10% 176.00
20% 351.00
The 10% and 20% Price Limits are determined at the beginning of each calendar quarter, based upon the average settlement price of the index during the calendar month immediately preceding the beginning of such calendar quarter. The resulting value is referred to as the Quarterly Value. The Quarterly Value is multiplied by the applicable Price Limit, then rounded to the nearest integral multiple of 1.00 index point.
For more information on price limits, please see Chapter 24, section 13 of the Kansas City Board of Trade Rule Book. The rule book is available on our website at http://www.kcbt.com.
Value Line® is a registered mark of Value Line, Inc., a New York corporation that provides financial services and publications. Since 1982, the Kansas City Board of Trade has been licensed to use the Value Line® mark in connection with its efforts to establish futures markets tied to the Value Line® index. The Kansas City Board of Trade and Value Line, Inc. are not affiliated corporate entities.