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BRIEF-CME raises palladium margins for specs by 14.3 percent
December 1, 2016 / 11:20 PM / in a year

BRIEF-CME raises palladium margins for specs by 14.3 percent

Dec 1 (Reuters) - CME Group Inc :

* CME raises palladium futures NYMEX (PA) initial margins for specs by 14.3 percent to $4,400 per contract from $3,850

* CME raises palladium futures NYMEX (PA) maintenance margins for specs by 14.3 percent to $4,000 per contract from $3,500

* CME says the rates will be effective after the close of business on Dec. 2 (Reporting by Harshith Aranya in Bengaluru)

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