Pulse Trading - Execution and Order Routing Info

Disclosure of SEC Required Order Execution and Order Routing Information

Best Execution Pulse Trading Inc.

Public Rule 606 - Pulse Trading, Inc.

Best Execution BlockCross, LLC.

Public Rule 605 - Pulse Trading, Inc. (PULX)

Public Rule 606 - Pulse Trading, Inc. (PULX)

Pulse Trading Rule 606 Disclosure

Pulse Trading, Inc. (PULT) and BlockCross LLC (PULX) a wholly owned sup of PulseTrading, Inc has prepared this report pursuant to a U.S. Securities and Exchange Commission rule requiring all brokerage firms to make available to the public quarterly reports about their order routing practices. The report provides information on the routing of "non-directed orders" -- any order that the customer has not specifically instructed to be routed to a particular venue for execution. For these non-directed orders, PULT and PULX has selected the execution venue on behalf of its customers. The report is divided into four sections:
1. New York Stock Exchange listed securities
2. Nasdaq Stock Market listed securities
3. American Stock Exchange and regional exchanges listed securities
4. Exchange listed options
For each section, this report identifies the venues most often selected by PULT and PULX, sets forth the percentage of various types of orders routed to the venues, and discusses the material aspects of PULT and PULX 's relationship with the venues. This report was prepared by TAG, a third party market surveillance and auditing firm. Questions regarding this report should be addressed to the PULT and PULX Compliance Department at (617) 316-5615.