James W. Neville, Jr., an individual member, was elected first vice president; Richard L. Mandl, with UBS Securities, LLC, was elected second vice president; and Terrence P. O’Brien, an individual member, was elected secretary-treasurer.
Elected as directors were Roland E. Balthazor with FIMAT USA, Inc.; Richard B. Hartzell, an individual member; and David J. Lehl with ADM Investor Services.
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.