Securities Listed on Option Market - 4TH Quarter 2001  
                 J.D. Seibert & Co., Inc.                       

Summary Statistics:

Non-directed orders as percentage of total customer orders   114/114
Market orders as percentage of total non-directed orders     14/114
Limit orders as percentage of total non-directed orders      100/114
Other orders as percentage of total non-directed orders      0/114

Venues receiving significant percentage of total non-directed orders:

CBOE                                                         32/114
NYSE                                                         59/114
PCOS                                                         23/114

Information Concerning significant Venues:

CBOE

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             25/100
Market orders as percentage of total market orders           7/14


NYSE

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             52/100
Market orders as percentage of total market orders           7/14


PCOS

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             23/100