Ecnbroker.com herein called "Introducing Broker or broker ":

I hereby submit this application in order to open an account at Broker I intend to use this account to engage in active day trading of securities. I understand that Broker will execute my trades utilizing the best method it deems appropriate.

I understand that the risk of loss in active day trading can be substantial.

I acknowledge that Broker does not provide investment advice, tax advice or legal adviceregarding the suitability or profitability of a security or investment. I acknowledge that Broker does not make recommendations. I understand that other persons, such as educators, newsletter writers, other broker dealers, independent contractors or other customers, who make recommendations or suggestions or who provide Broker with names of prospective customers are not permitted to solicit or accept accounts or orders or to act or say anything on behalf of Broker. Furthermore, Broker cannot vouch for the accuracy or completeness of any information or advice you may havereceived or receive in the future from any person not employed by Broker regarding stock, stock option, commodity or commodity option trading or the risks involved in such trading, and that Broker shall not be responsible for any loss to you resulting from any firm orindividual supplying you with advice or information.

I understand that active day trading involves entering into many more transactions than does traditional investing. I further understand that as a result of this high volume of transactions, even though the commissions charged by Broker are substantially discounted; I will incur substantial commission costs commonly associated with active trading. I further understand that the commission costs I will incur will be significantly higher than is the case with traditional investment strategy because of the high volume of trades initiated. Commission costs will be incurred regardless of whether I make or losemoney on a trade.

I acknowledge that I will be the only authorized user of my account. I will be fully responsible for the confidentiality and use of my user name(s) and password(s) and I agree that I will be fully and solely responsible for all activities, including brokerage transactions, which arise from the use of my username(s) or password(s). Furthermore, I accept full responsibility to educate myself as to the usage of the softwareand hardware used in electronic day trading.

I understand that my orders will be executed electronically by Broker's automatedorder routing software. This software connects Broker to various exchanges and electronic communication networks.

I understand that I may be subject to potential prosecution under thefederal securities laws for illegal activity conducted in my account and that the NASD will monitor all such trading activity so as to detect any such improper activity. If the NASD detects improper activity or activityharmful to the Nasdaq Stock Market in my account and this activity causes Broker's Nasdaq link tobe terminated, I accept full responsibility and monetary damages, if they should arise.

I acknowledge and accept the inherent risks of electronic trading. I acknowledge that these risks include but are not limited to power failures, software failures, equipment failures and communication failures. I agree to indemnify and hold Broker harmless from and against any and all claims, losses, liability, costs, and expenses (including but not limited to attorney's fees) caused directly or indirectly by government restriction, exchange or market rulings, communications or power failure, equipment or software malfunctions, wars, strikes, or any other cause beyond Broker's reasonable control.