05-17-2011 14:49 BJT
The Shanghai Gold Exchange cut margin requirements on silver forward contracts to 15 percent on Monday, at settlement if they do not close at trading limits. The revision was made due to a drop in volatility in the market, and is expected to encourage trading activity by reducing the costs.
This is the sixth revision of the margin requirements made by the exchange this month. It "hiked" the margin to 20 percent on May 6th.
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