Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

BrokerTec Futures Exchange Achieves New Record Weekly Volume

Date 12/11/2002

BrokerTec Futures Exchange, the nation's only fully-electronic fixed income futures exchange, announced today that it achieved a new record for weekly volume last week of 140,715 contracts. Last week's contract volume was a 98% increase over BTEX's prior weekly record of 71,268 contracts. Average daily trading activity for last week also reached a new high of 28,145 contracts on the strength of successive single day volume records set by BTEX on November 4th, 5th and 7th.

In addition, BTEX announced that the total volume in its 5-year U.S. Treasury note futures contract on Friday, November 8 was 10% of the volume in the similar contract traded on CBOT's a/c/e electronic platform.

BrokerTec Futures Exchange is a designated contract market approved by the CFTC that offers a low-cost solution for the electronic trading of U.S. fixed income financial futures. BTEX, a subsidiary of BrokerTec Global, is owned and supported by a broad cross section of futures industry participants, including global financial institutions and banks, major securities firms, futures commission merchants, as well as a variety of proprietary trading firms and individuals. BTEX commenced trading in U.S. Treasury securities futures contracts on November 30, 2001.

For more information, go to www.btecfutures.com.