Futures & FOPs Margin Requirements

Futures and FOPs Margin Overview

US Futures and FOPs Margin Requirements


For residents of the United Kingdom trading futures and FOPs:

  • Risk-based margin
  • Portfolio margin

Interactive Brokers will calculate both methodologies and assess the higher of the two to your account.

The complete margin requirement details are listed in the sections below.




Futures Margin


Futures margin requirements are based on risk-based algorithms. All margin requirements are expressed in the currency of the traded product and can change frequently. Risk-based margin algorithms define a standard set of market outcome scenarios with a one-day time horizon. A price scanning range is defined for each product by the respective clearing house.

Note that for commodities including futures, single-stock futures and futures options, margin is the amount of cash a client must put up as collateral to support a futures contract. For securities, margin is the amount of cash a client borrows.

Futures margin trading in an Individual Retirement Account (IRA) is subject to substantially higher margin requirements than in a non-IRA margin account. Margin rates in an IRA margin account may meet or exceed twice the overnight futures margin requirement imposed in a non-IRA margin account.

Margin requirements for futures are set by each exchange.


Margin Requirements

Euronext Brussels (Belfox)

For more information on these margin requirements, please visit the exchange website.

Exchange BELFOX Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
BELFOXBFXBEL 20 Index BXF 7723.64 N/A 7723.64 6178.91 EUR Yes 2 7723.64 6178.91
Chicago Board Of Trade (CBOT)

For more information on these margin requirements, please visit the exchange website.

Exchange CBOT Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
CBOT10Y10 Year Micro Treasury Yield 10Y 700 N/A 700 560 USD No 700 560
CBOT2YY2 Year Micro Treasury Yield 2YY 1833.73 N/A 1833.73 1466.98 USD No 1833.73 1466.98
CBOT30Y30 Year Micro Treasury Yield 30Y 1196.13 N/A 1196.13 956.906 USD No 1196.13 956.906
CBOT5YY5 Year Micro Treasury Yield 5YY 1337.28 N/A 1337.28 1069.83 USD No 1337.28 1069.83
CBOTAIGCIBloomberg Commodity Index AW 1125.51 N/A 1125.51 900.406 USD No 1125.51 900.406
CBOTACEthanol -CME EH 6125 N/A 6125 4900 USD No 6125 4900
CBOTKEHard Red Winter Wheat -KCBOT- KE 4358.41 N/A 4358.41 3486.73 USD Yes 4358.41 3486.73
CBOTMTNMicro Ultra 10-Year U.S Treasury Note MTN 573.397 N/A 573.397 458.717 USD No 573.397 458.717
CBOTMWNMicro Ultra US Treasury Bond MWN 1392.24 N/A 1392.24 1113.79 USD No 1392.24 1113.79
CBOTMYMMicro E-Mini Dow Jones Industrial Average Index MYM 772.438 671.685 1103.48 959.55 USD No 1103.48 959.55
CBOTDJUSREDow Jones US Real Estate Index RX 4515.31 N/A 4515.31 3612.25 USD No 4515.31 3612.25
CBOTTNUltra 10-Year US Treasury Note TN 4321.00 N/A 4321.00 3456.80 USD No 4321.00 3456.80
CBOTTWE20-Year U.S. Treasury Bond TWE 6375 N/A 6375 5100 USD No 6375 5100
CBOTUBUltra Treasury Bond UB 8799.96 N/A 8799.96 7039.97 USD Yes 8799.96 7039.97
CBOTYCMini Sized Corn Futures XC 386.527 N/A 386.527 309.221 USD No 386.527 309.221
CBOTYKMini Sized Soybean Futures XK 876.877 N/A 876.877 701.502 USD No 876.877 701.502
CBOTYWMini Sized Wheat Futures XW 799.193 N/A 799.193 639.354 USD No 799.193 639.354
CBOTYIA1-Year Eris SOFR Swap Futures YIA 101.496 N/A 101.496 75.00 USD No 93.75 75.00
CBOTYIC3-Year Eris SOFR Swap Futures YIC 62.50 N/A 62.50 50 USD No 62.50 50
CBOTYID4-Year Eris SOFR Swap Futures YID 93.75 N/A 93.75 75.00 USD No 93.75 75.00
CBOTYIT2-Year Eris SOFR Swap Futures YIT 168.7475 N/A 168.7475 50 USD No 62.50 50
CBOTYIW5-Year Eris SOFR Swap Futures YIW 487.496 N/A 487.496 84.9545 USD No 106.193 84.9545
CBOTYME-mini Dow Jones Industrial Average YM 7724.38 6716.85 11034.825 9595.50 USD Yes 11034.825 9595.50
CBOTZ3N3 YEAR US TREASURY NOTE Z3N 2625.33 N/A 2625.33 2100.26 USD No 2625.33 2100.26
CBOTZBUS Treasury Bond ZB 5950.85 N/A 5950.85 4760.68 USD Yes 5950.85 4760.68
CBOTZCCorn Futures ZC 1932.63 N/A 1932.63 1546.11 USD Yes 1932.63 1546.11
CBOTZF5 Year US Treasury Note ZF 1750.00 N/A 1750.00 1400.00 USD Yes 1750.00 1400.00
CBOTZLSoybean Oil Futures ZL 3120.45 N/A 3120.45 2496.36 USD Yes 3120.45 2496.36
CBOTZMSoybean Meal Futures ZM 4258.58 N/A 4258.58 3406.86 USD Yes 4258.58 3406.86
CBOTZN10 Year US Treasury Note ZN 2700.43 N/A 2700.43 2160.34 USD Yes 2700.43 2160.34
CBOTZOOat Futures ZO 6098.45 N/A 6098.45 4878.76 USD Yes 6098.45 4878.76
CBOTZQ30 Day Fed Funds ZQ 485.603 N/A 485.603 388.482 USD Yes 2 485.603 388.482
CBOTZRRough Rice Futures ZR 5075.98 N/A 5075.98 4060.79 USD Yes 5075.98 4060.79
CBOTZSSoybean Futures ZS 4384.38 N/A 4384.38 3507.51 USD Yes 4384.38 3507.51
CBOTZT2 Year US Treasury Note ZT 1437.50 N/A 1437.50 1150 USD Yes 1437.50 1150
CBOTZWWheat Futures ZW 3995.97 N/A 3995.97 3196.77 USD Yes 3995.97 3196.77
Montreal Exchange (CDE)

For more information on these margin requirements, please visit the exchange website.

Exchange CDE Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
CDEBAX3 Month Canadian Bankers' Acceptance Futures BAX 621.782 N/A 621.782 497.426 CAD No 621.782 497.426
CDECGB10 Year Government of Canada Bonds CGB 4221.33 N/A 4221.33 3377.07 CAD No 4221.33 3377.07
CDECGF5 Year Government of Canada Bonds CGF 2233.78 N/A 2233.78 1787.03 CAD No 2233.78 1787.03
CDECGZ2 Year Government of Canada Bonds CGZ 942.85 N/A 942.85 754.28 CAD No 942.85 754.28
CDECRA3 Month CORRA CRA 394.05 N/A 394.05 315.24 CAD No 394.05 315.24
CDETSE60S&P Canada 60 Index Futures (Old TSE60) SXF 11667.71 9334.17 16668.16 13334.53 CAD No 16668.16 13334.53
CDETSE60S&P Canada 60 Index Futures (Old TSE60) SXM 12501.12 N/A 12501.12 10000.89 CAD No 12501.12 10000.89
CBOE Futures Exchange (CFE)

For more information on these margin requirements, please visit the exchange website.

