MORGAN STANLEY

CUSIP: 61747W265 Class: RUPEE/USD ETN

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

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

Q4 2014
Shares 400 Value ($000) $14 Avg Close — Range —
Q3 2014
Shares 800 Value ($000) $28 Avg Close — Range —
Q2 2014
Shares 84 Value ($000) $3 Avg Close — Range —
Q1 2014
Shares 992 Value ($000) $35 Avg Close — Range —
Q4 2013
Shares 702 Value ($000) $22 Avg Close — Range —