Payment for Order Flow

SageTrader, LLC through its clearing and execution provider, Bank of America Merrill Lynch Professional Clearing Corp., may receive remuneration, compensation or other consideration for the placing of orders with other broker-dealers, exchanges and market centers for execution. The nature and source of such remuneration may vary and will be disclosed to you upon request. Although this is an accepted practice, SageTrader is always strongly committed to achieving the best execution for our clients and generally does not receive payment for order flow. SageTrader, LLC reviews the quality of execution at all of its venues.

January 2013