FERRETTI GROUP, INC.

77 WATER STREET, SUITE 1604
NEW YORK, NY 10005

SEC Rule 607

Pursuant to SEC Rule 607(a), we are making the following disclosure to each of our customers, “in writing, upon opening a new account and on an annual basis thereafter”:

Ferretti Group, Inc. does not direct securities orders to a particular venue, absent specific instructions from the customers regarding to where to route an order, for the sole purpose of receiving payment for order flow.  

Ferretti Group, Inc. will use its brokerage judgment that includes but is not limited to price, the opportunity for price improvement, available liquidity and the speed of execution to determine where to route a particular order.

Ferretti Group, Inc. receives payment for order flow in the form of liquidity rebates. In an effort to seek best execution, Ferretti Group, Inc. routes its client orders to national securities exchanges, alternative trading systems (ATSs) and other venues and market centers (collectively “market centers”).

Certain market centers, including many exchanges, provide rebates or charge fees based upon whether routed orders contribute liquidity to that market center or extract liquidity from the market center.

 uch rebates and fees are considered payment for order flow even though the aggregate amount of these rebates may or may not offset or exceed the fees paid to these market centers for removing liquidity during any given time period.