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					Implementation of Single
Stock Futures on the
Reuters and Bridge
Networks
   White Paper, Version 2.1




                        Author: Brian McNelis
                        Single Stock Futures Project
          Issued:       October 29, 2002




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        Single Stock Futures on the Reuters and Bridge Networks, White Paper, Version 2.1


Revision History

Updates                                                                                    Pages


Updates in Version 1.1

     Remove Distribution List for Web release                                              iii
     Add information on Island Futures Exchange                                            Various
     Add List of NQLX first 50 stocks                                                      Appendix C
     Add Information on locating Instruments from Desktop Devices                          12
     Updated info on last trading day for narrowly based indexes                           19
     Add Information on Existing RICs using new SSF Structure                              26

Updates in Version 1.2

     Minor edits to Introduction                                                            2
     Section on Symbology Revised                                                           4
     Correct Table on Form of Delivery indicator                                            5
     Added Information on New Boston Options Exchange (BOX)                                10
     Relocated Section on Capacity to Follow Markets                                       11
     Revised Section on Capacity to account for announcement of BOX                        11


Updates in Version 2.1
    Sections of document rearranged to improve readability                                 Various
    Exchanges Plan November 8 Launch                                                        2
    Impact statement added to aid client decision-making                                    3
    Changes made to section on Bridge symbology                                             9
    Information added on enumerated types                                                  20, Appendices F & G
    Information added on impact to Market Data Systems (MDS)                               22
    Information added on DataScope delivery                                                25
    Lists of initial products revised by exchanges                                         Appendices B, C & D




This document does not have any legal effect, but is for information purposes only. Nothing in this document shall in any
way be deemed to alter the legal rights and obligations contained in your agreements with Reuters relating to the products
described in this document. The information provided in this document may be deemed to include forward-looking
statements within the meaning of Section 27A of the US Securities Act of 1933 and Section 21E of the US Securities
Exchange Act of 1934. For a discussion of certain important factors that could cause actual results to differ materially
from those discussed in such forward-looking statements, please refer to the Risk Factors included in Reuters Preliminary
Results announcement for the year ended 31 December 2001. Copies of the Preliminary Results are available on request
from Reuters Group PLC, 85 Fleet Street, London EC4P 4AJ. Reuters shall not be liable for any errors in the information
or for any actions taken in reliance thereon.




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                                                              Table of Contents
SUMMARY ..................................................................................................................................................... 1

INTRODUCTION ............................................................................................................................................ 2
   W EB SITES OF INTEREST ................................................................................................................ 3
IMPACT STATEMENT ................................................................................................................................... 4
   COMPLIANCE ISSUES ...................................................................................................................... 4
   CAPACITY ISSUES........................................................................................................................... 4
   SYMBOLOGY .................................................................................................................................. 4
   RECORD TEMPLATES ...................................................................................................................... 4
   DISPLAY TEMPLATES ...................................................................................................................... 4
   ENUMERATED TYPE FILES .............................................................................................................. 4
   SERVER RELEASES ........................................................................................................................ 4
   DESKTOP APPLICATIONS................................................................................................................. 4
   AVAILABILITY OF CONTENT.............................................................................................................. 4
   ENTITLEMENTS ............................................................................................................................... 4
MARKETS ...................................................................................................................................................... 5
   ONECHICAGO, LLC ........................................................................................................................ 5
   NASDAQ LIFFE MARKETS, LLC (NQLX) .......................................................................................... 5
   AMEX ........................................................................................................................................... 6
   ISLAND FUTURES EXCHANGE (IFX) ................................................................................................. 6
   BOSTON OPTIONS EXCHANGE GROUP LLC (BOX) .......................................................................... 6
CLEARING ..................................................................................................................................................... 7
   THE OPTIONS CLEARING CORP (OCC)............................................................................................ 7
   CHICAGO MERC CLEARING ............................................................................................................. 7
SYMBOLOGY................................................................................................................................................. 7
   SYMBOLOGY ON REUTERS DESKTOP AND DATAFEED PRODUCTS ..................................................... 7
     Exchange ID Needed for Reuters RICs ................................................................................... 7
     Diagram of Stock Futures RIC Structure .................................................................................. 7
     Possible Modifications to Approved RIC Structure .................................................................. 8
     Form of Delivery/Corporate Action Indicator ............................................................................ 8
     Examples of Proposed Full Quote RICs .................................................................................. 8
     Example of a continuation series full quote RIC ...................................................................... 8
     Construction of Futures Chain RICs ........................................................................................ 9
     How to Locate SSF RICs on Desktop Devices ........................................................................ 9
   SYMBOLOGY ON REUTERS BRIDGE PRODUCTS ................................................................................ 9
     Individual Contract Symbols ................................................................................................... 10
     Chains of SSF Contracts on Reuters Bridge products ........................................................... 11
   SYMBOLOGY ON REUTERS BRIDGEFEED BROADCAST .................................................................... 11
     Symbology for OneChicago on RBFB .................................................................................... 11
     Symbology for Nasdaq Liffe Markets on RBFB...................................................................... 12
   SYMBOLOGY ON REUTERS PLUS PRODUCTS.................................................................................. 12
     Quote Line Displays ............................................................................................................... 12
     Order Book Data .................................................................................................................... 12
     Chains on Reuters Plus Products .......................................................................................... 12
CAPACITY.....................................................................................................................................................12
   DATABASE ................................................................................................................................... 13
   BANDWIDTH ................................................................................................................................. 13



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   IMPLICATIONS FOR REUTERS BRIDGEFEED, REUTERS BRIDGEFEED BROADCAST ............................ 13
CONTENT......................................................................................................................................................13
   TICKER FEEDS .............................................................................................................................. 13
     CBOE Financial Network........................................................................................................ 13
     NMF Feed from NQLX ........................................................................................................... 14
     Island Futures Exchange “ITCH” Feed .................................................................................. 14
   DIFFERENCES BETWEEN STOCK AND COMMODITY FUTURES .......................................................... 14
     Special Market Rules for Stock Futures ................................................................................. 14
     Circuit Breakers / Market halts ............................................................................................... 15
     Definition of the Trading Day .................................................................................................. 15
     Minimum Price Increment....................................................................................................... 15
     Contract Size .......................................................................................................................... 15
     Last Trading Day .................................................................................................................... 15
     Delivery Months ...................................................................................................................... 15
   RECORD TEMPLATES .................................................................................................................... 15
     Support for NQLX Data Records ............................................................................................ 15
     Support for OneChicago Data Records ................................................................................. 16
   NEW FIELDS REQUIRED ................................................................................................................ 16
     Lot Size for 2nd Stock ............................................................................................................ 16
              nd
     RIC of 2 Stock ...................................................................................................................... 16
     Cash in lieu of fractional shares ............................................................................................. 16
   DISPLAY TEMPLATES .................................................................................................................... 16
REUTERS PLANNING ..................................................................................................................................17
   GENERAL ..................................................................................................................................... 17
   ENTITLEMENTS ............................................................................................................................. 17
     Availability............................................................................................................................... 17
     Reuters Desktop and DataFeed Products ............................................................................. 17
     Reuters Plus ........................................................................................................................... 18
     Reuters BridgeStation and Reuters BridgeFeed .................................................................... 18
   HEAD ENDS ................................................................................................................................. 18
     Reuters Datafeed (RDF) and Reuters BridgeFeed ................................................................ 18
   MARKET DATA DISTRIBUTION SYSTEMS ......................................................................................... 19
     Triarch .................................................................................................................................... 19
     TIB .......................................................................................................................................... 19
     Reuters Market Data System (RMDS) ................................................................................... 19
     Desktop Applications .............................................................................................................. 20
   REUTERS INFORMATION PRODUCTS .............................................................................................. 20
     Historical Data Products ......................................................................................................... 20
     Third Party Sources ................................................................................................................ 21
     Contributed Data .................................................................................................................... 21
   REUTERS REGIONAL PRODUCTS ................................................................................................... 21
     Reuters Plus ........................................................................................................................... 21
     Bladerunner ............................................................................................................................ 21
     IDN Selectfeed Server (ISFS) ................................................................................................ 21
     Triarch Message Filter............................................................................................................ 21
     Other Bladerunner Products................................................................................................... 22
CLIENT PLANNING ......................................................................................................................................22
   GENERAL ..................................................................................................................................... 22
   ENTITLEMENTS ............................................................................................................................. 22
   TEST INSTRUMENTS...................................................................................................................... 22
     Test Instruments for NQLX..................................................................................................... 22
     Test Instruments for OneChicago .......................................................................................... 23
     Some Domestic US Finacial Futures symbols ....................................................................... 23



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     Some Futures RICs that Include Exchange ID Suffixes ........................................................ 23
APPENDIX A – FIF DRAFT NOTE ON SSF SYMBOLOGY ........................................................................... I
  FUNGIBLE PRODUCTS ..................................................................................................................... II
  NON-FUNGIBLE PRODUCTS............................................................................................................. IV
APPENDIX B – ONECHICAGO INITIAL STOCK LISTING ............................................................................ I

APPENDIX C – ONECHICAGO INITIAL LIST OF NARROW-BASED INDEXES .......................................... I

APPENDIX D – NASDAQ LIFFE MARKETS LLC INITIAL STOCK LISTING ................................................ I

APPENDIX E – ENUMERATION FILES FOR MARKET DATA SYSTEMS .................................................... I
  INTRODUCTION ................................................................................................................................. I
  IDN ................................................................................................................................................. I
  BRIDGEFEED................................................................................................................................... II
  SERVICE PACKS ............................................................................................................................. III
    SDK APIs Template Service Pack 2.0 ..................................................................................... iii
    TIB Feed Handler Service Packs ............................................................................................. iii
    Reuters BridgeFeed Source Server (RBFSS) Service Packs.................................................. iv
    Date of Availability .................................................................................................................... iv
    Distribution................................................................................................................................ iv
    Notification ................................................................................................................................ iv
APPENDIX F – RECORD TEMPLATES FOR NASDAQ LIFFE MARKET DATA .......................................... I

APPENDIX G – RECORD TEMPLATE FOR ONECHICAGO MARKET DATA .............................................. I




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Summary

This white paper is a work in progress from the Reuters Single Stock Futures Project. It is a
compilation of all activities taking place within Reuters (including former Bridge assets acquired
by Reuters) related to the launch of a single stock futures market in the US. Its purpose is two
fold: 1) to help inform clients of the progress on Reuters single stock futures readiness and 2) to
provide a coherent set of guidelines aimed at assisting clients with their site capacity and systems
management in preparation for the planned single stock futures market in the US.

Reuters has culled the information contained in this white paper from internal and industry
sources deemed reliable. The information is believed to be accurate as of the date of publication.
However, there are a number of important factors that could cause actual events to differ
materially from the estimated dates, forecasts, and other expectations contained in this white
paper. Accordingly, although Reuters will strive to inform clients on a timely basis of any
significant changes, the information contained in this white paper is subject to change without
notice.

The focal point of Reuters efforts related to US single stock futures is the SSF Project Team
(SSFPT). All questions and requests relating to US single stock futures should be directed to
Brian McNelis for both Reuters products and former Bridge products.

SSFPT intends to report its progress on a monthly basis until the conclusion of the project for US
single stock futures. The updates will be posted to the Single Stock Futures section of the
Reuters public Web site, http://www.reuters.com/stockfutures. It is important to keep informed of
what will likely be continued significant changes in the market and regulatory environment
surrounding the US securities and futures industries.




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Introduction

The U.S. securities and futures industries are preparing to launch a completely new market in the
U.S. for trading futures on individual stocks and on narrow-based indexes, as defined by U.S.
law. Such products are available in other markets around the world but had been illegal in the
U.S. until Congress passed authorizing legislation at the end of 2000. As originally passed, the
law provided for trading in single stock futures on a principal-to-principal basis beginning August
21, 2001 and on a retail basis by December 21, 2001. Neither date was met. The exchanges
now plan a November 8 start date.

Single Stock Futures had been banned in the U.S. by the so-called Shad-Johnson accord of
1983. It was named for the respective chairmen of the Securities and Exchange Commission and
the Commodity Futures Trading Commission. These two organizations, which regulate U.S.
stock and futures markets independently, could not agree which should regulate single stock
futures. As a result, they agreed to ban trading in single stock and narrowly based index futures.

In 2000, the London International Financial Futures Exchange and the Montreal Exchange (newly
constituted as the marketplace for Canadian derivatives), both announced plans to trade single
stock futures. These markets are now live and include futures on U.S. stocks. (Technically,
Montreal is trading futures on Canadian stocks, but its initial pick, Nortel Networks, is cross-listed
in the U.S. and thus a means of hedging equity positions in Nortel held by U.S. investors.)

These two competitors galvanized U.S. futures exchanges to petition Congress for relief from the
Shad-Johnson restrictions. In the mini-session held in December 2000, during the Florida
presidential vote recounts, Congress passed the Commodity Futures Modernization Act of 2000
("the CFMA") authorizing single stock futures trading.

The law was passed so hastily it was impossible to resolve all of the legal questions in time to
meet either the August 21, 2001 date for institutional participation or the December 21, 2001 date
for individual investor participation. Following the events of September 11, 2001, the industry
asked for an extension of the start date for trading until early April, 2002. However, that date
proved impossible to meet as well.

Recently, most of the legal and regulatory issues have been resolved and exchanges are working
with the securities and futures trading houses on final preparations.
Market data vendors, likewise, are preparing to support this new market.

Reuters has implemented a number of programs aimed at preparing our infrastructure and
networks to support single stock futures, and to assist our clients in their efforts to ensure that
desktop applications and systems are ready for this new market.




