WHEAT - CHICAGO BOARD OF TRADE                                                                                
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 5,000 BUSHELS)                                               :
     :          :                                                                            :
All  :   219,798:    36,624     76,492     29,417    120,490     86,280    186,531    192,189:    33,267     27,610
Old  :   188,901:    42,376     74,574     16,795    101,019     74,323    160,190    165,692:    28,712     23,210
Other:    30,897:     3,649     11,318      3,222     19,471     11,957     26,342     26,497:     4,555      4,400
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :    13,005:      -345      9,635      3,000      4,772     -4,017      7,427      8,618:     5,578      4,388
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      16.7       34.8       13.4       54.8       39.3       84.9       87.4:      15.1       12.6
Old  :     100.0:      22.4       39.5        8.9       53.5       39.3       84.8       87.7:      15.2       12.3
Other:     100.0:      11.8       36.6       10.4       63.0       38.7       85.3       85.8:      14.7       14.2
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       298:       100        103         72         64         69        196        220:
Old  :       287:       104        100         62         62         64        186        206:
Other:       114:        22         34         31         23         47         65         94:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 27.6       26.4       41.5       32.7       27.3       25.5       41.0       31.2
Old  :                 29.9       27.5       43.0       34.1       29.8       26.4       42.5       33.0
Other:                 54.0       34.9       63.0       46.5       53.6       34.8       60.2       46.4
 
CORN - CHICAGO BOARD OF TRADE                                                                                 
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 5,000 BUSHELS)                                               :
     :          :                                                                            :
All  :   726,517:    69,924    179,408     95,077    449,443    300,387    614,444    574,872:   112,073    151,645
Old  :   647,127:    66,472    174,604     84,043    393,116    263,576    543,631    522,223:   103,496    124,905
Other:    79,389:     6,893      8,245      7,593     56,326     36,811     70,812     52,649:     8,577     26,740
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :    13,440:       719     14,784     -4,441     17,494     -1,749     13,772      8,595:      -332      4,845
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       9.6       24.7       13.1       61.9       41.3       84.6       79.1:      15.4       20.9
Old  :     100.0:      10.3       27.0       13.0       60.7       40.7       84.0       80.7:      16.0       19.3
Other:     100.0:       8.7       10.4        9.6       70.9       46.4       89.2       66.3:      10.8       33.7
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       723:       162        194        154        293        267        542        538:
Old  :       711:       163        189        143        288        254        528        516:
Other:       345:        48         61         35         83        192        147        272:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 13.9       14.4       23.2       19.5       13.9       11.5       22.7       15.7
Old  :                 15.1       15.1       24.6       20.6       14.8       12.5       23.5       17.1
Other:                 38.9       11.3       47.2       17.8       38.9        9.8       46.5       16.1
 
OATS - CHICAGO BOARD OF TRADE                                                                                 
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 5,000 BUSHELS)                                               :
     :          :                                                                            :
All  :     7,710:     1,247        668        463      2,117      4,696      3,828      5,827:     3,883      1,883
Old  :     7,519:     1,219        673        430      2,095      4,595      3,744      5,698:     3,775      1,821
Other:       191:        37          3         25         22        101         84        129:       107         62
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :      -313:       -22       -141         67       -119       -180        -74       -254:      -239        -59
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      16.2        8.7        6.0       27.5       60.9       49.6       75.6:      50.4       24.4
Old  :     100.0:      16.2        8.9        5.7       27.9       61.1       49.8       75.8:      50.2       24.2
Other:     100.0:      19.2        1.8       13.0       11.5       52.9       43.8       67.8:      56.2       32.2
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        37:        15          6          6         14         13         31         23:
Old  :        37:        16          5          6         14         13         31         23:
Other:        11:         3          2          3          2          6          6         10:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 19.4       47.0       29.2       60.0       12.1       43.7       19.6       53.7
Old  :                 19.6       47.0       29.2       60.2       12.2       44.0       20.0       54.2
Other:                 42.5       62.2       43.8       67.0       24.5       47.2       24.5       48.4
 
