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Rule 605 Market Center Scorecard
DRIVEWEALTH, LLC
Status: ACTIVE
Generated: Wed, 14 Oct 2026 18:29:35 GMT
Quarter:2026Q3
Covered Orders11,998,899Across all reported tiers
Covered Shares3,049,343,764In Q3 2026
Active Tiers53Order class × notional buckets
Routing Brokers0Disclosed in 606 filings
1. Amended Rule 605 Scorecard vs. Mix-Adjusted Peers — 2026-08
Execution metrics across order classes and the 24 notional × lot categories, benchmarked against what competing market centers delivered on identical symbols.
| Class | Notional × Lot | Orders | Covered Sh | Fill Rate | PI Rate | NPI (bps) | Peer Bench (bps) | Coverage | Rank Pctl | Eff Spread | Speed <1s |
|---|---|---|---|---|---|---|---|---|---|---|---|
| marketable_limit | <$250 • ODD | 2,996,721 | 50,872,637 | 31.1% | 83.8% | 14.4 bps | -76.1 bps | 98% | 95th | $0.0150 | 99.6% |
| marketable_limit | <$250 • ROUND | 495,695 | 140,522,970 | 24.4% | 67.2% | 11.7 bps | -68.7 bps | 98% | 57th | $0.0022 | 99.7% |
| marketable_limit | $250–$999 • ODD | 508,144 | 18,745,676 | 37.7% | 90.8% | 12.3 bps | -53.1 bps | 92% | 98th | $0.0425 | 99.6% |
| marketable_limit | $250–$999 • ROUND | 673,344 | 426,739,155 | 25.1% | 66.9% | 12.0 bps | -73.3 bps | 98% | 65th | $0.0042 | 99.1% |
| marketable_limit | $1k–$5k • ODD | 152,401 | 5,590,080 | 52.2% | 92.9% | 3.7 bps | -22.1 bps | 88% | 76th | $0.0612 | 99.7% |
| marketable_limit | $1k–$5k • ROUND | 386,464 | 611,985,837 | 24.7% | 60.5% | 9.4 bps | -50.7 bps | 95% | 80th | $0.0070 | 97.4% |
| marketable_limit | $5k–$10k • ODD | 16,659 | 923,980 | 84.9% | 97.1% | 1.3 bps | -21.4 bps | 93% | 45th | $0.0712 | 99.9% |
| marketable_limit | $5k–$10k • ROUND | 56,670 | 191,391,427 | 24.3% | 45.2% | 2.9 bps | -33.4 bps | 70% | 59th | $0.0096 | 94.2% |
| marketable_limit | $10k–$20k • ODD | 3,026 | 254,038 | 85.2% | 97.3% | 1.4 bps | -16.7 bps | 94% | 50th | $0.0786 | 100.0% |
| marketable_limit | $10k–$20k • ROUND | 28,203 | 106,967,573 | 25.7% | 35.8% | -0.5 bps | -17.1 bps | 35% | 9th | $0.0136 | 89.0% |
| marketable_limit | $20k–$50k • ODD | 9 | 594 | — | — | — | — | — | — | — | — |
| marketable_limit | $20k–$50k • ROUND | 15,202 | 68,437,453 | 25.9% | 34.1% | -2.4 bps | -10.5 bps | 19% | 10th | $0.0193 | 86.9% |
| marketable_limit | $50k–$200k • ROUND | 3,701 | 19,475,208 | 30.1% | 43.4% | -1.7 bps | -9.0 bps | 26% | 10th | $0.0263 | 85.2% |
| marketable_limit | ≥$200k • ROUND | 343 | 2,849,433 | 14.8% | 46.4% | -0.3 bps | -7.4 bps | 74% | 42nd | $0.0415 | 95.0% |
| nonmarketable_limit | <$250 • ODD | 3,583,687 | 48,751,103 | 1.6% | 100.0% | 41.0 bps | 118.2 bps | 96% | 85th | $0.0347 | 53.2% |
| nonmarketable_limit | <$250 • ROUND | 459,588 | 134,590,607 | 0.1% | 100.0% | 42.1 bps | 87.2 bps | 77% | 35th | $0.0099 | 50.2% |
