Pursuant to SEC Rule 606, all broker-dealers are required by the Securities and Exchange Commission (“SEC”) and Financial Industry Regulatory Authority (“FINRA”) to inform their customers of payment for order flow practices.
tastyworks directs its customers’ orders to an electronic order router that determines where the order should be routed to obtain favorable execution. tastyworks may also use discretion in selecting a particular broker-dealer or market participant in which to route customer orders, and may participate in payment for order flow programs that result in tastyworks receiving compensation for directing such orders. The source and nature of such compensation received will be furnished upon written request.
tastyworks is committed to upholding the best execution for its customers. View our most recent 606 Report below for detailed information on the venues to which customer orders are routed.