NDX Trading, Inc.
3433 Broadway Street N.E.
Minneapolis, MN 55413

Dear Investor:

We are pleased to offer you an opportunity to invest in or trade your debt securities with us and we are excited to offer this service at low commission rates.

As you are probably aware, NDX Trading began offering Fixed Income Products earlier this year with the addition of Rich Krech to our firm.  Rich comes to us with over 20 years of trading experience in taxable fixed income with local firms such as RBC Dain Rauscher.

Whether you have previously invested in fixed income securities or are a novice, aggressive or conservative, Rich has the knowledge and access to a broad array of fixed income products and will work closely with you-- defining your needs, exploring your options and finding the best solution to meet your objectives.  And, because we feel it is important to maximize your potential return, this will be performed at competitive product pricing and a low cost to you.

What does this mean for you?

            Example (generic A-rated corporate bond):
                        XYZ-Corp  5.375%  due 5/01/17
                                    Commission:  2.0%      PX:  99.33      5.46% yield to maturity
                                                                        VS.
                                    Commission:  1.0%      PX:  98.35      5.60% yield to maturity

Lower commission!  Lower dollar cost!  Equals an increase of 14 basis points in yield when held to maturity!

Please accept our invitation and contact NDX Trading to explore how we can be of service to you.

Sincerely,

NDX Trading, Inc.
612-331-8225