Platinum/Palladium margins going up

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stamo
Roundtable Knight
Roundtable Knight
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Platinum/Palladium margins going up

Post by stamo » Thu Mar 13, 2008 7:40 am

Platinum/Palladium – The NYMEX is raising margins for its platinum and palladium futures contracts, effective at the close of business on Wednesday. Platinum futures margins will increase to $6,000 from $5,000 for clearing members, to $6,600 from $5,500 for members, and to $8,100 from $6,750 for customers. Palladium futures margins will increase to $4,500 from $4,000 for clearing members, to $4,950 from $4,400 for members, and to $6,075 from $5,400 for customers. Reuters

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