Securities Listed on New York Stock Exchange
J.D. Seibert & Co., Inc. – 3rd Quarter 2004

Summary Statistics:

Non-directed orders as percentage of total customer orders   1074/1074
Market orders as percentage of total non-directed orders     792/1074
Limit orders as percentage of total non-directed orders      266/1074
Other orders as percentage of total non-directed orders      16/1074

Venues receiving significant percentage of total non-directed orders:

NYSE                                                         4/1074
Knight Capital Market,LLC                                    1070/1074

Information Concerning significant Venues:

NYSE

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             4/266


Knight Capital Market,LLC

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             262/266
Market orders as percentage of total market orders           792/792
Other orders as percentage of total other orders             16/16