CME Lowers E-Mini Margins

Tyler Durden's picture




 

This is simply incredible. 40 minutes ago, just as the farce that is the market was in danger of not closing green despite the tech fiascoes from GOOG, MSFT, CMG, MRVL, AMD, MS, and all the others, we had one simple thing to say:

And sure enough, seconds ago...

 

 

This whole theater is just getting so very predictable.

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Thu, 10/18/2012 - 16:39 | 2902450 Rubicon
Rubicon's picture

Yeah, you work at the CME.

Thu, 10/18/2012 - 16:41 | 2902458 slaughterer
slaughterer's picture

CME reads ZH for ideas to prop the market.  

Thu, 10/18/2012 - 16:43 | 2902464 Pure Evil
Pure Evil's picture

Maybe with this bit of Deja Vu, Tyler could restart Johnnie Carson's old bit, 'Carnac The Magnificent'.

Thu, 10/18/2012 - 16:49 | 2902489 Turd Ferguson
Turd Ferguson's picture

A: Krugman, Dimon & Paris Hilton

Q: Name a douchebag, a scumbag and hosebag.

Thu, 10/18/2012 - 16:50 | 2902496 fuu
fuu's picture

-1770

Thu, 10/18/2012 - 16:55 | 2902510 lineskis
lineskis's picture

Tyler, you just have more power than you want to recognize! ;)

Thu, 10/18/2012 - 17:06 | 2902536 TruthInSunshine
TruthInSunshine's picture

You wacky conspiracy theorists!

This is an efficent market based on transparent and fundamentally sound valuations, and it could safely afford to trade on much more leverage from a systemic standpoint!

 

It's not like Bernank didn't learn the Greenspan/BernankVer1.0 lesson of what horrible things inevitably happen when a central fractional reserve planning/pumping authority creates asset bubbles!!!

Now enough of the snark while I go enjoy a delicious Chipotle (CMG) rice-a-rito!

Sheeeeeeesh!!!!!!!!!!

 

 

/sarc

#last-muppets-out-r-rotten-eggs-bitchez

#CorzineStillPimpHandStrong

#PendingLarry

Thu, 10/18/2012 - 17:17 | 2902567 Kitler
Kitler's picture

PAPER ASSETS!

Get your paper assets!... Low money down!... Help feed the starving beast with a 100% charitable donation!

Thu, 10/18/2012 - 17:49 | 2902658 Karl von Bahnhof
Karl von Bahnhof's picture

You are the NEWS!

Predictive reporting, bitchez!

Thu, 10/18/2012 - 19:59 | 2902989 LongBalls
LongBalls's picture

Did someone call for Carnac?

Thu, 10/18/2012 - 16:44 | 2902471 ACP
ACP's picture

CME Contact info:

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Thu, 10/18/2012 - 17:53 | 2902670 Karl von Bahnhof
Karl von Bahnhof's picture

Fuck them in general.

Thu, 10/18/2012 - 16:46 | 2902477 Turd Ferguson
Turd Ferguson's picture

Fucking amazing.

Nice call, Tyler.

Thu, 10/18/2012 - 16:52 | 2902499 saturn
saturn's picture

Zer0 Hedge 0racle bless us with your unending wisdom.

Thu, 10/18/2012 - 17:57 | 2902662 vast-dom
vast-dom's picture

 

 

 

Criminal

Mob

Exchange ................... stretching that Ponzi money out just a bit longer along the timeline...

Thu, 10/18/2012 - 18:08 | 2902703 Mactheknife
Mactheknife's picture

We're going to wake up one morning to a bidless market...

Thu, 10/18/2012 - 16:49 | 2902490 Stoploss
Stoploss's picture

I just checked all my Swiss bullion.

No trouble there today.

Still outperforming the market and everything else.

Well, except for GOOG today.

Thu, 10/18/2012 - 17:01 | 2902532 B-rock
B-rock's picture

ES isn't on the list, alas...

Thu, 10/18/2012 - 19:38 | 2902931 B-rock
B-rock's picture

Why should I be junked for stating the fact that ES is indeed NOT on the list? Fuckhead.

