1.2 INCA 2020 4 2021-08-03T17:00:51Z 2020 10 20.09 0.01 8.15 24.37 67.46 Nasdaq XNAS 40.01 83.69 6.91 46.33 41.72 477.5722 11.4356 -19989.3047 -28.5671 -3994.5035 -8.1968 -12873.2897 -12.9758 The Nasdaq Stock Market (“NASDAQ”) provides tiered pricing. Instinet pays fees and receives rebates based upon NASDAQ’s pricing schedule. The pricing schedule provided by NASDAQ, including the pricing for each tier, is available to the public http://www.nasdaqtrader.com/Trader.aspx?id=PriceListTrading2. During October 2020, Instinet paid, on average, a net fee of $ 0.0018 per share for orders it routed to NASDAQ. Cboe BZX Exchange BATS 27.00 11.00 3.75 27.61 29.59 59.1754 11.6042 -11403.8096 -27.8830 3764.5527 9.5364 -244.9811 -0.5611 Cboe BZX Exchange, Inc. (“Cboe BZX”) provides tiered pricing. Instinet pays fees and receives rebates based upon Cboe BZX’s pricing schedule. The pricing schedule provided by Cboe BZX, including the pricing for each tier, is available to the public https://markets.cboe.com/us/equities/membership/fee_schedule/bzx/. During October 2020, Instinet paid, on average, a net fee of $ 0.0003 per share for orders it routed to Cboe BZX. NYSE Arca ARCX 4.54 0.00 4.14 7.31 3.60 0.0000 0.0000 -10077.1590 -29.2379 -2291.3250 -13.6827 -13123.0865 -18.0827 NYSE ARCA, Inc. (“ARCA”) provides tiered pricing. Instinet pays fees and receives rebates based upon ARCA’s pricing schedule. The pricing schedule provided by ARCA, including the pricing for each tier, is available to the public https://www.nyse.com/publicdocs/nyse/markets/nyse-arca/NYSE_Arca_Marketplace_Fees.pdf. During October 2020, Instinet paid, on average, a net fee of $ 0.0022 per share for orders it routed to ARCA. Nasdaq BX XBOS 2.43 0.63 3.54 0.63 2.94 -0.8800 -20.0000 1311.4401 11.1135 -237.2549 -3.9010 -897.5791 -7.1712 Nasdaq BX, Inc. (“Nasdaq BX”) provides tiered pricing. Instinet pays fees and receives rebates based upon Nasdaq BX’s pricing schedule. The pricing schedule provided by Nasdaq BX, including the pricing for each tier, is available to the public http://www.nasdaqtrader.com/trader.aspx?id=bx_pricing. During October 2020, Instinet paid, on average, a net fee of $0.0001 per share for orders it routed to Nasdaq BX. New York Stock Exch XNYS 2.37 0.25 10.35 1.72 1.64 -0.6766 -27.5041 -28655.2402 -27.5480 -9048.1609 -21.6699 -17781.7976 -23.5691 New York Stock Exchange LLC (“NYSE”) provides tiered pricing. Instinet pays fees and receives rebates based upon NYSE’s pricing schedule. The pricing schedule provided by NYSE, including the pricing for each tier, is available to the public https://www.nyse.com/publicdocs/nyse/markets/nyse/NYSE_Price_List.pdf. During October 2020, Instinet paid, on average, a net fee of $ 0.0025 per share for orders it routed to NYSE. Cboe EDGA Exchange, Inc. EDGA 2.25 0.00 4.73 0.73 2.50 0.0000 0.0000 3461.3868 20.5496 1130.9242 19.3412 2369.5314 20.8429 Cboe EDGA Exchange, Inc. (“Cboe EDGA”) provides tiered pricing. Instinet pays fees and receives rebates based upon Cboe EDGA’s pricing schedule. The pricing schedule provided by Cboe EDGA, including the pricing for each tier, is available to the public https://markets.cboe.com/us/equities/membership/fee_schedule/edga/. During October 2020, Instinet received, on average, a net rebate of $0.0020 per share for orders it routed to Cboe EDGA. Cboe BYX Exchange, Inc. BATY 1.79 0.38 3.54 0.59 2.00 0.0000 0.0000 1826.9560 13.7311 22.5783 0.3632 -1169.6122 -6.2232 Cboe BYX Exchange, Inc. (“Cboe BYX”) provides tiered pricing. Instinet pays fees and receives rebates based upon Cboe BYX’s pricing schedule. The pricing schedule provided by Cboe BYX, including the pricing for each tier, is available to the public https://markets.cboe.com/us/equities/membership/fee_schedule/byx/. During October 2020, Instinet received, on average, a net rebate of $0.0003 per share for orders it routed to Cboe BYX. Instinet CBX ICBX 1.74 0.00 6.90 2.64 0.79 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 Instinet owns and operates the Instinet CBX ATS. Instinet receives a commission from both sides of any transaction occurring in CBX (subject to the fee schedule in effect between Instinet and the relevant subscriber). Additional information regarding the Instinet CBX is available https://www.sec.gov/divisions/marketreg/form-ats-n-filings.htm. UBS Securities LLC - UBS ATS UBSA 1.72 0.00 4.89 1.06 1.57 0.0000 0.0000 -493.4760 -10.0000 -198.4560 -10.0000 -237.7270 -10.0000 UBS Securities LLC Instinet is a subscriber to the UBS ATS and pays a fee for executions occurring in the UBS ATS. Credit Suisse Securities (USA) CROS 1.57 0.00 4.22 0.94 1.47 0.0000 0.0000 -63.1770 -10.0000 -48.5280 -10.0000 -49.3130 -10.0000 Instinet is a subscriber to the CrossFinder ATS and pays a fee for executions occurring in the CrossFinder ATS. 3.93 0.01 11.07 24.16 64.76 Nasdaq XNAS 53.96 62.55 6.40 39.42 67.52 -248.7277 -4.6255 -79245.1665 -28.1338 -11641.6692 -6.3135 -86038.3991 -16.3996 The Nasdaq Stock Market (“NASDAQ”) provides tiered pricing. Instinet pays fees and receives rebates based upon NASDAQ’s pricing schedule. The pricing schedule provided by NASDAQ, including the pricing for each tier, is available to the public http://www.nasdaqtrader.com/Trader.aspx?id=PriceListTrading2. During October 2020, Instinet paid, on average, a net fee of $ 0.0018 per share for orders it routed to NASDAQ. Cboe BZX Exchange BATS 11.72 31.70 3.58 21.65 9.40 44.0254 1.5763 -44827.3796 -27.0863 26730.6296 16.4492 -863.3649 -0.2561 Cboe BZX Exchange, Inc. (“Cboe BZX”) provides tiered pricing. Instinet pays fees and receives rebates based upon Cboe BZX’s pricing schedule. The pricing schedule provided by Cboe BZX, including the pricing for each tier, is available to the public https://markets.cboe.com/us/equities/membership/fee_schedule/bzx/. During October 2020, Instinet paid, on average, a net fee of $ 0.0003 per share for orders it routed to Cboe BZX. New York Stock Exch XNYS 5.96 0.08 6.98 4.75 6.24 -0.3108 -27.5044 -74103.9386 -27.1006 -12747.5729 -18.7724 -49204.5235 -23.2211 New York Stock Exchange LLC (“NYSE”) provides tiered pricing. Instinet pays fees and receives rebates based upon NYSE’s pricing schedule. The pricing schedule provided by NYSE, including the pricing for each tier, is available to the public https://www.nyse.com/publicdocs/nyse/markets/nyse/NYSE_Price_List.pdf. During October 2020, Instinet paid, on average, a net fee of $ 0.0025 per share for orders it routed to NYSE. NYSE Arca ARCX 4.40 0.00 4.16 6.35 3.71 0.0000 0.0000 -54881.2082 -28.5804 -10680.0244 -14.0396 -82588.6178 -21.1778 NYSE ARCA, Inc. (“ARCA”) provides tiered pricing. Instinet pays fees and receives rebates based upon ARCA’s pricing schedule. The pricing schedule provided by ARCA, including the pricing for each tier, is available to the public hhttps://www.nyse.com/publicdocs/nyse/markets/nyse-arca/NYSE_Arca_Marketplace_Fees.pdf. During October 2020, Instinet paid, on average, a net fee of $ 0.0022 per share for orders it routed to ARCA. Instinet CBX ICBX 2.50 0.00 5.86 3.71 1.47 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 Instinet owns and operates the Instinet CBX ATS. Instinet receives a commission from both sides of any transaction occurring in CBX (subject to the fee schedule in effect between Instinet and the relevant subscriber). Additional information regarding the Instinet CBX is available https://www.sec.gov/divisions/marketreg/form-ats-n-filings.htm. Level ATS LEVL 2.13 0.00 5.08 3.60 1.07 0.0000 0.0000 -2186.1354 -6.1678 -574.3404 -6.2406 -1303.0572 -6.0514 Instinet is a subscriber to the Level ATS. Instinet generally pays a flat fee for executions in Level ATS. However, in instances where Instinet designates an order as only eligible to interact with certain other Level ATS subscribers, Instinet will not pay an execution fee. CBOE EDGX Exchange, Inc. EDGX 2.06 4.30 3.08 4.23 1.07 96.7148 25.0174 -39008.7395 -25.4704 -6851.9130 -16.7936 -46897.2733 -22.1461 Cboe EDGX Exchange, Inc. (“Cboe EDGX”) provides tiered pricing. Instinet pays fees and receives rebates based upon Cboe EDGX’s pricing schedule. The pricing schedule provided by Cboe EDGX, including the pricing for each tier, is available to the public https://markets.cboe.com/us/equities/membership/fee_schedule/edgx/. During October 2020, Instinet paid, on average, a net fee of $ 0.0022 per share for orders it routed to Cboe EDGX. UBS Securities LLC - UBS ATS UBSA 1.48 0.00 4.99 1.71 0.79 0.0000 0.0000 -1787.0620 -10.0000 -472.9020 -10.0000 -1075.8940 -10.0000 Instinet is a subscriber to the UBS ATS and pays a fee for executions occurring in the UBS ATS. JP Morgan Securities LLC JPMX 1.44 0.00 5.53 1.39 0.76 0.0000 0.0000 -1048.1260 -10.0000 -220.4180 -10.0000 -341.1790 -10.0000 Instinet is a subscriber to the JPM-X ATS and pays a fee for executions occurring in the JPM-X ATS. Credit Suisse Securities (USA) CROS 1.26 0.00 4.11 1.38 0.72 0.0000 0.0000 -492.7270 -10.0000 -315.3350 -10.0000 -303.4440 -10.0000 Instinet is a subscriber to the CrossFinder ATS and pays a fee for executions occurring in the CrossFinder ATS. 4.53 0.00 4.28 94.76 0.96 Nasdaq Options Market XNDQ 55.42 0.00 13.92 57.00 85.22 0.0000 0.0000 -644.3600 -47.8367 12140.8400 32.1424 290.8700 48.9680 NASDAQ Options Market (“NOM”) provides tiered pricing. Instinet pays fees and receives rebates based upon NOM’s pricing schedule. The pricing schedule provided by NOM, including the pricing for each tier, is available to the public http://nasdaqtrader.com/Micro.aspx?id=OptionsPricing. During October 2020, Instinet received, on average, a net rebate of $0.30 per contract for orders it routed to NOM. NYSE ARCA Options ARCO 19.36 0.00 17.92 19.54 8.26 0.0000 0.0000 -1508.9500 -92.4036 13028.8200 30.0549 594.6100 47.5308 NYSE ARCA Options (“ARCA Options”) provides tiered pricing. Instinet pays fees and receives rebates based upon ARCA Options’ pricing schedule. The pricing schedule provided by ARCA Options, including the pricing for each tier, is available to the public https://www.nyse.com/publicdocs/nyse/markets/arca-options/NYSE_Arca_Options_Fee_Schedule.pdf. During October 2020, Instinet received, on average, a net rebate of $0.26 per contract for orders it routed to ARCA Options. Cboe BZX Options Exchange BATO 5.03 0.00 10.42 4.81 3.04 0.0000 0.0000 -721.3500 -57.2500 -9505.9000 -55.4409 -140.5000 -50.0000 Cboe BZX Options Exchange (“BZX Options”) provides tiered pricing. Instinet pays fees and receives rebates based upon BZX Options’ pricing schedule. The pricing schedule provided by BZX Options, including the pricing for each tier, is available to the public at https://markets.cboe.com/us/options/membership/fee_schedule/bzx/. During October 2020, Instinet paid, on average, a net fee of $0.53 per contract for orders it routed to BZX Options. Nasdaq GEMX, LLC GMNI 3.70 0.00 12.85 3.33 0.00 0.0000 0.0000 -2607.0100 -86.8135 -9804.2300 -91.2276 0.0000 0.0000 Nasdaq GEMX, LLC (“GEMX”) provides tiered pricing. Instinet pays fees and receives rebates based upon GEMX’s pricing schedule. The pricing schedule provided by GEMX, including the pricing for each tier, is available to the public http://nasdaqgemx.cchwallstreet.com/tools/PlatformViewer.asp?searched=1&selectednode=chp%5F1%5F1%5F2%5F15&CiRestriction=schedule&manual=%2Fcontents%2FGEMX%2Fnasdaq%2Dgemx%2Drules%2F. During October 2020, Instinet paid, on average, a net fee of $0.90 per contract for orders it routed to GEMX. CBOE Exchange XCBO 3.26 0.00 5.94 3.17 0.00 0.0000 0.0000 -345.2900 -56.7911 -5757.0625 -69.8673 0.0000 0.0000 Cboe Exchange, Inc. (“Cboe”) provides tiered pricing. Instinet pays fees and receives rebates based upon Cboe’s pricing schedule. The pricing schedule provided by Cboe, including the pricing for each tier, is available to the public https://cdn.cboe.com/resources/membership/Cboe_FeeSchedule.pdf. During October 2020, Instinet paid, on average, a net fee of $0.69 per contract for orders it routed to Cboe. Separately, in accordance with Cboe’s market maker preferencing program, Instinet has preferenced a market maker on Cboe. Instinet