SOYBEANS - CHICAGO BOARD OF TRADE                                                                             
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 5,000 BUSHELS)                                               :
     :          :                                                                            :
All  :   308,712:    31,343     53,815     65,965    161,547    124,859    258,855    244,639:    49,856     64,073
Old  :   288,879:    30,855     56,062     58,488    154,430    115,628    243,773    230,178:    45,106     58,701
Other:    19,833:     5,609      2,874      2,356      7,117      9,231     15,082     14,461:     4,750      5,371
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :     6,196:    -5,675      8,308      3,866      6,126     -7,856      4,318      4,319:     1,878      1,877
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      10.2       17.4       21.4       52.3       40.4       83.9       79.2:      16.1       20.8
Old  :     100.0:      10.7       19.4       20.2       53.5       40.0       84.4       79.7:      15.6       20.3
Other:     100.0:      28.3       14.5       11.9       35.9       46.5       76.0       72.9:      24.0       27.1
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       405:       112        138        122        111        125        292        324:
Old  :       398:       107        140        109        108        115        276        308:
Other:       128:        40         25         15         25         50         70         85:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 30.0       19.4       40.3       27.1       18.8        7.5       25.4       11.3
Old  :                 30.9       18.8       41.9       26.8       19.8        7.1       26.8       10.9
Other:                 31.9       37.2       44.2       45.5       28.0       32.2       39.2       39.5
 
SOYBEAN OIL - CHICAGO BOARD OF TRADE                                                                          
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 60,000 POUNDS)                                               :
     :          :                                                                            :
All  :   162,616:    15,576     38,886     26,776     98,436     75,366    140,788    141,028:    21,828     21,588
Old  :   147,561:    16,655     39,432     19,951     91,718     67,327    128,324    126,710:    19,238     20,851
Other:    15,054:     2,543      3,076      3,203      6,718      8,039     12,464     14,318:     2,590        737
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :      -445:    -2,287      4,043        547      4,174     -5,232      2,434       -643:    -2,879        198
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       9.6       23.9       16.5       60.5       46.3       86.6       86.7:      13.4       13.3
Old  :     100.0:      11.3       26.7       13.5       62.2       45.6       87.0       85.9:      13.0       14.1
Other:     100.0:      16.9       20.4       21.3       44.6       53.4       82.8       95.1:      17.2        4.9
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       147:        32         46         33         52         45        102        114:
Old  :       144:        35         47         28         51         44         97        109:
Other:        44:        10         14         12         17         10         35         28:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 24.1       29.0       34.1       36.9       19.1       22.4       27.8       29.5
Old  :                 25.4       28.8       36.0       36.7       22.8       25.0       32.2       32.7
Other:                 36.1       53.5       49.2       75.0       22.2       42.3       33.3       51.5
 
U.S. TREASURY BONDS - CHICAGO BOARD OF TRADE                                                                  
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF $100,000 FACE VALUE)                                         :
     :          :                                                                            :
All  :   727,236:   169,059    107,293     72,767    373,145    412,226    614,970    592,286:   112,265    134,950
Old  :   727,236:   169,059    107,293     72,767    373,145    412,226    614,970    592,286:   112,265    134,950
Other:         0:         0          0          0          0          0          0          0:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :    12,681:    15,919     15,819    -16,244       -915       -713     -1,240     -1,138:    13,921     13,819
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      23.2       14.8       10.0       51.3       56.7       84.6       81.4:      15.4       18.6
Old  :     100.0:      23.2       14.8       10.0       51.3       56.7       84.6       81.4:      15.4       18.6
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       195:        41         47         38         69         94        133        156:
Old  :       195:        41         47         38         69         94        133        156:
Other:         0:         0          0          0          0          0          0          0:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 22.8       16.2       32.3       26.7       16.6       14.8       23.0       21.6
Old  :                 22.8       16.2       32.3       26.7       16.6       14.8       23.0       21.6
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0
 
