EXECUTIONREPORTS.COM AMENDED SEC RULE 605 / FINRA 5310.09 ENGINE
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Rule 605 Market Center Scorecard

CITADEL SECURITIES, LLC

Reporter ID: CDRG • Quarter: 2026Q3 • Methodology: exq-2
MPID Firm: Citadel Securities LLC(CDRG) • Location: CHICAGO, IL
Status: ACTIVE
Generated: Wed, 14 Oct 2026 18:30:26 GMT
Quarter:2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q3

1. Amended Rule 605 Scorecard vs. Mix-Adjusted Peers

Execution metrics across order classes and the 24 notional × lot categories, benchmarked against what competing market centers delivered on identical symbols.

No amended Rule 605 benchmark records available for this market center in 2026Q3.

2. Broker-Dealers Routing Here (Reverse 606 Index)

Firms directing customer order flow to this market center under SEC Rule 606(a), with route percentages and PFOF rates.

Broker-DealerCRDMonthSectionRoute %Mkt %Limit %PFOF Mkt (¢/100)PFOF Mkt ($)Action
Janney Montgomery Scott, Inc.4637-other_stocks19.8%19.1%29.4%0.00 ¢$0.00 Firm Review →
Janney Montgomery Scott, Inc.4637-sp50022.5%20.6%37.8%0.00 ¢$0.00 Firm Review →
Janney Montgomery Scott, Inc.4638-other_stocks19.3%18.9%25.8%0.00 ¢$0.00 Firm Review →
Janney Montgomery Scott, Inc.4638-sp50020.7%19.6%41.0%0.00 ¢$0.00 Firm Review →
Janney Montgomery Scott, Inc.4639-other_stocks20.2%19.2%25.8%0.00 ¢$0.00 Firm Review →
Janney Montgomery Scott, Inc.4639-sp50023.1%20.8%32.2%0.00 ¢$0.00 Firm Review →
T.ROWE PRICE83487-other_stocks25.1%24.2%26.4%0.00 ¢$0.00 Firm Review →
T.ROWE PRICE83487-sp50025.2%24.5%24.5%0.00 ¢$0.00 Firm Review →
T.ROWE PRICE83488-other_stocks24.5%24.0%24.8%0.00 ¢$0.00 Firm Review →
T.ROWE PRICE83488-sp50025.2%24.1%26.6%0.00 ¢$0.00 Firm Review →
T.ROWE PRICE83489-other_stocks24.1%23.4%26.3%0.00 ¢$0.00 Firm Review →
T.ROWE PRICE83489-sp50024.6%23.0%24.3%0.00 ¢$0.00 Firm Review →
STATE FARM VP MANAGEMENT CORP430367-other_stocks22.0%22.1%0.0%0.00 ¢$0.00 Firm Review →
STATE FARM VP MANAGEMENT CORP430367-sp50029.6%28.6%0.0%0.00 ¢$0.00 Firm Review →
STATE FARM VP MANAGEMENT CORP430368-other_stocks27.5%27.5%0.0%0.00 ¢$0.00 Firm Review →
STATE FARM VP MANAGEMENT CORP430368-sp50024.4%24.4%0.0%0.00 ¢$0.00 Firm Review →
STATE FARM VP MANAGEMENT CORP430369-other_stocks21.5%21.5%0.0%0.00 ¢$0.00 Firm Review →
STATE FARM VP MANAGEMENT CORP430369-sp50028.4%28.4%0.0%0.00 ¢$0.00 Firm Review →
GENW1208947-other_stocks20.1%20.2%16.7%0.00 ¢$0.00 Firm Review →
GENW1208947-sp50019.5%19.8%0.0%0.00 ¢$0.00 Firm Review →
GENW1208948-other_stocks15.7%15.7%14.3%0.00 ¢$0.00 Firm Review →
GENW1208948-sp50015.2%15.5%0.0%0.00 ¢$0.00 Firm Review →
GENW1208949-other_stocks16.2%16.3%9.1%0.00 ¢$0.00 Firm Review →
GENW1208949-sp50018.6%19.2%16.7%0.00 ¢$0.00 Firm Review →
ANDBANC BROKERAGE LLC1559797-other_stocks25.2%24.4%21.4%0.00 ¢$0.00 Firm Review →
ANDBANC BROKERAGE LLC1559797-sp50023.6%23.4%44.4%0.00 ¢$0.00 Firm Review →
ANDBANC BROKERAGE LLC1559798-other_stocks25.5%25.4%40.0%0.00 ¢$0.00 Firm Review →
ANDBANC BROKERAGE LLC1559798-sp50022.6%23.3%27.3%0.00 ¢$0.00 Firm Review →
ANDBANC BROKERAGE LLC1559799-other_stocks26.8%26.4%23.1%0.00 ¢$0.00 Firm Review →
ANDBANC BROKERAGE LLC1559799-sp50022.3%22.0%10.0%0.00 ¢$0.00 Firm Review →
CGIS SECURITIES LLC1559847-other_stocks23.1%23.7%30.6%0.00 ¢$0.00 Firm Review →
CGIS SECURITIES LLC1559847-sp50025.1%23.0%66.7%0.00 ¢$0.00 Firm Review →
CGIS SECURITIES LLC1559848-other_stocks25.1%25.8%39.4%0.00 ¢$0.00 Firm Review →
CGIS SECURITIES LLC1559848-sp50021.5%23.8%27.3%0.00 ¢$0.00 Firm Review →
CGIS SECURITIES LLC1559849-other_stocks23.3%19.9%23.8%0.00 ¢$0.00 Firm Review →
CGIS SECURITIES LLC1559849-sp50032.0%29.8%60.0%0.00 ¢$0.00 Firm Review →
FENX1594817-other_stocks24.0%21.4%21.3%10.05 ¢$19.02 Firm Review →
FENX1594817-sp50025.4%25.6%27.4%10.01 ¢$7.91 Firm Review →
FENX1594818-other_stocks20.5%16.9%14.7%10.01 ¢$92.43 Firm Review →
FENX1594818-sp50017.0%17.6%8.5%10.13 ¢$7.59 Firm Review →
FENX1594819-other_stocks22.2%13.4%15.1%0.00 ¢$0.00 Firm Review →
FENX1594819-sp50019.1%15.0%10.8%0.00 ¢$0.00 Firm Review →
TD PRIVATE CLIENT WEALTH LLC1644847-other_stocks27.0%27.0%21.4%0.00 ¢$0.00 Firm Review →
TD PRIVATE CLIENT WEALTH LLC1644847-sp50026.3%26.3%30.8%0.00 ¢$0.00 Firm Review →
TD PRIVATE CLIENT WEALTH LLC1644848-other_stocks26.5%26.4%40.0%0.00 ¢$0.00 Firm Review →
TD PRIVATE CLIENT WEALTH LLC1644848-sp50025.5%25.5%0.0%0.00 ¢$0.00 Firm Review →
TD PRIVATE CLIENT WEALTH LLC1644849-other_stocks26.2%26.3%23.1%0.00 ¢$0.00 Firm Review →
TD PRIVATE CLIENT WEALTH LLC1644849-sp50024.8%24.8%40.0%0.00 ¢$0.00 Firm Review →

