SELECTED FCM FINANCIAL DATA 

FROM REPORTS FILED BY 

January 31, 2004

B/D? DSRO A/O Adjusted Net Capital Risk Based Excess Custom

Futures Commission Merchant Date Net Capital Requirement Requirement Net Capital Seg Req

(4% of Seg, SEC Capital 4d(2

(a) (b) or $250,000) (c) (d) (e) 

1 ABN AMRO INCORPORATED Y CBOT 12/31/2003 1,325,585,341 63,201,022 116,717,466 1,208,867,875 1,904,42 ABN AMRO SAGE CORPORATION Y NFA 12/31/2003 36,565,369 2,466,883 2,466,883 34,098,486 60,73 ADM INVESTOR SERVICES INC N CBOT 12/31/2003 66,212,745 24,062,456 23,758,737 42,150,289 632,84 ADVANTAGE FUTURES LLC N CME 12/31/2003 7,857,740 2,123,501 1,318,846 5,734,239 49,45 ADVEST INC Y NFA 12/31/2003 53,213,946 1,000,000 0 52,213,946 6 AG EDWARDS & SONS INC Y CBOT 12/31/2003 578,472,412 45,786,315 4,631,508 532,686,097 114,07 AGE COMMODITY CLEARING CORP N CBOT 12/31/2003 13,757,719 3,167,296 4,547,734 9,209,985 96,38 AIG CLEARING CORPORATION N NYME 12/31/2003 181,237,101 250,000 11,592,232 169,644,869 9 ALARON TRADING CORPORATION N CME 12/31/2003 5,204,335 2,341,882 1,312,467 2,862,453 68,0

10 ALCO COMMODITIES INC N NFA 12/31/2003 455,354 250,000 0 205,354 11 AMERICAN NATIONAL TRADING CORP N NFA 12/31/2003 1,596,902 779,821 532,032 817,081 23,212 BANC OF AMERICA FUTURES Y CME 12/31/2003 60,468,027 8,037,039 42,596,840 17,871,187 200,913 BANC ONE CAPITAL MARKETS INC Y CBOT 12/31/2003 417,620,708 16,292,230 30,366,642 387,254,066 560,514 BARCLAYS CAPITAL INC Y CBOT 12/31/2003 425,308,588 86,442,187 132,162,259 293,146,329 1,930,915 BEAR STEARNS & CO INC Y CBOT 12/31/2003 1,763,633,985 58,422,989 0 1,705,210,996 16 BEAR STEARNS SECURITIES CORP Y CME 12/31/2003 3,323,327,217 928,926,145 126,105,744 2,394,401,072 1,820,117 BIELFELDT & COMPANY LLC N CBOT 12/31/2003 395,548 250,000 0 145,548 18 BLAYLOCK AND PARTNERS LP Y NFA 12/31/2003 7,958,732 404,869 0 7,553,863 19 BNP PARIBAS BROKERAGE SERVICES INC Y CME 12/31/2003 43,896,353 18,479,145 14,648,994 25,417,209 461,920 BNP PARIBAS COMMODITY FUTURES INC N NYME 12/31/2003 46,297,361 15,175,759 25,178,342 21,119,019 350,121 BNP PARIBAS SECURITIES CORP Y CBOT 12/31/2003 338,250,226 714,879 0 337,535,347 22 C CZARNIKOW SUGAR FUTURES INC N NFA 12/31/2003 1,530,362 250,000 125,116 1,280,362 1,123 CADENT FINANCIAL SERVICES LLC N CME 12/31/2003 4,424,388 250,000 118,065 4,174,388 5,124 CANTOR FITZGERALD & CO Y CBOT 12/31/2003 63,431,435 1,940,496 54,413 61,490,939 825 CAPITAL MARKET SERVICES LLC N NFA 12/31/2003 731,297 250,000 0 481,297 26 CARGILL INVESTOR SERVICES INC N CBOT 12/31/2003 86,802,437 51,715,380 68,176,659 18,625,778 1,317,927 CARR FUTURES INC Y CME 12/31/2003 226,557,418 148,001,859 182,408,571 44,148,847 3,412,728 CDC SECURITIES Y NFA 12/31/2003 80,423,404 250,000 0 80,173,404 29 CIBC WORLD MARKETS CORP Y CME 12/31/2003 804,412,447 60,562,004 568,169 743,850,443 30 CITIGROUP GLOBAL MARKETS INC. Y CBOT 12/31/2003 4,414,617,918 459,932,797 250,886,321 3,954,685,121 6,045,431 CLIFDEN FUTURES LLC N NFA 12/31/2003 540,454 264,799 34,125 275,655 8,932 CLIFF LARSON COMPANY THE N NFA 12/31/2003 390,156 250,000 47,613 140,156 2,433 CMC GROUP PLC N NFA 12/31/2003 9,380,103 250,000 0 9,130,103 