SOYBEAN MEAL - CHICAGO BOARD OF TRADE                                                                         
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 100 TONS)                                                    :
     :          :                                                                            :
All  :   168,077:     7,967     31,829     35,151     99,244     74,908    142,362    141,888:    25,715     26,190
Old  :   153,995:    11,606     31,534     27,269     91,069     70,153    129,944    128,956:    24,052     25,040
Other:    14,082:     1,069      5,003      3,174      8,175      4,755     12,419     12,932:     1,663      1,150
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :     8,120:       -51      6,772      2,894      7,672     -1,611     10,515      8,056:    -2,395         64
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       4.7       18.9       20.9       59.0       44.6       84.7       84.4:      15.3       15.6
Old  :     100.0:       7.5       20.5       17.7       59.1       45.6       84.4       83.7:      15.6       16.3
Other:     100.0:       7.6       35.5       22.5       58.1       33.8       88.2       91.8:      11.8        8.2
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       168:        26         51         52         56         56        119        142:
Old  :       167:        35         51         50         56         55        118        139:
Other:        57:        10         18         15         26         11         48         33:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 26.2       21.1       36.8       29.1       23.5       12.8       30.6       19.0
Old  :                 25.9       20.7       36.0       28.4       24.1       13.9       31.8       21.3
Other:                 43.8       53.8       61.5       70.9       41.2       40.2       49.9       51.1
 
ROUGH RICE - CHICAGO BOARD OF TRADE                                                                           
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 200,000 POUNDS)                                              :
     :          :                                                                            :
All  :     4,892:     1,541      1,430        359      1,212      1,634      3,113      3,423:     1,780      1,469
Old  :     4,890:     1,541      1,430        357      1,212      1,634      3,111      3,421:     1,780      1,469
Other:         2:         0          0          2          0          0          2          2:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :        89:       165        151         79        288       -158        531         72:      -442         18
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      31.5       29.2        7.3       24.8       33.4       63.6       70.0:      36.4       30.0
Old  :     100.0:      31.5       29.2        7.3       24.8       33.4       63.6       70.0:      36.4       30.0
Other:     100.0:       0.0        0.0      100.0        0.0        0.0      100.0      100.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        34:        11          8          3         11         10         23         20:
Old  :        34:        11          8          3         11         10         23         20:
Other:         2:         0          0          2          0          0          2          2:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 31.8       38.2       45.5       49.4       29.0       38.1       41.8       48.0
Old  :                 31.8       38.2       45.5       49.4       29.0       38.1       41.8       48.0
Other:                100.0      100.0      100.0      100.0        0.0        0.0        0.0        0.0
 
2-YEAR U.S. TREASURY NOTES - CHICAGO BOARD OF TRADE                                                           
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF $200,000 FACE VALUE)                                         :
     :          :                                                                            :
All  :   252,479:    67,803     84,343        525    156,669    117,751    224,997    202,619:    27,482     49,860
Old  :   252,479:    67,803     84,343        525    156,669    117,751    224,997    202,619:    27,482     49,860
Other:         0:         0          0          0          0          0          0          0:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :     3,802:     5,347     14,316       -875     -2,432    -10,783      2,040      2,658:     1,762      1,144
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      26.9       33.4        0.2       62.1       46.6       89.1       80.3:      10.9       19.7
Old  :     100.0:      26.9       33.4        0.2       62.1       46.6       89.1       80.3:      10.9       19.7
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       163:        19         55          4         48         66         69        123:
Old  :       163:        19         55          4         48         66         69        123:
Other:         0:         0          0          0          0          0          0          0:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 31.2       12.7       45.4       21.0       30.8       12.7       43.4       20.8
Old  :                 31.2       12.7       45.4       21.0       30.8       12.7       43.4       20.8
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0
 
