CME Group Inc. (CME) will cut the collateral that traders must put up to trade its benchmark crude-oil, gold and other futures, the company said in an email after trading closed Thursday.

The exchange operator will cut the costs to trade its light, sweet crude-oil contract on the New York Mercantile Exchange. Trading costs are also set to decline for benchmark gold, silver and copper futures.

The new rates will be effective after the close of business Monday, the statement said.

Exchanges require market participants to post margin to cover potential losses in future trading sessions, and to avoid a default by a trader. CME executives have said margin decreases typically take place when markets become less volatile.

-By Matt Day, Dow Jones Newswires; 212-416-4986; matt.day@dowjones.com

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