However, many brokerages do in fact require MORE than the exchange requirement. This article/announcement is an acknowledgment that a particular brokerage has increased its **internal** margin requirement for silver traders. As a general thing, such an increase in margin requirement has the short-term effect of causing under- or poorly capitalised traders to liquidate their positions and leave the market under consideration, in this case of course, silver.
Hope this explanation is of some use to you, and good trading!
That explains it. Thanks.
I bought mine at $17.00 (physical). Needless to say I’m pleased.