Securities Listed on OTC

Spencer-Winston Securities Corp.

Summary Statistics:

Non-directed orders as percentage of total customer orders 100.0%

Market orders as percentage of total non-directed orders 31.9%

Limit orders as percentage of total non-directed orders 66.1%

Other orders as percentage of total non-directed orders 2.0%

Venues receiving significant percentage of total non-directed orders:

NYSE ARCA 3.0%

Knight Securities 77.7%

UBS Securities, LLC 19.3%

Information Concerning significant Venues:

NYSE ARCA

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders 4.6%

Knight Securities

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders 82.3%

Market orders as percentage of total market orders 68.7%

Other orders as percentage of total other orders 69.0%

UBS Securities, LLC

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders 13.1%

Market orders as percentage of total market orders 31.3%

Other orders as percentage of total other orders 31.0%

 Securities Listed on Option Market 
 Spencer-Winston Securities Corp. 
 
Summary Statistics:
 
Non-directed orders as percentage of total customer orders 100.0%
Market orders as percentage of total non-directed orders 17.9%
Limit orders as percentage of total non-directed orders 82.0%
Other orders as percentage of total non-directed orders 0.1%
 
Venues receiving significant percentage of total non-directed orders:
 
ATD, a CITI Company 86.7%
Ridge Clearing Order Room 0.1%
UBS Securities, LLC 13.3%
 
Information Concerning significant Venues:
 
ATD, a CITI Company
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 85.6%
Market orders as percentage of total market orders 91.6%
Other orders as percentage of total other orders 100.0%
 
 
Ridge Clearing Order Room
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 0.1%
 
 
UBS Securities, LLC
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 14.3%
Market orders as percentage of total market orders 8.4%
 
 
 Securities Listed on New York Stock Exchange 
 Spencer-Winston Securities Corp. 
 
Summary Statistics:
 
Non-directed orders as percentage of total customer orders 100.0%
Market orders as percentage of total non-directed orders 41.4%
Limit orders as percentage of total non-directed orders 56.4%
Other orders as percentage of total non-directed orders 2.2%
 
Venues receiving significant percentage of total non-directed orders:
 
NYSE ARCA 2.9%
NYSE 0.2%
E*TRADE Capital Markets 1.2%
Knight Capital Market,LLC 95.6%
 
Information Concerning significant Venues:
 
NYSE ARCA
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders  5.1%
Market orders as percentage of total market orders 0.1%
 
 
NYSE
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 0.2%
Market orders as percentage of total market orders 0.1%
 
 
E*TRADE Capital Markets
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 0.7%
Market orders as percentage of total market orders 2.0%
 
 
Knight Capital Market,LLC
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 93.9%
Market orders as percentage of total market orders 97.8%
Other orders as percentage of total other orders 100.0%