Securities Listed on Option Market
J.D. Seibert & Co., Inc. - 2nd Quarter 2004

Summary Statistics:

Non-directed orders as percentage of total customer orders   100.0%
Market orders as percentage of total non-directed orders     20.2%
Limit orders as percentage of total non-directed orders      79.8%
Other orders as percentage of total non-directed orders      0.0%

Venues receiving significant percentage of total non-directed orders:

Knight Execution Partners                                    86.9%
CBOE                                                         11.9%
PCOS                                                         1.2%

Information Concerning significant Venues:

Knight Execution Partners

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             91.0%
Market orders as percentage of total market orders           70.6%


CBOE

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             7.5%
Market orders as percentage of total market orders           29.4%


PCOS

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             1.5%