3. Rule 605 Report Files & Ingestion History

Published monthly execution quality data files crawled from vendor and exchange landing pages.

File NameMonthKindStatusFetched AtSource URL
CDRG_605_202607.txt202607detailedchallenge2026-10-12T12:25:03.903+00:00 File Link ↗
CDRG_605_202407.txt202407detailedchallenge2026-10-12T12:25:04.978+00:00 File Link ↗
CDRG_605_202302.txt202302detailedchallenge2026-10-12T12:25:05.604+00:00 File Link ↗
CDRG_605_202212.txt202212detailedchallenge2026-10-12T12:25:05.897+00:00 File Link ↗
CDRG_605_202203.txt202203detailedchallenge2026-10-12T12:25:06.185+00:00 File Link ↗
CDRG_605_202207.txt202207detailedchallenge2026-10-12T12:25:06.464+00:00 File Link ↗
March-2025_CDRG_605_202503.txt202503detailedchallenge2026-10-12T12:25:06.754+00:00 File Link ↗
August_CDRG_S3_605_202508.txt202508detailedchallenge2026-10-12T12:25:07.022+00:00 File Link ↗
CDRG_605_202403.txt202403detailedchallenge2026-10-12T12:25:07.288+00:00 File Link ↗
CDRG_605_202312.txt202312detailedchallenge2026-10-12T12:25:07.574+00:00 File Link ↗
CDRG_605_202308.txt202308detailedchallenge2026-10-12T12:25:07.851+00:00 File Link ↗
CDRG_605_202108.txt202108detailedchallenge2026-10-12T12:25:08.119+00:00 File Link ↗
CDRG_605_202109.txt202109detailedchallenge2026-10-12T12:25:08.395+00:00 File Link ↗
CDRG_605_202404.txt202404detailedchallenge2026-10-12T12:25:08.679+00:00 File Link ↗
January-2025_CDRG_S3_605_202501.txt202501detailedchallenge2026-10-12T12:25:08.960+00:00 File Link ↗
CDRG_605_202405.txt202405detailedchallenge2026-10-12T12:25:09.272+00:00 File Link ↗
CDRG_605_202110.txt202110detailedchallenge2026-10-12T12:25:09.629+00:00 File Link ↗
CDRG_605_202603.txt202603detailedchallenge2026-10-12T12:25:09.912+00:00 File Link ↗
January-2026_CDRG_605_202601.txt202601detailedchallenge2026-10-12T12:25:10.213+00:00 File Link ↗
December_CDRG_605_202512.txt202512detailedchallenge2026-10-12T12:25:10.529+00:00 File Link ↗
CDRG_605_202307.txt202307detailedchallenge2026-10-12T12:25:10.820+00:00 File Link ↗
CDRG_605_202602.txt202602detailedchallenge2026-10-12T13:24:56.393+00:00 File Link ↗
CDRG_605_202303.txt202303detailedchallenge2026-10-12T13:24:56.714+00:00 File Link ↗
CDRG_605_202409.txt202409detailedchallenge2026-10-12T13:24:57.002+00:00 File Link ↗
CDRG_605_202111.txt202111detailedchallenge2026-10-12T13:24:57.292+00:00 File Link ↗
CDRG_605_202208.txt202208detailedchallenge2026-10-12T13:24:57.558+00:00 File Link ↗
CDRG_605_202201.txt202201detailedchallenge2026-10-12T13:24:57.825+00:00 File Link ↗
CDRG_605_202604.txt202604detailedchallenge2026-10-12T13:24:58.102+00:00 File Link ↗
CDRG_605_202401.txt202401detailedchallenge2026-10-12T13:24:58.373+00:00 File Link ↗
CDRG_605_202310.txt202310detailedchallenge2026-10-12T13:24:58.648+00:00 File Link ↗
CDRG_605_202107.txt202107detailedchallenge2026-10-12T13:24:58.921+00:00 File Link ↗
CDRG_605_202112.txt202112detailedchallenge2026-10-12T13:24:59.381+00:00 File Link ↗
October_CDRG_S3_605_202510.txt202510detailedchallenge2026-10-12T13:24:59.650+00:00 File Link ↗
