Pursuant to the Securities and Exchange Commission (SEC) Rule 605 of Regulation NMS, Folio Investments, Inc., d/b/a Goldman Sachs Custody Solutions (“GSCS”), operating under the Market Participant Identifier: FTBR, publishes statistical information, on a monthly basis, regarding its execution of covered market and limit orders in Regulation NMS stocks. SEC Rule 605 requires market centers and certain broker-dealers to publicly disclose execution quality statistics in a number of standardized categories based on certain assumptions about order execution and order routing practices.
You should note that based on the SEC’s requirements, these statistics only capture a subset of the firm’s total order flow. The required statistics are intended to provide a baseline to facilitate comparisons of execution quality among and between market centers and other trading venues. However, they do not provide a complete comparison across trading venues, because each venue’s statistics reflect only the types of orders it has received, which are in turn based on its customers’ or users’ particular objectives. Accordingly, the statistics do not create a sole or reliable basis on which to assess whether the firm has satisfied its duty of best execution.
We have made every attempt to prepare these statistics in compliance with the SEC’s rules. However, these statistics have not been audited and may contain errors. From time to time, the firm may determine it necessary to update its monthly Rule 605 data. All reports, original and amended, are available upon request.
Accordingly, any decision about whether to open an account or to direct orders to the Firm should not be based solely on these statistics, but on an evaluation of the full range of services that we provide.
No reports are currently available.