Rule 607

Pursuant to SEC Rule 607, SageTrader, LLC (or “Sage”) is required to disclose its payment for Order Flow practices. Sage sends certain equity stock orders to exchanges, broker dealers to and in comes instances electronic communication networks (“ECN”) during regular trading hours as well as pre and post trading market hours. In some instances, some of the applicable market centers provide payments to Sage or charge access fees depending upon the order and applicable execution. Sage may also execute certain equity stock orders the principal capacity. Upon written request, the details of these payments and/or applicable fees can be furnished.

Rule 606(a)

Pursuant to a U.S. Securities and Exchange Commission Rule 606, requiring all brokerage firms to make available to the public quarterly reports about their order routing practices.

Rule 606 requires all brokerage firms to make publicly available quarterly reports, broken down by calendar month, containing certain required statistical information regarding the routing of held, non-directed customer orders in Regulation NMS stocks, as well as both held and not held, non-directed customer orders in listed options with a market value of less than $50,000. Sage is publishing such quarterly reports in accordance with Rule 606(a), and will keep the report publicly available for a period of three 3 years.

The reports contain a section for Regulation NMS stocks that were included in the S&P 500 Index as of the first day of the calendar quarter, a section for other Non-S&P 500 stocks when applicable, and a section for listed options, when applicable. For each section, the report identifies the venues where Sage routed the relevant orders and, for each venue, the required statistical information broken down by order type (such as market order, marketable limit order, non-marketable limit order and other orders). Each section of the report also contains information regarding the material aspects of Sage’s relationship, if any, with each venue. If a section is blank it means SageTrader had not applicable order activity to report.

While Sage has prepared and reviewed the information contained within these reports, the data has not been audited and there is a chance it may contain errors.

Please see the Firms current and historical 606 here:

SEC Rule 606(a) Reports: Click Here for Current and Historical Reports

Furthermore; the Firm is required to disclose the nature of any relationship it has with the venues it selects to route to for execution. This disclosure will include information surrounding “payment for order flow” which the SEC broadly defines as forms of arrangements compensating broker-dealers for directing order flow, including monetary payment, reciprocal agreements, services, property, or any other benefit that results in remuneration, compensation or consideration to a broker-dealer in return for routing of customer orders as well as exchange rebates and credits. Information pertaining to the Firm's routing relationships is enclosed here and within the Firm's 606 Report.

In certain cases, SageTrader, LLC participates in programs which result in our receipt of remuneration, compensation, or other consideration for having our customers place orders with other broker-dealers, exchanges, and market centers for execution. SageTrader, LLC may also participate in programs which result in other broker-dealers' receipt of remuneration, compensation, or other consideration for our customers placing orders with these executing brokers for execution. Relevant information can be seen below. Additional information regarding the source and nature of the compensation will be furnished upon written request to your customer service representative.

Please contact compliance@sagetrader.com for more information.