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3 years ago
BRIEF-CME cuts margins for agricultural products
May 23, 2014 / 10:41 PM / 3 years ago

BRIEF-CME cuts margins for agricultural products

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May 23 (Reuters) - CME Group :

* CME lowers corn futures (C) initial margins for specs by 18.5 percent to $1,650 per contract from $2,025

* CME lowers live cattle futures (LC) initial margins for specs by 18.6 percent to $935 per contract from $1,148

* CME lowers soybean futures (S) initial margins for specs by 18.5 percent to $3,300 per contract from $4,050

* CME lowers wheat futures (W) initial margins for specs by 18.5 percent to $1,650 per contract from $2,025

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