Wednesday, August 24, 2011

CME GROUP hikes margins for gold

Here it comes....


CME GROUP - Gold Margin Rise Effective After Close Of Business Thursday

Margins will be raised 27%

Old Margin  $7,425
New Margin  $9450

Old Maintenance  $5,500
New Maintenance  $7,000


at

4 comments:

  1. AnonymousAugust 24, 2011 at 1:43 PM

    Great Scott! We're getting closer to a cash market!

    ReplyDelete
  2. NMMM.NUAugust 24, 2011 at 1:52 PM

    Another "manipulation" because of options expiration date...

    ReplyDelete
  3. ZephyrAugust 24, 2011 at 2:03 PM

    Today's gold price action already priced in this??

    ReplyDelete
  4. Vikram RanadeAugust 24, 2011 at 2:11 PM

    Did they reduce the margin on silver after it 'crashed'?

    ReplyDelete

Note: Only a member of this blog may post a comment.