Securities Listed on Option Market  
                 Univest Securities, Inc.                        

Summary Statistics:

Non-directed orders as percentage of total customer orders   100.0%
Market orders as percentage of total non-directed orders     0.5%
Limit orders as percentage of total non-directed orders      99.5%
Other orders as percentage of total non-directed orders      0.0%

Venues receiving significant percentage of total non-directed orders:

CitiGlobal Markets                                           96.6%
ADP Clearing Order Room                                      0.2%
UBSS Equity Options                                          3.3%

Information Concerning significant Venues:

CitiGlobal Markets

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             96.8%
Market orders as percentage of total market orders           44.4%


ADP Clearing Order Room

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             0.2%


UBSS Equity Options

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             3.0%
Market orders as percentage of total market orders           55.6%