MF Global - Securities;Discount Broker:Investment services, trading, online day trading, electronic day trading, options, online brokerage, trading and daytrade

MF Global - Securities
440 S. LaSalle St., 20th Floor
Chicago, IL 60605

SEC-Required Report on Routing of Customer Orders
For Quarter Ending March 31, 2008

MF Global - Securities has prepared this report pursuant to a U.S. Securities and Exchange Commission rule requiring all brokerage firms to make publicly available quarterly reports on their order routing practices. The report provides information on the routing of "non-directed orders" - any order that the customer has not specifically instructed to be routed to a particular venue for execution. For these non-directed orders, MF Global - Securities has selected the execution venue on behalf of its customers.

The report is divided into four sections: one for securities listed on the New York Stock Exchange, one for securities listed on The Nasdaq Stock Market, one for securities listed on the American Stock Exchange or regional exchanges, and one for exchange-listed options. For each section, this report identifies the venues most often selected by MF Global - Securities, sets forth the percentage of various types of orders routed to the venues, and discusses the material aspects of MF Global - Securities' relationship with the venues.

Securities Listed on New York Stock Exchange

Summary Statistics:
	Non-directed orders as percentage of total customer orders	70%
	Market orders as percentage of total non-directed orders	0%
	Limit orders as percentage of total non-directed orders	100%
	Other orders as percentage of total non-directed orders	0%

Venues Receiving Significant Percentage of Total Non-Directed Orders:
	1.	SIAC DOT System New York Equities and Options	0%
	2.	New York Stock Exchange	100%

Information Concerning Significant Venues:
	1.	SIAC DOT System New York Equities and Options Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	0%
		Other orders as percentage of total other orders	0%
	2.	New York Stock Exchange Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	100%
		Other orders as percentage of total other orders	0%

Securities Listed On The Nasdaq Stock Market

Summary Statistics:
	Non-directed orders as percentage of total customer orders	38%
	Market orders as percentage of total non-directed orders	0%
	Limit orders as percentage of total non-directed orders	100%
	Other orders as percentage of total non-directed orders	0%

Venues Receiving Significant Percentage of Total Non-Directed Orders:
	1.	Schwab Capital Markets	0%
	2.	Other OTC Directed	99%
	3.	Bernard L. Madoff Agency	1%
	4.	Hull Liquidity Fund	0%
	5.	NASDAQ SOES System Agency	0%

Information Concerning Significant Venues:
	1.	Schwab Capital Markets Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	0%
		Other orders as percentage of total other orders	0%
	2.	Other OTC Directed Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	99%
		Other orders as percentage of total other orders	0%
	3.	Bernard L. Madoff Agency Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	1%
		Other orders as percentage of total other orders	0%
	4.	Hull Liquidity Fund Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	0%
		Other orders as percentage of total other orders	0%
	5.	NASDAQ SOES System Agency Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	0%
		Other orders as percentage of total other orders	0%

Securities Listed on American Stock Exchange or Regional Exchanges

Summary Statistics:
	Non-directed orders as percentage of total customer orders	72%
	Market orders as percentage of total non-directed orders	0%
	Limit orders as percentage of total non-directed orders	100%
	Other orders as percentage of total non-directed orders	0%

Venues Receiving Significant Percentage of Total Non-Directed Orders:
	1.	CSE Automatic Listed Equities	0%
	2.	American Stock Exchange	2%
	3.	SIAC Per System AMEX Equities	1%
	4.	Pacific Exchange	1%
	5.	Philadelphia Stock Exchange	95%
	6.	Chicago Stock Exchange	0%
	7.	Boston Stock Exchange	0%

Information Concerning Significant Venues:
	1.	CSE Automatic Listed Equities Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	0%
		Other orders as percentage of total other orders	0%
	2.	American Stock Exchange Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	2%
		Other orders as percentage of total other orders	0%
	3.	SIAC Per System AMEX Equities Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	1%
		Other orders as percentage of total other orders	0%
	4.	Pacific Exchange Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	1%
		Other orders as percentage of total other orders	0%
	5.	Philadelphia Stock Exchange Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	95%
		Other orders as percentage of total other orders	0%
	6.	Chicago Stock Exchange Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	0%
		Other orders as percentage of total other orders	0%
	7	Boston Stock Exchange Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	0%
		Other orders as percentage of total other orders	0%

Exchange-Listed Options

Summary Statistics:
	Non-directed orders as percentage of total customer orders	60%
	Market orders as percentage of total non-directed orders	1%
	Limit orders as percentage of total non-directed orders	99%
	Other orders as percentage of total non-directed orders	0%

Venues Receiving Significant Percentage of Total Non-Directed Orders:
	1.	International Securities Exchange	17%
	2.	CBOE RAES System	43%
	3.	POETS/Pacific Exchange Automated Options	0%
	4.	SIAC AMOS System AMEX Options	1%
	5.	Philadelphia Automatic Systems Options	4%
	6.	Chicago Board Options Exchange	35%
	7	Options Desk	0%

Information Concerning Significant Venues:
	1.	International Securities Exchange Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	17%
		Other orders as percentage of total other orders	0%
	2.	CBOE RAES System Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	1%
		Limit orders as percentage of total limit orders	42%
		Other orders as percentage of total other orders	0%
	3.	POETS/Pacific Exchange Automated Options Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	0%
		Other orders as percentage of total other orders	0%
	4.	SIAC AMOS System AMEX Option Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	1%
		Other orders as percentage of total other orders	0%
	5.	Philadelphia Automatic Systems Options Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	4%
		Other orders as percentage of total other orders	0%
	6.	Chicago Board Options Exchange Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	35%
		Other orders as percentage of total other orders	0%
	7.	Options Desk Types of Orders Routed to Venue:
		Market orders as percentage of total market orders	0%
		Limit orders as percentage of total limit orders	0%
		Other orders as percentage of total other orders	0%