WHEAT - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:      241,758
COMMITMENTS
  31,412   71,375   37,805  134,268  100,713  203,486  209,893   38,272   31,865

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      5,652)
  -4,503   -4,924    2,174    5,119    6,156    2,790    3,406    2,861    2,246

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    13.0     29.5     15.6     55.5     41.7     84.2     86.8     15.8     13.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      249)
      79       93       75       58       58      176      194
 
 
WHEAT - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:      236,106
COMMITMENTS
  35,915   76,299   35,631  129,149   94,558  200,696  206,488   35,411   29,619

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      9,815)
    -281   10,735    1,871    5,707   -3,132    7,297    9,474    2,518      341

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    15.2     32.3     15.1     54.7     40.0     85.0     87.5     15.0     12.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      309)
     104      112       84       61       70      205      235
 
 
CORN - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:      778,220
COMMITMENTS
  64,750  190,490  111,582  451,211  278,466  627,544  580,538  150,676  197,682

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      8,397)
 -11,046   -8,900   10,138  -22,636  -25,926  -23,543  -24,687   31,940   33,085

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     8.3     24.5     14.3     58.0     35.8     80.6     74.6     19.4     25.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      518)
     119      160      132      198      169      398      387
 
 
CORN - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:      769,823
COMMITMENTS
  75,796  199,390  101,444  473,847  304,392  651,087  605,226  118,736  164,597

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     22,737)
   1,804   44,993   -1,728   20,977  -26,791   21,053   16,473    1,685    6,264

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     9.8     25.9     13.2     61.6     39.5     84.6     78.6     15.4     21.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      743)
     173      212      175      295      257      572      549
 
 
OATS - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:        9,562
COMMITMENTS
   3,267      420      481    1,471    6,048    5,219    6,949    4,343    2,613

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:        681)
     513      174       47      224      534      784      756     -103      -75

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    34.2      4.4      5.0     15.4     63.2     54.6     72.7     45.4     27.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       38)
      17        6        5       10       15       30       23
 
 
OATS - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:        8,881
COMMITMENTS
   2,753      246      434    1,248    5,513    4,435    6,193    4,446    2,688

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      1,115)
     951     -345        0     -338      666      613      321      502      795

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    31.0      2.8      4.9     14.0     62.1     49.9     69.7     50.1     30.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       39)
      21        4        7        9       14       32       23
 
 
SOYBEANS - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:      337,307
COMMITMENTS
  26,804   75,281   76,860  167,377  110,283  271,040  262,424   66,267   74,883

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     -1,970)
  -2,044   -3,671    1,941  -11,942  -11,238  -12,044  -12,967   10,074   10,997

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     7.9     22.3     22.8     49.6     32.7     80.4     77.8     19.6     22.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      338)
      89      126      117       94       99      256      276
 
 
SOYBEANS - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:      339,277
COMMITMENTS
  28,848   78,952   74,918  179,319  121,520  283,085  275,391   56,193   63,887

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     26,906)
     290   23,063    4,796   14,292   -4,594   19,378   23,265    7,527    3,641

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     8.5     23.3     22.1     52.9     35.8     83.4     81.2     16.6     18.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      453)
     108      181      143      121      130      322      371
 
 
SOYBEAN OIL - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 60,000 POUNDS)                         OPEN INTEREST:      180,483
COMMITMENTS
  16,756   50,736   29,802  110,159   76,222  156,717  156,760   23,766   23,724

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     -2,576)
   1,944   -2,234      289   -3,781      -90   -1,548   -2,035   -1,028     -541

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     9.3     28.1     16.5     61.0     42.2     86.8     86.9     13.2     13.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      159)
      31       52       36       54       47      107      124
 
 
SOYBEAN OIL - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 60,000 POUNDS)                         OPEN INTEREST:      183,059
COMMITMENTS
  14,812   52,969   29,513  113,940   76,312  158,265  158,794   24,794   24,265

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     13,639)
  -1,343   10,326    3,155    9,661   -2,090   11,474   11,392    2,165    2,247

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     8.1     28.9     16.1     62.2     41.7     86.5     86.7     13.5     13.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      159)
      29       56       36       53       46      108      124
 
 
U.S. TREASURY BONDS - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $100,000 FACE VALUE)                   OPEN INTEREST:      846,211
COMMITMENTS
 175,090  151,217   83,594  425,394  413,576  684,079  648,387  162,132  197,824

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     30,113)
  -6,371   30,622     -651    1,583  -52,556   -5,440  -22,585   35,553   52,699

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    20.7     17.9      9.9     50.3     48.9     80.8     76.6     19.2     23.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      172)
      36       42       42       66       79      129      136
 
 
U.S. TREASURY BONDS - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $100,000 FACE VALUE)                   OPEN INTEREST:      816,098
COMMITMENTS
 181,462  120,595   84,246  423,812  466,132  689,519  670,973  126,579  145,125

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     44,155)
   4,705   12,003    5,962   29,169   23,489   39,835   41,455    4,319    2,700

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    22.2     14.8     10.3     51.9     57.1     84.5     82.2     15.5     17.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      231)
      45       64       51       84      103      167      180
 
 
SOYBEAN MEAL - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TONS)                              OPEN INTEREST:      173,477
COMMITMENTS
   8,645   39,449   36,706   97,985   69,348  143,336  145,503   30,141   27,975

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     -5,054)
   1,617    1,215      -92   -7,970   -7,701   -6,444   -6,578    1,391    1,524

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     5.0     22.7     21.2     56.5     40.0     82.6     83.9     17.4     16.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      170)
      22       57       56       55       57      120      148
 
 
SOYBEAN MEAL - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TONS)                              OPEN INTEREST:      178,531
COMMITMENTS
   7,028   38,234   36,798  105,955   77,049  149,781  152,080   28,750   26,451

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     12,944)
  -6,706   13,620    2,901   17,177   -5,425   13,372   11,097     -427    1,848

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     3.9     21.4     20.6     59.3     43.2     83.9     85.2     16.1     14.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      169)
      29       49       53       58       56      122      143
 
 
ROUGH RICE - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 200,000 POUNDS)                        OPEN INTEREST:        4,818
COMMITMENTS
   1,606    1,407      353    1,239    1,484    3,198    3,244    1,621    1,574

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:        150)
     -25      -27       -8       30       86       -3       51      153       99

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    33.3     29.2      7.3     25.7     30.8     66.4     67.3     33.6     32.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       34)
      12        9        3       12        9       27       18
 
 
ROUGH RICE - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 200,000 POUNDS)                        OPEN INTEREST:        4,669
COMMITMENTS
   1,631    1,434      361    1,209    1,398    3,201    3,193    1,468    1,476

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:        121)
       4       32       51      124       70      180      154      -59      -33

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    34.9     30.7      7.7     25.9     29.9     68.6     68.4     31.4     31.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       33)
      10       10        3       12        8       25       18
 
 
2-YEAR U.S. TREASURY NOTES - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $200,000 FACE VALUE)                   OPEN INTEREST:      312,683
COMMITMENTS
  80,008   80,054    1,023  182,049  136,803  263,080  217,880   49,603   94,803

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     16,405)
     376   -8,530     -435   -3,790  -11,531   -3,849  -20,496   20,255   36,901

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    25.6     25.6      0.3     58.2     43.8     84.1     69.7     15.9     30.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      108)
      14       32        2       37       43       53       75
 
 
2-YEAR U.S. TREASURY NOTES - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $200,000 FACE VALUE)                   OPEN INTEREST:      296,278
COMMITMENTS
  79,632   88,583    1,458  185,839  148,334  266,929  238,375   29,348   57,902

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     24,067)
   6,453      932    1,084   12,531   17,710   20,068   19,726    3,999    4,340

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    26.9     29.9      0.5     62.7     50.1     90.1     80.5      9.9     19.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      175)
      26       56        4       49       70       78      127
 
 
10-YEAR U.S. TREASURY NOTES - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $100,000 FACE VALUE)                   OPEN INTEREST:    2,060,643
COMMITMENTS
 281,062  312,443  234,545  1248641  978,271  1764249  1525259  296,394  535,384

