Risk Statements and Disclosures

Quarterly Order Routing Report SEC Rule 606 [Formerly Rule 11AC1-6]

OptionsHouse, LLC has prepared this report pursuant to a US Securities and Exchange Commission rule requiring all brokerage firms to make publicly available quarterly reports describing their order routing practices. The report provides information on the routing of non-directed orders (any order that the customer has not specifically instructed to be routed to a particular venue for execution). For non-directed orders, OptionsHouse will determine the execution venues for its customers.

The reports are broken down into 4 sections: 1) NYSE equities 2) NASDAQ equities 3) Amex or regional exchange traded equities 4) exchange listed options. Each section will show non-directed orders as a percentage of total customer orders, market orders as a percentage of non-directed orders, and limit orders as a percentage of non-directed orders. Each section will address material relationships with each venue to which trades are routed.

Click a report to view it.

2008
2007
2006

September 30, 2008

AMEX/Other Stock
Non-directedMarket Orders %Limit Orders %
TOTAL100%33%66%
AMEX100%49%51%
ARCA100%0%100%
ARCX100%51%48%
ATD100%0%100%
BOX100%49%51%
CBOE100%56%43%
ISE100%48%52%
NYFX100%0%100%
NYSE100%0%100%
PHLX100%49%50%
SBSH100%13%85%
SIGMA100%0%100%
TRIM100%0%100%
NASDAQ
Non-directedMarket Orders %Limit Orders %
TOTAL100%13%86%
AMEX100%25%75%
ARCA100%0%100%
ARCX100%24%74%
AT100%0%100%
ATD100%0%100%
BOX100%17%81%
CBOE100%21%78%
CITADEL100%0%100%
ISE100%19%80%
NITE100%0%100%
PHLX100%21%78%
SBSH100%7%92%
SIGMA100%0%100%
NYSE
Non-directedMarket Orders %Limit Orders %
TOTAL100%21%78%
AMEX100%29%71%
ARCA100%0%100%
ARCX100%30%69%
ATD100%0%100%
BOX100%31%69%
CBOE100%35%64%
ISE100%23%77%
NYSE100%0%100%
PHLX100%27%73%
SBSH100%12%86%
SIGMA100%0%100%
Exchange-Listed Options
Non-directedMarket Orders %Limit Orders %
TOTAL100%12%87%
AMEX100%22%77%
ARCX100%17%83%
ATD100%0%100%
BOX100%23%76%
CBOE100%13%87%
CITADEL100%0%100%
CITI100%0%100%
ISE100%7%93%
NOM100%17%83%
NYFX100%0%100%
PEAK6100%7%93%
PHLX100%15%84%
PSE100%0%100%
SBSH100%0%100%
SIGM100%0%100%
SIGMA100%0%100%
(top)

June 30, 2008

AMEX/Other Stock
Non-directedMarket Orders %Limit Orders %
TOTAL100%23%76%
AMEX100%42%57%
ARCX100%41%58%
BOX100%47%52%
CBOE100%38%61%
ISE100%34%66%
PHLX100%33%65%
SBSH100%11%88%
NASDAQ
Non-directedMarket Orders %Limit Orders %
TOTAL100%21%79%
AMEX100%33%67%
ARCX100%29%70%
BOX100%32%68%
CBOE100%38%61%
ISE100%28%70%
PENSON100%0%33%
PHLX100%30%70%
SBSH100%13%87%
NYSE
Non-directedMarket Orders %Limit Orders %
TOTAL100%33%67%
AMEX100%52%48%
ARCX100%42%57%
BOX100%54%45%
CBOE100%46%54%
ISE100%37%63%
PHLX100%48%52%
SBSH100%12%87%
Exchange-Listed Options
Non-directedMarket Orders %Limit Orders %
TOTAL100%14%85%
AMEX100%26%74%
ARCX100%19%80%
BOX100%25%74%
CBOE100%15%84%
ISE100%7%92%
NOM100%20%80%
PHLX100%17%82%
(top)

