CME Adjusts Silver, Platinum, and Palladium Margin Requirements

Deep News01-28

The Chicago Mercantile Exchange (CME) issued a notice on the 27th, local time, adjusting the margin parameters (Outright Rates) for certain silver, platinum, and palladium futures contracts.

According to the document, the new margin requirement for some silver contracts is higher than the previous level, approximately 11% of the nominal value.

The new standards will take effect after the close of trading on January 28, local time.

This notice did not involve any gold-related contracts.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment