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 01/18/05          |
--------------------------------------------------------------| 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 01/18/05          |
--------------------------------------------------------------| 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
 

Updated January 21, 2005