Friday, August 19, 2011

As gold prices rise, brokers seek to manipulate them with yet again another margin hike

Interactive Brokers bulletin board

Fri Aug 19 13:29:35 2011 EST

As a result of the volatile trading environment at the present time, please be advised that Exchange margins and House margins are likely to increase over the next couple of days. For exchange- specific increases, please visit the respective websites. IB will also be increasing the gold derivatives margin. Please monitor any affected holdings closely and manage your risk accordingly.

Not that it will matter in the long run, but HEY EUROPE... how did those prohibitions on short trades do for your markets this week?


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