The Privilege of Trading Permits

The Privilege of Trading Permits | Information
Clearing Participants | Leasing Information

These include multinational grain exporting companies, international flour and feed mills, domestic grain elevators, international wheat boards, U.S. commodity brokerage houses, and individuals trading for themselves.

To be a Permit Holder, an individual must be of good character and meet exchange net worth and working capital requirements. All Permit Holders must establish a business relationship with a Clearing Participant, a higher level of status subject to additional financial requirements and greater financial responsibility.

There are 192 Trading Permits, which allow trading in any KCBT product. Approximately 15 firms are Clearing Participants.

Trading Permits make trading more affordable, as Permit Holders receive a more beneficial fee rate on the products they are entitled to trade. Exchange and clearing contract fees can be found here: Contract Fees

Being a Permit Holder of the KCBT has always brought status. Today, KCBT Permit Holders continue to play an important role in the local and national scene.