receives payments from the preferenced market maker in connection with transactions effected by Instinet on Cboe. Such payments are provided by the relevant market maker, and not by the Exchange MIAX Pearl, LLC MPRL 2.57 0.00 7.79 2.35 0.87 0.0000 0.0000 -880.2500 -88.3785 -4151.1300 -67.4980 -1.5000 -50.0000 MIAX PEARL, LLC (“Pearl”) provides tiered pricing. Instinet pays fees and receives rebates based upon Pearl’s pricing schedule. The pricing schedule provided by Pearl, including the pricing for each tier, is available to the public https://www.miaxoptions.com/sites/default/files/fee_schedule-files/MIAX_PEARL_Fee_Schedule_04012020.pdf. During October 2020, Instinet paid, on average, a net fee of $0.70 per contract for orders it routed to Pearl. Separately, in accordance with Pearl’s market maker preferencing program, Instinet has preferenced a market maker on Pearl. Instinet receives payments from the preferenced market maker in connection with transactions effected by Instinet on Pearl. Such payments are provided by the relevant market maker, and not by the Exchange Nasdaq ISE XISX 2.35 0.00 5.16 2.24 0.87 0.0000 0.0000 -411.9900 -74.7713 -1912.8700 -56.4102 0.0000 0.0000 Nasdaq ISE, LLC (“ISE”) provides tiered pricing. Instinet pays fees and receives rebates based upon ISE’s pricing schedule. The pricing schedule provided by ISE, including the pricing for each tier, is available to the public http://ise.cchwallstreet.com/tools/PlatformViewer.asp?searched=1&selectednode=chp%5F1%5F1%5F2%5F15&CiRestriction=schedule&manual=%2Fcontents%2FISE%2Fise%2Drules%2F. During October 2020, Instinet paid, on average, a net fee of $0.59 per contract for orders it routed to ISE. Separately, in accordance with ISE’s market maker preferencing program, Instinet has preferenced a market maker on ISE. Instinet receives payments from the preferenced market maker in connection with transactions effected by Instinet on ISE. Such payments are provided by the relevant market maker, and not by the Exchange. C2 Options Exchange, Inc. C2OX 1.70 0.00 4.28 1.58 1.74 0.0000 0.0000 -215.6200 -52.0821 -1577.4700 -51.8393 -5.6400 -47.0000 Instinet pays fees and receives rebates based upon Cboe C2 Options Exchange’s (“C2”) pricing schedule. During October 2020, Instinet paid, on average, a net fee of $0.52 per contract for orders it routed to C2. MIAX Emerald, LLC. EMLD 1.51 0.00 3.89 1.41 0.00 0.0000 0.0000 -318.4000 -80.6076 -2226.1900 -63.8243 0.0000 0.0000 MIAX Emerald, LLC (“Emerald”) provides tiered pricing. Instinet pays fees and receives rebates based upon Emerald’s pricing schedule. The pricing schedule provided by Emerald, including the pricing for each tier, is available to the public https://www.miaxoptions.com/sites/default/files/fee_schedule-files/MIAX_Emerald_Fee_Schedule_04012020.pdf. During October 2020, Instinet paid, on average, a net fee of $0.66 per contract for orders it routed to Emerald. Separately, in accordance with Emerald’s market maker preferencing program, Instinet has preferenced a market maker on Emerald. Instinet receives payments from the preferenced market maker in connection with transactions effected by Instinet on Emerald. Such payments are provided by the relevant market maker, and not by the Exchange. Nasdaq PHLX XPHO 1.25 0.00 3.80 1.15 0.00 0.0000 0.0000 -727.2000 -63.9578 -3819.9600 -65.1870 0.0000 0.0000 Nasdaq PHLX LLC (“Nasdaq PHLX”) provides tiered pricing. Instinet pays fees and receives rebates based upon Nasdaq PHLX’s pricing schedule. The pricing schedule provided by Nasdaq PHLX, including the pricing for each tier, is available to the public http://nasdaqphlx.cchwallstreet.com/NASDAQPHLXTools/PlatformViewer.asp?selectednode=chp%5F1%5F1%5F3%5F15&manual=%2Fnasdaqomxphlx%2Fphlx%2Fphlx%2Dllcrules%2F. During October 2020, Instinet paid, on average, a net fee of $0.65 per contract for orders it routed to Nasdaq PHLX. 2020 11 19.53 0.01 8.83 27.77 63.39 Nasdaq XNAS 42.38 85.27 5.55 52.61 43.02 385.1182 11.0347 -20438.7439 -28.9773 -1939.4425 -4.1217 -15818.6901 -14.3218 The Nasdaq Stock Market (“NASDAQ”) provides tiered pricing. Instinet pays fees and receives rebates based upon NASDAQ’s pricing schedule. The pricing schedule provided by NASDAQ, including the pricing for each tier, is available to the public http://www.nasdaqtrader.com/Trader.aspx?id=PriceListTrading2. During November 2020, Instinet paid, on average, a net fee of $ 0.0017 per share for orders it routed to NASDAQ. CBOE EDGX Exchange, Inc. EDGX 10.76 0.44 2.19 9.93 12.32 4.2152 21.8744 -6773.8290 -25.9089 3523.1869 11.6939 -2755.6538 -7.4883 Cboe EDGX Exchange, Inc. (“Cboe EDGX”) provides tiered pricing. Instinet pays fees and receives rebates based upon Cboe EDGX’s pricing schedule. The pricing schedule provided by Cboe EDGX, including the pricing for each tier, is available to the public https://markets.cboe.com/us/equities/membership/fee_schedule/edgx/. During November 2020, Instinet paid, on average, a net fee of $ 0.0010 per share for orders it routed to Cboe EDGX. Cboe BZX Exchange BATS 7.33 12.75 3.19 9.32 7.03 42.1146 11.5133 -11034.7242 -29.4612 147.0931 0.5761 -3530.5484 -10.3311 Cboe BZX Exchange, Inc. (“Cboe BZX”) provides tiered pricing. Instinet pays fees and receives rebates based upon Cboe BZX’s pricing schedule. The pricing schedule provided by Cboe BZX, including the pricing for each tier, is available to the public https://markets.cboe.com/us/equities/membership/fee_schedule/bzx/. During November 2020, Instinet paid, on average, a net fee of $ 0.0010 per share for orders it routed to Cboe BZX. NYSE Arca ARCX 7.09 0.00 3.72 11.61 5.58 0.0000 0.0000 -10247.4208 -29.0414 1005.0923 3.8120 -11063.4650 -14.1020 NYSE ARCA, Inc. (“ARCA”) provides tiered pricing. Instinet pays fees and receives rebates based upon ARCA’s pricing schedule. The pricing schedule provided by ARCA, including the pricing for each tier, is available to the public https://www.nyse.com/publicdocs/nyse/markets/nyse-arca/NYSE_Arca_Marketplace_Fees.pdf. During November 2020, Instinet paid, on