16 November 2012

CME Loosens Margin Requirements On Gold and Silver and other Contracts

The CME has reduced margin requirements on quite a few of their traded instruments.

In the case of gold and silver futures contracts, the reductions seem designed to bring the margins paid by specs more in line with those required of 'the professionals.'

Volume on the CME is lagging. Perhaps they are starting to feel the pinch.

Lower prices are no substitute for meaningful reform.

Full clearing memo from the CME 15 Nov 2012