SEC Rule 606
Disclosure of Order Routing Practices
NYSE Securities Quarter Ending MAR-2019*
| Exchange | Non-Directed | Market Orders | Limit | Others |
| Total Wedbush Securities, Inc. Orders | 100.00% | 38.48% | 16.14% | 45.38% |
| VIRTU AMERICAS LLC (NITW) | 65.09% | 73.97% | 73.48% | 54.59% |
| UBS SECURITIES LLC | 25.70% | 21.21% | 19.71% | 31.65% |
| CITADEL GROUP | 5.39% | 4.82% | 4.71% | 6.12% |
NASDAQ Securities Quarter Ending MAR-2019*
| Exchange | Non-Directed | Market Orders | Limit | Others |
| Total Wedbush Securities, Inc. Orders | 100.00% | 31.90% | 20.90% | 47.20% |
| VIRTU AMERICAS LLC (NITW) | 46.57% | 55.23% | 54.14% | 37.36% |
| UBS SECURITIES LLC | 38.18% | 35.83% | 39.25% | 39.29% |
| CITADEL GROUP | 7.43% | 8.58% | 5.29% | 7.59% |
| Wedbush Securities Inc. | 7.36% | 0.00% | 0.00% | 15.60% |
American Stock Exchange (and Regional Exchanges) Quarter Ending MAR-2019*
| Exchange | Non-Directed | Market Orders | Limit | Others |
| Total Wedbush Securities, Inc. Orders | 100.00% | 41.63% | 13.92% | 44.45% |
| UBS SECURITIES LLC | 53.40% | 57.12% | 59.03% | 48.15% |
| VIRTU AMERICAS LLC (NITW) | 45.22% | 42.82% | 40.11% | 49.07% |
Listed Options Quarter Ending MAR-2019*
| Exchange | Non-Directed | Market Order | Limit | Others |
| Total Wedbush Securities, Inc. Orders | 100.00% | 18.91% | 74.27% | 6.82% |
| AUTOMATED TRADING DESK FINANCIAL SERVICES LLC, OPTIONS | 50.55% | 50.19% | 50.22% | 55.15% |
| CITADEL GROUP, – OPTIONS | 29.72% | 29.28% | 30.30% | 24.61% |
| WOLVERINE EXECUTION SERVICES, LLC. – OPTIONS | 19.66% | 20.47% | 19.40% | 20.24% |
*Wedbush Securities has prepared this report in accordance with U.S. Securities and Exchange Commission Exchange Act Rule 606 that requires broker/dealers to make public, quarterly reports containing certain information on their order routing practices. The report provides information on the routing of “non-directed orders” which is generally defined as any order that the client has not specifically instructed to be routed to a particular venue for execution. The firm’s figures include those from our Correspondent broker-dealer customer orders which were routed to Wedbush Securities.