SELECTED FCM FINANCIAL DATA 

FROM REPORTS FILED BY 

December 31, 2003

1 of 6

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

Futures Commission Merchant Date Net Capital Requirement Requirement Net Capital Seg Required Amount 

(4% of Seg, SEC Capital 4d(2) Pt. 30 Required 

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

1 ABN AMRO INCORPORATED Y CBOT 11/30/2003 1,258,060,139 163,260,785 116,069,854 1,094,799,354 1,843,936,564 89,375,506

2 ABN AMRO SAGE CORPORATION Y NFA 11/30/2003 28,632,035 3,087,215 3,087,216 25,544,819 66,761,836 0

3 ADM INVESTOR SERVICES INC N CBOT 11/30/2003 70,395,488 22,592,916 22,730,960 47,664,528 586,307,131 12,213,925

4 ADVANTAGE FUTURES LLC N CME 11/30/2003 5,956,422 2,575,427 1,409,995 3,380,995 62,741,209 9,405,211

5 ADVEST INC Y NFA 11/30/2003 53,579,529 1,000,000 0 52,579,529 0 0

6 AG EDWARDS & SONS INC Y CBOT 11/30/2003 596,423,499 44,982,538 4,294,383 551,440,961 96,172,220 4,782

7 AGE COMMODITY CLEARING CORP N CBOT 11/30/2003 13,651,008 3,009,527 4,218,717 9,432,291 87,441,979 0

8 AIG CLEARING CORPORATION N NYME 11/30/2003 181,345,127 250,000 8,928,860 172,416,267 0 0

9 ALARON TRADING CORPORATION N CME 11/30/2003 4,620,880 2,266,444 1,341,514 2,354,436 64,768,008 127,485

10 ALCO COMMODITIES INC N NFA 11/30/2003 472,786 250,000 0 222,786 0 0

11 AMERICAN NATIONAL TRADING CORP N NFA 11/30/2003 1,283,342 712,543 498,761 570,799 20,517,552 0

12 BANC OF AMERICA FUTURES INCORPORATED Y CME 11/30/2003 58,614,725 7,930,679 39,218,110 19,396,615 198,266,970 0

13 BANC ONE CAPITAL MARKETS INC Y CBOT 11/30/2003 346,086,179 11,344,818 24,926,716 321,159,463 433,167,297 47,051,623

14 BARCLAYS CAPITAL INC Y CBOT 11/28/2003 363,078,672 82,963,736 139,555,315 223,523,357 1,864,351,856 266,122,490

15 BEAR STEARNS & CO INC Y CBOT 10/31/2003 1,982,581,886 46,110,465 0 1,936,471,421 0 0

16 BEAR STEARNS SECURITIES CORP Y CME 10/31/2003 3,208,495,526 916,619,572 109,350,046 2,291,875,954 1,788,388,969 312,623,596