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      Single Stock Futures on the Reuters and Bridge Networks, White Paper, Version 2.1




        Web Sites of Interest
Additionally, industry groups such as the Securities Industry Association, the Futures Industry
Association and the Financial Information Forum have set up web sites to provide information to
parties interested in the implementation of this new market. The following web sites may be of
interest:

Securities Industry Association web site - http://www.sia.com/ssf/
Futures Industry Association web site – http://www.futuresindustry.org/
Financial Information Forum web site – http://www.fif.com/ssf.asp
SEC Web site – http://www.sec.gov/
CFTC Web Site – http://www.cftc.gov/
The National Futures Association - http://www.nfa.futures.org/
Nasdaq Liffe Markets LLC (NQLX) web site – http://www.nqlx.com/
OneChicago, LLC - http://www.onechicago.com/
The American Stock Exchange - http://www.amex.com/
Island Futures Exchange, LLC - http://www.island.com/
The Options Clearing Corp - http://www.theocc.com/initiatives/security_futures/security_futures.jsp




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Impact Statement

This section has been added to highlight to clients some key issues they will need to address in
their preparations for this new market.

        Compliance Issues
        At this time Reuters is not aware of any mandatory requirements from the exchanges for
        display of market data that need to be highlighted to broker/dealer or FCM compliance
        officers. However, see the section on special market rules for stock futures on page 14.

        Capacity Issues
        See the section on capacity beginning on page 12

        Symbology
        See the section on symbology beginning on page 7

        Record Templates
        Information on IDN record templates used to deliver the data is covered in the section on
        Content beginning on page 15

        Display Templates
        Information on display templates required to view the data on display devices is covered
        in the section on Content beginning on page 16

        Enumerated Type Files
        Information on enumerated type files is covered in the section on display templates (see
        above) and also in the section on Market Data Systems on page 22 and Appendix E

        Server Releases
        At this time, Reuters is not aware of any mandatory server releases required to access
        data on US single stock futures.

        Desktop Applications
        Information on desktop applications is on page 24

        Availability of Content
        Information on the availability of US single stock futures market data by Reuters service
        or systems is contained in the section on content, beginning on page 17 and the section
        on entitlements beginning on page 27.

        Entitlements
        Information on entitlements and how to ensure access to the data is contained in the
        section on Entitlements on page 27.




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Markets
    OneChicago, LLC
             The Chicago Mercantile Exchange the Chicago Board Options Exchange and the
             Chicago Board of Trade have formed a joint venture exchange, OneChicago,
             LLC, to trade single stock futures. The CME and CBOE have an equal share at
             45% while the CBOT holds a 10 % stake. Jointly, they represent tremendous
             experience and understanding of equity derivative products.
                                                                                 TM
             OneChicago announced January 14 that it would use CBOEdirect , the screen-
             based trading system of CBOE, as the matching engine for OneChicago’s single
                                             TM
             stock futures market. CBOEdirect screens will provide access to the new
             market. The CME’s Globex electronic trading facility will also provide an
             interface to the new market.

             CME members may clear trades either through the CME Clearing House or the
             Options Clearing Corp (OCC). An agreement on clearing was reached January 8
             in which the OCC will guarantee its clearing members to the CME, and the CME
             will guarantee its clearing members to the OCC.

             OneChicago has stated its preference not to trade a fungible product.
             OneChicago will use the CBOE Financial Network (CFN) to deliver market data
             to vendors and other direct recipients. It has issued a new ticker specification to
             support the new market. OneChicago recently announced a target launch date
             of October 25 but due to regulatory issues has postponed the launch to
             November 8.

             OneChicago plans to trade futures on about 70 underlying stocks and 15 narrow-
             based stock indexes. (See Appendix B.)


     Nasdaq Liffe Markets, LLC (NQLX)
             The Nasdaq Stock Market has formed a 50/50 joint venture with the London
             International Financial Futures Exchange (LIFFE) to offer single stock futures.
             LIFFE has an existing single stock futures product, called Universal Stock
             Futures. LIFFE trades Universal Stock Futures on more than 90 major
             international companies including a number of US blue chips.

             However, US citizens are not permitted to trade LIFFE products directly. As a
             result, Nasdaq and LIFFE created a joint venture exchange to meet US
             regulatory requirements. NQLX is an electronic trading market. It uses LIFFE’s
             “LIFFE CONNECT™” platform to provide an anonymous and transparent central
             limit order book. The market data output for NQLX products is being delivered
             via a new data feed called Nasdaq Liffe Markets FEED (NMF). The feed
             specification is nearly identical to the existing LIFFE Markets FEED (LMF).

             NQLX issued the specification for NMF in November 2001. NQLX has said it is
             willing to trade either a fungible or a non-fungible product but would prefer
             fungible. It supports the FIF symbology approach, but its market data system
             has limitations that will prevent use of those symbols in the short term. It will be
             up to market data vendors to convert the NQLX symbols into FIF standard
             symbols. Since NQLX has stated a preference to trade a fungible product,
             Reuters intends to use the FIF-recommended symbology for fungible products.




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         NQLX was operationally ready to begin trading April 5 but due to regulatory
         delays, trading will begin November 8. NQLX has arrangements with OCC,
         BOTCC and NSCC to clear and settle the transactions. Initially, NQLX plans to
         offer the market data free of exchange fees.

         NQLX has issued a list of 70 stocks on which it plans to trade single stock
         futures. It also plans to trade futures on exchange-traded funds (ETFs). See
         Appendix C.



 AMEX
         The American Stock Exchange has expressed interest in participating in the new
         market. It has the knowledge and experience of trading a wide range of equity,
         index and option products. The AMEX has said it wants to trade a fungible
         product because it wants to compete on the basis of liquidity and not product
         differentiation.

         AMEX has not announced when it may be ready to begin trading the new
         product.

 Island Futures Exchange (IFX)
         Island Futures Exchange, LLC has registered as a Designated Contract Market
         in stock futures. The CFTC declared its registration effective March 5. IFX is
         also “notice registered” with the SEC as a securities market. A subsidiary of The
         Island ECN, IFX was in the very early stages of its planning to trade single stock
         futures when Instinet and Island announced plans to merge. That deal recently
         closed and Island Futures Exchange subsequently said it put its plans to trade
         single stock futures on hold for a while.

         IFX plans to distribute market data through its existing “ITCH” feed, which is used
         to provide order book and trade information on equities. It will introduce
         modifications to the “ITCH” specification. Order book information for single stock
         futures will be included in its market data feed. All single stock futures market
         data from IFX will be included in the existing feed and will be free of any market
         data fees. IFX has said it plans to trade single stock futures from 07:00 to 17:00
         New York time. It also indicated it would like to trade fungible products.




 Boston Options Exchange Group LLC (BOX)
         On February 19, Bourse de Montréal Inc., Boston Stock Exchange, Inc. (BSE),
         and Interactive Brokers Group LLC said they formed the Boston Options
         Exchange Group LLC (BOX) to jointly establish an electronic exchange for
         securities derivatives.

         The partners said BOX would operate as a fully automated equity options market
         that would conduct trading in options on individual U.S. equities, equity indexes
         and exchange-traded funds. They also said the new exchange would trade single
         stock futures. While the initial announcement said BOX would start options trading
         the last quarter of 2002, it did not provide information on when trading in single stock
         futures might begin.




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Clearing
     The Options Clearing Corp (OCC)
             The Options Clearing Corp (OCC) has arranged to be the clearing entity for
             contracts traded on NQLX, OneChicago AMEX and IFX. It has also made
             arrangements with the Chicago Board of Trade Clearing Corp (BOTCC) to do
             give-up accounting through BOTCC’s GAINS system. And it has arranged to
             pass settlement information to the National Securities Clearing Corp (NSCC) for
             aggregation and delivery.
     Chicago Merc Clearing
             The partners in OneChicago include the Chicago Mercantile Exchange, which
             has its own clearing entity. For contracts traded on OneChicago, firms will have
             a choice of clearing through OCC or the Chicago Mercantile Exchange Clearing
             House. This will allow FCM’s that already have clearing arrangements with Merc
             Clearing to take advantage of those existing facilities. Similarly, broker/dealers
             who already have clearing arrangements through OCC can use those facilities.
             OCC has agreed to guarantee its clearing firms to Merc Clearing and Merc
             Clearing has agreed to guarantee its clearing members to OCC.




Symbology
     The symbology for Single Stock Futures is seen by the industry as a key issue. All
     interested parties expressed a strong desire to get the symbology for single stock futures
     right before anything else was done.

     The Financial Information Forum (FIF), a venue for analysis and discussion of issues
     affecting the financial services industry, established a small working group in the summer
     of 2001 to look at the issue. The group issued recommendations to the industry on a
     proper symbol structure. The latest draft of the symbol report is attached as Appendix A
     at the end of this paper.

     Symbology on Reuters Desktop and DataFeed Products
         Exchange ID Needed for Reuters RICs
             With multiple markets trading futures on the same underlying stocks, there is a
             need to add exchange ID extensions to Reuters stock futures RICs, something
             Reuters has been able to avoid for traditional commodity and financial futures,
             including broad based stock index futures. Most futures traders are not familiar
             with exchange IDs on their products, so this is a change.

             The existing approved RIC structure for single stock futures does incorporate an
             exchange ID, although up to now it has not been used. Reuters will assign
             exchange IDs for the markets that will trade US single stock futures. We intend
             to leave existing commodity futures RICs as they are, with no exchange ID
             extension.

             Diagram of Stock Futures RIC Structure
             The approved RIC structure for a full quote on a single equity futures contract is:




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               This alleviates the threat of RIC conflicts when equity root symbols are duplicated
               by different exchanges.

               Possible Modifications to Approved RIC Structure
               As explained in the FIF recommendations on symbology (see Appendix A),
               additional coding is needed to distinguish futures on the same stock pre- and
               post- certain corporate actions and to distinguish the form of delivery.

               The FIF recommendation is to use one digit numbers after the stock symbol for
               these purposes. To date, all of the US markets have decided to issue contracts
               calling for physical delivery of the securities. However, in the event cash settled
               contracts are issued in the future, the symbology will be capable of distinguishing
               the form of delivery.

               Form of Delivery/Corporate Action Indicator
               The current recommendation is that the numbers 1 through 5 will apply to
               physical delivery and 6 to zero will apply to cash delivery. In each case, the
               numbers will increase monotonically for each outstanding corporate action.

               The table below indicates the manner in which the numbers will be used.

                         Description                Physical        Cash
                                                    Delivery       Delivery
                 No O/S Corporate Actions              1              6
                 1 O/S Corporate Action                2              7
                 2 O/S Corporate Actions               3              8
                 3 O/S Corporate Actions               4              9
                 4 O/S Corporate Actions               5              0

               Examples of Proposed Full Quote RICs
IBM1H3:QX  = IBM, physical delivery (no corporate action adjustments) expires March of ‘03
MSFT1M3:OX = Microsoft, physical delivery (no corporate action adjustments) expires June ‘03

               Example of a continuation series full quote RIC

IBM1c1:QX      = IBM, physical delivery (no corporate action adjustments) always the nearby month



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         Construction of Futures Chain RICs
         Futures chains will follow the normal RIC construction rules for futures except
         that an exchange ID must be added after the colon (:) to retrieve the chain of
         stock futures contracts.

         Taking the examples above, the equivalent futures chain RICs would be:

         0#IBM:QX        = IBM futures chain on Nasdaq Liffe.
         0#MSFT:OX       = Microsoft futures chain on OneChicago



         How to Locate SSF RICs on Desktop Devices
         Reuters will create a set of Speed Guide pages for each of the new single stock
         futures exchanges. They will follow the standard format for futures market speed
         guides. An example of a speed guide page is shown below. Information on the
         specific exchanges can be found in the page series <US/FUTEX1> -3.




 Symbology on Reuters Bridge Products
         The database container chosen to house the data records drives the form of
         symbol used on the Reuters Bridge network. In the case of single stock futures,
         the most obvious choices are either the corporates container or the futures
         container. In the corporates container, the futures could be related to all the
         other instruments (equities, options, debt, etc.) associated with a single issuer.
         On the other hand, the corporates container may not have some of the fields
         required to properly represent futures products.

         The futures container would have the correct fields but would not have the
         desirable linkages to the underlying stock and other associated instruments.
         Reuters Bridge products will use the commodities container and symbology.




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         Individual Contract Symbols
         NQLX SSF contracts originating from the source systems in London will have
         LIFFE-style symbology. NQLX contracts will reside on the Commodities
         Database and use the GB@ prefix in the symbols. They will inherit the existing
         system and product structure for futures contracts.

         Because of that structure, symbols on Reuters BridgeStation and Reuters
         BridgeFeed will not use the numeric designators for corporate actions. Instead,
         the root code for the underlying equity will be modified to reflect a corporate
         action. This will be similar to the current approach with US equity options.

         Reuters Bridge Symbol Structure for Nasdaq Liffe
         Origin
          eg:
           |    Class
           |      eg:
           |       | Equity Root
           |       |   eg:
           |       |     |            Delivery Year
           |       |     |            eg:
           |       |     |            |Delivery Month
           |       |     |            |eg:
           |       |     |            ||

         GB        @       CVX        02Z

         An example of an NQLX SSF symbol would be:

         GB@CVX02Z (ChevronTexaco December 2002 future traded on NQLX, no
         corporate actions).

         GB@CVY02Z (ChevronTexaco December 2002 future traded on NQLX, one
         corporate action).

         Note that in the event that futures on the same underlying stock are traded on
         both NQLX and LIFFE, the letter “L” will be appended to the root code for the
         contracts traded on LIFFE to prevent symbol conflicts.

         Reuters Bridge Symbol Structure for OneChicago
         For OneChicago and any other US markets, the US commodities-style
         symbology with a double @ sign would be used. In this structure, the root
         symbol will not be modified for a corporate action but the exchange designation
         will carry that information in the final letter. A final letter of A will indicate no
         corporate action. A final letter of B will indicate one corporate action, and so on.

