The CME Margin Notice That Has Everyone In a Tizzy | |
Anonymous Coward User ID: 3568592 United States 11/05/2011 01:44 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 1442294 United States 11/05/2011 01:52 PM Report Abusive Post Report Copyright Violation | A margin account allows you to control a larger amount of a particular security with a smaller intitial deposit. For example in the foreign exchange market most brokers offer 50:1 leverage meaning you can control $25,000 with only $500. The maintanence margin is the minimum amount that has to be in your account or else they'll automatically liquidate your position if you're in one. Earlier people thought they were jacking up the maintanence margin but now it looks like they're reducing the initial margin requirement. |
Anonymous Coward User ID: 4108339 United States 11/05/2011 01:56 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1315838 United States 11/05/2011 01:57 PM Report Abusive Post Report Copyright Violation | Does anyone find it odd that "no-one" knows how to figure the implications of this notice out. "NO-ONE" Then from the link the OPie provided it says that the CME is refering people to that blog for an explanation through a tweet ? With no clarification from the CME itself ? The whole financial system is in turmoil. ! |
AuthorAuthor
User ID: 4699137 Poland 11/05/2011 04:38 PM Report Abusive Post Report Copyright Violation | It looks like they're lowering the initial margin requirement not raising the maintenance margin, and like this link says, it's probably for the MF Global clients, but it is still a risky move. Quoting: Anonymous Coward 1442294 [link to kiddynamitesworld.com] Well, dang, that puts the entire episode in a whole new light. Drinks for everyone! To da moon! Seymour Brenner's, MD, FACR, opinion regarding Dr. Emanuel Revici: "As a Diplomate of Radiology, I have reviewed many cases of incurable cancer that Revici has cured." |