average, a net fee of $ 0.0018 per share for orders it routed to ARCA. Nasdaq BX XBOS 3.01 0.00 3.64 0.46 4.04 0.0000 0.0000 1254.1568 10.5724 -550.2187 -10.3977 -884.4044 -7.2227 Nasdaq BX, Inc. (“Nasdaq BX”) provides tiered pricing. Instinet pays fees and receives rebates based upon Nasdaq BX’s pricing schedule. The pricing schedule provided by Nasdaq BX, including the pricing for each tier, is available to the public https://www.nasdaqtrader.com/Trader.aspx?id=bx_pricing. During November 2020, Instinet paid, on average, a net fee of $0.0001 per share for orders it routed to Nasdaq BX. Cboe EDGA Exchange, Inc. EDGA 2.74 0.00 4.58 0.52 3.45 0.0000 0.0000 3449.2458 20.2118 712.2606 18.3458 2085.0722 20.7016 Cboe EDGA Exchange, Inc. (“Cboe EDGA”) provides tiered pricing. Instinet pays fees and receives rebates based upon Cboe EDGA’s pricing schedule. The pricing schedule provided by Cboe EDGA, including the pricing for each tier, is available to the public https://markets.cboe.com/us/equities/membership/fee_schedule/edga/. During November 2020, Instinet received, on average, a net rebate of $0.0019 per share for orders it routed to Cboe EDGA. New York Stock Exch XNYS 2.50 0.66 9.34 1.41 2.02 -1.2331 -29.3595 -26876.0554 -27.5750 -7027.6045 -19.8243 -16934.8460 -20.9841 New York Stock Exchange LLC (“NYSE”) provides tiered pricing. Instinet pays fees and receives rebates based upon NYSE’s pricing schedule. The pricing schedule provided by NYSE, including the pricing for each tier, is available to the public https://www.nyse.com/publicdocs/nyse/markets/nyse/NYSE_Price_List.pdf. During November 2020, Instinet paid, on average, a net fee of $ 0.0023 per share for orders it routed to NYSE. Cboe BYX Exchange, Inc. BATY 2.25 0.00 3.71 0.49 2.82 0.0000 0.0000 1901.0635 13.8734 -218.7096 -3.3981 -1402.1777 -7.0859 Cboe BYX Exchange, Inc. (“Cboe BYX”) provides tiered pricing. Instinet pays fees and receives rebates based upon Cboe BYX’s pricing schedule. The pricing schedule provided by Cboe BYX, including the pricing for each tier, is available to the public https://markets.cboe.com/us/equities/membership/fee_schedule/byx/. During November 2020, Instinet received, on average, a net rebate of $0.0002 per share for orders it routed to Cboe BYX. UBS Securities LLC - UBS ATS UBSA 2.19 0.00 5.68 1.18 2.15 0.0000 0.0000 -627.8810 -10.0000 -236.2890 -10.0000 -348.4410 -10.0000 Instinet is a subscriber to the UBS ATS and pays a fee for executions occurring in the UBS ATS. Credit Suisse Securities (USA) CROS 2.01 0.00 5.06 1.09 2.00 0.0000 0.0000 -87.8920 -10.0000 -64.2290 -10.0000 -71.5680 -10.0000 Instinet is a subscriber to the CrossFinder ATS and pays a fee for executions occurring in the CrossFinder ATS. 4.09 0.01 9.47 25.93 64.59 Nasdaq XNAS 56.55 59.05 6.00 41.18 70.14 180.8837 3.8272 -87918.8526 -28.4343 -12826.1369 -7.1519 -94683.5195 -16.0084 The Nasdaq Stock Market (“NASDAQ”) provides tiered pricing. Instinet pays fees and receives rebates based upon NASDAQ’s pricing schedule. The pricing schedule provided by NASDAQ, including the pricing for each tier, is available to the public http://www.nasdaqtrader.com/Trader.aspx?id=PriceListTrading2. During November 2020, Instinet paid, on average, a net fee of $ 0.0017 per share for orders it routed to NASDAQ. NYSE Arca ARCX 9.02 0.00 4.77 17.29 6.33 0.0000 0.0000 -65027.0051 -28.4196 -3927.4807 -3.9707 -99332.7969 -17.9473 NYSE ARCA, Inc. (“ARCA”) provides tiered pricing. Instinet pays fees and receives rebates based upon ARCA’s pricing schedule. The pricing schedule provided by ARCA, including the pricing for each tier, is available to the public https://www.nyse.com/publicdocs/nyse/markets/nyse-arca/NYSE_Arca_Marketplace_Fees.pdf. During November 2020, Instinet paid, on average, a net fee of $ 0.0018 per share for orders it routed to ARCA. Cboe BZX Exchange BATS 6.46 36.50 3.40 12.22 4.60 193.4854 5.9746 -47257.6779 -28.2715 9842.4966 9.8644 -13691.7470 -5.1907 Cboe BZX Exchange, Inc. (“Cboe BZX”) provides tiered pricing. Instinet pays fees and receives rebates based upon Cboe BZX’s pricing schedule. The pricing schedule provided by Cboe BZX, including the pricing for each tier, is available to the public https://markets.cboe.com/us/equities/membership/fee_schedule/bzx/. During November 2020, Instinet paid, on average, a net fee of $ 0.0010 per share for orders it routed to Cboe BZX. CBOE EDGX Exchange, Inc. EDGX 5.79 0.39 3.19 12.23 3.59 17.0430 25.2676 -47360.7965 -24.8448 10228.3931 8.3453 -32889.2316 -9.9889 Cboe EDGX Exchange, Inc. (“Cboe EDGX”) provides tiered pricing. Instinet pays fees and receives rebates based upon Cboe EDGX’s pricing schedule. The pricing schedule provided by Cboe EDGX, including the pricing for each tier, is available to the public https://markets.cboe.com/us/equities/membership/fee_schedule/edgx/. During November 2020, Instinet paid, on average, a net fee of $ 0.0010 per share for orders it routed to Cboe EDGX. New York Stock Exch XNYS 4.92 0.29 7.54 2.55 5.49 -1.4940 -7.4107 -91539.9233 -27.1634 -13353.8279 -14.0288 -62062.7936 -21.4730 New York Stock Exchange LLC (“NYSE”) provides tiered pricing. Instinet pays fees and receives rebates based upon NYSE’s pricing schedule. The pricing schedule provided by NYSE, including the pricing for each tier, is available to the public https://www.nyse.com/publicdocs/nyse/markets/nyse/NYSE_Price_List.pdf. During November 2020, Instinet paid, on average, a net fee of $ 0.0023 per share for orders it routed to NYSE. Instinet CBX ICBX 1.96 0.00 6.94 2.36 1.07 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 Instinet owns and operates the Instinet CBX ATS. Instinet receives a commission from both sides of any transaction occurring in CBX (subject to the fee schedule in effect between Instinet and the relevant subscriber). Additional information regarding the Instinet CBX is available https://www.sec.gov/divisions/marketreg/form-ats-n-filings.htm. Level ATS LEVL 1.48 0.00 4.86 2.15 0.72 0.0000 0.0000 -1819.2096 -6.0394 -380.4054 -6.1573 -1109.6178 -6.0063 