VIX FUTURES - CBOE FUTURES EXCHANGE                                                                           
Commitments of Traders - Futures Only, February 8, 2005                
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : ($100 X VBI)                                                               :
     :          :                                                                            :
All  :    10,445:     5,105        706        274      2,379      8,119      7,758      9,099:     2,687      1,346
Old  :    10,445:     5,105        706        274      2,379      8,119      7,758      9,099:     2,687      1,346
Other:         0:         0          0          0          0          0          0          0:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: February 1, 2005                     :
     :     1,089:       492         77        -27        120        485        585        535:       504        554
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      48.9        6.8        2.6       22.8       77.7       74.3       87.1:      25.7       12.9
Old  :     100.0:      48.9        6.8        2.6       22.8       77.7       74.3       87.1:      25.7       12.9
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        30:        18          2          3          6          7         27         11:
Old  :        30:        18          2          3          6          7         27         11:
Other:         0:         0          0          0          0          0          0          0:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 45.4       80.5       57.7       86.3       40.1       70.2       48.4       70.6
Old  :                 45.4       80.5       57.7       86.3       40.1       70.2       48.4       70.6
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0
 
 

Updated February 11, 2005