Exchange CFE Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
CFEIBXXIBHYiBoxx iShares $ High Yield Corporate Bond Index TR IBHY 11785.66 N/A 11785.66 9428.53 USD No 11785.66 9428.53
CFEIBXXIBIGiBoxx iShares $ Investment Grade Corporate Bond Index TR IBIG 14450.86 N/A 14450.86 11560.69 USD No 14450.86 11560.69
CFEVIXCBOE Volatility Index VX 9477 N/A 9477 7581.60 USD No 29589.54 23671.63
CFEVIXCBOE Volatility Index VX19 9546.875 N/A 9546.875 7637.50 USD No 30283.66 24226.93
CFEVIXCBOE Volatility Index VX20 9549.26 N/A 9549.26 7639.41 USD No 29487.01 23589.61
CFEVIXCBOE Volatility Index VX22 9554.73 N/A 9554.73 7643.79 USD No 29170.56 23336.45
CFEVIXCBOE Volatility Index VX23 9232.73 N/A 9232.73 7386.18 USD No 29017.15 23213.72
CFEVIXCBOE Volatility Index VX24 8559.51 N/A 8559.51 6847.61 USD No 28907.40 23125.92
CFEVXMMini Cboe Volatility Index Futures VXM 947.70 N/A 947.70 758.16 USD No 2958.95 2367.16
Chicago Mercantile Exchange (CME)

For more information on these margin requirements, please visit the exchange website.

