Fucking hilarious! When all else fails to lift the market, lower margins... You can't make this stuff up. This is, despite after all, rising volatility. Of course, when volatility comes to silver or oil, it's time for margin hikes to prevent excess speculation. I can't stop laughing!
That realized vol chart shows the absurd bias of ZH - it's pretty clear that the averages are all lower than they have been the last few months - if you're going to reduce a margin requirement, now's the time to do it. Similarly, whining about the SI margin increase is just that - the margin was absurdly low, representing a fraction of daily moves.
Everybody calm down. CME has a precise formula to determine and adjust margin requirements based on a variety of inputs. No conspiracy here.
If you are properly leveraged...you would not give a rat's arse what the margin decrease is on ES. It seemed to provide a small spike in price,but when you wake up it should be back to around 1340 as most of you may have noted little else was affected...:eek: NiN
I am pretty sure the point is, The President and all the TV pundits are coming down hard on the "speculators" and "manipulators" in the silver, oil, and commodity markets while the Fed/Govt is blatantly and openly manipulating the overall Market.. Its comical
Having silver margin so low was what was out of the norm. The margin hikes were a return to normalcy and a very amusing kick in the nuts for some very weakly capitalized market players. The best part is I bet a lot of those who got raped were on this board and ZH