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 19.1%

Limit orders as percentage of total non-directed orders 80.9%

Other orders as percentage of total non-directed orders 0.0%

Venues receiving significant percentage of total non-directed orders:

ATD, a CITI Company 78.6%

Ridge Clearing Order Room 0.0%

UBS Securities, LLC 21.3%

Information Concerning significant Venues:

ATD, a CITI Company

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders 76.0%

Market orders as percentage of total market orders 89.7%

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 23.9%

Market orders as percentage of total market orders 10.3%

 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  49.7%
Limit orders as percentage of total non-directed orders 49.7%
Other orders as percentage of total non-directed orders 0.7%
 
Venues receiving significant percentage of total non-directed orders:
 
NYSE ARCA  4.2%
Knight Securities 28.9%
Hudson Securities 65.9%
UBS Securities, LLC 1.0%
 
Information Concerning significant Venues:
 
NYSE ARCA
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 8.4%
 
 
Knight Securities
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 37.6%
Market orders as percentage of total market orders 20.4%
Other orders as percentage of total other orders 8.3%
 
 
Hudson Securities
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 52.7%
Market orders as percentage of total market orders 78.8%
Other orders as percentage of total other orders 91.7%
 
 
UBS Securities, LLC
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 1.2%
Market orders as percentage of total market orders 0.8%
 
 
 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 49.5%
Limit orders as percentage of total non-directed orders 49.2%
Other orders as percentage of total non-directed orders 1.3%
 
Venues receiving significant percentage of total non-directed orders:
 
NYSE ARCA 3.1%
NYSE 0.3%
E*TRADE Capital Markets 1.1%
Knight Capital Market,LLC 95.2%
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  6.2%
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 0.4%
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 1.6%
 
 
Knight Capital Market,LLC
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 92.7%
Market orders as percentage of total market orders 97.6%
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 0.1%
Market orders as percentage of total market orders 0.5%
 
 
 Securities Listed on AMEX or Other 
 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 56.6%
Limit orders as percentage of total non-directed orders 42.2%
Other orders as percentage of total non-directed orders 1.3%
 
Venues receiving significant percentage of total non-directed orders:
 
AMEX 0.2%
NYSE ARCA 2.5%
E*TRADE Capital Markets 0.4%
Knight Capital Market,LLC 96.8%
 
Information Concerning significant Venues:
 
AMEX
 
Type of Orders Routed to Venue:
 
Market orders as percentage of total market orders  0.4%
 
 
NYSE ARCA
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 5.0%
Market orders as percentage of total market orders 0.7%
 
 
E*TRADE Capital Markets
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 1.0%
 
 
Knight Capital Market,LLC
 
Type of Orders Routed to Venue:
 
Limit orders as percentage of total limit orders 94.0%
Market orders as percentage of total market orders 98.9%
Other orders as percentage of total other orders 100.0%