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CME Changes Margins For Crude Oil
CME Group is altering margin requirements for trade in a broad range of crude oil and refined products spreads contracts.
CME Groupis altering margin requirements for trade in a broad range of crude oil and refined products spreads contracts,The Wall Street Journalreports. The U.S. exchange operator is changing the requirements according to the normal review of market volatility.
Adequate collateral coverage will be ensured by the amendment. CME reduced some trading margins on Brent and light sweet crude spreads and raised the rest.
Click here for the story fromThe Wall Street Journal.