CME To Lower COMEX Silver Margins Again

Mineweb reported that the CME Group is cutting silver margins to boost liquidity.

As quoted in the market news:

CME said in a statement it will cut the initial margin for COMEX 500 silver futures <0#SI:> by 12.5 percent to $18,900 per contract from $21,600, and the maintenance margin will be lowered to $14,000 from $16,000 per contract, effective after close of business on April 16.

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