Converging Arrows, Inc.

E*TRADE Financial Corporation Capital Trust VII

ClearStation, Inc.

E*TRADE Financial Corporation Capital Trust IX

E*TRADE Financial Corporate Services, Inc.

E*TRADE Financial Corporation Capital Trust X

BRE Holdings, LLC

ETB Capital Trust XI

E*TRADE International Equipment

ETB Capital Trust XII

Management Corporation

ETB Capital Trust XIII

E*TRADE Asset Management, Inc.

ETB Holdings, Inc. Capital Trust XIV

E*TRADE Advisory Services, Inc.

ETB Capital Trust XV

E*TRADE Insurance Services, Inc.

ETB Capital Trust XVI

Professional Path, Inc.

ETB Holdings, Inc. Capital Trust XVII

E*TRADE Online Ventures, Inc.

ETB Holdings, Inc. Capital Trust XVIII

E*TRADE Disaster Relief Fund

ETB Holdings, Inc. Capital Trust XIX

Confluent, Inc.

ETB Holdings, Inc. Capital Trust XX

E*TRADE Capital, Inc.

E*TRADE Bank

Canopy Acquisition Corp.

TBFC Holdings

E*TRADE Technologies Group, LLC

Highland REIT Inc.

E*TRADE Archipelago Holdings, LLC

Highland Holdings Corporation

W&L Aviation, Inc.

E*TRADE Consumer Finance Corporation

BWL Aviation, LLC

ETCF Asset Funding Corporation

Web Street, Inc.

E*TRADE Access, Inc.

Webstreet.com, Inc.

CCS Canada, Inc.

Web Street Securities, Inc.

E*TRADE Mortgage Corporation

E*TRADE Brokerage Holdings, Inc.

U.S. Raptor One, Inc.

E*TRADE Clearing LLC

U.S. Raptor Two, Inc.

E*TRADE Securities LLC

U.S. Raptor Three, Inc.

E*TRADE Brokerage Services, Inc.

E*TRADE Settlement Services, Inc.

Tradescape Technology Holdings, Inc.

LendingLink, LLC

ETP Technologies, LLC

TIR Securities (Australia) Pty Limited

ETP Holdings, Inc.

TIR (Australia) Services Pty Limited

Tradescape Professional Securities, LLC

E*TRADE Benelux SA

E*TRADE Professional Trading, LLC

E*TRADE Asia Ltd.

Dempsey & Company, LLC

TIR Holdings (Brazil) Limitada

GVR Company LLC

E*TRADE Canada Securities Corporation

E*TRADE National Holdings, Inc.

EGI Canada Corporation

E*TRADE BBH, Inc.

E*TRADE Technologies Corporation

E*TRADE Re, LLC

VERSUS Brokerage Services (U.S.) Inc.

ETB Holdings, Inc.

3045175 Nova Scotia Company

E*TRADE Global Asset Management, Inc.

3744221 Canada Inc.

Capitol View, LLC

TIR (Holdings) Limited

E*TRADE Mortgage Backed Securities Corporation

E*TRADE Bank A/S

Telebanc Capital Trust I

E*TRADE SARL

Telebanc Capital Trust II

E*TRADE Germany Communications GmbH

ETFC Capital Trust I

ETRADE Securities (Hong Kong) Limited

ETFC Capital Trust II

ETRADE Securities Limited

ETFC Capital Trust III

ETRADE Global Research Limited

E*TRADE Financial Corporation Capital Trust IV

ETRADE Corporate Services (Hong

E*TRADE Financial Corporation Capital Trust V

Kong) Limited

E*TRADE Financial Corporation Capital Trust VI

ETRADE Asia Services Limited

E TRADE Systems India Private Limited

E*TRADE UK Limited

E*TRADE Europe Securities Limited

E*TRADE UK Nominees Limited

E*TRADE Web Services Limited

Electronic Share Information, Limited

E*TRADE Europe Services Limited

E*TRADE Global Services Limited

E*TRADE Europe Holdings B.V.

E*TRADE Iceland HF

E*TRADE Securities Corporation

E-TRADE South Africa (Pty) Limited

E Trade Nordic AB

E-TRADE Nominees (Pty) Limited

E Trade Sverige AB

E*TRADE Technologies Holding Limited

TIR Securities (UK) Limited

E*TRADE Mauritius Limited

HCM Acquisition Corp.

E*TRADE Wealth Management, Inc.

E*TRADE Futures LLC

E*TRADE Institutional Holdings, Inc.

E*TRADE RV and Marine Trust 2004-1

E*TRADE Securities Limited

E*TRADE Community Development Corp.

E*TRADE Institutional Holdings, Inc.

E*TRADE UK (Holdings) Limited

E*TRADE Wealth Management, Inc.