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 65.7%

Other orders as percentage of total non-directed orders 2.4%

Venues receiving significant percentage of total non-directed orders:

NYSE ARCA 1.9%

Knight Securities 73.9%

UBS Securities, LLC 24.2%

Information Concerning significant Venues:

NYSE ARCA

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders 2.9%

Knight Securities

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders 76.9%

Market orders as percentage of total market orders 66.9%

Other orders as percentage of total other orders 87.1%

UBS Securities, LLC

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders 20.2%

Market orders as percentage of total market orders 33.1%

Other orders as percentage of total other orders 12.9%

 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 14.9%
Limit orders as percentage of total non-directed orders 84.9%
Other orders as percentage of total non-directed orders 0.2%
 
Venues receiving significant percentage of total non-directed orders:
 
ATD, a CITI Company 91.7%
Ridge Clearing Order Room 0.1%
UBS Securities, LLC 8.2%
 
Information Concerning significant Venues:
 
ATD, a CITI Company
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 91.2%
Market orders as percentage of total market orders 95.8%
Other orders as percentage of total other orders 12.5%
 
 
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 8.7%
Market orders as percentage of total market orders 4.2%
Other orders as percentage of total other orders 87.5%
 
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 35.2%
Limit orders as percentage of total non-directed orders  61.8%
Other orders as percentage of total non-directed orders 3.0%
 
Venues receiving significant percentage of total non-directed orders:
 
NYSE ARCA 3.6%
NYSE  0.2%
E*TRADE Capital Markets 0.9%
Knight Capital Market,LLC 94.9%
UBS Securities, LLC 0.3%
 
Information Concerning significant Venues:
 
NYSE ARCA
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 5.9%
 
 
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 0.3%
 
 
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 1.5%
 
 
Knight Capital Market,LLC
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 92.8%
Market orders as percentage of total market orders 98.1%
Other orders as percentage of total other orders  100.0%
 
 
UBS Securities, LLC
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 0.5%
Market orders as percentage of total market orders 0.1%