00 0 -350383 -38.5981 745129 65.1327 0 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Nasdaq ISE XISX 4.41 28.43 5.18 1.13 9.20 -1814 -10.3769 -107852 -9.1019 51779 79.1177 411827 26.0443 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. MIAX Emerald Exchange EMLD 4.38 6.70 1.37 2.22 8.64 245 37.0060 -75387 -33.1557 296976 43.1783 613416 34.9397 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Nasdaq MRX MCRY 4.18 0.01 25.71 0.03 4.01 0 0.0000 1484806 31.9367 5843 28.6250 262676 26.8841 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Nasdaq PHLX XPHL 3.42 0.96 2.59 0.55 8.13 -8 -1.9765 579868 58.4942 1154 1.7162 -4356 -0.3734 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. 2022 11 71.87 0.48 30.47 67.11 1.93 Nasdaq Stock Market XNAS 29.33 12.33 21.73 32.73 35.37 -51 -5.5367 -116589 -23.6886 344592 25.5018 -41842 -11.5343 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. CBOE EDGX Exchange EDGX 25.47 0.00 2.26 36.82 3.46 0 -34683 -19.1229 197043 24.6967 -11 -3.1671 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. New York Stock Exchange XNYS 17.26 0.00 1.70 23.22 59.97 0 -27197 -22.4024 94680 17.7418 -22477 -7.6720 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. IBKR ATS IATS 7.71 0.00 24.84 0.21 0.00 0 0 0.0000 0 0.0000 0 IBKR operates the IBKR ATS in accordance with SEC Regulation ATS. IBKR uses the IBKR ATS to execute IBKR client orders against each other or against one or more professional liquidity providers who quote 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. XTX Execution Services LLC XTXE 2.31 0.00 7.04 0.24 0.00 0 0 0.0000 0 0.0000 0 IEX IEXG 1.95 0.00 4.59 0.82 0.02 0 -8496 -6.3787 -598 -2.8654 -2 -6.7562 UBS ATS UBSA 1.69 0.00 5.55 0.00 0.00 0 0 0.0000 0 0 HRT Execution Services LLC HRTX 1.49 0.00 4.90 0.00 0.00 0 0 0.0000 0 0 SG Americas Securities, LLC SGAS 1.43 0.00 4.68 0.00 0.00 0 0 0.0000 0 0 NYSE Arca ARCX 1.43 0.00 3.20 0.67 0.00 0 -66752 -27.4667 3397 25.8582 0 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. 70.68 0.31 25.60 71.33 2.76 CBOE EDGX Exchange EDGX 23.97 0.00 3.38 32.32 2.02 0 -363781 -19.2897 831099 14.1318 -68 -3.4536 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Nasdaq Stock Market XNAS 18.88 4.82 13.88 19.97 38.38 -97 -4.8401 -965706 -23.3008 1063061 20.8132 -70001 -8.9103 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. NYSE Arca ARCX 17.80 0.00 6.08 21.79 25.49 0 -705757 -22.4434 852696 26.6022 -35778 -11.6422 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. New York Stock Exchange XNYS 15.40 0.00 2.40 19.57 30.19 0 -236004 -23.4294 651047 16.9696 -46208 -7.3891 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. IBKR ATS IATS 3.84 0.00 14.60 0.15 0.00 0 0 0.0000 0 0.0000 0 IBKR operates the IBKR ATS in accordance with SEC Regulation ATS. IBKR uses the IBKR ATS to execute IBKR client orders against each other or against one or more professional liquidity providers who quote 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. IEX IEXD 2.09 0.00 6.72 0.52 0.02 0 -29787 -6.4153 -2168 -2.9497 -9 -6.7476 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. HRT Execution Services LLC HRTX 2.04 0.00 7.99 0.00 0.00 0 0 0.0000 0 0 UBS ATS UBSA 1.46 0.00 5.71 0.00 0.00 0 0 0.0000 0 0 Citadel Securities "PRO" CDRG 1.46 0.00 5.68 0.00 0.00 0 0 0.0000 0 0 CBOE BZX Exchange BATS 1.39 0.00 2.60 0.95 1.94 0 -241648 -26.0575 3492 15.9543 -6700 -23.8486 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Virtu Americas LLC "PRO" VIRT 1.20 0.00 4.70 0.00 0.00 0 0 0.0000 0 0 MIAX PEARL Equities EPRL 1.13 0.00 1.70 0.98 0.00 0 -162618 -27.5163 57308 27.9339 0 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. 