Exhibit C – ABC, LLC

Attach as Exhibit C narrative and graphic descriptions of registrant’s organizational structure. If clearing agency activities are conducted primarily by a division, subdivision, or other segregable entity within the registrant corporation or organization, identify the relationship of such entity to the registrant’s overall organizational structure and limit the descriptions to the division, subdivision or other segregable entity which performs clearing agency activities.

ABC LLC’s (“ABC”) clearing agency activities are operated solely by DEF, LLC, a wholly owned subsidiary of ABC (“DEF”). DEF is a Delaware limited liability company formed on January 1, 2010. ABC’s Board of Directors is the ultimate decision-making body and charged with setting the policies and strategies of ABC and DEF. DEF is managed by its COO, who reports to the CEO of ABC. In certain instances, the personnel and other resources for a division or department are provided pursuant to intercompany service agreements between ABC and DEF.  

Organizational Chart

Segregable Entity in Organizational Structure