Last night the CME sent out a margin advisory. They do this all the time, changing margin requirements in different products, but this notice was different:
The notice was picked up (and spread, like financial news Herpes) by ZeroHedge, who predicted a plethora of margin calls on Monday, and of course, imminent Financial Armageddon. There is of course an alternative potential explanation……….the initial/maintenance ratios were previously greater than 1.0. They are being LOWERED to 1.0.
via The CME Margin Notice That Has Everyone In a Tizzy | Kid Dynamite’s World.