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Rule 605 Market Center Scorecard
CITADEL SECURITIES, LLC
MPID Firm: Citadel Securities LLC(CDRG) • Location: CHICAGO, IL
Status: ACTIVE
Generated: Wed, 14 Oct 2026 18:33:14 GMT
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 2022Q3.
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.
No broker-dealers identified routing flow to this market center in 2022Q3.
3. Rule 605 Report Files & Ingestion History
Published monthly execution quality data files crawled from vendor and exchange landing pages.
| File Name | Month | Kind | Status | Fetched At | Source URL |
|---|---|---|---|---|---|
| CDRG_605_202207.txt | 202207 | detailed | challenge | 2026-10-12T12:25:06.464+00:00 | File Link ↗ |
| CDRG_605_202208.txt | 202208 | detailed | challenge | 2026-10-12T13:24:57.558+00:00 | File Link ↗ |
| CDRG_605_202209.txt | 202209 | detailed | challenge | 2026-10-12T15:24:36.715+00:00 | File Link ↗ |
| CDRG_605_202407.txt | 202407 | detailed | challenge | 2026-10-12T12:25:04.978+00:00 | File Link ↗ |
| CDRG_605_202302.txt | 202302 | detailed | challenge | 2026-10-12T12:25:05.604+00:00 | File Link ↗ |
| CDRG_605_202212.txt | 202212 | detailed | challenge | 2026-10-12T12:25:05.897+00:00 | File Link ↗ |
| CDRG_605_202203.txt | 202203 | detailed | challenge | 2026-10-12T12:25:06.185+00:00 | File Link ↗ |
| March-2025_CDRG_605_202503.txt | 202503 | detailed | challenge | 2026-10-12T12:25:06.754+00:00 | File Link ↗ |
| August_CDRG_S3_605_202508.txt | 202508 | detailed | challenge | 2026-10-12T12:25:07.022+00:00 | File Link ↗ |
| CDRG_605_202403.txt | 202403 | detailed | challenge | 2026-10-12T12:25:07.288+00:00 | File Link ↗ |
| CDRG_605_202312.txt | 202312 | detailed | challenge | 2026-10-12T12:25:07.574+00:00 | File Link ↗ |
| CDRG_605_202308.txt | 202308 | detailed | challenge | 2026-10-12T12:25:07.851+00:00 | File Link ↗ |
| CDRG_605_202108.txt | 202108 | detailed | challenge | 2026-10-12T12:25:08.119+00:00 | File Link ↗ |
| CDRG_605_202109.txt | 202109 | detailed | challenge | 2026-10-12T12:25:08.395+00:00 | File Link ↗ |
| CDRG_605_202404.txt | 202404 | detailed | challenge | 2026-10-12T12:25:08.679+00:00 | File Link ↗ |
| January-2025_CDRG_S3_605_202501.txt | 202501 | detailed | challenge | 2026-10-12T12:25:08.960+00:00 | File Link ↗ |
| CDRG_605_202405.txt | 202405 | detailed | challenge | 2026-10-12T12:25:09.272+00:00 | File Link ↗ |
| CDRG_605_202110.txt | 202110 | detailed | challenge | 2026-10-12T12:25:09.629+00:00 | File Link ↗ |
| CDRG_605_202603.txt | 202603 | detailed | challenge | 2026-10-12T12:25:09.912+00:00 | File Link ↗ |
| January-2026_CDRG_605_202601.txt | 202601 | detailed | challenge | 2026-10-12T12:25:10.213+00:00 | File Link ↗ |
| December_CDRG_605_202512.txt | 202512 | detailed | challenge | 2026-10-12T12:25:10.529+00:00 | File Link ↗ |
| CDRG_605_202307.txt | 202307 | detailed | challenge | 2026-10-12T12:25:10.820+00:00 | File Link ↗ |
| CDRG_605_202602.txt | 202602 | detailed | challenge | 2026-10-12T13:24:56.393+00:00 | File Link ↗ |
| CDRG_605_202303.txt | 202303 | detailed | challenge | 2026-10-12T13:24:56.714+00:00 | File Link ↗ |
| CDRG_605_202409.txt | 202409 | detailed | challenge | 2026-10-12T13:24:57.002+00:00 | File Link ↗ |
| CDRG_605_202111.txt | 202111 | detailed | challenge | 2026-10-12T13:24:57.292+00:00 | File Link ↗ |
| CDRG_605_202201.txt | 202201 | detailed | challenge | 2026-10-12T13:24:57.825+00:00 | File Link ↗ |
