Full margin on gold/silver - new requirement

Discussion in 'Metal Futures' started by RedDuke, Jun 25, 2011.

  1. Years back I uses to trade forex through Oanda, still have a small account with them, too lazy to close it :)

    Anyway, got an email this morning that all US retail traders will only be able to trade gold/silver on full 1:1 margin due to Dodd/frank bill effective as of July 15th. Wtf????
    It does not affect me, but this is very wrong.

    Could it spread further???
     
  2. Dodd/Frank restricts over-the-counter commodities trading (but not exchange traded futures of course).