1.2 ChoiceTrade 2025 4 2026-01-29T23:03:23Z 2025 10 100.00 11.35 19.61 61.33 7.71 Coda Markets Inc. 75.82 71.27 66.74 89.09 0.00 12.18 4.9585 18.47 9.9822 15.44 28.1341 0.00 0.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. Citadel Executions Services 22.79 22.01 32.83 10.15 98.90 0.03 0.3567 0.25 0.5104 0.06 0.4149 0.06 0.4979 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. VELOX 1.31 6.72 0.43 0.62 1.10 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00 0.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. RICE 0.08 0.00 0.00 0.14 0.00 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00 0.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. 100.00 16.50 26.61 49.53 7.36 Coda Markets Inc. 51.33 68.87 48.94 54.40 0.00 37.26 4.9888 686.42 10.1518 558.83 29.9699 0.00 0.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. Citadel Executions Services 43.42 21.07 49.27 39.50 98.77 1.35 0.7361 248.25 2.9741 186.47 2.9721 0.78 0.7086 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. VELOX 3.59 10.06 1.79 2.75 1.23 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00 0.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. RICE 1.66 0.00 0.00 3.35 0.00 0.00 0.0000 0.00 0.0000 23.53 9.9992 0.00 0.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. 100.00 10.46 16.79 68.07 4.68 Citadel Options 58.93 71.23 100.00 44.17 98.84 1095.85 27.7782 7375.06 32.4207 1475.12 30.8603 16.72 33.4400 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. RICE 41.07 28.77 0.00 55.83 1.16 1381.10 34.9646 0.00 0.0000 10377.53 37.9060 12.25 35.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. 2025 11 100.00 11.08 16.93 66.54 5.46 Citadel Executions Services 39.39 15.49 89.86 25.79 97.14 0.16 0.6647 0.24 0.5638 0.18 0.5731 0.01 0.3650 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. Coda Markets Inc. 58.19 78.87 8.76 72.10 0.00 1.46 4.7947 0.39 9.6296 9.63 29.3687 0.00 0.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. VELOX 1.17 4.93 1.38 0.35 2.86 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00 0.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. RICE 1.25 0.70 0.00 1.76 0.00 0.10 10.0000 0.00 0.0000 0.70 10.0000 0.00 0.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. 100.00 15.37 31.30 49.24 4.09 Citadel Executions Services 59.47 15.79 91.79 49.18 100.00 0.63 0.7577 130.01 1.9600 109.53 1.9610 0.11 0.7612 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. Coda Markets Inc. 33.16 71.83 6.38 40.87 0.00 8.79 5.0074 17.26 10.0174 76.04 23.3703 0.00 0.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. VELOX 6.23 12.38 1.82 7.63 0.00 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00 0.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. RICE 1.14 0.00 0.00 2.32 0.00 0.00 0.0000 0.00 0.0000 12.28 15.4777 0.00 0.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. 100.00 15.49 17.95 61.81 4.75 RICE 38.13 32.92 0.00 53.33 1.34 2364.90 35.0252 0.00 0.0000 6126.80 35.6023 38.50 35.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. Citadel Options 61.87 67.08 100.00 46.67 98.66 2259.64 32.4708 7191.76 33.0185 538.16 30.5947 33.74 33.7400 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. 2025 12 100.00 19.01 20.96 51.05 8.98 Citadel Executions Services 47.46 16.53 87.14 33.72 98.33 0.01 0.1779 0.10 0.4029 0.04 0.5642 0.02 0.4950 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. Coda Markets Inc. 49.40 77.96 10.00 63.64 0.00 0.53 4.3550 0.19 10.2151 6.36 29.7613 0.00 0.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. VELOX 2.54 5.51 2.86 1.47 1.67 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00 0.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. RICE 0.60 0.00 0.00 1.17 0.00 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00 0.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. 100.00 10.90 40.03 47.51 1.56 Citadel Executions Services 80.70 14.05 98.09 80.70 100.00 2.63 0.7497 113.55 0.7568 83.95 0.7628 0.09 0.6392 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. VELOX 4.51 23.59 0.92 3.31 0.00 0.00 0.0000 0.00 0.0000 0.00 0.0000 0.00 0.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. Coda Markets Inc. 11.40 48.31 0.99 12.08 0.00 17.15 4.9764 11.26 10.0036 86.30 29.9393 0.00 0.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. RICE 3.39 14.05 0.00 3.91 0.00 0.00 0.0000 0.00 0.0000 14.88 10.3882 0.00 0.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. 100.00 15.38 19.09 63.83 1.70 Citadel Options 56.95 51.78 100.00 44.64 82.14 5837.28 34.4687 8514.47 33.9560 796.87 30.4149 103.68 34.5600 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue. RICE 43.05 48.22 0.00 55.36 17.86 5329.10 35.0000 0.00 0.0000 9354.70 36.3036 105.35 35.0000 As detailed above, ChoiceTrade recieves rebates from liquidity providers and certain exchanges based upon the order flow executed at each destination. Some orders require us to pay associated transaction costs, but most orders result in rebates. Rebate rates are substantially similar among the various securities exchanges and liquidity providers, although they vary based upon order characteristics (e.g. price of the security, marketability). Choicetrade will not bid out its order flow among venues nor negotiate over rates of payment as a condition for sending more order flow to a market venue.