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VOLUME 22 - BULLETIN #142
TO:
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ALL CLEARING MEMBERS
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FROM:
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CLIENT SERVICES AND SUPPPORT
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DATE:
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July 17, 2002
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SUBJECT:
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Margin Updates
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The Board of Trade Clearing Corporation has authorized the following margin changes effective with the mid-day margin calculation on Friday, July 19, 2002:
CBOT Margin Rates
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From
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To
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Wheat
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$550
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$600
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Corn
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$300
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$450
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Soybeans
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$600
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$800
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Rice
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$400
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$500
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CBOT Old Crop vs. New Crop Spread Charge
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From
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To
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Wheat Old Crop vs. Wheat New Crop
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$200
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$250
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For information purposes, please note that the following Mid-America Commodity Exchange margins will change to follow the primary markets:
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Mid-America Margin Rates
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From
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To
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Wheat
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$110
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$120
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Corn
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$60
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$90
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Soybeans
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$120
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$160
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Mid-America Old Crop vs. New Crop Spread Charges
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From
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To
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Wheat Old Crop vs. Wheat New Crop
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$40
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$50
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Should you have any questions, please call or e-mail one of the following Client Services and Support Representatives:
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