1.2CANT202622026-08-28T13:56:23Z202640.000.000.000.000.000.000.000.000.000.00100.000.000.000.00100.00CBOE GLOBAL MARKETS, INC.XCBO48.860.000.000.0048.860.00000.00000.00000.00000.00000.0000-14925.4550-33.1662Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfINTERNATIONAL SECURITIES EXCHAXISX36.410.000.000.0036.410.00000.00000.00000.00000.00000.0000-165120.6900-4.5856Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfINTERCONTINENTAL EXCHANGE, INCARCO1.620.000.000.001.620.00000.00000.00000.00000.00000.0000-872.6000-54.9496Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfBOX OPTIONS EXCHANGEXBOX1.580.000.000.001.580.00000.00000.00000.00000.00000.0000-553.8500-7.2885Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfMEMX LLCMXOP1.250.000.000.001.250.00000.00000.00000.00000.00000.0000-2355.3700-55.1997Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfCBOE BZX OPTIONS EXCHANGEBATO1.210.000.000.001.210.00000.00000.00000.00000.00000.0000-181.6000-55.1976Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfMIAX PEARL, LLCMPRL1.000.000.000.001.000.00000.00000.00000.00000.00000.0000-292.0500-55.0000Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfNASDAQ, INC.XPHO1.000.000.000.001.000.00000.00000.00000.00000.00000.0000-237.8200-48.1417Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfMIAX EMERALD, LLCEMLD0.960.000.000.000.960.00000.00000.00000.00000.00000.0000-235.4500-30.8585Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfCBOE C2 OPTIONS EXCHANGEC2OX0.960.000.000.000.960.00000.00000.00000.00000.00000.0000-548.8000-54.2292Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdf202650.000.000.000.000.000.000.000.000.000.00100.000.000.000.00100.00INTERNATIONAL SECURITIES EXCHAXISX46.600.000.000.0046.600.00000.00000.00000.00000.00000.0000-184978.9900-4.2577Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfCBOE GLOBAL MARKETS, INC.XCBO10.430.000.000.0010.430.00000.00000.00000.00000.00000.0000-5972.6475-29.9471Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfBOX OPTIONS EXCHANGEXBOX7.740.000.000.007.740.00000.00000.00000.00000.00000.0000-2015.3500-30.3243Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfCBOE EDGX OPTIONS EXCHANGEEDGO7.620.000.000.007.620.00000.00000.00000.00000.00000.0000-878.4000-51.2485Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfNASDAQ OMX BX OPTIONSXBXO5.390.000.000.005.390.00000.00000.00000.00000.00000.0000-1763.1000-55.4958Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfNASDAQ, INC.XPHO3.460.000.000.003.460.00000.00000.00000.00000.00000.0000-465.7900-53.4163Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfINTERCONTINENTAL EXCHANGE, INCARCO2.870.000.000.002.870.00000.00000.00000.00000.00000.0000-425.9500-55.8257Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfMEMX LLCMXOP2.230.000.000.002.230.00000.00000.00000.00000.00000.0000-927.3100-56.3372Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfMIAX PEARL, LLCMPRL1.930.000.000.001.930.00000.00000.00000.00000.00000.0000-363.6000-57.1698Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfCBOE BZX OPTIONS EXCHANGEBATO1.880.000.000.001.880.00000.00000.00000.00000.00000.0000-280.8500-57.6694Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdf202660.000.000.000.000.000.000.000.000.000.00100.000.000.000.00100.00INTERNATIONAL SECURITIES EXCHAXISX37.280.000.000.0037.280.00000.00000.00000.00000.00000.0000-165441.8700-4.0686Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfCBOE GLOBAL MARKETS, INC.XCBO22.490.000.000.0022.490.00000.00000.00000.00000.00000.0000-18456.8550-21.1344Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfCBOE EDGX OPTIONS EXCHANGEEDGO10.330.000.000.0010.330.00000.00000.00000.00000.00000.0000-9752.0800-9.1813Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfBOX OPTIONS EXCHANGEXBOX6.330.000.000.006.330.00000.00000.00000.00000.00000.0000-1459.8500-21.5890Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfNASDAQ OMX BX OPTIONSXBXO4.960.000.000.004.960.00000.00000.00000.00000.00000.0000-870.2500-57.2910Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfNASDAQ, INC.XPHO3.240.000.000.003.240.00000.00000.00000.00000.00000.0000-544.2700-48.9892Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfINTERCONTINENTAL EXCHANGE, INCARCO2.480.000.000.002.480.00000.00000.00000.00000.00000.0000-456.1000-60.9759Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfMEMX LLCMXOP1.930.000.000.001.930.00000.00000.00000.00000.00000.0000-894.5800-59.7582Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfCBOE BZX OPTIONS EXCHANGEBATO1.620.000.000.001.620.00000.00000.00000.00000.00000.0000-220.3000-66.3554Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdfMIAX EMERALD, LLCEMLD1.370.000.000.001.370.00000.00000.00000.00000.00000.0000-458.9000-23.1300Cantor Fitzgerald (“CF&Co.”) routes option orders to Wolverine Execution Services (WEX) and Dash Financial Technologies (DASH) for agency execution and is charged transaction based compensation. All orders sent to WEX and DASH are routed to US listed options exchanges for execution. WEX and DASH charge CF&Co. commission, and pass through the net fees or rebates incurred in executing CF&Co. orders on various Option Exchanges. The passed through rebates, credits or billing adjustments from WEX and DASH may reduce the overall costs of the execution services provided by WEX and DASH. WEX and DASH’s overall trading volumes are such that they may receive enhanced volume-based rates, including placement in preferential rate tiers on an exchange’s fee schedule. When accessing the exchanges via WEX and DASH, CF&Co. may receive an indirect benefit by receiving enhanced exchange rates associated with WEX and DASH, and these rates are therefore reflected in our Net Payments for this report. CF&Co.is not party to the payment arrangements between WEX and DASH and the various Options Exchanges. Please see the Firm’s Order Handling Letter available at: https://cantorfitzgeraldnow/wp-content/uploads/2025/10/CFCO-Annual-Regulatory-Disclosure-2025-2026.pdf