SILVER - COMMODITY EXCHANGE INC.
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/04/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 TROY OUNCES)                     OPEN INTEREST:      115,909
COMMITMENTS
  42,741    4,371   16,456   22,097   82,969   81,293  103,796   34,615   12,113

CHANGES FROM 12/28/04 (CHANGE IN OPEN INTEREST:     -2,728)
    -427      397      526   -1,156   -5,107   -1,057   -4,184   -1,671    1,456

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    36.9      3.8     14.2     19.1     71.6     70.1     89.5     29.9     10.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      165)
     104       18       46       24       35      141       88
 
 
COPPER-GRADE #1 - COMMODITY EXCHANGE INC.
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/04/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 25,000 POUNDS)                         OPEN INTEREST:       91,079
COMMITMENTS
  26,177    5,114   14,547   36,305   63,429   77,029   83,090   14,050    7,989

CHANGES FROM 12/28/04 (CHANGE IN OPEN INTEREST:     -6,894)
  -7,645     -657      561    1,514   -6,897   -5,571   -6,993   -1,323       98

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    28.7      5.6     16.0     39.9     69.6     84.6     91.2     15.4      8.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      135)
      61       26       29       34       39      106       84
 
 
GOLD - COMMODITY EXCHANGE INC.
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/04/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TROY OUNCES)                       OPEN INTEREST:      422,961
COMMITMENTS
 141,876   31,583   95,596  121,643  267,535  359,115  394,715   63,846   28,246

CHANGES FROM 12/28/04 (CHANGE IN OPEN INTEREST:    -38,930)
 -30,018   -1,829   -7,340      825  -35,004  -36,533  -44,173   -2,397    5,243

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    33.5      7.5     22.6     28.8     63.3     84.9     93.3     15.1      6.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      242)
     143       42       69       37       44      204      135
 

Updated January 7, 2005