         Origin
          eg:
           |    Class
           |      eg:
           |       | Equity Root
           |       |   eg:
           |       |     |       Delimiter(.)
           |       |     |        eg:
           |       |     |         |      Exchange Identifier
           |       |     |         |      (plus corp. action code)
           |       |     |         |          eg:
           |       |     |         |           |          Delivery Year
           |       |     |         |           |          eg:
           |       |     |         |           |          |Delivery Month
           |       |     |         |           |          |eg:
          US      @@     AOL       .          CHA        02Z




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         Examples:

         US@@AOL.CHA02Z (AOL December 2002 future traded on OneChicago, no
         corporate actions)
         US@@AOL.CHB02Z (AOL December 2002 future traded on OneChicago, one
         outstanding corporate action)
         US@@MSQ.CHA03H (Microsoft March 2003 traded on OneChicago, no
         corporate actions)
         US@@MSQ.CHB03M (Microsoft June 2003 traded on OneChicago, one
         outstanding corporate action)

         Chains of SSF Contracts on Reuters Bridge products
                 Once the root symbol for a future has been identified, vehicles can be
                 chained using the /AV switch in Analytics or the chaining feature
                 available in MarketWatch.

                 For example:
                 gb@cvx/av

                 Will return a chain display of the ChevronTexaco futures trading on
                 NQLX.

                 Analytic Look Up

                 For example:
                 us@@aol.cha/av

                 Will return all available futures for AOL on OneChicago.


                 MarketWatch

                 To chain futures vehicles in MarketWatch the client must type
                 “..US@@AOL.CHA” <SHIFT> and <ENTER>. The application will
                 retrieve a list of all available single stock future contracts for AOL on
                 OneChicago.

 Symbology on Reuters BridgeFeed Broadcast
     Symbology for OneChicago on RBFB
         Single stock futures will be classified as commodities; security type 3, security
         sub type 62. The symbology will be as follows:

         Root symbol, forward slash (/), exchange code (CHA for OneChicago), 1 digit
         year expiration code, standard futures month code

         The single stock future for AOL expiring December 2002 would be:

         AOL/CHA2Z

         Futures on Nasdaq stocks will use the OPRA root symbol. For example, the root
         for Microsoft (MSFT) would be MSQ. The single stock future symbol for MSFT
         expiring December 2002 would be:




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                MSQ/CHA2Z

                Symbology for Nasdaq Liffe Markets on RBFB
                Root symbol, forward slash (/), exchange code (N for NQLX), 1 digit year
                expiration code, and standard futures month code

                The single stock future for AOL on NQLX expiring December 2002 would be:

                AOL/N2Z

                Futures on Nasdaq stocks will use the OPRA root symbol. For example, the root
                for Microsoft (MSFT) would be MSQ. The single stock future symbol for MSFT on
                NQLX expiring December 2002 would be:

                MSQ/N2Z

        Symbology on Reuters Plus Products
            Quote Line Displays
                The symbology for SSF on Reuters Plus will be akin to that of the RICs on
                Reuters 3000 products. Individual contracts would have virtually the same
                symbol except that the colon (:) in the RIC would be replaced by a period.

                Converting RICs as described, the Reuters Plus symbols would become:

                RIC        Reuters Plus Symbol
                IBM1H3:OX  IBM1H3.OX
                MSFT2U2:QX MSFT2U2.QX

                Order Book Data
                To view NQLX Order Book data in Reuters Plus, the user will input the symbol in
                the Input Box, and select Order Book from the GO Menu, then select “.NLO”
                (NQLX) from the drop down menu.

                Chains on Reuters Plus Products
                Reuters Plus dynamic single stock futures chains will require new PC and server
                software and will be included via Monitor - Futures in an upcoming release
                (TBA). Static chains will be available in all releases in a web browser and may
                be retrieved by entering the underlying stock (example: IBM or MSFT) and
                selecting the option from the GO menu. This is the default in v5.09. If you are
                on a lower Reuters Plus release you may add the URL manually or select the
                option from the Web DSS Home Page.




Capacity
As with any new market, capacity may or may not be an issue, depending on how successful the
product is. Assuming the exchanges are able to win a large following for this new market,
capacity will become an issue. But even with success, it will take time for the market to develop
and the full capacity impact will not hit us all at once.




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     Database
             Currently, two exchanges are ready to trade single stock futures. This number
             could grow to four or more over time but helps to frame the size of the
             requirement.

             Preliminary information is that the same stocks eligible to be underlying issues
             for options trading will also be eligible to serve as underlying issues for futures
             trading. That being the case, we are talking about some 2,000 underlying issues.

             NQLX plans to trade five quarterly months plus the two nearby interleaved
             months. OneChicago plans to trade two quarterly months plus two nearby
             interleaved months. Neither exchange has indicated an intention to conduct
             multiple session trading. However, allowing for multiple session records,
             continuation records and link records for two markets trading 2000 underlying
             stocks, we could have a worst-case total of about 100,000 data records.

             The day one requirement, assuming continuation records but no session records,
             would be considerably less. NQLX and OneChicago are ready to launch
             November 8 with futures on 10 and 20 underlying instruments respectively.
             Shortly thereafter they would be trading about 70 and 85 underlying instruments
             respectively. That would put the count at about 1800 records, not counting order
             book records.
     Bandwidth
             Bandwidth requirements are harder to estimate. Of course, everything always
             starts slow and builds, so the full impact will take some time, probably several
             years to be felt. NQLX has indicated that its feed can send a maximum of 300
             MPS. OneChicago Has expectations of delivering 1500 to 2000 MPS when it is
             fully operational. The exchange recently advised that it expects that with
             autoquoting on its initial list of underlying issues, the message rate might be
             about 300 MPS.

     Implications for Reuters BridgeFeed, Reuters BridgeFeed Broadcast
             The message rate impact on the Reuters BridgeFeed would be about the same
             as on the Reuters DataFeed.

Content
     Ticker feeds
           CBOE Financial Network
                     OneChicago has contracted with the Chicago Board Options Exchange
                     (CBOE) to provide market data dissemination services for all
                     OneChicago (ONE) products. CBOE is also supplying the trading engine
                     to be used by OneChicago. The infrastructure to support the market
                     data distributed from that engine will be known as the CBOE Financial
                     Network (CFN).

                     CFN will utilize a TCP/IP multicast protocol for the dissemination of ONE
                     information. OneChicago is recommending vendors establish 512 Kbps
                     connections to the network.

                     The CFN vendor interface specification does not currently include any
                     support for order book information.

                     In addition to the CBOE trading engine, traders with access to the CME’s
                     Globex trading platform will also be able to trade ONE contracts through



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                 that system. Market data will still be reported via the CFN, even if the
                 trades are done through Globex.

         NMF Feed from NQLX
                 Nasdaq Liffe is using existing LIFFE market data production facilities in
                 London. It has created a new feed called “NMF” which is nearly identical
                 in protocol and specification to the current “LMF” feed, with the exception
                 of the market center ID. The output would use the existing LIFFE
                 communications network but have its own “port.”

                 The feed operates at 56 or 64 Kbps and is capable of 300 messages per
                 second. NQLX issued version 1.0 of the NMF feed specification in
                 November, 2001.

                 The feed supports a variety of products and messages including support
                 for various types of spread and combination trades. Through an ancillary
                 feed NQLX will also provide “top of book” information giving the ten best
                 bids and offers in the market. Data for the order book will come down
                                     TM
                 the LIFFE Connect network, providing more messages per second for
                 any given contract.

         Island Futures Exchange “ITCH” Feed
                 Before it postponed its active planning, Island Futures Exchange said it
                 would provide order book and trade information by way of the existing
                 “ITCH” feed that supplies its market data for The Island ECN’s equity
                 trading operation. Market Data Vendors already processing this feed
                 would find the single stock futures data on the same feed. However,
                 IFX would need to make some modifications to the “ITCH” protocol to
                 support specialized content specific to single stock futures.

                 IFX has not issued any specification to vendors covering such changes.

 Differences Between Stock and Commodity Futures
         Single stock futures have content requirements from the vendor standpoint that
         differ from commodity or even financial futures. Some of those differences are
         highlighted below.

         Special Market Rules for Stock Futures
                 As mentioned, a specification has been issued for the CFN that includes
                 messages for equity futures and index products. The NMF feed spec
                 produced by NQLX includes all the standard futures messages and is
                 also able to support trading halts.

                 Trading Halts & Delays
                        Because they are tied to trading in the underlying stocks, it may
                        be necessary to halt trading in the futures products if regulatory
                        halts are imposed by the exchanges on the equities themselves.
                        The exchanges have stated they intend to provide for this.

                      The capability to support halts and delays is already inherent in
                      the NMF feed from NQLX and the CFN specification from
                      OneChicago.
                 Resumption Indications
                      Related to trading halts is the process of resuming trading after
                      the regulatory need has been satisfied. Equities markets



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                         generally send "indications" of where the stock price will be when
                         trading resumes. These are not quite the same as quotes but
                         do indicate an expected price range. The futures markets may
                         or may not choose to emulate this practice.

                         The NMF feed has the ability to send indicative opens. Whether
                         NQLX intends to use that capability remains to be seen.

                         The CFN ticker spec also appears to provide for indicative
                         opens, so that facility is potentially available from OneChicago.
         Circuit Breakers / Market halts
                 The futures exchanges that trade equity index products have rules in
                 place mirroring the "circuit breaker" rules of the NYSE and Nasdaq,
                 designed to halt trading if the equities markets experience major price
                 moves. However, those rules do not trigger any special response by
                 Reuter systems. In general we rely on the news to convey facts about
                 market-wide trading halts.

         Definition of the Trading Day
                 The trading day for single stock futures is obviously related to the trading
                 day for the underlying stocks. This will affect things such as settlement
                 prices, "mark to market" rules, margin requirements and other
                 compliance issues.

                 As of today, both NQLX and OneChicago have specified a trading day of
                 9:30 a.m. to 4:02 p.m. New York time.
         Minimum Price Increment
                 NQLX and OneChicago have both said that the minimum price increment
                 for trading single stock futures on their markets will be one cent.
         Contract Size
                 NQLX and OneChicago have both said that they will trade individual
                 equity contracts of 100 shares. The deliverables for narrow-based
                 indexes will be separately specified. (See pages <ONEC/DELIV01> - 10)
         Last Trading Day
                 NQLX and OneChicago have both said that their contracts will cease
                 trading on the third Friday of the delivery month. OneChicago has
                 announced plans to trade futures on narrow-based indexes. They will
                 also cease trading on the third Friday of the delivery month.
         Delivery Months
                 NQLX will trade five quarterly months plus two interleaved serial months.
                 OneChicago will trade two quarterly months plus two interleaved serial
                 months.

 Record Templates
      Support for NQLX Data Records
                 Because the NQLX feed will be processed through Reuters London data
                 center, using virtually the same market logic as the existing LIFFE feed,
                 Reuters will use the same data record templates and fields for NQLX that
                 we currently use for Universal Stock Futures on LIFFE. This will include
                 support for “top of book” displays, giving the ten best bids and offers on
                 each contract.

                 Reuters will use record template number 20 (ALL_FUTURES_B) for
                 delivery of the NQLX data on IDN. Desktop displays will be the same as



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                 currently used for LIFFE Universal Stock Futures. The top-of-book
                 content will be delivered using the ALL_SECURITIES_B record template
                 (# 38). Chaining will be done using the LONGLINK field list, record
                 template 85. (See Appendix F)

         Support for OneChicago Data Records
                 Reuters will use the same data records to support OneChicago as
                 existing US futures market data records. They are delivered using
                 record template number 138 (COMMODITY_B). Chains will be
                 supported using the LONGLINK field list, record template 85.
                 OneChicago has no current plans to offer order book data through its
                 CFN market data network. (See Appendix G)




 New Fields Required
         Reuters recently added new fields to US stock option data records to cater for
         complex corporate actions in which the deliverables include stock of more than
         one company plus cash. We intend to provide similar support for stock futures.
         The next few items describe these fields.
         Lot Size for 2nd Stock
                 This field will represent the number of shares of a second stock that must
                 be delivered as a result of a merger or other complex corporate action.
                 FID 3132 (IRGVAL) is used in the US options data record to carry this
                 information. The field is present in both record template 20 and 138.
                 Reuters plans to use it for the same purpose for NQLX and OneChicago.

         RIC of 2nd Stock
                 This field will provide the RIC of the second stock for which the additional
                 shares must be delivered. FID 1056 (OFFC_CODE2) is used in the US
                 options data record to carry this information. The field is present in both
                 record template 20 and 138. Reuters plans to use it for the same
                 purpose for NQLX and OneChicago.

         Cash in lieu of fractional shares
                 This field provides the amount of cash that would be delivered when the
                 terms of a merger result in fractional share amounts. FID 100
                 (TURNOVER) is used in the US options data record to carry this
                 information. The field is present in both record template 20 and 138.
                 Reuters plans to use it for the same purpose for NQLX and OneChicago.

 Display Templates
 Display template 9.4 provides enhancements for single stock futures. The following
 enumerated type values will become available in display template V9.4 for FID 133,
 MKT_ST_IND to support additional quote conditions for OneChicago. Display template
                                                           th
 V9.4 became available for client installation on October 9 , 2002.

 EnumValue       IDN Disp        Enum Description
 32              "AUE"           Auto Execution
 33              "SBB"           Specialist Book Bid
 34              "SBA"           Specialist Book Ask
 35              "BBA"           Specialist Book Bid and Ask
 36              "INA"           Inactive



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     37               "ROT"            Rotation




Reuters Planning

     General
             Reuters planning involves choosing implementation approaches that will make
             launching this new market, from a market data standpoint, as quick and easy as
             possible, both for Reuters and for our customers. Nevertheless, the new market
             has special requirements that dictate unique solutions.

     Entitlements

             Availability
             Reuters will make SSF content available on Infrastructure supported by Reuters
             DataFeeds as well as Bladerunner, Reuters Plus, Reuters BridgeStation,
             Reuters BridgeFeed and Reuters BridgeFeed Broadcast. It will not be available
             on SelectFeed Plus, SelectFeed or AMS-based infrastructures due to capacity
             limitations of those systems.


             Reuters Desktop and DataFeed Products
             Leading up to the launch of the new market, Reuters has provided test data in
             special PE codes, which have only been made available on request. Once the
             products go live on November 8, the production market data will be only be
             available in production PEs. Clients must be sure to contact their account
             representatives to order the new data.

