FX news: CFTC examine metals

The chairman of US Commodity Futures Trading Commission (CFTC), Gary Gensler, announced Tuesday that the CFTC will be holding a public meeting on March 25 to examine the trading of futures and options in the precious and base metals markets.

The chairman of US Commodity Futures Trading Commission (CFTC), Gary Gensler, announced Tuesday that the CFTC will be holding a public meeting on March 25 to examine the trading of futures and options in the precious and base metals markets.

In the past, the CFTC has changed margin requirements when they felt that these measures would calm positioning.

Gensler said: “Next month’s meeting will be part of our ongoing look into how the Commission regulates futures and options markets on commodities of finite supply.

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