KCBT Raises Minimum Margins For Trading Wheat

Date 31/03/2004

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

New Page 2

	INITIAL		MAINTENANCE
HARD RED WINTER WHEAT	New Margin	Old Margin	New Margin	Old Margin

Speculative	$1000	$937.50	$800	$750
Hedge	800	750	800	750
Omnibus Account	800	750	800	750
Member-For Own Account	800	750	800	750

Back to List