             NQLX will make its market data available free of fees with no requirement to
             account for accesses for at least the first six months of operation. As a result,
             Reuters will map the NQLX PEs to all services. The PE for basic quote and
             trade information will be 3218. The PDP code for NQLX is “NLX.” The PE for
             NQLX order book data is 6861 and the PDP code is “NL2.”

             OneChicago plans to make its content available free of fees initially as well.
             However, it has levied a requirement on market data vendors to keep track of
             accesses and report them. As a result, we have only mapped the OneChicago
             PEs to the set of products that would be appropriate once fees are imposed. The
             table below provides the relevant product codes.

           PE    PC                                        PLIs                            PDP Code
                                                           XFONEIKI - OneChicago - level 1
           5610 C2ONE - Commods 2000 - OneChicago Level 1 (keystations)                    ONE
                                                           XFONEIKT - OneChicago Level 1
                CM2ONE - CapMkts2000 - OneChicago Level 1 (IP) (Bladerunner)
                                                           XFONEIDF - OneChicago Level 1
                DSCHONE - Swiss Asset - OneChicago Level 1 (DF) (datafeeds)
                                                           XFONEIPD - OneChicago L1
                DSONE - Domestic - OneChicago Level 1      (DF) (to perm datafeeds)
                EXNONE - Exch2000 - OneChicago Level 1
                F2ONE - Futs2000 - OneChicago Level 1
                MK2ONE - Mkts2000 - OneChicago Level 1
                NAONE - Secs2000 - OneChicago Level 1 (NA
                Securities)




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                    SOONE - Options - OneChicago Level 1
                    RISONE - RIS - OneChicago LLC Level 1 (for
                    Reuters Investor)


                Reuters Plus
                Reuters Plus subscribers should ask their business administrator to arrange
                permissioning. Clients who use the Reuters Account Enabler (RAE) system will
                be able to order the new services through that facility.


                Reuters BridgeStation and Reuters BridgeFeed
                Clients accessing OneChicago data via Reuters BridgeStation or Reuters
                BridgeFeed should note the following:

                       The order code for this service is [CONE]. OneChicago service will be
                        free of fees to end-users until 01 April 2003. It will be free of fees to
                        revendors until 01 January 2003. OneChicago service accesses will
                        need to be reported from 08 November 2002.
                       [CONE] - Free of charge
                       [CONE:REVEND] Revendors - Billed by the Exchange

                Clients accessing Nasdaq Liffe Markets data via Reuters BridgeStation or
                Reuters BridgeFeed should note the following:

                       The order code for this service is [GBNX]. NQLX service will be free of
                        fees for at least six months from the launch.
                       [GBNX] – Free of charge

        Head Ends
                Through its acquisition of certain assets of Bridge, Reuters now has two major
                head end systems that will be processing the data from the new single stock
                futures exchanges.


Implementation Issues
                        Reuters has been providing test data for NQLX on an “as requested”
                        basis for the past few months. NQLX is conducting “dress rehearsals”
                        during the period October 23 to October 31, which are required for
                        traders. The tests run from 4 p.m. to 8 p.m. New York time on the
                        scheduled days.

                        We hope to be able to provide test data for OneChicago as well but it is
                        not certain we will be able to do so.

The exchanges plan to launch the new market on Friday, November 8. This means that we will
bring up the new feeds in the production systems during that week, a day or so prior to launch.
Clients must arrange for production permissioning in advance, even though there are no
market data fees applicable initially. DACs users should run a map collect to ensure access
via Market Data Systems.

                Reuters Datafeed (RDF) and Reuters BridgeFeed
                        Currently there are no known issues related to distributing single stock
                        futures data via the RDF and RBF. However, as always, introduction of



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                        new markets generally means more usage. Thus, clients should monitor
                        capacity and throughput levels as usage habits emerge to ensure they
                        have adequate bandwidth and processing resources.

        Market Data Distribution Systems
                Reuters market data distribution systems (MDS) include legacy TIB and Triarch,
                and RMDS. Since existing record templates and exchange name enumerations
                will be used to deliver single stock futures, impact is expected to be small. This
                expectation is based on successful experience distributing single stock futures
                for certain European markets. However, there will be a requirement to support
                additional enumerations for price qualifiers as described above in the discussion
                on display templates. Please see Appendix E for a full discussion of this
                subject.

                Specific issues mainly related to symbology are highlighted below.

                Triarch
No specific issues are currently known.
                TIB
                        Entitlements Limitation

                        Single stock futures symbology includes use of a colon ‘:’ to separate the
                        root instrument name from the exchange designator. Applications that
                        use TIB four-part, period-delineated subject naming will not properly
                        recognize the colon, so exchange level permissioning of single stock
                        futures is not supported.

                        A secondary impact would be that a TIC or RTIC that is partitioned to
                        cache only subjects from a particular exchange would see these subjects
                        as part of the exchange "NaE" rather than the particular exchange it is
                        really associated with. Clients should review/revise existing applications
                        meant to retrieve and manage single stock futures to correctly handle
                        this case.


                Reuters Market Data System (RMDS)
                        Entitlements Limitation

                        Single stock futures symbology includes use of a colon ‘:’ to separate the
                        root instrument name from the exchange designator. Applications that
                        use TIB four-part, period-delineated subject naming will not properly
                        recognize the colon, so exchange level permissioning of single stock
                        futures is not supported.

                        A secondary impact would be that a TIC or RTIC that is partitioned to
                        cache only subjects from a particular exchange would see these subjects
                        as part of the exchange "NaE" rather than the particular exchange it is
                        really associated with. Clients should review/revise existing applications
                        meant to retrieve and manage single stock futures to correctly handle
                        this case.




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         Desktop Applications
                 Entitlements Limitation

                 Single stock futures symbology includes use of a colon ‘:’ to separate the
                 root instrument name from the exchange designator. Applications that
                 use TIB four-part, period-delineated subject naming will not properly
                 recognize the colon, so exchange level permissioning of single stock
                 futures is not supported.

                 A secondary impact would be that a TIC or RTIC that is partitioned to
                 cache only subjects from a particular exchange would see these subjects
                 as part of the exchange "NaE" rather than the particular exchange it is
                 really associated with. Clients should review/revise existing applications
                 meant to retrieve and manage single stock futures to correctly handle
                 this case.




 Reuters Information Products

         Historical Data Products

                 The historical data for OneChicago futures will be available in DataScope
                 and accessed via IPC 5315. Historical data for Nasdaq Liffe Markets will
                 be accessed via IPC 5300. Facts stored for the futures on stocks,
                 exchange-traded funds and narrow-based indexes will be open, high,
                 low, last trade, settle, bid, ask, volume and open interest.

                 Data will be also be accessible on Reuters Graphics, 300 XTRA graphs
                 and Power Plus Pro. The IPCs will update at 16:30 New York time
                 Monday through Friday. Continuation series RICs will be sourced from
                 IDN and not calculated within the historical database, as is the case with
                 other futures contracts.

                 When a corporate action occurs that requires modification of the SSF
                 contract delivery terms, the original RIC, (e.g., IBM1H3:OX or
                 IBM1H3:QX), would change to a “2,” (e.g., IBM2H3:OX or IBM2H3:QX)
                 and begin trading with the adjusted delivery terms on the ex-date for the
                 underlying stock. The IBM2 futures will trade until expiration and will not
                 be rolled over.

                 Meanwhile, for OneChicago, a new IBM1 will be listed for trading with
                 standard terms a day after the ex-date for the corporate action. For
                 NQLX, a new IBM1 will be listed on the ex-date for the corporate action.
                 Both the IBM1 and IBM2 versions will trade simultaneously until the 2s
                 expire. This will be true for all contract months on the chain, as well as
                 continuation series.




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                 The history for IBM1 contracts would be adjusted and only history for the
                 IBM1s will be stored.

                 History will be available on Reuters Plus via the normal functions for
                 futures, including graphics and tick histories. Longer-term historical data
                 for OneChicago will be available in the Historical Futures & Commodities
                 service, which is an add-on to Reuters Plus.

                 History will be available via Reuters BridgeStation and Reuters
                 BridgeFeed through the normal functions for those products.

         Third Party Sources
                 Reuters relies on several third party sources for corporate action and
                 dividend information, however Reuters itself performs adjustments to this
                 data. It is not expected that any significant changes will be required to
                 systems processing those data inputs. We do anticipate additional
                 inputs from the Options Clearing Corp (OCC).

         Contributed Data
                 Reuters does not currently carry any contributed data for US single stock
                 futures.

 Reuters Regional Products

         Reuters Plus
                 <Available only in the U.S. and Canada>

                 Reuters Plus already handles data in the formats we intend to use for
                 single stock futures. We do not anticipate any problems in using them
                 for these markets. The symbology will differ slightly from that used for
                 RICs. (See above under symbology.)


         Bladerunner
                 <Available only in the U.S.>

                 Bladerunner (BR) is a Triarch system designed to support multiple clients
                 via WAN technologies. The BR Triarch system should not have any
                 problem in supporting these new markets.


                 Bladerunner Source Sink Library (SSL) Infrastructure

                         The current SSL sink distributor infrastructure supports futures
                         products already.

         IDN Selectfeed Server (ISFS)
                 The current ISFS server supports futures products already.

         Triarch Message Filter



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                     The current Triarch Message Filter (TMF) server is not expected to have
                     any problem in supporting the new SSF RIC structure.

             Other Bladerunner Products
                     Reuters does not anticipate that the following Bladerunner products will
                     have any difficulty supporting single stock futures.

                     Data Access Control System (DACS)

                     Hawk 3.0

                     HydraWeb Version 1.5.1 (Load Balancers)

                     Nortel Networks BLN’s


Client Planning

     General
             The specific impact of single stock futures on any enterprise is dependent on the
             configuration, sizing, and architecture of the client network and market data
             environment. In particular, the sizing of client-site servers, communication lines,
             and the patterns of data usage are all impacted by market conditions. At the
             time these new markets are launched, it is expected that data rates and numbers
             of data records cached will not be material in terms of the overall content and
             update rates of the US markets. Nevertheless, Reuters must work in
             partnership with our clients to achieve a smooth implementation.

             Reuters will attempt to provide general guidelines to clients for directional
             purposes, and will provide additional assistance to clients in understanding their
             specific requirements in regard to the market changes discussed in this paper.

     Entitlements
             Clients are urged to read the section on Entitlements under Reuters Planning in
             the section above. It provides information necessary for ensuring they receive
             production market data when trading begins.

     Test Instruments
             As of this time, we have numerous test instruments available for NQLX via
             Reuters feed products or desktop devices. In addition, there are live markets
             that may be used as proxies for the purpose of processing the content.

             Test Instruments for NQLX
                     NQLX was conducting regular testing Tuesdays, Wednesdays and
                     Thursdays. As described in the section on implementation above, NQLX
                     is conducting final “dress rehearsals” prior to launch. Please check the
                     NQLX web site for details on its test plans.

                     Appendix D has a list of test RICs for NQLX.




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         Test Instruments for OneChicago
                 The OneChicago ticker feed is not expected to be available on the
                 production network until just prior to launch. See Appendix ? for a list of
                 OneChicago products.




         Some Domestic US Finacial Futures symbols
                 These symbols may be accessed to locate individual full quote records
                 that use the same record template we plan to use for OneChicago
                 content.

                 Contract Name                 Chain RIC
                 30-year US T-Bond Composite.....<0#US:>
                 30-year US T-Bond Day Pit.......<0#3US:>
                 30-year US T-Bond Day a/c/e.....<0#ZB:>
                 30-year US T-Bond mini..........<0#YH:>
                 5-year US Agency ...............<0#DF:>
                 10-year US Agency ..............<0#DN:>
                 10-year US Agency Large Lot.....<0#VN:>
                 10-year Interest Rate Swap......<0#NI:>
                 30 day IR Future................<0#FF:>
                 Long-Term Municipal Bd..........<0#MB:>
                 Municipal Bond Large Lot........<0#QQ:>
                 Mini Eurodollar.................<0#YE:>
                 Mini Deferred Eurodollar....... <0#IF:>

         Some Futures RICs that Include Exchange ID Suffixes
                 Reuters already supports futures contracts with RICs that include an
                 exchange ID suffix. The following contracts from the Australian SE
                 (ASX) may be used to test applications for their ability to handle such
                 RICs. These data records should not be used for testing content, since
                 they use field lists (record templates) different from those proposed for
                 US single stock futures.

                 Contract Name            Chain RIC        Full Quote RIC

                 S&P/ASX MINI 200         <0#AXJO:AX> <AXJOU2:AX>
                 S&P/ASX MINI 50          <0#AFLI:AX> <AFLIU2:AX>




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Appendix A – FIF Draft Note on SSF Symbology

             Information Systems and the Support of U.S. Single Stock Futures:

                          Proposed Instrument Identification Syntax

                  DRAFT updated 1/18/02 (This is the most recent version)

The imminent introduction of single stock futures trading into U.S. financial markets represents a
broadening of the bridge between the securities and the futures worlds and raises many
questions as to how these new instruments will be identified, traded, cleared and settled. A very
significant question is how each contract will be identified for the above purposes as well as for
the dissemination of real-time market data and other information. This paper addresses the issue
of an instrument identification syntax that clearly identifies the contract, avoids identification
conflicts with existing instruments and can be accommodated within existing information systems
without the need for extensive changes.

In today’s world, because there is little symbol assignment coordination among futures and
securities markets, there are significant symbology conflicts and discrepancies. For example
there are many futures root codes now in use that directly conflict with listed equity symbols.
With the introduction of single stock futures, the number of symbol conflicts could increase
dramatically.

The Financial Information Forum is interested in assisting the industry in addressing some of the
complexities for information systems that might be introduced by single stock futures. To that
end, FIF has sought industry input and brought together a small working group including
representation from firms, market data vendors and clearing organizations to propose a
symbology syntax that could be assimilated into order systems, back office systems and market
data with relative ease. It is hoped that the markets introducing these new products recognize the
benefits of adopting an identification system that promotes clarity and uniformity.

