Integrated Brokerage Services, LLC, d/b/a IBS Futures, d/b/a IBS Forex, d/b/a IBS Metals

At Integrated Brokerage Services, LLC ("Integrated") maintaining client trust and confidence is a high priority. We understand that you are concerned with how we treat nonpublic personal information ("Client Information") that we obtain from you or from other sources about you in the course of providing our products and services to you. For this reason, we want you to understand our privacy policies and your right to opt out of disclosing certain information.

SECURITY PROCEDURES

Integrated restricts access to Client Information about you to:

• Our employees and affiliates who need to know that information in order to provide the products and services you receive from us
  
  
• Third-party brokers who have introduced you to us ("Introducing Brokers") and clearing firms such as Broker-Dealers and Futures Commissions Merchants to whom we may introduce you.
  
  

To protect the security of Client Information, we maintain physical, electronic, and procedural safeguards that comply with federal standards for guarding the information we collect about you.

INFORMATION WE COLLECT

In providing you with financial products and services, Alliance may collect the following types of Client Information:

• Information we receive from your Introducing Broker (if any) or from you on account applications.
• Information about your transactions with us, our affiliates, or others.
• Information we receive from a consumer reporting agency.
• Information regarding your use or experiences at our web sites.

INFORMATION WE DISCLOSE:

We do not disclose any nonpublic personal information about our customer or former customers to anyone, except as permitted by law. From time to time, we may disclose all of the information we collect as described above to companies that perform marketing services on our behalf or to other financial institutions with which we have joint marketing agreements. However, we prohibit any joint marketing firm from further sharing your information for any other purpose.

We may also disclose your Client Information to other nonaffiliated third parties as required by law, such as in response to a subpoena or legal process or in order to complete a transaction initiated and authorized by you.

RIGHT TO OPT OUT OF INFORMATION SHARING

If you prefer that we not disclose your Client Information to unaffiliated third parties, you may opt out of those disclosures. That is, you may direct us not to make those disclosures (other than disclosures permitted by law). If you wish to opt out of disclosure to nonaffiliated third parties, please confirm your wish to opt out of all information of your client information in writing by contacting us using one of the two methods listed below:

JOINT ACCOUNT PROCEDURES

Please note that, if your account(s) with us is a joint account, any joint account holder may elect to opt out for all of the joint account holders

INTRODUCED ACCOUNTS

If Integrated introduces your account to another firm you will be receiving a privacy policy statement directly from such firm. Their policies and procedures for opting out of disclosure or use of your Customer Information may be different from ours. If you choose to opt out you must reply to each notice that you receive as set out in each notice.

If Integrated Brokerage, LLC introduces your account to a clearing Futures Commission Merchant (FCM) on a full disclosed basis; you will also be receiving a privacy policy statement directly from the FCM. Their policies and procedures may differ from ours.

IBS Securities, LLC

At IBS Securities, LLC and its affiliates, maintaining client trust and confidence is a high priority. We understand that you are concerned with how we treat nonpublic personal information (“Client Information”) that we obtain from you or from other sources about you in the course of providing you with our products and services. For this reason, we want you to understand how we work to protect your privacy when we collect and use information about you, and the steps we take to safeguard that information.

SECURITY PROCEDURES

IBS Securities, LLC restricts access to Client Information about you to:

• Those of our employees and affiliates who need to know that information in order to provide the products and services you receive from us.
  
  
• Those unaffiliated brokers who have introduced you to us ("Introducing Brokers")
  
  
• Those unaffiliated third parties whose access to such information are permitted by law and who need to know that information in order to assist us in providing you with the products and services you receive from us.

To protect the security of Client Information, we maintain physical, electronic, and procedural safeguards that comply with federal standards for guarding the information we collect about you.

INFORMATION WE COLLECT

In providing you with financial products and services, IBS Securities, LLC. May collect the following types of Client Information:

• Information we receive from your Introducing Broker (if any) or from you on account applications, whether written or electronic, or on other forms. This information would include your name, address, social security number, income, investment experience, and so forth.
  
  
• Information about your transactions with us, our affiliates, or others. This information could include your trading through us, our affiliates and others, your history of meeting margin calls, and your use of various products and services that we and our affiliates provide.
  
  
• Information about your creditworthiness, credit history, and other information about you that we receive from consumer reporting agencies, our affiliates, your Introducing Broker (if any), or providers of other demographic information, such as your purchasing or investment preferences.
  
