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

TASTYTRADE, INC.

Reporter ID: TWTT • Quarter: 2026Q3 • Methodology: exq-2
Status: ACTIVE
Generated: Wed, 14 Oct 2026 19:23:18 GMT
Quarter:2026Q3
Covered Orders3,970,469Across all reported tiers
Covered Shares240,004,747In Q3 2026
Active Tiers89Order 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.

ClassNotional × LotOrdersCovered ShFill RatePI RateNPI (bps)Peer Bench (bps)CoverageRank PctlEff SpreadSpeed <1s
market<$250 • FRACT4,1921,390—97.5%2.3 bps——42nd—99.7%
market<$250 • ODD32,612142,009—87.8%7.2 bps——53rd—100.0%
market<$250 • ROUND58786,889—74.0%25.9 bps——54th—99.9%
market$250–$999 • FRACT16891—88.5%1.1 bps——52nd—99.8%
market$250–$999 • ODD16,474292,927—88.9%6.0 bps——66th—100.0%
market$250–$999 • ROUND4,169745,324—77.0%25.1 bps——93rd—99.8%
market$1k–$5k • FRACT11————————
market$1k–$5k • ODD11,434304,935—89.3%5.1 bps——76th—100.0%
market$1k–$5k • ROUND15,9333,323,920—74.9%46.4 bps——100th—100.0%
market$5k–$10k • ODD2,46196,815—89.0%3.3 bps——46th—99.8%
market$5k–$10k • ROUND5,2272,327,191—64.1%20.0 bps——99th—100.0%
market$10k–$20k • ODD44224,215—92.8%5.9 bps——89th—100.0%
market$10k–$20k • ROUND4,8721,978,131—64.6%11.2 bps——93rd—99.8%
market$20k–$50k • ODD13812,012—90.3%26.9 bps——100th—100.0%
market$20k–$50k • ROUND2,3291,633,071—63.4%1.7 bps——28th—100.0%
market$50k–$200k • ROUND1,3922,847,203—48.1%-0.3 bps——12th—99.5%
market≥$200k • ROUND2341,404,882—33.2%-4.2 bps——5th—98.5%
marketable_limit<$250 • ODD27,298178,806—87.0%7.0 bps——64th—100.0%
marketable_limit<$250 • ROUND1,119159,773—78.6%22.6 bps——76th—99.8%
marketable_limit$250–$999 • ODD18,992476,776—82.9%23.0 bps——99th—99.8%
marketable_limit$250–$999 • ROUND5,0121,100,304—69.9%10.3 bps——60th—99.9%
marketable_limit$1k–$5k • ODD26,7081,602,190—81.8%48.0 bps——100th—99.7%
marketable_limit$1k–$5k • ROUND12,3774,042,309—64.4%4.7 bps——57th—99.6%
marketable_limit$5k–$10k • ODD4,459314,090—79.7%21.9 bps——100th—100.0%
marketable_limit$5k–$10k • ROUND7,0227,056,254—33.3%1.9 bps——49th—99.5%
marketable_limit$10k–$20k • ODD43024,148—91.3%3.9 bps——80th—100.0%
marketable_limit$10k–$20k • ROUND7,65111,265,013—26.6%1.0 bps——48th—99.4%
marketable_limit$20k–$50k • ODD251,775————————
marketable_limit$20k–$50k • ROUND7,70919,297,368—23.7%0.4 bps——33rd—99.5%
marketable_limit$50k–$200k • ROUND5,98125,284,396—21.3%0.1 bps——23rd—98.7%
marketable_limit≥$200k • ROUND93411,230,368—22.8%-0.2 bps——46th—94.7%
nonmarketable_limit<$250 • ODD100,309657,937—100.0%25.3 bps——58th—47.8%
nonmarketable_limit<$250 • ROUND1,937225,728—100.0%92.4 bps——86th—41.3%
nonmarketable_limit$250–$999 • ODD155,4532,676,446—100.0%23.4 bps——76th—61.5%
nonmarketable_limit$250–$999 • ROUND38,4274,299,907—100.0%51.8 bps——53rd—44.4%
nonmarketable_limit$1k–$5k • ODD2,226,44059,527,290—100.0%21.6 bps——85th—67.5%
nonmarketable_limit$1k–$5k • ROUND15,5624,057,373—100.0%18.9 bps——39th—39.1%
nonmarketable_limit$5k–$10k • ODD129,0944,719,897—100.0%31.0 bps——93rd—89.9%
nonmarketable_limit$5k–$10k • ROUND9,5164,176,600—100.0%16.1 bps——48th—38.4%
nonmarketable_limit$10k–$20k • ODD83,9353,898,697—100.0%32.5 bps——94th—93.7%
nonmarketable_limit$10k–$20k • ROUND22,6417,215,740—100.0%20.0 bps——80th—43.7%
nonmarketable_limit$20k–$50k • ODD11,280637,468—100.0%25.6 bps——88th—95.8%
nonmarketable_limit$20k–$50k • ROUND33,56411,121,073—100.0%29.7 bps——92nd—42.6%
