NYMEX to Hike Gold, Silver, Platinum Futures Margins Today
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Sep. 29-MAR--
[B] NYMEX to hike gold, silver, platinum futures margins today
By Bridge News
New York--Sep 29--The New York Mercantile Exchange said it will
increase the margins on its gold, silver and platinum futures contracts at
the close of business today.
* * *
Margins on gold will be raised to $1,600 from $800 for clearing
members; to $1,760 from $880 for members; and to $2,160 from $1,080 for
customers.
Silver margins will be increased to $1,500 from $1,200 for clearing
members; to $1,650 from $1,320 for members; and to $2,025 from $1,620 for
customers.
Platinum margins will be raised to $1,100 from $900 for clearing
members; to $990 from $1,210 for members; and to $1,485 from $1,215 for
customers. End
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