1999 IMRF Comprehensive Annual Financial Report

Investments SectionSchedule of 1999 Domestic Brokerage CommissionsIn order of commissions receivedBroker Name Shares Commissions Per ShareInvestment Technology Group 32,732,992 $644,174 $0.02Instinet 15,224,765 227,962 0.01Smith Barney 8,285,736 211,895 0.03Bear Stearns Securities 11,383,130 209,494 0.02Capital Institutional Services* 4,056,700 208,405 0.05Citation Group* 3,458,829 206,412 0.06Lehman Brothers* 3,154,888 180,238 0.06Donaldson Lufkin and Jenrette Securities 3,232,870 178,448 0.06Jefferies and Co. 3,191,055 174,119 0.05Morgan Stanley and Co. 2,899,750 156,593 0.05Merrill Lynch Pierce Fenner and Smith 2,659,545 141,552 0.05Goldman Sachs and Co. 2,524,388 135,768 0.05First Boston Corp. 2,308,500 134,539 0.06Paine Webber 1,971,491 112,201 0.06Cantor Fitzgerald and Co. 2,002,258 100,680 0.05Prudential Securities 2,856,836 90,944 0.03Bernstein, Sanford C. and Co. 1,456,290 81,006 0.06Jones and Associates 1,388,186 79,793 0.06Hambrecht and Quest 1,168,153 69,933 0.06Oppenheimer and Co. 1,129,959 62,464 0.06Lynch Jones and Ryan* 985,200 50,926 0.05J.P. Morgan Securities 901,525 50,838 0.06Other Brokers 21,811,748 1,130,217 0.05Total 130,784,794 $4,638,601 $0.04*Directed commission broker48 Illinois Municipal Retirement Fund