Pursuant to SEC Rule 606(a) and FINRA Rule 6151, A.G.P./Alliance Global Partners adopts by reference the Rule 606(a) quarterly order routing reports of its clearing firms, National Financial Services LLC (“NFS”) and RBC Capital Markets, LLC (“RBC”), with respect to customer order flow routed to those clearing firms for further routing and execution where the clearing firm makes the routing decision. The Firm regularly examines the reports of each clearing firm and has no reason to believe that these reports materially misrepresent the order routing practices described therein. The Firm does not receive payment for order flow from NFS or RBC in connection with order flow routed to those clearing firms for execution. The Rule 606(a) reports of the Firm and its clearing firms are available on the FINRA Data Portal at https://www.finra.org/finra-data/606-nms-data?combine=8361&field_firmname_value=&field_firmcrdnb_value=&field_context_identifier_value=

Note on Routing Infrastructure — DASH Financial Technologies LLC (DFIN):  A.G.P./Alliance Global Partners utilizes DASH Financial Technologies LLC (“DASH”) as an order management and routing system to transmit non-directed customer options orders to various options exchanges for execution. DASH functions solely as a routing conduit and does not itself execute options orders, nor are customer orders exposed to DASH’s or any affiliate’s market-making activity. Accordingly, DASH is not treated as a consolidator or execution venue for purposes of Rule 606(a)(1)(ii), and the downstream options exchanges listed in the Firm’s published reports are the venues to which orders are routed for execution. The Firm receives payment for order flow in the amount of up to $0.65 per contract.  Net payment figures reflected in the options venue table on the Firm’s 606(a)(1) reports represent exchange-level fee and rebate activity passed through DASH and are not indicative of amounts received directly by the Firm from those venues.