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Feed wheat margins will increase on Monday, Feb. 11.
WCE Clearing Corporation Margins
WCECC margins are as stated below and will be reviewed on a regular basis. WCECC reserves the right to make adjustments to margin requirements as required by market conditions.
Effective Monday, February 11, 2008
| WCECC Margins | |||
| Commodity | Symbol | One Outright Position |
Inter-Crop Year Spread Margins * |
| Canola | RS | $325 | $115 |
| Feed Wheat | WW | $200 | $75 |
| Western Barley | AB | $120 | $95 |
FCM Customer Initial Margins
The following initial and maintenance margins apply to non-participant speculative accounts held with FCMs. Non-participants holding hedge based positions may apply for a hedge exemption under Rule 4E.08. The minimum margin level under the hedge exemption is the clearinghouse margin.
Effective Monday, February 11, 2008
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