Amex UTPSpecialists

Why the Amex Auction Market Specialists

Equitec Specialists, LLC
Susquehanna International Group, LLP

Equitec Specialists, LLC is part of the Equitec global family of companies. Equitec is a proprietary trading group with market making and specialist operations on nine domestic exchanges, as well as a U.K. subsidiary that trades on electronic exchanges throughout Europe. Equitec trades primary and derivative instruments in a wide variety of index, equity, financial and structured products, using a combination of traditional and proprietary cross-hedging methodologies. Equitec's specialist operation includes 450 Philadelphia Stock Exchange and Chicago Stock Exchange exchange-based equities and ETFs. The Equitec Amex Specialist unit began in October 2001 and to date has 50 products, comprised of equity and index options, ETFs and unlisted trading privileges in Nasdaq issues. The Equitec group also acts as a specialist in approximately 250 options on the Chicago Board Options Exchange, Philadelphia Stock Exchange, and Pacific Stock Exchange. The Company's team of 200 professionals includes an IT staff of developers and network operations personnel to support the growth of its quoting, position management, database and communications systems. Equitec is headquartered in Chicago, with offices in New York, San Francisco, Philadelphia, and London. For more information click on www.eqtc.com.

Susquehanna International Group, LLP (SIG), a premier securities trading and technology firm, offers renowned execution expertise in options, listed and Nasdaq stocks, exchange traded funds (ETFs), and American Depositary Receipts (ADRs). In addition, SIG encompasses a New York Stock Exchange specialist in over 150 listings, a Nasdaq market making operation in over 1,200 stocks, is the nation's largest options market maker and specialist in over 725 options classes, and is the leading sector index options trading firm. SIG is also one of the largest liquidity providers in ETFs. SIG is active in the markets of over 20 countries on 5 continents, including offices in Bala Cynwyd, Boston, Chicago, Dublin, New York, Philadelphia, San Francisco, and Sydney. For more information call 212-306-2336 or click on www.sig.com.