Global Futures and Options Volume Based on the number of contracts traded and/or cleared at 75 exchanges worldwide Jan-Jun 2010 Jan-Jun 2011 % Change Futures 5,699,350,602 6,098,780,118 7.0% Options 5,554,279,670 6,303,756,977 13.5% Combined 11,253,630,272 12,402,537,095 10.2% Global Futures and Options Volume by Category Based on the number of contracts traded and/or cleared at 75 exchanges worldwide Category Jan-Jun 2010 Jan-Jun 2011 % Change Equity Indices 3,652,436,829 4,165,573,156 14.0% Individual Equities 3,321,680,770 3,525,365,778 6.1% Interest Rate 1,659,822,751 1,853,103,765 11.6% Currency 1,239,830,113 1,513,070,121 22.0% Agricultural 582,725,097 529,586,361-9.1% Energy 358,956,748 416,243,993 16.0% Non-Precious Metals 305,385,168 190,368,816-37.7% Precious Metals 85,081,442 127,485,550 49.8% Other 47,711,354 81,739,555 71.3% Total 11,253,630,272 12,402,537,095 10.2% Note: Energy includes contracts based on emissions. Other includes contracts based on commodity indices, credit, fertilizer, housing, inflation, lumber, plastics and weather. 33.6% Equity Index 28.4% Individual Equity 14.9% Interest Rate 12.2% Currency 4.3% Agricultural 3.4% Energy 2.6% Metals 0.7% Other Global Futures and Options Volume by Region Based on the number of contracts traded and/or cleared at 75 exchanges worldwide Region Jan-Jun 2010 Jan-Jun 2011 % Change Asia Pacific 4,219,219,638 4,910,040,190 16.4% North America 3,667,716,433 4,044,279,567 10.3% Europe 2,424,782,425 2,496,454,785 3.0% Latin America 776,584,053 782,262,574 0.7% Other 165,327,723 169,499,979 2.5% Total 11,253,630,272 12,402,537,095 10.2% Note: Location of exchanges is determined by country of registration. Other consists of exchanges in Dubai, Israel, South Africa, and Turkey. 39.6% Asia Pacific 32.6% North America 20.1% Europe 6.3% Latin America 1.4% Other Futures Industry November 2011 1
Global Futures and Options Volume Top 30 Derivatives Exchanges Based on the number of contracts traded and/or cleared at 76 exchanges worldwide Ranked by number of contracts traded and/or cleared Jan-Sep 2009 Jan-Sep 2010 % Change Futures Rank Exchange 5,956,788,720 8,295,818,619 39.3% Jan-Jun 2010 Jan-Jun 2011 % Change Options 1 Korea Exchange 7,842,239,006 8,106,156,921 3.4% 1,781,536,153 2,123,575,352 19.2% Combined 2 CME Group (includes 13,799,027,726 CBOT and Nymex) 16,401,975,540 18.9% 1,571,345,534 1,707,753,108 8.7% 3 Eurex (includes ISE) 1,485,540,933 1,420,888,471-4.4% 4 NYSE Euronext (includes U.S. and EU markets) 1,210,532,100 1,168,876,566-3.4% Global Futures and Options Volume by Category 5 National Stock Exchange of India 783,897,711 1,047,731,045 33.7% Based 6 on the BM&FBovespa number of contracts traded and/or cleared at 76 exchanges worldwide 727,962,093 733,931,021 0.8% 7 Nasdaq OMX (includes U.S. and Nordic markets) 508,472,210 653,287,503 28.5% Category Jan-Sep 2009 Jan-Sep 2010 % Change 8 CBOE Group (includes CFE and C2) 612,331,131 595,206,770-2.8% Equity Indices 4,969,091,023 5,405,438,385 8.8% 9 Multi Commodity Exchange of India (includes MCX-SX) 555,360,573 567,633,623 2.2% Individual