CME Group is increasing the cost of trading some active foreign exchange and interest rate futures contracts, The Wall Street Journal reports. The U.S. futures market is raising initial margins for the Japanese yen by 20% to $4,388 per contract for speculative traders and by 20% for hedgers and CME members to $3,250 per contract. Initial margins will rise 30% to $5,400 per contract for speculative traders of the Swiss franc. In Treasurys, speculators of 10-year note futures will pay an initial margin of $2,160 a contract, 19% more than the current fee and 31% above the collateral requirement.
Click here for the story from The Wall Street Journal.