SEC Rule 606 Report - Raymond James & Associates - 4th Qtr, 2009
List of Execution Venues for MiFID
(Percentages of Total Non-Directed Orders Routed to Individual Route Venues)

Securities Listed on New York Stock Exchange
Route VenuesTotal (%)Market (%)Limit (%)Other (%)
Total (%)100 48 13 39
Knight Capital Markets 48.16 42.03 47.96 55.76
Auto Trading Desk Fin Svc 40.02 48.60 43.58 28.29
E*Trade Capital Markets, 4.70 4.79 2.93 5.18
99.91% of total customer orders were non-directed orders.

Securities Listed on The Nasdaq Stock Market
Route VenuesTotal (%)Market (%)Limit (%)Other (%)
Total (%)100 44 19 37
Vandham Securities Corp. 21.42 22.24 13.92 24.38
Knight Equity Markets 20.33 17.57 25.82 20.74
Citadel Derivatives Group 19.87 21.75 21.17 16.96
Hudson Securities 19.07 20.59 21.23 16.12
UBS Securities LLC 9.41 9.92 9.63 8.69
Domestic Securities, Inc. 5.25 5.48 4.97 5.12
100.00% of total customer orders were non-directed orders.

Securities Listed on NYSE Amex or Regional Exchanges
Route VenuesTotal (%)Market (%)Limit (%)Other (%)
Total (%)100 51 9 40
Auto Trading Desk Fin Svc 78.58 83.96 69.64 73.81
Knight Capital Markets 16.35 14.17 18.91 18.53
99.56% of total customer orders were non-directed orders.

Exchange-Listed Options
  No Covered Orders


Material Aspects of Relationship with Route Venues
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