1.2 Cobra Trading 2021 1 2021-04-20T13:22:38Z 2021 1 96.20 0.00 79.24 20.00 0.76 Nasdaq Stock Market XNAS 23.80 14.95 58.24 40.00 0 -480 -26.8258 56 10.7599 -0 -0.2732 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. IBKR ATS IATS 22.00 27.74 0.11 0.00 0 0 0.0000 0 0.0000 0 IBKR operates the IBKR ATS in accordance with SEC Regulation ATS, on which it executes IBKR client orders against each other or against one or more professional liquidity providers who send orders into the IBKR ATS. Order executions on the IBKR ATS are faster, eliminate exchange fees, and may offer Price Improvement. Statistical information regarding the quality of executions for orders effected through the IBKR ATS (e.g., average execution speed, percentage of orders receiving Price Improvement, etc.) is available on the IBKR website at: https://ibkr.com/regulatoryreports. New York Stock Exchange XNYS 11.28 4.41 36.66 60.00 0 -163 -27.2269 16 16.6206 -0 -9.3352 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. NYSE Arca ARCX 7.25 8.49 2.60 0.00 0 -188 -23.2466 7 17.6401 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. IEX IEXD 6.10 7.64 0.22 0.00 0 -30 -6.9205 0 0 CBOE EDGX Exchange EDGX 5.36 6.65 0.43 0.00 0 -228 -26.0540 0 26.0000 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. CBOE BZX Exchange BATS 4.51 5.67 0.11 0.00 0 -120 -28.9179 0 20.0000 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Virtu Financial Inc. VIRT 2.41 3.04 0.00 0.00 0 0 0.0000 0 0 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. Hudson River Trading HRTX 2.15 2.71 0.00 0.00 0 0 0.0000 0 0 Citadel Securities CDED 2.06 2.60 0.00 0.00 0 0 0.0000 0 0 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. UBS ATS UBSA 2.06 2.60 0.00 0.00 0 0 0.0000 0 0 CBOE EDGA Exchange EDGA 2.04 2.57 0.00 0.00 0 19 16.9572 0 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. 96.35 0.00 75.14 24.79 0.07 Nasdaq Stock Market XNAS 30.51 19.16 64.91 40.82 0 -14885 -25.5964 7119 24.2414 -1 -0.0109 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. IBKR ATS IATS 16.35 21.48 0.86 0.00 0 0 0.0000 0 0.0000 0 IBKR operates the IBKR ATS in accordance with SEC Regulation ATS, on which it executes IBKR client orders against each other or against one or more professional liquidity providers who send orders into the IBKR ATS. Order executions on the IBKR ATS are faster, eliminate exchange fees, and may offer Price Improvement. Statistical information regarding the quality of executions for orders effected through the IBKR ATS (e.g., average execution speed, percentage of orders receiving Price Improvement, etc.) is available on the IBKR website at: https://ibkr.com/regulatoryreports. New York Stock Exchange XNYS 9.73 6.82 18.44 57.14 0 -4058 -24.9830 1675 17.6483 -85 -9.6577 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. NYSE Arca ARCX 9.46 8.93 11.11 0.00 0 -6477 -25.8420 434 11.6351 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. CBOE EDGX Exchange EDGX 7.83 10.04 1.16 0.00 0 -8455 -24.5647 113 19.0457 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. CBOE BZX Exchange BATS 5.29 6.92 0.34 2.04 0 -3212 -26.8366 30 18.1945 -225 -30.0000 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. IEX IEXD 3.85 4.97 0.46 0.00 0 -383 -6.6972 -2 -5.0076 0 UBS ATS UBSA 2.38 3.17 0.00 0.00 0 0 0.0000 0 0 CBOE EDGA Exchange EDGA 2.34 3.10 0.02 0.00 0 494 15.4909 -1 -30.0000 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. CBOE BYX Exchange BATY 1.58 1.46 1.96 0.00 0 48 2.3515 -1 -12.8977 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Citadel Securities CDED 1.53 2.03 0.00 0.00 0 0 0.0000 0 0 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. 