Thu, 10/18/2012 - 17:06 | 2902550 Salah
Salah's picture

It's Chicago-style Pizza.....err, politics.  Gotta keep O'Bozo in.

Thu, 10/18/2012 - 17:13 | 2902568 AGuy
AGuy's picture

Tyler One Small request could you tweeht:

"Time for the Gold Cartel to drop the price of gold below $1000".

I would really like the opportunity to buy on the dip!

Thanks!

 

Thu, 10/18/2012 - 17:15 | 2902575 Silver Bug
Thu, 10/18/2012 - 18:12 | 2902711 SILVERGEDDON
SILVERGEDDON's picture

How come if leverage falls in the market, no one hears a sound ?

Thu, 10/18/2012 - 19:57 | 2902980 Bobbyrib
Bobbyrib's picture

Rubicon, you are proof that some people don't quite understand how propping up the market works. If they don't lower the margin requirements massive selloffs to meet the calls would sink the market. It is common sense for anyone who understands our corrupt financial sector as Tyler seems to.

Thu, 10/18/2012 - 16:40 | 2902453 Robslob
Robslob's picture

Must....have.....leverage....to....grow......ahhhhhh.....help me I am melting!!!!!!!!!!!

Thu, 10/18/2012 - 16:48 | 2902485 ParkAveFlasher
ParkAveFlasher's picture

And, Scarecrow just lit himself on fire.

Cue Flying Monkeys ...

Thu, 10/18/2012 - 16:52 | 2902502 spastic_colon
spastic_colon's picture

Just more leverage to undo on the way down

Thu, 10/18/2012 - 17:06 | 2902547 CPL
CPL's picture

what a world watta wurilllddd.

Thu, 10/18/2012 - 16:49 | 2902491 The Shootist
The Shootist's picture

Oh no, the markets are down! Halt the indices, it's for the children. Get Wawwen Buffet in here to lull the masses with ukulele songs.

Thu, 10/18/2012 - 17:20 | 2902587 TruthInSunshine
TruthInSunshine's picture

But if the stock market is allowed to fall, ever, it will destroy Helo-Ben's Virtuous Circle Jerk econometric model!!!

Thu, 10/18/2012 - 18:30 | 2902757 DeadFred
DeadFred's picture

They can read charts too. They know there is very little beyond air to support prices now and they're scared. This BS is frustrating but see it for what it is, pure fear.

Thu, 10/18/2012 - 17:11 | 2902560 Miss Expectations
Miss Expectations's picture

"I can't come back, I don't know how it works."

Thu, 10/18/2012 - 16:43 | 2902456 alstry
alstry's picture

"Tyranny is defined as that which is legal for the government but illegal for the citizenry." Thomas Jefferson 
 
Does anyone on this board really think a private bank/government can simply print money out of thin air, QE, without being tied to production? If so, than why wouldn't every citizen in a democracy vote for government to print them their own money...just like it is doing for the top part of the pyramid? 
 
Once we started down the path of QE....the system based on a rule of law failed. Once the rule of law fails, it is only a matter of time before the people figure it out and reject the system....which is now occurring with increasing intensity globally.

When we are all milking off the fraudulent promises of each other, you know its an Udder World.

Thu, 10/18/2012 - 16:48 | 2902487 seek
seek's picture

Uhm... We have a government running a $1.5T deficit and using the funds to support dozens of transfer payment programs for the "less fortunate" and a handful of wars. Not every citizen voted for this, but yes, it's affecting every citizen alright. It ain't just the top of the pyramid here.

People aren't going to "figure it out and reject the system." The system won't allow itself to be rejected. So the alternative happens, accelerating printing and lawlessness until the thing goes kaboom.

Kaboom is inevitable. Kaboom is the only option.

I've seen the future, and it looks like this: http://onastick.net/sitz/images/

 

Thu, 10/18/2012 - 17:17 | 2902564 alstry
alstry's picture

Without the printing...EVERYONE would be broke and the top part of the pyramid would look just like the bottom.  At that point, we could truly say all men really are equal.

