A.B. Watley Group, Inc., through its wholly owned

A.B. Watley Group, Inc., through its wholly owned subsidiary, A.B. Watley Direct, Inc. (Direct), provides online financial services. Direct, operates as a broker-dealer registered with the National Association of Securities Dealers, Inc. and a SIPC member. The company offers solution for equities traders and investors as their trading needs evolve. Online Trading Products and Services ABWG is an online discount brokerage firm that offers two electronic trading systems, which employ continually updated, computer hardware and software to instantly deliver real-time market data, and process customer orders. The two primary systems offered by ABWG are UltimateTrader and WatleyTrader. The UltimateTrader is trading system that empowers the retail and/or institutional stock trader with a transparent view of the electronic stock markets. This system is a client-server application that would be accessed through the Internet, and through various private virtual networks. The Web-based WatleyTrader serves individual investors seeking fundamental online trading solutions. Through its trading platforms, the company also offers various financial products, in addition to equities and equity options trading, including spot foreign exchange (Forex or FX), as well as currency options, futures, physical commodities, mutual funds and fixed income products. Access to research, graphing and charting capabilities and NASDAQ Level II data are a hallmark of UltimateTrader. UltimateTrader - The Premier Industry Trading System: The company developed UltimateTrader to offer retail and/or institutional trader a real-time, dynamic, institutional quality U.S. equity trading platform. UltimateTrader is the trading stations delivered over the Internet, providing for executions on listed shares, NASDAQ equities, and equity options in a transparent environment. Upon routing orders directly to the exchanges, UltimateTrader enables execution and confirmation of orders in a matter of seconds from any Internet point in the world. WatleyTrader - A Fundamental Trading Platform: WatleyTrader is the company’s fundamental Internet brokerage service and the data gathering and execution savvy products on the World Wide Web. WatleyTrader offers data on stocks, markets, indices, mutual funds, news, options, etc. This product is accessed primarily through an interactive, well-designed, data rich Web site that establishes user interaction through a plethora of free data. It targets those individuals who typically trade two to ten times a month. History A.B. Watley Group, Inc. was founded in 1996.