Raised margin requirements threat to global liquidity?
NEWS
From March 2, the Chicago Mercantile Exchange raised the initial and maintenance margin across FX, equities, interest rates and agricultural products. The margin increases are also affecting its joint venture platform with Reuters, FXMarketSpace.
But changes to the yen contracts are particularly concerning, affecting spot yen as well as cross-currency contracts, say analysts. "The increase in the yen futures margin requirements reflects the increase in volatility," said Marc Chandler, global head
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