34 COESfx CLEARING INC N NFA 12/31/2003 527,054 250,000 0 277,054 35 COMMERZ FUTURES LLC N CME 12/31/2003 10,187,013 3,729,333 5,580,552 4,606,461 88,836 COUNTRY HEDGING INC N NFA 12/31/2003 6,648,969 1,438,915 2,609,274 4,039,695 38,737 CREDIT LYONNAIS ROUSE USA LIMITED N NYME 12/31/2003 30,726,424 4,207,538 13,378,719 17,347,705 107,038 CREDIT SUISSE FIRST BOSTON LLC Y CBOT 12/31/2003 3,440,697,522 145,009,651 122,597,501 3,295,687,871 1,723,539 CRESSWELL CAPITAL LLC N NFA 12/31/2003 1,673,267 433,063 537,965 1,135,302 11,040 CROSSLAND LLC N CBOT 12/31/2003 3,000,764 250,000 82,234 2,750,764 6,241 CUNNINGHAM COMMODITIES INC N CBOT 12/31/2003 1,698,669 340,243 230,601 1,358,426 8,442 DAIWA SECURITIES AMERICA INC Y CME 12/31/2003 170,932,793 2,764,750 2,383,061 168,168,043 42,043 DAVID A NOYES & CO Y NFA 12/31/2003 1,921,311 250,000 0 1,671,311 44 DEUTSCHE BANK SECURITIES INC Y CBOT 12/31/2003 2,133,591,642 97,918,478 193,182,979 1,940,408,663 1,759,745 DORMAN TRADING LLC N CME 12/31/2003 4,786,024 741,086 357,410 4,044,938 18,546 DUNAVANT COMMODITY CORP N NYCE 12/31/2003 22,882,575 1,263,945 1,984,732 20,897,843 38,6
SELECTED FCM FINANCIAL DATA 

FROM REPORTS FILED BY 

January 31, 2004

B/D? DSRO A/O Adjusted Net Capital Risk Based Excess Custom

Futures Commission Merchant Date Net Capital Requirement Requirement Net Capital Seg Req

(4% of Seg, SEC Capital 4d(2

(a) (b) or $250,000) (c) (d) (e) 

