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Rule 605 Market Center Scorecard
GOLDMAN SACHS CUSTODY SOLUTIONS
Status: ACTIVE
Generated: Thu, 15 Oct 2026 22:44:33 GMT
Quarter:2026Q3
Covered Orders8,338Across all reported tiers
Covered Shares1,814,807In Q3 2026
Active Tiers64Order 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market | <$250 • Odd Lot | 949 | 5,683 | — | 95.3% | 5.8 bps | — | — | 44th | — | 99.6% |
| Market | <$250 • Round Lot | 1 | 248 | — | — | — | — | — | — | — | — |
| Market | $250–$999 • Odd Lot | 1,579 | 15,603 | — | 91.5% | 5.2 bps | — | — | 50th | — | 96.4% |
| Market | $250–$999 • Round Lot | 31 | 4,926 | — | — | — | — | — | — | — | — |
| Market | $1k–$5k • Odd Lot | 844 | 25,979 | — | 85.0% | 3.4 bps | — | — | 40th | — | 92.6% |
| Market | $1k–$5k • Round Lot | 645 | 235,839 | — | 51.2% | 6.3 bps | — | — | 44th | — | 97.1% |
| Market | $5k–$10k • Odd Lot | 156 | 7,200 | — | 92.3% | 2.8 bps | — | — | 34th | — | 97.9% |
| Market | $5k–$10k • Round Lot | 335 | 130,294 | — | 59.6% | 3.6 bps | — | — | 35th | — | 99.0% |
| Market | $10k–$20k • Odd Lot | 53 | 2,753 | — | — | — | — | — | — | — | — |
| Market | $10k–$20k • Round Lot | 368 | 209,836 | — | 53.8% | 3.1 bps | — | — | 39th | — | 99.0% |
| Market | $20k–$50k • Odd Lot | 1 | 90 | — | — | — | — | — | — | — | — |
| Market | $20k–$50k • Round Lot | 382 | 313,993 | — | 49.7% | 2.4 bps | — | — | 35th | — | 96.6% |
| Market | $50k–$200k • Round Lot | 282 | 459,578 | — | 46.0% | 1.6 bps | — | — | 38th | — | 94.0% |
| Market | ≥$200k • Round Lot | 22 | 61,975 | — | — | — | — | — | — | — | — |
| Marketable Limit | <$250 • Odd Lot | 1 | 1 | — | — | — | — | — | — | — | — |
| Marketable Limit | $250–$999 • Odd Lot | 10 | 97 | — | — | — | — | — | — | — | — |
| Marketable Limit | $1k–$5k • Odd Lot | 25 | 626 | — | — | — | — | — | — | — | — |
| Marketable Limit | $1k–$5k • Round Lot | 19 | 11,550 | — | — | — | — | — | — | — | — |
| Marketable Limit | $5k–$10k • Odd Lot | 1 | 30 | — | — | — | — | — | — | — | — |
| Marketable Limit | $5k–$10k • Round Lot | 7 | 3,255 | — | — | — | — | — | — | — | — |
| Marketable Limit | $10k–$20k • Odd Lot | 1 | 25 | — | — | — | — | — | — | — | — |
| Marketable Limit | $10k–$20k • Round Lot | 11 | 6,893 | — | — | — | — | — | — | — | — |
| Marketable Limit | $20k–$50k • Round Lot | 8 | 19,029 | — | — | — | — | — | — | — | — |
| Marketable Limit | $50k–$200k • Round Lot | 8 | 10,366 | — | — | — | — | — | — | — | — |
| Marketable Limit | ≥$200k • Round Lot | 2 | 8,567 | — | — | — | — | — | — | — | — |
| Non-Marketable Limit | $250–$999 • Odd Lot | 6 | 185 | — | — | — | — | — | — | — | — |
| Non-Marketable Limit | $1k–$5k • Odd Lot | 24 | 896 | — | — | — | — | — | — | — | — |
| Non-Marketable Limit | $1k–$5k • Round Lot | 84 | 39,600 | — | — | — | — | — | — | — | — |
| Non-Marketable Limit | $5k–$10k • Odd Lot | 7 | 265 | — | — | — | — | — | — | — | — |
| Non-Marketable Limit | $5k–$10k • Round Lot | 7 | 3,200 | — | — | — | — | — | — | — | — |
| Non-Marketable Limit | $10k–$20k • Round Lot | 17 | 1,932 | — | — | — | — | — | — | — | — |
| Non-Marketable Limit | $20k–$50k • Round Lot | 7 | 2,424 | — | — | — | — | — | — | — | — |
