Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Kansas City Board Of Trade Wheat Margins Raised - Increased Market Volatility Brings Higher Margins

Date 21/03/2006

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 $950 $825 $760 $660
Hedge $760 $660 $760 $660
Omnibus Account $760 $660 $760 $660
Member For Own Account $760 $660 $760 $660