SELECTED FCM FINANCIAL DATA 

FROM REPORTS FILED BY 

July 31, 2004

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

Futures Commission Merchant Date Net Capital Requirement Requirement Net Capital 

(4% of Seg, SEC Capital 

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

1 ABN AMRO INCORPORATED Y CBOT 06/30/2004 950,073,728 67,224,929 112,335,389 837,738,339 2 ABN AMRO SAGE CORPORATION Y NFA 06/30/2004 122,964,447 1,086,113 1,086,113 121,878,334 3 ADM INVESTOR SERVICES INC N CBOT 06/30/2004 75,774,854 28,081,436 27,305,185 47,693,418 4 ADVANTAGE FUTURES LLC N CME 06/30/2004 10,097,426 3,166,536 1,539,708 6,930,890 5 ADVEST INC Y NFA 06/30/2004 45,105,361 1,000,000 0 44,105,361 6 AG EDWARDS & SONS INC Y CBOT 06/30/2004 649,208,967 45,242,922 4,844,473 603,966,045 7 AIG CLEARING CORPORATION N NYME 06/30/2004 180,772,591 250,000 17,106,844 163,665,747 8 ALARON TRADING CORPORATION N CME 06/30/2004 6,275,503 2,783,358 1,501,212 3,492,145 9 ALCO COMMODITIES INC N NFA 06/30/2004 456,805 250,000 0 206,805 

10 AMERICAN MUTUAL HOLDING CORPORATION N NFA 06/30/2004 391,745 250,000 0 141,745 11 AMERICAN NATIONAL TRADING CORP N NFA 06/30/2004 1,694,565 669,079 411,192 1,025,486 12 BACERA CORPORATION N NFA 06/30/2004 434,848 250,000 0 184,848 13 BANC OF AMERICA FUTURES INCORPORATED Y CME 06/30/2004 67,856,660 11,180,588 39,253,916 28,602,744 14 BANC ONE CAPITAL MARKETS INC Y CBOT 06/30/2004 237,027,313 19,320,635 33,338,139 203,689,174 15 BARCLAYS CAPITAL INC Y NYME 06/30/2004 406,461,423 102,459,307 159,023,848 247,437,575 16 BEAR STEARNS & CO INC Y NFA 06/30/2004 1,971,417,216 89,065,290 0 1,882,351,926 17 BEAR STEARNS SECURITIES CORP Y CME 06/30/2004 3,660,160,668 1,130,634,450 142,248,521 2,529,526,218 18 BIELFELDT & COMPANY LLC N CBOT 06/30/2004 404,122 250,000 0 154,122 19 BLAYLOCK AND PARTNERS LP Y NFA 06/30/2004 5,399,859 286,195 0 5,113,664 20 BNP PARIBAS BROKERAGE SERVICES INC Y CME 06/30/2004 41,192,118 16,690,840 18,923,846 22,268,272 21 BNP PARIBAS COMMODITY FUTURES INC N NYME 06/30/2004 48,659,083 10,471,235 22,073,015 26,586,068 22 BNP PARIBAS SECURITIES CORP Y CBOT 06/30/2004 234,385,748 13,909,094 0 220,476,654 23 C CZARNIKOW SUGAR FUTURES INC N NFA 06/30/2004 1,524,713 250,000 0 1,274,713 24 CADENT FINANCIAL SERVICES LLC N CME 06/30/2004 3,350,168 606,251 806,348 2,543,820 25 CAL FINANCIAL CORPORATION N NFA 06/30/2004 429,313 250,000 0 179,313 26 CALYON FINANCIAL INC Y CME 06/30/2004 283,686,216 162,608,536 224,468,424 59,217,792 27 CANTOR FITZGERALD & CO Y CBOT 06/30/2004 63,118,221 3,770,804 730,573 59,347,417 28 CAPITAL MARKET SERVICES LLC N NFA 06/30/2004 1,047,119 250,000 0 797,119 29 CARGILL INVESTOR SERVICES INC N CBOT 06/30/2004 84,421,279 47,645,138 62,909,751 21,511,528 30 CDC SECURITIES Y NFA 06/30/2004 78,209,604 250,000 0 77,959,604 31 CIBC WORLD MARKETS CORP Y CME 06/30/2004 843,115,390 33,717,635 15,009,519 809,397,755 32 CITIGROUP GLOBAL MARKETS INC. Y CBOT 06/30/2004 3,833,458,319 569,586,314 276,068,543 3,263,872,005 33 CLIFDEN FUTURES LLC N NFA 06/30/2004 718,803 427,447 199,228 291,356 34 CLIFF LARSON COMPANY THE N NFA 06/30/2004 551,125 250,000 42,502 301,125 35 CLR (USA) INC. N NYME 06/30/2004 30,388,249 250,000 0 30,138,249 36 CMC GROUP PLC N NFA 06/30/2004 6,956,907 250,000 0 6,706,907 37 COESfx CLEARING INC N NFA 06/30/2004 452,588 250,000 0 202,588 38 COMMERZ FUTURES LLC N CME 06/30/2004 16,372,752 4,197,214 6,881,326 9,491,426 39 COUNTRY HEDGING INC N NFA 06/30/2004 14,345,343 1,823,783 3,113,537 11,231,806 40 CREDIT SUISSE FIRST BOSTON LLC Y CBOT 06/30/2004 2,614,217,569 159,764,743 140,484,668 2,454,452,826 41 CRESSWELL CAPITAL LLC N NFA 06/30/2004 2,367,224 250,000 0 2,117,224 42 CROSSLAND LLC N CBOT 06/30/2004 2,867,974 300,362 168,943 2,567,612 43 CUNNINGHAM COMMODITIES INC N CBOT 06/30/2004 1,594,437 788,156 475,328 806,281 44 DAIWA SECURITIES AMERICA INC Y CME 06/30/2004 186,381,794 7,190,722 2,732,580 179,191,072 45 DAVID A NOYES & CO Y NFA 06/30/2004 2,576,523 250,000 0 2,326,523 46 DEUTSCHE BANK SECURITIES INC Y CBOT 06/30/2004 1,627,124,440 116,513,501 218,451,477 1,408,672,963 
SELECTED FCM FINANCIAL DATA 