Equity 4,730,954,526 4,687,569,316-0.9% 10 Russian Trading Systems Stock Exchange 280,759,882 443,900,690 58.1% Interest Rates 1,833,294,878 2,418,049,740 31.9% 11 Zhengzhou Commodity Exchange Currencies 672,493,623 1,786,643,407 165.7% 226,682,862 217,579,224-4.0% 12 IntercontinentalExchange (includes U.S., U.K. and Canadian markets) Agricultural 617,662,385 859,858,629 39.2% 166,580,118 191,307,472 14.8% Energy 13 United Stock Exchange of 489,173,249 India* 543,043,023 11.0% 0 159,830,552 N/A Non-Precious 14 Shanghai MetalsFutures Exchange 304,126,154 494,108,752 62.5% 300,419,287 128,535,221-57.2% Precious 15 Metals Dalian Commodity Exchange 107,779,390 122,662,768 13.8% 144,999,370 123,879,623-14.6% Other 16 Osaka Securities Exchange 74,452,498 84,601,520 13.6% 95,208,268 99,400,936 4.4% Total 17 Taiwan Futures Exchange 13,799,027,726 16,401,975,540 18.9% 70,437,941 91,753,682 30.3% Note: 18 Energy includes ASX Group contracts (includes based on ASX emissions. and ASX Other 24) includes contracts based on commodity indices, credit, fertilizer, housing, inflation, lumber, plastics and weather. 19 JSE South Africa 51,956,059 88,839,624 89,671,192 88,722,085 72.6% -0.1% 20 Tokyo Financial Exchange 60,130,699 78,760,821 31.0% 21 London Metal Exchange 59,304,271 68,596,673 15.7% 22 BATS Options Exchange ** 5,085,623 65,045,565 1179.0% 23 Hong Kong Exchanges and Clearing 53,137,284 64,926,387 22.2% 24 Boston Options Exchange 41,482,550 58,403,758 40.8% 25 Tel-Aviv Stock Exchange 42,183,472 46,178,385 9.5% 26 London Stock Exchange Group 44,110,695 45,051,935 2.1% 27 Mercado Español de Futuros y Opciones Financieros 34,249,998 36,446,621 6.4% 28 Singapore Exchange (includes Sicom and AsiaClear) 30,230,663 34,937,472 15.6% 29 Turkish Derivatives Exchange 33,942,492 34,215,156 0.8% 30 Bourse de Montréal 21,937,811 30,823,273 40.5% * Began trading in August 2010 ** Began trading in February 2010 2 Futures Industry www.futuresindustry.com
Exchange Groups Futures and options volume broken down by subsidiary exchanges Exchange Jan-Jun 2010 Jan-Jun 2011 % Change Bolsa de Valores de São Paulo 424,313,489 393,892,307-7.2% Bolsa de Mercadorias & Futuros 303,648,604 340,038,714 12.0% BM&F Bovespa 727,962,093 733,931,021 0.8% Chicago Mercantile Exchange 875,149,358 887,578,218 1.4% Chicago Board of Trade 443,287,350 538,402,330 21.5% New York Mercantile Exchange 252,908,826 281,772,560 11.4% CME Group 1,571,345,534 1,707,753,108 8.7% Eurex 1,079,957,531 1,043,507,791-3.4% International Securities Exchange 405,583,402 377,380,680-7.0% Eurex 1,485,540,933 1,420,888,471-4.4% ICE Futures Europe 109,331,702 135,108,621 23.6% ICE Futures U.S. 54,894,403 53,747,631-2.1% ICE Futures Canada 2,083,927 2,399,952 15.2% Chicago Climate Futures Exchange 270,086 51,268-81.0% IntercontinentalExchange * 166,580,118 191,307,472 14.8% * does not include OTC transactions IDEM (Italy) 26,668,441 27,145,465 1.8% Turquoise Derivatives (U.K.) 17,442,254 17,906,470 2.7% London Stock Exchange Group 44,110,695 45,051,935 2.1% Nasdaq OMX PHLX 398,716,172 495,564,739 24.3% Nasdaq