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    Home > Chemicals Industry > Petrochemical News > ICE cuts initial margin for September Brent crude futures by 12.5%

    ICE cuts initial margin for September Brent crude futures by 12.5%

    • Last Update: 2023-02-12
    • Source: Internet
    • Author: User
    Tags

    12 september 2019

    ferritin level 9
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    Foreign power news on July 6, the Intercontinental Exchange (ICE) announced on Wednesday that it will reduce the initial margin of the spot month September Brent crude oil futures contract by 12.
    5% to $9.
    35 / barrel (previously $10.
    69 / barrel), effective
    since Wednesday's close.

    This is also the fifth time that the exchange has adjusted the margin level
    of Brent crude oil futures this year.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.
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