TO:	ALL CLEARING PARTICIPANTS
FROM:	CLIENT SERVICES AND SUPPORT
DATE:	February 2, 2005
SUBJECT:	Margin Rates for the Russell Contracts

The following margin intervals for the new Russell 1000 and Russell 2000 Index Futures at Eurex US are effective with the mid-day calculation on Friday, February 4, 2005:

Non Cross-Margin Rates and Spread Credits

Eurex US Inter-Commodity Spread Credit Rates	Spread Margin %	Spread Savings %
Russell 1000 vs Russell 2000 (1:1)	35%	65%

Cross-Margin Rates and Spread Credits

CCorp/OCC Cross-Margin Rates	Margin
Russell 1000	$2900
Russell 2000	$2800

CCorp/OCC Cross-Margin Inter-Commodity Spread Offsets	Method 4 Spread Offset
Any Spread Combination of: Russell 1000 (UL), S&P 100 (OEX), Russell 3000 (RUA), Dow Jones Industrial (DJX), Russell 1000 (RUI), and S& P 500 (SPX).	90%
Any Spread Combination of: Russell 2000 (UK), S&P Midcap 400 (MID), Russell 2000 (RUT), S&P Smallcap 600 (SML), Russell Midcap (RMC), Russell 2000 Growth (RUO), and Russell 2000 Value (RUJ).	85%

Should you have any questions, please call or e-mail one of the following Client Services and Support Representatives: