Date of Letter

Date Filed

DCM

Description

06/30/2004

06/30/2004

HEDGESTREET

Rule 12.7(h)
HedgeStreet amended its Rules to change the reporting level of the Federal Funds Rate Contracts from 125,000 contracts to 300 contracts in accordance with CFTC Regulation 15.03(b)

06/30/2004

06/30/2004

NYMEX

NYMEX Division Rule 9.27, Expiration and Current Delivery Month Position Limits
The amendments pertain to the revision of spot month position limits for ClearPortsm for Cash-Settled Natural Gas Products.

06/28/2004

06/28/2004

CME

Rule Numbers – 432.D.
Relates to interpretation of Rule 432.D. (prohibits fictitious trades).

06/25/2004

06/25/2004

EUREX US

Eurex US will maintain its overnight market supervision in Frankfurt until June 30, 2005 unless certain conditions occur as outlined in the attached document.

06/24/2004

06/25/2004

CME

CME Revised Regular Trading Hours (RTH) and GLOBEX Holiday Schedules for Remaining 2004.

06/24/2004

06/24/2004

EUREX US

New Eurex US Liquidity Initiative Programs
The attached documents detail new programs designed to initiate liquidity in all Eurex US Treasury futures contracts (2, 5, and 10-year note futures and 30-year bond futures). The programs fall into four components: 1) Market Maker programs (Permanent, European Hours and Private); 2) Revenue Sharing program; 3) Fee holiday; and 4) Promotional giveaway. The programs will be effective through December 31, 2004. All members will be eligible to participate. It is expected that approximately 15 members will agree to be market makers and approximately 10 additional members will participate in the Revenue Sharing program. All members will be eligible for the fee holiday and promotional giveaway.

06/23/2004

06/23/2004

NYMEX

The approved policy changes the notification period that copper and aluminum warehouses are required to provide the Exchange before increases in the handling and storage charges become effective. The length of time the changes remain in effect is at the sole discretion of the warehouse.

06/23/2004

06/23/2004

NYMEX

Listing of Additional Strike Prices for the Gold, Silver, Copper, Heating Oil, Crude Oil and Natural Gas Option Contracts.

06/23/2004

06/23/2004

MGEX

Rule 715.01. And Regulation 2011.02.
The new regulation and rule amendments are for the purposes of clarifying and centralizing in one place in the Rulebook the last day to conduct an exchange for physical (EFP) or exchange for risk (EFR) transaction.

06/23/2004

06/23/2004

MGEX

Rules 201.00., 201.02., 202.00., 202.01., 202.02. & 202.03.
The amendments to the Rules are to codify current procedures that guide the nomination process for candidates, remove the requirement that owners must vote for a minimum number of At Large candidates, simplify the annual election process, and make nonmaterial word changes.

06/23/2004

06/23/2004

CBOT

Establish Electronic Market Maker Program in the e-cbot market for specific CBOT Financial options.

06/22/2004

06/25/2003

NYMEX

The approved policy changes the definition of "Other Aluminum" in the daily reporting of aluminum stocks at Exchange Licensed Warehouses for aluminum.

06/21/2004

06/21/2004

KCT

KCBT Rule 2007.00.
Change in Last Trading Day for Wheat Futures Contracts, Effective With the September 2004 Contract Month, the Last Trading Day for Which Will be September 14, 2004.

06/21/2004

06/21/2004

KCT

Rule Numbers – Rules 112.01, 199.00(k) and 199.00(p)
Resolution 1-199.00-1
Rule 112.01 pertains to qualified categaories of membership representation.
Rule 199.00(k) pertains to the maximum term of delegation agreements.
Rule 199.00(p) pertains to deposits required of delegates.
Resolution 1-199.00-1 pertains to non-refundable delegation fees.

06/18/2004

06/30/2004

CME

Rule Number 40501
Update for submission 04-55. Addition of five US Seasonal Weather Sites. Each additional site will offer futures and options on both Cooling and Heating Seasons.

06/18/2004

06/18/2004

CME

Eurodollar FRA Futures Launch Date, Trading Hours, Listing Procedures, and Initial Contract Months.

06/18/2004

06/18/2004

CME

Amendments to Rule 560. RESTRICTIONS ON INTEREST RATE FUTURES TRADED ON GLOBEX
Modification of Rule 560 to accommodate the new Eurodollar ERA futures contracts.

06/18/2004

06/18/2004

CME

Rule 40501. Commodity Specifications
Addition of five US Seasonal Weather Sites.

06/17/2004

06/17/2004

NYMEX

Listing of Additional Strike Prices for the Gold, Copper, Heating Oil, Crude Oil, Natural Gas and Related Calendar Spread Options contracts.

