Business Continuity Plan: NASD Rule 3510
Summary
As a NASD registered broker/dealer, we have developed a Business
Continuity Plan to help ensure we continue to operate when a
sudden business disruption occurs. In our capacity as an introducing
broker dealer, we provide many products and services to our clients
directly or through a third party. We have established a plan
that takes into account disruptions that may be local to us,
our vendors, and the financial system as a whole due to anything
from a natural disaster to a terrorist attack. Our business partners
and clearing firm, Penson Financial Services have processes in
place that are designed to restore operations within a 24 hour
time span. Penson Financial services provides us with a variety
of services that require the provision of continual technological
and operational support. In order to accomplish this, our clearing
firm has a remotely independent hot disaster recovery site that
has resources in place to operate and maintain critical business
processes. In the event that Mastertrader, Penson Financial Services,
or any one of our other vendors experiences a sudden business
disruption we will relay pertinent information to you via email
and our web site. Should you have inquires about this plan questions
can be directed to Mastertrader.com, Compliance Department, 7-11
South Broadway, Suite 210A, White Plains, NY 10601.
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