Securities Listed on New York Stock Exchange
J.D. Seibert & Co., Inc. – 4^th Quarter 2004

Summary Statistics:

Non-directed orders as percentage of total customer orders   1381/1381
Market orders as percentage of total non-directed orders     989/1381
Limit orders as percentage of total non-directed orders      378/1381
Other orders as percentage of total non-directed orders      14/1381

Venues receiving significant percentage of total non-directed orders:

NYSE                                                         5/1381
Knight Capital Market,LLC                                    1376/1381

Information Concerning significant Venues:

NYSE

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             5/378


Knight Capital Market,LLC

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             373/378
Market orders as percentage of total market orders           989/989
Other orders as percentage of total other orders             14/14