AOS, Inc., doing business as MoneyBlock 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 us to route to a particular venue for execution. For these non-directed orders, AOS, Inc. has selected the execution venue on behalf of its customers.

On or about February 1, 2010, AOS, an introducing broker-dealer, began clearing a portion of its customer trades through Penson Financial Services (PFS). On or about June 6, 2012, APEX Clearing Corporation assumed the clearing operations of PFS. For this period, non-directed stock and option orders received by AOS were routed through Apex/PFS’s routing system with APEX responsible for selecting the execution venue. APEX’s routing report addresses the routing of all of these non-directed customer option orders. AOS receives a portion of the payment for order flow APEX receives for these orders. Please refer to APEX’s routing report attached below.

Other sections of this report identify the venues most often selected by AOS’ executing brokers routing customers’ equity and option orders and sets forth the percentages of various types of orders routed to each venue. AOS has additional relationships with certain venues to which it routes equity and option orders and does have “payment for order flow” or “profit sharing” relationships with such venues.

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