Wednesday, May 11, 2011

Margin Hikes for Gas

CME hikes Rbob initial spec margin 21% to 11,750, effective close of business May 12.  Various product spreads increase as well.
CME 5.11

Note the announced crude oil margin hikes on Monday evening ( up 25%) took effect as of the close of business May 10, making today, the 11th, the first trading day with the new margins.
Presumably the first day trading with the new Rbob margins in effect will be Friday.

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