Global Brokerage Inc. (GLBR)

[Condor65]

I read ! : USE OF PROCEEDS

Unless otherwise indicated in a prospectus supplement, we intend to use the net proceeds from our sale of securities pursuant to this prospectus from time to time to reduce or refinance outstanding debt, redeem or repurchase certain outstanding securities, increase our working capital, and for general corporate purposes. We have not allocated the proceeds to these purposes as of the date of this prospectus. Allocation of the proceeds of a particular series of securities, or the principal reasons for the offering, if no allocation has been made, will be described in the applicable prospectus supplement.

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