SILVER - COMMODITY EXCHANGE INC.
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/11/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 TROY OUNCES)                     OPEN INTEREST:      120,252
COMMITMENTS
  42,102    8,622   19,606   23,294   80,381   85,001  108,609   35,250   11,643

CHANGES FROM 01/04/05 (CHANGE IN OPEN INTEREST:      4,343)
    -639    4,251    3,150    1,197   -2,588    3,708    4,813      635     -470

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    35.0      7.2     16.3     19.4     66.8     70.7     90.3     29.3      9.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      172)
     103       22       48       26       36      147       92
 
 
COPPER-GRADE #1 - COMMODITY EXCHANGE INC.
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/11/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 25,000 POUNDS)                         OPEN INTEREST:       85,590
COMMITMENTS
  23,423    3,992   13,758   35,006   60,869   72,187   78,619   13,403    6,971

CHANGES FROM 01/04/05 (CHANGE IN OPEN INTEREST:     -5,489)
  -2,754   -1,122     -789   -1,299   -2,560   -4,842   -4,471     -647   -1,018

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    27.4      4.7     16.1     40.9     71.1     84.3     91.9     15.7      8.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      140)
      65       25       34       36       40      113       89
 
 
GOLD - COMMODITY EXCHANGE INC.
OPTION AND FUTURES COMBINED POSITIONS AS OF 01/11/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TROY OUNCES)                       OPEN INTEREST:      396,165
COMMITMENTS
 110,457   39,289   98,029  127,065  235,117  335,551  372,435   60,615   23,731

CHANGES FROM 01/04/05 (CHANGE IN OPEN INTEREST:    -26,796)
 -31,419    7,706    2,433    5,421  -32,419  -23,564  -22,280   -3,231   -4,516

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    27.9      9.9     24.7     32.1     59.3     84.7     94.0     15.3      6.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      238)
     135       46       75       40       40      204      138
 

Updated January 11, 2005