FROM REPORTS FILED BY 

July 31, 2004

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

Futures Commission Merchant Date Net Capital Requirement Requirement Net Capital 

(4% of Seg, SEC Capital 

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

47 DORMAN TRADING LLC N CME 06/30/2004 4,764,662 629,072 249,315 4,135,590 48 DUNAVANT COMMODITY CORP N NYCE 06/30/2004 18,948,266 847,820 1,061,920 17,886,346 49 EAGLE MARKET MAKERS INC N CBOT 06/30/2004 2,130,473 305,930 162,504 1,824,543 50 ED &F MAN COMMODITY ADVISORS INC N NFA 06/30/2004 409,494 250,000 0 159,494 51 ELECTRONIC BROKERAGE SYSTEMS LLC N NFA 06/30/2004 2,583,219 250,000 0 2,333,219 52 FARR FINANCIAL INC N NFA 06/30/2004 1,291,666 777,503 329,957 514,163 53 FC STONE LLC N CME 06/30/2004 22,091,502 14,143,115 13,128,822 7,948,387 54 FCT GROUP LLC N CME 06/30/2004 9,038,037 250,000 419,370 8,618,667 55 FIMAT USA INC Y CME 06/30/2004 307,133,139 143,601,686 183,499,107 123,634,032 56 FIRST CAPITOL GROUP LLC N NFA 06/30/2004 3,677,225 2,021,354 1,673,935 1,655,871 57 FOREX CAPITAL MARKETS LLC N NFA 06/30/2004 26,021,353 250,000 0 25,771,353 58 FORTIS CLEARING CHICAGO LLC N CBOT 06/30/2004 18,312,357 4,460,756 4,198,123 13,851,601 59 FRIEDBERG MERCANTILE GROUP INC N NFA 06/30/2004 1,829,947 250,000 47,944 1,579,947 60 FRONTIER FUTURES INC N NFA 06/30/2004 1,306,647 585,793 464,110 720,854 61 FUTURES TECH LLC N NFA 06/30/2004 411,644 250,000 0 161,644 62 FX SOLUTIONS LLC N NFA 06/30/2004 803,809 250,000 0 553,809 63 GAIN CAPITAL INC N NFA 06/30/2004 10,193,570 250,000 0 9,943,570 64 GELBER GROUP LLC N CBOT 06/30/2004 19,503,007 845,795 219,656 18,657,212 65 GFS SECURITIES & FUTURES INC N NFA 06/30/2004 296,746 250,000 0 46,746 66 GILDER GAGNON HOWE AND CO LLC Y NFA 06/30/2004 19,636,383 250,000 0 19,386,383 67 GLOBAL FUTURES & FOREX LTD Y NFA 06/30/2004 9,669,851 3,241,516 0 6,428,335 68 GLOBAL FUTURES LLC N NFA 06/30/2004 375,966 250,000 0 125,966 69 GOLDENBERG HEHMEYER & CO Y CBOT 06/30/2004 9,593,479 2,038,473 1,674,777 7,555,006 70 GOLDMAN SACHS & CO Y CBOT 06/25/2004 4,559,929,127 1,047,439,012 526,083,930 3,512,490,115 71 GREENWICH CAPITAL MARKETS INC Y CBOT 06/30/2004 687,053,000 33,977,000 26,374,240 653,076,000 72 HAGERTY GRAIN CO INC N CBOT 06/30/2004 1,856,547 317,781 138,722 1,538,766 73 HORNBLOWER FISCHER & CO Y NFA 06/30/2004 463,174 250,000 40,559 213,174 74 HOTSPOT FX INC N NFA 06/30/2004 2,490,983 250,000 0 2,240,983 75 HSBC SECURITIES USA INC Y CME 06/30/2004 464,098,713 19,935,975 35,080,103 429,018,610 76 IFSCL USA INC N NFA 06/30/2004 807,870 250,000 0 557,870 77 IFX MARKETS INC N NFA 06/30/2004 475,900 250,000 0 225,900 78 INTEGRATED BROKERAGE SERVICES INC N NFA 06/30/2004 1,175,684 250,000 104,572 925,684 79 INTERACTIVE BROKERS LLC Y NFA 06/30/2004 94,943,337 6,515,062 4,573,661 88,428,275 80 INTERNATIONAL COMMODITY CLEARING N NFA 06/30/2004 1,182,022 250,000 96,521 932,022 81 INVESTEC (US) INCORPORATED Y NFA 06/25/2004 20,067,210 250,000 0 19,817,210 82 IOWA GRAIN CO N CBOT 06/30/2004 13,791,214 6,744,586 6,797,375 6,993,839 83 ITAU SECURITIES INC Y NFA 06/30/2004 2,356,892 250,000 0 2,106,892 84 JP MORGAN FUTURES INC N NYME 06/30/2004 654,631,605 214,784,146 310,601,563 344,030,042 85 JULIUS BAER SECURITIES INC Y NFA 06/30/2004 21,379,207 2,066,020 0 19,313,187 86 KJW LLC N NFA 06/30/2004 1,002,299 250,000 0 752,299 87 KOTTKE ASSOCIATES LLC N CBOT 06/30/2004 10,964,626 333,966 371,576 10,593,050 88 LADENBURG THALMANN & CO INC Y NFA 06/30/2004 3,450,920 250,000 0 3,200,920 89 LAWRENCE-BONFITTO TRADING COMPANY N CBOT 06/30/2004 2,504,100 296,934 59,680 2,207,166 90 LBS LIMITED PARTNERSHIP N CBOT 06/30/2004 687,319 250,000 0 437,319 91 LEADER INVESTMENTS INC Y NFA 06/30/2004 364,562 250,000 0 114,562 92 LEGG MASON WOOD WALKER INC Y NYME 06/30/2004 422,398,142 25,142,452 0 397,255,690 93 LEHMAN BROTHERS INC Y CBOT 06/30/2004 1,986,306,000 265,018,400 117,881,880 1,721,287,600 
SELECTED FCM FINANCIAL DATA 