100.00 1.07 31.31 62.01 5.62 CBOE C2 Exchange C2OX 19.22 5.66 2.19 28.75 11.47 -5 -39.0000 -44 -42.6117 305 41.2622 34 35.0000 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Cboe EDGX Options Exchange EDGO 14.61 18.87 9.20 15.63 32.62 13 21.0000 86 19.2774 138 20.2325 56 48.3913 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Chicago Board Options Exchange XCBO 11.52 0.00 13.06 11.92 0.72 0 38 8.5671 69 9.5148 1 18.7500 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq MRX MCRY 10.37 0.00 31.60 0.13 7.17 0 271 19.4612 1 21.0000 12 15.8108 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq Options Market XNDQ 9.97 1.89 8.69 11.66 0.00 -1 -48.0000 -229 -44.5019 508 45.1145 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. MIAX Emerald Exchange EMLD 9.71 5.66 2.32 13.42 10.75 0 -14 -9.1678 160 38.3597 1 25.0000 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. NYSE Arca Options ARCO 6.79 5.66 6.76 6.14 14.34 -8 -49.0000 -285 -49.7155 122 62.4974 30 39.0000 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq GEMX GMNI 5.40 5.66 3.22 6.99 0.00 -8 -48.0000 -81 -48.8970 706 40.3774 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Cboe BZX Options Exchange BATS 3.71 1.89 4.63 3.61 0.00 -1 -50.0000 -162 -51.6242 77 79.8021 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. 2021 2 93.80 0.05 66.12 33.11 0.72 Nasdaq Stock Market XNAS 22.33 0.00 12.57 42.02 14.81 0 -611 -29.2000 51 24.3469 -3 -14.6843 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. New York Stock Exchange XNYS 18.30 0.00 4.22 46.35 22.22 0 -186 -27.1922 81 19.3241 -0 -10.0000 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. IBKR ATS IATS 17.95 0.00 27.07 0.16 0.00 0 0 0.0000 0 0.0000 0 IBKR operates the IBKR ATS in accordance with SEC Regulation ATS, on which it executes IBKR client orders against each other or against one or more professional liquidity providers who send orders into the IBKR ATS. Order executions on the IBKR ATS are faster, eliminate exchange fees, and may offer Price Improvement. Statistical information regarding the quality of executions for orders effected through the IBKR ATS (e.g., average execution speed, percentage of orders receiving Price Improvement, etc.) is available on the IBKR website at: https://ibkr.com/regulatoryreports. NYSE Arca ARCX 7.89 0.00 8.15 7.54 0.00 0 -215 -29.9287 4 14.0770 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. CBOE EDGX Exchange EDGX 6.08 0.00 8.71 0.96 0.00 0 -726 -26.2016 1 14.7906 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. IEX IEXD 5.07 0.00 7.67 0.00 0.00 0 -19 -5.6702 0 0 CBOE BZX Exchange BATS 3.37 0.00 5.10 0.00 0.00 0 -186 -29.9766 0 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Virtu Financial Inc. VIRT 2.26 0.00 2.85 0.88 11.11 0 0 0.0096 0 31.6957 0 0.0000 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. Citadel Securities CDED 2.12 50.00 2.21 0.80 51.85 0 44.0000 0 0.0394 0 30.0000 0 0.0000 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. UBS ATS UBSA 2.07 0.00 3.13 0.00 0.00 0 0 0.0000 0 0 Nasdaq PSX XPSX 1.99 0.00 3.01 0.00 0.00 0 -17 -29.9387 0 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. MIAX PEARL Equities EPRL 1.96 0.00 2.97 0.00 0.00 0 -24 -28.0000 0 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. 93.50 0.00 55.49 44.42 0.09 Nasdaq Stock Market XNAS 38.66 100.00 16.21 66.67 61.90 0 -6920 -28.7630 5484 27.2411 0 0.0000 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. IBKR ATS IATS 11.84 0.00 20.94 0.49 0.00 0 0 0.0000 0 0.0000 0 IBKR operates the IBKR ATS in accordance with SEC Regulation ATS, on which it executes IBKR client orders against each other or against one or more professional liquidity providers who send orders into the IBKR ATS. Order executions on the IBKR ATS are faster, eliminate exchange fees, and may offer Price Improvement. Statistical information regarding the quality of executions for orders effected through the IBKR ATS (e.g., average execution speed, percentage of orders receiving Price Improvement, etc.) is available on the IBKR website at: https://ibkr.com/regulatoryreports. New York Stock Exchange XNYS 9.31 0.00 4.49 15.34 9.52 0 -1249 -22.4434 