iShares Silver Trust (SLV)

[fredman]

We know what happened when the CME took several consecutive steps to hike margin requirements for silver market speculative participation. Now comes word that the Shanghai Gold Exchange will raise its margin requirements for silver futures as part of risk-control measures. This hike would be its third round of increases in less than a month. Players will now need to pony up 19% of a contract's value in order to be allowed to the card table, while, at the same time, the daily price limit for the one kilogram silver forward contract will rise to 13% from 10% above or below the previous session's close.

Source: http://community.nasdaq.com/News/2011-05/gold-and-silver-report-gone-with-the-winds.aspx?storyid=75609





GNPR