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KCBT Changes Minimum Margins For Trading Value Line<SUP>® </SUP>

Date 17/12/2002

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

New Page 1

Value Line®

Initial

 

Maintenance

 

 

New Margin

Old Margin

New Margin

Old Margin

Speculative

$4500

$4375

$3600

$3500

Hedge

$3600

$3500

$3600

$3500

Omnibus Account

$3600

$3500

$3600

$3500

Member For Own Account

$3600

$3500

$3600

$3500