CME Increasing Forex Margin Requirements Tomorrow

Discussion in 'Financial Futures' started by JackR, Aug 8, 2011.

  1. JackR


    Just got this from Interactive Brokers:

    Please be advised that due to recent market volatility, the Chicago Mercantile Exchange Inc. (CME), Clearing House Risk Management Staff will be modifying performance bond (margin) requirements for foreign currency futures, effective Tuesday, August 9. Please note that higher requirements are already in place for some of these contracts, notably RUR and BRE futures.

  2. JackR


    The TF change is impressive -
    Russell 2000 Mini (ICE-US) Margin Requirements
    To $ 8,250 Initial, $ 8,250 Maintenance
    From $ 3,500 Initial, $ 3,500 Maintenance

    Wonder what the brokers offering $500 day trading will do? The exchange is saying there is a lot more risk.

  3. rickf


    Yeah I don't get the /TF raise. Seems a bit out excessive compared to the others.

    But then again, it is the ICE, who only offers one data feed a-la the cable television pricing model, so even if you're only trading the /TF you're forced to pay for the crap you don't ever look at. ;|

    Oh well. I won't be around much to trade the rest of this week anyway.