November_2025_CDRG_605_202511.txt202511detailedchallenge2026-10-12T13:24:59.960+00:00 File Link ↗
CDRG_605_202211.txt202211detailedchallenge2026-10-12T13:25:00.240+00:00 File Link ↗
CDRG_605_202606.txt202606detailedchallenge2026-10-12T13:25:00.510+00:00 File Link ↗
CDRG_605_202402.txt202402detailedchallenge2026-10-12T13:25:00.795+00:00 File Link ↗
Septemeber_CDRG_S3_605_202509.txt202509detailedchallenge2026-10-12T13:25:01.067+00:00 File Link ↗
July_CDRG_S3_605_202507.txt202507detailedchallenge2026-10-12T13:25:01.349+00:00 File Link ↗
CDRG_605_202504.txt202504detailedchallenge2026-10-12T13:25:01.641+00:00 File Link ↗
CDRG_605_202502.txt202502detailedchallenge2026-10-12T13:25:01.923+00:00 File Link ↗
CDRG_605_202309.txt202309detailedchallenge2026-10-12T13:25:02.204+00:00 File Link ↗
CDRG_605_202206.txt202206detailedchallenge2026-10-12T13:25:02.480+00:00 File Link ↗
CDRG_605_202406.txt202406detailedchallenge2026-10-12T14:24:46.701+00:00 File Link ↗
CDRG_605_202305.txt202305detailedchallenge2026-10-12T14:24:46.991+00:00 File Link ↗
November-2024_CDRG_S3_605_202411.txt202411detailedchallenge2026-10-12T14:24:47.276+00:00 File Link ↗
CDRG_605_202306.txt202306detailedchallenge2026-10-12T14:24:47.545+00:00 File Link ↗
CDRG_605_202311.txt202311detailedchallenge2026-10-12T14:24:47.954+00:00 File Link ↗
CDRG_605_202210.txt202210detailedchallenge2026-10-12T14:24:48.241+00:00 File Link ↗
CDRG_605_202205.txt202205detailedchallenge2026-10-12T14:24:48.535+00:00 File Link ↗
CDRG_605_202209.txt202209detailedchallenge2026-10-12T15:24:36.715+00:00 File Link ↗
CDRG_605_202202.txt202202detailedchallenge2026-10-12T15:24:37+00:00 File Link ↗
CDRG_605_202204.txt202204detailedchallenge2026-10-12T15:24:37.264+00:00 File Link ↗
CDRG_605_202408.txt202408detailedchallenge2026-10-12T15:24:37.525+00:00 File Link ↗
CDRG_605_202301.txt202301detailedchallenge2026-10-12T15:24:37.793+00:00 File Link ↗
CDRG_605_202304.txt202304detailedchallenge2026-10-12T15:24:38.066+00:00 File Link ↗
CDRG_S3_605_202506.txt202506detailedchallenge2026-10-12T15:24:38.335+00:00 File Link ↗

4. Coverage Gaps & Review Limitations

Suppressed Cells
0
Tiers with < 100 covered orders
Missing Files
1
Months unretrievable

Methodological Caveats:

  • A venue's Rule 605 statistics describe all flow it handled, not this firm's orders.
  • 606 route shares are per order, not per share, and list only the top 10 venues plus any venue with at least 5% of non-directed orders.
  • FINRA Rule 5310.09 also requires the firm's own order-level review of its executions.
  • This report is not legal or compliance advice.
  • Net price improvement is in basis points of executed notional (quote midpoint × shares). The PFOF comparison converts the difference to ¢/100 sh at the venue's average executed price; it is an estimate.
  • Brokers routing here reflect venue aliases as of the last crosswalk-venues run.
Does your firm route to CITADEL SECURITIES, LLC? See which competing venues beat it on your symbol mix → Enter your Firm CRD