The New York Futures Exchange, Inc. ("NYFE") trades futures and options products based on the NYSE Composite Index and the CRB Futures Price Index. CRB Index futures were listed for trading by the NYFE on June 12, 1986 and have since attracted a substantial following of professional-and retail-oriented traders. Options on CRB Index futures began trading on October 28, 1988.

The CRB Index is unique among indexes in both its composition and design, and offers tremendous opportunities to firms and individuals. This discussion has provided a brief insight into the Index s construction and its implications for pricing and trading purposes.