Instinet is a subscriber to the Level ATS. Instinet generally pays a flat fee for executions in Level ATS. However, in instances where Instinet designates an order as only eligible to interact with certain other Level ATS subscribers, Instinet will not pay an execution fee. UBS Securities LLC - UBS ATS UBSA 1.27 0.00 5.65 1.16 0.67 0.0000 0.0000 -2387.1200 -10.0000 -482.3090 -10.0000 -921.2180 -10.0000 Instinet is a subscriber to the UBS ATS and pays a fee for executions occurring in the UBS ATS. Credit Suisse Securities (USA) CROS 1.17 0.00 5.12 0.97 0.68 0.0000 0.0000 -272.4560 -10.0000 -424.5320 -10.0000 -186.7400 -10.0000 Instinet is a subscriber to the CrossFinder ATS and pays a fee for executions occurring in the CrossFinder ATS JP Morgan Securities LLC JPMX 1.07 0.00 4.82 0.86 0.60 0.0000 0.0000 -1247.1720 -10.0000 -163.0950 -10.0000 -505.6930 -10.0000 Instinet is a subscriber to the JPM-X ATS and pays a fee for executions occurring in the JPM-X ATS. 5.11 0.00 3.07 96.70 0.23 Nasdaq Options Market XNDQ 50.90 0.00 14.25 51.98 84.75 0.0000 0.0000 -417.5000 -45.0864 21949.0000 35.1679 566.8300 67.0805 NASDAQ Options Market (“NOM”) provides tiered pricing. Instinet pays fees and receives rebates based upon NOM’s pricing schedule. The pricing schedule provided by NOM, including the pricing for each tier, is available to the public http://nasdaqtrader.com/Micro.aspx?id=OptionsPricing. During November 2020, Instinet received, on average, a net rebate of $0.34 per contract for orders it routed to NOM. NYSE ARCA Options ARCO 20.98 0.00 20.54 21.03 8.47 0.0000 0.0000 -747.8700 -48.9444 1959.9800 3.6919 102.7000 47.1101 NYSE ARCA Options (“ARCA Options”) provides tiered pricing. Instinet pays fees and receives rebates based upon ARCA Options’ pricing schedule. The pricing schedule provided by ARCA Options, including the pricing for each tier, is available to the public https://www.nyse.com/publicdocs/nyse/markets/arca-options/NYSE_Arca_Options_Fee_Schedule.pdf. During November 2020, Instinet received, on average, a net rebate of $0.02 per contract for orders it routed to ARCA Options. Nasdaq GEMX, LLC GMNI 5.28 0.00 10.65 5.13 0.00 0.0000 0.0000 -1267.1200 -96.2126 -17665.1700 -91.9869 0.0000 0.0000 Nasdaq GEMX, LLC (“GEMX”) provides tiered pricing. Instinet pays fees and receives rebates based upon GEMX’s pricing schedule. The pricing schedule provided by GEMX, including the pricing for each tier, is available to the public http://nasdaqgemx.cchwallstreet.com/tools/PlatformViewer.asp?searched=1&selectednode=chp%5F1%5F1%5F2%5F15&CiRestriction=schedule&manual=%2Fcontents%2FGEMX%2Fnasdaq%2Dgemx%2Drules%2F. During November 2020, Instinet paid, on average, a net fee of $0.92 per contract for orders it routed to GEMX. Cboe BZX Options Exchange BATO 4.85 0.00 11.68 4.64 5.08 0.0000 0.0000 -761.0500 -60.5449 -9152.8000 -58.6568 -60.0000 -50.0000 Cboe BZX Options Exchange (“BZX Options”) provides tiered pricing. Instinet pays fees and receives rebates based upon BZX Options’ pricing schedule. The pricing schedule provided by BZX Options, including the pricing for each tier, is available to the public at https://markets.cboe.com/us/options/membership/fee_schedule/bzx/. During November 2020, Instinet paid, on average, a net fee of $0.55 per contract for orders it routed to BZX Options. Nasdaq ISE XISX 3.13 0.00 4.49 3.10 0.00 0.0000 0.0000 -185.2200 -67.8462 -3256.8600 -67.0688 0.0000 0.0000 Nasdaq ISE, LLC (“ISE”) provides tiered pricing. Instinet pays fees and receives rebates based upon ISE’s pricing schedule. The pricing schedule provided by ISE, including the pricing for each tier, is available to the public http://ise.cchwallstreet.com/tools/PlatformViewer.asp?searched=1&selectednode=chp%5F1%5F1%5F2%5F15&CiRestriction=schedule&manual=%2Fcontents%2FISE%2Fise%2Drules%2F. During November 2020, Instinet Instinet paid, on average, a net fee of $0.67 per contract for orders it routed to ISE. Separately, in accordance with ISE’s market maker preferencing program, Instinet has preferenced a market maker on ISE. Instinet receives payments from the preferenced market maker in connection with transactions effected by Instinet on ISE. Such payments are provided by the relevant market maker, and not by the Exchange. MIAX Pearl, LLC MPRL 2.99 0.00 7.70 2.85 0.00 0.0000 0.0000 -482.3600 -81.8947 -5224.2900 -74.2509 0.0000 0.0000 MIAX PEARL, LLC (“Pearl”) provides tiered pricing. Instinet pays fees and receives rebates based upon Pearl’s pricing schedule. The pricing schedule provided by Pearl, including the pricing for each tier, is available to the public https://www.miaxoptions.com/sites/default/files/fee_schedule-files/MIAX_PEARL_Fee_Schedule_04012020.pdf. During November 2020, Instinet paid, on average, a net fee of $0.75 per contract for orders it routed to Pearl. Separately, in accordance with Pearl’s market maker preferencing program, Instinet has preferenced a market maker on Pearl. Instinet receives payments from the preferenced market maker in connection with transactions effected by Instinet on Pearl. Such payments are provided by the relevant market maker, and not by the Exchange. CBOE Exchange XCBO 2.38 0.00 4.75 2.31 0.00 0.0000 0.0000 -193.4450 -68.5975 -5045.9450 -63.2324 0.0000 0.0000 Cboe Exchange, Inc. (“Cboe”) provides tiered pricing. Instinet pays fees and receives rebates based upon Cboe’s pricing schedule. The pricing schedule provided by Cboe, including the pricing for each tier, is available to the public https://cdn.cboe.com/resources/membership/Cboe_FeeSchedule.pdf. During November 2020, Instinet paid, on average, a net fee of $0.63 per contract for orders it routed to Cboe. Separately, in accordance with Cboe’s market maker preferencing program, Instinet has preferenced a market maker on Cboe. Instinet receives payments from the preferenced market maker in connection with transactions effected by Instinet on Cboe. Such payments are provided by the relevant market maker, and not by the Exchange. Separately, in accordance with Cboe’s market maker preferencing