Membership values at an exchange tend to fluctuate, often reflecting trading opportunities. Memberships have been steadily rising, with the average sale price for 2005 at $152,000 and 2004 at $112,667.
Currently, the lowest offer to sell a seat is at $225,000.
The KCBT is a for-profit corporation organized under the laws of Delaware. There are 192 Class "A" (equity) memberships or shares of stock in the exchange and 60 "B" (non-equity) or associate memberships.
The Kansas City Board of Trade, founded in 1856, is the world's largest futures market for hard red winter wheat. This year, the exchange is celebrating its 150-year anniversary.