17 BIELFELDT & COMPANY LLC N CBOT 11/30/2003 405,462 250,000 0 155,462 0 0

18 BLAYLOCK AND PARTNERS LP Y NFA 11/30/2003 12,532,811 302,197 0 12,230,614 0 0

19 BNP PARIBAS BROKERAGE SERVICES INC Y CME 11/30/2003 40,526,410 20,120,413 17,329,414 20,405,997 503,010,315 0

20 BNP PARIBAS COMMODITY FUTURES INC N NYME 11/30/2003 50,736,821 9,063,224 17,721,705 33,015,116 232,826,231 16,817,419

21 BNP PARIBAS SECURITIES CORP Y CBOT 11/30/2003 234,289,181 414,045 0 233,875,136 0 0

22 C CZARNIKOW SUGAR FUTURES INC N NFA 11/30/2003 1,631,812 250,000 149,521 1,381,812 1,787,443 0

23 CADENT FINANCIAL SERVICES LLC N CME 11/30/2003 4,711,788 250,000 65,909 4,461,788 3,438,424 0

24 CANTOR FITZGERALD & CO Y CBOT 11/30/2003 61,011,193 1,000,000 1,031,244 59,979,949 948,179 0

25 CAPITAL MARKET SERVICES LLC N NFA 11/30/2003 1,514,988 250,000 0 1,264,988 0 0

26 CARGILL INVESTOR SERVICES INC N CBOT 11/30/2003 89,489,042 49,825,908 64,605,439 24,883,603 1,236,251,636 88,162,043

27 CARR FUTURES INC Y CME 11/30/2003 236,750,411 144,242,491 200,386,079 36,364,332 3,444,672,738 1,577,212,202

28 CDC SECURITIES Y NFA 11/30/2003 79,193,951 250,000 0 78,943,951 0 0

29 CIBC WORLD MARKETS CORP Y CME 11/30/2003 828,734,317 30,858,919 10,714,994 797,875,398 0 0

30 CITIGROUP GLOBAL MARKETS INC. Y CBOT 11/30/2003 4,700,053,341 486,555,257 238,205,603 4,213,498,084 5,910,903,883 73,314,139

31 CLIFDEN FUTURES LLC N NFA 11/30/2003 474,147 250,000 1,337 224,147 4,450,936 0

32 CLIFF LARSON COMPANY THE N NFA 11/30/2003 562,403 250,000 38,060 312,403 2,830,754 0

33 CMC GROUP PLC N NFA 11/30/2003 7,294,606 250,000 0 7,044,606 0 0

34 COESfx CLEARING INC N NFA 11/30/2003 391,183 250,000 0 141,183 0 0

35 COMMERZ FUTURES LLC N CME 11/30/2003 5,376,778 4,336,505 6,506,727 -1,129,949 122,362,401 4,530,693

36 COUNTRY HEDGING INC N NFA 11/30/2003 6,591,080 1,460,133 2,664,250 3,926,830 39,102,346 29,671

37 CREDIT LYONNAIS ROUSE USA LIMITED N NYME 11/30/2003 30,880,316 4,214,696 15,749,603 15,130,713 113,335,736 375,479

38 CREDIT SUISSE FIRST BOSTON LLC Y CBOT 11/30/2003 2,933,102,123 144,165,792 112,151,753 2,788,936,331 1,690,801,337 484,587,027

39 CRESSWELL CAPITAL LLC N NFA 11/30/2003 1,265,934 358,240 0 907,694 9,810,933 44,517

40 CROSSLAND LLC N CBOT 11/30/2003 3,464,396 325,117 104,601 3,139,279 8,127,916 0

41 CUNNINGHAM COMMODITIES INC N CBOT 11/30/2003 1,765,468 390,604 256,104 1,374,864 9,703,278 71,551

42 DAIWA SECURITIES AMERICA INC Y CME 11/30/2003 169,657,185 2,389,568 2,903,492 166,753,693 50,068,963 962,228

43 DAVID A NOYES & CO Y NFA 11/30/2003 2,039,820 250,000 0 1,789,820 0 0
SELECTED FCM FINANCIAL DATA 

FROM REPORTS FILED BY 

December 31, 2003

2 of 6

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

Futures Commission Merchant Date Net Capital Requirement Requirement Net Capital Seg Required Amount 

(4% of Seg, SEC Capital 4d(2) Pt. 30 Required 

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

44 DEUTSCHE BANK SECURITIES INC Y CBOT 11/28/2003 2,345,454,531 94,770,116 179,151,953 2,166,302,578 1,518,274,646 534,208,485

