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Kansas City Board Of Trade Clearing Corp. Elects Officers, Directors For 2004

Date 15/01/2004

H. Franklin Stone, with Man Financial Inc., today was elected president of the Kansas City Board of Trade Clearing Corp., a wholly owned subsidiary of the Kansas City Board of Trade.

Rock D. Marquardt, with Cargill Investor Services, was elected first vice president; Jerald S. Kemmerer, with Country Hedging Inc., was elected second vice president; and James F. Kanan, an individual member, was elected secretary-treasurer.

Elected as directors were Scott Merrill, an individual member; James R. Paulsen, an individual member; and Jeffrey W. Voge, an individual member.

The Clearing Corp. reconciles all futures and options trades at the Kansas City Board of Trade and guarantees the financial integrity of all trades.

The Kansas City Board of Trade, chartered in 1876, is the world's largest futures market for hard red winter wheat.