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:    -82,716)
-121,253  -32,526  -48,129  -23,950 -182,661 -193,332 -263,315  110,616  180,599

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    13.6     15.2     11.4     60.6     47.5     85.6     74.0     14.4     26.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      263)
      45       67       66      106      135      191      228
 
 
10-YEAR U.S. TREASURY NOTES - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $100,000 FACE VALUE)                   OPEN INTEREST:    2,143,359
COMMITMENTS
 402,315  344,968  282,674  1272592  1160932  1957581  1788574  185,778  354,785

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:    -22,636)
   2,792  -32,284    9,326  -29,593    9,829  -17,475  -13,130   -5,161   -9,506

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    18.8     16.1     13.2     59.4     54.2     91.3     83.4      8.7     16.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      406)
      76      110       99      149      200      275      360
 
 
5-YEAR U.S. TREASURY NOTES - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $100,000 FACE VALUE)                   OPEN INTEREST:    1,383,840
COMMITMENTS
 282,717  191,228  123,492  830,102  757,643  1236312  1072363  147,529  311,477

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:    -19,235)
 -54,548  -43,773  -10,161  -26,905 -102,620  -91,614 -156,555   72,379  137,320

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    20.4     13.8      8.9     60.0     54.7     89.3     77.5     10.7     22.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      192)
      29       53       46       76       99      135      168
 
 
5-YEAR U.S. TREASURY NOTES - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $100,000 FACE VALUE)                   OPEN INTEREST:    1,403,075
COMMITMENTS
 337,266  235,001  133,654  857,007  860,263  1327926  1228918   75,149  174,158

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     11,575)
   7,096  -14,239    2,233    7,889   29,837   17,219   17,832   -5,643   -6,256

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    24.0     16.7      9.5     61.1     61.3     94.6     87.6      5.4     12.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      319)
      61       92       64      100      147      193      271
 
 
30-DAY FEDERAL FUNDS - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(INTEREST ON $5,000,000 FED FUNDS)                   OPEN INTEREST:      584,246
COMMITMENTS
 153,789   55,855  165,466  232,793  335,480  552,048  556,800   32,198   27,446

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     78,626)
  27,999   13,928    6,184   31,663   46,923   65,847   67,036   12,780   11,591

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    26.3      9.6     28.3     39.8     57.4     94.5     95.3      5.5      4.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      122)
      36       20       31       56       57      102       99
 
 
30-DAY FEDERAL FUNDS - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(INTEREST ON $5,000,000 FED FUNDS)                   OPEN INTEREST:      505,620
COMMITMENTS
 125,790   41,926  159,282  201,130  288,556  486,202  489,765   19,418   15,855

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     27,677)
  15,466    4,120   10,598    5,000   16,407   31,064   31,126   -3,387   -3,449

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    24.9      8.3     31.5     39.8     57.1     96.2     96.9      3.8      3.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      153)
      48       28       41       64       63      127      117
 
 
DOW JONES INDUSTRIAL AVERAGE - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
($10 X DJIA INDEX)                                   OPEN INTEREST:       49,578
COMMITMENTS
  13,489    9,986      563   22,938   31,558   36,991   42,107   12,588    7,471

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      1,243)
  -1,450    1,214     -265   -2,909   -1,093   -4,625     -145    5,868    1,388

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    27.2     20.1      1.1     46.3     63.7     74.6     84.9     25.4     15.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       68)
      26       14        6       22       11       53       26
 
 
DOW JONES INDUSTRIAL AVERAGE - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
($10 X DJIA INDEX)                                   OPEN INTEREST:       48,335
COMMITMENTS
  14,939    8,772      829   25,848   32,651   41,615   42,252    6,720    6,083

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     -1,090)
  -2,296     -997       10      123     -295   -2,163   -1,281    1,073      192

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    30.9     18.1      1.7     53.5     67.6     86.1     87.4     13.9     12.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       87)
      35       17       12       29       14       71       36
 
 
DOW JONES INDUSTRIAL AVG- x $5 - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
($5 X DJIA INDEX)                                    OPEN INTEREST:       70,585
COMMITMENTS
   8,744   25,551    1,837   48,195   26,382   58,776   53,770   11,809   16,814

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      3,691)
    -422    4,292   -3,923    4,365   -4,231       20   -3,862    3,671    7,553

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    12.4     36.2      2.6     68.3     37.4     83.3     76.2     16.7     23.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       71)
      22       21       12       21       15       45       46
 
 
DOW JONES INDUSTRIAL AVG- x $5 - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
($5 X DJIA INDEX)                                    OPEN INTEREST:       66,893
COMMITMENTS
   9,166   21,259    5,759   43,830   30,613   58,756   57,632    8,138    9,261

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      4,463)
   1,515    3,318      733    3,440      434    5,688    4,485   -1,225      -22

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    13.7     31.8      8.6     65.5     45.8     87.8     86.2     12.2     13.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      101)
      29       37       21       24       20       65       66
 
 
INTEREST RATE SWAPS 10YR - 3MO - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $100,000 NOTIONAL PRINCIPA             OPEN INTEREST:       39,125
COMMITMENTS
   7,850   10,239    1,014   29,977   26,480   38,841   37,733      284    1,392

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:       -772)
   5,958      -98        0   -6,803     -759     -845     -857       73       85

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    20.1     26.2      2.6     76.6     67.7     99.3     96.4      0.7      3.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       55)
       6       21        3       17       15       26       36
 
 
INTEREST RATE SWAPS 10YR - 3MO - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $100,000 NOTIONAL PRINCIPA             OPEN INTEREST:       39,897
COMMITMENTS
   1,892   10,337    1,014   36,780   27,239   39,686   38,590      211    1,307

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      4,022)
     196    3,942        8    3,937      153    4,141    4,103     -119      -81

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.7     25.9      2.5     92.2     68.3     99.5     96.7      0.5      3.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       55)
       4       22        3       17       16       24       38
 
 
INTEREST RATE SWAPS 5YR - 3MO - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $100,000 NOTIONAL PRINCIPA             OPEN INTEREST:       14,214
COMMITMENTS
   5,718    1,587        0    8,480   12,167   14,198   13,754       16      460

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:        751)
   5,718     -160        0   -4,971      915      747      755        4       -4

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    40.2     11.2      0.0     59.7     85.6     99.9     96.8      0.1      3.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       24)
       2        6        0        7       10        9       16
 
 
INTEREST RATE SWAPS 5YR - 3MO - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $100,000 NOTIONAL PRINCIPA             OPEN INTEREST:       13,463
COMMITMENTS
       0    1,747        0   13,451   11,252   13,451   12,999       12      464

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:        197)
       0      193        0      197        0      197      193        0        4

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     0.0     13.0      0.0     99.9     83.6     99.9     96.6      0.1      3.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       24)
       0        7        0        8       10        8       17
 
 
MILK - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 200,000 POUNDS)                        OPEN INTEREST:       32,817
COMMITMENTS
   2,375    2,329    5,214   19,426   17,805   27,014   25,348    5,803    7,470

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      1,702)
    -264      127      305     -660   -1,329     -619     -896    2,321    2,599

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     7.2      7.1     15.9     59.2     54.3     82.3     77.2     17.7     22.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       57)
      16        5       15       27       25       47       41
 
 
MILK - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 200,000 POUNDS)                        OPEN INTEREST:       31,115
COMMITMENTS
   2,639    2,201    4,909   20,086   19,134   27,633   26,244    3,482    4,871

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      2,230)
     706      335      481      929    1,072    2,116    1,887      114      343

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     8.5      7.1     15.8     64.6     61.5     88.8     84.3     11.2     15.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       89)
      26        7       18       35       39       65       60
 
 
LEAN HOGS - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 40,000 POUNDS)                         OPEN INTEREST:      106,177
COMMITMENTS
  26,180    3,224   20,996   38,050   45,685   85,226   69,905   20,951   36,272

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     -3,654)
  -4,868      105    1,139      882   -4,233   -2,847   -2,990     -807     -664

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    24.7      3.0     19.8     35.8     43.0     80.3     65.8     19.7     34.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      146)
      56       26       45       32       36      125       88
 