45 DORMAN TRADING LLC N CME 11/30/2003 4,835,197 728,170 386,172 4,107,027 18,204,246 0

46 DUNAVANT COMMODITY CORP N NYCE 09/30/2003 20,321,229 951,272 785,938 19,369,957 34,983,344 0

47 EAGLE MARKET MAKERS INC N CBOT 11/30/2003 1,939,784 250,000 59,289 1,689,784 3,813,122 20,030

48 ED &F MAN COMMODITY ADVISORS INC N NFA 11/30/2003 396,428 250,000 0 146,428 0 0

49 EM COMBS & SON N CBOT 11/30/2003 2,351,996 250,000 44,397 2,101,996 5,048,248 0

50 FARR FINANCIAL INC N NFA 11/30/2003 1,257,419 680,512 274,063 576,907 17,691,565 136,363

51 FC STONE LLC N CME 11/30/2003 18,539,502 9,148,636 10,996,652 7,542,850 282,004,831 637,077

52 FCT GROUP LLC N CME 11/30/2003 7,707,809 250,000 638,641 7,069,168 8,194,147 40,000

53 FIMAT USA INC Y CME 11/30/2003 215,733,510 115,696,757 143,604,284 72,129,226 3,151,323,744 649,224,272

54 FIRST CAPITOL GROUP LLC N NFA 11/30/2003 2,124,246 1,155,415 641,016 968,831 33,278,245 33,064

55 FIRST OPTIONS OF CHICAGO INC Y CME 10/31/2003 255,709,345 10,008,144 20,303,439 235,405,906 466,254,944 5,648,067

56 FOREX CAPITAL MARKETS LLC N NFA 11/30/2003 19,106,533 250,000 0 18,856,533 0 0

57 FORTIS CLEARING CHICAGO LLC N CBOT 11/30/2003 17,564,287 3,118,562 1,895,361 14,445,725 68,722,926 10,943,617

58 FRIEDBERG MERCANTILE GROUP INC N NFA 11/30/2003 1,782,494 250,000 44,547 1,532,494 4,679,731 42,495

59 FRONTIER FUTURES INC N NFA 11/30/2003 1,091,172 567,034 459,893 524,138 17,529,376 0

60 FUTURES TECH LLC N NFA 11/30/2003 371,807 250,000 0 121,807 0 0

61 FX SOLUTIONS LLC N NFA 11/30/2003 1,253,007 250,000 0 1,003,007 0 0

62 GAIN CAPITAL INC. N NFA 11/30/2003 4,364,624 250,000 0 4,114,624 0 0

63 GELBER GROUP LLC N CBOT 11/30/2003 14,902,054 772,667 353,449 14,129,387 20,189,820 219,274

64 GFS SECURITIES & FUTURES INC N NFA 11/30/2003 335,119 250,000 0 85,119 0 0

65 GILDER GAGNON HOWE AND CO LLC Y NFA 11/30/2003 33,872,135 250,000 0 33,622,135 0 0

66 GLOBAL FUTURES & FOREX LTD N NFA 11/30/2003 9,627,454 250,000 0 9,377,454 0 0

67 GOLDENBERG HEHMEYER & CO Y CBOT 11/30/2003 15,280,725 1,864,875 1,372,376 13,415,850 56,781,772 4,473,242

68 GOLDMAN SACHS & CO Y CBOT 10/31/2003 4,317,661,733 830,229,750 454,163,373 3,487,431,983 8,023,462,808 3,535,814,529

69 GREENWICH CAPITAL MARKETS INC Y CBOT 11/30/2003 848,041,000 25,382,000 20,253,360 822,659,000 313,662,000 6,040,000

70 HAGERTY GRAIN CO INC N CBOT 11/30/2003 1,796,196 275,311 74,014 1,520,885 6,986,605 0

71 HORNBLOWER FISCHER & CO Y NFA 11/30/2003 960,850 250,000 70,163 710,850 3,058,375 0

72 HOTSPOT FX INC N NFA 11/30/2003 2,362,796 250,000 0 2,112,796 0 0

