NO. 2 HEATING OIL, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 02/22/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 42,000 U.S. GALLONS)                   OPEN INTEREST:      158,328
COMMITMENTS
  20,817   24,041   15,355   93,639   92,072  129,811  131,468   28,517   26,860

CHANGES FROM 02/15/05 (CHANGE IN OPEN INTEREST:      9,097)
   6,666       46    3,780   -3,740    4,386    6,706    8,212    2,391      885

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    13.1     15.2      9.7     59.1     58.2     82.0     83.0     18.0     17.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      126)
      23       30       30       61       65      107      103
 
 
NATURAL GAS - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 02/22/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(10,000 MMBTU'S)                                     OPEN INTEREST:      423,664
COMMITMENTS
  28,526   68,750  129,359  197,072  192,414  354,957  390,523   68,707   33,141

CHANGES FROM 02/15/05 (CHANGE IN OPEN INTEREST:     12,520)
   3,310    7,020    4,105    3,941    1,712   11,356   12,837    1,164     -317

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     6.7     16.2     30.5     46.5     45.4     83.8     92.2     16.2      7.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      204)
      48       58       64       92       74      171      169
 
 
M-3 BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 02/22/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       69,688
COMMITMENTS
   3,995    4,584    1,333   56,356   59,621   61,684   65,538    8,004    4,150

CHANGES FROM 02/15/05 (CHANGE IN OPEN INTEREST:      1,696)
       0        0        0      780    1,394      780    1,394      916      302

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     5.7      6.6      1.9     80.9     85.6     88.5     94.0     11.5      6.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       31)
       1        1        2       27       22       29       24
 
 
PG&E CITYGATE BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 02/22/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       43,087
COMMITMENTS
   2,185    1,435    4,432   31,578   34,470   38,195   40,337    4,892    2,750

CHANGES FROM 02/15/05 (CHANGE IN OPEN INTEREST:      1,772)
    -372     -368      771      728      606    1,127    1,009      645      763

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     5.1      3.3     10.3     73.3     80.0     88.6     93.6     11.4      6.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       26)
       2        2        3       20       19       23       23
 
 
SUMAS BASIS SWAP - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 02/22/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:       67,845
COMMITMENTS
   8,050        0    1,216   53,203   55,156   62,469   56,372    5,376   11,473

CHANGES FROM 02/15/05 (CHANGE IN OPEN INTEREST:      3,138)
   1,222        0       62    1,883    2,410    3,167    2,472      -29      666

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    11.9      0.0      1.8     78.4     81.3     92.1     83.1      7.9     16.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       24)
       1        0        1       22       18       23       19
 
 
HENRY HUB GAS SWAP - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 02/22/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:      983,913
COMMITMENTS
 229,371   61,510  173,320  550,066  727,313  952,757  962,143   31,156   21,770

CHANGES FROM 02/15/05 (CHANGE IN OPEN INTEREST:     28,348)
 -10,441   -5,232    5,991   19,493   13,708   15,043   14,467   13,305   13,881

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    23.3      6.3     17.6     55.9     73.9     96.8     97.8      3.2      2.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      125)
      18        9       27       84       77      115      105
 
 
HENRY HUB PENULTIMATE GAS SWAP - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 02/22/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(2,500 MMBTU'S)                                      OPEN INTEREST:      130,702
COMMITMENTS
  28,845   37,931   36,689   62,613   54,993  128,147  129,613    2,555    1,089

CHANGES FROM 02/15/05 (CHANGE IN OPEN INTEREST:     13,624)
   7,300    3,678    2,132    4,162    8,524   13,594   14,334       30     -710

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    22.1     29.0     28.1     47.9     42.1     98.0     99.2      2.0      0.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       47)
      10        8       14       24       28       42       42
 
 
PJM ELECTRICITY MONTHLY - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 02/22/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(40 MEGAWATT HOURS PER PEAK DAY)                     OPEN INTEREST:       40,123
COMMITMENTS
   3,454    5,530    8,530   27,831   25,823   39,815   39,883      308      240

CHANGES FROM 02/15/05 (CHANGE IN OPEN INTEREST:        971)
     740      980     -255      706       46    1,191      771     -220      200

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     8.6     13.8     21.3     69.4     64.4     99.2     99.4      0.8      0.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       38)
       3        6        7       22       27       29       36
 
 
NYISO ZONE A LBMP SWAP - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 02/22/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS 0F 400 MEGAWATT HOURS)                    OPEN INTEREST:       18,601
COMMITMENTS
   2,144    1,384    1,879   14,578   15,338   18,601   18,601        0        0

CHANGES FROM 02/15/05 (CHANGE IN OPEN INTEREST:       -554)
     248     -596       88     -890      -46     -554     -554        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    11.5      7.4     10.1     78.4     82.5    100.0    100.0      0.0      0.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       26)
       3        2        3       16       16       20       20
 
 
NYISO ZONE G LBMP SWAP - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 02/22/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS 0F 400 MEGAWATT HOURS)                    OPEN INTEREST:        9,360
COMMITMENTS
     218    5,614    1,228    7,914    2,518    9,360    9,360        0        0

CHANGES FROM 02/15/05 (CHANGE IN OPEN INTEREST:         46)
       0    1,016     -508      554     -462       46       46        0        0

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     2.3     60.0     13.1     84.6     26.9    100.0    100.0      0.0      0.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       23)
       1        3        3       14       11       17       15
 
 
CRUDE OIL, LIGHT SWEET - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 02/22/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 1,000 BARRELS)                         OPEN INTEREST:      760,290
COMMITMENTS
 120,964   66,788  100,524  484,386  524,236  705,874  691,548   54,416   68,742

CHANGES FROM 02/15/05 (CHANGE IN OPEN INTEREST:     20,203)
  19,001   -3,547   -4,009    3,406   30,858   18,398   23,302    1,805   -3,099

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    15.9      8.8     13.2     63.7     69.0     92.8     91.0      7.2      9.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      239)
      66       67       73       84       93      194      193
 
 
PALLADIUM - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 02/22/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TROY OUNCES)                       OPEN INTEREST:       14,402
COMMITMENTS
   8,092    2,572      785    2,365    9,789   11,242   13,146    3,160    1,256

CHANGES FROM 02/15/05 (CHANGE IN OPEN INTEREST:        448)
      19       47       41      -38      121       22      209      426      239

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    56.2     17.9      5.5     16.4     68.0     78.1     91.3     21.9      8.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      119)
      63       21        5       12       24       80       48
 
 
PLATINUM - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 02/22/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 50 TROY OUNCES)                        OPEN INTEREST:        7,510
COMMITMENTS
   3,773      355        0    1,861    6,187    5,634    6,542    1,876      968

CHANGES FROM 02/15/05 (CHANGE IN OPEN INTEREST:         78)
     155       44        0       71        1      226       45     -148       33

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    50.2      4.7      0.0     24.8     82.4     75.0     87.1     25.0     12.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       46)
      20        3        0        8       15       28       18
 
 
UNLEADED GASOLINE, N.Y. HARBOR - NEW YORK MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 02/22/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 42,000 U.S. GALLONS)                   OPEN INTEREST:      161,227
COMMITMENTS
  28,139    3,046   14,790  103,063  128,541  145,992  146,377   15,235   14,850

CHANGES FROM 02/15/05 (CHANGE IN OPEN INTEREST:      4,109)
   6,318   -1,118     -170   -1,060    4,418    5,088    3,130     -979      979

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    17.5      1.9      9.2     63.9     79.7     90.6     90.8      9.4      9.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      159)
      46       16       37       75       81      137      123
 

Updated February 25, 2005