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FTSE Mondo Visione Exchanges Index:

Block Orders Now Available For NYBOT'S Russell 2000® And Russell 3000® Indexes - Established Block Order Rule For Russell 1000® To Apply To New Contracts

Date 26/09/2003

Market users can now place block orders on futures and options contracts based on the Russell 2000 Index (Symbol "TO") and the Russell 3000 Index (Symbol "TH"), which trade on the New York Board of Trade® (NYBOT®) Index market. Futures and options contracts on the Russell 2000 Index and the Russell 3000 Index have been added to the list which allows for block orders to be executed, which includes the Russell 1000® Index, the Russell 1000 Growth Index, the Russell 1000 Value and the NYSE Composite® Index, and requires the block orders to have a minimum size of seventy-five (75) contracts.

"The New York Board of Trade strives to offer innovative investment tools to meet the needs of the marketplace," said Bernie Savaiko, NYBOT's Economist. "Our block order capability allows users to have another tool they can use to execute these contracts, in addition to the traditional open outcry form of trading."

Block orders are privately negotiated transactions by qualified market users that must meet several conditions. Please contact the exchange to find out more information.

In addition to the block order capability, investors and professional money managers can also rely on the guaranteed liquidity of designated product specialists for the Russell 2000 and Russell 3000 contract markets. NYBOT's Market Maker program ensures bid/ask spreads no greater than .50 wide for a minimum of 10 contracts ($2.5 million notional value), and is supported by LaBranche Structured Products LLC (a wholly-owned subsidiary of LaBranche & Co. Inc.) for the Russell 2000, and Susquehanna Investment Group (a subsidiary of Susquehanna International Group), for the Russell 3000.

Contract specifications for all Russell index contracts are available at www.nybot.com. The NYBOT's index futures and options markets provide important risk management tools and investment opportunities for institutional and individual investors.

The New York Board of Trade (NYBOT) is the parent company of the Coffee, Sugar and Cocoa Exchange, Inc. (CSCE) and the New York Cotton Exchange (NYCE®). Through its two exchanges, NYBOT offers an expanding range of agricultural and financial products. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com.

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