Rule 606 Quarterly Report

Success Trade Securities Inc.
1900 L Street NW
Suite 525
Washington, DC 20036

SEC-Required Report on Routing of Customer Orders
For Quarter Ending Jun 30, 2004

Success Trade Securities, Inc. has prepared this report pursuant to a U.S. Securities and Exchange Commission rule requiring all brokerage firms to make publicly available quarterly reports on their order routing practices. The report provides information on the routing of "non-directed orders" - any order that the customer has not specifically instructed to be routed to a particular venue for execution. For these non-directed orders, Success Trade has selected the execution venue on behalf of its customers.

The report is divided into four sections:

• Securities listed on the New York Stock Exchange and reported as a Network A eligible security
• Securities listed on The FINRAaq Stock Market
• Securities listed on the American Stock Exchange or regional exchanges and reported as a Network B eligible security
• Exchange-listed options

For each section, this report identifies the venues most often selected by Success Trade, sets forth the percentage of various types of orders routed to the venues, and discusses the material aspects of Success Trade's relationship with the venues

Securities Listed on NYSE / Network A Eligible Security

Summary Statistics: Non-directed orders as % of total customer orders 100% Market orders as % of total non-directed orders 23.92% Limit orders as % of total non-directed orders 49.81% Other orders as % of total non-directed orders 26.27% Venues Receiving Significant Percentage of Total Non-Directed Orders: Archipelago ECN  0.25% Island ECN 1.77% Schwab 91.08% OES 6.89%

Information Concerning Significant Venues:

1. Archipelago ECN Types of Orders Routed to Venue:  Market orders as % of total orders 0.13% Limit orders as % of total orders 0.13% Other orders as % of total other orders 0.06%   Material Aspects of Relationship with Venue: Success Trade Securities receives payment for directing order flow to ARCA ECN. Payment is based on size of executed order and whether or not the order has added liquidity to the ARCA order book. Payment for qualifying orders during this period was $2.00 per thousand shares executed.

2. Island ECN  Types of Orders Routed to Venue: Market orders as % of total mrkt. orders 0.00% Limit orders as % of total orders 3.56% Other orders as % of total other orders 0.00%     Material Aspects of Relationship with Venue: Success Trade Securities receives payment for directing order flow to ISLAND ECN. Payment is based on size of executed order and whether or not the order has added liquidity to the ISLAND order book. Payment for qualifying orders during this period was $2.00 per thousand shares executed   Go Top 3. Schwab Types of Orders Routed to Venue: Market orders as % of total mrkt. orders 92.12% Limit orders as % of total orders 86.95% Other orders as % of total other orders 97.97%     Material Aspects of Relationship with Venue: Success Trade Securities does not receive any payment for orders routed to this venue     4. OES Types of Orders Routed to Venue: Market orders as % of total mrkt. orders 7.75% Limit orders as % of total orders 9.08% Other orders as % of total other orders  1.97%     Material Aspects of Relationship with Venue: Success Trade Securities does not receive any payment for orders routed to this venue