73 HSBC SECURITIES USA INC Y CME 11/30/2003 318,400,028 17,448,129 39,611,402 278,788,626 434,573,117 32,261,942

74 IFSCL USA INC N NFA 11/30/2003 388,063 250,000 0 138,063 64,083 0

75 IFX MARKETS INC N NFA 11/30/2003 498,442 250,000 0 248,442 0 0

76 INTEGRATED BROKERAGE SERVICES INC N NFA 11/30/2003 1,176,221 250,000 92,008 926,221 1,616,044 0

77 INTERACTIVE BROKERS LLC Y NFA 11/30/2003 130,164,271 4,864,062 2,478,227 125,300,209 29,188,564 8,854,018

78 INVESTEC ERNST & COMPANY Y NFA 11/28/2003 12,865,381 250,000 0 12,615,381 0 0

79 IOWA GRAIN CO N CBOT 11/30/2003 8,501,625 4,024,788 4,023,926 4,476,837 111,421,843 148,727

80 JP MORGAN FUTURES INC N NYME 11/30/2003 558,505,596 224,595,667 355,201,083 203,304,513 5,565,261,055 723,525,168

81 JULIUS BAER SECURITIES INC Y NFA 11/28/2003 13,259,498 4,501,011 0 8,758,487 0 0

82 KOTTKE ASSOCIATES LLC N CBOT 11/30/2003 7,012,323 317,193 154,756 6,695,130 13,229,301 4,898

83 LADENBURG THALMANN & CO INC Y NFA 11/30/2003 8,562,669 250,000 0 8,312,669 0 0

84 LAWRENCE-BONFITTO TRADING COMPANY N CBOT 11/30/2003 2,879,252 250,000 32,973 2,629,252 4,744,482 0

85 LBS LIMITED PARTNERSHIP N CBOT 11/30/2003 420,970 250,000 0 170,970 0 0

86 LEADER INVESTMENTS INC Y NFA 11/30/2003 392,091 250,000 0 142,091 0 0

87 LEGG MASON WOOD WALKER INC Y NYME 11/30/2003 358,154,805 22,777,177 0 335,377,628 0 0
SELECTED FCM FINANCIAL DATA 

FROM REPORTS FILED BY 

December 31, 2003

3 of 6

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

Futures Commission Merchant Date Net Capital Requirement Requirement Net Capital Seg Required Amount 

(4% of Seg, SEC Capital 4d(2) Pt. 30 Required 

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

88 LEHMAN BROTHERS INC Y CBOT 11/30/2003 2,032,852,000 180,327,660 130,711,080 1,852,524,340 1,855,819,000 60,666,000

89 LINN GROUP ( THE ) N NFA 11/30/2003 466,576 250,000 0 216,576 0 0

90 LINSCO/PRIVATE LEDGER CORP Y NFA 11/30/2003 87,683,617 3,906,417 0 83,777,200 0 0

91 LOEB PARTNERS CORPORATION Y NFA 11/30/2003 22,327,714 250,000 0 22,077,714 0 0

92 MAN FINANCIAL INC N CME 11/30/2003 205,218,482 116,964,920 133,564,544 71,653,938 2,962,445,670 567,650,580

93 MARQUETTE ELECTRONIC BROKERAGE LLC N NFA 11/30/2003 5,655,031 250,000 0 5,405,031 0 0

94 MAXCOR FINANCIAL INC Y NFA 11/30/2003 47,028,661 250,000 0 46,778,661 0 0

95 MBF CLEARING CORP N NYME 11/30/2003 6,747,555 2,667,877 1,110,315 4,079,678 69,414,873 292,423

96 MCVEAN TRADING AND INVESTMENTS LLC N NFA 11/30/2003 17,970,746 11,678,801 1,538,289 6,291,945 300,568,998 0

97 MERRILL LYNCH PIERCE FENNER & SMITH Y CBOT 11/28/2003 2,722,489,900 269,785,333 260,260,362 2,452,704,567 5,392,232,799 631,095,435

98 MERRILL LYNCH PROFESSIONAL CLEARING CORP Y NFA 11/28/2003 582,720,621 13,178,783 32,618,680 550,101,941 425,676,452 0

99 MID-CO COMMODITIES INC N NFA 11/30/2003 3,558,821 459,040 1,079,821 2,479,000 12,575,849 0

100 MITSUI & CO INVESTMENT PRODUTS CORP N NFA 11/30/2003 642,417 250,000 0 392,417 0 0

101 MIZUHO SECURITIES USA INC Y CME 11/30/2003 157,238,062 15,726,846 25,900,457 131,337,605 363,478,523 39,125,474

102 MONEY GARDEN CORPORATION, THE N NFA 11/30/2003 3,561,498 250,000 0 3,311,498 0 0

103 MORGAN KEEGAN & COMPANY INC Y NFA 11/30/2003 251,314,926 10,935,735 0 240,379,191 0 0

104 MORGAN STANLEY & CO INCORPORATED Y CME 11/30/2003 3,778,024,193 734,755,405 186,388,652 3,043,268,788 2,425,737,898 1,225,435,329

105 MORGAN STANLEY DW INC Y CBOT 11/30/2003 1,056,301,503 101,153,616 6,023,184 955,147,887 821,021,763 1,439,566,707

106 NATIONAL COMMODITIES CORPORATION INC N NFA 11/28/2003 1,178,135 250,000 82,017 928,135 14,115,624 0

107 NEUBERGER BERMAN LLC Y NFA 11/30/2003 319,839,196 19,150,826 679,896 300,688,370 32,877,788 0

108 NIKKO SECURITIES CO INTERNATIONAL INC Y NFA 11/30/2003 13,912,005 250,000 0 13,662,005 0 0

109 NOMURA SECURITIES INTERNATIONAL INC Y CBOT 11/30/2003 522,299,021 8,271,162 935,494 514,027,859 105,481,329 12,237

110 OANDA CORPORATION N NFA 11/30/2003 4,086,137 250,000 0 3,836,137 0 0

111 OCONNOR & COMPANY LLC Y CBOT 11/30/2003 37,824,160 2,500,000 1,654,096 35,324,160 71,496,966 527,431

112 OPPENHEIMER & CO. INC. Y NFA 11/30/2003 136,213,934 21,988,123 0 114,225,812 8,741,283 0

113 PACIFIC CAPITAL MARKETS N NFA 10/31/2003 422,606 250,000 0 172,606 0 0

114 PATTERSON CAPITAL MARKETS LTD N CBOT 11/30/2003 931,987 250,000 0 681,987 0 0

115 PAX CLEARING CORPORATION Y CME 11/30/2003 43,115,870 2,141,115 5,230,139 37,885,731 69,443,467 0

116 PENSON FINANCIAL FUTURES INC N NFA 11/30/2003 410,141 250,000 55,996 160,141 1,285,456 0

117 PEREGRINE FINANCIAL GROUP INC N NFA 11/30/2003 19,388,160 3,531,647 716,163 15,856,513 112,288,824 1,229,940
SELECTED FCM FINANCIAL DATA 

FROM REPORTS FILED BY 

December 31, 2003

4 of 6

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

Futures Commission Merchant Date Net Capital Requirement Requirement Net Capital Seg Required Amount 

(4% of Seg, SEC Capital 4d(2) Pt. 30 Required 

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

118 PERSHING LLC Y CBOT 11/30/2003 630,917,000 168,232,880 0 462,684,120 0 0

119 PIONEER FUTURES INC N NYME 11/30/2003 8,616,617 3,783,326 2,100,309 4,833,291 109,146,514 453,504

120 PREFERRED TRADE INC Y NFA 11/30/2003 8,800,849 672,667 0 8,128,182 771,244 0

121 PRUDENTIAL EQUITY GROUP INC Y CBOT 11/30/2003 549,266,000 47,872,000 49,048,280 500,217,720 1,189,980,000 117,269,000