March 31, 2008

NASDAQ
Non-directedMarket Orders %Limit Orders %
TOTAL100%10%88%
AMEX100%23%77%
ARCX100%29%71%
BOX100%32%66%
CBOE100%31%69%
ISE100%17%83%
PENSON100%0%0%
PHLX100%48%51%
SBSH100%8%90%
NYSE
Non-directedMarket Orders %Limit Orders %
TOTAL100%15%85%
AMEX100%32%68%
ARCX100%19%81%
BOX100%47%52%
CBOE100%22%78%
ISE100%35%65%
PHLX100%41%59%
SBSH100%10%89%
AMEX/Other Stock
Non-directedMarket Orders %Limit Orders %
TOTAL100%12%86%
AMEX100%31%69%
ARCX100%29%66%
BOX100%20%80%
CBOE100%38%58%
ISE100%29%71%
NYSE100%0%100%
PHLX100%28%71%
SBSH100%9%89%
Exchange-Listed Options
Non-directedMarket Orders %Limit Orders %
TOTAL100%7%93%
AMEX100%20%79%
ARCX100%10%87%
BOX100%20%79%
CBOE100%10%90%
ISE100%2%97%
PHLX100%9%91%
(top)

December 31, 2007

AMEX AND REGIONAL EXCHANGE STOCKS
Non-directedMarket Orders %Limit Orders %
TOTAL100%33%66%
AMEX100%47%51%
ARCX100%32%67%
BEST100%0%100%
BOX100%53%47%
CBOE100%54%45%
ISE100%56%44%
NYSE100%10%90%
PHLX100%52%46%
SBSH100%17%79%
NASDAQ STOCKS
Non-directedMarket Orders %Limit Orders %
TOTAL100%21%78%
AMEX100%45%53%
ARCX100%14%85%
BOX100%33%67%
CBOE100%47%51%
ISE100%31%68%
PENSON100%0%0%
PHLX100%30%70%
SBSH100%8%89%
NYSE STOCKS
Non-directedMarket Orders %Limit Orders %
TOTAL100%26%72%
AMEX100%59%41%
ARCX100%41%59%
BOX100%26%74%
CBOE100%29%69%
ISE100%20%74%
NYSE100%4%96%
PHLX100%28%64%
SBSH100%7%91%
EXCHANGE-LISTED OPTIONS
Non-directedMarket Orders %Limit Orders %
TOTAL100%13%86%
AMEX100%27%71%
ARCX100%22%75%
BOX100%24%75%
CBOE100%13%86%
ISE100%6%93%
P100%13%87%
PHLX100%18%80%
PHLX_PRINTER100%0%100%
(top)

September 30, 2007

AMEX AND REGIONAL EXCHANGE STOCKS
Non-directedMarket Orders %Limit Orders %
TOTAL100%22%77%
AMEX100%18%81%
ARCX100%30%70%
BOX100%39%61%
CBOE100%29%71%
ISE100%35%65%
ISLAND100%16%80%
NYSE100%16%84%
PHLX100%39%61%
SBSH100%5%78%
TMBR100%50%50%
NASDAQ STOCKS
Non-directedMarket Orders %Limit Orders %
TOTAL100%15%84%
AMEX100%19%81%
ARCX100%13%87%
BOX100%33%64%
BTRADE100%0%100%
CBOE100%22%78%
DRCTEDGE100%17%77%
ISE100%45%55%
ISLAND100%6%91%
NSX100%4%92%
PHLX100%19%81%
SBSH100%6%72%
NYSE STOCKS
Non-directedMarket Orders %Limit Orders %
TOTAL100%27%71%
AMEX100%41%50%
ARCX100%34%63%
BOX100%73%27%
CBOE100%51%49%
ISE100%57%43%
ISLAND100%10%90%
NYSE100%14%86%
PHLX100%11%89%
SBSH100%29%43%
EXCHANGE-LISTED OPTIONS
Non-directedMarket Orders %Limit Orders %
TOTAL100%7%93%
AMEX100%18%81%
ARCX100%23%76%
BOX100%16%84%
CBOE100%7%93%
ISE100%3%96%
P100%11%89%
PCX100%0%100%
PHLX100%11%88%
PSE100%1%99%
SBSH100%0%100%
(top)