Securities Listed On the FINRAAQ Stock Market

Summary Statistics: Non-directed orders as % of total customer orders 100% Market orders as % of total non-directed orders 18.57% Limit orders as % of total non-directed orders 71.30% Other orders as % of total non-directed orders 10.13%     Venues Receiving Significant % of Total Non-Directed Orders: Archipelago ECN .0.67% Island ECN 29.81% GVRC 25.61% OES 0.43% Schwab 43.45% Brokerage America 0.02% Brut ECN 0.01%       Go Top Information Concerning Significant Venues: 1. Archipelago ECN Types of Orders Routed to Venue   Market orders as % of total mrkt. orders 0.29% Limit orders as % of total orders 0.86% Other orders as % of total other orders 0.00%     Material Aspects of Relationship with Venue: Success Trade Securities receives payment for directing order flow to ARCA ECN. Payment is based on size of executed order and whether or not the order has added liquidity to the ARCA order book. Payment for qualifying orders during this period was $2.00 per thousand shares executed     2. Island ECN Types of Orders Routed to Venue: Market orders as % of total mrkt. orders 0.00% Limit orders as % of total orders 41.81% Other orders as % of total other orders 0.00%     Material Aspects of Relationship with Venue: Success Trade Securities receives payment for directing order flow to ISLAND ECN. Payment is based on size of executed order and whether or not the order has added liquidity to the ISLAND order book. Payment for qualifying orders during this period was $2.00 per thousand shares executed.     3. GVRC Types of Orders Routed to Venue: Market orders as % of total mrkt. orders 45.02% Limit orders as % of total orders 24.08% Other orders as % of total other orders 0.80%     Material Aspects of Relationship with Venue: Success Trade Securities receives payment for directing equity order flow to GVRC. Payment is based on size of executed order.     4. OES Types of Orders Routed to Venue: Market orders as % of total mrkt. orders 0.46% Limit orders as % of total orders 0.28% Other orders as % of total other orders 1.42%     Material Aspects of Relationship with Venue: Success Trade Securities does not receive any payment for orders routed to this venue     5. Schwab Types of Orders Routed to Venue: Market orders as % of total mrkt. orders 54.21% Limit orders as % of total orders 32.93% Other orders as % of total other orders 97.79%     Material Aspects of Relationship with Venue: Success Trade Securities does not receive any payment for orders routed to this venue   Go Top     6. Brokerage America Types of Orders Routed to Venue: Market orders as % of total mrkt. orders 0.02% Limit orders as % of total orders 0.03% Other orders as % of total other orders 0.00%     Material Aspects of Relationship with Venue: Success Trade Securities does not receive any payment for orders routed to this venue   Go Top 7. Brut ECN  Types of Orders Routed to Venue: Market orders as % of total mrkt. orders 0.00% Limit orders as % of total orders 0.01% Other orders as % of total other orders 0.00%     Material Aspects of Relationship with Venue: Success Trade Securities receives payment for directing equity order flow to BRUT ECN. Payment is based on size of executed order and whether or not the order has added liquidity to the BRUT order book. Payment for qualifying orders during this period was $2.00 per thousand shares executed.

Securities Listed on American Stock Exchange or Regional Exchanges/Network B Eligible Security

Summary Statistics: Non-directed orders as % of total customer orders 100% Market orders as % of total non-directed orders 12.13% Limit orders as % of total non-directed orders 82.83% Other orders as % of total non-directed orders 5.04%     Venues Receiving Significant % of Total Non-Directed Orders: OES 9.98% Archipelago ECN 0.14% Schwab 88.83% Island ECN 1.06%

Information Concerning Significant Venues:

1. OES Types of Orders Routed to Venue: Market orders as % of total mrkt. orders 12.46% Limit orders as % of total orders 9.25% Other orders as % of total other orders 15.86%     Material Aspects of Relationship with Venue: Success Trade Securities does not receive any payment for orders routed to this venue     2. Archipelago ECN Types of Orders Routed to Venue: Market orders as % of total mrkt. orders 0.00% Limit orders as % of total orders 0.17% Other orders as % of total other orders 0.00%     Material Aspects of Relationship with Venue: Success Trade Securities receives payment for directing order flow to ARCA ECN. Payment is based on size of executed order and whether or not the order has added liquidity to the ARCA order book. Payment for qualifying orders during this period was $2.00 per thousand shares executed.     3. Schwab Types of Orders Routed to Venue: Market orders as % of total mrkt. orders 87.54% Limit orders as % of total orders 89.30% Other orders as % of total other orders 84.14%     Material Aspects of Relationship with Venue: Success Trade Securities does not receive any payment for orders routed to this venue     4. Island ECN Types of Orders Routed to Venue: Market orders as % of total mrkt. orders 0.00% Limit orders as % of total orders 1.28% Other orders as % of total other orders 0.00%     Material Aspects of Relationship with Venue: Success Trade Securities receives payment for directing order flow to ISLAND ECN. Payment is based on size of executed order and whether or not the order has added liquidity to the ISLAND order book. Payment for qualifying orders during this period was $2.00 per thousand shares executed.   Go Top

Exchange-Listed Options

N/A Types of Orders Routed to Venue: