Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

KCBT Announces Margin Changes - KCBT Lowers Minimum Margins For Wheat Futures

Date 19/11/2008

The Kansas City Board of Trade has lowered its minimum margins for the hard red winter wheat futures contract.

The changes go into effect at the close of business today. They are as follows:

Hard Red Winter Wheat Initial Maintenance
New Margin Old Margin New Margin Old Margin
Speculative $2500 $3125 $2000 $2500
Hedge $2000 $2500 $2000 $2500
Omnibus Account $2000 $2500 $2000 $2500
Member For Own Account $2000 $2500 $2000 $2500