 
LEAN HOGS - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 40,000 POUNDS)                         OPEN INTEREST:      109,831
COMMITMENTS
  31,048    3,119   19,857   37,168   49,918   88,073   72,894   21,757   36,936

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:         86)
     513     -188     -107   -1,563      385   -1,157       89    1,242       -4

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    28.3      2.8     18.1     33.8     45.4     80.2     66.4     19.8     33.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      155)
      66       22       51       31       34      136       91
 
 
FRZN PORK BELLIES - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 40,000 POUNDS)                         OPEN INTEREST:        2,071
COMMITMENTS
     439      559      126      844      438    1,409    1,123      662      948

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:        -21)
      64       80        1      -77       35      -12      116       -9     -137

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    21.2     27.0      6.1     40.8     21.1     68.0     54.2     32.0     45.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       26)
       5       13        6        7        3       18       16
 
 
FRZN PORK BELLIES - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 40,000 POUNDS)                         OPEN INTEREST:        2,092
COMMITMENTS
     375      480      124      921      403    1,420    1,007      672    1,085

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:         27)
    -137     -126      -17      136       34      -18     -109       45      136

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    17.9     22.9      5.9     44.0     19.3     67.9     48.1     32.1     51.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       25)
       4       13        6        7        3       17       16
 
 
LIVE CATTLE - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 40,000 POUNDS)                         OPEN INTEREST:      161,484
COMMITMENTS
  41,769    8,296   33,707   65,996   78,475  141,472  120,477   20,012   41,007

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     -1,100)
  -3,633      317      380    1,865     -864   -1,389     -168      289     -931

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    25.9      5.1     20.9     40.9     48.6     87.6     74.6     12.4     25.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      215)
      58       32       47       78      107      160      169
 
 
LIVE CATTLE - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 40,000 POUNDS)                         OPEN INTEREST:      162,583
COMMITMENTS
  45,402    7,979   33,327   64,131   79,339  142,861  120,645   19,723   41,938

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:         47)
   1,602      178    1,513   -2,845   -1,883      270     -192     -223      239

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    27.9      4.9     20.5     39.4     48.8     87.9     74.2     12.1     25.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      214)
      62       28       49       68      106      154      167
 
 
RANDOM LENGTH LUMBER - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 110,000 BOARD FEET)                    OPEN INTEREST:        4,290
COMMITMENTS
   1,541      230      235      504    2,510    2,280    2,975    2,011    1,315

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:        469)
     249     -414       75       23      554      347      215      122      253

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    35.9      5.4      5.5     11.7     58.5     53.1     69.4     46.9     30.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       51)
      21        6        7       12       23       37       32
 
 
RANDOM LENGTH LUMBER - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 110,000 BOARD FEET)                    OPEN INTEREST:        3,822
COMMITMENTS
   1,292      644      160      481    1,956    1,933    2,760    1,889    1,062

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:       -141)
    -137       34      -43      -92      -11     -271      -19      130     -121

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    33.8     16.8      4.2     12.6     51.2     50.6     72.2     49.4     27.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       45)
      19        5        6       12       20       33       29
 
 
FEEDER CATTLE - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 50,000 POUNDS)                         OPEN INTEREST:       23,899
COMMITMENTS
   6,552      962    5,126    7,828    5,325   19,506   11,413    4,393   12,486

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      1,362)
     432      419      345      681      187    1,458      951      -96      411

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    27.4      4.0     21.5     32.8     22.3     81.6     47.8     18.4     52.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      121)
      38       14       29       49       50      101       83
 
 
FEEDER CATTLE - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 50,000 POUNDS)                         OPEN INTEREST:       22,537
COMMITMENTS
   6,121      542    4,782    7,146    5,139   18,049   10,463    4,489   12,075

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:        961)
     575     -188      507      -69      222    1,013      541      -52      421

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    27.2      2.4     21.2     31.7     22.8     80.1     46.4     19.9     53.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      118)
      36       14       27       43       49       94       79
 
 
CANADIAN DOLLAR - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 100,000 CANADIAN DOLLARS)              OPEN INTEREST:       87,407
COMMITMENTS
  17,566   15,243    1,783   35,812   50,035   55,161   67,061   32,246   20,346

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      1,356)
  -2,601      483      -77    3,987   -1,918    1,309   -1,512       47    2,868

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    20.1     17.4      2.0     41.0     57.2     63.1     76.7     36.9     23.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       62)
      22       11        6       21       19       44       35
 
 
CANADIAN DOLLAR - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 100,000 CANADIAN DOLLARS)              OPEN INTEREST:       86,051
COMMITMENTS
  20,166   14,760    1,860   31,825   51,953   53,852   68,573   32,199   17,478

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      7,998)
     241    4,902      524    7,004    2,114    7,770    7,540      228      458

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    23.4     17.2      2.2     37.0     60.4     62.6     79.7     37.4     20.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       62)
      19       13        7       23       19       44       37
 
 
SWISS FRANC - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 125,000 SWISS FRANCS)                  OPEN INTEREST:       52,503
COMMITMENTS
   8,109   13,224      459   29,808   22,892   38,376   36,575   14,127   15,928

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:       -533)
  -3,069      907      191    2,502   -4,384     -376   -3,286     -158    2,753

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    15.4     25.2      0.9     56.8     43.6     73.1     69.7     26.9     30.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       34)
      11        8        4       13        6       24       18
 
 
SWISS FRANC - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 125,000 SWISS FRANCS)                  OPEN INTEREST:       53,036
COMMITMENTS
  11,178   12,317      268   27,306   27,276   38,752   39,861   14,285   13,175

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     -1,364)
    -761      494      155    1,493   -2,378      887   -1,729   -2,251      365

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    21.1     23.2      0.5     51.5     51.4     73.1     75.2     26.9     24.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       33)
      13        5        4       13        6       26       15
 
 
MEXICAN PESO - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 500,000 MEXICAN PESOS)                 OPEN INTEREST:       69,348
COMMITMENTS
  42,968    8,235      823   18,120   56,138   61,911   65,196    7,437    4,152

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     -3,336)
  -4,934    2,957      301    3,654   -5,697     -978   -2,439   -2,357     -897

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    62.0     11.9      1.2     26.1     81.0     89.3     94.0     10.7      6.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       83)
      40       13        3       17       17       60       30
 
 
MEXICAN PESO - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 500,000 MEXICAN PESOS)                 OPEN INTEREST:       72,683
COMMITMENTS
  47,902    5,279      522   14,466   61,835   62,889   67,635    9,794    5,048

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      3,256)
   9,369   -1,277     -188   -2,921    7,350    6,260    5,885   -3,004   -2,629

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    65.9      7.3      0.7     19.9     85.1     86.5     93.1     13.5      6.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       88)
      48        9        1       16       19       65       28
 
 
BRITISH POUND STERLING - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 62,500 POUNDS STERLING)                OPEN INTEREST:       66,306
COMMITMENTS
  18,616    2,570      553   23,465   45,528   42,634   48,650   23,673   17,656

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:       -604)
  -2,140      333      -46    1,902   -1,974     -284   -1,687     -320    1,084

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    28.1      3.9      0.8     35.4     68.7     64.3     73.4     35.7     26.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       41)
      15        6        4       13       12       31       19
 
 
BRITISH POUND STERLING - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 62,500 POUNDS STERLING)                OPEN INTEREST:       66,910
COMMITMENTS
  20,756    2,237      599   21,563   47,502   42,917   50,338   23,993   16,573

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     -1,588)
  -1,984      873      336     -653   -4,164   -2,301   -2,955      713    1,366

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    31.0      3.3      0.9     32.2     71.0     64.1     75.2     35.9     24.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       43)
      20        5        4       11       12       33       19
 
 
JAPANESE YEN - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 12,500,000 JAPANESE YEN)               OPEN INTEREST:      186,821
COMMITMENTS
  33,928   32,835    1,980  110,922  131,007  146,830  165,823   39,990   20,998

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     -8,925)
  -5,877    1,065     -406    2,372   -8,728   -3,910   -8,069   -5,015     -857

