← Back to Market Centers
Print to PDF: browser Print (Ctrl+P / Cmd+P)
Rule 605 Market Center Scorecard
CITADEL SECURITIES, LLC
MPID Firm: Citadel Securities LLC(CDRG) • Location: CHICAGO, IL
Status: ACTIVE
Generated: Wed, 07 Oct 2026 09:09:19 GMT
Quarter:2026Q3
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-Dealer | CRD | Month | Section | Route % | Mkt % | Limit % | PFOF Mkt (¢/100) | PFOF Mkt ($) | Action |
|---|---|---|---|---|---|---|---|---|---|
| WestPark Capital, Inc. | 39914 | 7- | other_stocks | 24.8% | 26.5% | 23.3% | 0.00 ¢ | $0.00 | Firm Review → |
| WestPark Capital, Inc. | 39914 | 7- | sp500 | 31.1% | 31.3% | 25.0% | 0.00 ¢ | $0.00 | Firm Review → |
| WestPark Capital, Inc. | 39914 | 8- | other_stocks | 24.6% | 26.4% | 24.4% | 0.00 ¢ | $0.00 | Firm Review → |
| WestPark Capital, Inc. | 39914 | 8- | sp500 | 25.7% | 28.9% | 0.0% | 0.00 ¢ | $0.00 | Firm Review → |
| WestPark Capital, Inc. | 39914 | 9- | other_stocks | 21.9% | 25.7% | 21.5% | 0.00 ¢ | $0.00 | Firm Review → |
| WestPark Capital, Inc. | 39914 | 9- | sp500 | 29.1% | 31.8% | 33.3% | 0.00 ¢ | $0.00 | Firm Review → |
| FENX | 159481 | 7- | other_stocks | 24.0% | 21.4% | 21.3% | 10.05 ¢ | $19.02 | Firm Review → |
| FENX | 159481 | 7- | sp500 | 25.4% | 25.6% | 27.4% | 10.01 ¢ | $7.91 | Firm Review → |
| FENX | 159481 | 8- | other_stocks | 20.5% | 16.9% | 14.7% | 10.01 ¢ | $92.43 | Firm Review → |
| FENX | 159481 | 8- | sp500 | 17.0% | 17.6% | 8.5% | 10.13 ¢ | $7.59 | Firm Review → |
| FENX | 159481 | 9- | other_stocks | 22.2% | 13.4% | 15.1% | 0.00 ¢ | $0.00 | Firm Review → |
| FENX | 159481 | 9- | sp500 | 19.1% | 15.0% | 10.8% | 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 Name | Month | Kind | Status | Fetched At | Source URL |
|---|---|---|---|---|---|
| CDRG_605_202607.txt | 202607 | detailed | challenge | 2026-10-01T06:17:55.821+00:00 | File Link ↗ |
4. Coverage Gaps & Review Limitations
Suppressed Cells
0
Tiers with < 100 covered ordersMissing Files
1
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.