Penserra Disclosure Statement

Penserra Securities LLC has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.

Contacting Us – If after a significant business disruption you cannot contact us as you usually do at 212-607-3190, you should call our alternative number, 925-258-1970 for George Madrigal or go to our web site at www.penserra.com. If you cannot access us through either of those means, you should contact our clearing firms, Goldman Sachs Execution & Clearing, at http://www.gs.com or 212-902-4372 or Merrill Lynch Broacort, at http://gmi.ml.com/Broadcort/ or 201-557-0700 for instructions on how it may provide prompt access to funds and securities, enter orders and process other trade-related, cash, and security transfer transactions for your customers.

Our Business Continuity Plan – We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.

Our business continuity plan addresses: data back up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business.

Our full BCP plan can be viewed at www.penserra.com/bcp/bcpplan.pdf

Our clearing firm, GSEC, backs up our important records in a geographically separate area. While every emergency situation poses unique problems based on external factors, such as time of day and the severity of the disruption, we have been advised by our clearing firm that its objective is to restore its own operations and be able to complete existing transactions and accept new transactions and payments within a reasonable amount of time. Your orders and requests for funds and securities could be delayed during this period.

Varying Disruptions – Significant business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we will transfer our operations to a local site when needed and expect to recover and resume business within as quickly as time would allow.  In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and recover and resume business. In either situation, we plan to continue in business, transfer operations to our clearing firm if necessary, and notify you through our web site or our customer emergency number, how to contact us. If the significant business disruption is so severe that it prevents us from remaining in business, we will assure our customer’s prompt access to their funds and securities.

Disclosure of Routing Practices

SEC Rule 11Ac1-6 (Rule 6) states that broker-dealers who route customer orders in equity securities must make publicly available quarterly reports that identify the venues to which customer orders are routed for execution. These statistics provide an overview on which venues receive customers' orders in New York Stock Exchange listed stocks, NASDAQ stocks, and AMEX stocks. The report provides this information for market, limit, and other orders.

Please note that the information you are about to view is hosted on the Market Systems, Inc. Web site. Penserra Securities believes the information on the Market Systems, Inc. Web site to be reliable, but cannot guarantee its accuracy. Furthermore, Market Systems, Inc. may have privacy and security practices different from those of Penserra Securities. (This link will launch a separate Web browser window. You will need to close the new window to return to the Penserra Securities' Web site.)

View Penserra Securities Rule 6 Data for current quarter

For more information

If you have questions about our business continuity planning, you can contact us at

+1-212-607-3190.