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    18.2     17.6      1.1     59.4     70.1     78.6     88.8     21.4     11.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       72)
      29       13        5       22       21       53       37
 
 
JAPANESE YEN - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 12,500,000 JAPANESE YEN)               OPEN INTEREST:      195,746
COMMITMENTS
  39,804   31,770    2,386  108,550  139,736  150,741  173,892   45,005   21,854

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      9,360)
   4,881   20,345     -211   -3,961  -10,478      709    9,656    8,651     -296

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    20.3     16.2      1.2     55.5     71.4     77.0     88.8     23.0     11.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       70)
      27       14        4       22       21       52       36
 
 
EURO FX - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 125,000 EUROS)                         OPEN INTEREST:      170,306
COMMITMENTS
  26,048   20,413   22,060   63,001   74,551  111,108  117,024   59,197   53,282

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      2,366)
  -2,791    5,654      178   12,133      566    9,520    6,398   -7,154   -4,032

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    15.3     12.0     13.0     37.0     43.8     65.2     68.7     34.8     31.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       98)
      31       29       27       34       24       77       68
 
 
EURO FX - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 125,000 EUROS)                         OPEN INTEREST:      167,940
COMMITMENTS
  28,839   14,759   21,882   50,868   73,986  101,589  110,626   66,351   57,314

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     -7,313)
  -4,480      623    4,136    6,077   -4,660    5,733       99  -13,047   -7,412

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    17.2      8.8     13.0     30.3     44.1     60.5     65.9     39.5     34.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       89)
      32       23       25       31       23       72       62
 
 
1-MONTH LIBOR RATE - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $3,000,000 FACE VALUE)                 OPEN INTEREST:       34,546
COMMITMENTS
   8,261        0      100   22,853   28,611   31,214   28,711    3,332    5,835

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:    -15,921)
  -1,867     -700        0   -6,418  -16,812   -8,285  -17,512   -7,636    1,591

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    23.9      0.0      0.3     66.2     82.8     90.4     83.1      9.6     16.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       25)
       3        0        1       11       20       14       21
 
 
1-MONTH LIBOR RATE - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $3,000,000 FACE VALUE)                 OPEN INTEREST:       50,467
COMMITMENTS
  10,128      700      100   29,271   45,423   39,499   46,223   10,968    4,244

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      3,473)
     -82        0        0   -4,566    3,556   -4,648    3,556    8,121      -83

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    20.1      1.4      0.2     58.0     90.0     78.3     91.6     21.7      8.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       35)
       3        1        1       17       26       20       28
 
 
3-MONTH EURODOLLARS - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $1,000,000 FACE VALUE)                 OPEN INTEREST:   10,814,385
COMMITMENTS
 642,900  709,407  2907574  6371008  5747710  9921482  9364692  892,902  1449693

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:    336,622)
  63,681 -243,136   13,001 -134,974  -72,259  -58,291 -302,394  394,913  639,016

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     5.9      6.6     26.9     58.9     53.1     91.7     86.6      8.3     13.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      250)
      55       57       88      127      136      225      239
 
 
3-MONTH EURODOLLARS - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $1,000,000 FACE VALUE)                 OPEN INTEREST:   10,477,763
COMMITMENTS
 579,218  952,544  2894573  6505982  5819968  9979773  9667085  497,989  810,677

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:    -97,224)
  35,351  -20,721 -162,411   54,489   78,255  -72,571 -104,877  -24,653    7,653

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     5.5      9.1     27.6     62.1     55.5     95.2     92.3      4.8      7.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      420)
      88      107      149      186      204      350      395
 
 
S&P 500 STOCK INDEX - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(S&P 500 INDEX X $250.00)                            OPEN INTEREST:      722,565
COMMITMENTS
  72,611   77,364   30,261  467,832  506,722  570,703  614,347  151,861  108,217

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     -6,244)
   2,635   20,379   -6,677   -2,614  -18,055   -6,656   -4,354      411   -1,891

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    10.0     10.7      4.2     64.7     70.1     79.0     85.0     21.0     15.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      198)
      49       33       46       97       71      173      123
 
 
S&P 500 STOCK INDEX - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(S&P 500 INDEX X $250.00)                            OPEN INTEREST:      728,809
COMMITMENTS
  69,976   56,986   36,938  470,446  524,777  577,359  618,701  151,450  110,108

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     -8,878)
   5,552   -1,871    1,527      388    1,651    7,467    1,306  -16,345  -10,185

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     9.6      7.8      5.1     64.5     72.0     79.2     84.9     20.8     15.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      205)
      48       38       52       98       73      178      131
 
 
E-MINI S&P 500 STOCK INDEX - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
($50 X S&P 500 INDEX)                                OPEN INTEREST:      865,065
COMMITMENTS
 172,041  115,219   13,969  357,547  636,833  543,558  766,021  321,508   99,045

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:        868)
 -17,117  -11,601   -1,275   -5,414   -7,155  -23,806  -20,031   24,674   20,899

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    19.9     13.3      1.6     41.3     73.6     62.8     88.6     37.2     11.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      151)
      35       37       19       51       55      100       97
 
 
E-MINI S&P 500 STOCK INDEX - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
($50 X S&P 500 INDEX)                                OPEN INTEREST:      864,197
COMMITMENTS
 189,158  126,819   15,244  362,962  643,988  567,363  786,051  296,834   78,146

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     23,106)
 -19,839   11,053     -923   27,139    9,599    6,377   19,729   16,728    3,376

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    21.9     14.7      1.8     42.0     74.5     65.7     91.0     34.3      9.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      287)
      94       83       33       73       73      186      170
 
 
S&P 400 MIDCAP STOCK INDEX - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(S&P 400 INDEX X $500)                               OPEN INTEREST:       13,021
COMMITMENTS
   1,390        0        0    6,410   11,629    7,800   11,629    5,221    1,392

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:         64)
    -665        0        0   -1,735     -482   -2,400     -482    2,464      546

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    10.7      0.0      0.0     49.2     89.3     59.9     89.3     40.1     10.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       28)
       2        0        0       13       13       15       13
 
 
S&P 400 MIDCAP STOCK INDEX - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(S&P 400 INDEX X $500)                               OPEN INTEREST:       12,957
COMMITMENTS
   2,055        0        0    8,145   12,111   10,200   12,111    2,757      846

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:       -114)
     128        0        0     -268       88     -140       88       26     -202

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    15.9      0.0      0.0     62.9     93.5     78.7     93.5     21.3      6.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       48)
       8        0        0       23       18       31       18
 
 
E-MINI S&P 400 STOCK INDEX - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(S&P 400 INDEX X $100)                               OPEN INTEREST:       26,760
COMMITMENTS
     625    5,242      100   22,989   16,118   23,714   21,460    3,046    5,300

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      1,494)
  -1,117      889     -242    2,408   -1,532    1,049     -885      445    2,379

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     2.3     19.6      0.4     85.9     60.2     88.6     80.2     11.4     19.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       35)
       1        6        1       19       16       21       22
 
 
E-MINI S&P 400 STOCK INDEX - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(S&P 400 INDEX X $100)                               OPEN INTEREST:       25,266
COMMITMENTS
   1,742    4,353      342   20,581   17,650   22,665   22,345    2,601    2,921

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:       -514)
     661      594      -20   -1,491     -463     -850      111      336     -625

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     6.9     17.2      1.4     81.5     69.9     89.7     88.4     10.3     11.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       51)
       4        7        2       24       22       29       30
 
 
NASDAQ-100 STOCK INDEX - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(NASDAQ 100 INDEX X $100)                            OPEN INTEREST:       76,753
COMMITMENTS
   6,908   15,291      347   32,132   49,395   39,387   65,034   37,366   11,719

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      1,923)
  -1,332      647      -35   -1,627   -1,727   -2,994   -1,115    4,917    3,038

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     9.0     19.9      0.5     41.9     64.4     51.3     84.7     48.7     15.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       87)
      15       22        5       36       27       54       51
 
 
NASDAQ-100 STOCK INDEX - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(NASDAQ 100 INDEX X $100)                            OPEN INTEREST:       74,830
COMMITMENTS
   8,240   14,644      382   33,759   51,123   42,381   66,148   32,449    8,681