program, Instinet has preferenced a market maker on Cboe. Instinet receives payments from the preferenced market maker in connection with transactions effected by Instinet on Cboe. Such payments are provided by the relevant market maker, and not by the Exchange. MIAX Emerald, LLC. EMLD 1.90 0.00 3.98 1.84 1.69 0.0000 0.0000 -417.9500 -107.1667 -4424.0500 -91.7092 -2.5000 -50.0000 MIAX Emerald, LLC (“Emerald”) provides tiered pricing. Instinet pays fees and receives rebates based upon Emerald’s pricing schedule. The pricing schedule provided by Emerald, including the pricing for each tier, is available to the public https://www.miaxoptions.com/sites/default/files/fee_schedule-files/MIAX_Emerald_Fee_Schedule_04012020.pdf. During November 2020, Instinet paid, on average, a net fee of $0.93 per contract for orders it routed to Emerald. Separately, in accordance with Emerald’s market maker preferencing program, Instinet has preferenced a market maker on Emerald. Instinet receives payments from the preferenced market maker in connection with transactions effected by Instinet on Emerald. Such payments are provided by the relevant market maker, and not by the Exchange. C2 Options Exchange, Inc. C2OX 1.70 0.00 4.36 1.62 0.00 0.0000 0.0000 -75.4100 -58.4574 -1823.8100 -46.5614 0.0000 0.0000 Instinet pays fees and receives rebates based upon Cboe C2 Options Exchange’s (“C2”) pricing schedule. During November 2020, Instinet paid, on average, a net fee of $0.47 per contract for orders it routed to C2. Nasdaq PHLX XPHO 1.34 0.00 3.72 1.27 0.00 0.0000 0.0000 -300.9000 -73.0340 -3566.2200 -58.6260 0.0000 0.0000 Nasdaq PHLX LLC (“Nasdaq PHLX”) provides tiered pricing. Instinet pays fees and receives rebates based upon Nasdaq PHLX’s pricing schedule. The pricing schedule provided by Nasdaq PHLX, including the pricing for each tier, is available to the public http://nasdaqphlx.cchwallstreet.com/NASDAQPHLXTools/PlatformViewer.asp?selectednode=chp%5F1%5F1%5F3%5F15&manual=%2Fnasdaqomxphlx%2Fphlx%2Fphlx%2Dllcrules%2F. During November 2020, Instinet paid, on average, a net fee of $0.60 per contract for orders it routed to Nasdaq PHLX. 2020 12 13.69 0.02 12.13 28.53 59.33 Nasdaq XNAS 38.76 90.00 5.31 37.81 46.03 600.4960 11.6128 -22459.5444 -28.3026 21.9085 0.0467 -12758.7308 -13.9065 The Nasdaq Stock Market (“NASDAQ”) provides tiered pricing. Instinet pays fees and receives rebates based upon NASDAQ’s pricing schedule. The pricing schedule provided by NASDAQ, including the pricing for each tier, is available to the public http://www.nasdaqtrader.com/Trader.aspx?id=PriceListTrading2. During December 2020, Instinet paid, on average, a net fee of $ 0.0018 per share for orders it routed to NASDAQ. Cboe BZX Exchange BATS 14.11 9.76 3.00 20.66 13.23 31.6305 5.3022 -13189.2804 -29.6884 -106.0005 -0.5928 -4281.7194 -13.5621 Cboe BZX Exchange, Inc. (“Cboe BZX”) provides tiered pricing. Instinet pays fees and receives rebates based upon Cboe BZX’s pricing schedule. The pricing schedule provided by Cboe BZX, including the pricing for each tier, is available to the public https://markets.cboe.com/us/equities/membership/fee_schedule/bzx/. During December 2020, Instinet paid, on average, a net fee of $ 0.0014 per share for orders it routed to Cboe BZX. NYSE Arca ARCX 7.80 0.00 3.80 11.50 6.84 0.0000 0.0000 -12495.4581 -29.0563 1177.7317 5.1792 -11396.5046 -18.6565 NYSE ARCA, Inc. (“ARCA”) provides tiered pricing. Instinet pays fees and receives rebates based upon ARCA’s pricing schedule. The pricing schedule provided by ARCA, including the pricing for each tier, is available to the public https://www.nyse.com/publicdocs/nyse/markets/nyse-arca/NYSE_Arca_Marketplace_Fees.pdf. During December 2020, Instinet paid, on average, a net fee of $ 0.0020 per share for orders it routed to ARCA. CBOE EDGX Exchange, Inc. EDGX 6.43 0.00 2.29 10.95 5.10 0.0000 0.0000 -8730.5270 -25.2449 5283.7075 15.6694 -1706.1709 -4.3495 Cboe EDGX Exchange, Inc. (“Cboe EDGX”) provides tiered pricing. Instinet pays fees and receives rebates based upon Cboe EDGX’s pricing schedule. The pricing schedule provided by Cboe EDGX, including the pricing for each tier, is available to the public https://markets.cboe.com/us/equities/membership/fee_schedule/edgx/. During December 2020, Instinet paid, on average, a net fee of $0.0009 per share for orders it routed to Cboe EDGX. New York Stock Exch XNYS 3.08 0.12 8.58 1.80 2.58 -0.3108 -27.5044 -31152.6635 -27.4981 -7815.6250 -20.2147 -17827.2307 -23.2756 New York Stock Exchange LLC (“NYSE”) provides tiered pricing. Instinet pays fees and receives rebates based upon NYSE’s pricing schedule. The pricing schedule provided by NYSE, including the pricing for each tier, is available to the public https://www.nyse.com/publicdocs/nyse/markets/nyse/NYSE_Price_List.pdf. During December 2020, Instinet paid, on average, a net fee of $ 0.0023 per share for orders it routed to NYSE. UBS Securities LLC - UBS ATS UBSA 2.44 0.00 6.05 1.60 2.11 0.0000 0.0000 -697.5480 -10.0000 -264.2110 -10.0000 -552.1920 -10.0000 Instinet is a subscriber to the UBS ATS and pays a fee for executions occurring in the UBS ATS. Nasdaq BX XBOS 2.22 0.00 3.44 0.60 2.75 0.0000 0.0000 1306.6141 10.7781 -438.1801 -7.4813 0.4351 0.0043 Nasdaq BX, Inc. (“Nasdaq BX”) provides tiered pricing. Instinet pays fees and receives rebates based upon Nasdaq BX’s pricing schedule. The pricing schedule provided by Nasdaq BX, including the pricing for each tier, is available to the public https://www.nasdaqtrader.com/Trader.aspx?id=bx_pricing. During December 2020, Instinet paid, on average, a net fee of $0.0001 per share for orders it routed to Nasdaq BX. Credit Suisse Securities (USA) CROS 2.20 0.00 5.27 1.36 1.98 0.0000 0.0000 -74.3120 -10.0000 -52.2180 -10.0000 -62.4310 -10.0000 Instinet is a subscriber to the CrossFinder ATS and pays a fee for executions occurring in the CrossFinder ATS. Cboe EDGA Exchange, Inc. EDGA 2.19 0.00 4.57 0.66 2.44 0.0000 0.0000 3898.7112 20.2953 838.7172 17.8563 2527.1514 20.8345 Cboe EDGA Exchange, Inc. (“Cboe