Securities Listed on Option Market
J.D. Seibert & Co., Inc. – 4^th Quarter 2004
Summary Statistics:

Non-directed orders as percentage of total customer orders   100.0%
Market orders as percentage of total non-directed orders     24.5%
Limit orders as percentage of total non-directed orders      75.5%
Other orders as percentage of total non-directed orders      0.0%

Venues receiving significant percentage of total non-directed orders:

Knight Execution Partners                                    87.8%
CBOE                                                         12.2%

Information Concerning significant Venues:

Knight Execution Partners

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             83.8%
Market orders as percentage of total market orders           100.0%


CBOE

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             16.2%