Joined Nov 11, 2007
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CME Hikes S&P 500, Dow Jones, Nasdaq E-Mini Margins By 9%

“Remember when the CME and the administration punished speculative gold longs in 2011, and crude longs in 2012 by hiking or warning to hike margins beyond the breaking point for levered holders of futures contracts? It works for stocks as well. Last night, the CME may have taken Obama’s warning to the market a little too seriously, and announced a hike in the core E-Mini futures contracts of about 9% ….”

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