EDGA”) provides tiered pricing. Instinet pays fees and receives rebates based upon Cboe EDGA’s pricing schedule. The pricing schedule provided by Cboe EDGA, including the pricing for each tier, is available to the public https://markets.cboe.com/us/equities/membership/fee_schedule/edga/. During December 2020, Instinet received, on average, a net rebate of $0.0020 per share for orders it routed to Cboe EDGA. JP Morgan Securities LLC JPMX 2.05 0.00 4.96 1.30 1.82 0.0000 0.0000 -417.9970 -10.0000 -129.6540 -10.0000 -204.9850 -10.0000 Instinet is a subscriber to the JPM-X ATS and pays a fee for executions occurring in the JPM-X ATS. 6.59 0.01 8.55 26.68 64.77 Nasdaq XNAS 58.09 63.27 6.88 45.61 69.99 -213.7303 -3.9352 -115009.0370 -28.1395 -7978.5219 -3.5850 -116922.5545 -17.4163 The Nasdaq Stock Market (“NASDAQ”) provides tiered pricing. Instinet pays fees and receives rebates based upon NASDAQ’s pricing schedule. The pricing schedule provided by NASDAQ, including the pricing for each tier, is available to the public http://www.nasdaqtrader.com/Trader.aspx?id=PriceListTrading2. During December 2020, Instinet paid, on average, a net fee of $ 0.0018 per share for orders it routed to NASDAQ. Cboe BZX Exchange BATS 8.84 33.63 3.98 14.78 7.03 44.4666 1.3267 -63470.0822 -28.9051 4404.4537 5.2681 -19954.9773 -6.9918 Cboe BZX Exchange, Inc. (“Cboe BZX”) provides tiered pricing. Instinet pays fees and receives rebates based upon Cboe BZX’s pricing schedule. The pricing schedule provided by Cboe BZX, including the pricing for each tier, is available to the public https://markets.cboe.com/us/equities/membership/fee_schedule/bzx/. During December 2020, Instinet paid, on average, a net fee of $ 0.0014 per share for orders it routed to Cboe BZX. NYSE Arca ARCX 7.48 0.00 5.20 13.84 5.17 0.0000 0.0000 -80407.1974 -28.4588 -3531.1298 -3.8024 -137997.4522 -19.5777 NYSE ARCA, Inc. (“ARCA”) provides tiered pricing. Instinet pays fees and receives rebates based upon ARCA’s pricing schedule. The pricing schedule provided by ARCA, including the pricing for each tier, is available to the public https://www.nyse.com/publicdocs/nyse/markets/nyse-arca/NYSE_Arca_Marketplace_Fees.pdf. During December 2020, Instinet paid, on average, a net fee of $ 0.0020 per share for orders it routed to ARCA. CBOE EDGX Exchange, Inc. EDGX 5.19 0.24 3.82 10.46 3.20 -1.1169 -27.3081 -62004.1090 -24.8507 18227.9886 11.0905 -32094.9294 -8.1166 Cboe EDGX Exchange, Inc. (“Cboe EDGX”) provides tiered pricing. Instinet pays fees and receives rebates based upon Cboe EDGX’s pricing schedule. The pricing schedule provided by Cboe EDGX, including the pricing for each tier, is available to the public https://markets.cboe.com/us/equities/membership/fee_schedule/edgx/. During December 2020, Instinet paid, on average, a net fee of $0.0009 per share for orders it routed to Cboe EDGX. New York Stock Exch XNYS 4.70 0.08 7.23 2.01 5.47 -0.5445 -27.5000 -91900.9258 -27.1928 -14337.8512 -16.6120 -51580.7791 -20.9754 New York Stock Exchange LLC (“NYSE”) provides tiered pricing. Instinet pays fees and receives rebates based upon NYSE’s pricing schedule. The pricing schedule provided by NYSE, including the pricing for each tier, is available to the public https://www.nyse.com/publicdocs/nyse/markets/nyse/NYSE_Price_List.pdf. During December 2020, Instinet paid, on average, a net fee of $ 0.0023 per share for orders it routed to NYSE. Instinet CBX ICBX 1.32 0.00 6.47 1.43 0.60 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 Instinet owns and operates the Instinet CBX ATS. Instinet receives a commission from both sides of any transaction occurring in CBX (subject to the fee schedule in effect between Instinet and the relevant subscriber). Additional information regarding the Instinet CBX is available https://www.sec.gov/divisions/marketreg/form-ats-n-filings.htm. UBS Securities LLC - UBS ATS UBSA 1.21 0.00 5.50 1.20 0.65 0.0000 0.0000 -2365.0250 -10.0000 -586.5930 -10.0000 -1310.4190 -10.0000 Instinet is a subscriber to the UBS ATS and pays a fee for executions occurring in the UBS ATS. Credit Suisse Securities (USA) CROS 1.14 0.00 4.97 1.07 0.66 0.0000 0.0000 -358.7200 -10.0000 -577.0590 -10.0000 -221.5140 -10.0000 Instinet is a subscriber to the CrossFinder ATS and pays a fee for executions occurring in the CrossFinder ATS. JP Morgan Securities LLC JPMX 1.03 0.00 4.76 0.95 0.57 0.0000 0.0000 -1300.6410 -10.0000 -326.8910 -10.0000 -512.7150 -10.0000 Instinet is a subscriber to the JPM-X ATS and pays a fee for executions occurring in the JPM-X ATS. Level ATS LEVL 0.97 0.00 4.77 1.21 0.37 0.0000 0.0000 -1957.8018 -6.2231 -429.9726 -6.1322 -1310.7384 -6.1198 Instinet is a subscriber to the Level ATS. Instinet generally pays a flat fee for executions in Level ATS. However, in instances where Instinet designates an order as only eligible to interact with certain other Level ATS subscribers, Instinet will not pay an execution fee. 4.74 0.00 1.86 97.49 0.65 Nasdaq Options Market XNDQ 31.24 0.00 18.82 31.53 23.65 0.0000 0.0000 -220.7000 -28.7370 13141.6800 28.5869 184.8600 48.5197 NASDAQ Options Market (“NOM”) provides tiered pricing. Instinet pays fees and receives rebates based upon NOM’s pricing schedule. The pricing schedule provided by NOM, including the pricing for each tier, is available to the public http://nasdaqtrader.com/Micro.aspx?id=OptionsPricing. During December 2020, Instinet received, on average, a net rebate of $0.28 per contract for orders it routed to NOM. NYSE ARCA Options ARCO 29.44 0.00 13.41 29.79 22.97 0.0000 0.0000 -272.0800 -88.0518 4191.6400 10.1483 677.9700 51.7930 NYSE ARCA Options (“ARCA Options”) provides tiered pricing. Instinet pays fees and receives rebates based upon ARCA Options’ pricing schedule. The pricing schedule provided by ARCA Options, including the pricing for each tier, is available to the public https://www.nyse.com/publicdocs/nyse/markets/arca-options/NYSE_Arca_Options_Fee_Schedule.pdf. During December 2020, Instinet received, on average, a net rebate of $0.11 per contract for orders