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Rule 605 Market Center Scorecard
TWO SIGMA SECURITIES, LLC
MPID Firm: Two Sigma Securities, LLC(SOHO) • Location: new york, ny
Status: ACTIVE
Generated: Wed, 07 Oct 2026 07:58:39 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.
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 |
|---|---|---|---|---|---|
| TSOHO202607.dat | 202607 | detailed | stored | 2026-09-28T18:18:33.646+00:00 | File Link ↗ |
| TSOHO202607.zip | 202607 | detailed | variant | File Link ↗ | |
| SOHS202608.csv | 202608 | summary | stored | 2026-09-30T21:23:45.005902831+00:00 | File Link ↗ |
| SOHW202608.zip | 202608 | detailed | stored | 2026-09-30T21:23:45.748759452+00:00 | File Link ↗ |
| SOHS202608.zip | 202608 | detailed | stored | 2026-09-30T21:23:45.748769291+00:00 | File Link ↗ |
| SOHW202608.csv | 202608 | summary | stored | 2026-09-30T21:23:45.748772406+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.