While any new suggested syntax will necessarily require modifications in the information systems
currently in use by exchanges, firms, service bureaus, market data vendors and clearing
organizations, the adoption of a basic structure could increase the acceptance of single stock
futures by greatly easing the support of these new instruments, including the ease of identification
of the contracts by investors. Without a basic identification structure, each market is likely to
introduce identification schemes that conflict not only with each other but also with industry
trading systems, order management systems, back office processing systems and market data
systems. This would create the need for significant development investment and would create
operational complexities lessening the likelihood that firms and vendors would be able to support
these new products.
The following three diagrams illustrate a proposed identification structure for fungible products to
accommodate the common differences between market data, order, and trade processing and
balancing system requirements. Options are not considered in this paper. Following these are
three diagrams illustrating suggested symbology structure for non-fungible products.

The Root Symbol
The root symbol is made up of the alpha underlying symbol, which is intended to correlate to the
equity or index that is the basis of the futures contract; and a one character numeric product code
to signify a “version” of the contract. The root symbol may be from 2-6 characters total. Up to five
alpha characters have been allocated in order to accommodate existing stock symbols (e.g. IBM,
INTC, ERICY). The product code serves three functions: first to identify the instrument as a
single stock future (as differentiated from the underlying equity or other derivative), second, to
identify a version of the contract (to allow for the identification of corporate actions or other
special situations), and third, to designate cash vs. physical settlement. The product code is a



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one-character numeric. The numbers 1-5 are reserved to identify contracts with physical
settlement, and numbers 6-0 are reserved for cash settled contracts. The only numbers assigned
for a particular version are 1 for a regular, standard contract for physical, and 6 for a regular,
standard contract for cash delivered. The other numbers are to be assigned contact sequentially
as necessary to apply to a contract that has undergone a change due to a corporate action, split,
or other event. For example, a regular XYZ physical delivery contract would have a root symbol
of XYZ1. Should XYZ have a split or other event, the root symbol on the adjusted contract would
be XYZ2. If another event followed, the code would be XYZ3. The product code 1 would always
refer to the “standard” contract.

Also included in the security identification scheme (but not as part of the root symbol) is a month
and year indicator, which is not a part of the root symbol. The delivery month and delivery year
codes give the ability to create instruments with maturity dates beyond one year without
modifying the underlying symbol.

        Fungible products




         Proposed symbology syntax for information systems
         supporting U.S. Single Stock Futures – Market Data – fungible product

        Underlying symbol (e.g. ABCDE)
        5 alpha characters
                   Product code (e.g. 1 for regular, physical settlement)
                  1 numeric character
                         Delivery Month (X for Nov)
                         1 alpha character
                             Delivery year (4 for 2004)
                             1 numeric character
                                 Delineator and exchange code
                                 1 character delineator(:, /, . ) and one or two alphas
                                 (delineator and exchange code only needed for market data))




        ABCDE1         X 4 /EX
        _____          _ _ __


        Up to six character root symbol (left justified) followed by 1 character month, 1 character year,
        delineator and exchange.




                                                                                               Financial Information Forum




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   Proposed symbology syntax for information systems
   supporting U.S. Single Stock Futures
   Order Systems – fungible product

   Underlying symbol (e.g. ABCDE)
   5 alpha characters
              Product code (e.g. 1 for regular, physical settlement)
              1 numeric character
                    Delivery Month- 3 character alpha
                            Delivery year – 4 character numeric




   ABCDE1          NOV 2001
   _____          ___ ____


   Up to six character root symbol (left justified) followed by 3 character month, 4 character year.




Proposed symbology syntax for information systems
supporting U.S. Single Stock Futures
Trade processing and balancing - fungible product

   Underlying symbol (e.g. ABCDE)
   5 alpha characters
              Product code (e.g. 1 for regular, physical settlement)
             1 numeric character
                   Delivery Month- 2 character numeric
                           Delivery year – 4 character numeric




   ABCDE1         11      2001
   _____          __     ____


   Up to six character root symbol (left justified) followed by 2 character month, 4 character year.




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 Non-fungible products
         In the case of non-fungible products the suggestion is to leave the underlying
         symbol in tact (with the exception of limiting the number of characters of the
         underlying to four instead of five) and adding a character at the end of the root
         symbol to designate exchange.



            Proposed symbology syntax for information systems
            supporting U.S. Single Stock Futures
            Market Data – non-fungible product

              Underlying symbol (e.g. ABCD)
              4 alpha characters
                       Product code (e.g. 1 for regular, physical settlement)
                        1 numeric character
                         Exchange identifier - 1 alpha character
                            Delivery Month (X for Nov) – 1 alpha character


                                   Delivery year (4 for 2004)
                                    1 numeric character
                                       Delineator and exchange code
                                        1 character delineator(:, /, . ) and one or two a lphas
                                         (delineator and exchange code only needed for market data))




              ABCD1C X 4 /EX
              _____ _ _ __


              Up to six character root symbol (left justified) followed by 1 character month, 1 character year,
              delineator and exchange. (Exchange code appended to root might be stripped for presentation
              purposes as an exchange is usually appended to the end of the entire identifier)




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                               Proposed symbology syntax for information systems
                               supporting U.S. Single Stock Futures
                               Order Systems – non-fungible product



                               Underlying symbol (e.g. ABCD)
                               4 alpha characters
                                        Product code (e.g. 1 for regular, physical settlement) 1 numeric character
                                            Exchange identifier – 1 alpha character
                                                    Delivery Month- 3 character alpha
                                                           Delivery year – 4 character numeric




                               ABCD1C           NOV 2001
                               _____           ___ ____


                               Up to six character root symbol (left justified) followed by 3 character month, 4 character year.




    Proposed symbology syntax for information systems
    supporting U.S. Single Stock Futures
    Trade processing and balancing – non-fungible product

        Underlying symbol (e.g. ABCD)
        4 alpha characters
                 Product code (e.g. 1 for regular, physical settlement) 1 numeric character
                    Exchange identifier – 1 alpha character
                             Delivery Month- 2 character numeric
                                    Delivery year – 4 character numeric




        ABCD1C          11         2001
        _____           __        ____


        Up to six character root symbol (left justified) followed by 2 character month, 4 character year.




FIF welcomes feedback and comment on the basic proposed structure, which will be refined
going forward. Please forward your comments to Charlotte Cooney cooney@fif.com
6/26/01



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Appendix B – OneChicago Initial Stock Listing



                                     Ticker OneChicago
         Underlying Security         Symbol Base Symbol
     American Express                AXP    AXP1C
1
     American International Group    AIG    AIG1C
2
3 Amgen Inc                          AMGN   AMGN1C

4 * AMR Corp/Del                     AMR    AMR1C

5 AOL Time Warner, Inc.              AOL    AOL1C

6 Applied Materials                  AMAT   AMAT1C
     AT&T Corporation                T      T1C
7
     Bank Of America Corp            BAC    BAC1C
8
 9 Bank One                          ONE    ONE1C

10 Best Buy Company Inc              BBY    BBY1C

11 Biogen Inc                        BGEN   BGEN1C

12 Bristol-Myers Squibb Co           BMY    BMY1C
     Broadcom Corp-Cl A              BRCM   BRCM1C
13
     Brocade Communications Sys      BRCD   BRCD1C
14
15 Cephalon Inc                      CEPH   CEPH1C

16 Check Point Software Tech         CHKP   CHKP1C

17 ChevronTexaco Corp                CVX    CVX1C

18 Cisco Systems, Inc.               CSCO   CSCO1C
     Citigroup, Inc.                 C      C1C
19
     Coca-Cola Company               KO     KO1C
20
21 Dell Computer Corporation         DELL   DELL1C

22 eBay, Inc.                        EBAY   EBAY1C

23 * EMC Corporation                 EMC    EMC1C

24 Emulex Corp                       ELX    ELX1C
     Exxon Mobil Corporation         XOM    XOM1C
25
     Ford Motor Company              F      F1C
26
27 General Electric Company          GE     GE1C

28 General Motors Corp               GM     GM1C

29 Genzyme Corp - Genl Division      GENZ   GENZ1C

30 Goldman Sachs Group, Inc.         GS     GS1C
     Halliburton Co                  HAL    HAL1C
31
     Home Depot Inc                  HD     HD1C
32
33 Idec Pharmaceuticals Corp         IDPH   IDPH1C

34 Intel Corporation                 INTC   INTC1C

35 International Business Machines   IBM    IBM1C

36 * InVision Technologies Inc       INVN   INVN1C
     J.P. Morgan Chase & Co.         JPM    JPM1C
37
     Johnson & Johnson               JNJ    JNJ1C
38
39 KLA-Tencor Corporation            KLAC   KLAC1C

40 Krispy Kreme Doughnuts Inc        KKD    KKD1C

41 Merck & Co., Inc.                 MRK    MRK1C




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42 Merrill Lynch & Co., Inc.               MER         MER1C
   Micron Technology Inc                   MU          MU1C
43
   Microsoft Corporation                   MSFT        MSFT1C
44
   Morgan Stanley Dean Witter & Co.        MWD         MWD1C
45
46 Motorola, Inc.                          MOT         MOT1C

47 Newmont Mining Corp Hldg Co             NEM         NEM1C

48 Nokia Corporation ADR                   NOK         NOK1C
     Northrop Grumman Corp                 NOC         NOC1C
49
     Novellus Systems Inc                  NVLS        NVLS1C
50
     Oracle Corporation                    ORCL        ORCL1C
51
52 PepsiCo Inc                             PEP         PEP1C

53 Pfizer                                  PFE         PFE1C

54 Philip Morris                           MO          MO1C
   Procter & Gamble Co)                    PG          PG1C
55
   QLogic Corp                             QLGC        QLGC1C
56
   QUALCOMM, Inc.                          QCOM        QCOM1C
57
58 SBC Communications Inc                  SBC         SBC1C

59 Schlumberger Ltd                        SLB         SLB1C

60 * Siebel Systems, Inc.                  SEBL        SEBL1C

61 * Sprint Corp-PCS Group                 PCS         PCS1C
   Starbucks Corp                          SBUX        SBUX1C
62
   * Sun Microsytems                       SUNW        SUNW1C
63
64 Symantec Corp                           SYMC        SYMC1C

65 Texas Instruments Incorporated          TXN         TXN1C

66 Tyco International Ltd                  TYC         TYC1C

67 * UAL Corp                              UAL         UAL1C
   VERITAS Software Corporation            VRTS        VRTS1C
68
   Verizon Communications Inc              VZ          VZ1C
69
70 Wal-Mart Stores Inc                     WMT         WMT1C

71 Xilinx Inc                              XLNX        XLNX1C

 * Trading on these stocks has been postponed because under current market
         conditions they do not meet OneChicago's listing standards.




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Appendix C – OneChicago Initial List of Narrow-based Indexes

  Note: OneChicago intends to adjust index components and share weightings over time
  to reflect changing market conditions. See the information on index construction and
  corporate events on the OneChicago web site for additional details.
         OneChicago
   Index    Base
  Symbol Symbol            Name
 1XARO XARO2C       Aerospace                                     Underlying Number
                                                                   Symbol       of
                                                                             Shares
                         Boeing Co.                                  BA        300
                         Lockheed Martin Corp.                        LMT        200
                         Northrop Grumman Corp                        NOC        100
                         Raytheon Co.                                 RTN        400
                         United Technologies Corp.                    UTX        200


 2XBNK XBNK2C            Banks                                    Underlying Number
                                                                   Symbol       of
                                                                             Shares
                         Bank of America Corp                        BAC       100
                         Bank One                                     ONE        200
                         J.P. Morgan Chase & Co.                       JPM       400
                         Wachovia Corp.                                WB        200
                         Wells Fargo & Co.                            WFC        200


 3XBTC    XBTC2C         Biotechnology                            Underlying Number
                                                                   Symbol       of
                                                                             Shares
                         Amgen Inc                                  AMGN       100
                         Genentech Inc.                               DNA        200
                         Gilead Sciences Inc.                         GILD       200
                         IDEC Pharmaceuticals Corp                    IDPH       200
                         Medimmune Inc.                               MEDI       200


 4XCMT XCMT2C            Communications Technology                Underlying Number
                                                                   Symbol       of
                                                                             Shares
                         Cisco Systems, Inc.                        CSCO       500
                         Motorola, Inc.                               MOT        600
                         Nokia Corporation ADR                        NOK        400
                         QUALCOMM, Inc.                              QCOM        200
                         Scientific-Atlanta Inc.                      SFA        400


 5XFIS    XFIS2C         Diversified Financial                    Underlying Number
                                                                   Symbol       of
                                                                             Shares
                         American Express                            AXP       200
                         Citigroup, Inc.                                C        200
                         Fannie Mae                                   FNM        100
                         Freddie Mac                                   FRE       100
                         Household International Inc.                  HI        200




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6XELC    XELC2C      Electric Utilities                    Underlying Number
                                                            Symbol       of
                                                                      Shares
                     American Electric Power Co. Inc.         AEP       400
                     Consolidated Edison Inc.                  ED       200
                     Dominion Resources Inc. of Virginia        D       200
                     Duke Energy Corp.                         DUK      400
                     TXU Corp.                                 TXU      500


7XIDD    XIDD2C      Industrial, Diversified               Underlying Number
                                                            Symbol       of
                                                                      Shares
                     3M Co.                                  MMM        100
                     Emerson Electric Co.                      EMR      200
                     General Electric Company                  GE       400
                     Illinois Tool Works Inc.                  ITW      200
                     Ingersoll-Rand Co. Ltd.                    IR      300


8XSCR XSCR2C         Investment Services                   Underlying Number
                                                            Symbol       of
                                                                      Shares
                     Goldman Sachs Group, Inc.                GS        100
                     Lehman Brothers Holdings Inc.             LEH      100
                     Merrill Lynch & Co., Inc.                 MER      200
                     Morgan Stanley Dean Witter & Co.         MWD       200
                     State Street Corp.                        STT      200