1624 19.3832 -40 -8.0008 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. NYSE Arca ARCX 9.30 0.00 8.35 10.51 0.00 0 -3455 -27.7920 285 22.6051 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. CBOE EDGX Exchange EDGX 6.90 0.00 9.12 4.14 0.00 0 -4040 -25.0551 177 22.6606 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. IEX IEXD 3.58 0.00 6.27 0.21 0.00 0 -256 -7.5280 -0 -4.4270 0 UBS ATS UBSA 3.29 0.00 5.94 0.00 0.00 0 0 0.0000 0 0 CBOE BZX Exchange BATS 2.79 0.00 4.85 0.22 0.00 0 -1338 -29.7296 7 17.5869 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Citadel Securities CDED 2.16 0.00 3.82 0.05 23.81 0 0 0.0000 0 30.0000 0 0.0000 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. CBOE BYX Exchange BATY 1.85 0.00 2.13 1.50 0.00 0 59 4.7175 -0 -0.0333 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Virtu Financial Inc. VIRT 1.60 0.00 2.82 0.07 4.76 0 0 0.0000 0 30.0000 0 0.0000 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. 100.00 0.40 32.62 58.69 8.28 Nasdaq MRX MCRY 15.58 0.00 45.35 0.34 7.04 0 440 18.7959 9 22.1250 229 16.4676 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Chicago Board Options Exchange XCBO 12.72 5.00 8.13 16.92 1.46 0 25 7.3197 -40 -7.3174 2 20.7500 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Cboe EDGX Options Exchange EDGO 11.06 0.00 8.26 11.58 18.93 0 58 8.8009 112 21.0000 19 38.7917 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. CBOE C2 Exchange C2OX 10.81 10.00 1.05 17.12 4.61 0 -24 -48.7600 79 42.0000 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. MIAX Emerald Exchange EMLD 9.29 15.00 1.11 12.05 21.60 2 45.0000 -8 -18.4524 169 45.8455 19 26.1111 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Cboe BZX Options Exchange BATS 7.96 5.00 2.59 12.09 0.00 -1 -50.0000 -91 -50.0276 73 28.3629 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. NYSE Arca Options ARCO 7.76 0.00 4.68 8.32 16.26 0 -90 -60.0400 46 63.3333 122 39.0000 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq Options Market XNDQ 6.93 0.00 4.99 9.04 0.00 0 -384 -51.4129 75 47.5443 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq GEMX GMNI 5.27 0.00 2.16 7.77 0.00 0 -47 -52.0659 114 45.4183 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq ISE XISX 4.32 40.00 6.72 1.44 13.59 -4 -37.2727 1 0.3132 22 86.0000 28 30.0000 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. 2021 3 96.04 0.00 69.41 29.99 0.60 Nasdaq Stock Market XNAS 26.38 15.55 51.81 8.57 0 -730 -25.2219 291 27.5790 -1 -0.1961 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. IBKR ATS IATS 19.66 28.28 0.11 0.00 0 0 0.0000 0 0.0000 0 IBKR operates the IBKR ATS in accordance with SEC Regulation ATS, on which it executes IBKR client orders against each other or against one or more professional liquidity providers who send orders into the IBKR ATS. Order executions on the IBKR ATS are faster, eliminate exchange fees, and may offer Price Improvement. Statistical information regarding the quality of executions for orders effected through the IBKR ATS (e.g., average execution speed, percentage of orders receiving Price Improvement, etc.) is available on the IBKR website at: https://ibkr.com/regulatoryreports. New York Stock Exchange XNYS 10.97 2.25 31.23 5.71 0 -195 -28.4377 17 16.1424 0 0.0000 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. CBOE EDGX Exchange EDGX 8.01 7.11 10.26 0.00 0 -478 -27.1969 3 9.9660 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. NYSE Arca ARCX 6.41 8.44 1.83 0.00 0 -365 -29.2955 4 24.7928 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. IEX IEXD 4.98 7.16 0.06 0.00 0 -54 -7.0155 0 0 CBOE BZX Exchange BATS 3.95 5.62 0.17 0.00 0 -250 -29.9820 1 12.8571 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Citadel Securities CDED 2.73 2.85 1.32 60.00 0 0 0.1916 0 37.0000 0 0.0000 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. UBS ATS UBSA 2.70 3.89 0.00 0.00 0 0 0.0000 0 0 Virtu Financial Inc. VIRT 2.18 2.53 0.92 25.71 0 0 0.0126 0 30.0000 0 0.0000 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. CBOE EDGA Exchange EDGA 1.65 2.38 0.00 0.00 0 63 17.6393 0 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq PSX XPSX 1.51 2.18 0.00 0.00 0 -38 -25.7539 0 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. 