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.

07/05/05 CBT U.S. TREASURY BONDS          U.S.        3     19,186  5.8    7,741  2.3    331,944    14,500  3.0    9,650  2.0    484,005
                                          NON U.S.   12      6,065  1.8   10,471  3.2               13,342  2.8   24,401  5.0
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                     15     25,251  7.6   18,212  5.5               27,842  5.8   34,051  7.0

07/05/05 NYME NATURAL GAS                 U.S.        5     14,800  3.2   15,081  3.3    458,365    24,486  4.2   21,821  3.7    588,102
                                          NON U.S.    6     33,053  7.2   28,761  6.3               46,379  7.9   33,804  5.7
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                     11     47,853 10.4   43,842  9.6               70,865 12.1   55,625  9.4

07/05/05 NYME OTC NATURAL GAS OPTIONS     U.S.        5     34,263  6.2   37,582  6.8    551,587    47,177  7.3   45,390  7.0    646,040
                                          NON U.S.    6     66,328 12.0   88,839 16.1               98,209 15.2   85,478 13.2
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                     11    100,591 18.2  126,421 22.9              145,386 22.5  130,868 20.2

07/05/05 CBT 10-YEAR U.S. TREASURY NOTES  U.S.        4     59,751  5.4   56,745  5.1  1,113,895    45,151  3.4   78,125  5.8  1,342,593
                                          NON U.S.   25     43,705  3.9   47,010  4.2              117,270  8.7   56,679  4.2
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                     29    103,456  9.3  103,755  9.3              162,421 12.1  134,804 10.0

07/05/05 CBT 5-YEAR U.S. TREASURY NOTES   U.S.        4      2,750  0.9   25,650  8.8    291,007     5,130  0.9   36,250  6.0    601,150
                                          NON U.S.   12     15,264  5.2   30,357 10.4               28,895  4.8   16,443  2.7
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                     16     18,014  6.1   56,007 19.2               34,025  5.7   52,693  8.7

07/05/05 CBT 30-DAY FEDERAL FUNDS         U.S.        4     30,311  5.6   13,605  2.5    539,070    11,355  3.8   12,660  4.2    302,541
                                          NON U.S.    7     31,019  5.8   19,970  3.7               32,985 10.9   15,282  5.1
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                     11     61,330 11.4   33,575  6.2               44,340 14.7   27,942  9.3

07/05/05 NYME CRUDE OIL, LIGHT SWEET      U.S.        4     52,950  7.6   44,985  6.4    699,465    69,258  8.2   36,929  4.4    841,681
                                          NON U.S.   10     79,718 11.4  123,918 17.7              111,501 13.2  111,119 13.2
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                     14    132,668 19.0  168,903 24.1              180,759 21.4  148,048 17.6

07/05/05 NYME CRUDE OIL AVG PRICE OPTIONS U.S.        1          0  0.0        0  0.0      8,119       300  2.7      300  2.7     11,295
                                          NON U.S.    4        870 10.7    1,500 18.5                3,300 29.2    1,410 12.5
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                      5        870 10.7    1,500 18.5                3,600 31.9    1,710 15.2

07/05/05 CMX SILVER                       U.S.        2      2,555  5.7    2,721  6.0     45,093     1,756  7.1    1,320  5.3     24,710
                                          NON U.S.    3        130  0.3    3,963  8.8                1,400  5.7    2,660 10.8
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                      5      2,685  6.0    6,684 14.8                3,156 12.8    3,980 16.1

07/05/05 CMX GOLD                         U.S.        2     17,457  9.3   17,533  9.3    187,653    14,897  9.8   11,605  7.6    151,835
                                          NON U.S.   12     16,536  8.8   16,615  8.9               24,710 16.3   20,137 13.3
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                     14     33,993 18.1   34,148 18.2               39,607 26.1   31,742 20.9

07/05/05 CME CANADIAN DOLLAR              U.S.        2      1,090  8.5    3,255 25.5     12,751     2,262 26.1      860  9.9      8,676
                                          NON U.S.    3      1,099  8.6      300  2.4                  445  5.1        0  0.0
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                      5      2,189 17.1    3,555 27.9                2,707 31.2      860  9.9

07/05/05 CME JAPANESE YEN                 U.S.        2      1,817  4.2    4,361 10.2     42,789     1,925  6.0    1,538  4.8     32,216
                                          NON U.S.    4      2,329  5.4      650  1.5                1,000  3.1       50  0.2
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                      6      4,146  9.6    5,011 11.7                2,925  9.1    1,588  5.0

07/05/05 CME EURO FX                      U.S.        2      7,096  9.4    5,063  6.7     75,392     2,358  3.9    3,121  5.1     60,602
                                          NON U.S.    5      1,748  2.3      760  1.0                2,275  3.8    3,398  5.6
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                      7      8,844 11.7    5,823  7.7                4,633  7.7    6,519 10.7

07/05/05 CME 3-MONTH EURODOLLARS          U.S.        8    397,014  4.9  692,090  8.5  8,182,611   843,989 10.2  667,282  8.1  8,274,062
                                          NON U.S.   44    416,285  5.1  520,403  6.4              713,804  8.6  395,362  4.8
                                                   ----    ------- ----  ------- ----              ------- ----  ------- ----
                                                     52    813,299 10.0  1212493 14.9            1,557,793 18.8  1062644 12.9