Order Routing

The U.S. Securities and Exchange Commission’s client disclosure rule, SEC Rule 606, requires all broker/dealers that route orders in equity and option securities to make available quarterly reports that present a general overview of their routing practices. This general information for Avondale is available at www.tagaudit.com/rule6.asp?user=avon. Upon request, we will provide you with detailed information about orders you entered (six month look back available), including the identity of the venue to which your orders were routed for execution, whether the order was specified “directed” or not, and execution details, if any.