CME Lowers COMEX Copper Futures Margin in December & January-Shanghai Metals Market

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CME Lowers COMEX Copper Futures Margin in December & January

Industry News 09:19:21AM Dec 01, 2017 Source:SMM

SHANGHAI, Dec.1 (SMM)-CME said on Thursday, COMEX copper futures margin for speculators will be lowered by 11.1% in December and January from $3,150 to $2,800 per hand. CME said all initial margin is 110% of above amount. The adjustment will take effect from market closing on Dec.1st.


The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.
 

Key Words:  COMEX   copper   margin 

CME Lowers COMEX Copper Futures Margin in December & January

Industry News 09:19:21AM Dec 01, 2017 Source:SMM

SHANGHAI, Dec.1 (SMM)-CME said on Thursday, COMEX copper futures margin for speculators will be lowered by 11.1% in December and January from $3,150 to $2,800 per hand. CME said all initial margin is 110% of above amount. The adjustment will take effect from market closing on Dec.1st.


The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.
 

Key Words:  COMEX   copper   margin