47 EAGLE MARKET MAKERS INC N CBOT 12/31/2003 1,885,727 250,000 47,495 1,635,727 3,848 ED &F MAN COMMODITY ADVISORS INC N NFA 12/31/2003 395,411 250,000 0 145,411 49 EM COMBS & SON N CBOT 12/31/2003 2,285,969 250,000 55,495 2,035,969 4,650 FARR FINANCIAL INC N NFA 12/31/2003 1,361,192 679,353 254,076 681,839 17,951 FC STONE LLC N CME 12/31/2003 17,451,603 9,755,884 11,019,361 6,432,242 301,052 FCT GROUP LLC N CME 12/31/2003 8,017,377 250,000 372,246 7,645,131 5,553 FIMAT USA INC Y CME 12/31/2003 235,216,898 127,168,784 145,502,146 89,714,752 3,389,854 FIRST CAPITOL GROUP LLC N NFA 12/31/2003 2,029,267 1,118,391 815,381 910,876 34,355 FIRST OPTIONS OF CHICAGO INC Y CME 12/26/2003 291,490,522 13,620,952 20,482,271 271,008,251 544,856 FOREX CAPITAL MARKETS LLC N NFA 12/31/2003 17,908,899 250,000 0 17,658,899 57 FORTIS CLEARING CHICAGO LLC N CBOT 12/31/2003 17,984,131 2,944,670 1,937,698 15,039,461 63,458 FRIEDBERG MERCANTILE GROUP INC N NFA 12/31/2003 1,809,055 250,000 76,550 1,559,055 4,959 FRONTIER FUTURES INC N NFA 12/31/2003 979,424 590,438 401,824 388,986 18,060 FUTURES CLEARING MERCHANT ONE INC. N NFA 12/31/2003 292,235 250,000 0 42,235 61 FUTURES TECH LLC N NFA 12/31/2003 420,791 250,000 0 170,791 62 FX SOLUTIONS LLC N NFA 12/31/2003 1,254,224 250,000 0 1,004,224 63 GAIN CAPITAL INC. N NFA 12/31/2003 7,012,659 250,000 0 6,762,659 64 GELBER GROUP LLC N CBOT 12/31/2003 16,527,841 667,423 200,776 15,860,418 17,565 GFS SECURITIES & FUTURES INC N NFA 12/31/2003 296,341 250,000 0 46,341 66 GILDER GAGNON HOWE AND CO LLC Y NFA 12/31/2003 28,707,183 250,000 0 28,457,183 67 GLOBAL FUTURES & FOREX LTD N NFA 12/31/2003 8,904,120 250,000 0 8,654,120 68 GOLDENBERG HEHMEYER & CO Y CBOT 12/31/2003 14,821,676 1,875,162 1,295,915 12,946,514 58,569 GOLDMAN SACHS & CO Y CBOT 12/26/2003 4,084,582,185 876,404,337 519,619,248 3,208,177,848 8,321,370 GREENWICH CAPITAL MARKETS INC Y CBOT 12/31/2003 626,514,000 25,382,000 19,493,520 601,132,000 260,671 HAGERTY GRAIN CO INC N CBOT 12/31/2003 1,770,572 393,809 100,652 1,376,763 9,972 HORNBLOWER FISCHER & CO Y NFA 12/31/2003 854,354 250,000 76,038 604,354 3,073 HOTSPOT FX INC N NFA 12/31/2003 2,352,004 250,000 0 2,102,004 74 HSBC SECURITIES USA INC Y CME 12/31/2003 274,059,708 19,500,387 41,608,582 232,451,126 489,475 IFSCL USA INC N NFA 12/31/2003 401,038 250,000 0 151,038 76 IFX MARKETS INC N NFA 12/31/2003 497,478 250,000 0 247,478 77 INTEGRATED BROKERAGE SERVICES INC N NFA 12/31/2003 1,139,230 250,000 83,361 889,230 1,478 INTERACTIVE BROKERS LLC Y NFA 12/31/2003 138,054,036 5,529,593 2,400,000 132,524,443 39,079 INVESTEC (US) INCORPORATED Y NFA 12/31/2003 19,452,117 250,000 0 19,202,117 80 IOWA GRAIN CO N CBOT 12/31/2003 8,955,140 4,231,201 4,364,125 4,591,015 128,5

81 ITAU SECURITIES INC N NFA 12/31/2003 2,409,778 250,000 0 2,159,778 82 JP MORGAN FUTURES INC N NYME 12/31/2003 561,155,451 243,492,987 353,751,358 207,404,093 5,952,683 JULIUS BAER SECURITIES INC Y NFA 12/31/2003 11,171,631 3,308,362 0 7,863,269 84 KJW LLC N NFA 12/31/2003 391,819 250,000 0 141,819 85 KOTTKE ASSOCIATES LLC N CBOT 12/31/2003 6,572,529 354,989 129,736 6,217,540 14,086 LADENBURG THALMANN & CO INC Y NFA 12/31/2003 6,744,805 250,000 0 6,494,805 87 LAWRENCE-BONFITTO TRADING COMPANY N CBOT 12/31/2003 2,736,172 250,000 23,173 2,486,172 4,488 LBS LIMITED PARTNERSHIP N CBOT 12/31/2003 438,621 250,000 0 188,621 89 LEADER INVESTMENTS INC Y NFA 12/31/2003 370,899 250,000 0 120,899 90 LEGG MASON WOOD WALKER INC Y NYME 12/31/2003 315,107,487 22,146,265 0 292,961,222 91 LEHMAN BROTHERS INC Y CBOT 12/31/2003 1,833,197,000 198,726,980 85,963,520 1,634,470,020 1,864,192 LINN GROUP ( THE ) N NFA 12/31/2003 475,636 250,000 0 225,636 93 LINSCO/PRIVATE LEDGER CORP Y NFA 12/31/2003 84,572,090 4,100,673 0 80,471,417 
SELECTED FCM FINANCIAL DATA 

FROM REPORTS FILED BY 

January 31, 2004

B/D? DSRO A/O Adjusted Net Capital Risk Based Excess Custom

Futures Commission Merchant Date Net Capital Requirement Requirement Net Capital Seg Req

(4% of Seg, SEC Capital 4d(2

(a) (b) or $250,000) (c) (d) (e) 

