Note:  Broker-dealers are required to disclose any material arrangements with the venues listed in  
	each section below, including, but not limited to, any internalization or payment for order flow
	arrangements.
	KH5
	4 JOSEPH GUNNAR & CO., LLC
	   30 BROAD STREET
	    11TH FLOOR
	     NEW YORK, NY 10004
	SEC Rule 606 Quarterly Report for the Quarter Ending September 30, 2013
	Securities Listed on New York Stock Exchange
	Summary Statistics :
	Non-directed orders as percentage of total customer orders	100.00%
	Market orders as percentage of total non-directed orders	85.08%
	Limit orders as percentage of total non-directed orders	12.87%
	Other orders as percentage of total non-directed orders	2.05%
	Venues Receiving Significant Percentage of Total Non-Directed Orders :
	1.	KCG Holdings, Inc.	              35.64%
	2.	Two Sigma Securities, LLC	              17.40%
	3.	Citadel Securities LLC	              15.38%
	4.	National Financial Services LLC	              12.51%
	5.	Goldman, Sachs & Co.	                7.07%
	6.	Direct Edge Exchange	               5.00%
	7.	UBS Securities, LLC	                3.08%
	8.	Instinet LLC	                1.68%
	9.	Morgan Stanley & Co. Incorporated	                0.75%
	10.	NYSE Arca	                0.57%
	Information Concerning Significant Venues :
	1.	KCG Holdings, Inc.
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	              37.32%
	Limit orders as percentage of total limit orders	              18.71%
	Other orders as percentage of total other orders	              72.15%
	2.	Two Sigma Securities, LLC
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	              19.91%
	Limit orders as percentage of total limit orders	                3.62%
	Other orders as percentage of total other orders	                0.00%
	Page 1 of 8

	3.	Citadel Securities LLC
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	              15.74%
	Limit orders as percentage of total limit orders	              11.47%
	Other orders as percentage of total other orders	              25.32%
	4.	National Financial Services LLC
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	              12.24%
	Limit orders as percentage of total limit orders	              16.30%
	Other orders as percentage of total other orders	                0.00%
	5.	Goldman, Sachs & Co.
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                8.07%
	Limit orders as percentage of total limit orders	                1.61%
	Other orders as percentage of total other orders	                0.00%
	6.	Direct Edge Exchange
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                0.00%
	Limit orders as percentage of total limit orders	              38.83%
	Other orders as percentage of total other orders	                0.00%
	7.	UBS Securities, LLC
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                3.29%
	Limit orders as percentage of total limit orders	                1.81%
	Other orders as percentage of total other orders	                2.53%
	8.	Instinet LLC
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                1.95%
	Limit orders as percentage of total limit orders	                0.20%
	Other orders as percentage of total other orders	                0.00%
	9.	Morgan Stanley & Co. Incorporated
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                0.88%
	Limit orders as percentage of total limit orders	                0.00%
	Other orders as percentage of total other orders	                0.00%
	10.	NYSE Arca
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                0.00%
	Limit orders as percentage of total limit orders	                4.43%
	Other orders as percentage of total other orders	                0.00%
	Page 2 of 8

	Securities Listed on The Nasdaq Stock Market
	Summary Statistics :
	Non-directed orders as percentage of total customer orders	100.00%
	Market orders as percentage of total non-directed orders	75.63%
	Limit orders as percentage of total non-directed orders	22.22%
	Other orders as percentage of total non-directed orders	2.16%
	Venues Receiving Significant Percentage of Total Non-Directed Orders :
	1.	KCG Holdings, Inc.	              24.81%
	2.	Goldman, Sachs & Co.	              17.97%
	3.	National Financial Services LLC	              14.69%
	4.	Citadel Securities LLC	              14.00%
	5.	Two Sigma Securities, LLC	              11.28%
	6.	Direct Edge Exchange	                9.31%
	7.	UBS Securities, LLC	                3.84%
	8.	Instinet LLC	                1.16%
	9.	NYSE Arca	                0.75%
	10.	Morgan Stanley & Co. Incorporated	                0.69%
	Information Concerning Significant Venues :
	1.	KCG Holdings, Inc.
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	              26.65%
	Limit orders as percentage of total limit orders	              14.49%
	Other orders as percentage of total other orders	              66.67%
	2.	Goldman, Sachs & Co.
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	              22.81%
	Limit orders as percentage of total limit orders	                3.23%
	Other orders as percentage of total other orders	                0.00%
	3.	National Financial Services LLC
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	              14.01%
	Limit orders as percentage of total limit orders	              18.42%
	Other orders as percentage of total other orders	                0.00%
	4.	Citadel Securities LLC
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	              16.12%
	Limit orders as percentage of total limit orders	                6.19%
	Other orders as percentage of total other orders	              20.29%
	5.	Two Sigma Securities, LLC
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	              13.51%
	Limit orders as percentage of total limit orders	                4.78%
	Other orders as percentage of total other orders	                0.00%
	Page 3 of 8

	6.	Direct Edge Exchange
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                0.00%
	Limit orders as percentage of total limit orders	              41.91%
	Other orders as percentage of total other orders	                0.00%
	7.	UBS Securities, LLC
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                3.88%
	Limit orders as percentage of total limit orders	                2.81%
	Other orders as percentage of total other orders	              13.04%
	8.	Instinet LLC
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                1.49%
	Limit orders as percentage of total limit orders	                0.14%
	Other orders as percentage of total other orders	                0.00%
	9.	NYSE Arca
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                0.00%
	Limit orders as percentage of total limit orders	                3.38%
	Other orders as percentage of total other orders	                0.00%
	10.	Morgan Stanley & Co. Incorporated
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                0.83%
	Limit orders as percentage of total limit orders	                0.28%
	Other orders as percentage of total other orders	                0.00%
	Page 4 of 8

