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Pinnacle Capital Markets will disclose to any customer the identity of the venue to which the customer's orders were routed for execution in the six months' prior to the request. This includes any orders that are directed or non-directed, and the time of the transactions.

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Copyright© 2003-2004 Pinnacle Capital Markets, L.L.C. All rights reserved. All securities offered by Pinnacle Capital Markets, L.L.C. member NASD (www.nasd.com) and SIPC. The risk of loss in electronic trading can be substantial. You should therefore consider whether such trading is suitable for you in light of your circumstances and financial resources. Nothing herein is an offer or solicitation of securities products. Account access, trade executions and system response may be adversely affected by market conditions, quote delays, system performance and other factors.