Author Topic: CME maintenance margin hike  (Read 946 times)

Offline Mariama

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CME maintenance margin hike
« on: November 05, 2011, 05:19:56 PM »
I have a subscription to a financial newsletter and I was alerted a couple of hours ago about a possibly wild ride coming Monday, as the CME (the watchdog of the stock exchange) will raise maintenance margins, which will create financial havoc according to insiders.

Please see:

http://traderdannorcini.blogspot.com/

http://www.zerohedge.com/news/cme-goes-margin-defcon-1-makes-maintenance-margin-equal-initial-everything

Have you seen it?

I am just the messenger, I know very little of this world, but I try to follow it to the best of my ability. ;)

Everything responsible for our "human existence" is due to an anonymous multitude of others who lived before us, whose achievements have been bestowed upon us as gifts.

-H. Hass (quoted in 'In an Unspoken Voice' by Peter Levine)

Offline Jason (ocean59)

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Re: CME maintenance margin hike
« Reply #1 on: November 06, 2011, 11:52:52 PM »
Apparently, an update was posted the next day stating it was all a big misunderstanding, and poor choice of wording. However, the correct interpretation doesn't sound all that promising either: _http://www.zerohedge.com/news/cme-issues-clarification-margins-usher-more-risk-less-liquidity-mf-aftermath

Offline Mariama

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Re: CME maintenance margin hike
« Reply #2 on: November 07, 2011, 06:54:17 AM »
Thanks Jason, for this.

No, it doesn't sound promising at all. And I still do not understand why the first message was released after everybody had gone home for the week-end. :/
Everything responsible for our "human existence" is due to an anonymous multitude of others who lived before us, whose achievements have been bestowed upon us as gifts.

-H. Hass (quoted in 'In an Unspoken Voice' by Peter Levine)