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      2,469)
  -4,580      356      171    1,643    1,818   -2,765    2,346    5,234      123

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    11.0     19.6      0.5     45.1     68.3     56.6     88.4     43.4     11.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      140)
      27       38        5       53       38       83       78
 
 
NASDAQ-100 STOCK INDEX (MINI) - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
( NASDAQ 100 STOCK INDEX X $20)                      OPEN INTEREST:      353,563
COMMITMENTS
 117,111   78,564    3,401  193,153  140,961  313,666  222,927   39,898  130,637

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      9,923)
  -4,428   13,461   -1,673   10,088  -10,762    3,987    1,026    5,936    8,897

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    33.1     22.2      1.0     54.6     39.9     88.7     63.1     11.3     36.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      204)
      79       56       15       46       38      130      104
 
 
NASDAQ-100 STOCK INDEX (MINI) - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
( NASDAQ 100 STOCK INDEX X $20)                      OPEN INTEREST:      343,640
COMMITMENTS
 121,539   65,104    5,074  183,065  151,723  309,678  221,901   33,962  121,739

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     16,348)
    -660   -1,004      125   20,222   11,781   19,688   10,903   -3,339    5,446

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    35.4     18.9      1.5     53.3     44.2     90.1     64.6      9.9     35.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      234)
      89       64       16       52       43      146      118
 
 
AUSTRALIAN DOLLAR - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 100,000 AUSTRALIAN DOLLARS             OPEN INTEREST:       73,361
COMMITMENTS
  31,905    1,074      210   17,230   59,894   49,345   61,178   24,016   12,183

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      6,931)
   4,156      540      -47    1,618    5,360    5,726    5,852    1,205    1,079

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    43.5      1.5      0.3     23.5     81.6     67.3     83.4     32.7     16.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       40)
      16        3        1       12       16       29       19
 
 
AUSTRALIAN DOLLAR - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 100,000 AUSTRALIAN DOLLARS             OPEN INTEREST:       66,429
COMMITMENTS
  27,749      534      257   15,612   54,534   43,618   55,326   22,811   11,104

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      2,425)
   1,255      -51       -4      727    1,385    1,979    1,331      446    1,094

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    41.8      0.8      0.4     23.5     82.1     65.7     83.3     34.3     16.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       37)
      17        2        1       10       14       28       16
 
 
RUSSEL 2000 STOCK INDEX FUTURE - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(RUSSEL 2000 INDEX X $500)                           OPEN INTEREST:       23,780
COMMITMENTS
   1,038    8,557        0   15,907   10,449   16,945   19,007    6,835    4,773

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      1,157)
  -1,001      387     -106     -577     -840   -1,684     -559    2,841    1,716

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.4     36.0      0.0     66.9     43.9     71.3     79.9     28.7     20.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       52)
       3       12        0       26       18       29       30
 
 
RUSSEL 2000 STOCK INDEX FUTURE - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(RUSSEL 2000 INDEX X $500)                           OPEN INTEREST:       22,623
COMMITMENTS
   2,039    8,170      106   16,485   11,289   18,630   19,565    3,993    3,058

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:        954)
     -41      758       11      841      -11      811      758      143      196

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     9.0     36.1      0.5     72.9     49.9     82.3     86.5     17.7     13.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       85)
       9       20        3       41       23       52       44
 
 
RUSSEL 2000 STOCK INDEX (MINI) - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(RUSSEL 2000 INDEX X $100)                           OPEN INTEREST:      159,560
COMMITMENTS
  30,381   23,330    1,053  115,635  118,839  147,069  143,222   12,491   16,338

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     17,038)
   7,644    5,836     -100   12,379   10,337   19,923   16,073   -2,885      965

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    19.0     14.6      0.7     72.5     74.5     92.2     89.8      7.8     10.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       92)
      13       26        4       29       37       45       64
 
 
RUSSEL 2000 STOCK INDEX (MINI) - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(RUSSEL 2000 INDEX X $100)                           OPEN INTEREST:      142,522
COMMITMENTS
  22,737   17,494    1,153  103,256  108,502  127,146  127,149   15,376   15,373

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      7,515)
   1,998       36      -31   -1,570    4,790      397    4,795    7,118    2,720

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    16.0     12.3      0.8     72.4     76.1     89.2     89.2     10.8     10.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      112)
      21       31        5       38       37       62       70
 
 
NIKKEI STOCK AVERAGE - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(NIKKEI INDEX X $5.00)                               OPEN INTEREST:       34,186
COMMITMENTS
   8,548    5,790    1,032   11,295   21,244   20,875   28,066   13,311    6,120

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:        658)
  -3,957     -862       42       21    1,370   -3,894      550    4,552      108

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    25.0     16.9      3.0     33.0     62.1     61.1     82.1     38.9     17.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       66)
      17       14        4       18       21       38       38
 
 
NIKKEI STOCK AVERAGE - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(NIKKEI INDEX X $5.00)                               OPEN INTEREST:       33,528
COMMITMENTS
  12,505    6,652      990   11,274   19,874   24,769   27,516    8,759    6,012

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      1,264)
     372     -547        8    1,155      907    1,535      368     -271      896

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    37.3     19.8      3.0     33.6     59.3     73.9     82.1     26.1     17.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      108)
      40       19        4       26       25       69       47
 
 
3-MO. EUROYEN TIBOR - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF Y100,000,000 FACE VALUE)               OPEN INTEREST:      122,272
COMMITMENTS
     351    6,551    2,732   57,500   77,641   60,583   86,924   61,689   35,348

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     -4,196)
      52      667        0   -3,470   -5,597   -3,418   -4,930     -778      734

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     0.3      5.4      2.2     47.0     63.5     49.5     71.1     50.5     28.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       44)
       3       15        3       16       22       21       39
 
 
3-MO. EUROYEN TIBOR - CHICAGO MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF Y100,000,000 FACE VALUE)               OPEN INTEREST:      126,468
COMMITMENTS
     299    5,884    2,732   60,970   83,238   64,001   91,854   62,467   34,614

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     10,661)
      72     -502     -150    4,616    5,166    4,538    4,514    6,123    6,147

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     0.2      4.7      2.2     48.2     65.8     50.6     72.6     49.4     27.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       44)
       3       12        3       16       24       21       38
 
 
SILVER - COMMODITY EXCHANGE INC.
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 TROY OUNCES)                     OPEN INTEREST:      121,984
COMMITMENTS
  40,835   10,196   21,344   23,572   78,636   85,751  110,176   36,233   11,807

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     -1,285)
  -1,364    1,009      185   -1,518   -2,900   -2,697   -1,707    1,412      422

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    33.5      8.4     17.5     19.3     64.5     70.3     90.3     29.7      9.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      171)
      98       26       49       26       41      140      102
 
 
SILVER - COMMODITY EXCHANGE INC.
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 TROY OUNCES)                     OPEN INTEREST:      123,268
COMMITMENTS
  42,199    9,187   21,160   25,089   81,537   88,448  111,883   34,821   11,385

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      3,017)
      97      565    1,554    1,795    1,156    3,446    3,274     -429     -258

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    34.2      7.5     17.2     20.4     66.1     71.8     90.8     28.2      9.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      174)
     109       18       50       27       38      146       98
 
 
COPPER-GRADE #1 - COMMODITY EXCHANGE INC.
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 25,000 POUNDS)                         OPEN INTEREST:       91,878
COMMITMENTS
  27,671    6,043   16,197   33,472   61,453   77,340   83,693   14,538    8,185

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      6,436)
   4,017    1,395    2,393     -827    2,241    5,583    6,029      853      407

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    30.1      6.6     17.6     36.4     66.9     84.2     91.1     15.8      8.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      148)
      61       36       37       36       38      117       96
 
 
COPPER-GRADE #1 - COMMODITY EXCHANGE INC.
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 25,000 POUNDS)                         OPEN INTEREST:       85,442
COMMITMENTS
  23,654    4,648   13,804   34,299   59,212   71,756   77,664   13,685    7,778

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:       -148)
     231      656       46     -707   -1,657     -431     -955      282      807

