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Best Execution Policy

Order Execution Information
SEC Rule 605:
http://www.tagaudit.com/do/display?page=Rule605::Download&mpid=bnch

Please click on this web address to access the report prior to April 2010:
http://tagaudit.com/do/display?page=Public::R605N#

From April 2010 to the present please visit:
http://www.sungard.com/valdicompliance
MPID: BNCH

Order Routing
SEC Rule 606

Please click on this web address to access the report prior to March 2010:
http://tagaudit.com/do/display?

From June 2010 to the present please visit:
http://www.sungard.com/valdicompliance

Best Execution & Market Making

Best execution is subject to system response and access time which may vary according to market conditions, system performance or other factors.

 

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