| Non-Marketable Limit | $50k–$200k • Round Lot | 9 | 9,549 | — | — | — | — | — | — | — | — |
| Market | <$250 • Odd Lot | 70 | 199 | — | — | — | — | — | — | — | — |
| Market | $250–$999 • Odd Lot | 525 | 2,580 | — | 95.8% | 1.4 bps | — | — | 12th | — | 98.1% |
| Market | $1k–$5k • Odd Lot | 734 | 11,109 | — | 93.7% | 1.7 bps | — | — | 16th | — | 94.8% |
| Market | $1k–$5k • Round Lot | 15 | 1,924 | — | — | — | — | — | — | — | — |
| Market | $5k–$10k • Odd Lot | 256 | 7,984 | — | 89.4% | 1.3 bps | — | — | 5th | — | 98.3% |
| Market | $5k–$10k • Round Lot | 16 | 2,442 | — | — | — | — | — | — | — | — |
| Market | $10k–$20k • Odd Lot | 152 | 5,513 | — | 93.3% | 1.6 bps | — | — | 15th | — | 99.2% |
| Market | $10k–$20k • Round Lot | 103 | 16,744 | — | 52.0% | 0.9 bps | — | — | 7th | — | 100.0% |
| Market | $20k–$50k • Odd Lot | 37 | 1,600 | — | — | — | — | — | — | — | — |
| Market | $20k–$50k • Round Lot | 204 | 36,324 | — | 65.6% | 0.8 bps | — | — | 5th | — | 100.0% |
| Market | $50k–$200k • Odd Lot | 1 | 36 | — | — | — | — | — | — | — | — |
| Market | $50k–$200k • Round Lot | 154 | 73,254 | — | 60.6% | 1.1 bps | — | — | 15th | — | 100.0% |
| Market | ≥$200k • Round Lot | 28 | 41,708 | — | — | — | — | — | — | — | — |
| Marketable Limit | $250–$999 • Odd Lot | 6 | 60 | — | — | — | — | — | — | — | — |
| Marketable Limit | $1k–$5k • Odd Lot | 11 | 172 | — | — | — | — | — | — | — | — |
| Marketable Limit | $5k–$10k • Odd Lot | 4 | 90 | — | — | — | — | — | — | — | — |
| Marketable Limit | $5k–$10k • Round Lot | 1 | 200 | — | — | — | — | — | — | — | — |
| Marketable Limit | $10k–$20k • Odd Lot | 2 | 60 | — | — | — | — | — | — | — | — |
| Marketable Limit | $10k–$20k • Round Lot | 4 | 350 | — | — | — | — | — | — | — | — |
| Marketable Limit | $20k–$50k • Round Lot | 1 | 60 | — | — | — | — | — | — | — | — |
| Marketable Limit | $50k–$200k • Round Lot | 5 | 3,609 | — | — | — | — | — | — | — | — |
| Non-Marketable Limit | $250–$999 • Odd Lot | 6 | 22 | — | — | — | — | — | — | — | — |
| Non-Marketable Limit | $1k–$5k • Odd Lot | 9 | 236 | — | — | — | — | — | — | — | — |
| Non-Marketable Limit | $1k–$5k • Round Lot | 1 | 100 | — | — | — | — | — | — | — | — |
| Non-Marketable Limit | $5k–$10k • Odd Lot | 16 | 550 | — | — | — | — | — | — | — | — |
| Non-Marketable Limit | $5k–$10k • Round Lot | 22 | 1,700 | — | — | — | — | — | — | — | — |
| Non-Marketable Limit | $10k–$20k • Odd Lot | 6 | 170 | — | — | — | — | — | — | — | — |
| Non-Marketable Limit | $10k–$20k • Round Lot | 17 | 1,550 | — | — | — | — | — | — | — | — |
| Non-Marketable Limit | $20k–$50k • Round Lot | 8 | 1,041 | — | — | — | — | — | — | — | — |
| Non-Marketable Limit | $50k–$200k • Round Lot | 21 | 10,528 | — | — | — | — | — | — | — | — |
| Non-Marketable Limit | ≥$200k • Round Lot | 1 | 405 | — | — | — | — | — | — | — | — |
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 |
|---|---|---|---|---|---|
| FTBR202608.zip | 202608 | detailed | stored | 2026-10-15T20:04:09.069596081+00:00 | File Link ↗ |
4. Coverage Gaps & Review Limitations
Suppressed Cells
48
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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