Archives of “chicago mercantile exchange” tag

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Futures – The CME has lowered margins for gold, silver, platinum

  
  Analysis
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Chicago Mercantile Exchange Group has lowered initial and maintenance Performance Bonds (margins) for

  • COMEX 100 GOLD FUTURES (GC)
  • E-MINI GOLD FUTURES (QO)
  • COMEX 5000 SILVER FUTURES (SI)
  • COMEX MINY SILVER FUTURES (QI)
  • PLATINUM FUTURES NYMEX (PL)
and other contracts but highlighting those above here.
New bond requirements will be effective after the close of business on Friday, May 7, 2021.

AstraZeneca Covid-19 vaccine – study put on hold due to suspected adverse reaction in trial participant

  
  Analysis
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The Phase 3 study testing the AstraZeneca and the University of Oxford COVID-19 vaccine has been put on hold due to a suspected serious adverse reaction in a participant in the United Kingdom.

Spokesperson for AstraZeneca
  • standard review process triggered a pause to vaccination to allow review of safety data
  • “a routine action which has to happen whenever there is a potentially unexplained illness in one of the trials, while it is investigated, ensuring we maintain the integrity of the trials.”
Risk negative, but so far little response. Eyes on the tech rout still. Globex equity index future trade reopens at the top of this hour.
coronavirus

Coronavirus – CME will close its Chicago trading floor at end-Friday

  
  Analysis
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Floor will close indefinitely. Globex trade to continue.

  • CME group to close Chicago trading floor as a precaution
  • reopening of trading floor will be evaluated as more medical guidance on coronavirus becomes available
  • will close its Chicago trading floor as of close of business Friday, March 13, 2020, as a precaution to reduce large gatherings
  • no coronavirus cases have been reported on trading floor or in Chicago board of trade building
  • company’s headquarters will remain open
  • all products will continue to trade on CME Globex as they do today.
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