FROM REPORTS FILED BY 

July 31, 2004

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

Futures Commission Merchant Date Net Capital Requirement Requirement Net Capital 

(4% of Seg, SEC Capital 

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

94 LINN GROUP ( THE ) N NFA 06/30/2004 383,173 250,000 0 133,173 95 LINSCO/PRIVATE LEDGER CORP Y NFA 06/30/2004 99,197,069 4,259,112 0 94,937,957 96 LOEB PARTNERS CORPORATION Y NFA 06/30/2004 27,549,018 250,000 0 27,299,018 97 MAN FINANCIAL INC N CME 06/30/2004 229,692,769 124,456,029 164,042,642 65,650,127 98 MARQUETTE ELECTRONIC BROKERAGE LLC N NFA 06/30/2004 1,093,709 250,000 0 843,709 99 MAXCOR FINANCIAL INC Y NFA 06/30/2004 41,898,148 250,000 0 41,648,148 

100 MBF CLEARING CORP N NYME 06/30/2004 7,772,207 2,832,881 1,756,013 4,939,326 101 MCVEAN TRADING AND INVESTMENTS LLC N NFA 06/30/2004 16,001,920 10,312,764 1,477,250 5,689,156 102 MERRILL LYNCH PIERCE FENNER & SMITH Y CBOT 06/25/2004 2,728,403,441 387,068,881 309,798,015 2,341,334,560 103 MERRILL LYNCH PROFESSIONAL CLEARING CO Y NFA 06/25/2004 616,498,968 22,312,364 46,630,050 569,868,918 104 MID-CO COMMODITIES INC N NFA 06/30/2004 4,034,912 1,306,063 1,356,903 2,678,009 105 MITSUI & CO INVESTMENT PRODUTS CORP N NFA 06/30/2004 692,583 250,000 0 442,583 106 MIZUHO SECURITIES USA INC Y CME 06/30/2004 142,092,389 14,768,998 18,452,775 123,639,614 107 MONEY GARDEN CORP N NFA 06/30/2004 3,474,568 250,000 0 3,224,568 108 MORGAN KEEGAN & COMPANY INC Y NFA 06/30/2004 260,916,749 12,182,431 0 248,734,318 109 MORGAN STANLEY & CO INCORPORATED Y CME 06/30/2004 2,664,556,955 864,833,860 218,878,006 1,799,723,095 110 MORGAN STANLEY DW INC Y CBOT 06/30/2004 1,206,452,203 129,726,424 4,607,878 1,076,725,779 111 NATIONAL COMMODITIES CORPORATION INC N NFA 06/30/2004 379,570 250,000 0 129,570 112 NEUBERGER BERMAN LLC Y NFA 06/30/2004 250,216,181 18,258,443 1,731,915 231,957,738 113 NIKKO SECURITIES CO INTERNATIONAL INC Y NFA 06/30/2004 37,055,615 250,000 0 36,805,615 114 NOMURA SECURITIES INTERNATIONAL INC Y CBOT 06/30/2004 417,118,713 13,096,817 1,131,340 404,021,896 115 OANDA CORPORATION