CME Lowers Silver, Copper Margins

Submitted by Tyler Durden on 04/12/2012 18:39 -0400

• Copper
• Crude
• Nat Gas

While it is unknown if this is merely a bull trap to get yet another bubble going, then to slaughter everyone with the same relentless barrage of margin hikes as we saw in the spring of 2011, or simply volumes in commodities have gotten so low that even the CME is willing to allow a little price appreciation in exchange for participation is unknown, but as of April 16 silver initial and maintenance margins will be 12.5% lower, while copper margins are declining by 20%.

For the full list of margin changes among electricity, agri, coal, crude, freight, metals, nat gas, and refineds, see here.

http://www.zerohedge.com/news/cme-lowers-silver-copper-margins