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:
|
Hard Red Winter Wheat |
Initial |
|
Maintenance |
|
|
|
New
Margin |
Old
Margin |
New
Margin |
Old
Margin |
|
Speculative |
$1500 |
$1250 |
$1200 |
$1000
|
|
Hedge |
$1200
|
$1000 |
$1200
|
$1000
|
|
Omnibus
Account |
$1200
|
$1000
|
$1200
|
$1000
|
|
Member
For Own Account |
$1200
|
$1000
|
$1200
|
$1000
|
