Higher margins set for CME's soon-to-launch Bitcoin futures – BBG

The Chicago-based exchange owner, CME Group Inc., said today in a message to users that the margin requirements for bitcoin futures will be 47% next week when the contracts start trading, an increase from the previous initial amount was set at 35%.

CME said the margins were chosen due to volatility, a hallmark of cryptocurrency markets, Bloomberg reports.

Dec 13, 2017

Japan to keep record-low interest rates in FY2018 budget draft

Japan is set to keep the assumed interest rate at a record low of 1.1 percent as it compiles the budget for the next fiscal year starting in April. Th

New Zealand Govt expects to pass a law banning overseas house buyers in 2018

Headlines crossed the wires, via Bloomberg, citing that New Zealand’s new government expects to pass a law banning overseas house buyers in 2018.