CME nonsense margins

Discussion in 'Trading' started by quintrix, Mar 6, 2009.

  1. There is something wrong here

    Now the ES at 685 has a value of 34,250 USD and the margin requested by the exchange is 6188 USD

    This means a leverage of 5.5

    When the ES was at 1500 the value was 75,000 USD and the margin requested by the exchange was 3850 USD

    A leverage of 20

    OK the volatility has changed big during this waterfall decline, but right now is low

    What the CME is waiting for in order to reduce margins?
     

  2. Margin = Credit

    You should know the rest of the story, cabron.