CME raises Comex silver margin to 15% from 11% after volatility

CME Group raised the margin requirement on Comex silver futures to 15% of contract value from 11%, citing heightened volatility. The new requirement took effect from the Monday close after the late-January selloff. A higher margin raises the collateral a leveraged trader must post to hold a position.

• Comex silver margin set at 15% of contract value, up from 11%
• Reason given: heightened volatility
• Effective from the Monday close