N NFA 06/30/2004 8,248,048 250,000 0 7,998,048 116 OCONNOR & COMPANY LLC Y CBOT 06/30/2004 39,620,384 2,927,566 2,898,755 36,692,818 117 OMEGA RESEARCH CORPORATION Y NFA 06/30/2004 966,530 250,000 0 716,530 118 OPEN E CRY LLC N NFA 06/30/2004 723,661 250,000 135,097 473,661 119 OPPENHEIMER & CO INC Y NFA 06/30/2004 184,650,350 20,615,324 0 164,035,026 120 PATTERSON CAPITAL MARKETS LTD N CBOT 06/30/2004 751,123 250,000 0 501,123 121 PAX CLEARING CORPORATION Y CME 06/30/2004 62,126,997 2,286,742 5,010,277 57,116,720 122 PENSON FINANCIAL FUTURES INC N NFA 06/30/2004 444,491 250,000 75,856 194,491 123 PEREGRINE FINANCIAL GROUP INC N NFA 06/30/2004 12,217,326 3,542,400 721,930 8,674,926 124 PERSHING LLC Y CBOT 06/30/2004 993,369,000 173,104,380 0 820,264,620 125 PIONEER FUTURES INC N NYME 06/30/2004 8,091,627 4,292,848 2,387,881 3,798,779 126 PIPER JAFFRAY CO. Y NFA 06/30/2004 244,356,090 11,303,563 0 233,052,527 127 PREFERRED TRADE INC Y NFA 06/30/2004 10,262,507 795,329 0 9,467,178 128 PRUDENTIAL EQUITY GROUP LLC Y NFA 06/30/2004 327,267,000 250,000 0 327,017,000 129 PRUDENTIAL FINANCIAL DERIVATIVES LLC N CBOT 06/30/2004 100,717,985 48,905,360 72,279,560 28,438,425 130 QIX FUTURES INC N NFA 06/30/2004 446,575 250,000 0 196,575 131 QUALIFIED LEVERAGE PROVIDERS INC. N NFA 06/30/2004 5,401,974 250,000 0 5,151,974 132 RAND FINANCIAL SERVICES INC N CME 06/30/2004 16,226,712 4,655,012 10,305,204 5,921,508 133 RAYMOND JAMES & ASSOCIATES INC Y NFA 06/25/2004 360,968,436 24,908,044 281,520 336,060,392 134 RBC CAPITAL MARKETS CORPORATION Y CME 06/30/2004 247,890,040 1,500,000 29,230,706 218,659,334 135 RBC DAIN RAUSCHER INC Y NFA 06/30/2004 299,888,789 31,520,096 0 268,368,693 136 REDSKY SECURITIES LLC Y NFA 06/30/2004 624,073 250,000 0 374,073 137 REFCO LLC N CME 06/30/2004 248,269,604 130,147,774 135,715,238 112,554,366 138 RESOURCE TRADING & BROKERAGE LLC N NFA 06/30/2004 502,575 250,000 0 252,575 139 RJ OBRIEN ASSOCIATES INC N CME 06/30/2004 55,810,962 32,338,357 40,518,189 15,292,773 140 ROBBINS FUTURES INC N NFA 06/30/2004 456,230 250,000 73,621 206,230 
SELECTED FCM FINANCIAL DATA 

