June 13, 2008
CME Group raises margin requirements on CBOT corn, soy, ethanol
The CME Group raised its minimum margins for CBOT corn, soybean and ethanol futures, exchange officials announced Wednesday (June 11, 2008).
The changes are effective Friday.
|
|
Former Margins |
New Margins | ||||
|
|
Initial |
Maint. |
Hedge |
Initial |
Maint |
Hedge |
|
Corn |
$1,688 |
1,250 |
1,250 |
$2,025 |
1,500 |
1,500 |
|
Mini Corn |
$338 |
250 |
250 |
$405 |
300 |
300 |
|
Soybean |
$4,050 |
3,000 |
3,000 |
$4,725 |
3,500 |
|
|
Mini Soybeans |
$810 |
600 |
600 |
$945 |
700 |
700 |
|
Ethanol |
$3,645 |
2,700 |
2,700 |
$4,725 |
3,500 |
3,500 |
