With just two weeks left on Feb contract, they up it again? Was that because of today's action, or do they still see something more ominous coming over the next month? The following is effective as of close tomorrow afternoon, Eastern Time.
SPAN margin is calculated based on portfolio analysis of risk from past movement, not the expectation of the future. https://www.cmegroup.com/clearing/risk-management/span-overview.html
Yes yes Old Man Morse. I like being all conspiratorial and stuff sometimes. It relieves the tension. *grin*
Hell of a move in NG, it was like a 6% gap and massive follow through. I'm only looking for long entries for the next couple days.
Well, if you look at the last two days of the NG-G19 trading range the increase in margin reflects the increase in price pretty much dead nuts on.
I get it, I really do. The timing is curious though. What about December? Why not increase then, rather than wait until now? https://www.elitetrader.com/et/threads/no-sir-the-cme-doesnt-like-it.327151/