$BTC $GT

CME Group Raises Margin on Silver and Precious Metals Contracts After Record Price Increase

CME Group announced an increase in margins on silver futures contracts on the Comex exchange after prices hit an all-time high this week.

It stated that margins for regular contracts will rise to 11% from the current 9%, while margins for high-risk contracts will increase to 12.1% from 9.9%. It added that margins for platinum and palladium futures contracts will see a similar increase.

This change means that traders in silver, platinum, and palladium futures will need to provide larger collateral to meet their financial obligations. Exchanges typically tighten margin requirements when prices rise or during sharp volatility, but the recent adjustments may impact smaller participants who lack sufficient liquidity to cover the new requirements.
#ContentMiningRevampPublicBeta