KCBT To Increase Minimum Margins For ISDEX® Internet stock Index Futures

The Kansas City Board of Trade is increasing its minimum margins for ISDEX Internet stock index futures as a result of increased market volatility. The margin changes, effective Thursday, are as follows:

Initial margins are (old margins in brackets): Speculative: USD 2,500 (USD 1,250), Hedge: USD 2,000 (USD 1,000), Omnibus Account: USD 2,000 (USD 1,000), Member-For-Own Account: USD 2,000 (USD 1,000), Intra-market spread: USD 250 (USD 125).

Maintenance margins are (old margins in brackets): Speculative: USD 2,000 (USD 1,000), Hedge: USD 2,000 (USD 1,000), Omnibus Account: USD 2,000 (USD 1,000), Member-For-Own Account: USD 2,000 (USD 1,000), Intra-market spread: USD 200 (USD 100).