No ... It’s meant to protect the exchange during abnormal price swings ... All futures exchanges do it when their risk elevates ...
the ‘exchange’ doesn’t hold paper or physical silver.
“””No ... It’s meant to protect the exchange during abnormal price swings ... All futures exchanges do it when their risk elevates ...”””
Thanks for jumping in. I was hoping to inform the FR folks that this Dec 29th $25,000 margin on silver futures was just the last of three recent increases that have not stopped the soaring silver prices.
Now if Comex raises margins to $100,000 per contract that might have an impact.