Exchange CME Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
CMEAUDAustralian dollar 6A 3052.22 N/A 3052.22 2441.78 USD Yes 3052.22 2441.78
CMEGBPBritish pound 6B 2688.12 N/A 2688.12 2150.49 USD Yes 2688.12 2150.49
CMECADCanadian dollar 6C 2317.78 N/A 2317.78 1854.22 USD Yes 2317.78 1854.22
CMEEUREuropean Monetary Union Euro 6E 3753.74 N/A 3753.74 3002.99 USD Yes 3753.74 3002.99
CMEJPYJapanese yen 6J 3799.83 N/A 3799.83 3039.87 USD Yes 3799.83 3039.87
CMEBREBrazilian real 6L 2012.48 N/A 2012.48 1463.625 USD Yes 2 2012.48 1463.625
CMEMXPMexican Peso 6M 2195.25 N/A 2195.25 1756.20 USD Yes 2195.25 1756.20
CMENZDNew Zealand dollar 6N 2538.20 N/A 2538.20 2030.56 USD Yes 2 2538.20 2030.56
CMERUR *Russian Ruble in US Dollars 6R 33531.25 N/A 33531.25 26825 USD Yes 2 33531.25 26825
CMECHFSwiss franc 6S 5176.64 N/A 5176.64 4141.31 USD Yes 5176.64 4141.31
CMEZARSouth African Rand 6Z 2352.66 N/A 2352.66 1882.125 USD No 2352.66 1882.125
CMEACDAustralian dollar ACD 14521.85 N/A 14521.85 11617.48 CAD No 14521.85 11617.48
CMEAJYAustralian dollar AJY 2859239.54 N/A 2859239.54 2287391.63 JPY No 2859239.54 2287391.63
CMEBQXCME E-Mini NASDAQ Biotechnology BIO 27791.44 N/A 27791.44 22233.15 USD No 27791.44 22233.15
CMEBOSBoston Housing Index BOS 5187.50 N/A 5187.50 4150 USD No 5187.50 4150
CMEBSBYThree-Month Bloomberg Short-Term Bank Yield BSB 2592.95 N/A 2592.95 2074.36 USD No 2592.95 2074.36
CMEBRRCME CF Bitcoin Reference Rate BTC 157331.18 N/A 157331.18 122368.69 USD Yes 157331.16 122368.69
CMEBTCEURRRCME CF Bitcoin-Euro Reference Rate BTE 173828.125 N/A 173828.125 139062.50 EUR No 347656.25 278125
CMECBCME Cash-Settled Butter Futures CB 9952.08 N/A 9952.08 7961.67 USD No 9952.08 7961.67
CMECHIChicago Housing Index CHI 3143.75 N/A 3143.75 2515.00 USD No 3143.75 2515.00
CMECLPChilean peso CHP 8352.36 N/A 8352.36 6681.89 USD No 8352.36 6681.89
CMECJYCanadian dollar CJY 3442488.02 N/A 3442488.02 2753990.42 JPY No 3442488.02 2753990.42
CMECNHUnited States dollar CNH 26949.375 N/A 26949.375 21559.50 CNH No 26949.375 21559.50
CMECSCCheese CSC 8496.54 N/A 8496.54 6797.23 USD No 8496.54 6797.23
CMECUSHousing Index Composite CUS 8468.75 N/A 8468.75 4375 USD No 8468.75 4375
CMECZKCzech koruna CZK 21935.99 N/A 21935.99 17548.79 USD Yes 2 21935.99 17548.79
CMEDAMILK CLASS III INDEX DC 5339.76 N/A 5339.76 4271.80 USD Yes 5339.76 4271.80
CMEDENDenver Housing Index DEN 4918.75 N/A 4918.75 3935.00 USD No 4918.75 3935.00
CMEDYCME DRY WHEY INDEX DY 3998.09 N/A 3998.09 3198.47 USD No 3998.09 3198.47
CMEE7European Monetary Union Euro E7 1876.87 N/A 1876.87 1501.49 USD No 1876.87 1501.49
CMEEADEuropean Monetary Union Euro EAD 19993.64 N/A 19993.64 15994.91 AUD No 19993.64 15994.91
CMEECDEuropean Monetary Union Euro ECD 11580.19 N/A 11580.19 9264.15 CAD No 11580.19 9264.15
CMEECKCzech koruna ECK 9996.50 N/A 9996.50 7997.20 EUR No 9996.50 7997.20
CMEEHFHungarian forint EHF 8549.93 N/A 8549.93 6839.94 EUR Yes 2 8549.93 6839.94
CMEEMDE-mini S&P Midcap 400 Futures EMD 18399.09 14719.27 26284.41 21027.53 USD Yes 2 26284.41 21027.53
CMENIYYen Denominated Nikkei 225 Index ENY 202861.39 162289.11 289801.98 231841.58 JPY No 289801.98 231841.58
CMEEPZPolish zloty EPZ 10886.46 N/A 10886.46 8709.17 EUR Yes 2 10886.46 8709.17
CMEESE-mini S&P 500 ES 10590.18 9627.43 15128.82 13753.47 USD Yes 15128.82 13753.47
CMESPXESUPE-mini S&P 500 ESG ESG 15121.50 N/A 15121.50 12097.20 USD No 15121.50 12097.20
CMEESTREuro Short-Term Rate ESR 250 N/A 250 200 EUR No 250 200
CMEETHEURRRCME CF Ether-Euro Reference Rate ETE 87734.375 N/A 87734.375 70187.50 EUR No 175468.75 140375
CMEETHUSDRRCME CF Ether-Dollar Reference Rate ETH 112516.82 N/A 112516.82 90013.45 USD Yes 225033.63 180026.90
CMEGSCIS&P-GSCI Index GD 22302.10 N/A 22302.10 17841.68 USD No 22302.10 17841.68
CMEGDKClass IV Milk - 200k lbs GDK 2803.72 N/A 2803.72 2242.98 USD No 2803.72 2242.98
CMEGFFeeder Cattle GF 9746.79 N/A 9746.79 7797.43 USD Yes 9746.79 7797.43
CMENFNON FAT DRY MILK INDEX GNF 5754.36 N/A 5754.36 4603.49 USD No 5754.36 4603.49
CMEHELean Hogs HE 5735.32 N/A 5735.32 4588.26 USD Yes 5735.32 4588.26
CMEHUFHungarian forint HUF 12361.70 N/A 12361.70 9889.36 USD Yes 2 12361.70 9889.36
CMEIBAABovespa Index - USD IBV 29763.83 N/A 29763.83 23811.06 USD No 29763.83 23811.06
CMEILSIsraeli Shekel ILS 35093.11 N/A 35093.11 28074.49 USD Yes 2 35093.11 28074.49
CMEJ7Japanese yen J7 1899.92 N/A 1899.92 1519.93 USD No 1899.92 1519.93
CMEKRWKorean Won KRW 19523.44 N/A 19523.44 15618.75 USD Yes 2 12632.81 10106.25
CMELAVLas Vegas Housing Index LAV 4540.63 N/A 4540.63 3632.50 USD No 4540.63 3632.50
CMELAXLos Angeles Housing Index LAX 6853.13 N/A 6853.13 5482.50 USD No 6853.13 5482.50
CMELBRLumber Futures LBR 1149.18 N/A 1149.18 919.348 USD No 1149.18 919.348
CMELELive Cattle LE 4733.47 N/A 4733.47 3786.78 USD Yes 4733.47 3786.78
CMEM2KMicro E-Mini Russell 2000 Index M2K 574.093 459.274 820.132 656.106 USD No 820.132 656.106
CMEM6AAustralian dollar M6A 305.222 N/A 305.222 244.178 USD No 305.222 244.178
CMEM6BBritish pound M6B 268.812 N/A 268.812 215.049 USD No 268.812 215.049
CMEM6EEuropean Monetary Union Euro M6E 375.374 N/A 375.374 300.299 USD No 375.374 300.299
CMEMBTMicro Bitcoin MBT 3146.62 N/A 3146.62 2447.37 USD Yes 3146.62 2447.37
CMEMCDCanadian dollar MCD 231.778 N/A 231.778 185.422 USD No 231.778 185.422
CMEMESMicro E-Mini S&P 500 Stock Price Index MES 1059.02 962.743 1512.88 1375.35 USD Yes 1512.88 1375.35
CMEMETMicro Ether MET 225.034 N/A 225.034 180.027 USD Yes 450.067 360.054
CMEMIAMiami Housing Index MIA 10078.125 N/A 10078.125 5562.50 USD No 10078.125 5562.50
CMEMIRIndian Rupee MIR 1496.96 N/A 1496.96 1197.50 USD No 1496.96 1196.50
CMEMNHUnited States dollar MNH 2700.00 N/A 2700.00 2160.00 CNH No 2700.00 2160.00
CMEMNQMicro E-Mini Nasdaq-100 Index MNQ 1850.22 1682.02 2643.17 2402.88 USD Yes 2643.17 2402.88
CMEMSFSwiss franc MSF 517.68 N/A 517.68 414.144 USD No 517.695 414.156
CMENIYYen Denominated Nikkei 225 Index NIY 1014306.93 811445.54 1449009.89 1159207.92 JPY No 1449009.89 1159207.92
CMENKDDollar Denominated Nikkei 225 Index NKD 15219.12 N/A 15219.12 12175.30 USD No 15219.12 12175.30
CMENOKNorwegian krone NOK 26934.95 N/A 26934.95 21547.96 USD No 26934.95 21547.96
CMENQE-mini NASDAQ 100 NQ 18502.21 16820.19 26431.73 24028.85 USD Yes 26431.73 24028.85
CMENYMNew York Housing Index NYM 5398.44 N/A 5398.44 3812.50 USD No 5398.44 3812.50
CMEPJYBritish pound PJY 3647386.08 N/A 3647386.08 2917908.86 JPY No 3647386.08 2917908.86
CMEPLNPolish zloty PLN 18061.76 N/A 18061.76 14449.41 USD Yes 2 18061.76 14449.41
CMEPSFBritish pound PSF 12258.40 N/A 12258.40 9806.72 CHF No 12258.40 9806.72
CMERFEuropean Monetary Union Euro RF 4932.11 N/A 4932.11 3945.69 CHF No 4932.11 3945.69
CMERMBCME Chinese Renminbi in US Dollar Cross Rate RMB 8820 N/A 8820 7056 USD Yes 2 8820 7056
CMERMECME Chinese Renminbi in Euro Cross Rate RME 11896.14 N/A 11896.14 9516.91 EUR Yes 2 11896.14 9516.91
CMERPEuropean Monetary Union Euro RP 6696.09 N/A 6696.09 5356.875 GBP No 6696.09 5356.875
CMERS1E-mini Russell 1000 Index Futures RS1 12391.57 N/A 12391.57 9913.26 USD No 12391.57 9913.26
CMERSGE-mini Russell 1000 Growth Index Futures RSG 42412.95 N/A 42412.95 33930.36 USD No 42412.95 33930.36
CMERSVE-Mini Russell 1000 Value Index Futures RSV 11722.52 N/A 11722.52 9378.02 USD No 11722.52 9378.02
CMERTYE-mini Russell 2000 Index RTY 5740.93 4592.74 8201.32 6561.06 USD Yes 8201.32 6561.06
CMERYEuropean Monetary Union Euro RY 1351132.97 N/A 1351132.97 1080906.37 JPY Yes 2 1351132.97 1080906.37
CMESPXDIVANS&P 500 Dividend Points (Annual) Index SDA 4858.13 N/A 4858.13 3730.00 USD No 4858.13 3730.00
CMESDGSan Diego Housing Index SDG 7048.28 N/A 7048.28 5638.62 USD No 7048.28 5638.62
CMESEKSwedish krona SEK 21551.41 N/A 21551.41 17241.13 USD No 21551.41 17241.13
CMESFRSan Francisco Housing Index SFR 5468.75 N/A 5468.75 4375 USD No 5468.75 4375
CMESGXS&P 500 / Citigroup Growth Index SG 256209.28 N/A 256209.28 204967.42 USD No 256209.28 204967.42
CMESIRIndian Rupee SIR 7490.625 N/A 7490.625 5992.50 USD No 7490.625 5992.50
CMESJYSwiss franc SJY 4809110.89 N/A 4809110.89 3847288.71 JPY No 4809110.89 3847288.71
CMESMCE-Mini S&P SmallCap 600 Futures SMC 36674.84 N/A 36674.84 29339.87 USD No 36674.84 29339.87
CMESONIASterling Overnight Index Average SON 1118.15 N/A 1118.15 894.518 GBP No 1118.15 894.518
CMESOFR1Secured Overnight Financing Rate 1-month average of rates SR1 500.081 N/A 500.081 400.064 USD No 500.081 400.064
CMESOFR3Secured Overnight Financing Rate 3-month average of rates SR3 687.50 N/A 687.50 550 USD Yes 687.50 550
CMESVXS&P 500 / Citigroup Value Index SU 92411.57 N/A 92411.57 73929.25 USD No 92411.57 73929.25
CMETBF313-Week US Treasury Bill TBF3 750.549 N/A 750.549 600.439 USD No 750.549 600.439
CMEWDCWashington DC Housing Index WDC 5000 N/A 5000 4000 USD No 5000 4000
CMEIXBMaterials Select Sector Index XAB 17132.32 N/A 17132.32 13705.86 USD No 17132.32 13705.86
CMEIXEEnergy Select Sector Index XAE 19307.64 N/A 19307.64 15446.11 USD No 19307.64 15446.11
CMEIXMFinancial Select Sector Index XAF 16882.45 N/A 16882.45 13505.96 USD No 16882.45 13505.96
CMEIXIIndustrial Select Sector Index XAI 22350.86 N/A 22350.86 17880.69 USD No 22350.86 17880.69
CMEIXTTechnology Select Sector Index - XAK 47880.27 N/A 47880.27 38304.21 USD No 47880.27 38304.21
CMEIXRConsumer Staples Select Sector Index XAP 8079.53 N/A 8079.53 6463.62 USD No 8079.53 6463.62
CMEIXREReal Estate Select Sector Index XAR 8806.46 N/A 8806.46 7045.17 USD No 8806.46 7045.17
CMEIXUUtilities Select Sector Index XAU 9582.34 N/A 9582.34 7665.88 USD No 9582.34 7665.88
CMEIXVHealth Care Select Sector Index XAV 14801.77 N/A 14801.77 11841.42 USD No 14801.77 11841.42
CMEIXYConsumer Discretionary Select Sector Index XAY 39271.62 N/A 39271.62 31417.30 USD No 39271.62 31417.30
COMEX

