Re: Erste certi

HONG KONG (MarketWatch) -- Silver prices extended declines in Asia on Tuesday, sliding nearly 2%, after the main U.S. metals exchange raised margin requirements 11.6%, the third such hike in a little over a week. July silver /quotes/comstock/21e!f1:si\n11 SIN11 -5.76% fell 88 U.S. cents, or 1.9%, to $45.22 per troy ounce, in midday trade in East Asia, on the Comex division of the New York Mercantile Exchange, according to FactSet. Initial margin requirements for silver were increased to $16,200 per futures contract, from $14,513 per contract, CME Group Inc. said in a statement released Monday afternoon. Maintenance margins were lifted to $12,000 from $10,750. The revised margin requirements will take effect from the close of business on Tuesday.

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