| nonmarketable_limit | $250–$999 • ODD | 744,025 | 23,058,737 | 3.7% | 100.0% | 30.5 bps | 107.4 bps | 89% | 83rd | $0.0508 | 59.8% |
| nonmarketable_limit | $250–$999 • ROUND | 587,831 | 372,807,123 | 0.2% | 100.0% | 45.9 bps | 219.0 bps | 84% | 41st | $0.0172 | 49.6% |
| nonmarketable_limit | $1k–$5k • ODD | 251,317 | 8,351,644 | 6.9% | 100.0% | 11.2 bps | 35.9 bps | 85% | 46th | $0.0668 | 61.5% |
| nonmarketable_limit | $1k–$5k • ROUND | 375,855 | 507,456,910 | 0.3% | 100.0% | 39.7 bps | 189.7 bps | 80% | 83rd | $0.0266 | 46.8% |
| nonmarketable_limit | $5k–$10k • ODD | 29,116 | 1,583,086 | 12.1% | 100.0% | 4.3 bps | 26.0 bps | 90% | 15th | $0.0549 | 68.7% |
| nonmarketable_limit | $5k–$10k • ROUND | 60,481 | 147,650,021 | 0.4% | 99.9% | 26.6 bps | 136.1 bps | 51% | 81st | $0.0324 | 41.0% |
| nonmarketable_limit | $10k–$20k • ODD | 5,555 | 456,263 | 12.0% | 100.0% | 4.6 bps | 30.0 bps | 86% | 13th | $0.0660 | 68.8% |
| nonmarketable_limit | $10k–$20k • ROUND | 33,906 | 76,967,896 | 0.6% | 100.0% | 13.4 bps | 42.9 bps | 44% | 51st | $0.0393 | 38.8% |
| nonmarketable_limit | $20k–$50k • ODD | 35 | 2,705 | — | — | — | — | — | — | — | — |
| nonmarketable_limit | $20k–$50k • ROUND | 19,586 | 54,906,949 | 0.9% | 100.0% | 9.1 bps | 27.2 bps | 47% | 45th | $0.0445 | 36.6% |
| nonmarketable_limit | $50k–$200k • ROUND | 4,792 | 18,407,086 | 1.3% | 100.0% | 6.2 bps | 10.8 bps | 51% | 34th | $0.0475 | 37.6% |
| nonmarketable_limit | ≥$200k • ROUND | 334 | 2,697,541 | — | 100.0% | 4.1 bps | — | — | 22nd | — | 33.0% |
| marketable_limit | <$250 • ODD | 70,957 | 100,983 | 87.7% | 97.0% | 1.7 bps | -21.2 bps | 93% | 63rd | $0.0660 | 99.9% |
| marketable_limit | $250–$999 • ODD | 53,700 | 273,380 | 86.1% | 96.7% | 1.8 bps | -21.0 bps | 89% | 64th | $0.0898 | 99.9% |
| marketable_limit | $1k–$5k • ODD | 33,830 | 577,891 | 85.7% | 97.3% | 2.0 bps | -19.1 bps | 91% | 69th | $0.1182 | 99.9% |
| marketable_limit | $1k–$5k • ROUND | 935 | 115,623 | 90.7% | 97.3% | 0.7 bps | -9.6 bps | 83% | 50th | $0.0090 | 100.0% |
| marketable_limit | $5k–$10k • ODD | 5,145 | 226,988 | 83.1% | 97.5% | 2.1 bps | -24.7 bps | 84% | 70th | $0.1681 | 100.0% |
| marketable_limit | $5k–$10k • ROUND | 692 | 131,695 | 86.4% | 95.6% | 0.6 bps | -11.1 bps | 48% | 47th | $0.0118 | 99.8% |
| marketable_limit | $10k–$20k • ODD | 1,384 | 98,370 | 83.3% | 98.1% | 2.2 bps | -20.7 bps | 85% | 77th | $0.1781 | 100.0% |
| marketable_limit | $10k–$20k • ROUND | 1,376 | 234,540 | 84.4% | 96.6% | 1.8 bps | -25.7 bps | 55% | 70th | $0.0773 | 99.8% |
| marketable_limit | $20k–$50k • ODD | 43 | 1,602 | — | — | — | — | — | — | — | — |
| marketable_limit | $20k–$50k • ROUND | 1,531 | 443,611 | 83.2% | 95.1% | 1.9 bps | -25.8 bps | 44% | 79th | $0.0932 | 99.9% |