Exchange COMEX Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
COMEXALIAluminum Index ALI 7310.03 N/A 7310.03 5848.02 USD No 7310.03 5848.02
COMEXGCGold GC 13671.17 N/A 13671.17 10936.94 USD Yes 13671.17 10936.94
COMEXHGCopper Index HG 11804.19 N/A 11804.19 9443.35 USD Yes 11804.19 9443.35
COMEXHRCHot-Rolled Coil Steel Index HRC 3641.03 N/A 3641.03 2912.83 USD No 3641.03 2912.83
COMEXMGCE-Micro Gold MGC 1367.12 N/A 1367.12 1093.69 USD Yes 1367.12 1093.69
COMEXMHGMicro Copper MHG 1180.42 N/A 1180.42 944.335 USD No 1180.42 944.335
COMEXQCCOMEX MINY Copper QC 5902.09 N/A 5902.09 4721.67 USD No 5902.09 4721.67
COMEXQICOMEX MINY Silver QI 10480.08 N/A 10480.08 8384.06 USD No 10480.08 8384.06
COMEXQOCOMEX MINY Gold QO 6835.59 N/A 6835.59 5468.47 USD No 6835.59 5468.47
COMEXSGCShanghai Gold Exchange Gold Benchmark PM Price Index - CNH Futures SGC 47210.39 N/A 47210.39 37768.31 CNH No 47210.39 37768.31
COMEXSGUFShanghai Gold Exchange Gold Benchmark PM Price Index - USD Futures SGU 6583.03 N/A 6583.03 5266.42 USD No 6583.03 5266.42
COMEXSISilver Index SI 20960.16 N/A 20960.16 16768.125 USD Yes 20960.16 16768.125
COMEXSISilver Index SIL 4192.03 N/A 4192.03 3353.625 USD No 4192.03 3353.625
COMEXUXUranium Index UX 6741.80 N/A 6741.80 5393.44 USD No 6741.80 5393.44
ENDEX

Exchange ENDEX Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
ENDEXECFICE ECX EUA Futures ECF 72510.00 N/A 72510.00 58008.00 EUR No 72510.00 58008.00
ENDEXTFMDutch TTF Natural Gas Futures TFM 12779.95 N/A 12779.95 10223.96 EUR Yes 12779.95 10223.96
EUREX

