Record Monthly Volume For SFE SPI 200<SUP>™</SUP> Futures

In March, 2005, Sydney Futures Exchange experienced record trading volumes for its SFE SPI 200™ Futures contract. Over 770,000 contracts were traded during the month, up 17% from March 2004.

Likewise the SFE SPI 200™ Options market is also continuing its upward volume trend into 2005. While year to date SFE SPI 200™ Futures are 18% up, SFE SPI 200™ Options volumes are up 31% on the same period in 2004.

Again the record volumes were principally driven by significant increase in volatility of the underlying markets . Peter Hiom, General Manager, Exchange Business Development said “The continued strength in the SPI 200™ Futures and options contracts highlight their importance to investors, speculators and fund managers alike.”