LIQUID HLDGS GROUP INC

Ticker: LIQDQ CUSIP: 53633A101 Class: COM

Tower Research Capital LLC (TRC)'s Holding History (CIK: 0001533421)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014

Shares 5,317 Value ($000) $2 Avg Close $0.92 Range $0.29 - $1.38

Q4 2013

Shares 1,866 Value ($000) $13 Avg Close $7.59 Range $6.21 - $9.05

Q3 2013

Shares 611 Value ($000) $4 Avg Close $7.72 Range $6.16 - $10.30

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	5,317	$2	$0.92	$0.29 - $1.38
Q4 2013	1,866	$13	$7.59	$6.21 - $9.05
Q3 2013	611	$4	$7.72	$6.16 - $10.30