SMM: (CMEGROUPINC) announced on Thursday that it will reduce the initial margin of COMEX100 gold futures by 10.4% from US $10065 / hand to US $9020 / hand.
The initial margin for NYMEX palladium futures fell 11.4% to $42900 from $48400 per hand.
The initial margin for NYMEX platinum futures fell 11.1% to $4400 from $4950 per hand.
The exchange also said the new margin requirement would take effect from the close of trading on June 19.
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