NG margin funkiness at the CME...

[Overnight]

With just two weeks left on Feb contract, they up it again? Was that because of today's action, or do they still see something more ominous coming over the next month? The following is effective as of close tomorrow afternoon, Eastern Time.

 

[positive etc]

do you have a link ? where do you get this

 

[Robert Morse]

With just two weeks left on Feb contract, they up it again? Was that because of today's action, or do they still see something more ominous coming over the next month? The following is effective as of close tomorrow afternoon, Eastern Time.

View attachment 196815

SPAN margin is calculated based on portfolio analysis of risk from past movement, not the expectation of the future.
https://www.cmegroup.com/clearing/risk-management/span-overview.html

 

[Overnight]

do you have a link ? where do you get this

https://www.cmegroup.com/notices/clearing/2019/01/Chadv19-021.html#pageNumber=1

 

[Overnight]

SPAN margin is calculated based on portfolio analysis of risk from past movement, not the expectation of the future.

Yes yes Old Man Morse. I like being all conspiratorial and stuff sometimes. It relieves the tension. *grin*

 

[Palindrome]

Hell of a move in NG, it was like a 6% gap and massive follow through. I'm only looking for long entries for the next couple days.

 

[bone]

With just two weeks left on Feb contract, they up it again? Was that because of today's action, or do they still see something more ominous coming over the next month? The following is effective as of close tomorrow afternoon, Eastern Time.

View attachment 196815

Well, if you look at the last two days of the NG-G19 trading range the increase in margin reflects the increase in price pretty much dead nuts on.

 

[Overnight]

Well, if you look at the last two days of the NG-G19 trading range the increase in margin reflects the increase in price pretty much dead nuts on.

I get it, I really do. The timing is curious though. What about December? Why not increase then, rather than wait until now?

https://www.elitetrader.com/et/threads/no-sir-the-cme-doesnt-like-it.327151/

 

[maxinger]

I get it, I really do. The timing is curious though. What about December? Why not increase then, rather than wait until now?

https://www.elitetrader.com/et/threads/no-sir-the-cme-doesnt-like-it.327151/

Dec NG margin was very high at $6000.
now about $4000