9XMET XMET2C         Mining and Metals                                Number
                                                           Underlying    of
                                                            Symbol Shares
                     Alcan Inc.                               AL        200
                     Barrick Gold Corp.                        ABX      400
                     Gold Fields Ltd. ADR                      GFI      500
                     Newmont Mining Corp Hldg Co               NEM      300
                     Placer Dome Inc.                          PDG      700


10XOIL   XOIL2C      Oil Companies                         Underlying Number
                                                            Symbol       of
                                                                      Shares
                     BP PLC ADR                               BP        200
                     ChevronTexaco Corp                        CVX      100
                     Exxon Mobil Corporation                   XOM      200
                     Royal Dutch Petroleum Co. ADR             RD       200
                     TotalFinaElf ADR                          TOT      100


11XDRG XDRG2C        Pharmaceuticals                       Underlying Number
                                                            Symbol       of
                                                                      Shares
                     Eli Lilly & Co.                          LLY       100
                     Johnson & Johnson                         JNJ      100
                     Merck & Co., Inc.                         MRK      100




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                    Pfizer                                    PFE      200
                    Wyeth                                     WYE      200


12XRTS XRTS2C       Retail                                Underlying Number
                                                           Symbol       of
                                                                     Shares
                    Home Depot Inc                           HD        200
                    Kohl's Corp.                              KSS      100
                    Lowe's Cos.                               LOW      100
                    Target Corp.                              TGT      200
                    Wal-Mart Stores Inc                      WMT       100


13XSEM XSEM2C       Semiconductors                        Underlying Number
                                                           Symbol       of
                                                                     Shares
                    Intel Corporation                       INTC       400
                    KLA-Tencor Corporation                   KLAC      200
                    Maxim Integrated Products, Inc.          MXIM      200
                    Texas Instruments Incorporated            TXN      300
                    Xilinx Inc                               XLNX      300


14XSOF XSOF2C       Software                              Underlying Number
                                                           Symbol       of
                                                                     Shares
                    Intuit Inc.                             INTU       100
                    Microsoft Corporation                    MSFT      100
                    Oracle Corporation                       ORCL      600
                    PeopleSoft Inc.                          PSFT      400
                    VERITAS Software Corporation             VRTS      400


15XTHQ XTHQ2C       Technology Hardware and Equipment Underlying Number
                                                       Symbol       of
                                                                 Shares
                    Apple Computer Inc.                 AAPL       400
                    Dell Computer Corporation                DELL      200
                    Hewlett-Packard Co.                       HPQ      400
                    International Business Machines           IBM      100
                    QLogic Corp                              QLGC      200




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Appendix D – Nasdaq Liffe Markets LLC Initial Stock Listing

                                 Nasdaq Liffe Markets Initial Stock Listing*
                       Stock                Symbol                      GICS Group             Exchange
 1 Advanced Micro Devices                   AMD      Semiconductor Equipment & Products        NYSE
 2 American International Group             AIG      Insurance                                 NYSE
 3 Amgen Inc                                AMGN     Biotechnology                             Nasdaq
 4 AOL Time Warner                          AOL      Media                                     NYSE
 5 Applied Materials                        AMAT     Semiconductor Equipment & Products        Nasdaq
 6 AT&T Corp                                T        Diversified Telecommunications Services   NYSE
 7 Bank of America Corp                     BAC      Diversified Financial                     NYSE
 8 Bristol-Myers Squibb                     BMY      Pharmaceuticals                           NYSE
 9 Brocade Communications System            BRCD     Communications Equipment                  Nasdaq
10 ChevronTexaco                            CVX      Oil & Gas                                 NYSE
11 Cisco Systems Inc                        CSCO     Communications Equipment                  Nasdaq
12 Citigroup Inc                            C        Diversified Financial                     NYSE
13 Coca Cola Co                             KO       Beverages                                 NYSE
14 Dell Computer Corp                       DELL     Computers & Peripherals                   Nasdaq
15 eBay                                     EBAY     Internet & Catalogue                      Nasdaq
16 EMC Corp/Massachusetts                   EMC      Computer - Peripherals                    NYSE
17 Exxon Mobil                              XOM      Oil & Gas                                 NYSE
18 Ford Motor                               F        Automobiles                               NYSE
19 General Electric                         GE       Industrial Conglomerate                   NYSE
20 General Motors                           GM       Automobiles                               NYSE
21 Genzyme Corp-General Division            GENZ     Biotechnology                             Nasdaq
22 Hewlett-Packard Co.                      HPQ      Computers                                 NYSE
23 Home Depot                               HD       Specialty Retail                          NYSE
24 Honeywell International Inc              HON      Aerospace & Defense                       NYSE
25 Int'l Business Machines Corp             IBM      Computers & Peripherals                   NYSE
26 Intel Corp                               INTC     Semiconductor Equipment & Products        Nasdaq
27 Johnson & Johnson                        JNJ      Pharmaceuticals                           NYSE
28 JP Morgan Chase & Co                     JPM      Diversified Financial                     NYSE
29 Juniper Networks Inc                     JNPR     Communication Equipment                   Nasdaq
30 Merck                                    MRK      Pharmaceuticals                           NYSE
31 Merrill Lynch & Co Inc                   MER      Diversified Financial                     NYSE
32 Micron Technology Inc                    MU       Semiconductor Equipment & Products        NYSE
33 Microsoft Corp                           MSFT     Software                                  Nasdaq
34 Morgan Stanley Dean Witter & Co          MWD      Diversified Financial                     NYSE
35 Oracle Corp                              ORCL     Software                                  Nasdaq
36 PepsiCo Inc                              PEP      Beverages                                 NYSE
37 Pfizer Inc                               PFE      Pharmaceuticals                           NYSE
38 Procter & Gamble                         PG       Household Products                        NYSE
39 Qualcomm Inc                             QCOM     Communications Equipment                  Nasdaq
40 SBC Communications Inc                   SBC      Diversified Telecommunications Services   NYSE
41 Siebel Systems Inc                       SEBL     Software                                  Nasdaq
42 Sun Microsystems Inc                     SUNW     Computers & Peripherals                   Nasdaq
43 Texas Instruments Inc                    TXN      Semiconductor Equipment & Products        Nasdaq
44 Veritas Software Corp                    VRTS     Software                                  NYSE
45 Verizon Communications Inc               VZ       Diversified Telecommunications Services   NYSE




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46 Wal-Mart Stores Inc                WMT        Multiline Retail                         NYSE
47 Walt Disney Company                DIS        Media                                    NYSE

*The stocks listed above are subject to modification.




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Appendix E – Enumeration Files for Market Data Systems
                                      10 October 2002

     Introduction
     New enumerations result from the introduction of new quote conditions mnemonics for
     single stock futures. These are referenced internally (by convention) as numeric codes
     called enumerated values. The codes are assigned at the head end delivery system and
     need to be translated to readable text within bottom end displaying applications using a
     shared translation table.

     Reuters market data systems (TIB, Triarch, & MDS) have adopted a similar model
     wherein the reference mappings of all enumerated values to text are in an editable
     configuration table within a file known to components of that system, i.e., a data
     dictionary. This allows users to meet time-to-market pressures and perform custom
     modifications or additions manually, or wait for deployment of updated configuration files
     within component or special releases. Note that applications that have not been
     updated to new enumerated values will NOT crash, but will display “0” or “NULL,”
     or in certain cases, the raw numeric value.

     Implementation differences between TIB and Triarch/RMDS and between IDN and
     Bridgefeed are noted below.

     Following is a summary of how the new single stock futures enumerated type definitions
     will be released:

            The London based Reuters IDN group will release a display template release,
             V9.4, which is used by display and other desktop applications.
            The Oak Brook based RMDS and Triarch toolkit group will release these
             definitions in a Service Pack by end of November 2002. This Service Pack will
             contain individual definition files for each developer toolkit, which are also
             accessed by RMDS and Triarch infrastructure components (RTIC, Source
             Distributor, and Sink Distributor) as needed.
            The Palo Alto based TIB feed handler group will release their enumerated type
             definitions in a service pack by end of November 2002. This service pack is
             used with both the TIB RDF Feedhandler and the TIB RSF+ Feedhandler. Other
             components in the classic TIB infrastructure access this definition file as needed.

     Note that all files will be posted on Reuters internal Electronic Distribution System and
     can be pulled down by client facing teams.

     IDN
     Triarch/RMDS users will need a new enumtype.def configuration file. TIB users will need
     a new REUT_enum_field.cf file. These updated files will be included in special Service        Comment [w1]:
     Packs as well as all future releases of respective infrastructure components.                 Comment [m2]: We need to explain where/how
                                                                                                   they can get the info they need to edit the file for the
                                                                                                   new enum.




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     IDN       Feedhandlers          Infrastructure           Toolkits         Desktops/Applica
                                                                                        tions
  Triarch      Will read from       Will read from       Will read from        New or modified
               new or modified      new or modified      new or modified       enumtype.def
               enumtype.def         enumtype.def         enumtype.def          configuration file
               configuration file   configuration file   configuration file    required. May also
               associated with      associated with      associated with       need ENUM.DEF
               application          application          application           file for display
                                                                               templates
  RMDS         Will read from       Will read from       Will read from        New or modified
               new or modified      new or modified      new or modified       enumtype.def
               enumtype.def         enumtype.def         enumtype.def          configuration file
               configuration file   configuration file   configuration file    required.
                                                                               May also need
                                                                               ENUM.DEF file for
                                                                               display templates
  TIB          New or modified      Will read from       Will read from        Will read from new
               REUT_enum.cf         new or modified      new or modified       or modified
               file required        REUT_enum.cf         REUT_enum.cf          REUT_enum.cf file
                                    file associated      file associated       associated with
                                    with Reuters feed    with Reuters feed     Reuters feed
                                    handler              handler               handler

NOTES: A new Template service pack will be deployed (TBD) for the following products:
           o Reuters Developers Kit - COM Edition 1.2.1
           o Reuters Developers Kit - C++ Edition 4.3.1
           o Reuters Developers Kit - OLE DB Edition 1.2
           o Reuters Developers Kit - Java Edition 3.1
           o SSL Developers Kit – Java Edition 2.0.2
           o SSL Developers Kit – Classic Edition 4.0.10
           o SSL Adapter 4.4
           o WebLink Toolkit 1.1.1
           o SSL 4.5 Developers Kit
However, for the products listed above applications that have not been updated to new
Templates will NOT crash, but will display “0” or “NULL.”

BridgeFeed
Triarch/RMDS users will need to use new rtdisptemp.txt, enummap.txt, exchabrv.txt and
long_brdisplaytemp.txt files or edit their existing files. These files are included in the special
service pack as well as all future releases of BFSS. TIB BIDF users will need a new
BIDF_fields.cf file.




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BridgeFeed      Feedhandlers        Infrastructure       Toolkits       Desktops/Appli
                                                                           cations
Triarch                New or      No Impact            No Impact         No Impact
                      modified
                 rtdisptemp.txt,
                 enummap.txt,
                  exchabrv.txt
                         and
                long_brdisplayt
                  emp.txt files
                      required
RMDS                   New or         No Impact         No Impact          No Impact
                      modified
                 rtdisptemp.txt,
                 enummap.txt,
                  exchabrv.txt
                         and
                long_brdisplayt
                  emp.txt files
                      required
TIB                    New or      No Impact: BIDF      No Impact:         No Impact
                      modified     sends strings for    BIDF sends
                 BIDF_fields.cf      exchanges.          strings for
                   file required                        exchanges.


      Service Packs
            SDK APIs Template Service Pack 2.0

           The SDK API service pack will provide updated "enumeratedtype.def" and
           "appendix_a" file based on the new templates provided by the IDN to support
           Single Stock Futures. This service pack should be used with the already
           released versions of Reuters Developer Kits. The service pack will be applied to
           the following API products.

           Reuters Developers Kit - COM Edition 1.2.1
           Reuters Developer Kit - SFC C++ Edition 4.3.1
           Reuters Developers Kit - OLE DB Edition 1.2.0
           Reuters Developers Kit - Java Edition 3.1
           SSL Developers Kit - Java Edition 2.0.2
           SSL Developers Kit - Classic Edition 4.0.10
           SSL Adapter 4.4
           Weblink Toolkit 1.1.1
           SSL 4.5 Developers Kit

           The service pack will have a Readme section to provide details regarding the
           service pack, for example: Installation Guidelines for each of the supported APIs.

           TIB Feed Handler Service Packs
           The TIB Feed Handler Service Pack provides updated REUT_enum_field.cf for
           RDF Feed Handler and BIDF_fields.cf for BIDF Feed Handler based on the new
           templates to support Single Stock Futures. This service pack should be used


                                          -iii-
    Single Stock Futures on the Reuters and Bridge Networks, White Paper, Version 2.1


             with already released versions of RDF (and RSF+) Feed Handler and BIDF Feed
             Handler.

             Reuters BridgeFeed Source Server (RBFSS) Service Packs
             The BFSS Service Pack will provide updated rtdisptemp.txt, enummap.txt,
             exchabrv.txt and long_brdisplaytemp.txt files based on the new templates
             provided by IDN to support Single Stock Futures. This service pack should be
             used with already released versions of BFSS.

             Date of Availability

             The above Service Packs will be released by end November 2002 and will be
             posted to the EDS.

             Distribution

             Service Packs will be available via the EDS.

             For SDK developers, Reuters Developer Connect, an email based service based
             out of London, will also be distributing these to their developer clients, to ensure
             quick turn around. The details of how it will be distributed by RDC are currently
             being worked out.

             Notification

             A technical notice will be posted when the Service Packs becomes available.

.