94 LOEB PARTNERS CORPORATION Y NFA 12/31/2003 26,997,597 250,000 0 26,747,597 95 MAN FINANCIAL INC N CME 12/31/2003 212,498,770 136,985,080 157,050,141 55,448,629 3,440,196 MARQUETTE ELECTRONIC BROKERAGE N NFA 12/31/2003 5,648,048 250,000 0 5,398,048 97 MAXCOR FINANCIAL INC Y NFA 12/31/2003 49,711,179 250,000 0 49,461,179 98 MBF CLEARING CORP N NYME 12/31/2003 7,238,077 2,894,710 901,492 4,343,367 74,499 MCVEAN TRADING AND INVESTMENTS LLC N NFA 12/31/2003 17,709,033 9,258,425 2,017,653 8,450,608 233,3

100 MERRILL LYNCH PIERCE FENNER & SMITH Y CBOT 12/26/2003 2,704,253,284 284,660,229 2,419,593,055 5,097,3101 MERRILL LYNCH PROFESSIONAL CLEARING Y NFA 12/26/2003 641,783,385 15,636,600 626,146,785 504,4102 MID-CO COMMODITIES INC N NFA 12/31/2003 3,697,707 430,621 978,803 2,718,904 12,2103 MITSUI & CO INVESTMENT PRODUTS CORP N NFA 12/31/2003 627,396 250,000 0 377,396 104 MIZUHO SECURITIES USA INC Y CME 12/31/2003 160,524,390 13,458,622 21,610,570 138,913,820 305,6105 MONEY GARDEN CORPORATION, THE N NFA 12/31/2003 3,980,777 250,000 0 3,730,777 106 MORGAN KEEGAN & COMPANY INC Y NFA 12/31/2003 247,009,626 11,414,775 0 235,594,851 107 MORGAN STANLEY & CO INCORPORATED Y CME 12/31/2003 3,336,100,590 766,301,041 347,008,738 2,569,799,549 3,047,0108 MORGAN STANLEY DW INC Y CBOT 12/31/2003 1,098,837,806 102,147,500 3,902,180 996,690,306 898,4109 NATIONAL COMMODITIES CORPORATION N NFA 12/31/2003 1,295,057 250,000 88,291 1,045,057 17,9110 NEUBERGER BERMAN LLC Y NFA 12/31/2003 292,126,875 19,956,078 638,226 272,170,797 18,7111 NIKKO SECURITIES CO INTERNATIONAL INC Y NFA 12/31/2003 13,909,970 250,000 0 13,659,970 112 NOMURA SECURITIES INTERNATIONAL INC Y CBOT 12/31/2003 486,383,589 11,086,733 878,011 475,296,856 116,9113 OANDA CORPORATION N NFA 12/31/2003 4,254,688 250,000 0 4,004,688 114 OCONNOR & COMPANY LLC Y CBOT 12/31/2003 39,877,985 2,500,000 1,583,997 37,377,985 68,5115 OPEN E CRY LLC N NYCE 12/31/2003 517,066 250,000 0 267,066 116 OPPENHEIMER & CO. INC. Y NFA 12/31/2003 150,708,747 22,465,583 0 128,243,164 9,9117 PATTERSON CAPITAL MARKETS LTD N CBOT 12/31/2003 783,952 250,000 0 533,952 118 PAX CLEARING CORPORATION Y CME 12/31/2003 41,257,113 2,085,481 3,368,401 37,888,712 66,9119 PENSON FINANCIAL FUTURES INC N NFA 12/31/2003 416,348 250,000 77,020 166,348 1,6120 PEREGRINE FINANCIAL GROUP INC N NFA 12/31/2003 18,546,419 3,582,975 378,134 14,963,444 121,5121 PERSHING LLC Y CBOT 12/31/2003 892,687,000 171,933,940 0 720,753,060 122 PIONEER FUTURES INC N NYME 12/31/2003 8,621,472 4,125,599 1,944,415 4,495,873 119,3123 PREFERRED TRADE INC Y NFA 12/31/2003 8,060,560 746,088 0 7,314,472 7124 PRUDENTIAL EQUITY GROUP INC Y CBOT 12/31/2003 518,952,000 50,210,400 61,414,080 457,537,920 1,219,6125 PRUDENTIAL FINANCIAL DERIVATIVES LLC N NFA 12/31/2003 1,000,100 250,000 0 750,100 126 QIX FUTURES INC N NFA 12/31/2003 478,055 250,000 0 228,055 127 QUALIFIED LEVERAGE PROVIDERS INC. N NFA 12/31/2003 1,321,846 250,000 0 1,071,846 