| CDRG_605_202607.txt | 202607 | detailed | challenge | 2026-10-12T12:25:03.903+00:00 | File Link ↗ |
| CDRG_605_202604.txt | 202604 | detailed | challenge | 2026-10-12T13:24:58.102+00:00 | File Link ↗ |
| CDRG_605_202401.txt | 202401 | detailed | challenge | 2026-10-12T13:24:58.373+00:00 | File Link ↗ |
| CDRG_605_202310.txt | 202310 | detailed | challenge | 2026-10-12T13:24:58.648+00:00 | File Link ↗ |
| CDRG_605_202107.txt | 202107 | detailed | challenge | 2026-10-12T13:24:58.921+00:00 | File Link ↗ |
| CDRG_605_202112.txt | 202112 | detailed | challenge | 2026-10-12T13:24:59.381+00:00 | File Link ↗ |
| October_CDRG_S3_605_202510.txt | 202510 | detailed | challenge | 2026-10-12T13:24:59.650+00:00 | File Link ↗ |
| November_2025_CDRG_605_202511.txt | 202511 | detailed | challenge | 2026-10-12T13:24:59.960+00:00 | File Link ↗ |
| CDRG_605_202211.txt | 202211 | detailed | challenge | 2026-10-12T13:25:00.240+00:00 | File Link ↗ |
| CDRG_605_202606.txt | 202606 | detailed | challenge | 2026-10-12T13:25:00.510+00:00 | File Link ↗ |
| CDRG_605_202402.txt | 202402 | detailed | challenge | 2026-10-12T13:25:00.795+00:00 | File Link ↗ |
| Septemeber_CDRG_S3_605_202509.txt | 202509 | detailed | challenge | 2026-10-12T13:25:01.067+00:00 | File Link ↗ |
| July_CDRG_S3_605_202507.txt | 202507 | detailed | challenge | 2026-10-12T13:25:01.349+00:00 | File Link ↗ |
| CDRG_605_202504.txt | 202504 | detailed | challenge | 2026-10-12T13:25:01.641+00:00 | File Link ↗ |
| CDRG_605_202502.txt | 202502 | detailed | challenge | 2026-10-12T13:25:01.923+00:00 | File Link ↗ |
| CDRG_605_202309.txt | 202309 | detailed | challenge | 2026-10-12T13:25:02.204+00:00 | File Link ↗ |
| CDRG_605_202206.txt | 202206 | detailed | challenge | 2026-10-12T13:25:02.480+00:00 | File Link ↗ |
| CDRG_605_202406.txt | 202406 | detailed | challenge | 2026-10-12T14:24:46.701+00:00 | File Link ↗ |
| CDRG_605_202305.txt | 202305 | detailed | challenge | 2026-10-12T14:24:46.991+00:00 | File Link ↗ |
| November-2024_CDRG_S3_605_202411.txt | 202411 | detailed | challenge | 2026-10-12T14:24:47.276+00:00 | File Link ↗ |
| CDRG_605_202306.txt | 202306 | detailed | challenge | 2026-10-12T14:24:47.545+00:00 | File Link ↗ |
| CDRG_605_202311.txt | 202311 | detailed | challenge | 2026-10-12T14:24:47.954+00:00 | File Link ↗ |
| CDRG_605_202210.txt | 202210 | detailed | challenge | 2026-10-12T14:24:48.241+00:00 | File Link ↗ |
| CDRG_605_202205.txt | 202205 | detailed | challenge | 2026-10-12T14:24:48.535+00:00 | File Link ↗ |
| CDRG_605_202202.txt | 202202 | detailed | challenge | 2026-10-12T15:24:37+00:00 | File Link ↗ |
| CDRG_605_202204.txt | 202204 | detailed | challenge | 2026-10-12T15:24:37.264+00:00 | File Link ↗ |
| CDRG_605_202408.txt | 202408 | detailed | challenge | 2026-10-12T15:24:37.525+00:00 | File Link ↗ |
| CDRG_605_202301.txt | 202301 | detailed | challenge | 2026-10-12T15:24:37.793+00:00 | File Link ↗ |
| CDRG_605_202304.txt | 202304 | detailed | challenge | 2026-10-12T15:24:38.066+00:00 | File Link ↗ |
| CDRG_S3_605_202506.txt | 202506 | detailed | challenge | 2026-10-12T15:24:38.335+00:00 | File Link ↗ |
4. Coverage Gaps & Review Limitations
Suppressed Cells
0
Tiers with < 100 covered ordersMissing Files
0
Months unretrievableMethodological 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.
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