BANK PARTICIPATION IN FUTURES OPTIONS MARKETS

(IN CONTRACTS - NOT DELTA ADJUSTED)



                                          BANK     BANK      LONG         SHORT            CALL      LONG          SHORT           PUT
 DATE       COMMODITY                     TYPE     COUNT     CALLS   %    CALLS    %       O. I.     PUTS    %     PUTS    %       O. I.

04/05/05 CBT U.S. TREASURY BONDS          U.S.        4     15,050  4.2    6,600  1.9    355,226     7,400  1.5    3,250  0.7    498,395
                                          NON U.S.   11      7,700  2.2    8,090  2.3                9,733  2.0   12,510  2.5
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                     15     22,750  6.4   14,690  4.2               17,133  3.5   15,760  3.2

04/05/05 NYME NO. 2 HEATING OIL, N.Y. HARBOR
                                          U.S.        2        700  2.0        0  0.0     35,097       600  1.5        0  0.0     40,034
                                          NON U.S.    3      2,810  8.0      990  2.8                1,610  4.0    1,815  4.5
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                      5      3,510 10.0      990  2.8                2,210  5.5    1,815  4.5

04/05/05 NYME NATURAL GAS                 U.S.        5     16,942  4.3   10,773  2.7    391,861    20,799  4.5   13,324  2.9    462,193
                                          NON U.S.    6     29,202  7.5   26,862  6.9               37,178  8.0   37,079  8.0
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                     11     46,144 11.8   37,635  9.6               57,977 12.5   50,403 10.9

04/05/05 NYME OTC NATURAL GAS OPTIONS     U.S.        5     24,828  5.5   32,298  7.2    450,305    28,801  5.4   32,528  6.1    534,520
                                          NON U.S.    6     52,206 11.6   65,833 14.6               69,861 13.1   60,827 11.4
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                     11     77,034 17.1   98,131 21.8               98,662 18.5   93,355 17.5

04/05/05 CBT 10-YEAR U.S. TREASURY NOTES  U.S.        8     66,316  5.4   61,795  5.1  1,223,178   109,444  6.5   82,572  4.9  1,690,831
                                          NON U.S.   33     49,477  4.0   53,928  4.4              163,666  9.7   97,366  5.8
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                     41    115,793  9.4  115,723  9.5              273,110 16.2  179,938 10.7

04/05/05 CBT 5-YEAR U.S. TREASURY NOTES   U.S.        3      8,275  2.3   12,250  3.4    356,815     8,625  1.4    4,850  0.8    613,365
                                          NON U.S.   14     24,170  6.8   32,663  9.2               22,675  3.7   23,582  3.8
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                     17     32,445  9.1   44,913 12.6               31,300  5.1   28,432  4.6

04/05/05 CBT 30-DAY FEDERAL FUNDS         U.S.        2     21,350  6.1   28,237  8.0    352,591     6,300  2.1    7,778  2.6    297,620
                                          NON U.S.   13     23,050  6.5    8,500  2.4               21,126  7.1   11,793  4.0
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                     15     44,400 12.6   36,737 10.4               27,426  9.2   19,571  6.6

04/05/05 NYME CRUDE OIL, LIGHT SWEET      U.S.        4     59,011  9.5   36,693  5.9    620,650    66,071  7.4   41,439  4.6    897,036
                                          NON U.S.   12     50,889  8.2   90,583 14.6              114,006 12.7  118,274 13.2
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                     16    109,900 17.7  127,276 20.5              180,077 20.1  159,713 17.8

04/05/05 NYBT COFFEE C                    NON U.S.    5         60  0.1      360  0.3    107,856     1,241  1.8        0  0.0     67,148

04/05/05 CMX SILVER                       U.S.        1        700  1.2      871  1.4     60,610         0  0.0      300  1.5     19,489
                                          NON U.S.    4      4,760  7.9    6,223 10.3                1,020  5.2    1,720  8.8
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                      5      5,460  9.1    7,094 11.7                1,020  5.2    2,020 10.3

04/05/05 CMX GOLD                         U.S.        1     14,470  7.5   16,922  8.8    192,375    19,620 12.1   13,800  8.5    161,646
                                          NON U.S.    8     23,600 12.3   19,692 10.2               29,375 18.2   17,010 10.5
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                      9     38,070 19.8   36,614 19.0               48,995 30.3   30,810 19.0

04/05/05 CME CANADIAN DOLLAR              U.S.        2      1,164 12.5    1,808 19.4      9,341       964 11.3    1,199 14.0      8,560
                                          NON U.S.    3        300  3.2      450  4.8                  530  6.2        0  0.0
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                      5      1,464 15.7    2,258 24.2                1,494 17.5    1,199 14.0

04/05/05 CME EURO FX                      U.S.        2      5,314  7.3    2,577  3.5     72,685     3,432  6.7    2,586  5.0     51,431
                                          NON U.S.    6      3,011  4.1      150  0.2                2,511  4.9      466  0.9
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                      8      8,325 11.4    2,727  3.7                5,943 11.6    3,052  5.9

04/05/05 CME 3-MONTH EURODOLLARS          U.S.        8    255,917  3.2  687,243  8.5  8,066,732   671,029  7.1  314,669  3.3  9,459,977
                                          NON U.S.   51    425,375  5.3  523,457  6.5              946,439 10.0  588,924  6.2
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                     59    681,292  8.5  1210700 15.0              1617468 17.1  903,593  9.5