Thanks for all this. All good stuff.
I think perhaps another solution could be:
An arrangement where a line of credit from an established bank using gold as collateral could be established to cover margin requirements with a broker.
Then use a KPMG or some other service provider for an...
CME advises a 15% haircut on gold at present for Gold Warrants. I imagine this is subject to change based on market volatility for gold. Ultimately Gold is readily convertible to cash with good liquidity for the specifications accepted by the CME.
Given any broker must deal with a clearing...
I don't believe much did... so I am seeking information about hypothetical collateral arrangements for customers trading with CME via a broker / clearing member that might allow for the use of say physical gold (as opposed to cash) as collateral as a means to minimise counterparty risk.
As an...