122 PRUDENTIAL FINANCIAL DERIVATIVES LLC N NFA 11/30/2003 1,000,100 250,000 0 750,100 0 0

123 QIX FUTURES INC N NFA 11/30/2003 481,372 250,000 0 231,372 0 0

124 RAND FINANCIAL SERVICES INC N CME 11/30/2003 14,452,305 5,955,944 9,147,831 5,304,474 141,705,700 18,473,800

125 RAYMOND JAMES & ASSOCIATES INC Y NFA 11/28/2003 347,299,634 22,630,876 31,189 324,668,758 0 0

126 RBC DAIN RAUSCHER INC Y NFA 11/30/2003 359,327,812 29,084,355 0 330,243,457 0 0

127 RBC DOMINION SECURITIES CORPORATION Y CME 11/30/2003 143,787,301 1,500,000 45,229,703 98,557,598 0 0

128 REDSKY SECURITIES LLC Y NFA 11/30/2003 679,417 250,000 0 429,417 0 0

129 REFCO LLC N CME 11/30/2003 207,323,300 116,394,832 126,694,089 80,629,211 3,136,275,618 88,731,124

130 RJ OBRIEN ASSOCIATES INC N CME 11/28/2003 46,067,860 26,544,431 26,536,206 19,523,429 724,057,874 4,342,662

131 ROBBINS FUTURES INC N NFA 11/30/2003 451,987 250,000 50,036 201,987 5,660,608 0

132 ROBECO USA LLC Y NFA 11/28/2003 74,839,372 6,335,007 0 68,504,365 0 0

133 ROSENTHAL COLLINS GROUP LLC N CME 11/30/2003 39,455,052 14,435,403 12,215,847 25,019,649 417,205,768 1,966,016

134 ROSENTHAL GLOBAL SECURITIES LLC Y CBOT 11/30/2003 16,041,080 1,377,052 0 14,664,028 0 0

135 ROTHSCHILD INC Y NFA 11/30/2003 24,270,526 250,000 0 24,020,526 0 0

136 SANFORD C BERNSTEIN & CO LLC Y NFA 11/30/2003 156,160,230 13,779,859 0 142,380,371 0 0

137 SENTINEL MANAGEMENT GROUP INC N NFA 11/30/2003 1,376,137 250,000 0 1,126,137 525,767,171 0

138 SG COWEN SECURITIES CORPORATION Y NFA 11/30/2003 620,638,011 1,500,000 0 619,138,011 0 0

139 SHATKIN ARBOR KARLOV & CO N CBOT 11/30/2003 6,336,876 403,087 90,501 5,933,789 11,033,696 66,733

140 SHAY GRAIN CLEARING COMPANY N KCBT 09/30/2003 813,266 250,000 12,188 563,266 2,801,733 0

141 SHEPARD INTERNATIONAL INC N NFA 11/30/2003 2,305,325 250,000 0 2,055,325 0 0

142 SHERWOOD FUTURES GROUP LLC N NFA 11/30/2003 952,778 250,000 0 702,778 15,212,314 0

143 SMW TRADING COMPANY INC N CME 11/28/2003 5,027,094 576,016 514,847 4,451,078 14,763,215 4,731

144 SNC INVESTMENTS INC N NFA 11/30/2003 374,565 250,000 0 124,565 0 0

145 SOLID GOLD FINANCIAL SERVICES INC N NFA 11/30/2003 264,595 250,000 0 14,595 0 0

146 SPEAR LEEDS & KELLOG Y NFA 10/31/2003 1,104,420,442 49,042,495 4,995,022 1,055,377,947 218,898,996 6,238,867

147 STEPHENS INC Y NFA 11/28/2003 71,012,629 9,495,757 0 61,516,872 0 0

148 STERLING COMMODITIES CORP N NYME 11/30/2003 5,325,451 816,143 145,965 4,509,308 19,860,890 781,170

149 SWISS AMERICAN SECURITIES INC Y NFA 11/30/2003 73,839,051 3,531,842 0 70,307,209 0 0

150 TCA FUTURES LLC N NFA 11/30/2003 389,033 250,000 0 139,033 0 0
SELECTED FCM FINANCIAL DATA 

FROM REPORTS FILED BY 

December 31, 2003

5 of 6

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

Futures Commission Merchant Date Net Capital Requirement Requirement Net Capital Seg Required Amount 