99.45 0.12 10.12 50.75 39.01 Chicago Board Options Exchange XCBO 21.18 15.74 17.14 23.49 19.23 -1374 -37.7456 733377 18.6030 -1072165 -23.9748 -1626870 -30.2023 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. NYSE Arca Options ARCO 20.52 26.09 7.24 29.84 11.82 -5572 -74.4332 -646142 -50.4121 1482855 57.3191 -149244 -5.5671 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. CBOE C2 Exchange C2OX 16.60 8.74 4.20 16.06 20.55 1571 41.4877 -877745 -42.0801 1174555 41.4579 538572 26.6142 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Cboe EDGX Options Exchange EDGO 8.08 0.00 7.38 7.83 8.60 0 1748277 102.6415 900445 20.9483 861896 50.7984 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Nasdaq Options Market XNDQ 7.39 0.00 4.05 13.75 0.00 0 -382528 -40.8952 607044 53.1663 0 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Nasdaq ISE XISX 4.93 29.66 4.06 0.84 10.39 -2757 -14.8332 -75355 -7.5786 48217 81.4386 318238 25.3233 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Nasdaq MRX MCRY 4.61 0.00 24.99 0.03 5.29 0 1384207 32.0304 5899 31.4411 239157 25.2253 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. MIAX Emerald Exchange EMLD 4.40 8.18 1.61 1.48 8.90 139 34.6219 -84261 -35.1074 207872 43.2294 694384 41.2292 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Nasdaq PHLX XPHL 4.12 1.33 3.82 0.48 8.94 0 0.0000 823398 55.2931 4292 5.6972 -6027 -0.5971 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. 2022 12 75.36 0.44 30.45 67.23 1.88 Nasdaq Stock Market XNAS 34.23 13.85 26.02 38.05 35.15 -48 -5.3586 -112836 -24.2578 430858 25.2928 -33250 -11.0694 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. CBOE EDGX Exchange EDGX 21.16 0.00 2.03 30.46 3.75 0 -39225 -23.2251 72233 24.5666 -5 -1.3875 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. New York Stock Exchange XNYS 17.04 0.00 1.60 22.94 59.98 0 -34179 -23.5002 79277 17.6190 -23416 -7.9195 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. IBKR ATS IATS 7.75 0.00 25.05 0.18 0.00 0 0 0.0000 0 0.0000 0 IBKR operates the IBKR ATS in accordance with SEC Regulation ATS. IBKR uses the IBKR ATS to execute IBKR client orders against each other or against one or more professional liquidity providers who quote 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. XTX Execution Services LLC XTXE 2.09 0.00 6.38 0.22 0.00 0 0 0.0000 0 0.0000 0 NYSE Arca ARCX 1.97 0.00 2.76 1.68 0.00 0 -54836 -25.8654 8685 24.4172 0 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. IEX IEXG 1.67 0.00 3.73 0.80 0.02 0 -8340 -8.4165 -698 -3.1813 -2 -9.3355 SG Americas Securities, LLC SGAS 1.58 0.00 5.19 0.00 0.00 0 0 0.0000 0 0 UBS ATS UBSA 1.51 0.00 4.94 0.00 0.00 0 0 0.0000 0 0.0000 0 HRT Execution Services LLC HRTX 1.27 0.00 4.17 0.00 0.00 0 0 0.0000 0 0 72.68 0.32 25.76 70.93 2.99 CBOE EDGX Exchange EDGX 21.94 0.00 3.39 29.62 2.04 0 -378895 -18.5915 385735 13.9463 -79 -4.4312 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Nasdaq Stock Market XNAS 21.03 6.66 12.97 23.31 38.05 -52 -4.5691 -932032 -21.7334 1369810 15.1438 -68075 -9.3759 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. NYSE Arca ARCX 18.08 0.00 6.49 21.95 28.32 0 -731881 -21.0423 786926 23.6240 -34907 -11.6783 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. New York Stock Exchange XNYS 14.58 0.00 2.30 18.55 27.95 0 -228308 -23.2948 558759 16.3168 -47942 -7.8853 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. IBKR ATS IATS 3.89 0.00 14.70 0.14 0.00 0 0 0.0000 0 0.0000 0 IBKR operates the IBKR ATS in accordance with SEC Regulation ATS. IBKR uses the IBKR ATS to execute IBKR client orders against each other or against one or more professional liquidity providers who quote 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. IEX IEXD 2.15 0.00 6.84 0.55 0.02 0 -32788 -8.1617 -3270 -3.8924 -9 -9.2553 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. HRT Execution Services LLC HRTX 1.98 0.00 7.70 0.00 0.00 0 0 0.0000 0 