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    27.7      5.4     16.2     40.1     69.3     84.0     90.9     16.0      9.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      140)
      58       31       33       37       41      111       92
 
 
GOLD - COMMODITY EXCHANGE INC.
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TROY OUNCES)                       OPEN INTEREST:      390,696
COMMITMENTS
 108,245   42,434   96,274  117,157  217,872  321,676  356,579   69,020   34,118

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     -3,806)
    -596   -1,405   -1,699   -7,538   -8,901   -9,833  -12,005    6,027    8,199

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    27.7     10.9     24.6     30.0     55.8     82.3     91.3     17.7      8.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      233)
     128       48       79       36       37      199      141
 
 
GOLD - COMMODITY EXCHANGE INC.
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TROY OUNCES)                       OPEN INTEREST:      394,503
COMMITMENTS
 108,842   43,838   97,972  124,695  226,773  331,509  368,584   62,993   25,919

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     -1,663)
  -1,615    4,549      -57   -2,369   -8,344   -4,041   -3,851    2,378    2,188

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    27.6     11.1     24.8     31.6     57.5     84.0     93.4     16.0      6.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      239)
     133       49       75       41       39      205      139
 
 
VIX FUTURES - CBOE FUTURES EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
($100 X VBI)                                         OPEN INTEREST:        9,034
COMMITMENTS
   4,617      632      290    2,370    7,594    7,277    8,516    1,757      518

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     -1,372)
    -107     -637       42   -1,043     -773   -1,108   -1,368     -264       -4

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    51.1      7.0      3.2     26.2     84.1     80.6     94.3     19.4      5.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       24)
      13        4        4        5        6       22       11
 
 
VIX FUTURES - CBOE FUTURES EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
($100 X VBI)                                         OPEN INTEREST:       10,406
COMMITMENTS
   4,724    1,269      248    3,413    8,367    8,385    9,884    2,021      522

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:        482)
     -89     -145        3    1,138    1,258    1,052    1,116     -570     -634

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    45.4     12.2      2.4     32.8     80.4     80.6     95.0     19.4      5.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       27)
      15        5        3        4        6       21       13
 
 
WHEAT - KANSAS CITY BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       72,622
COMMITMENTS
   8,483   18,532    7,249   40,807   29,084   56,539   54,865   16,083   17,757

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     -2,540)
  -2,629      194     -671   -1,208   -3,878   -4,508   -4,355    1,968    1,815

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    11.7     25.5     10.0     56.2     40.0     77.9     75.5     22.1     24.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      115)
      22       31       22       49       43       81       88
 
 
WHEAT - KANSAS CITY BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       75,162
COMMITMENTS
  11,112   18,338    7,920   42,014   32,962   61,047   59,220   14,115   15,942

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      2,182)
   1,437      586    1,312   -1,931   -1,111      818      787    1,364    1,395

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    14.8     24.4     10.5     55.9     43.9     81.2     78.8     18.8     21.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      153)
      32       34       24       65       58      108      108
 
 
WHEAT - MINNEAPOLIS GRAIN EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       42,790
COMMITMENTS
     631    9,505    2,294   28,011   21,499   30,936   33,298   11,854    9,492

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      4,488)
     365   -1,076       60    1,138    4,081    1,563    3,066    2,925    1,422

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     1.5     22.2      5.4     65.5     50.2     72.3     77.8     27.7     22.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       53)
       5       17        7       27       24       35       45
 
 
WHEAT - MINNEAPOLIS GRAIN EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       38,302
COMMITMENTS
     266   10,581    2,234   26,872   17,418   29,373   30,233    8,929    8,069

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      1,270)
     162     -100      146      403      387      711      433      559      837

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     0.7     27.6      5.8     70.2     45.5     76.7     78.9     23.3     21.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       70)
       6       22       10       35       27       46       55
 
 
COTTON NO. 2 - NEW YORK BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 50,000 POUNDS)                         OPEN INTEREST:      137,839
COMMITMENTS
  30,943    8,718   34,081   51,905   84,096  116,929  126,895   20,909   10,944

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      5,842)
   1,813   -5,831    1,448   -2,593    6,386      667    2,004    5,175    3,838

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    22.4      6.3     24.7     37.7     61.0     84.8     92.1     15.2      7.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      252)
     120       42       83       68       65      216      169
 
 
COTTON NO. 2 - NEW YORK BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 50,000 POUNDS)                         OPEN INTEREST:      131,996
COMMITMENTS
  29,130   14,548   32,633   54,498   77,710  116,262  124,891   15,734    7,105

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      3,261)
     930   -1,718      328    1,525    4,743    2,784    3,354      477      -93

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    22.1     11.0     24.7     41.3     58.9     88.1     94.6     11.9      5.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      355)
     163       72       96       88       84      291      220
 
 
FRZN CONCENTRATED ORANGE JUICE - NEW YORK BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 15,000 POUNDS)                         OPEN INTEREST:       63,052
COMMITMENTS
   7,619    2,082   22,563   27,469   36,738   57,651   61,383    5,401    1,669

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:       -300)
  -1,044     -141    1,032       74   -1,507       63     -616     -362      316

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    12.1      3.3     35.8     43.6     58.3     91.4     97.4      8.6      2.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      118)
      47       27       33       36       25      105       66
 
 
FRZN CONCENTRATED ORANGE JUICE - NEW YORK BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 15,000 POUNDS)                         OPEN INTEREST:       63,352
COMMITMENTS
   8,663    2,223   21,531   27,395   38,245   57,588   61,999    5,764    1,353

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      1,458)
  -1,406     -734    1,512    1,490    1,036    1,597    1,815     -139     -357

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    13.7      3.5     34.0     43.2     60.4     90.9     97.9      9.1      2.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      126)
      56       25       38       38       25      113       72
 
 
COCOA - NEW YORK BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 10 METRIC TONS)                        OPEN INTEREST:      128,801
COMMITMENTS
  15,728   13,187   11,108   93,699  102,356  120,535  126,651    8,266    2,150

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:       -210)
     686      882    1,041   -1,819   -1,889      -92       35     -118     -245

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    12.2     10.2      8.6     72.7     79.5     93.6     98.3      6.4      1.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      146)
      53       36       40       48       39      117      104
 
 
COCOA - NEW YORK BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 10 METRIC TONS)                        OPEN INTEREST:      129,012
COMMITMENTS
  15,042   12,304   10,067   95,518  104,245  120,627  126,617    8,385    2,395

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:        455)
   1,405      318    1,477   -3,317   -1,592     -435      203      890      252

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    11.7      9.5      7.8     74.0     80.8     93.5     98.1      6.5      1.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      141)
      50       36       39       48       37      117       97
 
 
SUGAR NO. 11 - NEW YORK BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 112,000 POUNDS)                        OPEN INTEREST:      535,978
COMMITMENTS
  97,849   23,454  114,727  227,513  346,320  440,089  484,501   95,889   51,477

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     21,426)
  -2,367     -343      -26    4,276   10,628    1,882   10,258   19,544   11,168

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    18.3      4.4     21.4     42.4     64.6     82.1     90.4     17.9      9.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      152)
      58       28       53       57       49      144      104
 
 
SUGAR NO. 11 - NEW YORK BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 112,000 POUNDS)                        OPEN INTEREST:      514,552
COMMITMENTS
 100,216   23,797  114,754  223,237  335,692  438,207  474,243   76,345   40,309

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     -1,555)
  -1,268   -3,604   -2,544     -644    4,943   -4,456   -1,205    2,900     -351

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    19.5      4.6     22.3     43.4     65.2     85.2     92.2     14.8      7.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      169)
      69       25       59       64       55      158      117
 
 
COFFEE C - NEW YORK BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 37,500 POUNDS)                         OPEN INTEREST:      144,680
COMMITMENTS
  43,249   10,002   40,348   47,998   88,016  131,595  138,366   13,085    6,314

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      3,485)
     722      551      660    1,269    2,056    2,652    3,268      833      217

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    29.9      6.9     27.9     33.2     60.8     91.0     95.6      9.0      4.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      386)
     173       68      124      102      121      321      279
 
