PRUDENTIAL BACHE

As one of the world's largest and most respected commodities dealers, Prudential Bache has been at the forefront of the industry for more than 130 years. In that time, we have provided authoritative guidance and market access to a broad spectrum of producers, consumers, traders, institutional risk managers and investors. Today, Prudential offers expert dealing in over-the-counter and exchange-traded futures and options, structured products, base and precious metals, foreign exchange, carbon a... nd emissions, equities, cash fixed income, and asset management services. Collectively referred to as Prudential Bache in the United States, our global group includes Prudential Bache Commodities, LLC, a U.S.-based full-service futures commission merchant (FCM); Prudential Bache Securities, LLC, a U.S.-based registered broker dealer; Bache Commodities Limited, a U.K.-based global commodities and financial derivatives broker; Prudential Bache Asset Management (PBAM), a U.S.-based registered investment advisor (RIA) and commodity trading advisor (CTA); and PB Financial Services, a global over-the-counter (OTC) commodities dealer. Since becoming a wholly owned subsidiary of Prudential Financial in 1981, Prudential Bache's profile has become even more prominent, as we leverage the powerful resources and global reach of our parent company.More