Disclosures
Statement of Financial Condition-SEC Rule 17a-5(c)
In accordance with Securities Exchange Act Rule 17a-5(c), Axos Clearing LLC (“Axos” or “Axos Clearing”) makes its Statement of Financial Condition available at the following link:
For further information or assistance, please contact our Client Services Department at (866) 774-0218.
USA Patriot Act
For information regarding Axos Clearing’s efforts to combat money laundering and details concerning Axos Clearing’s compliance with anti-money laundering regulations such as the USA PATRIOT Act, please click on the following link:
Privacy Disclosure-Reg S/P
Axos Clearing is committed to the privacy and protection of the confidential information it possesses. For further information on how Axos Clearing collects, shares, and protects customer information, please click on the following link:
FINRA BrokerCheck Rule 8312
BrokerCheck is a free tool from FINRA that can help you research the professional background of brokers and brokerage firms as well as investment adviser firms and advisers. BrokerCheck can be accessed by clicking on the following link: http://brokercheck.finra.org/
Routing Disclosure-Rule 606
The U.S. Securities and Exchange Commission’s client disclosure rule, Rule 606, requires all broker-dealers that route orders in equity and options securities to make available quarterly reports that present a general overview of their routing practices. The reports must identify the significant venues to which the client orders were routed for execution during the applicable quarter and disclose the material aspects of the broker-dealer’s relationship with such venues.
SEC Rule 606 Report – Axos Clearing LLC – 3rd Qtr. 2019
Securities Listed on New York Stock Exchange Euronext
| Total (%) 100.00 | Market (%) 2.14 | Limit (%) 0.00 | Other (%) 97.86 | |
| Citadel Securities | 31.58 | 33.33 | 0.00 | 31.54 |
| Canaccord Genuity Inc | 26.35 | 24.07 | 0.00 | 26.40 |
| UBS Securities LLC | 26.23 | 27.78 | 0.00 | 26.19 |
| Goldman Sachs Exec&Clear | 15.29 | 12.96 | 0.00 | 15.34 |
| CPPT | 0.48 | 0.00 | 0.00 | 0.49 |
| Maxim Group LLC | 0.08 | 1.85 | 0.00 | 0.04 |
100.00% of total customer orders were non-directed orders.
Securities Listed on The Nasdaq Stock Market
| Total (%) | 100.00 | 2.74 | 0.00 | 97.26 |
| Canaccord Genuity Inc | 39.94 | 38.89 | 0.00 | 39.97 |
| Citadel Securities | 30.03 | 33.33 | 0.00 | 29.94 |
| UBS Securities LLC | 27.90 | 27.78 | 0.00 | 27.90 |
| CPPT | 2.13 | 0.00 | 0.00 | 2.19 |
100.00% of total customer orders were non-directed orders.
Securities Listed on NYSE MKT or other National Securities Exchange
| Total (%) | 100.00 | 2.65 | 0.00 | 97.35 |
| Citadel Securities | 36.75 | 43.75 | 0.00 | 36.56 |
| Canaccord Genuity Inc | 33.61 | 31.25 | 0.00 | 33.67 |
| UBS Securities LLC | 28.81 | 25.00 | 0.00 | 28.91 |
| Goldman Sachs Exec & Clear | 0.66 | 0.00 | 0.00 | 0.68 |
| CPPT | 0.17 | 0.00 | 0.00 | 0.17 |
100.00% of total customer orders were non-directed orders.
Exchange-Listed Options
| Route Venues | Total (%) | Market (%) | Limit (%) | Other (%) |
|---|---|---|---|---|
| Total (%) | 100.00 | 0.00 | 100.00 | 0.00 |
| Citadel Securities | 100.00 | 0.00 | 100.00 | 0.00 |
100.00% of total customer orders were non-directed orders.
Business Continuity Plan Disclosure-Rule 4370
Axos Clearing has prepared the following disclosure in accordance with FINRA Rule 4370.
SIPC Rule 2266
Axos Clearing is a member of the Securities Investor Protection Corporation (“SIPC”). You may obtain information about SIPC, including the SIPC Brochure and information about which assets are eligible for SIPC protection, by contacting SIPC at 1-202-371-8300 or visiting its website at www.sipc.org.
MSRB Investor Brochure
In addition to being registered with the Securities Exchange Commission (“SEC”) and a member of the Financial Industry Regulatory Authority (”FINRA”), Axos Clearing is a member of the Municipal Securities Rulemaking Board (“MSRB”). MSRB provides customers an investor brochure that describes protections that may be provided by the MSRB rules and how to file a complaint with an appropriate regulatory authority. To access this information, please click on the following link:
Axos Clearing Base Rate (ACBR)
Axos Clearing Base Rate (ACBR) = 5.75%.
ACBR was last changed on 10/31/2019 and is subject to change without notice. Please contact your broker to determine the margin interest rate for your account.
The Broker Call (or Call Money) Rate
The Broker Call (or Call Money) Rate = 3.75%
The Broker Call Rate was last changed on 9/19/2019 and is subject to change without notice. It can be found in various financial newspapers including the Wall Street Journal. Please contact your Introducing Broker Dealer to determine the margin interest rate for your account.
Connect With Axos Clearing
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Headquarters
1200 Landmark Center, Ste. 800
Omaha, NE 68102-1916
402-384-6100