Notice No. CMS-28
March 4, 2002

	COMMODITY EXCHANGE, INC.

NOTICE OF INTENTION TO TRANSFER MEMBERSHIP

Notice of Intention to Transfer Membership has been posted on the bulletin
board of the Exchange by:

Henry Jarecki (HGJ-221)

And

Kevin Touhey (TOHE-9235)

In connection therewith, notification of any claims against the
aforementioned individual arising out of transactions executed on the
Exchange up to the close of business on February 28, 2002, must be submitted
to the Corporate Secretary's Office within ten (10) days.

SWITCH OF STATUS

Please be advised that effective with the close of business, February 28,
2002, Eric Goldfine (ERGO-766) will switch his status from an Option member
to a Full member.  However, Mr. Goldfine will remain a member guaranteed by
Man International, Inc.

TERMINATION OF AFFILIATION

Please be advised that effective immediately, February 28, 2002, Michael
Marcello (MEM-478) will no longer be affiliated with Spear, Leeds & Kellogg.
However, Mr. Marcello will remain a member guaranteed by Spear, Leeds &
Kellogg.

In connection therewith, notification of any claims against the
aforementioned individual arising out of transactions executed on the
Exchange up to the close of business on February 28, 2002, must be submitted
to the Corporate Secretary's Office within the (10) days.

SWITCH OF GUARANTEE
Please be advised that effective immediately, March 1, 2002, Raymond Chung
(CHUN-7898), Richard Flegenheimer (FLEG-7193), Kevin Kline (KVAN-3118),
Kevin Llewellyn (KLEW-7381) and Jose Rodriguez (ROD-7273) will no longer be
guaranteed by Man International, Inc.  However, Messrs. Chung, Flegenheimer,
Kline, Llewellyn and Rodriguez will remain members guaranteed by FC Stone,
LLC.

Inquiries regarding the above should be directed to the Member Services
Department at (212) 299-2377.