Securities Listed on New York Stock Exchange – 4th Quarter 2003
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     68.2%
Limit orders as percentage of total non-directed orders      31.0%
Other orders as percentage of total non-directed orders      0.7%

Venues receiving significant percentage of total non-directed orders:

NYSE                                                         0.6%
Knight Capital Market,LLC                                    99.4%

Information Concerning significant Venues:

NYSE

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             1.4%
Market orders as percentage of total market orders           0.3%


Knight Capital Market,LLC

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             98.6%
Market orders as percentage of total market orders           99.7%
Other orders as percentage of total other orders             100.0%