Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Wednesday, August 10, 2011
CME Group Raising Margin Requirements on Gold
The move towards raising margin requirements for gold products is occurring as Keystone forecasted over the last few days. Details remain sketchy, this news is breaking as it is typed; it looks like the CME Group raised maintenance margins for trading Comex 100 Gold Futures by 22.2%. This change is effective after the close of business tomorrow.
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