M&T Securities, Inc.'s Order Routing Practices
SEC RULE 606, Quarterly Reports on Order Routing Practices
Broker-dealers are required to disclose any material arrangements with the venues to which individual orders were routed, including, but not limited to, any internalization or payment for order flow arrangements.
For Retail Customers
M&T Securities, Inc. routes 100% of orders to Pershing, LLC for execution. Information on how Pershing, LLC further routes the orders submitted by M&T Securities, Inc. can be found at the following link Quarterly Order Flow Report and typing M&T Securities, Inc (with the comma and without the period) in the box.
M&T SECURITIES, INC
285 DELAWARE AVENUE, SUITE 2000
BUFFALO, NY 14202-1885
Quarterly Order Flow Report
Pershing LLC ("Pershing") has provided the data on this website on behalf of your introducing financial organization. The data represents only those orders that have been routed by your introducing financial organization through Pershing for execution. Although Pershing has used commercially reasonable efforts to provide accurate information, the data is provided to you on an "as-is" basis. PERSHING SPECIFICALLY DISCLAIMS ALL WARRANTIES EXPRESS OR IMPLIED WITH RESPECT TO THE INFORMATION, INCLUDING SPECIFICALLY, BUT NOT EXCLUSIVELY, WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. YOU AGREE THAT PERSHING SHALL NOT HAVE ANY LIABILITY FOR ANY INDIRECT, CONSEQUENTIAL, SPECIAL OR DIRECT DAMAGES FOR ANY ACTION OR INACTION WHICH YOU MAY TAKE AS THE RESULT OF THE DATA, WHETHER AS A RESULT OF ANY CLAIM SOUNDING IN CONTRACT OR ANY OTHER THEORY OF LIABILITY.
For Institutional Customers