                                             -iv-
         Single Stock Futures on the Reuters and Bridge Networks, White Paper, Version 2.1



Appendix F – Record Templates for Nasdaq Liffe Market Data

   Record Template 20, ALL_FUTURES_B
ACRONYM FID          Value / mnemonic
PROD_PERM         1                  3218
RDNDISPLAY        2                  120
DSPLY_NAME        3          Name of Instrument
RDN_EXCHID        4                    0
TRDPRC_1          6               Last Trade
TRDPRC_2          7             Last Trade -1
TRDPRC_3          8             Last Trade -2
TRDPRC_4          9             Last Trade -3
TRDPRC_5         10             Last Trade -4
NETCHNG_1        11   Difference between latest trading
                          price and settlement price
HIGH_1           12    Highest Trade price of the day
LOW_1            13     Lowest Trade price of the day
PRCTCK_1         14               0 / no tick
                           1 / up tick or zero uptick
                        2 / down tick or zero downtick
CURRENCY         15              840 / "USD"
TRADE_DATE       16     Date of associated Last Trade
TRDTIM_1         18    Time of associated Last Trade
OPEN_PRC         19         Official Opening Price
HST_CLOSE        21    Previous Days Settlement Price
BID              22                Best Bid
ASK              25                Best Ask
NEWS             28
NEWS_TIME        29
BIDSIZE          30             Best Bid Size
ASKSIZE          31             Best Ask Size
ACVOL_1          32         Accumulated Volume
CONTR_MNTH       41          "DEC2" for example
TRD_UNITS        53     2 / "2DP " 2 decimal places
LOTSZUNITS       54             53 / "SHARE"
PCTCHNG          56   Percent change in the latest trade
                            price vs. historic close
OPEN_BID         57   The first Best Bid Price of the day
OPEN_ASK         59   The first Best Ask Price of the day
CLOSE_BID        60   The last Best Bid Price of the day
CLOSE_ASK        61   The last Best Ask Price of the day
LOCHIGH          62 Highest Trade price during life of the
                                 contract
LOCLOW           63 Lowest Trade price during life of the
                                 contract
OPINT_1          64 Current number of contracts open
OPINTNC          65 Difference between the current and
                        previous days Open Interest
STRIKE_PRC       66
EXPIR_DATE       67        Date of contract expiry
SETTLE           70       Today's Settlement price
UPLIMIT          75                    0




                                                            -i-
         Single Stock Futures on the Reuters and Bridge Networks, White Paper, Version 2.1


LOLIMIT           76                  0
OFFCL_CODE        78           0000000CVXZ2
HSTCLSDATE        79 Date associated with previous Days
                              Settlement Price
LIMIT_IND         99
TURNOVER         100                  0
BOND_TYPE        104
BCKGRNDPAG       105                 ****
PUTCALLIND       109              0 / "CALL"
YCHIGH_IND       110
YCLOW_IND        111
PRC_QL_CD        118
PRC_QL2          131
MKT_ST_IND       133
TDY_UN_CLS       137                  0
TDY_OF_CLS       143          Offical Close Price
TRDVOL_1         178   Trade volume of associated trade
HIGHTP_1         196
LOWTP_1          197
LOT_SIZE_A       198      Number of contracts per lot
RECORDTYPE       259                 114
OPEN_TIME        285                   :
HIGH_TIME        286                   :
LOW_TIME         287                   :
SETTLEDATE       288 Date associated with current day's
                             Settlement Price
BID_TONE         345
ASK_TONE         346
STOP_HIGH        348
STOP_LOW         349
OPINT_DATE       369
IRGPRC           372                  0
IRGVOL           373                  0
IRGCOND          374
TIMCOR           375                  : :
SALTIM           379                  : :
TNOVER_SC        380
HST_VOL          383                  0
EXERCISED        412                  0
BEST_BID1        436   Best Bid order book, rippled from
                               previous best bid
BEST_BID2        437   Best Bid order book, rippled from
                               previous best bid
BEST_BID3        438   Best Bid order book, rippled from
                               previous best bid
BEST_BID4        439   Best Bid order book, rippled from
                               previous best bid
BEST_BID5        440   Best Bid order book, rippled from
                               previous best bid
BEST_ASK1        441   Best Ask order book, rippled from
                              previous best Ask
BEST_ASK2        442   Best Ask order book, rippled from
                              previous best Ask
BEST_ASK3        443   Best Ask order book, rippled from
                              previous best Ask



                                                           - ii -
        Single Stock Futures on the Reuters and Bridge Networks, White Paper, Version 2.1


BEST_ASK4       444    Best Ask order book, rippled from
                                previous best Ask
BEST_ASK5       445    Best Ask order book, rippled from
                                previous best Ask
BCAST_REF       728   Cross reference of RIC to broadcast
                                   news data
BEST_BSIZ1      730   Best Bid order book volume, rippled
                             from previous best bid
BEST_BSIZ2      731   Best Bid order book volume, rippled
                             from previous best bid
BEST_BSIZ3      732   Best Bid order book volume, rippled
                             from previous best bid
BEST_BSIZ4      733   Best Bid order book volume, rippled
                             from previous best bid
BEST_BSIZ5      734   Best Bid order book volume, rippled
                             from previous best bid
BEST_ASIZ1      735   Best Ask order volume book, rippled
                            from previous best Ask
BEST_ASIZ2      736   Best Ask order volume book, rippled
                            from previous best Ask
BEST_ASIZ3      737   Best Ask order volume book, rippled
                            from previous best Ask
BEST_ASIZ4      738   Best Ask order volume book, rippled
                            from previous best Ask
BEST_ASIZ5      739   Best Ask order volume book, rippled
                            from previous best Ask
HST_SESVOL      758                     0
PRV_HIGH        759                   0
PRV_LOW         760                   0
PRV_OPEN        761                   0
PRV_LAST        762                   0
CROSS_SC        825          Scaling to be applied
OFF_CD_IND      869
ACT_FLAG1       975        Flag to denote Trade type
ACT_FLAG2       976 Flag to denote previous Trade type
ACT_FLAG3       977 Flag to denote previous Trade type
ACT_FLAG4       978 Flag to denote previous Trade type
ACT_FLAG5       979 Flag to denote previous Trade type
SEQNUM         1021                   0
PRNTBCK        1023                   0
OFF_CD_IN2     1055
OFFC_CODE2     1056
EXCHTIM        1067                   : :
CONV_FAC       1078                   0
PREF_DISP      1080                  2013
DSPLY_NMLL     1352
VOL_X_PRC1     1379
OFF_OPNBID     1380
OFF_OPNASK     1381
SESSION_TP     1382
DSO_ID         1383
PUT_CALL       1643
RDN_EXCHD2 1709                  515 / "NLX"
INSTU_NAME     2130
AVG_PRC        2285
ALIAS          2320




                                                        -iii-
         Single Stock Futures on the Reuters and Bridge Networks, White Paper, Version 2.1


IRGFID          3131
IRGVAL          3132




   Record Template 38, ALL_SECURITIES_B
ACRONYM      FID         Value / Mnemonic
PROD_PERM               1              6273
RDNDISPLAY              2               120
DSPLY_NAME              3       Name of Instrument
RDN_EXCHID              4
TIMACT                  5                 :
TRDPRC_1                6                0
TRDPRC_2                7                0
TRDPRC_3                8                0
TRDPRC_4                9                0
TRDPRC_5               10                0
NETCHNG_1              11                0
HIGH_1                 12                0
LOW_1                  13                0
PRCTCK_1               14
CURRENCY               15           840 / "USD"
TRADE_DATE             16
TRDTIM_1               18                 :
OPEN_PRC               19                0
HST_CLOSE              21                0
BID                    22                0
ASK                    25                0
NEWS                   28
NEWS_TIME              29                 :
BIDSIZE                30                0
ASKSIZE                31                0
ACVOL_1                32                0
EARNINGS               34                0
YIELD                  35                0
PERATIO                36                0
DIVIDENDTP             37
DIVPAYDATE             38
EXDIVDATE              39
TRD_UNITS              53   2 / "2DP “ (2 decimal places)
LOT_SIZE               55                0
PCTCHNG                56                0
STRIKE_PRC             66                0
EXPIR_DATE             67
MATUR_DATE             68
DIVIDEND               71                0
UPLIMIT                75                0
LOLIMIT                76                0
NUM_MOVES              77                0
OFFCL_CODE             78                0
HSTCLSDATE             79




                                                      -iv-
         Single Stock Futures on the Reuters and Bridge Networks, White Paper, Version 2.1


YRHIGH                90                  0
YRLOW                 91                  0
EPYHSTCLOS            98                  0
TURNOVER             100                  0
BOND_TYPE            104
BCKGRNDPAG           105                 ****
YCHIGH_IND           110
YCLOW_IND            111
CUM_EX_MKR           117
PRC_QL_CD            118
PRC_QL2              131
MID_PRICE            134                  0
BUYER_ID             162
SELLER_ID            163
TRDVOL_1             178                  0
RECORDTYPE           259                114
ASK_VOLUME           289                  0
NO_BIDMMKR           291                  0
NO_ASKMMKR           292                  0
BID_TONE             345
ASK_TONE             346
YRHIGHDAT            350
YRLOWDAT             351
IRGPRC               372                  0
IRGVOL               373                  0
IRGCOND              374
TIMCOR               375                  : :
SALTIM               379                  : :
TNOVER_SC            380
BEST_BID1            436 Best Bid order book, rippled from
                                  previous best bid
BEST_BID2            437 Best Bid order book, rippled from
                                  previous best bid
BEST_BID3            438 Best Bid order book, rippled from
                                  previous best bid
BEST_BID4            439 Best Bid order book, rippled from
                                  previous best bid
BEST_BID5            440 Best Bid order book, rippled from
                                  previous best bid
BEST_ASK1            441 Best Ask order book, rippled from
                                  previous best Ask
BEST_ASK2            442 Best Ask order book, rippled from
                                  previous best Ask
BEST_ASK3            443 Best Ask order book, rippled from
                                  previous best Ask
BEST_ASK4            444 Best Ask order book, rippled from
                                  previous best Ask
BEST_ASK5            445 Best Ask order book, rippled from
                                  previous best Ask
BCAST_REF            728      Cross reference of RIC to
                                broadcast news data
BEST_BSIZ1           730 Best Bid order book volume, rippled
                               from previous best bid
BEST_BSIZ2           731 Best Bid order book volume, rippled
                               from previous best bid




                                                      -v-
      Single Stock Futures on the Reuters and Bridge Networks, White Paper, Version 2.1


BEST_BSIZ3        732 Best Bid order book volume, rippled
                             from previous best bid
BEST_BSIZ4        733 Best Bid order book volume, rippled
                             from previous best bid
BEST_BSIZ5        734 Best Bid order book volume, rippled
                             from previous best bid
BEST_ASIZ1        735    Best Ask order volume book,
                        rippled from previous best Ask
BEST_ASIZ2        736    Best Ask order volume book,
                        rippled from previous best Ask
BEST_ASIZ3        737    Best Ask order volume book,
                        rippled from previous best Ask
BEST_ASIZ4        738    Best Ask order volume book,
                        rippled from previous best Ask
BEST_ASIZ5        739    Best Ask order volume book,
                        rippled from previous best Ask
NO_BIDMKR2        740                  0
NO_BIDMKR3        741                  0
NO_BIDMKR4        742                  0
NO_BIDMKR5        743                  0
NO_ASKMKR2        744                  0
NO_ASKMKR3        745                  0
NO_ASKMKR4        746                  0
NO_ASKMKR5        747                  0
LONGLINK1         800
LONGLINK2         801
CROSS_SC          825        Scaling to be applied
OFF_CD_IND        869
FLOOR_VOL         899                  0
WNT_RATIO         947                  0
HST_CLOSE2        963                  0
BKGD_REF          967
ACT_FLAG1         975
ACT_FLAG2         976
ACT_FLAG3         977
ACT_FLAG4         978
ACT_FLAG5         979
GEN_VAL1          996                  0
GEN_VAL2          997             VWAP Bid
GEN_VAL3          998             VWAP Ask
GEN_VAL4          999             Ask TotVol
GV1_TEXT         1000
GV2_TEXT         1001          Text Bid "VWAP"
GV3_TEXT         1002          Text Ask "VWAP"
GV4_TEXT         1003          Text Ask "TotVol"
SEQNUM           1021                  0
PRNTBCK          1023                  0
GV1_DATE         1028
GEN_VAL6         1030             Bid TotVol
GEN_VAL7         1031                  0
GV5_TEXT         1035
GV6_TEXT         1036          Text Bid "TotVol"
GV7_TEXT         1037
GV2_DATE         1051




                                                     -vi-
        Single Stock Futures on the Reuters and Bridge Networks, White Paper, Version 2.1


OFF_CD_IN2         1055
OFFC_CODE2         1056
EXCHTIM            1067                  : :
PREF_DISP          1080                2044
DSPLY_NMLL         1352
VOL_X_PRC1         1379                  0
DSO_ID             1383                @HB
ADJUST_CLS         1465                  0
WEIGHTING          1496                  0
STOCK_TYPE         1501
RDN_EXCHD2         1709              515 / NLX
CP_ADJ_FCT         1787                  0
CP_ADJ_DAT         1788
YR_PCTCH           2127                  0
EPYR_PCTCH         2128                  0
ALIAS              2320
GV2_CURRCY         2382
WEIGHT_SPR         2388                  0
WEIGHTING2         2405                  0
WEIGHTING3         2406                  0
BEST_BID6          2407 Best Bid order book, rippled from
                                  previous best bid
BEST_BID7          2408 Best Bid order book, rippled from
                                  previous best bid
BEST_BID8          2409 Best Bid order book, rippled from
                                  previous best bid
BEST_BID9          2410 Best Bid order book, rippled from
                                  previous best bid
BEST_BID10         2411 Best Bid order book, rippled from
                                  previous best bid
BEST_ASK6          2412 Best Ask order book, rippled from
                                  previous best Ask
BEST_ASK7          2413 Best Ask order book, rippled from
                                  previous best Ask
BEST_ASK8          2414 Best Ask order book, rippled from
                                  previous best Ask
BEST_ASK9          2415 Best Ask order book, rippled from
                                  previous best Ask
BEST_ASK10         2416 Best Ask order book, rippled from
                                  previous best Ask
BEST_BSIZ6         2417 Best Bid order book volume, rippled
                               from previous best bid
BEST_BSIZ7         2418 Best Bid order book volume, rippled
                               from previous best bid
BEST_BSIZ8         2419 Best Bid order book volume, rippled
                               from previous best bid
BEST_BSIZ9         2420 Best Bid order book volume, rippled
                               from previous best bid
BEST_BSZ10         2421 Best Bid order book volume, rippled
                               from previous best bid
BEST_ASIZ6         2422    Best Ask order volume book,
                          rippled from previous best Ask
BEST_ASIZ7         2423    Best Ask order volume book,
                          rippled from previous best Ask
BEST_ASIZ8         2424    Best Ask order volume book,
                          rippled from previous best Ask
BEST_ASIZ9         2425    Best Ask order volume book,
                          rippled from previous best Ask




