Payment for Order Flow
Newedge USA, LLC may receive remuneration, compensation or other consideration for the placing of orders with other broker-dealers, exchanges and market centers for execution. The nature and source of such remuneration may vary and will be disclosed to you upon request. Although this is an accepted practice, Newedge USA is always strongly committed to achieving the best execution for our clients. Newedge USA reviews of quality of execution at all of its venues.
In accordance with SEC Rule 11Ac1-6, Newedge USA provides the following disclosure and standardized quarterly report regarding Newedge USA's routing of non-directed order flow:
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