Exchange EUREX Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
EUREXCONFSwiss Federal Long-Term Bonds CONF 12087.40 N/A 12087.40 9669.92 CHF No 12087.40 9669.92
EUREXKS200.EUKOSPI 200 - Eurex/KRX Linked Product FBK2 7992031.38 6393625.105 11417187.69 9133750.15 KRW Yes 11417187.69 9133750.15
EUREXFBONEuro BONO Futures on Long-term Spanish Government Bonds FBON 9993.80 N/A 9993.80 7995.04 EUR No 9993.80 7995.04
EUREXBTPEuro-BTP Italian Government Bond FBTP 4818.24 N/A 4818.24 3854.59 EUR Yes 4818.24 3854.59
EUREXBTSShort-Term Euro-BTP Italian Government Bond FBTS 1185.65 N/A 1185.65 948.517 EUR No 1329.96 1063.97
EUREXDJUBSDow Jones-UBS Commodity Index FCCO 3191.19 N/A 3191.19 2552.95 USD No 3191.19 2552.95
EUREXKWY.EUUS Dollar in Korean Won - EUREX/KRX Linked Product FCUW 1718125 N/A 1718125 1374500 KRW No 3436250 2749000
EUREXSD3EDEuro Stoxx Select Dividend 30 DVP FD3D 4168.69 N/A 4168.69 2166.00 EUR No 4168.69 2166.00
EUREXDAXDAX 40 Index (Deutsche Aktien Xchange 40) FDAX 28885.72 23108.575 41265.31 33012.25 EUR Yes 39607.50 31686
EUREXDDAXDivDAX Price Index FDIV 9302.50 N/A 9302.50 7442.00 EUR Yes 2 9302.50 7442.00
EUREXDDXDIVPTDivDAX Dividend Points Index FDVD 3568.21 N/A 3568.21 1854 EUR No 3568.21 1854
EUREXDAXDAX 40 Index (Deutsche Aktien Xchange 40) FDXM 5777.14 4621.715 8253.06 6602.45 EUR No 7921.50 6337.20
EUREXDAXDAX 40 Index (Deutsche Aktien Xchange 40) FDXS 1155.43 924.343 1650.61 1320.49 EUR Yes 1584.30 1267.44
EUREXDBEAEURO STOXX Banks Index Dividend Futures FEBD 406.732 N/A 406.732 210.35 EUR No 406.732 210.35
EUREXDJSDEuro STOXX Select Dividend 30 Index FEDV 4076.25 N/A 4076.25 3261 EUR Yes 2 4076.25 3261
EUREXESAEuro STOXX 600 Automobile & Parts FESA 10333.15 N/A 10333.15 8266.52 EUR Yes 2 10333.15 8266.52
EUREXSX7EEuro STOXX Banks Index FESB 699.851 559.881 999.788 799.83 EUR Yes 889.975 711.98
EUREXSX4EEuro STOXX Chemicals FESC 6585.41 N/A 6585.41 5268.33 EUR Yes 2 6426.38 5141.10
EUREXESEEuro STOXX Oil & Gas FESE 2209.22 N/A 2209.22 1767.37 EUR Yes 2 2209.22 1767.37
EUREXESFEuro STOXX Financial Services Index FESF 3239.28 N/A 3239.28 2591.425 EUR Yes 2 2640.01 2112.005
EUREXSXNEEuro STOXX Industrial Goods&Services FESG 6531.17 N/A 6531.17 5224.94 EUR Yes 2 6531.17 5224.94
EUREXSXDEEuro STOXX Healthcare FESH 2757.74 N/A 2757.74 2206.19 EUR Yes 2 2757.74 2206.19
EUREXESIEuro STOXX Insurance FESI 2525.78 N/A 2525.78 2020.62 EUR Yes 2 2186.26 1749.00
EUREXESMEuro STOXX Media Index FESM 1437.40 N/A 1437.40 1149.92 EUR Yes 2 1437.40 1149.92
EUREXSXOEEuro STOXX Construction FESN 3172.64 N/A 3172.64 2538.12 EUR Yes 2 3160.51 2528.41
EUREXSX3EEuro STOXX Food&Beverages FESO 1547.09 N/A 1547.09 1237.67 EUR Yes 2 1507.50 1206.00
EUREXSXREEuro STOXX Retail FESR 4574.88 N/A 4574.88 3659.90 EUR Yes 2 4574.88 3659.90
EUREXSXPEEuro STOXX Basic Resources FESS 1426.08 N/A 1426.08 1140.86 EUR Yes 2 1331.98 1065.58
EUREXSXKEEuro STOXX Telecommunications FEST 882.761 N/A 882.761 706.208 EUR Yes 2 882.761 706.208
EUREXESUEuro STOXX Utilities Index FESU 1433.00 N/A 1433.00 1146.40 EUR Yes 1360.24 1088.19
EUREXSXTEEuro STOXX Travel & Leisure FESV 1242.77 N/A 1242.77 994.216 EUR Yes 2 1167.75 934.197
EUREXESTX50Euro STOXX50 FESX 3270.14 2616.11 4671.62 3737.30 EUR Yes 4671.62 3737.30
EUREXSX8EEuro STOXX Technology FESY 18354.29 N/A 18354.29 14683.43 EUR Yes 2 18354.29 14683.43
EUREXSXQEEuro STOXX Personal & Household Goods FESZ 8498.72 N/A 8498.72 6798.98 EUR Yes 2 8498.72 6798.98
EUREXEU3Three Month EURIBOR FEU3 500.145 N/A 500.145 400.116 EUR Yes 500.145 400.116
EUREXDESX5EURO STOXX 50 Index-Dividenden FEXD 4336.66 2242.80 6195.23 3204.00 EUR Yes 6195.23 3204.00
EUREXOMXH25OMX Helsinki 25 Index FFOX 8549.81 N/A 8549.81 6839.85 EUR Yes 2 8549.81 6839.85
EUREXGBLEuro Bund (10 Year Bond) FGBL 3858.22 N/A 3858.22 3086.57 EUR Yes 3858.22 3086.57
EUREXGBMEuro Bobl (5 Year Bond) FGBM 2165.38 N/A 2165.38 1732.30 EUR Yes 2165.38 1732.30
EUREXGBSEuro Schatz (2 Year Bond) FGBS 832.791 N/A 832.791 666.233 EUR Yes 764.516 611.613
EUREXGBXEuro Buxl (15 - 30 Year Bond) FGBX 9125.87 N/A 9125.87 7300.70 EUR Yes 9125.87 7300.70
EUREXDJESLEuro Stoxx Large FLCE 2289.40 N/A 2289.40 1831.52 EUR No 2185.52 1748.42
EUREXDJ200LSTOXX Large 200 Index FLCP 2209.47 N/A 2209.47 1767.57 EUR No 1867.40 1493.92
EUREXDJESMEuro Stoxx Mid FMCE 2145.16 N/A 2145.16 1716.12 EUR No 1805.07 1444.05
EUREXM1CNMSCI China NTR USD FMCH 2098.19 N/A 2098.19 1678.55 USD No 2084.57 1667.66
EUREXDJ200STOXX MID 200 Index FMCP 2308.45 N/A 2308.45 1846.76 EUR Yes 2 2010.77 1608.62
EUREXM1MSMSCI Emerging Markets Asia FMEA 5295.96 N/A 5295.96 4236.765 USD No 5015.85 4012.68
EUREXM1EFMSCI Emerging Markets Net Total Return Index FMEM 4899.81 N/A 4899.81 3919.84 USD No 4899.81 3919.84
EUREXMXEUMSCI Europe FMEP 1401.56 N/A 1401.56 1121.24 EUR No 1163.73 930.981
EUREXM7EUMSCI Europe Net Return EUR Index FMEU 2753.58 N/A 2753.58 2202.87 EUR No 2261.41 1809.13
EUREXM1INMSCI India NTR USD FMIN 11870.85 N/A 11870.85 9496.68 USD No 10855.70 8684.56
EUREXMXJPUSMSCI JAPAN INDEX - USD FMJP 6196.97 N/A 6196.97 4957.57 USD No 5539.45 4431.56
EUREXK200M.EUMini KOSPI 200 - Eurex/KRX Linked Product FMK2 1594162.52 1275330.02 2277375.03 1821900.02 KRW No 2277375.03 1821900.02
EUREXM1TWMSCI Taiwan NTR USD FMTW 5648.67 N/A 5648.67 4518.94 USD No 5134.35 4107.48
EUREXMBWOMSCI World Net EUR Index 1 FMWN 3628.70 N/A 3628.70 2902.96 EUR No 3187.26 2549.81
EUREXM1WOMSCI World NETR USD Index FMWO 8486.04 N/A 8486.04 6788.83 USD No 8335.67 6668.54
EUREXMXWOMSCI World Index FMWP 5467.38 N/A 5467.38 4373.90 USD No 5467.38 4373.90
EUREXOATEuro-OAT French Government Bond FOAT 3700.64 N/A 3700.64 2960.52 EUR No 3888.40 3110.72
EUREXDJESSEuro Stoxx Small FSCE 1434.24 N/A 1434.24 1147.39 EUR No 1321.21 1056.97
EUREXDJ200SSTOXX Small 200 Index FSCP 1548.88 N/A 1548.88 1239.10 EUR No 1362.99 1090.40
EUREXSXXPESGXSTOXX Europe 600 ESG-X FSEG 1452.29 N/A 1452.29 1161.83 EUR No 1157.42 925.934
EUREXSLISwiss Leader Index (PREIS_INDEX) FSLI 4741.58 N/A 4741.58 3793.26 CHF Yes 2 4741.58 3793.26
EUREXSMIDPSMI Dividend Points Index FSMD 14284.40 N/A 14284.40 7422.00 CHF No 14284.40 7422.00
EUREXSMISwiss Market Index FSMI 5547.84 4438.27 7925.48 6340.39 CHF Yes 7925.48 6340.39
EUREXSMIMSwiss Mid-cap Index FSMM 4457.50 N/A 4457.50 3566.00 CHF Yes 2 4457.50 3566.00
EUREXSMISwiss Market Index FSMS 554.784 443.827 792.548 634.039 CHF No 792.548 634.039
EUREXMDAXMidcap DAX FSMX 2789.29 N/A 2789.29 2231.44 EUR No 2227.81 1782.24
EUREXST3Three Month ESTR FST3 143.688 N/A 143.688 114.95 EUR No 205.304 164.243
EUREXSXAPSTOXX 600 Automobiles & Parts FSTA 5545.15 N/A 5545.15 4436.12 EUR Yes 2 5545.15 4436.12
EUREXSX7PSTOXX 600 Banks FSTB 1338.84 N/A 1338.84 1071.07 EUR Yes 1138.14 910.51
EUREXSX4PSTOXX 600 Chemicals FSTC 5607.95 N/A 5607.95 4486.36 EUR Yes 2 5059.57 4047.66
EUREXSXEPSTOXX 600 Oil & Gas FSTE 2127.92 N/A 2127.92 1702.34 EUR Yes 2127.92 1702.34
EUREXSXFPSTOXX 600 Financial Services Index FSTF 4218.88 N/A 4218.88 3375.10 EUR Yes 2 3488.17 2790.53
EUREXSXNPSTOXX 600 Industrial Goods & Services Index FSTG 4182.34 N/A 4182.34 3345.88 EUR Yes 2 4043.13 3234.50
EUREXSXDPSTOXX 600 Healthcare FSTH 3951.02 N/A 3951.02 3160.81 EUR Yes 2 3951.02 3160.81
EUREXSXIPSTOXX 600 Insurance FSTI 2347.31 N/A 2347.31 1877.845 EUR Yes 2 2017.43 1613.945
EUREXSX86PSTOXX 600 Real Estate FSTL 841.683 N/A 841.683 673.346 EUR No 841.683 673.346
EUREXSXMPSTOXX 600 Media FSTM 1674.08 N/A 1674.08 1339.27 EUR Yes 2 1560.15 1248.12
EUREXSXOPSTOXX 600 Construction & Materials FSTN 3423.64 N/A 3423.64 2738.91 EUR Yes 2 3259.66 2607.73
EUREXSX3PSTOXX 600 Food & Beverage Index FSTO 2185.31 N/A 2185.31 1748.25 EUR Yes 2 2185.31 1748.25
EUREXSXRPSTOXX 600 Retail FSTR 2182.85 N/A 2182.85 1746.28 EUR Yes 2 2182.85 1746.28
EUREXSXPPSTOXX 600 Basic Resources Index FSTS 4553.07 N/A 4553.07 3642.45 EUR Yes 4443.16 3554.53
EUREXSXKPSTOXX 600 Telecommunications FSTT 659.697 N/A 659.697 527.757 EUR Yes 2 659.697 527.757
EUREXSX6PSTOXX 600 Utilities FSTU 1442.84 N/A 1442.84 1154.27 EUR Yes 1333.83 1067.06
EUREXSXTPSTOXX 600 Travel & Leisure FSTV 1366.44 N/A 1366.44 1093.15 EUR Yes 2 1293.66 1034.93
EUREXSTXSTOXX50 FSTX 3563.75 N/A 3563.75 2851 EUR Yes 2 2963.11 2370.49
EUREXSX8PSTOXX 600 Technology FSTY 7859.39 N/A 7859.39 6287.51 EUR Yes 2 7859.39 6287.51
EUREXSXQPSTOXX 600 Personal & Household Goods FSTZ 4369.16 N/A 4369.16 3495.33 EUR Yes 2 4369.16 3495.33
EUREXESTX50Euro STOXX50 FSXE 327.014 261.611 467.162 373.73 EUR No 467.162 373.73
EUREXTDXTECDAX FTDX 9371.33 N/A 9371.33 7497.07 EUR Yes 2 9371.33 7497.07
EUREXV2TXVSTOXX Volatility Index FVS 959.375 N/A 959.375 767.50 EUR Yes 2942.79 2354.23
EUREXDJESEuro STOXX Price Index FXXE 2208.36 N/A 2208.36 1766.69 EUR No 2088.44 1670.75
EUREXDJ600STOXX 600 Index FXXP 1467.75 1174.20 2096.79 1677.43 EUR Yes 2027.12 1621.70
Euronext NL (FTA)

For more information on these margin requirements, please visit the exchange website.