94.63 0.00 61.87 38.04 0.09 Nasdaq Stock Market XNAS 35.96 16.83 67.11 25.42 0 -7325 -21.9442 5592 24.5612 0 0.0000 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. IBKR ATS IATS 13.01 20.65 0.60 0.00 0 0 0.0000 0 0.0000 0 IBKR operates the IBKR ATS in accordance with SEC Regulation ATS, on which it executes IBKR client orders against each other or against one or more professional liquidity providers who send orders into the IBKR ATS. Order executions on the IBKR ATS are faster, eliminate exchange fees, and may offer Price Improvement. Statistical information regarding the quality of executions for orders effected through the IBKR ATS (e.g., average execution speed, percentage of orders receiving Price Improvement, etc.) is available on the IBKR website at: https://ibkr.com/regulatoryreports. CBOE EDGX Exchange EDGX 9.50 8.75 10.75 0.00 0 -4154 -20.7708 248 14.8067 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. New York Stock Exchange XNYS 9.10 6.42 13.44 18.64 0 -2345 -23.0354 2628 17.7157 -81 -5.6217 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. NYSE Arca ARCX 6.71 7.71 5.09 0.00 0 -3047 -25.6451 150 24.9892 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. CBOE BZX Exchange BATS 3.92 6.02 0.52 0.00 0 -2174 -25.8136 22 18.0049 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. IEX IEXG 3.43 5.38 0.27 0.00 0 -384 -6.3660 -1 -3.4119 0 UBS ATS UBSA 2.77 4.48 0.00 0.00 0 0 0.0000 0 0 CBOE EDGA Exchange EDGA 2.16 3.48 0.00 0.00 0 327 15.5664 0 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Citadel Securities CDED 2.13 3.34 0.05 45.76 0 1 0.0339 0 30.0000 0 0.0000 IBKR-LITE clients are generally charged zero commission for NMS stock and ETF orders. IBKR-LITE orders are generally routed to select over-the-counter market-makers for handling. IBKR's agreements with the Market Makers provide Interactive Brokers payment for order flow from each Market Maker for trades executed with that Market Maker. MEMX LLC MEMX 1.86 2.84 0.25 0.00 0 -361 -22.2715 12 29.7716 0 100.00 0.19 49.46 48.14 2.21 Nasdaq MRX MCRY 22.81 0.00 45.32 0.56 5.69 0 782 10.9715 4 6.6038 10 15.3226 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Cboe EDGX Options Exchange EDGO 11.57 0.00 8.54 13.75 32.70 0 112 16.6405 101 18.8974 68 49.3116 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. CBOE C2 Exchange C2OX 11.23 0.00 1.33 21.66 6.64 0 -143 -61.4483 129 39.0906 37 35.0000 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Chicago Board Options Exchange XCBO 10.25 0.00 7.15 13.93 0.47 0 89 6.5506 62 8.4828 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq Options Market XNDQ 8.25 5.56 5.46 11.51 0.00 -2 -48.0000 -245 -31.7743 418 46.1370 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq GEMX GMNI 6.36 11.11 1.50 11.62 0.00 2 80.0000 -138 -57.9202 230 37.9406 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. MIAX Emerald Exchange EMLD 5.46 5.56 1.65 8.93 15.17 0 30 10.3379 308 39.4213 14 25.7407 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. MIAX PEARL MPRL 5.15 5.56 4.76 5.78 0.00 -2 -50.0000 -248 -36.1871 296 40.1834 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Cboe BZX Options Exchange BATS 4.34 5.56 3.59 5.30 0.00 -1 -85.0000 7 0.7830 70 59.9744 0 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. Nasdaq PHLX XPHL 4.18 0.00 6.30 1.61 13.27 0 0 0.0000 0 0.0000 0 0.0000 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. NYSE Arca Options ARCO 4.16 5.56 3.89 3.93 15.17 -0 -49.0000 -281 -59.9787 23 62.5556 22 39.0000 IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients.