CME BTC futures are 60% long margin and 200% short margin? WTF?!?!?! How can they even call this a future?
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Replying to @AgustinLebron3
I'm not sure this is true. Haven't seen any announcement from CME anyway, and their site still lists 35% margin rates.https://www.cmegroup.com/trading/equity-index/us-index/bitcoin_performance_bonds.html#sortField=exchange&sortAsc=true&clearingCode=BTC§or=EQUITY+INDEX&exchange=CME&pageNumber=1 …
1 reply 0 retweets 2 likes -
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Replying to @AgustinLebron3
That's the maintenance vol scan, i.e. what CME SPAN considers the likely range of market movement -- so up/down 60% implies a 35% margin requirement covers most losses (eh, ish). You can get the % margin by dividing the "maintenance" column by the contract value.
2 replies 0 retweets 4 likes -
Replying to @macrocephalopod @AgustinLebron3
I got corrected on this in a DM — what I talked about above is the *price scan*. The CME website shows the *vol scan* which is essentially the same thing but for shocks to option implied vol.
1 reply 0 retweets 5 likes
Thanksthanks @gs032691!
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