Legal Information
Privacy Policy
Customer Order Routing Disclosure
Anti Money Laundering Customer Notice
Customer Disclosure of Order Flow
The Securities and Exchange Commission requires broker-dealers to publicly disclose their policies and practices regarding receipt of "payment for order flow." Payment for order flow is defined as compensation or other consideration paid to a broker-dealer by a registered stock exchange of association (such as the American Stock Exchange) or by another broker-dealer, in return for directing customer orders for execution.
Corby Capital Markets, Inc. does not receive payment for order flow nor does it anticipate such activity.
Order Routing
Corby Capital Markets, Inc. routes its agency orders to National Financial Services. Pursuant to Securities and Exchange Commission Rule 11ac1-6, National Financial Services is required to publish quarterly statistics regarding their agency order routing practices. You may view their report electronically at: http://personal.fidelity.com/misc/legal/sofclegal.html.cvsr?refhp=pr
Anti-Money Laundering Customer Notice
To help the government fight the funding of terrorism and money-laundering activities, Federal law now requires all broker-dealers to obtain, verify and record information that identifies each customer who opens an account with Corby Capital Markets, Inc. When you open an account, we will ask you for identifying information, which may include copies of a photo identification such as a driver's license or passport.
Note: Broker-dealers are required to disclose any material arrangements with the venues listed in each section below, including, but not limited to, any internalization or payment for order flow arrangements.
BNB
CORBY CAPITAL MARKETS, INC.
10 HIGH STREET, 6TH FLOOR
BOSTON, MA 02110
SEC Rule 606 Quarterly Report for the Quarter Ending December 31, 2007
Securities Listed on NYSE Euronext
Summary Statistics :
Non-directed orders as percentage of total customer orders orders 100.00%
Market orders as percentage of total non-directed orders 100.00%
Limit orders as percentage of total non-directed orders 0.00%
Other orders as percentage of total non-directed orders 0.00%
Venues Receiving Significant Percentage of Total Non-Directed Orders :
1. Knight Capital Markets, L.L.C. 22.64%
2. Automated Trading Desk Financial Services, L.L.C. 16.98%
3. Madoff (Bernard L.) Investment Securities, L.L.C. 15.09%
4. Citadel Derivatives Group, L.L.C. 13.21%
5. UBS Securities, L.L.C. 13.21%
6. NYSE Euronext 11.32%
7. National Financial Services Corporation 7.55%
Information Concerning Significant Venues :
1. Knight Capital Markets, L.L.C.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 22.64%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
2. Automated Trading Desk Financial Services, L.L.C.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 16.98%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
3. Madoff (Bernard L.) Investment Securities, L.L.C.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 15.09%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
4. Citadel Derivatives Group, L.L.C.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 13.21%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
5. UBS Securities, L.L.C.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 13.21%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
6. NYSE Euronext
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 11.32%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
7. National Financial Services Corporation
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 7.55%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
Securities Listed on The Nasdaq Stock Market
Summary Statistics :
Non-directed orders as percentage of total customer orders orders 100.00%
Market orders as percentage of total non-directed orders 100.00%
Limit orders as percentage of total non-directed orders 0.00%
Other orders as percentage of total non-directed orders 0.00%
Venues Receiving Significant Percentage of Total Non-Directed Orders :
- Knight Equity Markets, L.P. 57.41%
- Automated Trading Desk Financial Services, L.L.C. 11.11%
- National Financial Services Corporation 11.11%
- Citadel Derivatives Group, L.L.C. 9.26%
- UBS Securities, L.L.C. 9.26%
- Citigroup Global Markets, Inc. 1.85%
Information Concerning Significant Venues :
1. Knight Equity Markets, L.P.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 57.41%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
2. Automated Trading Desk Financial Services, L.L.C.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 11.11%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
3. National Financial Services Corporation
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 11.11%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
4. Citadel Derivatives Group, L.L.C.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 9.26%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
5. UBS Securities, L.L.C.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 9.26%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
6. Citigroup Global Markets, Inc.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 1.85%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
Securities Listed on The American Stock Exchange or Regional Exchanges
Summary Statistics :
Non-directed orders as percentage of total customer orders 100.00%
Market orders as percentage of total non-directed orders 100.00%
Limit orders as percentage of total non-directed orders 0.00%
Other orders as percentage of total non-directed orders 0.00%
Venues Receiving Significant Percentage of Total Non-Directed Orders :
1. Citadel Derivatives Group, L.L.C. 40.00%
2. Knight Equity Markets, L.P. 40.00%
3. Archipelago Trading Services, Inc. 20.00%
Information Concerning Significant Venues :
1. Citadel Derivatives Group, L.L.C.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 40.00%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
2. Knight Equity Markets, L.P.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 40.65%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
3. Archipelago Trading Services, Inc.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 20.00%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
Exchange - Listed Options
Summary Statistics :
Non-directed orders as percentage of total customer orders 0.00%
Market orders as percentage of total non-directed orders 0.00%
Limit orders as percentage of total non-directed orders 0.00%
Other orders as percentage of total non-directed orders 0.00%
SEC Rule 606 (formerly 11AC 1-6) Quarterly Report for the Quarter Ending Dec. 31, 2006
Securities Listed on The New York Stock Exchange
Summary Statistics :
Non-directed orders as percentage of total customer orders 100.00%
Market orders as percentage of total non-directed orders 75.00%
Limit orders as percentage of total non-directed orders 25.00%
Other orders as percentage of total non-directed orders 0.00%
Venues Receiving Significant Percentage of Total Non-Directed Orders :
1. The New York Stock Exchange 42.86%
2. Knight Capital Markets, L.L.C. 17.86%
3. National Financial Services Corporation 14.29%
4. Citadel Derivatives Group, L.L.C. 7.14%
