FERRETTI GROUP, INC.
77 WATER STREET, SUITE 1604
NEW YORK, NY 10005
SEC Rule 607
Securities and Exchange Commission Rule 607 requires all registered broker-dealers to provide disclosures to customers of payment for order flow practices upon the opening of a new account and annually thereafter.
Ferretti Group, Inc. sends certain equity orders to exchanges, electronic communication networks, or third-party algorithms during normal business hours and during extended trading sessions.
These market centers provide payments to Ferretti Group, Inc., or charge access fees depending upon the characteristics of the order and any subsequent execution. Certain venues are a fixed rate rebate or execution fee and are not liquidity-driven. These venues, which in turn use intelligent order routing technology, seek the best execution available in the market. Compensation is generally in the form of per share cash payment.
Ferretti Group, Inc.’s routing decisions are based on a number of factors, including but not limited to liquidity, quality of execution, and potential for price improvement. Ferretti Group, Inc. regularly reviews its routing decisions, market centers and trade executions to ensure that your orders meet our duty of best execution.
Further details of these payments and fees are available upon written request.