Options Market (U.S.) 54,445,110 101,188,866 85.9% Nasdaq OMX (Nordic markets) 54,725,288 56,119,868 2.5% Nasdaq OMX Commodities * 585,640 414,030-29.3% Nasdaq OMX 508,472,210 653,287,503 28.5% * formerly Nord Pool NYSE Liffe Europe 723,203,586 630,050,938-12.9% NYSE Amex Options 212,135,411 295,988,134 39.5% NYSE Arca Options 272,764,116 234,460,839-14.0% NYSE Liffe U.S. 2,428,987 8,376,655 244.9% NYSE Euronext 1,210,532,100 1,168,876,566-3.4% Singapore Exchange 30,163,117 34,777,702 15.3% SGX AsiaClear 67,546 159,770 136.5% Singapore Exchange 30,230,663 34,937,472 15.6% Futures Industry November 2011 3
Top 30 Futures Commission Merchants Based on Value of Customer Funds Held for Trading in U.S. Futures Markets Rank Company Name June 2010 June 2011 % Change 1 Newedge USA LLC 18,458,347,911 21,605,917,392 17.1% 2 Goldman Sachs & Co 18,636,948,633 19,645,003,755 5.4% 3 Deutsche Bank Securities Inc 12,324,809,981 15,360,607,847 24.6% 4 JP Morgan Securities LLC * 14,610,123,074 13,821,203,399-5.4% 5 Citigroup Global Markets Inc 10,787,368,317 10,314,769,599-4.4% 6 Merrill Lynch Pierce Fenner & Smith 8,186,746,771 9,953,582,274 21.6% 7 UBS Securities LLC 9,190,696,362 8,846,773,031-3.7% 8 MF Global Inc 6,904,478,636 8,095,636,170 17.3% 9 Barclays Capital Inc 4,362,284,066 5,298,882,437 21.5% 10 Credit Suisse Securities (USA) LLC 4,450,438,644 4,836,626,966 8.7% 11 Morgan Stanley & Co LLC 4,317,170,484 4,546,440,441 5.3% 12 ADM Investor Services Inc 1,874,994,897 2,917,691,104 55.6% 13 RJ OBrien Associates LLC 1,675,028,332 2,787,258,500 66.4% 14 Prudential Bache Commodities LLC 2,318,782,000 2,757,787,000 18.9% 15 Merrill Lynch Professional Clearing Corp 787,832,071 2,030,066,931 157.7% 16 ABN Amro Clearing Chicago LLC ** 1,023,238,297 2,006,194,961 96.1% 17 RBS Securities Inc 1,396,406,000 1,598,803,000 14.5% 18 Rosenthal Collins Group LLC 1,109,649,462 1,550,741,098 39.8% 19 BNP Paribas Commodity Futures Inc 1,190,343,921 1,445,360,888 21.4% 20 FCStone LLC 822,548,499 1,441,567,018 75.3% 21 HSBC Securities USA Inc 1,013,291,087 1,171,750,388 15.6% 22 Goldman Sachs Execution & Clearing LP 1,331,191,187 988,909,287-25.7% 23 Macquarie Futures USA Inc 672,270,489 848,326,619 26.2% 24 McVean Trading & Investments LLC 577,873,516 838,510,617 45.1% 25 Interactive Brokers LLC 518,837,442 768,436,035 48.1% 26 Penson Futures 502,284,095 767,742,651 52.9% 27 Mizuho Securities USA Inc 653,739,278 688,396,543 5.3% 28 Morgan Stanley Smith Barney LLC 617,810,657 562,428,141-9.0% 29 Timber Hill LLC 420,457,131 537,348,008 27.8% 30 Santander Investment Securities Inc 0 512,765,353 NA Total Customer Funds Held by All FCMs 135,434,318,705 153,881,560,188 13.6% * Previously registered as JP Morgan Futures Inc. ** Previously registered as Fortis Clearing Americas LLC Note: Ranking based on the total amount of funds that futures commission merchants are required to segregate on behalf of customers trading on a U.S. futures market. FCMs owned by the same holding company have not been consolidated. Source: Commodity Futures Trading Commission 4 Futures Industry www.futuresindustry.com