 
COFFEE C - NEW YORK BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 37,500 POUNDS)                         OPEN INTEREST:      141,195
COMMITMENTS
  42,526    9,451   39,688   46,728   85,959  128,943  135,098   12,252    6,097

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      1,414)
   2,249    1,223      464   -1,614     -592    1,099    1,094      315      320

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    30.1      6.7     28.1     33.1     60.9     91.3     95.7      8.7      4.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      378)
     170       66      115      102      119      318      266
 
 
U.S. DOLLAR INDEX - NEW YORK BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(U.S. DOLLAR INDEX X $1000)                          OPEN INTEREST:       21,218
COMMITMENTS
   4,566   10,043    3,620    9,421    5,511   17,607   19,174    3,611    2,044

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      1,799)
     678     -189      215      102    2,044      995    2,071      803     -272

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    21.5     47.3     17.1     44.4     26.0     83.0     90.4     17.0      9.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       54)
      13       28       11        8        8       29       40
 
 
U.S. DOLLAR INDEX - NEW YORK BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(U.S. DOLLAR INDEX X $1000)                          OPEN INTEREST:       19,419
COMMITMENTS
   3,888   10,232    3,404    9,319    3,467   16,611   17,103    2,808    2,316

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:       -725)
    -636      179      -95     -198     -563     -929     -479      204     -246

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    20.0     52.7     17.5     48.0     17.9     85.5     88.1     14.5     11.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       47)
       3       31       10        6       10       17       44
 
 
NO. 2 HEATING OIL, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 42,000 U.S. GALLONS)                   OPEN INTEREST:      214,270
COMMITMENTS
  17,912   22,633   42,089  125,017  119,762  185,018  184,484   29,252   29,787

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     13,986)
   5,662   -1,913    3,468    5,106   12,463   14,236   14,018     -250      -32

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     8.4     10.6     19.6     58.3     55.9     86.3     86.1     13.7     13.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      133)
      27       27       38       62       74      114      116
 
 
NO. 2 HEATING OIL, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 42,000 U.S. GALLONS)                   OPEN INTEREST:      200,284
COMMITMENTS
  12,250   24,546   38,621  119,911  107,299  170,782  170,465   29,502   29,819

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      6,535)
   1,936       38    1,265    2,456    2,289    5,657    3,592      878    2,943

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     6.1     12.3     19.3     59.9     53.6     85.3     85.1     14.7     14.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      134)
      27       31       39       59       71      110      118
 
 
NATURAL GAS - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(10,000 MMBTU'S)                                     OPEN INTEREST:      691,202
COMMITMENTS
  26,295   59,900  268,282  326,547  326,857  621,124  655,039   70,078   36,163

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:    -13,983)
  -1,174   -7,749   -3,216  -17,119   -7,400  -21,509  -18,365    7,526    4,382

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     3.8      8.7     38.8     47.2     47.3     89.9     94.8     10.1      5.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      213)
      51       57       85       99       88      190      195
 
 
NATURAL GAS - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(10,000 MMBTU'S)                                     OPEN INTEREST:      705,184
COMMITMENTS
  27,468   67,649  271,498  343,666  334,256  642,632  673,404   62,552   31,781

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     10,385)
   2,053       76    4,545    6,495    7,985   13,093   12,606   -2,708   -2,221

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     3.9      9.6     38.5     48.7     47.4     91.1     95.5      8.9      4.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      231)
      49       68       89      106       95      204      209
 
 
M-3 BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       70,114
COMMITMENTS
   3,443    4,088    2,741   58,607   60,935   64,791   67,764    5,323    2,350

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:        844)
     428     -620      620   -1,088     -288      -40     -288      884    1,132

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.9      5.8      3.9     83.6     86.9     92.4     96.6      7.6      3.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       33)
       1        1        2       28       23       30       25
 
 
M-3 BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       69,270
COMMITMENTS
   3,015    4,708    2,121   59,695   61,223   64,831   68,052    4,439    1,218

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      1,063)
       0   -1,712        0      711    3,631      711    1,919      352     -856

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.4      6.8      3.1     86.2     88.4     93.6     98.2      6.4      1.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       36)
       1        1        1       30       25       31       27
 
 
TCO BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       44,953
COMMITMENTS
   1,906    2,464    1,604   38,078   35,508   41,588   39,576    3,365    5,377

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:       -100)
  -3,360        0    1,176      958   -1,472   -1,226     -296    1,126      196

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.2      5.5      3.6     84.7     79.0     92.5     88.0      7.5     12.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       1        2        2       15       14       17       17
 
 
TCO BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       45,053
COMMITMENTS
   5,266    2,464      428   37,120   36,980   42,814   39,872    2,239    5,181

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:        302)
       0        0        0      302      302      302      302        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    11.7      5.5      0.9     82.4     82.1     95.0     88.5      5.0     11.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       22)
       1        2        1       15       13       17       15
 
 
PG&E CITYGATE BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       37,154
COMMITMENTS
   2,563    3,203    2,022   27,731   29,529   32,316   34,754    4,838    2,400

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      2,547)
  -1,218     -432      361    1,978    1,645    1,121    1,574    1,426      973

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     6.9      8.6      5.4     74.6     79.5     87.0     93.5     13.0      6.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       25)
       2        2        3       21       17       24       21
 
 
PG&E CITYGATE BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       34,607
COMMITMENTS
   3,781    3,635    1,661   25,753   27,884   31,195   33,180    3,412    1,427

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      3,002)
     517    1,336      617    2,050    1,162    3,184    3,115     -182     -113

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    10.9     10.5      4.8     74.4     80.6     90.1     95.9      9.9      4.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       26)
       2        2        3       21       18       24       22
 
 
SUMAS BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       60,427
COMMITMENTS
   5,320      545    1,812   49,611   47,816   56,743   50,173    3,684   10,254

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      1,348)
     532       56      134     -575   -1,725       91   -1,535    1,257    2,883

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     8.8      0.9      3.0     82.1     79.1     93.9     83.0      6.1     17.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       25)
       1        1        2       21       17       23       19
 
 
SUMAS BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       59,079
COMMITMENTS
   4,788      489    1,678   50,186   49,541   56,652   51,708    2,427    7,371

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      1,733)
     -58      205      360    1,878    1,503    2,180    2,068     -447     -335

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     8.1      0.8      2.8     84.9     83.9     95.9     87.5      4.1     12.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       27)
       1        1        2       23       17       25       19
 
 
WAHA BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       26,739
COMMITMENTS
   1,872      394    1,156   17,023   20,361   20,051   21,911    6,688    4,828

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:      1,623)
     285     -174      -43    1,734    1,502    1,976    1,285     -353      338

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     7.0      1.5      4.3     63.7     76.1     75.0     81.9     25.0     18.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       21)
       1        1        2       13       14       15       16
 
 
HENRY HUB BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       29,571
COMMITMENTS
   3,108    2,124        0   25,569   22,755   28,677   24,879      894    4,692

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:          .)
       .        .        .        .        .        .        .        .        .

