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Chicago Board Of Trade To Release CBOT Advantage Real-Time Quote Service

Date 15/05/2003

The Chicago Board of Trade (CBOT) today announced that it will launch CBOT Advantage--a real-time streaming quotes, charts, news, and weather solution offered on the CBOT web site--on May 21, 2003. CBOT Advantage will replace the exchange's current real-time data offering. Future Source, a leader in the real-time futures, commodities and foreign exchange industry, has designed and developed the solution.

This online solution will include streaming real-time CBOT quotes covering all available products on the exchange. Also available will be real-time streaming Interactive Java Charting, real-time OsterDowJones Commodity News, and real-time weather offerings from Global Weather Services.

CBOT Advantage is browser-based and will include two distinct packages. Users can choose from a simple quotes-only display, or a fully featured quotes, charts, news and weather package that includes complete workspace management. The higher end offering will be marketed as "CBOT Advantage Plus."

"We were looking for a state-of-the-art product that was powerful, easy to use and maintain, and was accessible via the Internet wherever you happen to be located. CBOT Advantage is that product. The CBOT wants to distribute its market data as widely as possible and CBOT Advantage will help us towards that goal," said Steve Dickey, Vice President of Market Data and Information at the CBOT.

The real-time quotes package will be priced at $30 per month, with the Advantage Plus being offered at $85 per month.

The $30 package also will be offered on an annual basis for $299, a price that includes all CBOT market data fees. "For less than $300, a trader will now be able to get real-time CBOT quotes and options data for an entire year. Real-time streaming CBOT data on a great product, all for less than $25 per month--it's a remarkable offering," said Jonathan Dean, Vice President of Marketing at FutureSource.

If you would like to receive more information about CBOT Advantage, please visit www.futuresource.com/cbot.