128 RAND FINANCIAL SERVICES INC N CME 12/31/2003 14,202,305 5,977,912 9,034,257 5,168,048 146,8129 RAYMOND JAMES & ASSOCIATES INC Y NFA 12/26/2003 358,178,139 22,948,274 21,403 335,229,865 130 RBC DAIN RAUSCHER INC Y NFA 12/31/2003 332,506,901 29,364,683 0 303,142,218 131 RBC DOMINION SECURITIES CORPORATION Y CME 12/31/2003 127,234,760 1,500,000 30,930,976 96,303,784 132 REDSKY SECURITIES LLC Y NFA 12/31/2003 558,644 250,000 0 308,644 133 REFCO LLC N CME 12/31/2003 226,311,409 123,140,227 132,466,861 93,844,548 3,341,5134 RJ OBRIEN ASSOCIATES INC N CME 12/31/2003 52,297,442 29,996,796 32,363,164 19,934,278 808,9135 ROBBINS FUTURES INC N NFA 12/31/2003 420,834 250,000 65,288 170,834 5,8136 ROBECO USA LLC Y NFA 12/31/2003 68,187,573 4,286,338 0 63,901,235 137 ROSENTHAL COLLINS GROUP LLC N CME 12/31/2003 37,979,715 13,911,164 12,876,047 24,068,551 391,0138 ROSENTHAL GLOBAL SECURITIES LLC Y CBOT 12/31/2003 8,065,548 1,464,280 0 6,601,268 139 ROTHSCHILD INC Y NFA 12/31/2003 29,241,264 250,000 0 28,991,264 140 SANFORD C BERNSTEIN & CO LLC Y NFA 12/31/2003 140,557,554 15,193,174 0 125,364,380 
SELECTED FCM FINANCIAL DATA 

FROM REPORTS FILED BY 

January 31, 2004

B/D? DSRO A/O Adjusted Net Capital Risk Based Excess Custom

Futures Commission Merchant Date Net Capital Requirement Requirement Net Capital Seg Req

(4% of Seg, SEC Capital 4d(2

(a) (b) or $250,000) (c) (d) (e) 

141 SENTINEL MANAGEMENT GROUP INC N NFA 12/31/2003 1,456,571 250,000 0 1,206,571 471,3142 SG COWEN SECURITIES CORPORATION Y NFA 12/31/2003 614,234,192 1,500,000 0 612,734,192 143 SHATKIN ARBOR KARLOV & CO N CBOT 12/31/2003 6,891,427 367,765 72,510 6,523,662 9,5144 SHAY GRAIN CLEARING COMPANY N KCBT 12/31/2003 755,356 250,000 15,016 505,356 2,3145 SHEPARD INTERNATIONAL INC N NFA 12/31/2003 2,070,545 250,000 0 1,820,545 146 SHERWOOD FUTURES GROUP LLC N NFA 12/31/2003 800,587 250,000 0 550,587 18,6147 SMW TRADING COMPANY INC N CME 12/31/2003 6,735,334 395,468 338,466 6,339,866 9,9148 SNC INVESTMENTS INC N NFA 12/31/2003 432,301 250,000 0 182,301 149 SOLID GOLD FINANCIAL SERVICES INC N NFA 12/31/2003 269,655 250,000 0 19,655 150 SPEAR LEEDS & KELLOG Y NFA 12/26/2003 1,095,341,341 37,714,493 5,133,819 1,057,626,848 235,0151 STEPHENS INC Y NFA 12/31/2003 74,661,934 9,617,170 0 65,044,764 152 STERLING COMMODITIES CORP N NYME 12/31/2003 5,155,573 752,343 246,351 4,403,230 18,2153 SWISS AMERICAN SECURITIES INC Y NFA 12/31/2003 71,530,742 3,309,100 0 68,221,642 154 TCA FUTURES LLC N NFA 12/31/2003 435,867 250,000 0 185,867 155 TENCO INC N CBOT 12/31/2003 26,567,837 2,012,734 3,126,544 23,441,293 68,8156 TIMBER HILL LLC Y CME 12/31/2003 379,537,290 1,719,468 3,312,460 376,224,830 43,0157 TOKYO-MITSUBISHI FUTURES USA INC N CME 12/31/2003 15,391,363 250,000 2,905,145 12,486,218 5,8158 TRADELINK LLC Y CBOT 12/31/2003 34,641,599 250,000 208,321 34,391,599 159 TRADESTATION SECURITIES INC Y NFA 12/31/2003 11,270,495 413,997 0 10,856,498 160 TRADITION SECURITIES AND FUTURES INC N NFA 12/31/2003 385,964 250,000 0 135,964 161 TRANSMARKET GROUP LLC Y CBOT 12/31/2003 15,586,594 250,000 0 15,336,594 162 TRILAND USA INC N NYME 12/31/2003 15,318,708 1,537,721 1,763,821 13,554,887 38,4163 UBS FINANCIAL SERVICES INC. Y CBOT 12/31/2003 1,284,461,181 224,415,186 22,518,168 1,060,045,995 1,264,4164 UBS SECURITIES LLC Y CBOT 12/31/2003 2,777,998,486 228,802,742 212,560,813 2,549,195,744 4,202,4165 UFJ FUTURES LLC N CME 12/31/2003 17,005,584 250,000 2,849,202 14,156,382 166 UNIVERSAL FINANCIAL HOLDING CORP N NFA 12/31/2003 632,685 250,000 150,595 382,685 3,4167 US BANCORP PIPER JAFFRAY INC Y NFA 12/31/2003 216,867,710 11,173,768 0 205,693,942 168 UTS WORLD INC N NFA 12/31/2003 491,859 250,000 0 241,859 169 VELOCITY FUTURES LP N NFA 12/31/2003 430,495 250,000 55,382 180,495 1,7170 VIEWTRADE SECURITIES INC. Y NFA 12/31/2003 650,486 445,000 0 205,486 171 VISION LIMITED PARTNERSHIP N NFA 12/31/2003 11,632,324 5,715,511 5,140,172 5,916,813 153,9172 WACHOVIA SECURITIES FINANCIAL Y NFA 12/31/2003 17,966,204 881,481 0 17,084,723 173 WACHOVIA SECURITIES LLC Y NFA 12/31/2003 641,847,000 64,934,260 0 576,912,740 174 WALL STREET DERIVATIVES INC N NFA 12/31/2003 390,421 250,000 0 140,421 

