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CBOT Margin Changes - Silver

By: CBOT



-- Posted 25 April, 2006 | |

CBOT Margin Changes

Effective Close of Business April 26, 2006

Changes to Margins on CBOT Futures

From

To

Initial/Maintenance/Hedge

Initial/Maintenance/Hedge

Silver
$4,725/$3,500/$3,500
$4,725/$3,500/$3,500
Mini-sized Silver
$945/$700/$700
$5,400/$4,000/$4,000

In setting margins levels, the Chicago Board of Trade Margin Committee along with the CME Clearing House monitors current and historical price movements covering short-term, intermediate and longer-term data using statistical and parametric and non-parametric analysis. Futures maintenance margin levels are typically set to cover at least the maximum one-day price move on 95% to 99% of the days during these time periods.




-- Posted 25 April, 2006 | |



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