MF Global - Securities Affiliations

MF Global - Securities is a Division of MF Global Ltd. Based in Chicago, MF Global - Securities is a member of the following organizations:

• American Stock Exchange
• Boston Stock Exchange
• Chicago Board Options Exchange
• Chicago Stock Exchange
• Depository Trust Company
• Intermarket Clearing Corporation
• International Securities Exchange
• London Securitis & Derivatives Exchange
• London Stock Exchange
• National Association of Securities Dealers
• Options Clearing Corporation
• Pacific Exchange
• Philadelphia Stock Exchange
• Securities Industry Association
• Securities Investor Protection Corporation

MF Global - Securities, the retail securities division of MF Global Ltd., has been recognized as one of the world's leading option order execution firms and has parent company roots dating back 215 years. MF Global consistently receives high recommendations by many of the top option traders in the nation and is a leader in auto-trading services.

MF Global offers a level of personal service and depth of experience unavailable from no-frills discount brokers. With a primary focus of options trading, MF Global's in-house broker team can help investors optimize their portfolios and minimize the risk of extended periods of losses by combining varied trading styles, Managed Accounts and Advisory Services, One-to-one personal service and comprehensive web-based capabilities provide the best of both worlds. MF Global's service offerings are extensive and include:

• Individual Trading Services: Support, guidance and order execution
• Online Trading: Advanced online system provides anytime/anywhere trading
• Auto-trading: Over 12 years' experience executing advisor recommended trades

MF Global's strong floor presence helps to address and resolve problems quickly. Self-clearing capabilities help to determine the best market based on price, size, and experience.

Auto-trading With MF Global Helps You Get More Out of Your Advisory Service

Auto-trading is a service that allows your options broker to manage and automatically execute trades recommended by your advisory service. With auto-trading, you can effectively take advantage of recommended trades even if you are not in touch with current market conditions. Each trade is done at your previously specified dollar amount or number of contracts.

MF Global was one of the first brokerages to implement auto-trading services. MF Global's option traders are among the most experienced in the industry and have a thorough understanding of the trades and strategies recommended by advisory services. For added convenience, your auto-trading account can also be used to buy/sell options and stocks on your own. In other words, you may combine your own trading with auto-trading. The benefits of auto-trading with MF Global include:

• Flexible dollar level commitments to fit your budget
• Wide selection of advisory services to choose from
• Auto-trading accounts can be set up as IRA accounts (Permission from MF Global required)
• Consistent and timely executions
• Explanations of strategies
• Automatic generation of comprehensive Schedule D for tax purposes
• Trade results tracked online or downloaded to your favorite financial software
• Easy termination ability⁺