Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

KCBT Lowers Wheat Margins - Minimum Margins Lowered For KCBT Wheat Futures

Date 12/07/2004

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

Hard Red Winter Wheat Initial Maintenance
New Margin Old Margin New Margin Old Margin
Speculative $875 $1125 $700 $900
Hedge $700 $900 $700 $900
Omnibus Account $700 $900 $700 $900
Member For Own Account $700 $900 $700 $900