CME Goes To Collateral DefCon 1:
Makes Maintenance Margin Equal To Initial For... Everything!?
The most important news announcement of the day was not anything to came
out of Cannes (as nothing did), nor from Greece (the merry go round farce
there continues unabated). No, it was a brief paragraph distributed by the CME
long after everyone had gone home, and was already on their 3rd drink.