Friday, March 4, 2011

CME Raises Margins On Crude Oil, Heating Oil And Gasoline By More Than 10% Each

The CME Group Inc. increased margins its New York Mercantile Exchange crude oil and petroleum products futures, effective after the close of trading today.  The attempts to prevent an out of control melt up in the one product everyone is terrified of, crude, are back on the table.

http://www.zerohedge.com/article/cme-raises-margins-crude-oil

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