June 30, 2007

AMEX AND REGIONAL EXCHANGE STOCKS
Non-directedMarket Orders %Limit Orders %
TOTAL100%29%70%
AMEX100%9%89%
ARCA100%45%55%
ARCX100%20%78%
CAES100%77%23%
CHX100%0%100%
ICE100%13%87%
ISLAND100%50%50%
N100%0%100%
NYSE100%6%93%
TMBR100%18%79%
NASDAQ STOCKS
Non-directedMarket Orders %Limit Orders %
TOTAL100%22%76%
ARCA100%45%51%
ARCX100%19%77%
BTRADE100%33%67%
DRCTEDGE100%23%64%
ISE100%4%96%
ISLAND100%19%79%
NSX100%52%48%
TMBR100%20%78%
NYSE STOCKS
Non-directedMarket Orders %Limit Orders %
TOTAL100%6%94%
ARCX100%22%78%
ISE100%11%89%
ISLAND100%0%100%
NYSE100%2%97%
TMBR100%19%81%
EXCHANGE-LISTED OPTIONS
Non-directedMarket Orders %Limit Orders %
TOTAL100%3%85%
5100%0%100%
AMEX100%5%92%
ARCX100%0%100%
BOX100%3%97%
CBOE100%3%97%
ISE100%2%98%
P100%17%83%
PHLX100%7%93%
PSE100%4%96%
W100%0%100%
(top)

March 31, 2007

NASDAQ
Non-directedMarket Orders %Limit Orders %
TOTAL100%9%89%
ARCA100%14%84%
BTRADE100%0%100%
DRCTEDGE100%10%90%
ISE100%25%75%
ISLAND100%7%92%
NSX100%0%89%
TMBR100%12%86%
NYSE
Non-directedMarket Orders %Limit Orders %
TOTAL100%12%88%
ARCA100%100%0%
ISE100%12%88%
ISLAND100%0%100%
NYSE100%3%97%
TMBR100%18%82%
AMEX/Other Stock
Non-directedMarket Orders %Limit Orders %
TOTAL100%41%58%
AMEX100%0%100%
ARCA100%45%53%
CAES100%32%68%
ISE100%38%62%
ISLAND100%59%39%
N100%0%100%
NYSE100%27%70%
TMBR100%20%80%
Exchange-Listed Options
Non-directedMarket Orders %Limit Orders %
TOTAL100%3%97%
AMEX100%9%91%
BOX100%6%94%
CBOE100%1%99%
ISE100%2%98%
PHLX100%7%93%
PSE100%7%93%
(top)

December 31, 2006

NASDAQ
Non-directedMarket Orders %Limit Orders %
TOTAL100%8%92%
ARCA100%12%88%
BRUT100%0%100%
BTRADE100%0%100%
ISLAND100%9%90%
NASDAQ100%0%100%
SMRT100%0%100%
SUPERSOES100%0%100%
TMBR100%21%79%
XBRT100%0%100%
NYSE
Non-directedMarket Orders %Limit Orders %
TOTAL100%31%69%
TMBR100%0%100%
NYSE100%29%71%
ISLAND100%30%70%
BRUT100%0%100%
ARCA100%100%0%
AMEX/Other Stock
Non-directedMarket Orders %Limit Orders %
TOTAL100%12%80%
AMEX100%0%80%
ARCA100%14%86%
CAES100%0%100%
ISLAND100%30%30%
NYSE100%3%97%
TMBR100%25%75%
US Options
Non-directedMarket Orders %Limit Orders %
TOTAL100%2%98%
AMEX100%0%100%
BOX100%0%100%
CBOE100%1%99%
ISE100%0%100%
PHLX100%5%95%
PHO100%0%100%
PSE100%15%85%
(top)

September 30, 2006

NASDAQ
Non-directedMarket Orders %Limit Orders %
TOTAL100%18%82%
TMBR100%88%12%
NASDAQ100%19%81%
XBRT100%0%100%
SMRT100%0%100%
ISLAND100%0%100%
ISE100%0%100%
NYSE
Non-directedMarket Orders %Limit Orders %
TOTAL100%10%72%
TMBR100%0%50%
NYSE100%29%67%
SMRT100%0%100%
AMEX/Other Stock
Non-directedMarket Orders %Limit Orders %
TOTAL100%22%78%
PHLX100%57%43%
PHO100%0%100%
CBOE100%16%84%
PSE100%0%100%
AMEX100%11%89%
BOX100%67%33%
ISE100%3%97%
US Options
Non-directedMarket Orders %Limit Orders %
TOTAL100%63%37%
TMBR100%100%0%
NYSE100%38%62%
AMEX100%50%50%
(top)
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