Throughout history, there has always been three forms of money:  Love, Trade and Force.  Clint Eastwood always possessed all three when he rode into town.

As far as the new shape of our economic pyramid, it would resemble the following: ______________________

Thu, 10/18/2012 - 20:02 | 2903001 blunderdog
blunderdog's picture

    Without the printing...EVERYONE would be broke and the top part of the pyramid would look just like the bottom.

Don't be silly.  There were rich folks long before there was a Fed or even the USA.  There's never been any difficulty in figuring out who's "atop the pyramid."

Fri, 10/19/2012 - 00:45 | 2903462 merizobeach
merizobeach's picture

Leonard Cohen saw the future, too.  He said it's going to be murder.

Thu, 10/18/2012 - 17:06 | 2902545 Brother Sebastian
Brother Sebastian's picture

Very well written...and correct.  But I'm not so sure "the people will figure it out."  When I use the same arguments you wrote above on my well-educated, supposedly intelligent friends, they vehemently disagree.  Sadly, the rule of law failed a long time ago in our country.  If and when the majority of Americans do "figure it out" and take to the streets, the government will use all those hollow-point bullets it purchased a short time ago, as well as deploy the assault vehicles, drones and "protectors of freedom" it pays to maintain order.  American will be pitted against American because the real enemy is us...not the taliban or the so-called "axis of evil" nations.     

Thu, 10/18/2012 - 17:22 | 2902589 XitSam
XitSam's picture

Cloward-Piven strategy. Occupy was a proof of concept.

Thu, 10/18/2012 - 17:06 | 2902546 Brother Sebastian
Brother Sebastian's picture

Very well written...and correct.  But I'm not so sure "the people will figure it out."  When I use the same arguments you wrote above on my well-educated, supposedly intelligent friends, they vehemently disagree.  Sadly, the rule of law failed a long time ago in our country.  If and when the majority of Americans do "figure it out" and take to the streets, the government will use all those hollow-point bullets it purchased a short time ago, as well as deploy the assault vehicles, drones and "protectors of freedom" it pays to maintain order.  American will be pitted against American because the real enemy is us...not the taliban or the so-called "axis of evil" nations.     

Thu, 10/18/2012 - 18:13 | 2902717 Mactheknife
Mactheknife's picture

" The end of democracy and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations."  Thomas Jefferson

Fri, 10/19/2012 - 00:47 | 2903469 merizobeach
merizobeach's picture

Well, that part's done.  What did he say would happen next?

Thu, 10/18/2012 - 16:41 | 2902457 alstry
alstry's picture

Raise margins....lower margins....does it really matter anymore?

Thu, 10/18/2012 - 16:43 | 2902467 blu
blu's picture

Dammit Tyler, least you could do is Tweet something that could make us some money.

40 minutes warning is fine. Love ya baby.

Thu, 10/18/2012 - 18:14 | 2902723 a growing concern
a growing concern's picture

Like "Just discovered: FAZ is selling at a 99% discount to NAV"

Thu, 10/18/2012 - 16:43 | 2902468 Buckaroo Banzai
Buckaroo Banzai's picture

What is most horrifying is not what the CME is doing, it is that 99.99% of Americans still have no clue that our financial markets are totally rigged. They will wake up one morning and their money will be all gone and they will be exceedingly confused and will turn on the TV and some douchebag will tell them some giant fucking lies, and they will believe it.

Thu, 10/18/2012 - 17:00 | 2902483 Robslob
Robslob's picture

Unless they own physical.

Physical Definition in the 21st Century:

Food

Water

Guns

Ammo

Booze

Farm Land

Gold

Silver

Anything that can't be printed by the government...etc...etc...etc...

Thu, 10/18/2012 - 17:16 | 2902576 Haager
Haager's picture

Acttually, owning physical will be prohibited wherever possible. And margins on food&water will be tightened further.

Thu, 10/18/2012 - 17:39 | 2902624 samsara
samsara's picture

Yes, and Drugs have been prohibited for decades but it is easy to buy/trade them.

 

If cash is outlawed,  only outlaws will have cash.

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