                                                        -
                                                     -vii
         Single Stock Futures on the Reuters and Bridge Networks, White Paper, Version 2.1


BEST_ASZ10          2426    Best Ask order volume book,
                           rippled from previous best Ask
NO_BIDMKR6          2427
NO_BIDMKR7          2428
NO_BIDMKR8          2429
NO_BIDMKR9          2430
NO_BIDMK10          2431
NO_ASKMKR6          2432
NO_ASKMKR7          2433
NO_ASKMKR8          2434
NO_ASKMKR9          2435
NO_ASKMK10          2436
IRGFID              3131
IRGVAL              3132




                                                     - -
                                                     viii
         Single Stock Futures on the Reuters and Bridge Networks, White Paper, Version 2.1



Appendix G – Record Template for OneChicago Market Data

       Record Template 138, COMMODITY_B
ACRONYM FID              Value / Mnemonic
PROD_PERM         1                              8613
RDNDISPLAY        2                              77
DSPLY_NAME        3 Instrument name
RDN_EXCHID        4 N/A
TIMACT            5 Time of update
TRDPRC_1          6 Latest trade price
TRDPRC_2          7 Trade price, ripple from 6
TRDPRC_3          8 Trade price, ripple from 7
TRDPRC_4          9 Trade price, ripple from 8
TRDPRC_5         10 Trade price, ripple from 9
NETCHNG_1        11 Net change
HIGH_1           12 Daily high
LOW_1            13 Daily low
PRCTCK_1         14 0 (NO_TICK)
                      1 (UP_TICK)
                      2 (DOWN_TICK)
CURRENCY         15 Enumeration 840 = USD
TRADE_DATE       16 Current trading date
ACTIV_DATE       17 Current trading date
TRDTIM_1         18 Time of update
HST_CLOSE        21 Historic close
BID              22 Best Bid
ASK              25 Best Ask
NEWS             28 N/A
NEWS_TIME        29 Time of news story
BIDSIZE          30 Best Bid Size
ASKSIZE          31 Best Ask Size
ACVOL_1          32 Accumulated Volume
CONTR_MNTH       41 Contract month
OPEN1            47 Opening Price
OPEN2            48 N/A
OPNRNGTP         49 4 (None)
CLOSE1           50 N/A
CLOSE2           51 N/A
CLSRNGTP         52 4 (None)
TRD_UNITS        53 0 (ZERO_DEC)
                      1 (ONE_DEC)
                      2 (TWO_DEC)
                      3 (THREE_DEC)
                      4 (FOUR_DEC)
                      5 (FIVE_DEC)
                      6 (SIX_DEC)
                      7 (SEVEN_DEC)
LOTSZUNITS       54 Lot Size Unit
LOT_SIZE         55 Lot Size
PCTCHNG          56 Percentage change




                                                        -i-
      Single Stock Futures on the Reuters and Bridge Networks, White Paper, Version 2.1


LOCHIGH        62 Contract high
LOCLOW         63 Contract low
OPINT_1        64 Open Interest
OPINTNC        65 Open Interest Net Change
EXPIR_DATE     67 Contract Expiration Date
SETTLE         70 Settlement Price
UPLIMIT        75 N/A
LOLIMIT        76 N/A
NUM_MOVES      77 Number of moves
OFFCL_CODE     78 Unique contract identification code
HSTCLSDATE     79 Historic close date
LIMIT_IND      99 0 / " ", normal trading
                  1 / "LUP", trading at upper limit
                  2 / "LDN", trading at lower limit
TURNOVER      100 Cash In Lieu
BOND_TYPE     104 N/A
BCKGRNDPAG    105 N/A


YCHIGH_IND    110 0 (FALSE)
                  1 (TRUE)
YCLOW_IND     111 0 (FALSE)
                  1 (TRUE)
PRC_QL2       131 0 / " " normal market
                  46 / "DLY", delayed trade
                  66 / "SPR", Spread trade
                  67 / "STR", Straddle trade
                  73 / "AUT", automatic execution
                  99 / "RCK", Threshold break in last trade price
                  110 / "CMB", Comb buy & sell
                  132 / "O ", opening trade
                  140 / "ADJ", adjusted
                  149 / "REO", reopening
                  151 / "STP", stopped trade
                  170 / "B/W", buy/write trade
MKT_ST_IND    133 0 / " ", Normal
                  1 / "FAS", Fast market
                  3 / "THA", Halted
                  32 / "AUE", Auto Execution
                  33 / "SBB", Specialist Book Bid
                  34 / "SBA", Specialist Book Ask
                  35 / "BBA", Specialist Book Bid and Ask
                  36 / "INA", Inactive
                  37 / "ROT", Rotation
BUYER_ID      162 N/A
SELLER_ID     163 N/A
TRDVOL_1      178 Traded Volume
HIGHTP_1      196 N/A
LOWTP_1       197 N/A
LOT_SIZE_A    198 Lot Size, normally 100
RECORDTYPE    259 Instrument type - 114 (equity futures)




                                                        - ii -
     Single Stock Futures on the Reuters and Bridge Networks, White Paper, Version 2.1


ACT_TP_1     270 0 / " ", undefined
                 1 / " ", no tick
                 2 / " U", up tick
                 3 / " D", down tick
                 4 / " S", settlement price
                 10 / "CB", closing bid
                 11 / "CA" closing ask
                 12 / "CT", closing trade
                 15 / "CN", closing nominal
                 16 / " B", bid
                 17 / "PS", previous settlement
                 18 / " A", ask
                 46 / "kT", cabinet trade
                 47 / "kB", cabinet bid
                 48 / "kA", cabinet ask
ACT_TP_2     271 0 / " ", undefined
                 1 / " ", no tick
                 2 / " U", up tick
                 3 / " D", down tick
                 4 / " S", settlement price
                 10 / "CB", closing bid
                 11 / "CA" closing ask
                 12 / "CT", closing trade
                 15 / "CN", closing nominal
                 16 / " B", bid
                 17 / "PS", previous settlement
                 18 / " A", ask
                 46 / "kT", cabinet trade
                 47 / "kB", cabinet bid
                 48 / "kA", cabinet ask
ACT_TP_3     272 0 / " ", undefined
                 1 / " ", no tick
                 2 / " U", up tick
                 3 / " D", down tick
                 4 / " S", settlement price
                 10 / "CB", closing bid
                 11 / "CA" closing ask
                 12 / "CT", closing trade
                 15 / "CN", closing nominal
                 16 / " B", bid
                 17 / "PS", previous settlement
                 18 / " A", ask
                 46 / "kT", cabinet trade
                 47 / "kB", cabinet bid
                 48 / "kA", cabinet ask
ACT_TP_4     273 0 / " ", undefined
                 1 / " ", no tick
                 2 / " U", up tick
                 3 / " D", down tick
                 4 / " S", settlement price




                                                  -iii-
     Single Stock Futures on the Reuters and Bridge Networks, White Paper, Version 2.1


                 10 / "CB", closing bid
                 11 / "CA" closing ask
                 12 / "CT", closing trade
                 15 / "CN", closing nominal
                 16 / " B", bid
                 17 / "PS", previous settlement
                 18 / " A", ask
                 46 / "kT", cabinet trade
                 47 / "kB", cabinet bid
                 48 / "kA", cabinet ask
ACT_TP_5     274 0 / " ", undefined
                 1 / " ", no tick
                 2 / " U", up tick
                 3 / " D", down tick
                 4 / " S", settlement price
                 10 / "CB", closing bid
                 11 / "CA" closing ask
                 12 / "CT", closing trade
                 15 / "CN", closing nominal
                 16 / " B", bid
                 17 / "PS", previous settlement
                 18 / " A", ask
                 46 / "kT", cabinet trade
                 47 / "kB", cabinet bid
                 48 / "kA", cabinet ask
SEC_ACT_1    275 Net change
SC_ACT_TP1   280 0 / " ", undefined
                 1 / " +", positive net change
                 2 / " -", negative net change
                 3 / " ", zero net change
                 4 / " +", prev sett positive net change
                 5 / " -", prev sett negative net change
                 6 / " ", prev sett zero net change
SETTLEDATE   288 Settlement Date
VOL_FLAG     355 Indicates volume type (F) Final
IRGPRC       372 Irregular price
IRGVOL       373 Irregular volume
IRGCOND      374 0 / " ", Not allocated
                 32 / " 32", not last regular
                 33 / " 33", retransmission regular
                 34 / " 34", retrans not last regular
                 35 / " 35", retrans cancel last regular
                 36 / " 36", retrans cancel not last regular
                 38 / " 38", insert last regular
                 39 / " 39", cancel not last regular
                 40 / " 40", cancel last regular
                 91 / " 91", sold last
                 92 / " 92", not last sold last
                 93 / " 93", retransmission sold last
                 94 / " 94", retrans not last sold last
                 101 / "101", open-late report




                                                          -iv-
Single Stock Futures on the Reuters and Bridge Networks, White Paper, Version 2.1


           102 / "102", not last open-late report
           103 / "103", retrans open-late report
           104 / "104", retrans not last open-late report
           105 / "105", retrans cancel last open-late
           106 / "106", retrans cancel not last open-late
           109 / "109", cancel not last open-late
           110 / "110", cancel last open-late
           111 / "111", open_last
           112 / "112", not last open_last
           113 / "113", retransmission open_last
           115 / "115", retransmission cancel last open_last
           116 / "116", retrans cancel not last open_last
           119 / "119", cancel not last open_last
           120 / "120", cancel last open_last
           141 / "141", sold
           142 / "142", not last sold
           143 / "143", retransmission sold
           144 / "144", retrans last sold
           151 / "151", stop
           152 / "152", not last stop
           153 / "153", retransmission stop
           154 / "154", retrans not last stop
           155 / "155", retrans cancel last stop
           156 / "156", retrans cancel not last stop
           159 / "159", cancel not last stop
           160 / "160", cancel last stop
           161 / "161", automatic
           162 / "162", not last automatic
           163 / "163", retrans automatic
           164 / "164", retrans not last automatic
           171 / "171", reopening
           172 / "172", not last reopening
           173 / "173", retrans reopening
           174 / "174", retrans not last reopening
           181 / "181", adjusted
           182 / "182", not last adjusted
           183 / "183", retrans adjusted
           184 / "184", retrans not last adjusted
           191 / "191", spread
           192 / "192", not last spread
           193 / "193", retrans spread
           194 / "194", retrans not last spread
           201 / "201", straddle
           202 / "202", not last straddle
           203 / "203", retrans straddle
           204 / "204", retrans not last straddle
           311 / "311", recap
           385 / "385", Buy-Write trade
           386 / "386", Not-last Buy-Write
           387 / "387", Retransmission Buy-Write
           388 / "388", Retransmission, Not-last Buy-Write
           389 / "389", Cancel-last Buy-Write




                                                   -v-
         Single Stock Futures on the Reuters and Bridge Networks, White Paper, Version 2.1


                     390 / "390", Cancel Not-last Buy-Write
                     391 / "391", Retransmission, Cancel-last Buy-Write
                     392 / "392", Retransmission, Cancel Not-last Buy-Write
                     401 / "401", Settlement Price
                     402 / "402", Cancel Settlement
                     530 / "530", Comb buy & sell
                     531 / "531", Not Last Comb buy & sell
                     532 / "532", Retrans Comb buy & sell
                     533 / "533", Retrans Not Last Comb buy & sell
TIMCOR           375 Time of correction
SALTIM           379 N/A
TNOVER_SC        380 N/A
HST_VOL          383 Official volume
SESS_HIFLG       384 N/A
SESS_LOFLG       385 N/A
SSPRNG1          386 N/A
SSPRNG2          387 N/A
SSPRNGTP         388 N/A
RSMRNG1          389 N/A
RSMRNG2          390 N/A
RSMRNGTP         391 N/A
VOL_DATE         392 Volume date
PRIMACT_1        393 Last
PRIMACT_2        394 Last 1
PRIMACT_3        395 Last 2
PRIMACT_4        396 Last 3
PRIMACT_5        397 Last 4
BCAST_REF        728 Normally same as LOT_SIZE_A, except after certain
                     corporate actions
PRV_HIGH         759 N/A
PRV_LOW          760 N/A
CROSS_SC         825 N/A
OFF_CD_IND       869 N/A
GEN_VAL1         996 N/A
GEN_VAL2         997 N/A
GV1_TEXT        1000 N/A
GV2_TEXT        1001 N/A
SEQNUM          1021 Sequence number
PRNTBCK         1023 N/A
OFF_CD_IN2      1055 N/A
OFFC_CODE2      1056 Stock RIC
EXCHTIM         1067 Exchange time
CONV_FAC        1078 N/A
PREF_DISP       1080 N/A
DSPLY_NMLL      1352 N/A
VOL_X_PRC1      1379 N/A
DSO_ID          1383 N/A
AVERG_PRC       1393 N/A
RDN_EXCHD2 1709 540 / "ONE"
INSTU_NAME      2130 N/A
LSTTRDDATE      2725 N/A




                                                        -vi-
         Single Stock Futures on the Reuters and Bridge Networks, White Paper, Version 2.1


IRGFID          3131 N/A
IRGVAL          3132 Number of Shares




                                                   -
                                                -vii

				
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posted:5/19/2012
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