5. Automated Trading Desk Financial Services, L.L.C. 5.36%
6. Madoff (Bernard L.) Investment Securities, L.L.C. 5.36%
7. The Chicago Stock Exchange 5.36%
8. The Boston Stock Exchange 1.79%
Information Concerning Significant Venues :
1. The New York Stock Exchange
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 23.81%
Limit orders as percentage of total limit orders 100.00%
Other orders as percentage of total other orders 0.00%
2. Knight Capital Markets, L.L.C.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 23.81%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
3. National Financial Services Corporation
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 19.05%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
4. Citadel Derivatives Group, L.L.C.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 9.52%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
5. Automated Trading Desk Financial Services, L.L.C.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 7.14%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
6. Madoff (Bernard L.) Investment Securities, L.L.C.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 7.14%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
7. The Chicago Stock Exchange
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 7.14%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
8. The Boston Stock Exchange
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 2.38%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
Securities Listed on The Nasdaq Stock Market
Summary Statistics :
Non-directed orders as percentage of total customer orders 100.00%
Market orders as percentage of total non-directed orders 100.00%
Limit orders as percentage of total non-directed orders 0.00%
Other orders as percentage of total non-directed orders 0.00%
Venues Receiving Significant Percentage of Total Non-Directed Orders :
1. Knight Equity Markets, L.P. 45.65%
2. National Financial Services Corporation 32.61%
3. Automated Trading Desk Financial Services, L.L.C. 6.52%
4. Natexis Bleichroeder, Inc. 4.35%
5. Citadel Derivatives Group, L.L.C. 4.35%
6. Morgan Stanley & Co. Incorporated 4.35%
7. Madoff (Bernard L.) Investment Securities, L.L.C. 2.17%
Information Concerning Significant Venues :
1. Knight Equity Markets, L.P.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 45.65%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
2. National Financial Services Corporation
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 32.61%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
3. Automated Trading Desk Financial Services, L.L.C.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 6.52%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
4. Natexis Bleichroeder, Inc.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 4.35%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
5. Citadel Derivatives Group, L.L.C.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 4.35%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
6. Morgan Stanley & Co. Incorporated
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 4.35%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
7. Madoff (Bernard L.) Investment Securities, L.L.C.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 2.17%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
Securities Listed on The American Stock Exchange or Regional Exchanges
Summary Statistics :
Non-directed orders as percentage of total customer orders 100.00%
Market orders as percentage of total non-directed orders 61.54%
Limit orders as percentage of total non-directed orders 38.46%
Other orders as percentage of total non-directed orders 0.00%
Venues Receiving Significant Percentage of Total Non-Directed Orders :
1. American Stock Exchange Clearing L.L.C./ASE 30.77%
2. Citadel Derivatives Group, L.L.C. 30.77%
3. The Chicago Stock Exchange 30.77%
4. UBS Securities LLC 7.69%
Information Concerning Significant Venues :
1. American Stock Exchange Clearing L.L.C./ASE
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 50.00%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
2. Citadel Derivatives Group, L.L.C.
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 12.50%
Limit orders as percentage of total limit orders 60.00%
Other orders as percentage of total other orders 0.00%
3. The Chicago Stock Exchange
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 25.00%
Limit orders as percentage of total limit orders 40.00%
Other orders as percentage of total other orders 0.00%
4. UBS Securities LLC
Types of Orders Routed to Venue :
Market orders as percentage of total market orders 12.50%
Limit orders as percentage of total limit orders 0.00%
Other orders as percentage of total other orders 0.00%
Exchange - Listed Options
Summary Statistics :
Non-directed orders as percentage of total customer orders 0.00%
Market orders as percentage of total non-directed orders 0.00%
Limit orders as percentage of total non-directed orders 0.00%
Other orders as percentage of total non-directed orders 0.00%
Corby's Business Continuity Planning
Corby Capital Markets has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.
Contacting Us – If after a significant business disruption you cannot contact us as you usually do at 617-482-8780 or 800-736-7076, you should call our alternative number 781-249-9426 or go to our web site at www.corbycapital.com. If you cannot access us through either of those means, you should contact our clearing firm, National Financial Services, at 1-800-280-6358 for instructions on how it may provide online access to your account information, history, pending trades, etc., access to cash and securities, order entry and security transfers.
Our Business Continuity Plan – We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.
Our business continuity plan addresses: data back up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business.
Our clearing firm, National Financial Services, backs up our important records in a geographically separate area. While every emergency situation poses unique problems based on external factors, such as time of day and the severity of the disruption, we have been advised by our clearing firm that its objective is to restore its own operations and be able to complete existing transactions and accept new transactions and payments within 5 business days. Your orders and requests for funds and securities could be delayed during this period.
Varying Disruptions – Significant business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we will transfer our operations to a local site when needed and expect to recover and resume business within 5 business days. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and recover and resume business within one month. In either situation, we plan to continue in business, transfer operations to our clearing firm if necessary, and notify you through our web site or our customer emergency number, 781-249-9426 how to contact us. If the significant business disruption is so severe that it prevents us from remaining in business, we will assure our customer’s prompt access to their funds and securities.
For more information – If you have questions about our business continuity planning, you can contact us at 1-800-736-7076.