| marketable_limit | $50k–$200k • ROUND | 400 | 267,543 | 68.3% | 89.3% | 1.8 bps | -17.7 bps | 52% | 79th | $0.1121 | 99.9% |
| marketable_limit | ≥$200k • ROUND | 73 | 308,330 | — | — | — | — | — | — | — | — |
| nonmarketable_limit | <$250 • ODD | 132,500 | 180,127 | 8.6% | 100.0% | 5.1 bps | 35.2 bps | 92% | 63rd | $0.0653 | 45.7% |
| nonmarketable_limit | $250–$999 • ODD | 114,558 | 470,476 | 11.5% | 100.0% | 5.0 bps | 32.5 bps | 90% | 72nd | $0.0791 | 52.4% |
| nonmarketable_limit | $250–$999 • ROUND | 1 | 100 | — | — | — | — | — | — | — | — |
| nonmarketable_limit | $1k–$5k • ODD | 68,322 | 969,170 | 13.9% | 100.0% | 5.1 bps | 35.3 bps | 89% | 69th | $0.0859 | 60.0% |
| nonmarketable_limit | $1k–$5k • ROUND | 1,168 | 137,688 | 1.6% | 100.0% | 3.1 bps | 25.4 bps | 72% | 41st | $0.0115 | 28.4% |
| nonmarketable_limit | $5k–$10k • ODD | 10,135 | 397,404 | 16.4% | 100.0% | 5.0 bps | 41.5 bps | 84% | 71st | $0.0908 | 67.5% |
| nonmarketable_limit | $5k–$10k • ROUND | 968 | 168,466 | 4.7% | 100.0% | 3.0 bps | 25.4 bps | 43% | 51st | $0.0135 | 34.5% |
| nonmarketable_limit | $10k–$20k • ODD | 2,821 | 174,571 | 18.1% | 100.0% | 5.1 bps | 35.8 bps | 82% | 73rd | $0.0997 | 70.3% |
| nonmarketable_limit | $10k–$20k • ROUND | 2,267 | 346,325 | 9.3% | 100.0% | 5.2 bps | 62.8 bps | 61% | 84th | $0.0696 | 50.7% |
| nonmarketable_limit | $20k–$50k • ODD | 126 | 5,633 | 14.0% | 100.0% | 5.6 bps | — | 0% | 81st | $0.3433 | 65.5% |
| nonmarketable_limit | $20k–$50k • ROUND | 2,491 | 574,682 | 12.0% | 100.0% | 4.8 bps | 64.7 bps | 65% | 79th | $0.0874 | 59.2% |
| nonmarketable_limit | $50k–$200k • ROUND | 699 | 474,779 | 8.0% | 100.0% | 4.5 bps | 55.0 bps | 62% | 78th | $0.0884 | 54.4% |
| nonmarketable_limit | ≥$200k • ROUND | 87 | 220,055 | — | — | — | — | — | — | — | — |
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 2026Q3.
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 |
|---|---|---|---|---|---|
| DWFT202608.csv | 202608 | summary | stored | 2026-09-30T21:17:20.841279484+00:00 | File Link ↗ |
| DWWT202608.csv | 202608 | summary | stored | 2026-09-30T21:17:20.841281498+00:00 | File Link ↗ |
| DWWT202608.zip | 202608 | detailed | stored | 2026-09-30T21:17:20.841282831+00:00 | File Link ↗ |
| DWFT202608.zip | 202608 | detailed | stored | 2026-09-30T21:17:20.841283993+00:00 | File Link ↗ |
| DWWT202608.zip | 202608 | detailed | stored | 2026-09-30T21:23:46.642780418+00:00 | File Link ↗ |
| DWWT202608.csv | 202608 | summary | stored | 2026-09-30T21:23:46.642782382+00:00 | File Link ↗ |
4. Coverage Gaps & Review Limitations
Suppressed Cells
6
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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