(4% of Seg, SEC Capital 4d(2) Pt. 30 Required 

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

151 TENCO INC N CBOT 11/30/2003 30,357,798 1,861,833 2,974,158 27,383,640 61,424,345 0

152 TIMBER HILL LLC Y CME 11/30/2003 336,451,760 1,472,472 2,612,919 333,838,841 36,905,508 0

153 TOKYO-MITSUBISHI FUTURES USA INC N CME 11/30/2003 15,353,781 250,000 3,484,440 11,869,341 5,847,380 0

154 TRADELINK LLC Y CBOT 11/30/2003 48,207,961 250,000 292,956 47,915,005 0 0

155 TRADESTATION SECURITIES INC Y NFA 11/30/2003 11,067,641 403,980 0 10,663,661 0 0

156 TRADITION SECURITIES AND FUTURES INC N NFA 11/30/2003 385,796 250,000 0 135,796 0 0

157 TRANSMARKET GROUP LLC Y CBOT 11/30/2003 13,037,339 250,000 0 12,787,339 0 0

158 TRILAND USA INC N NYME 11/30/2003 16,330,782 1,422,692 1,452,910 14,877,872 35,567,297 0

159 UBS FINANCIAL SERVICES INC. Y CBOT 11/30/2003 1,527,972,150 225,261,337 20,884,509 1,302,710,813 1,177,618,957 57,849,671

160 UBS SECURITIES LLC Y CBOT 11/30/2003 2,904,146,091 185,879,721 206,192,257 2,697,953,834 3,387,687,442 1,032,127,990

161 UFJ FUTURES LLC N CME 11/30/2003 23,324,083 250,000 3,154,143 20,169,940 0 0

162 UNIVERSAL FINANCIAL HOLDING CORP N NFA 11/30/2003 696,959 250,000 139,741 446,959 3,646,413 0

163 US BANCORP PIPER JAFFRAY INC Y NFA 11/30/2003 216,818,605 11,280,468 0 205,538,137 0 0

164 UTS WORLD INC N NFA 11/30/2003 491,859 250,000 0 241,859 0 0

165 VELOCITY FUTURES LP N NFA 11/30/2003 673,780 250,000 0 423,780 1,377,871 61,985

166 VIEWTRADE SECURITIES INC. Y NFA 11/30/2003 622,850 394,000 0 228,850 0 0

167 VISION LIMITED PARTNERSHIP N NFA 11/30/2003 13,619,045 5,659,943 5,158,641 7,959,102 149,281,765 5,472

168 WACHOVIA SECURITIES FINANCIAL NETWORK LLC Y NFA 11/30/2003 16,803,270 1,484,343 0 15,318,927 0 0

169 WACHOVIA SECURITIES LLC Y NFA 11/30/2003 790,235,000 67,783,220 0 722,451,780 0 0

170 WALL STREET DERIVATIVES INC N NFA 11/30/2003 421,246 250,000 0 171,246 26,849 0

171 WHITE COMMERCIAL CORPORATION N NFA 11/30/2003 1,813,439 250,000 0 1,563,439 0 0

172 XPRESSTRADE LLC N NFA 11/30/2003 2,921,492 250,000 0 2,671,492 0 0

173 YORK BUSINESS ASSOCIATES LLC N CBOT 11/30/2003 1,960,234 250,000 0 1,710,234 485,467 0

Total 49,843,100,130 67,149,211,221 13,789,281,136

October Web Update 175

Additions

QIX Futures Inc 1

Deletions

ISB Clearing Corporation 3

RB&H Financial Services LP

BNY Clearing Services LLC

November Web Page Update 173
SELECTED FCM FINANCIAL DATA 

FROM REPORTS FILED BY 

December 31, 2003

6 of 6

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

Futures Commission Merchant Date Net Capital Requirement Requirement Net Capital Seg Required Amount 

(4% of Seg, SEC Capital 4d(2) Pt. 30 Required 

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

(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 

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.