CME Group Cuts Palladium Margins

Bloomberg reported CME Group Inc. (NASDAQ:CME) cut margins for silver and copper futures on the Comex and palladium on the New York Mercantile Exchange.

As quoted in the market news:

…palladium was reduced to $5,225 from $5,775.

The rates are effective after the close of business on April 16.

Click here to read the full Bloomberg report.