KCBT Changes Minimum Margins For Trading Wheat

Date 14/11/2002

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	$1250	$1062.50	$1000	$850
Hedge	$1000	$850	$1000	$850
Omnibus Account	$1000	$850	$1000	$850
Member for own Account	$1000	$850	$1000	$850

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