CME Group Increases Futures Margin Requirements on Yen Contracts
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CME Group Inc., the world’s largest futures exchange, raised margin requirements on its yen contracts as part of its normal review process of changes in volatility to ensure adequate collateral coverage.
Initial margin for Japanese yen futures was raised to $2,860 for speculators, from $2,475, and increased to $2,600 for hedgers and CME members, from $2,250. Maintenance margin was boosted for both speculators and hedgers to $2,600, from $2,250, Chicago-based CME Group said in a notice on its website. The changes take effect at the close of business today, it said.