FROM REPORTS FILED BY 

July 31, 2004

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

Futures Commission Merchant Date Net Capital Requirement Requirement Net Capital 

(4% of Seg, SEC Capital 

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

141 ROBECO USA LLC Y NFA 06/25/2004 42,576,218 1,500,000 0 41,076,218 142 ROSENTHAL COLLINS GROUP LLC N CME 06/30/2004 34,008,452 14,072,427 12,356,708 19,936,025 143 ROSENTHAL GLOBAL SECURITIES LLC Y CBOT 06/30/2004 9,250,883 892,560 0 8,358,323 144 SAFEGUARD FINANCIAL HOLDINGS, LLC N NFA 06/30/2004 414,934 250,000 0 164,934 145 SANFORD C BERNSTEIN & CO LLC Y NFA 06/30/2004 131,218,538 15,979,658 0 115,238,880 146 SENTINEL MANAGEMENT GROUP INC N NFA 06/30/2004 622,287 250,000 0 372,287 147 SHATKIN ARBOR KARLOV & CO N CBOT 06/30/2004 3,693,166 574,342 237,381 3,118,824 148 SHAY GRAIN CLEARING COMPANY N KCBT 06/30/2004 820,694 250,000 208,715 570,694 149 SHEPARD INTERNATIONAL INC N NFA 06/30/2004 2,037,713 250,000 0 1,787,713 150 SHERWOOD FUTURES GROUP LLC N NFA 06/30/2004 639,245 250,000 0 389,245 151 SMW TRADING COMPANY INC N CME 06/30/2004 7,836,069 539,153 378,393 7,296,916 152 SNC INVESTMENTS INC N NFA 06/30/2004 339,726 250,000 0 89,726 153 SOLID GOLD FINANCIAL SERVICES INC N NFA 06/30/2004 364,468 250,000 0 114,468 154 SPEAR LEEDS & KELLOG Y CME 06/25/2004 962,132,875 29,100,464 5,273,931 933,032,411 155 SPENCER FINANCIAL LLC N NFA 06/30/2004 267,306 250,000 0 17,306 156 STEPHENS INC Y NFA 06/25/2004 72,458,865 11,395,337 0 61,063,528 157 STERLING COMMODITIES CORP N NYME 06/30/2004 6,375,030 1,231,043 385,586 5,143,987 158 SWISS AMERICAN SECURITIES INC Y NFA 06/30/2004 84,743,686 4,255,997 0 80,487,689 159 TCA FUTURES LLC N NFA 06/30/2004 411,322 250,000 0 161,322 160 TENCO INC N CBOT 06/30/2004 24,571,058 4,196,794 3,960,840 20,374,264 161 TERRA NOVA TRADING LLC Y NFA 06/30/2004 9,678,115 1,099,767 0 8,578,348 162 TIMBER HILL LLC Y CME 06/30/2004 434,640,977 2,244,985 4,574,069 430,066,908 163 TOKYO-MITSUBISHI FUTURES USA INC N CME 06/30/2004 15,048,770 250,000 1,484,806 13,563,964 164 TOWER RESEARCH CAPITAL EUROPE LLC N NFA 06/30/2004 1,333,091 250,000 0 1,083,091 165 TRADELINK LLC Y CBOT 06/30/2004 14,510,715 250,000 506,496 14,004,219 166 TRADESTATION SECURITIES INC Y NFA 06/30/2004 11,753,463 581,168 0 11,172,295 167 TRADITION SECURITIES AND FUTURES INC N NFA 06/30/2004 