175 WHITE COMMERCIAL CORPORATION N NFA 12/31/2003 1,810,462 250,000 0 1,560,462 176 XPRESSTRADE LLC N NFA 12/31/2003 2,923,925 250,000 0 2,673,925 177 YORK BUSINESS ASSOCIATES LLC N CBOT 12/31/2003 1,748,411 250,000 0 1,498,411 4

Total 48,630,746,983 71,082,6November Web Page Update 173Additions 5

American Mutual Holding CorporationITAU Securities IncKJW LLCOpen E Cry LLCQualified Leverage Providers Inc
SELECTED FCM FINANCIAL DATA 

FROM REPORTS FILED BY 

January 31, 2004

B/D? DSRO A/O Adjusted Net Capital Risk Based Excess Custom

Futures Commission Merchant Date Net Capital Requirement Requirement Net Capital Seg Req

(4% of Seg, SEC Capital 4d(2

(a) (b) or $250,000) (c) (d) (e) 

Deletions 1Pacific Capital MarketsName ChangeDecember Web Page Update 177(a): B/D? : A 'Y' means the FCM is also 

registered with the Securities and Exchange

Commission as a securities broker or dealer(b): DSRO: Designated Self-Regulatory Organization(c): Risk-based net capital requirement is the 

sum total of 8% of customer, and 4% of

non-customer risk margin for domestic and

foreign future accounts (excluding proprietary

accounts). The risk based minimum requirement

applies to all FCMs which are a member of the National Futures Associationwas effective 10/31/00(d): Excess net capital is adjusted net capital, less the greater of the net capital requirement or riskbased requirement. (e): This represents the total amount of funds that an FCM is required to segregate on behalf of customers who are trading on commodity exchanges located in the United States. This is the sum of all accounts that contain a net liquidating equity.(f): This represents the amount of funds an FCM is required to set aside for customers who trade on commodity exchanges located outside of the United States. The amount to be set aside for a customer's foreign commodity account may be less than the net liquidating equity in the customer's account. 
SELECTED FCM FINANCIAL DATA 

FROM REPORTS FILED BY 

January 31, 2004

B/D? DSRO A/O Adjusted Net Capital Risk Based Excess Custom

Futures Commission Merchant Date Net Capital Requirement Requirement Net Capital Seg Req

(4% of Seg, SEC Capital 4d(2

(a) (b) or $250,000) (c) (d) (e) 

Note: Any errors in this table should be brought to the attention of the CFTC's Division of Clearing and and Intermediary Oversight via e-mail: fzimmerle@cftc.gov or sgreska@cftc.gov.