Exchange FTA Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
FTAAMXAMX INDEX FMX 11913.22 N/A 11913.22 9530.58 EUR No 11913.22 9530.58
FTAEOEAMS EOE Index FTI 9231.25 7385 13187.50 10550 EUR Yes 13187.50 10550
FTAEOEAMS EOE Index MFA 923.125 738.50 1318.75 1055 EUR No 1318.75 1055
Hong Kong Futures Exchange (HKFE)

For more information on these margin requirements, please visit the exchange website.

Exchange HKFE Underlying Product description Trading Class Intraday Initial 1,5 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
HKFECES120CES China 120 Index CHH 73504.32 N/A 73504.32 58803.46 HKD No 73504.32 58803.46
HKFECNHUnited States dollar CUS 26933.25 N/A 26933.25 21546.60 CNH Yes 26933.25 21546.60
HKFEHHIDPIHSCEI Dividend Point Index DHH 4155.24 N/A 4155.24 2660 HKD No 4155.24 2660
HKFEHSIDPIHSI Dividend Point Index DHS 12692.20 N/A 12692.20 8070.90 HKD No 12692.20 8070.90
HKFEGDRCNH Gold Futures GDR 81806.70 N/A 81806.70 65445.36 CNH No 81806.70 65445.36
HKFEGDUUSD Gold Futures GDU 13810.73 N/A 13810.73 11048.58 USD No 13810.73 11048.58
HKFEHHI.HK 3Hang Seng China Enterprise Index HHI 34419 27535.20 49170 39336 HKD Yes 49170 39336
HKFEHSIHang Seng Stock Index HSI 73905.22 59124.18 105578.89 84463.11 HKD Yes 105578.89 84463.11
HKFEHSTECHHang Seng TECH Index HTI 25891.13 20712.90 36987.33 29589.86 HKD Yes 36987.33 29589.86
HKFEMCAMSCI China A 50 Connect Index MCA 2917.67 2334.14 4168.10 3334.48 USD No 4168.10 3334.48
HKFEMCH.HKMini-Hang Seng China Enterprises Index MCH 6883.80 5507.04 9834 7867.20 HKD Yes 9834 7867.20
HKFEMCSUnited States dollar MCS 5440.87 N/A 5440.87 4352.70 CNH No 5440.87 4352.70
HKFEMHIMini Hang Seng Index MHI 14781.04 11824.84 21115.78 16892.62 HKD Yes 21115.78 16892.62
HKFEMID.HKMSCI Indonesia Index (USD) - HKFE MIA 2614.86 N/A 2614.86 2091.89 USD No 2614.86 2091.89
HKFEMNDMSCI India Index (USD) - HKFE MND 3418.10 N/A 3418.10 2734.48 USD No 3418.10 2734.48
HKFEMTWMSCI Taiwan (USD) Index - HKFE MTW 7123.81 N/A 7123.81 5699.05 USD No 7123.81 5699.05
HKFEVHSIHang Seng Volatility Index VHS 69531.25 N/A 69531.25 55625 HKD No 130727.58 104582.06
Intercontinental Exchange (ICEEU)

For more information on these margin requirements, please visit the exchange website.

Exchange ICEEU Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
ICEEUSGShort Gilt G 3640.91 N/A 3640.91 2912.73 GBP No 3640.91 2912.73
ICEEUHMedium Gilt H 6580.85 N/A 6580.85 5264.68 GBP No 6580.85 5264.68
ICEEUI3 Month EURIBOR Interest Rate I 898.4375 N/A 898.4375 718.75 EUR Yes 898.4375 718.75
ICEEUNDUEBRAFThe MSCI Brazil Net Total Return MCG 6961.14 N/A 6961.14 5568.91 USD No 6961.14 5568.91
ICEEUO5 Year Euro Swapnote O 5543.78 N/A 5543.78 4435.02 EUR No 5543.78 4435.02
ICEEUP10 Year Euro Swapnote P 10764.02 N/A 10764.02 8611.22 EUR No 10764.02 8611.22
ICEEURLong Gilt R 4600 N/A 4600 3680 GBP No 4600 3680
ICEEUSRFXON3Three Month SaronA SA3 771.625 N/A 771.625 617.30 CHF No 771.625 617.30
ICEEUSONIA.NThree Month SONIA SO3 919.063 N/A 919.063 735.25 GBP Yes 919.063 735.25
ICEEUSONIO.NOne Month SONIA SOA 1036.23 N/A 1036.23 828.985 GBP No 1036.23 828.985
ICEEUTWS2 Year Euro Swapnote TWS 2141.74 N/A 2141.74 1713.39 EUR No 2141.74 1713.39
ICEEUF1DVFTSE 100 Dividend Index XZ 875.623 N/A 875.623 607 GBP No 875.623 607
ICEEUYFTSE 250 Index Y2 5311.21 N/A 5311.21 4248.97 GBP No 5311.21 4248.97
ICEEUZFTSE 100 Index Z 4441.72 3553.375 6345.31 5076.25 GBP Yes 6345.31 5076.25
ICE Agricultural Products (ICEEUSOFT)

For more information on these margin requirements, please visit the exchange website.

Exchange ICEEUSOFT Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
ICEEUSOFTCCocoa C 16862.50 N/A 16862.50 13490 GBP No 16862.50 13490
ICEEUSOFTDRobusta Coffee RC 4901.07 N/A 4901.07 3920.86 USD No 4901.07 3920.86
ICEEUSOFTTWheat T 4007.93 N/A 4007.93 3206.34 GBP No 4007.93 3206.34
ICEEUSOFTWWhite Sugar W 2568.75 N/A 2568.75 2055 USD No 2568.75 2055
ICE Futures US (ICEUS)

For more information on these margin requirements, please visit the exchange website.

Exchange ICEUS Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
ICEUSAUDAustralian dollar KAU 9156.66 N/A 9156.66 7325.33 USD No 9156.66 7325.33
ICEUSEJNYBOT Euro in Japanese Yen KEJ 25545313.28 N/A 25545313.28 20436250.625 JPY No 25545313.28 20436250.625
ICEUSEOEuropean Monetary Union Euro KEO 9820.47 N/A 9820.47 7856.37 USD No 9820.47 7856.37
ICEUSECDEuropean Monetary Union Euro KEP 13351.18 N/A 13351.18 10680.94 CAD No 13351.18 10680.94
ICEUSGBEuropean Monetary Union Euro KGB 6696.09 N/A 6696.09 5356.875 GBP No 6696.09 5356.875
ICEUSEADEuropean Monetary Union Euro KRA 21196.63 N/A 21196.63 16957.31 AUD No 21196.63 16957.31
ICEUSRZNYBOT Euro in Swiss Franc KRZ 8344.60 N/A 8344.60 6675.68 CHF No 8344.60 6675.68
ICEUSZYSwiss franc KZY 4809110.89 N/A 4809110.89 3847288.71 JPY No 4809110.89 3847288.71
ICEUSMPBritish pound MP 8064.35 N/A 8064.35 6451.48 USD No 8064.35 6451.48
ICEUSSSBritish Pound in Swiss Franc SS 12954.68 N/A 12954.68 10363.74 CHF No 12954.68 10363.74
ICEUSSYBritish Pound in Japanese Yen SY 3796055.63 N/A 3796055.63 3036844.50 JPY No 3796055.63 3036844.50
Borsa Italiana (IDEM)

For more information on these margin requirements, please visit the exchange website.

Exchange IDEM Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
IDEMMIBDIVFTSE MIB Dividend Index FDIV 5028.93 N/A 5028.93 4023.15 EUR No 5028.93 4023.15
IDEMFTMIBFTSE MIB Index FIB 17983.38 14386.71 25690.55 20552.44 EUR Yes 25690.55 20552.44
IDEMFTMIBFTSE MIB Index MICR 719.335 575.468 1027.62 822.0975 EUR No 1027.62 822.0975
IDEMFTMIBFTSE MIB Index MIN 3596.68 2877.34 5138.11 4110.49 EUR No 5138.11 4110.49
IDEMSRGBSNAM & ITALGAS BASKET SRG7 996.404 N/A 996.404 797.123 EUR No 996.404 797.123
Intercontinental Exchange (IPE)

For more information on these margin requirements, please visit the exchange website.

