CME Raising Margins On Oil Products (CME, ICE)

ZeroHedge has been kind enough to post that the CME Group CME is raising margins on the various oil contracts.

The margin for Nymex crude oil will go $6,750 per contract, up from $6,075 per contract. Heating oil margins rise to $6,413 from $5,063, and gasoline rises to $6,750 from $5,400.

I would expect to see a similar move from the Intercontinental Exchange ICE, as the ICE generally acts on whatever the CME does.