Initial margin for speculators is being raised from $7,040 per contract to $8,800. Maintenance levels are going to $8,000 from $6,400.
Obviously the computers there at CME Group are projecting a sharp increase in volatility....
Thursday, 20 June 2013
CME Hiking Margins on Gold
One look at the Gold Volatility Index is all we need to see to realize that the CME was hiking margins....
Initial margin for speculators is being raised from $7,040 per contract to $8,800. Maintenance levels are going to $8,000 from $6,400.
Obviously the computers there at CME Group are projecting a sharp increase in volatility....
Initial margin for speculators is being raised from $7,040 per contract to $8,800. Maintenance levels are going to $8,000 from $6,400.
Obviously the computers there at CME Group are projecting a sharp increase in volatility....
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