0 Citadel Securities "PRO" CDRG 1.60 0.00 6.19 0.00 0.00 0 0 0.0000 0 0 UBS ATS UBSA 1.49 0.00 5.77 0.00 0.00 0 0 0.0000 0 0 CBOE BZX Exchange BATS 1.15 0.00 2.50 0.64 1.84 0 -225160 -24.5395 5605 13.9704 -7300 -22.9839 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Virtu Americas LLC "PRO" VIRT 1.15 0.00 4.45 0.00 0.00 0 0 0.0000 0 0 Citadel Securities "LITE" CDED 1.13 34.18 0.97 1.08 0.21 41835 15.8016 68774 8.9774 52541 18.7550 0 0.0000 IBKR-LITE clients are charged zero commission for NMS stock and ETF orders, except for certain order types, orders that execute at the open or close, and orders that execute outside of regular trading hours (“Outside-RTH”), if the volume of such On Open and On Close orders or Outside-RTH in any given month exceeds a certain percentage of the account's aggregate US stock trading volume in that same month. IBKR-LITE orders are normally 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 (subject to certain exclusions detailed below). For trades executed with respect to a marketable customer order, each market maker pays IBKR a rebate of 12% of the spread between the National Best Bid and Offer of the routed stock at the time the order was received by the market maker. For trades executed with respect to a non-marketable customer order, each market maker pays IBKR $0.27 per 100 shares for execution prices greater than or equal to $1.00 and $0.0027 per 100 shares for execution prices less than $1.00. A potential effect of these payments is reduced price improvement on executions received by IBKR-LITE clients, in proportion to the payment received by IBKR. For both marketable and non-marketable orders, IBKR receives no payments for executions outside of regular trading hours and executions resulting from On Open and On Close orders. 99.86 0.16 9.71 47.71 42.43 NYSE Arca Options ARCO 18.37 26.93 6.54 26.79 11.58 -2344 -66.3198 -522630 -50.5528 1182366 59.8208 -302792 -14.9324 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. CBOE C2 Exchange C2OX 17.39 10.03 4.40 18.42 19.22 1296 41.7956 -776746 -41.9474 1203284 41.4290 451465 25.2898 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Chicago Board Options Exchange XCBO 16.86 10.73 19.22 16.11 17.18 -737 -31.3636 558425 12.4416 -933773 -41.6181 -1248675 -28.8953 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Cboe EDGX Options Exchange EDGO 9.73 0.00 7.18 11.36 8.51 0 1957397 133.7245 1137780 20.9766 751377 49.7573 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Nasdaq ISE XISX 6.09 27.52 3.74 3.28 9.70 -1727 -9.6213 -88582 -11.4941 359735 85.4803 224471 24.9200 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Nasdaq Options Market XNDQ 5.47 0.00 3.10 10.84 0.00 0 -269735 -41.7256 387770 48.8989 0 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Nasdaq MRX MCRY 5.34 0.00 23.88 0.03 7.08 0 1324703 32.4941 4943 29.9484 195258 10.0527 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. Nasdaq PHLX XPHL 4.79 3.15 4.39 2.00 8.03 -3 -0.4876 820025 53.4638 3818 1.7372 -2384 -0.3061 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. MIAX Emerald Exchange EMLD 4.40 4.60 1.50 1.41 8.43 348 40.8239 -78161 -38.9512 189400 43.2718 544578 40.8058 To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients. BOX Exchange XBOX 3.74 0.57 8.88 0.20 6.57 8 6.9298 1029615 59.4618 3946 27.6620 52944 56.5733 An affiliate under common control with IBKR has a substantial, minority investment in the Boston Options Exchange Group LLC, which operates the Boston Options Exchange. To the extent that IBKR receives volume discounts, such discounts are not passed on to clients. Likewise, to the extent that IBKR receives enhanced rebate payments for exceeding volume thresholds on particular markets, it does not pass these enhanced rebate amounts directly to clients.