SEC 606 Reporting

SEC Rule 606 Order Routing and Execution
Order Routing & Execution Practices

In accordance with U.S. Securities and Exchange Commission (SEC) Rule 606, Univest Securities is publishing this information about its order routing practices in US exchange-listed equity securities and options.

Univest routes all orders in Rule 606 reportable securities to Velox Clearing, our Clearing Firm partner, and REDI and SpeedRoute LLC for order routing and execution. Velox may not be the ultimate execution venue for such orders, and these orders may be further routed by Velox to other execution venues. Velox may receive remuneration from executing venues through maker-taker pricing or other applicable execution venue fees or rebates. Univest does not receive any order flow payments for orders routed, including any execution venue fees or rebates that may be paid by an executing venue. Univest significantly paid fee to REDI and SpeedRoute for order routing and execution.

Univest does not select the execution venues to which Velox routes Rule 606 reportable securities for execution. As a result, Velox is better positioned to prepare a quarterly report that reflects any execution venue specific maker-taker arrangements or other execution venue fees or rebates. Other executing firms Rule 606 reports are available here as well.

You can access these reports through Velox Clearing