381,925 250,000 0 131,925 168 TRANSMARKET GROUP LLC Y CBOT 06/30/2004 12,958,899 250,000 0 12,708,899 169 TRILAND USA INC N NYME 06/30/2004 22,266,738 2,081,322 2,198,288 20,068,450 170 UBS FINANCIAL SERVICES INC Y CBOT 06/30/2004 1,357,350,332 205,553,250 17,247,197 1,151,797,082 171 UBS SECURITIES LLC Y CBOT 06/30/2004 3,007,373,314 336,556,506 216,318,732 2,670,816,808 172 UFJ FUTURES LLC N CME 06/30/2004 15,581,489 250,000 1,506,833 14,074,656 173 UNIVERSAL FINANCIAL HOLDING CORP N NFA 06/30/2004 811,685 250,000 129,168 561,685 174 VELOCITY FUTURES LP N NFA 06/30/2004 2,482,253 436,196 0 2,046,057 175 VIEWTRADE SECURITIES INC Y NFA 06/30/2004 888,358 396,000 0 492,358 176 VISION LIMITED PARTNERSHIP N NFA 06/30/2004 13,246,479 6,878,566 6,942,374 6,304,105 177 WACHOVIA CAPITAL MARKETS LLC Y NFA 06/30/2004 335,407,342 3,013,671 0 332,393,671 178 WACHOVIA SECURITIES FINANCIAL NETWORK L Y NFA 06/30/2004 13,633,586 1,537,158 0 12,096,428 

179 WACHOVIA SECURITIES LLC Y NFA 06/30/2004 778,813,000 59,408,460 0 719,404,540 180 WALL STREET DERIVATIVES INC N NFA 06/30/2004 432,415 250,000 0 182,415 181 WESTMINSTER S&D LTD N NFA 06/30/2004 1,127,054 250,000 0 877,054 182 WHITE COMMERCIAL CORPORATION N NFA 06/30/2004 1,781,410 250,000 0 1,531,410 183 XPRESSTRADE LLC N NFA 06/30/2004 3,695,201 250,000 0 3,445,201 184 YORK BUSINESS ASSOCIATES LLC N CBOT 06/30/2004 788,637 250,000 6,184 538,637 

Total 47,286,441,747 May Web Page Update 182
SELECTED FCM FINANCIAL DATA 

FROM REPORTS FILED BY 

July 31, 2004

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

Futures Commission Merchant Date Net Capital Requirement Requirement Net Capital 

(4% of Seg, SEC Capital 

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

Additions 2Omega Research CorporationBacera CorporationDeletions 0Name ChangeNoneJune Web Page Update 184(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 Association was 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 
SELECTED FCM FINANCIAL DATA 

FROM REPORTS FILED BY 

July 31, 2004

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

Futures Commission Merchant Date Net Capital Requirement Requirement Net Capital 

(4% of Seg, SEC Capital 

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

be less than the net liquidating equity in the customer's account. 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.