CLARKSONS SECURITIES, INC (CRD #30882) — SEC Rule 606 Order Routing & FINRA Rule 5310.09 Execution Quality Report
Executive Best Execution & Order Routing Analysis
CLARKSONS SECURITIES, INC (CRD #30882) files direct SEC Rule 606 quarterly order routing disclosures as an independent executing broker-dealer. In 2026Q2, the firm's non-directed customer order flow was routed across key market centers, led by no primary routing venues disclosed. Under FINRA Rule 5310, the broker-dealer must evaluate whether routing choices maximize customer price improvement relative to non-routed market destinations.
During 2026Q2, the firm disclosed $0.00 in total net payment for order flow (PFOF) across market and marketable limit orders. While zero disclosed remuneration mitigates direct rebate conflicts, FINRA Rule 5310.09 nevertheless mandates regular and rigorous quarterly evaluation of whether routed order execution satisfies best execution obligations against alternative market centers.
Our mix-adjusted benchmark analysis flagged 0 material differences across the 144 Amended Rule 605 order size and security buckets where CLARKSONS SECURITIES, INC's routed execution trailed competing peer benchmarks by more than 1.0 basis points. Under FINRA Rule 5310.09, broker-dealers must conduct regular and rigorous committee reviews comparing execution quality achieved against competing market centers they do not route to. Each flagged competing-market difference requires documented supervisory disposition and committee review in the firm's permanent compliance records.
SEC Rule 606 Order Routing Summary
Disclosed non-directed customer order routing shares, total PFOF remuneration, and net rates by execution venue.
| Execution Venue | Route % | Disclosed PFOF (USD) | Net Rate (¢/100 sh) |
|---|
Flagged Competing-Market Differences (0 Locked Buckets)
Scored execution buckets requiring committee evaluation and supervisory disposition under FINRA Rule 5310.09.
No locked exceptions detected in this review period.
Complete Your FINRA Rule 5310.09 Best Execution Review
Unlock all 144 order size and security tiers, reveal competing market center metrics, record supervisory dispositions, and export signed committee minutes.