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Re: learner1156 post# 82077

Friday, 05/28/2010 10:25:03 AM

Friday, May 28, 2010 10:25:03 AM

Post# of 165857
Are they just a run of the mill MM?

from http://www.raymondjames.com/order_routing.htm

RJA Order Routing Summary
As required by SEC Rule 606 and the Markets in Financial Instruments Directive (MiFID) in Europe, the data provided below represents order flow that has been sent to various market centers for execution. RJA has provided quantitative data for the venues that received the largest number of non-directed orders for each security type. Questions regarding this order routing summary may be directed to Tom Lombardi at 212-856-4386.

To view data for the New York Stock Exchange, the Nasdaq Stock Market, or the American Stock Exchange, please refer to www.tta.thomson.com/reports/1-6/raja

RJA acts as a market maker (Market Maker I.D.- RAJA) in some NASDAQ Stocks. Occasionally, RJA may execute eligible orders received from clients and other broker dealers against the firm’s proprietary inventory. RJA realizes 100% of any trading profits generated from trading with client orders as principal. While RJA does not receive payment for order flow in equity securities, some market centers do provide liquidity rebates.