Exchange IPE Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
IPEATWICE Rotterdam Coal ATW 48552.54 N/A 48552.54 38842.03 USD No 48552.54 38842.03
IPECOILICE Brent Crude COIL 17550 N/A 17550 13000 USD Yes 17550 13000
IPEGOILICE Gasoil GOIL 11566.15 N/A 11566.15 8567.52 USD No 11566.15 8567.52
IPEHOILICE Heating Oil HOIL 35154 N/A 35154 26040 USD No 35154 26040
IPENCFNewcastle Coal Futures NCF 62717.29 N/A 62717.29 50173.84 USD No 62717.29 50173.84
IPENGFICE UK Natural Gas NGF 8076 N/A 8076 6460.80 GBP No 22638 6460.80
IPERBOBICE NYH RBOB Gasoline RBOB 34020 N/A 34020 25200 USD No 34020 25200
IPEWTIWest Texas Intermediate Light Sweet Crude Oil WTI 17550 N/A 17550 13000 USD Yes 17550 13000
Korea Stock Exchange (KSE)

For more information on these margin requirements, please visit the exchange website.

Exchange KSE Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
KSEK200KOSPI200 Index 01 7973437.50 6378750 11390625 9112500 KRW Yes 11390625 9112500
KSEK200MMini KOSPI200 Index 05 1590487.52 1272389.98 2272125.02 1817699.97 KRW Yes 2272125.02 1817699.97
KSEKOSDQ150KOSDAQ 150 Index 06 1318852.94 1004850 1884075.625 1435500 KRW No 1884075.625 1435500
KSE005930SAMSUNG ELECTRONICS CO LTD 111 242713.60 N/A 242713.60 194170.88 KRW No 242606.79 194085.43
KSE017670SK TELECOM 112 158889.83 N/A 158889.83 127111.87 KRW No 158819.91 127055.93
KSE005490POSCO HOLDINGS INC 113 1262048.14 N/A 1262048.14 1009638.52 KRW No 1261492.81 1009194.22
KSE030200KTCORPORATION 114 107907.47 N/A 107907.47 86325.98 KRW No 107859.99 86287.99
KSE015760KOREA ELECTRIC POWER CORP 115 85500 N/A 85500 68400 KRW No 85500 68400
KSE005380HYUNDAI MOTOR CO 116 753788.38 N/A 753788.38 603030.70 KRW No 753456.70 602765.35
KSE016360SAMSUNG SECURITIES CO LTD 117 117290.72 N/A 117290.72 93832.58 KRW No 117239.11 93791.29
KSE055550SHINHAN FINANCIAL GROUP LTD 118 145284.11 N/A 145284.11 116227.29 KRW No 145220.18 116176.14
KSE000270KIA CORP 119 356251.03 N/A 356251.03 285000.82 KRW No 356094.26 284875.41
KSE012330HYUNDAI MOBIS CO LTD 120 706872.12 N/A 706872.12 565497.70 KRW No 706561.04 565248.83
KSE006400SAMSUNG SDI CO LTD 122 1369955.66 N/A 1369955.66 1095964.53 KRW No 1369352.85 1095482.27
KSE009150SAMSUNG ELECTRO-MECHANICS CO 123 472603.42 N/A 472603.42 378082.73 KRW No 472395.46 377916.37
KSE066570LG ELECTRONICS INC 124 289004.35 N/A 289004.35 231203.48 KRW No 288877.17 231101.74
KSE036460KOREA GAS CORPORATION 128 86013.20 N/A 86013.20 68810.56 KRW No 85975.35 68780.28
KSE004020HYUNDAI STEEL CO 132 98836.98 N/A 98836.98 79069.58 KRW No 98793.49 79034.79
KSE003550LG CORP 134 241149.73 N/A 241149.73 192919.79 KRW No 241043.60 192834.88
KSE078930GS HOLDINGS 135 134962.52 N/A 134962.52 107970.02 KRW No 134903.14 107922.51
KSE033780KT & G CORPORATION 136 288066.02 N/A 288066.02 230452.81 KRW No 287939.26 230351.41
KSE009540HD KOREA SHIPBUILDING & OFFS 139 401290.67 N/A 401290.67 321032.54 KRW No 401114.06 320891.25
KSE086790HANA FINANCIAL GROUP 140 181409.66 N/A 181409.66 145127.72 KRW No 181329.82 145063.86
KSE096770SK INNOVATION CO LTD 141 342801.68 N/A 342801.68 274241.35 KRW No 342650.84 274120.66
KSE001040CJ CORP 142 439185 N/A 439185 318530.33 KRW No 439185 318390.16
KSE034220LG DISPLAY CO LTD 145 85500 N/A 85500 68400 KRW No 85500 68400
KSE105560KB FINANCIAL GROUP INC 146 230515.38 N/A 230515.38 184412.30 KRW No 230413.92 184331.13
KSE051910LG CHEM LTD 147 1262048.14 N/A 1262048.14 1009638.52 KRW No 1261492.81 1009194.22
KSE006800MIRAE ASSET SECURITIES CO LT 148 85500 N/A 85500 68400 KRW No 85500 68400
KSE042670HD HYUNDAI INFRACORE CO LTD 149 85500 N/A 85500 68400 KRW No 85500 68400
KSE000660SK HYNIX INC 150 541726.76 N/A 541726.76 433381.41 KRW No 541488.38 433190.70
KSE006360GS ENGINEERING & CONSTRUCT 151 85500 N/A 85500 68400 KRW No 85500 68400
KSE139480E-MART INC 154 198925.07 N/A 198925.07 159140.06 KRW No 198837.52 159070.02
KSE161390HANKOOK TIRE & TECHNOLOGY CO 155 164832.57 N/A 164832.57 131866.05 KRW No 164760.03 131808.02
KSE035420NAVER CORP 156 608660.64 N/A 608660.64 486928.52 KRW No 608392.82 486714.26
KSE003490KOREAN AIR LINES CO LTD 157 85500 N/A 85500 68400 KRW No 85500 68400
KSE3KTB3-Year Korea Treasury Bond 165 1186946.21 N/A 1186946.21 949556.97 KRW No 1186946.21 949556.97
KSEFLKTB10-Year Korea Treasury Bond 167 3624000.77 N/A 3624000.77 2899200.61 KRW No 3624000.77 2899200.61
KSEKWYUnited States dollar 175 1701625.06 N/A 1701625.06 1361300.05 KRW No 3403250.12 2722600.10
KSE032640LG UPLUS CORP 1B0 85500 N/A 85500 68400 KRW No 85500 68400
KSE010950S-OILCORPORATION 1B2 219881.01 N/A 219881.01 175904.80 KRW No 219784.25 175827.40
KSE010130KOREA ZINC CO LTD 1B3 1448149.51 N/A 1448149.51 1158519.61 KRW No 1447512.21 1158009.77
KSE024110INDUSTRIALBANKOFKOREA 1B4 85500 N/A 85500 68400 KRW No 85500 68400
KSE001680DAESANG CORPORATION 1B6 85500 N/A 85500 68400 KRW No 85500 68400
KSE047050POSCO INTERNATIONAL CORP 1B7 144345.79 N/A 144345.79 115476.63 KRW No 144282.27 115425.81
KSE034020DOOSAN ENERBILITY CO LTD 1B9 85500 N/A 85500 68400 KRW No 85500 68400
KSE023530LOTTE SHOPPING CO 1BA 218004.37 N/A 218004.37 174403.50 KRW No 217908.43 174326.74
KSE011170LOTTE CHEMICAL CORP 1BB 339048.39 N/A 339048.39 271238.71 KRW No 338899.19 271119.36
KSE032830SAMSUNG LIFE INSURANCE CO LT 1BD 262105.66 N/A 262105.66 209684.53 KRW No 261990.33 209592.27
KSE010140SAMSUNGHEAVYINDUSTRIES 1BF 85500 N/A 85500 68400 KRW No 85500 68400
