Sunday, November 6, 2011

ICE Follows CME in Lowering Margin Requirements to Mute MF Global Impact



ZeroHedge initially misinterpreted the somewhat vague release from CME, raising an alarm amongst a number of people who sent it to me. And a number of people have since been critical of their mistake, which from what I could see was understandable. The CME release was very misleading.

ZH has since corrected it. And the ICE release makes the exchanges' intentions abundantly clear. When you

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