10-YEAR U.S. TREASURY NOTES - CHICAGO BOARD OF TRADE                                                          
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF $100,000 FACE VALUE)                                         :
     :          :                                                                            :
All  : 2,140,053:   393,805    347,239    264,198  1,310,557  1,170,547  1,968,560  1,781,984:   171,494    358,070
Old  : 2,140,053:   393,805    347,239    264,198  1,310,557  1,170,547  1,968,560  1,781,984:   171,494    358,070
Other:         0:         0          0          0          0          0          0          0:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :   123,830:     6,129     15,775     63,423     48,126     -6,396    117,679     72,802:     6,151     51,027
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      18.4       16.2       12.3       61.2       54.7       92.0       83.3:       8.0       16.7
Old  :     100.0:      18.4       16.2       12.3       61.2       54.7       92.0       83.3:       8.0       16.7
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       379:        46        116         89        137        199        249        338:
Old  :       379:        46        116         89        137        199        249        338:
Other:         0:         0          0          0          0          0          0          0:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 37.5       12.6       48.1       19.7       34.0        9.9       42.4       15.4
Old  :                 37.5       12.6       48.1       19.7       34.0        9.9       42.4       15.4
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0
 
5-YEAR U.S. TREASURY NOTES - CHICAGO BOARD OF TRADE                                                           
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF $100,000 FACE VALUE)                                         :
     :          :                                                                            :
All  : 1,326,282:   333,080    255,536    105,305    789,631    787,910  1,228,016  1,148,751:    98,267    177,532
Old  : 1,326,282:   333,080    255,536    105,305    789,631    787,910  1,228,016  1,148,751:    98,267    177,532
Other:         0:         0          0          0          0          0          0          0:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :    14,091:    -2,485     41,114    -17,371     13,368    -16,548     -6,488      7,195:    20,580      6,896
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      25.1       19.3        7.9       59.5       59.4       92.6       86.6:       7.4       13.4
Old  :     100.0:      25.1       19.3        7.9       59.5       59.4       92.6       86.6:       7.4       13.4
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       303:        59         83         54         90        143        171        258:
Old  :       303:        59         83         54         90        143        171        258:
Other:         0:         0          0          0          0          0          0          0:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 24.9       16.6       41.0       25.4       21.3       15.4       35.8       23.1
Old  :                 24.9       16.6       41.0       25.4       21.3       15.4       35.8       23.1
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0
 
30-DAY FEDERAL FUNDS - CHICAGO BOARD OF TRADE                                                                 
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (INTEREST ON $5,000,000 FED FUNDS)                                         :
     :          :                                                                            :
All  :   444,716:   109,262     31,998    129,524    180,002    267,771    418,788    429,293:    25,928     15,422
Old  :   444,716:   109,262     31,998    129,524    180,002    267,771    418,788    429,293:    25,928     15,422
Other:         0:         0          0          0          0          0          0          0:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :  -207,908:   -75,820    -20,282    -64,530    -61,164   -120,024   -201,514   -204,836:    -6,394     -3,072
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      24.6        7.2       29.1       40.5       60.2       94.2       96.5:       5.8        3.5
Old  :     100.0:      24.6        7.2       29.1       40.5       60.2       94.2       96.5:       5.8        3.5
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       145:        42         25         35         61         62        119        107:
Old  :       145:        42         25         35         61         62        119        107:
Other:         0:         0          0          0          0          0          0          0:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 29.0       33.5       44.4       48.0       16.0       26.0       25.5       36.2
Old  :                 29.0       33.5       44.4       48.0       16.0       26.0       25.5       36.2
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0
 
DOW JONES INDUSTRIAL AVERAGE - CHICAGO BOARD OF TRADE                                                         
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : ($10 X DJIA INDEX)                                                         :
     :          :                                                                            :
All  :    51,434:    19,712      9,235        797     25,202     33,289     45,712     43,321:     5,722      8,113
Old  :    51,434:    19,712      9,235        797     25,202     33,289     45,712     43,321:     5,722      8,113
Other:         0:         0          0          0          0          0          0          0:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :       261:         6       -613         38       -413        355       -369       -220:       630        481
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      38.3       18.0        1.5       49.0       64.7       88.9       84.2:      11.1       15.8
Old  :     100.0:      38.3       18.0        1.5       49.0       64.7       88.9       84.2:      11.1       15.8
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        90:        38         18         13         26         15         72         38:
Old  :        90:        38         18         13         26         15         72         38:
Other:         0:         0          0          0          0          0          0          0:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 36.8       62.9       55.3       73.1       36.8       62.8       55.3       72.2
Old  :                 36.8       62.9       55.3       73.1       36.8       62.8       55.3       72.2
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0
 