Top 20 Agricultural Futures & Options Contracts 1 Cotton No. 1 Futures, ZCE 5 tonnes 16,751,685 103,279,560 516.5% 2 White Sugar Futures, ZCE 10 tonnes 179,571,600 57,275,902-68.1% 3 Rubber Futures, SHFE 5 tons 87,681,046 47,730,375-45.6% 4 Corn Futures, CBOT 5,000 bushels 30,093,129 44,038,055 46.3% 5 Soy Oil Futures, DCE 10 tonnes 31,510,863 28,623,584-9.2% 6 Soybean Futures, CBOT 5,000 bushels 17,423,367 22,812,629 30.9% 7 Soy Meal Futures, DCE 10 tonnes 48,593,907 21,392,478-56.0% 8 Corn Futures, DCE 10 tonnes 7,476,845 15,523,481 107.6% 9 Sugar #11 Futures, ICE Futures U.S. 50 long tons 15,528,786 14,734,811-5.1% 10 Corn Options on Futures, CBOT 5,000 bushels 7,179,591 14,444,373 101.2% 11 Wheat Futures, CBOT 5,000 bushels 10,493,427 13,813,800 31.6% 12 Soybean Oil Futures, CBOT 60,000 pounds 9,732,177 12,558,859 29.0% 13 Palm Oil Futures, DCE 10 tonnes 20,804,172 11,203,148-46.1% 14 No. 1 Soybean Futures, DCE 10 tonnes 15,526,278 10,942,155-29.5% 15 Soybean Meal Futures, CBOT 100 short tons 6,922,679 8,358,954 20.7% 16 Live Cattle Futures, CME 40,000 pounds 5,704,575 6,943,320 21.7% 17 Soybean Options on Futures, CBOT 5,000 bushels 4,160,164 6,311,762 51.7% 18 Strong Gluten Wheat Futures, ZCE 10 tonnes 512,263 5,941,048 1059.8% 19 Lean Hogs Futures, CME 40,000 pounds 3,954,233 4,998,841 26.4% 20 Guar Seed Futures, NCDEX 10 tonnes 5,159,152 4,001,949-22.4% Top 20 Energy Futures & Options Contracts 1 WTI Crude Oil Futures, Nymex 1,000 barrels 86,445,213 94,410,889 9.2% 2 Brent Crude Oil Futures, ICE Futures Europe 1,000 barrels 50,644,612 65,314,014 29.0% 3 Natural Gas Futures, Nymex 10,000 million BTU 30,132,572 39,082,452 29.7% 4 ICE Gasoil Futures, ICE Futures Europe 100 tonnes 25,328,659 32,239,489 27.3% 5 WTI Crude Oil Futures, ICE Futures Europe 1,000 barrels 26,891,832 28,995,412 7.8% 6 Crude Oil Futures, MCX 100 barrels 17,368,633 23,493,813 35.3% 7 Crude Oil Options on Futures, Nymex 1,000 barrels 17,161,233 20,010,250 16.6% 8 U.S. Oil Fund ETF Options * NA 8,262,014 17,336,725 109.8% 9 NY Harbor RBOB Gasoline Futures, Nymex 42,000 gal 13,830,316 15,635,616 13.1% 10 No. 2 Heating Oil Futures, Nymex 42,000 gal 13,457,170 15,428,659 14.7% 11 Nat. Gas European-Style Opt. on Fut., Nymex 10,000 million BTU 11,942,043 12,454,029 4.3% 12 Brent Crude Oil Futurers, RTS 10 barrels 4,867,040 11,135,686 128.8% 13 Henry Hub Swap Futures, Nymex 2,500 million BTU 10,193,353 10,602,315 4.0% 14 U.S. Natural Gas Fund ETF Options * NA 10,786,579 8,331,225-22.8% 15 Natural Gas Futures, MCX 1,250 million BTU 4,139,070 4,531,277 9.5% 16 Natural Gas Penultimate Swap Fut., Nymex 2,500 million BTU 4,672,413 3,609,071-22.8% 17 WTI Crude Oil Futures, NCDEX 100 barrels 28,147 2,929,544 10308.0% 18 EUA Futures, ICE Futures Europe 1,000 EUAs 2,377,886 2,495,755 5.0% 19 Fuel Oil Futures, SHFE 10 tonnes 5,396,037 1,785,645-66.9% 20 WTI Crude Oil 1 Month CSO Opt. on Fut., Nymex 1,000 barrels 781,833 1,654,696 111.6% * Traded on multiple U.S. options exchanges Futures Industry November 2011 5
