Globex traders- Margin reqs. have been raised. Make sure your trading accounts are up to scratch.
Mon Nov 17 04:30:16 2003 EST Effective November 16 2003, CME has updated their margin requirements. Many products, in particular equity index related products, have notably higher margin requirements, as much as 15%. Traders are advised to examine their IB margin requirements and ensure their accounts are within limits as soon as possible. Full details are available in a download in the CME Performance Bond Advisory at http://www. cme. com/files/pbadv0396. pdf.
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