CME Ups Platinum Margins by 29%

Reuters reported the CME Group (NASDAQ:CME) raised trading margins on platinum and copper futures, hoping to tame volatility.

As quoted in the market news,

The CME, the biggest operator of U.S. futures exchanges, on Monday increased its margin requirements on platinum futures by about 29 percent and on Comex copper futures, the second time in less than a fortnight, by 15 percent.

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