Message from the CME Group in regards to Performance Bond (Margin) changes
Published on 04-16-2013
CME NOTICE # : 13-182
Please note there are margin increases to COMEX Metals and NYMEX Energies.
SUBJECT: Performance Bond Requirements: FX, Metals, and Natural Gas Outrights; Natural Gas Intra-Commodity Spread Charges; FX and Metals Volatility Scans- Effective Tuesday, April 16, 2013
FOR THE FULL TEXT OF THIS ADVISORY :
FX, Metals, and Natural Gas Outrights; Natural Gas Intra-Commodity Spread Charges; FX and Metals Volatility Scans
As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed below.
The rates will be effective after the close of business on Tuesday, April 16, 2013.
The risk of loss in trading futures and options can be substantial, therefore only genuine "risk" funds should be used in such trading. Futures and options may not be a suitable investment for all individuals and individuals should carefully consider their financial condition in deciding whether to trade. Option traders should be aware that the exercise of a long option will result in a futures position. Information herein has been obtained and prepared from sources believed to be reliable; however no guarantee to its accuracy is made. Comments contained in these materials are not intended to be a solicitation to buy or sell any of the commodities mentioned. Past performance is not indicative of future performance results. Opinions expressed herein are the opinions of the author only and not the opinion of any firm the author may be affiliated or associated with.