it routed to ARCA Options. Cboe BZX Options Exchange BATO 9.64 0.00 15.06 9.47 19.59 0.0000 0.0000 -487.8000 -53.8411 -12385.0000 -70.8281 -39.3500 -18.3023 Cboe BZX Options Exchange (“BZX Options”) provides tiered pricing. Instinet pays fees and receives rebates based upon BZX Options’ pricing schedule. The pricing schedule provided by BZX Options, including the pricing for each tier, is available to the public at https://markets.cboe.com/us/options/membership/fee_schedule/bzx/. During December 2020, Instinet paid, on average, a net fee of $0.68 per contract for orders it routed to BZX Options. Nasdaq GEMX, LLC GMNI 4.51 0.00 10.59 4.42 0.68 0.0000 0.0000 -391.0700 -71.1036 -11169.2500 -92.5373 -1.0000 -50.0000 Nasdaq GEMX, LLC (“GEMX”) provides tiered pricing. Instinet pays fees and receives rebates based upon GEMX’s pricing schedule. The pricing schedule provided by GEMX, including the pricing for each tier, is available to the public http://nasdaqgemx.cchwallstreet.com/tools/PlatformViewer.asp?searched=1&selectednode=chp%5F1%5F1%5F2%5F15&CiRestriction=schedule&manual=%2Fcontents%2FGEMX%2Fnasdaq%2Dgemx%2Drules%2F. During December 2020, Instinet paid, on average, a net fee of $0.92 per contract for orders it routed to GEMX. CBOE Exchange XCBO 3.65 0.00 4.71 3.63 3.38 0.0000 0.0000 -215.6325 -69.7840 -6398.5100 -67.9825 -4.1975 -18.2500 Cboe Exchange, Inc. (“Cboe”) provides tiered pricing. Instinet pays fees and receives rebates based upon Cboe’s pricing schedule. The pricing schedule provided by Cboe, including the pricing for each tier, is available to the public https://cdn.cboe.com/resources/membership/Cboe_FeeSchedule.pdf. During December 2020, Instinet paid, on average, a net fee of $0.68 per contract for orders it routed to Cboe. Separately, in accordance with Cboe’s market maker preferencing program, Instinet has preferenced a market maker on Cboe. Instinet receives payments from the preferenced market maker in connection with transactions effected by Instinet on Cboe. Such payments are provided by the relevant market maker, and not by the Exchange. MIAX Pearl, LLC MPRL 3.14 0.00 7.29 3.05 4.73 0.0000 0.0000 -125.4000 -63.3333 -3647.3000 -70.5337 -21.9800 -48.8444 MIAX PEARL, LLC (“Pearl”) provides tiered pricing. Instinet pays fees and receives rebates based upon Pearl’s pricing schedule. The pricing schedule provided by Pearl, including the pricing for each tier, is available to the public https://www.miaxoptions.com/sites/default/files/fee_schedule-files/MIAX_PEARL_Fee_Schedule_04012020.pdf. During December 2020, Instinet paid, on average, a net fee of $0.70 per contract for orders it routed to Pearl. Separately, in accordance with Pearl’s market maker preferencing program, Instinet has preferenced a market maker on Pearl. Instinet receives payments from the preferenced market maker in connection with transactions effected by Instinet on Pearl. Such payments are provided by the relevant market maker, and not by the Exchange. NYSE American Options AMXO 2.98 0.00 3.29 2.97 3.38 0.0000 0.0000 -53.0000 -68.8312 -1787.5000 -54.4140 -1.5000 -50.0000 NYSE American Options (“AMEX”) provides tiered pricing. Instinet pays fees and receives rebates based upon AMEX’s pricing schedule. The pricing schedule provided by AMEX, including the pricing for each tier, is available to the public https://www.nyse.com/publicdocs/nyse/markets/american-options/NYSE_American_Options_Fee_Schedule.pdf. During December 2020, Instinet paid, on average, a net fee of $0.55 per contract for orders it routed to AMEX. Separately, in accordance with AMEX’s market maker preferencing program, Instinet has preferenced a market maker on AMEX. Instinet receives payments from the preferenced market maker in connection with transactions effected by Instinet on AMEX. Such payments are provided by the relevant market maker, and not by the Exchange. Nasdaq ISE XISX 2.97 0.00 2.82 2.94 8.11 0.0000 0.0000 -67.6500 -76.8750 -2356.5000 -59.6130 -16.1000 -46.0000 Nasdaq ISE, LLC (“ISE”) provides tiered pricing. Instinet pays fees and receives rebates based upon ISE’s pricing schedule. The pricing schedule provided by ISE, including the pricing for each tier, is available to the public http://ise.cchwallstreet.com/tools/PlatformViewer.asp?searched=1&selectednode=chp%5F1%5F1%5F2%5F15&CiRestriction=schedule&manual=%2Fcontents%2FISE%2Fise%2Drules%2F. During December 2020, Instinet paid, on average, a net fee of $0.60 per contract for orders it routed to ISE. Separately, in accordance with ISE’s market maker preferencing program, Instinet has preferenced a market maker on ISE. Instinet receives payments from the preferenced market maker in connection with transactions effected by Instinet on ISE. Such payments are provided by the relevant market maker, and not by the Exchange. C2 Options Exchange, Inc. C2OX 2.79 0.00 4.47 2.75 3.38 0.0000 0.0000 -401.6300 -50.5195 -3046.7200 -68.4964 -3.9000 -39.0000 Instinet pays fees and receives rebates based upon Cboe C2 Options Exchange’s (“C2”) pricing schedule. During December 2020, Instinet paid, on average, a net fee of $0.66 per contract for orders it routed to C2. MIAX Emerald, LLC. EMLD 2.16 0.00 3.06 2.16 0.00 0.0000 0.0000 -60.3500 -56.4019 -3201.2000 -82.3566 0.0000 0.0000 MIAX Emerald, LLC (“Emerald”) provides tiered pricing. Instinet pays fees and receives rebates based upon Emerald’s pricing schedule. The pricing schedule provided by Emerald, including the pricing for each tier, is available to the public https://www.miaxoptions.com/sites/default/files/fee_schedule-files/MIAX_Emerald_Fee_Schedule_04012020.pdf. During December 2020, Instinet paid, on average, a net fee of $0.82 per contract for orders it routed to Emerald. Separately, in accordance with Emerald’s market maker preferencing program, Instinet has preferenced a market maker on Emerald. Instinet receives payments from the preferenced market maker in connection with transactions effected by Instinet on Emerald. Such payments are provided by the relevant market maker, and not by the Exchange.