Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

KCBT Wheat Margins Altered - Market Volatility Raises Wheat Margins

Date 19/04/2004

The Kansas City Board of Trade has raised its minimum margins for wheat futures contracts. The changes, effective tomorrow, come as a result of increased market volatility and are as follows:

Hard Red Winter Wheat

Initial

Maintenance

New Margin

Old Margin

New Margin

Old Margin

Speculative

$1125

$1000

$900

$800

Hedge

$900

$800

$900

$800

Omnibus Account

$900

$800

$900

$800

Member For Own Account

$900

$800

$900

$800