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    10.5      7.2      0.0     86.5     77.0     97.0     84.1      3.0     15.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       24)
       2        1        0       13       11       15       12
 
 
HENRY HUB GAS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:      931,510
COMMITMENTS
 229,123   58,565  153,677  534,866  713,367  917,666  925,609   13,844    5,901

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     24,714)
  12,659   -8,746    9,210    5,064   24,871   26,933   25,335   -2,219     -621

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    24.6      6.3     16.5     57.4     76.6     98.5     99.4      1.5      0.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      127)
      20       11       28       87       76      120      106
 
 
HENRY HUB GAS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:      906,796
COMMITMENTS
 216,464   67,311  144,467  529,802  688,496  890,733  900,274   16,063    6,522

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     22,987)
  16,569    6,223    1,832    4,747   14,729   23,148   22,784     -161      203

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    23.9      7.4     15.9     58.4     75.9     98.2     99.3      1.8      0.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      114)
      15       14       26       78       72      108       99
 
 
HENRY HUB PENULTIMATE GAS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:      106,378
COMMITMENTS
  38,448   35,022   20,377   41,968   49,613  100,793  105,012    5,585    1,366

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     17,650)
  13,734   12,032       40    2,186    6,192   15,960   18,264    1,690     -614

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    36.1     32.9     19.2     39.5     46.6     94.7     98.7      5.3      1.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       42)
      10        5       12       24       25       38       38
 
 
HENRY HUB PENULTIMATE GAS SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       88,728
COMMITMENTS
  24,714   22,990   20,337   39,782   43,421   84,833   86,748    3,895    1,980

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     10,119)
  12,213    5,083   -2,123     -257    6,425    9,833    9,385      286      734

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    27.9     25.9     22.9     44.8     48.9     95.6     97.8      4.4      2.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       39)
       8        5       10       22       23       34       34
 
 
PJM ELECTRICITY MONTHLY - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(40 MEGAWATT HOURS PER PEAK DAY)                     OPEN INTEREST:       37,829
COMMITMENTS
   4,750    3,534    6,007   26,933   28,108   37,690   37,650      139      179

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      2,357)
    -782    1,550      500    2,650      318    2,368    2,368      -11      -11

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    12.6      9.3     15.9     71.2     74.3     99.6     99.5      0.4      0.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       35)
       3        4        6       24       26       30       33
 
 
PJM ELECTRICITY MONTHLY - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(40 MEGAWATT HOURS PER PEAK DAY)                     OPEN INTEREST:       35,471
COMMITMENTS
   5,532    1,984    5,507   24,283   27,790   35,321   35,281      150      190

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:        389)
     281      483     -185      302      589      398      888       -9     -499

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    15.6      5.6     15.5     68.5     78.3     99.6     99.5      0.4      0.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       35)
       3        4        6       25       26       31       33
 
 
NYISO ZONE A LBMP SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS 0F 400 MEGAWATT HOURS)                    OPEN INTEREST:       20,711
COMMITMENTS
   2,103    4,558      917   17,691   15,236   20,711   20,711        0        0

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:        672)
     -20      200       56      636      416      672      672        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    10.2     22.0      4.4     85.4     73.6    100.0    100.0      0.0      0.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       25)
       3        2        2       16       15       19       19
 
 
NYISO ZONE A LBMP SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS 0F 400 MEGAWATT HOURS)                    OPEN INTEREST:       20,039
COMMITMENTS
   2,123    4,358      861   17,055   14,820   20,039   20,039        0        0

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:        432)
     396      348        0       80      128      476      476      -44      -44

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    10.6     21.7      4.3     85.1     74.0    100.0    100.0      0.0      0.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       25)
       2        3        2       16       14       19       18
 
 
NYISO ZONE G LBMP SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS 0F 400 MEGAWATT HOURS)                    OPEN INTEREST:        7,536
COMMITMENTS
     302    2,686    1,174    6,060    3,676    7,536    7,536        0        0

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:          0)
       0        0        0        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.0     35.6     15.6     80.4     48.8    100.0    100.0      0.0      0.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       21)
       1        3        3       11       10       14       14
 
 
NYISO ZONE G LBMP SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS 0F 400 MEGAWATT HOURS)                    OPEN INTEREST:        7,536
COMMITMENTS
     302    2,686    1,174    6,060    3,676    7,536    7,536        0        0

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:          0)
    -242     -242      242        0        0        0        0        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.0     35.6     15.6     80.4     48.8    100.0    100.0      0.0      0.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       21)
       1        3        3       11       10       14       14
 
 
CRUDE OIL, LIGHT SWEET - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 1,000 BARRELS)                         OPEN INTEREST:    1,110,243
COMMITMENTS
 101,435   40,027  260,938  689,303  735,497  1051677  1036461   58,566   73,781

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:     17,712)
  11,925   -4,845   17,409   -9,821   12,832   19,513   25,396   -1,801   -7,684

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     9.1      3.6     23.5     62.1     66.2     94.7     93.4      5.3      6.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      229)
      69       62       86       80       86      195      194
 
 
CRUDE OIL, LIGHT SWEET - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 1,000 BARRELS)                         OPEN INTEREST:    1,092,531
COMMITMENTS
  89,510   44,871  243,529  699,124  722,665  1032163  1011066   60,367   81,465

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:    -39,260)
  10,352    1,158  -35,576  -14,554   -8,150  -39,778  -42,568      518    3,308

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     8.2      4.1     22.3     64.0     66.1     94.5     92.5      5.5      7.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      225)
      60       68       85       77       85      190      192
 
 
PALLADIUM - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TROY OUNCES)                       OPEN INTEREST:       12,947
COMMITMENTS
   7,605    2,012      173    2,522    9,674   10,300   11,859    2,647    1,088

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:        162)
      62      -70      173       62      100      297      203     -135      -41

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    58.7     15.5      1.3     19.5     74.7     79.6     91.6     20.4      8.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      116)
      65       15        3       10       23       78       41
 
 
PALLADIUM - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TROY OUNCES)                       OPEN INTEREST:       12,785
COMMITMENTS
   7,543    2,082        0    2,460    9,574   10,003   11,656    2,782    1,129

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:         49)
     126     -417      -91       -2      426       33      -82       16      131

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    59.0     16.3      0.0     19.2     74.9     78.2     91.2     21.8      8.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      113)
      66       15        0        9       23       75       38
 
 
PLATINUM - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 50 TROY OUNCES)                        OPEN INTEREST:        7,335
COMMITMENTS
   3,330      297        0    2,399    6,277    5,729    6,574    1,606      761

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:        721)
     693       68        0      -79      629      614      697      107       24

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    45.4      4.0      0.0     32.7     85.6     78.1     89.6     21.9     10.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       48)
      21        4        0        9       15       30       19
 
 
PLATINUM - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 50 TROY OUNCES)                        OPEN INTEREST:        6,614
COMMITMENTS
   2,637      229        0    2,478    5,648    5,115    5,877    1,499      737

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:        169)
     238     -320        0     -124      453      114      133       55       36

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    39.9      3.5      0.0     37.5     85.4     77.3     88.9     22.7     11.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       41)
      15        3        0        9       15       24       18
 
 
UNLEADED GASOLINE, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/25/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 42,000 U.S. GALLONS)                   OPEN INTEREST:      199,923
COMMITMENTS
  25,485    5,990   33,259  123,930  146,048  182,674  185,297   17,250   14,627

CHANGES FROM 01/18/05 (CHANGE IN OPEN INTEREST:      3,886)
   4,718   -2,812    4,020   -4,896    4,602    3,842    5,810       44   -1,924

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    12.7      3.0     16.6     62.0     73.1     91.4     92.7      8.6      7.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      165)
      44       21       41       79       86      140      136
 
 
UNLEADED GASOLINE, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 42,000 U.S. GALLONS)                   OPEN INTEREST:      196,038
COMMITMENTS
  20,767    8,802   29,239  128,826  141,445  178,831  179,487   17,206   16,551

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:     12,754)
   2,932   -1,047      369    7,026   12,020   10,328   11,342    2,426    1,412

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    10.6      4.5     14.9     65.7     72.2     91.2     91.6      8.8      8.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      160)
      40       23       39       80       83      135      133
 
 
HEAT OIL CRACK SPRD CAL SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 1,000 BARRELS)                         OPEN INTEREST:       18,879
COMMITMENTS
       0    3,251    4,578   14,046   10,975   18,624   18,804      255       75

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:         89)
       0     -234      -12       56      260       44       14       45       75

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     0.0     17.2     24.2     74.4     58.1     98.6     99.6      1.4      0.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       25)
       0        5        2       15       13       17       18
 
 
UNL GAS CRACK SPRD CAL SWAP - NEW YORK MERCANTILE EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/18/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 1,000 BARRELS)                         OPEN INTEREST:        8,587
COMMITMENTS
     450    2,106      402    7,660    5,929    8,512    8,437       75      150

CHANGES FROM 01/11/05 (CHANGE IN OPEN INTEREST:       -165)
       0       75        0     -240     -390     -240     -315       75      150

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     5.2     24.5      4.7     89.2     69.0     99.1     98.3      0.9      1.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       21)
       1        1        2       16       14       18       16
 

Updated February 4, 2005