nonmarketable_limit$50k–$200k • ROUND9,87211,847,502—100.0%16.4 bps——90th—39.3%
nonmarketable_limit≥$200k • ROUND6155,635,450—100.0%3.0 bps——15th—27.4%
market<$250 • FRACT7,8262,063—97.5%1.8 bps——43rd—99.7%
market<$250 • ODD4,5457,335—96.4%2.5 bps——43rd—100.0%
market$250–$999 • FRACT715422—95.2%2.1 bps——48th—99.2%
market$250–$999 • ODD8,93832,714—97.0%2.8 bps——59th—100.0%
market$1k–$5k • FRACT1511————————
market$1k–$5k • ODD13,668139,290—95.9%1.8 bps——25th—100.0%
market$1k–$5k • ROUND41545,175—93.9%2.3 bps——85th—100.0%
market$5k–$10k • ODD3,28463,891—96.0%1.9 bps——20th—100.0%
market$5k–$10k • ROUND49468,708—87.5%1.2 bps——23rd—100.0%
market$10k–$20k • ODD2,64072,078—93.6%1.6 bps——18th—100.0%
market$10k–$20k • ROUND1,518275,266—79.3%2.2 bps——58th—100.0%
market$20k–$50k • ODD44213,639—95.5%3.0 bps——53rd—100.0%
market$20k–$50k • ROUND3,509531,673—89.0%1.2 bps——18th—100.0%
market$50k–$200k • ODD15522————————
market$50k–$200k • ROUND2,557730,009—78.6%1.3 bps——29th—100.0%
market≥$200k • ROUND291282,229—67.3%0.6 bps——43rd—100.0%
marketable_limit<$250 • ODD4,3159,312—96.9%2.1 bps——74th—100.0%
marketable_limit<$250 • ROUND150————————
marketable_limit$250–$999 • ODD6,79931,386—97.8%2.1 bps——71st—100.0%
marketable_limit$250–$999 • ROUND6600————————
marketable_limit$1k–$5k • ODD8,190107,388—96.9%2.3 bps——76th—100.0%
marketable_limit$1k–$5k • ROUND86097,140—95.1%1.9 bps——84th—100.0%
marketable_limit$5k–$10k • ODD2,32462,105—97.5%2.2 bps——73rd—100.0%
marketable_limit$5k–$10k • ROUND868136,899—91.2%1.4 bps——72nd—99.8%
marketable_limit$10k–$20k • ODD1,06137,228—97.1%2.1 bps——71st—100.0%
marketable_limit$10k–$20k • ROUND1,430216,092—91.1%1.9 bps——77th—100.0%
marketable_limit$20k–$50k • ODD32411,174—99.0%2.9 bps——82nd—100.0%
marketable_limit$20k–$50k • ROUND2,099437,677—84.4%1.6 bps——63rd—99.8%
marketable_limit$50k–$200k • ODD9274————————
marketable_limit$50k–$200k • ROUND1,174415,255—77.3%1.1 bps——51st—99.8%
marketable_limit≥$200k • ROUND284614,647—55.4%0.3 bps——67th—95.9%
nonmarketable_limit<$250 • ODD10,25017,424—100.0%4.7 bps——55th—52.2%
nonmarketable_limit$250–$999 • ODD33,76396,890—100.0%5.8 bps——86th—61.5%
nonmarketable_limit$1k–$5k • ODD704,04112,713,732—100.0%6.5 bps——83rd—67.2%
nonmarketable_limit$1k–$5k • ROUND81485,599—100.0%3.6 bps——51st—36.3%
nonmarketable_limit$5k–$10k • ODD40,199878,248—100.0%5.8 bps——78th—78.6%
nonmarketable_limit$5k–$10k • ROUND1,202162,461—100.0%2.9 bps——40th—49.3%
nonmarketable_limit$10k–$20k • ODD18,831451,257—100.0%5.8 bps——82nd—79.6%
nonmarketable_limit$10k–$20k • ROUND3,111359,812—100.0%3.3 bps——44th—56.5%
nonmarketable_limit$20k–$50k • ODD1,08435,479—100.0%3.9 bps——48th—74.0%
nonmarketable_limit$20k–$50k • ROUND6,163867,275—100.0%3.3 bps——50th—62.8%
nonmarketable_limit$50k–$200k • ODD10338————————
nonmarketable_limit$50k–$200k • ROUND2,742771,380—100.0%2.4 bps——17th—63.0%
nonmarketable_limit≥$200k • ROUND6161,170,916—100.0%1.9 bps——13th—47.4%

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 NameMonthKindStatusFetched AtSource URL
TWTT202608.csv202608summarystored2026-09-30T21:17:20.841371780+00:00 File Link ↗
TWTT202608.zip202608detailedstored2026-09-30T21:17:20.841373263+00:00 File Link ↗

4. Coverage Gaps & Review Limitations

Suppressed Cells
8
Tiers with < 100 covered orders
Missing Files
0
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.
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