Yeah. I think, Jonathan, if you look at the increase in volume in Q4 and gains rate, what you see is the Treasury Complex having a greater rate of increase than the Eurodollar complex which I think is indicative of that. What you do see on the short end of curve end of the Eurodollar complex is the back 32 contracts or actually, year on year volumes are up quite significantly. But you''re starting to see people and have seen people position a little further out the curve on where they think rate movement will take place.
Jonathan Casteleyn – Susquehanna Financial Group
Great. That makes sense. And then, is there any way to talk about or to articulate any recent new product launches in ClearPort? What percentage of revenues they accounted for in the quarter or any percentage of volumes they accounted for?
Rick Redding
Jonathan, I don''t have that in front of me right now, but we can follow up with you.
Jonathan Casteleyn – Susquehanna Financial Group
Okay. Great. Thanks.
Operator
At this time, there are no further questions in the queue. I''ll turn the conference back over to management for any additional remarks.
Craig S. Donohue
It''s Craig. I just want to thank everybody for joining us this quarter and we look forward to talking to you next time. Thank you.
Operator
That concludes today''s conference call. Thank you for your participation.
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