Top 20 Equity Index Futures & Options Contracts Rank Contract Index Multiplier Jan-Jun 2010 Jan-Jun 2011 % Change 1 Kospi 200 Options, KRX 100,000 Korean won 1,671,466,852 2,008,082,595 20.1% 2 S&P CNX Nifty Index Options, NSE India 100 Indian rupees 221,430,570 404,017,571 82.5% 3 SPDR S&P 500 ETF Options * NA 219,409,316 288,117,455 31.3% 4 E-mini S&P 500 Index Futures, CME 50 U.S. dollars 299,603,623 270,461,007-9.7% 5 Euro Stoxx 50 Index Futures, Eurex 10 Euros 205,280,712 183,401,694-10.7% 6 RTS Index Futures, RTS 2 U.S. dollars 109,825,863 153,328,205 39.6% 7 Euro Stoxx 50 Index Options, Eurex 10 Euros 152,096,740 152,150,133 0.0% 8 S&P 500 Index Options, CBOE 100 U.S. dollars 97,902,251 83,754,830-14.5% 9 S&P CNX Nifty Index Futures, NSE India 100 Indian rupees 79,554,314 77,636,696-2.4% 10 ishares Russell 2000 ETF Options * NA 64,876,523 75,352,463 16.1% 11 Taiex Options, Taifex 50 New Taiwan dollars 47,959,889 65,940,124 37.5% 12 Powershares QQQ ETF Options * NA 69,092,398 62,785,085-9.1% 13 Nikkei 225 Mini Futures, OSE 100 Yen 59,981,264 58,154,889-3.0% 14 CBOE Volatility Index Options, CBOE 100 U.S. dollars 30,167,137 47,676,557 58.0% 15 Kospi 200 Futures, KRX 500,000 Korean won 44,825,483 41,278,694-7.9% 16 TA-25 Index Options, TASE 100 New Israeli shekels 36,895,429 39,586,927 7.3% 17 ishares MSCI Emerging Markets ETF Options * NA 31,129,065 36,319,356 16.7% 18 E-mini Nasdaq 100 Futures, CME 20 U.S. dollars 41,997,576 35,523,400-15.4% 19 Dax Options, Eurex 5 Euros 42,653,315 33,092,564-22.4% 20 Financial Select Sector SPDR ETF Options * NA 40,517,454 27,554,099-32.0% * Traded on multiple U.S. options exchanges Top 20 Foreign Exchange Futures & Options Contracts 1 U.S. Dollar/Indian Rupee Futures, NSE India 1,000 USD 386,131,044 451,131,810 16.8% 2 U.S. Dollar/Indian Rupee Futures, MCX-SX 1,000 USD 418,076,958 419,768,829 0.4% 3 U.S. Dollar/Indian Rupee Futures, USE India * 1,000 USD 0 152,856,486 NA 4 U.S. Dollar/Russian Ruble Futures, RTS 1,000 USD 29,357,815 74,847,134 154.9% 5 Euro FX Futures, CME 125,000 Euro 44,058,501 41,907,217-4.9% 6 U.S. Dollar Futures, BM&F 50,000 USD 45,466,325 39,727,520-12.6% 7 U.S. Dollar Futures, KRX 10,000 USD 30,340,324 32,209,140 6.2% 8 Australian Dollar/Japanese Yen Futures, TFX 10,000 AUD 18,686,974 22,632,050 21.1% 9 U.S. Dollar Futures, Rofex 1,000 USD 28,064,646 21,799,950-22.3% 10 Euro/U.S. Dollar Futures, RTS 1,000 Euro 9,510,741 20,701,866 117.7% 11 U.S. Dollar/Japanese Yen Futures, TFX 10,000 USD 11,963,186 17,838,657 49.1% 12 Japanese Yen Futures, CME 12,500,000 Yen 16,341,893 16,178,368-1.0% 13 British Pound Futures, CME 62,500 GBP 16,463,049 15,404,087-6.4% 14 Euro/Japanese Yen Futures, TFX 10,000 Euro 10,148,555 14,098,876 38.9% 15 Euro/Indian Rupee Futures, MCX-SX 1,000 Euro 33,922,211 14,070,759-58.5% 16 Australian Dollar Futures, CME 100,000 AUD 13,735,413 13,680,279-0.4% 17 Canadian Dollar Futures, CME 100,000 AUD 11,197,348 10,686,211-4.6% 18 U.S. Dollar Rollover Futures, BM&F 50,000 USD 9,193,950 9,877,574 7.4% 19 Euro/Indian Rupee Futures, NSE India 1,000 Euro 11,280,872 9,405,074-16.6% 20 British Pound/Japanese Yen Futures, TFX 10,000 GBP 10,675,210 7,700,236-27.9% * Began trading in September 2010 6 Futures Industry www.futuresindustry.com
