Securities Listed on Option Market - 2nd Quarter 2002
J.D. Seibert & Co., Inc.

Summary Statistics:

Non-directed orders as percentage of total customer orders   100.0%
Market orders as percentage of total non-directed orders     23.5%
Limit orders as percentage of total non-directed orders      76.5%
Other orders as percentage of total non-directed orders      0.0%

Venues receiving significant percentage of total non-directed orders:

AMEX                                                         55.9%
CBOE                                                         23.5%
Philadelphia                                                 7.8%
PCOS                                                         12.7%

Information Concerning significant Venues:

AMEX

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             56.4%
Market orders as percentage of total market orders           54.2%


CBOE

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             21.8%
Market orders as percentage of total market orders           29.2%


Philadelphia

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             6.4%
Market orders as percentage of total market orders           12.5%


PCOS

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             15.4%
Market orders as percentage of total market orders           4.2%