	Securities Listed on NYSE MKT or Regional Exchanges
	Summary Statistics :
	Non-directed orders as percentage of total customer orders	100.00%
	Market orders as percentage of total non-directed orders	70.37%
	Limit orders as percentage of total non-directed orders	28.40%
	Other orders as percentage of total non-directed orders	1.23%
	Venues Receiving Significant Percentage of Total Non-Directed Orders :
	1.	KCG Holdings, Inc.	              56.79%
	2.	Goldman, Sachs & Co.	              11.42%
	3.	National Financial Services LLC	                8.02%
	4.	Citadel Securities LLC	                7.72%
	5.	Direct Edge Exchange	                4.94%
	6.	Two Sigma Securities, LLC	                4.32%
	7.	UBS Securities, LLC	                3.09%
	8.	Instinet LLC	                1.85%
	9.	NYSE Arca	                0.93%
	10.	Morgan Stanley & Co. Incorporated	                0.62%
	Information Concerning Significant Venues :
	1.	KCG Holdings, Inc.
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	              54.39%
	Limit orders as percentage of total limit orders	              63.04%
	Other orders as percentage of total other orders	              50.00%
	2.	Goldman, Sachs & Co.
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	              16.23%
	Limit orders as percentage of total limit orders	                0.00%
	Other orders as percentage of total other orders	                0.00%
	3.	National Financial Services LLC
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                7.46%
	Limit orders as percentage of total limit orders	                9.78%
	Other orders as percentage of total other orders	                0.00%
	4.	Citadel Securities LLC
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                9.21%
	Limit orders as percentage of total limit orders	                2.17%
	Other orders as percentage of total other orders	              50.00%
	5.	Direct Edge Exchange
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                0.00%
	Limit orders as percentage of total limit orders	              17.39%
	Other orders as percentage of total other orders	                0.00%
	Page 5 of 8

	6.	Two Sigma Securities, LLC
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                6.14%
	Limit orders as percentage of total limit orders	                0.00%
	Other orders as percentage of total other orders	                0.00%
	7.	UBS Securities, LLC
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                3.51%
	Limit orders as percentage of total limit orders	                2.17%
	Other orders as percentage of total other orders	                0.00%
	8.	Instinet LLC
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                2.19%
	Limit orders as percentage of total limit orders	                1.09%
	Other orders as percentage of total other orders	                0.00%
	9.	NYSE Arca
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                0.00%
	Limit orders as percentage of total limit orders	                3.26%
	Other orders as percentage of total other orders	                0.00%
	10.	Morgan Stanley & Co. Incorporated
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                0.88%
	Limit orders as percentage of total limit orders	                0.00%
	Other orders as percentage of total other orders	                0.00%
	Page 6 of 8

	Exchange - Listed Options
	Summary Statistics :
	Non-directed orders as percentage of total customer orders	100.00%
	Market orders as percentage of total non-directed orders	14.77%
	Limit orders as percentage of total non-directed orders	85.10%
	Other orders as percentage of total non-directed orders	0.12%
	Venues Receiving Significant Percentage of Total Non-Directed Orders :
	1.	Nasdaq Options Market	              31.62%
	2.	The Chicago Board Options Exchange	              18.07%
	3.	NASDAQ OMX PHLX	              13.43%
	4.	BATS Options Exchange, Inc.	              13.19%
	5.	NYSE Arca Options	                8.42%
	6.	The Boston Option Exchange	                6.11%
	7.	NYSE Amex Options	                5.49%
	8.	The International Securities Exchange	                2.20%
	9.	Nasdaq OMX BX, Inc.	                0.49%
	10.	C2 Options Exchange	                0.24%
	Information Concerning Significant Venues :
	1.	Nasdaq Options Market
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                0.83%
	Limit orders as percentage of total limit orders	              37.02%
	Other orders as percentage of total other orders	                0.00%
	2.	The Chicago Board Options Exchange
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	              24.79%
	Limit orders as percentage of total limit orders	              16.79%
	Other orders as percentage of total other orders	            100.00%
	3.	NASDAQ OMX PHLX
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	              30.58%
	Limit orders as percentage of total limit orders	              10.47%
	Other orders as percentage of total other orders	                0.00%
	4.	BATS Options Exchange, Inc.
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                8.26%
	Limit orders as percentage of total limit orders	              14.06%
	Other orders as percentage of total other orders	                0.00%
	5.	NYSE Arca Options
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                0.83%
	Limit orders as percentage of total limit orders	                9.76%
	Other orders as percentage of total other orders	                0.00%
	Page 7 of 8

	6.	The Boston Option Exchange
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	              20.66%
	Limit orders as percentage of total limit orders	                3.59%
	Other orders as percentage of total other orders	                0.00%
	7.	NYSE Amex Options
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                6.61%
	Limit orders as percentage of total limit orders	                5.31%
	Other orders as percentage of total other orders	                0.00%
	8.	The International Securities Exchange
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                4.13%
	Limit orders as percentage of total limit orders	                1.87%
	Other orders as percentage of total other orders	                0.00%
	9.	Nasdaq OMX BX, Inc.
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                0.00%
	Limit orders as percentage of total limit orders	                0.57%
	Other orders as percentage of total other orders	                0.00%
	10.	C2 Options Exchange
	Types of Orders Routed to Venue :
	Market orders as percentage of total market orders	                1.65%
	Limit orders as percentage of total limit orders	                0.00%
	Other orders as percentage of total other orders	                0.00%
	Page 8 of 8

	Page 9 of 8