Top 20 Interest Rate Futures & Options Contracts 1 Eurodollar Futures, CME 1,000,000 USD 268,701,142 314,671,103 17.1% 2 10 Year Treasury Note Futures, CBOT 100,000 USD 141,461,355 162,502,559 14.9% 3 One Day Inter-Bank Deposit Futures, BM&F 100,000 Real 137,402,877 154,061,339 12.1% 4 Euribor Futures, Liffe 1,000,000 Euro 135,281,010 130,156,043-3.8% 5 Euro-Bund Futures, Eurex 100,000 Euro 117,724,085 123,087,847 4.6% 6 Euro-Schatz Futures, Eurex 100,000 Euro 77,934,808 92,022,512 18.1% 7 5 Year Treasury Note Futures, CBOT 100,000 USD 65,283,435 89,512,255 37.1% 8 Euro-Bobl Futures, Eurex 100,000 Euro 70,475,005 78,435,579 11.3% 9 Short Sterling Futures, Liffe 500,000 GBP 64,578,955 68,697,659 6.4% 10 IDI Index Options, BM&F 1 Real 44,981,483 61,600,391 36.9% 11 Euribor Options on Futures, Liffe 500,000 GBP 77,216,803 52,038,128-32.6% 12 Eurodollar Mid-Curve Options on Futures, CME 1,000,000 USD 35,790,411 49,118,862 37.2% 13 Eurodollar Options, CME 1,000,000 USD 61,386,687 45,888,708-25.2% 14 30 Year Treasury Bond Futures, CBOT 100,000 USD 40,102,111 45,765,439 14.1% 15 2 Year Treasury Note Futures, CBOT 200,000 USD 38,852,040 41,309,294 6.3% 16 10 Year Treasury Note Opt. on Futures, CBOT 100,000 USD 23,342,457 27,531,229 17.9% 17 3 Year Treasury Bond Futures, ASX 24 100,000 AUD 16,818,774 22,166,935 31.8% 18 ID x US Dollar Spread FRA, BM&F 50,000 USD 9,492,702 18,028,666 89.9% 19 Euro-Schatz Options on Futures, Eurex 100,000 Euro 9,772,294 17,485,386 78.9% 20 Long Gilt, Liffe 100,000 GBP 13,995,090 16,570,577 18.4% Top 20 Metals Futures & Options Contracts 1 ishares Silver Trust ETF Options * NA 6,264,189 51,107,439 715.9% 2 Steel Rebar Futures, SHFE 10 tonnes 111,608,968 36,501,970-67.3% 3 SPDR Gold Shares ETF Options * NA 26,287,213 32,458,119 23.5% 4 Zinc Futures, SHFE 5 tonnes 55,657,255 26,818,783-51.8% 5 High Grade Primary Aluminum Futures, LME 25 tonnes 22,556,248 26,590,515 17.9% 6 Comex Gold Futures, Nymex 100 ounces 23,357,073 23,156,697-0.9% 7 Silver M Futures, MCX 5 kilograms 9,305,184 20,929,594 124.9% 8 Copper Grade A Futures, LME 25 tonnes 14,775,552 16,451,110 11.3% 9 Copper Futures, MCX-SX 1 tonne 15,879,465 15,084,610-5.0% 10 Silver Futures, MCX 30 kilograms 6,885,457 12,825,889 86.3% 11 Silver Micro Futures, MCX ** 1 kilogram 0 12,600,201 NA 12 Comex Silver Futures, Nymex 5,000 ounces 5,582,228 12,034,701 115.6% 13 Copper Futures, SHFE 5 tonnes 28,041,569 11,896,560-57.6% 14 Special High Grade Zinc Futures, LME 25 tonnes 9,125,684 10,423,424 14.2% 15 Nickel Futures, MCX 250 kilograms 9,897,449 7,060,023-28.7% 16 Gold M Futures, MCX 100 gram 7,960,581 6,857,485-13.9% 17 Gold Futures, Tocom 1 kilogram 6,620,811 6,676,958 0.8% 18 Comex Copper Futures, Nymex 25,000 pounds 5,409,315 5,954,455 10.1% 19 Gold Futures, RTS 1 ounce 1,647,511 5,526,266 235.4% 20 Standard Lead Futures, LME 25 tonnes 3,731,642 5,324,349 42.7% * Traded on multiple U.S. options exchanges ** Began trading in February 2011 Futures Industry November 2011 7