CHICAGO (Dow Jones) -- CME Group Inc. raised the amount of collateral needed to trade lean-hog futures.
As of close of business Tuesday, speculators in the lean-hog contract will be required to put up $1,688 to open a futures position, up from $1,418, according to a CME release Friday. Speculators must maintain a margin of $1,250 to keep the position open, up from $1,050.
The initial and maintenance requirements for hedges have also been raised to $1,250 from $1,050.
CME lean-hog futures have rallied throughout the past month, with the front-month contract hitting its highest level since August 2011 on ...