06/17/2004

06/17/2004

CBOT

Rule Numbers – 450.00(a)(1)
Specify an annual Exchange fee cap for the open auction proprietary trades of member firms in specified registration categories.

06/17/2004

06/17/2004

CBOT

Establish 12:00 noon as the standard pre-holiday early close time for Dow/AIG Commodity Index.

06/17/2004

06/17/2004

CBOT

Extend the Swap Market Making Permit program through December 31, 2004.

06/17/2004

06/17/2004

CBOT

Extend temporary IDEM trading privileges with respect to specific inter-commodity spreads.

06/17/2004

06/17/2004

CME

Rule Numbers – 408.A. (Conduct of Hearings)
The third sentence in Rule 408.A. is being deleted because it is covered by new CME Rule 416.

06/16/2004

06/17/2004

HEDGGESTREET

Rule Numbers – 2.3, 3.1-3.5, Chapter 4, 5.1 -5.6, 5.10, 5.12, 5.13, 6.2, 6.3, 7.1, 7.2, Chapter 8, 10.1, and Chapter 12
HedgeStreet amended various rules subsequent to its order of designation as both a DCO and DCM.

06/16/2004

06/17/2004

CBOT

Rule Numbers – 221.00, 221.09, and 230.02
Expand eligibility standards for e-cbot member firms.

06/14/2004

06/15/2004

NYMEX

Rule Numbers – COMEX Division Rules 4.47 and 4.48
The amendments reduce the copper futures spot month position limit as appropriate if stock levels fall below 20,000 contract equivalents, and reduce the copper position accountability level to 5,000 contracts

06/10/2004

06/10/2004

NYBOT

NYBOT certifying that merger of CSCE and NYCE into NYBOT has been completed and that the By-laws and Rules previously submitted are in effect.

06/09/2004

06/10/2004

NYMEX

Listing of Additional Strike Prices for the Gold, Silver, Crude Oil and Natural Gas Option Contracts.

06/09/2004

06/09/2004

CSCE-NYCE

CSCE and NYCE Rules Adopted in Connection with Merger into NYBOT

06/09/2004

06/10/2004

CME

CME makes emergency changes to the Regular Trading Hours (RTH) and GLOBEX hours: (1) new schedule for holidays instituting a GLOBEX trading break between 12:00 noon and 5:00 p.m. for Interest Rate and Foreign Exchange products, 2) early market closes for Friday, November 26, 2004, and 3) early market closes for select products contingent on early closes of the NYSE.

06/07/2004

06/08/2004

CME

Emergency revision of GLOBEX and open outcry trading hours and certain contract expirations due to National Day of Mourning for former President Reagan.

06/07/2004

07/07/2004

CFE

Rule Numbers . Policy and Procedures III
The rule filing makes changes to CFE.s error trade policy.

06/03/2004

06/04/2004

CME

Rule Numbers . Changes to CME Chapter 7 . DELIVERY FACILITIES AND PROCEDURES . GENERAL . NON CLS (LEGACY) CURRENCY DELIVERIES, specifically, Rules 731.B and 732.B.
Amended CME Rules 731.B and 732.B. eliminate the sell-side order-to-pay (OTP) requirement for CME South African rand futures deliveries.

06/03/2004

06/04/2004

CME

Rule Numbers . Change to the Interpretation to CME Rule 135.A. . Trading Privileges of GEM Members.
Change to the Interpretation to CME Rule 135.A. identifies CME East European FX spreads versus the Euro as allowable non-GEM member spreads for GEM members. Additional information regarding the launch of CME East European currency futures and option contracts is also included.

06/03/2004

06/04/2004

NYMEX

Rule Numbers . Exchange Rule 8.70, Floor Order Ticket Reviews . Summary Violations
The rule implements a summary fine procedure for violations of NYMEX and COMEX rules which address numbering and time stamping orders.

06/03/2004

06/04/2004

NYMEX

Rule Numbers . Exchange Rules 11.57, Trading Standards for Electronic Trading Systems; and 11.57A, Permissible Pre-Execution Discussions
The rules describe guidelines to permit pre-execution discussions of trades executed on the NYMEX electronis trading systems.

06/03/2004

06/04/2004

NYMEX

Listing of Additional Strike Prices for the Silver, Copper, Crude Oil, Unleaded Gasoline, Natural Gas and Related Calendar Spread Option Contracts.

06/03/2004

06/03/2004

NYMEX

Terms and Conditions for Market Maker Program for PJM Financially-Settled Monthly Contracts

06/02/2004

06/03/2004

NYMEX

Rule Numbers . NYMEX Division Rule 6.57, Post-Close Trading Session
The amendment extends NYMEX post-close trading to options contracts in the first twelve (12) listed delivery months.