DOW JONES INDUSTRIAL AVG- x $5 - CHICAGO BOARD OF TRADE                                                       
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : ($5 X DJIA INDEX)                                                          :
     :          :                                                                            :
All  :    52,573:     6,203     13,805      3,750     30,656     24,856     40,610     42,411:    11,964     10,162
Old  :    52,573:     6,203     13,805      3,750     30,656     24,856     40,610     42,411:    11,964     10,162
Other:         0:         0          0          0          0          0          0          0:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :    12,729:    -1,064      2,584      1,675      8,034      7,834      8,645     12,093:     4,084        636
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      11.8       26.3        7.1       58.3       47.3       77.2       80.7:      22.8       19.3
Old  :     100.0:      11.8       26.3        7.1       58.3       47.3       77.2       80.7:      22.8       19.3
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        81:        34         19         19         19         16         58         49:
Old  :        81:        34         19         19         19         16         58         49:
Other:         0:         0          0          0          0          0          0          0:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 41.1       51.1       53.4       59.7       40.5       49.9       50.2       56.9
Old  :                 41.1       51.1       53.4       59.7       40.5       49.9       50.2       56.9
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0
 
INTEREST RATE SWAPS 10YR - 3MO - CHICAGO BOARD OF TRADE                                                       
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF $100,000 NOTIONAL PRINCIPAL)                                 :
     :          :                                                                            :
All  :    36,255:     1,548      6,464      1,006     33,363     27,417     35,917     34,887:       338      1,368
Old  :    36,255:     1,548      6,464      1,006     33,363     27,417     35,917     34,887:       338      1,368
Other:         0:         0          0          0          0          0          0          0:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :       -52:      -483         64          0        457       -112        -26        -48:       -26         -4
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       4.3       17.8        2.8       92.0       75.6       99.1       96.2:       0.9        3.8
Old  :     100.0:       4.3       17.8        2.8       92.0       75.6       99.1       96.2:       0.9        3.8
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        53:         4         21          2         17         15         23         36:
Old  :        53:         4         21          2         17         15         23         36:
Other:         0:         0          0          0          0          0          0          0:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 53.6       51.7       80.4       72.1       53.6       51.1       80.3       71.6
Old  :                 53.6       51.7       80.4       72.1       53.6       51.1       80.3       71.6
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0
 
INTEREST RATE SWAPS 5YR - 3MO - CHICAGO BOARD OF TRADE                                                        
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF $100,000 NOTIONAL PRINCIPAL)                                 :
     :          :                                                                            :
All  :    13,599:       500      1,689          0     13,078     11,442     13,578     13,131:        21        468
Old  :    13,599:       500      1,689          0     13,078     11,442     13,578     13,131:        21        468
Other:         0:         0          0          0          0          0          0          0:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :       473:      -181        109          0        645        352        464        461:         9         12
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       3.7       12.4        0.0       96.2       84.1       99.8       96.6:       0.2        3.4
Old  :     100.0:       3.7       12.4        0.0       96.2       84.1       99.8       96.6:       0.2        3.4
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        25:         1          7          0          8         10          9         17:
Old  :        25:         1          7          0          8         10          9         17:
Other:         0:         0          0          0          0          0          0          0:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 80.4       74.7       97.6       85.7       80.4       71.9       97.1       82.9
Old  :                 80.4       74.7       97.6       85.7       80.4       71.9       97.1       82.9
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0
 
 

Updated January 7, 2005