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Note: Broker-dealers are required to disclose any material arrangements with the venues listed in each section below, including, but not limited to, any internalization or payment for order flow arrangements.

MW0 MAPLEWOOD INVESTMENT ADVISORS 12222 MERIT DRIVE, SUITE 1390 DALLAS, TX 75251

SEC Rule 606 Quarterly Report for the Quarter Ending March 31, 2018 Securities Listed on New York Stock Exchange

Summary Statistics: Non-directed orders as percentage of total customer orders Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

100.00% 93.44% 2.46% 4.10%

Venues Receiving Significant Percentage of Total Non-Directed Orders:

1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

Citadel Securities LLC VIRTU Americas LLC National Financial Services LLC Two Sigma Securities, LLC G1 Execution Services, LLC Cboe BYX U.S. Equities Exchange Instinet LLC BNY Mellon Capital Markets LLC NASDAQ Execution Services, LLC UBS Securities, LLC

43.85% 37.70% 8.40% 4.10% 2.46% 1.23% 1.02% 0.41% 0.41% 0.41%

Information Concerning Significant Venues : 1.

Citadel Securities LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

2.

42.54% 0.00% 100.00%

VIRTU Americas LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

38.16% 83.33% 0.00%

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3.

National Financial Services LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

4.

8.99% 0.00% 0.00%

Two Sigma Securities, LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

5.

4.39% 0.00% 0.00%

G1 Execution Services, LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

6.

2.63% 0.00% 0.00%

Cboe BYX U.S. Equities Exchange Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

7.

1.32% 0.00% 0.00%

Instinet LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

8.

1.10% 0.00% 0.00%

BNY Mellon Capital Markets LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

9.

0.44% 0.00% 0.00%

NASDAQ Execution Services, LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

10.

0.00% 16.67% 0.00%

UBS Securities, LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

0.44% 0.00% 0.00%

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Securities Listed on The Nasdaq Stock Market

Summary Statistics: Non-directed orders as percentage of total customer orders Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

100.00% 91.34% 5.51% 3.15%

Venues Receiving Significant Percentage of Total Non-Directed Orders:

1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

VIRTU Americas LLC Citadel Securities LLC National Financial Services LLC Two Sigma Securities, LLC G1 Execution Services, LLC Instinet LLC Cboe BYX U.S. Equities Exchange BNY Mellon Capital Markets LLC Canaccord Genuity Securities Cboe EDGX U.S. Equities Exchange

43.31% 35.43% 9.45% 4.33% 2.36% 2.36% 1.18% 0.39% 0.39% 0.39%

Information Concerning Significant Venues : 1.

VIRTU Americas LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

2.

42.67% 71.43% 12.50%

Citadel Securities LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

3.

34.91% 14.29% 87.50%

National Financial Services LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

4.

9.91% 7.14% 0.00%

Two Sigma Securities, LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

4.74% 0.00% 0.00%

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5.

G1 Execution Services, LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

6.

2.59% 0.00% 0.00%

Instinet LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

7.

2.59% 0.00% 0.00%

Cboe BYX U.S. Equities Exchange Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

8.

1.29% 0.00% 0.00%

BNY Mellon Capital Markets LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

9.

0.43% 0.00% 0.00%

Canaccord Genuity Securities Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

10.

0.43% 0.00% 0.00%

Cboe EDGX U.S. Equities Exchange Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

0.00% 7.14% 0.00%

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Securities Listed on NYSE American or Regional Exchanges

Summary Statistics: Non-directed orders as percentage of total customer orders Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

100.00% 98.96% 0.52% 0.52%

Venues Receiving Significant Percentage of Total Non-Directed Orders:

1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

VIRTU Americas LLC Citadel Securities LLC Two Sigma Securities, LLC G1 Execution Services, LLC Cboe BYX U.S. Equities Exchange Instinet LLC National Financial Services LLC BNY Mellon Capital Markets LLC Maplewood Investment Advisors, Inc. UBS Securities, LLC

42.19% 34.38% 6.25% 4.69% 3.65% 3.13% 2.08% 1.56% 1.04% 0.52%

Information Concerning Significant Venues : 1.

VIRTU Americas LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

2.

42.63% 0.00% 0.00%

Citadel Securities LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

3.

34.21% 0.00% 100.00%

Two Sigma Securities, LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

4.

6.32% 0.00% 0.00%

G1 Execution Services, LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

4.74% 0.00% 0.00%

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5.

Cboe BYX U.S. Equities Exchange Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

6.

3.68% 0.00% 0.00%

Instinet LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

7.

3.16% 0.00% 0.00%

National Financial Services LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

8.

2.11% 0.00% 0.00%

BNY Mellon Capital Markets LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

9.

1.58% 0.00% 0.00%

Maplewood Investment Advisors, Inc. Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

10.

1.05% 0.00% 0.00%

UBS Securities, LLC Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

0.53% 0.00% 0.00%

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Exchange - Listed Options

Summary Statistics: Non-directed orders as percentage of total customer orders Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

100.00% 42.86% 50.00% 7.14%

Venues Receiving Significant Percentage of Total Non-Directed Orders:

1. 2. 3. 4. 5. 6. 7. 8.

NASDAQ Options Market BOX Option Exchange ISE Gemini Options Exchange NASDAQ PHLX Options NYSE American Options Cboe Options Exchange The MIAX Options Exchange NASDAQ BX Options

28.57% 14.29% 14.29% 14.29% 7.14% 7.14% 7.14% 7.14%

Information Concerning Significant Venues : 1.

NASDAQ Options Market Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

2.

0.00% 57.14% 0.00%

BOX Option Exchange Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

3.

33.33% 0.00% 0.00%

ISE Gemini Options Exchange Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

4.

0.00% 28.57% 0.00%

NASDAQ PHLX Options Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

16.67% 14.29% 0.00%

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5.

NYSE American Options Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

6.

0.00% 0.00% 100.00%

Cboe Options Exchange Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

7.

16.67% 0.00% 0.00%

The MIAX Options Exchange Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

8.

16.67% 0.00% 0.00%

NASDAQ BX Options Types of Orders Routed to Venue : Market orders as percentage of total market orders Limit orders as percentage of total limit orders Other orders as percentage of total other orders

16.67% 0.00% 0.00%

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