  
• Information about you obtained in connection with our efforts to protect against fraud or unauthorized use of your account(s) with us.

INFORMATION WE DISCLOSE:

At the present time, IBS Securities, LLC does not disclose any Client Information on current or former clients, except as permitted by law. We, however, reserve the right to disclose Client Information in the future to unaffiliated third parties. We will make these disclosures in order to provide you with access to products or services we think may be of interest to you.

CATEGORIES OF PARTIES TO WHICH WE MAY DISCLOSE:

IBS Securities, LLC may disclose the types of your Client Information listed above to the following types of third parties:

• Companies that perform marketing services on our behalf or to other financial institutions with which we have joint marketing agreements.
  
  
• Financial service providers, such as introducing brokers, broker-dealers, futures commission merchants, investment companies, investment advisers, commodity trading advisors, and commodity pool operators.
  
  
• Publishers and other direct marketers of products related to the financial services industry, such as newsletter or book publishers and software or trading system developers.
  
  
• We may also disclose your Client Information to other nonaffiliated third parties as permitted by law, such as in response to a subpoena or legal process or in order to complete a transaction with you initiated and authorized.

RIGHT TO OPT OUT OF INFORMATION SHARING

If you prefer that we not disclose your Client Information to unaffiliated third parties, you may opt out of those disclosures. That is, you may direct us not to make those disclosures (other than disclosures permitted by law). You, however, may not opt out of Client Information disclosure about you to your Introducing Broker (if any), our clearing broker, or any service provider necessary to effect or process any transaction in your account(s) with us.

If you wish to opt out of disclosure to nonaffiliated third parties, please confirm your wish to opt out of all information of your client information in writing by contacting us using one of the two methods listed below:

JOINT ACCOUNT PROCEDURES

Please note that, if your account(s) with us is for joint tenants with rights of survivorship, tenants in common, or a partnership, any one party to the account may elect to opt out for the account. That opt out election will bind all parties to the account.

At Alliance Financial, LLC ("Alliance") maintaining client trust and confidence is a high priority. We understand that you are concerned with how we treat nonpublic personal information ("Client Information") that we obtain from you or from other sources about you in the course of providing our products and services to you. For this reason, we want you to understand our privacy policies and your right to opt out of disclosing certain information.

SECURITY PROCEDURES

Alliance restricts access to Client Information about you to:

• Our employees and affiliates who need to know that information in order to provide the products and services you receive from us
  
  
• Third-party brokers who have introduced you to us ("Introducing Brokers") and clearing firms such as Broker-Dealers and Futures Commissions Merchants to whom we may introduce you.
  
  

To protect the security of Client Information, we maintain physical, electronic, and procedural safeguards that comply with federal standards for guarding the information we collect about you.

INFORMATION WE COLLECT

In providing you with financial products and services, Alliance may collect the following types of Client Information:

• Information we receive from your Introducing Broker (if any) or from you on account applications.
• Information about your transactions with us, our affiliates, or others.
• Information we receive from a consumer reporting agency.
• Information regarding your use or experiences at our web sites.

INFORMATION WE DISCLOSE:

We do not disclose any nonpublic personal information about our customer or former customers to anyone, except as permitted by law. From time to time, we may disclose all of the information we collect as described above to companies that perform marketing services on our behalf or to other financial institutions with which we have joint marketing agreements. However, we prohibit any joint marketing firm from further sharing your information for any other purpose.

We may also disclose your Client Information to other nonaffiliated third parties as required by law, such as in response to a subpoena or legal process or in order to complete a transaction initiated and authorized by you.

RIGHT TO OPT OUT OF INFORMATION SHARING

If you prefer that we not disclose your Client Information to unaffiliated third parties, you may opt out of those disclosures. That is, you may direct us not to make those disclosures (other than disclosures permitted by law). If you wish to opt out of disclosure to nonaffiliated third parties, please confirm your wish to opt out of all information of your client information in writing by contacting us using one of the two methods listed below:

JOINT ACCOUNT PROCEDURES

Please note that, if your account(s) with us is a joint account, any joint account holder may elect to opt out for all of the joint account holders

INTRODUCED ACCOUNTS

If Alliance introduces your account to another firm you will be receiving a privacy policy statement directly from such firm. Their policies and procedures for opting out of disclosure or use of your Customer Information may be different from ours. If you choose to opt out you must reply to each notice that you receive as set out in each notice.