KSE029780SAMSUNG CARD CO 1BG 119636.54 N/A 119636.54 95709.23 KRW No 119583.89 95667.11
KSE012450HANWHA AEROSPACE CO LTD 1BH 824287.50 N/A 824287.50 549525 KRW No 824287.50 549525
KSE036570NCSOFTCORPORATION 1BJ 562057.13 N/A 562057.13 449645.70 KRW No 561809.81 449447.85
KSE000080HITE JINRO CO LTD 1BK 85500 N/A 85500 68400 KRW No 85500 68400
KSE071050KOREA INVESTMENT HOLDINGS CO 1BL 204555.02 N/A 204555.02 163644.01 KRW No 204465.00 163572.00
KSE047810KOREA AEROSPACE INDUSTRIES 1BM 166396.44 N/A 166396.44 133117.15 KRW No 166323.22 133058.57
KSE000720HYUNDAI ENGINEERING & CONST 1BN 110253.28 N/A 110253.28 88202.63 KRW No 110204.76 88163.81
KSE011210HYUNDAI WIA CORP 1BP 178907.45 N/A 178907.45 143125.96 KRW No 178828.72 143062.98
KSE008770HOTEL SHILLA CO LTD 1BQ 182347.97 N/A 182347.97 145878.38 KRW No 182267.74 145814.19
KSE035250KANGWON LAND, INC. 1BS 85500 N/A 85500 68400 KRW No 85500 68400
KSE138930BNK FINANCIAL GROUP INC 1BT 85500 N/A 85500 68400 KRW No 85500 68400
KSE139130DGB FINANCIAL GROUP INC 1BV 85500 N/A 85500 68400 KRW No 85500 68400
KSE114090GRAND KOREA LEISURE CO LTD 1BW 85500 N/A 85500 68400 KRW No 85500 68400
KSE001120LX INTERNATIONAL CORP 1BX 88984.56 N/A 88984.56 71187.65 KRW No 88945.40 71156.32
KSE011070LG INNOTEK CO LTD 1BY 733458.01 N/A 733458.01 586766.41 KRW No 733135.25 586508.16
KSE005940NH INVESTMENT & SECURITIES C 1BZ 85500 N/A 85500 68400 KRW No 85500 68400
KSE034730SK INC 1C1 502004.30 N/A 502004.30 401603.44 KRW No 501783.40 401426.72
KSE001740SK NETWORKS CO LTD 1C2 85500 N/A 85500 68400 KRW No 85500 68400
KSE011780KUMHO PETRO CHEMICAL CO LTD 1C3 433506.49 N/A 433506.49 346805.20 KRW No 433315.75 346652.58
KSE018260SAMSUNG SDS CO LTD 1C5 496687.11 N/A 496687.11 397349.69 KRW No 496468.55 397174.84
KSE090430AMOREPACIFIC CORP 1C6 527651.86 N/A 527651.86 422121.48 KRW No 527419.68 421935.74
KSE030000CHEIL WORLDWIDE INC 1C7 85500 N/A 85500 68400 KRW No 85500 68400
KSE028260SAMSUNG C&T CORP 1C8 456651.90 N/A 456651.90 365321.52 KRW No 456450.93 365160.74
KSE000880HANWHA CORPORATION 1C9 85500 N/A 85500 68400 KRW No 85500 68400
KSE088350HANWHA LIFE INSURANCE CO LTD 1CA 85500 N/A 85500 68400 KRW No 85500 68400
KSE086280HYUNDAI GLOVIS CO LTD 1CC 573317.04 N/A 573317.04 458653.63 KRW No 573064.78 458451.80
KSE010620HD HYUNDAI MIPO 1CD 224885.42 N/A 224885.42 179908.34 KRW No 224786.46 179829.16
KSE001450HYUNDAI MARINE & FIRE INS CO 1CE 95240.07 N/A 95240.07 76192.06 KRW No 95198.16 76158.53
KSE035720KAKAO CORP 1CF 153885.42 N/A 153885.42 123108.34 KRW No 153817.71 123054.17
KSE034230PARADISE CO LTD 1CG 85500 N/A 85500 68400 KRW No 85500 68400
KSE046890SEOUL SEMICONDUCTOR CO LTD 1CJ 85500 N/A 85500 68400 KRW No 85500 68400
KSE069080WEBZEN INC 1CK 85500 N/A 85500 68400 KRW No 85500 68400
KSE096530SEEGENE INC 1CL 85500 N/A 85500 68400 KRW No 85500 68400
KSE022100POSCO DX CO LTD 1CN 126361.21 N/A 126361.21 101088.96 KRW No 126305.60 101044.48
KSE068270CELLTRION INC 1CP 591145.26 N/A 591145.26 472916.21 KRW No 590885.11 472708.09
KSE122870YG ENTERTAINMENT INC 1CQ 137777.50 N/A 137777.50 110222.00 KRW No 137716.87 110173.50
KSE051900LG H&H 1CR 1351189.16 N/A 1351189.16 1080951.33 KRW No 1350594.57 1080475.625
KSE002790AMOREPACIFIC GROUP 1CS 103841.38 N/A 103841.38 83073.11 KRW No 103795.69 83036.55
KSE000810SAMSUNG FIRE & MARINE INS 1CT 941453.52 N/A 941453.52 753162.81 KRW No 941039.26 752831.41
KSE008930HANMI SCIENCE CO LTD 1CV 110211.75 N/A 110211.75 83948.88 KRW No 110211.75 83911.93
KSE021240COWAY CO LTD 1CW 179533.00 N/A 179533.00 143626.40 KRW No 179454.00 143563.19
KSE128940HANMI PHARM CO LTD 1CX 991497.56 N/A 991497.56 793198.05 KRW No 991061.27 792848.98
KSE018880HANON SYSTEMS 1CY 85500 N/A 85500 68400 KRW No 85500 68400
KSE005830DB INSURANCE CO LTD 1D0 291506.54 N/A 291506.54 233205.23 KRW No 291378.27 233102.62
KSE097950CJ CHEILJEDANG CORP. 1D1 1063435.94 N/A 1063435.94 850748.75 KRW No 1062967.93 850374.30
KSE009240HANSSEM CO LTD 1D2 171088.07 N/A 171088.07 136870.46 KRW No 171012.78 136810.22
KSE002380KCC CORP 1D3 877334.57 N/A 877334.57 701867.66 KRW No 876948.55 701558.83
KSE007070GS RETAIL CO LTD 1D4 85500 N/A 85500 68400 KRW No 85500 68400
KSE012750S1 CORPORATION 1D5 188290.71 N/A 188290.71 150632.57 KRW No 188207.85 150566.28
KSE000100YUHAN CORPORATION 1D6 224885.42 N/A 224885.42 179908.34 KRW No 224786.46 179829.16
KSE051600KEPCO PLANT SERVICE & ENGINE 1D7 109002.19 N/A 109002.19 87201.75 KRW No 108954.21 87163.37
KSE069960HYUNDAI DEPT STORE CO 1D8 162017.59 N/A 162017.59 129614.07 KRW No 161946.29 129557.03
KSE004370NONGSHIM CO LTD 1DA 1252664.94 N/A 1252664.94 1002131.95 KRW No 1252113.69 1001690.94
KSE079550LIG NEX1 CO LTD 1DB 535158.50 N/A 535158.50 428126.80 KRW No 534922.97 427938.36
KSE204320HL MANDO CO LTD 1DC 122138.75 N/A 122138.75 97711.00 KRW No 122084.99 97667.99
KSE004170SHINSEGAE INC 1DD 518268.60 N/A 518268.60 414614.88 KRW No 518040.53 414432.42
KSE161890KOLMAR KOREA CO LTD 1DE 156700.40 N/A 156700.40 125360.32 KRW No 156631.45 125305.16
KSE111770YOUNGONE CORP 1DG 121825.96 N/A 121825.96 97460.77 KRW No 121772.35 97417.88
KSE006650KOREA PETRO CHEMICAL IND 1DJ 445704.74 N/A 445704.74 356563.79 KRW No 445508.62 356406.875
KSE192820COSMAX INC 1DK 433193.75 N/A 433193.75 346555 KRW No 433003.125 346402.50
KSE039130HANA TOUR SERVICE INC 1DN 192982.34 N/A 192982.34 154385.87 KRW No 192897.42 154317.93
KSE086900MEDY-TOX INC 1DP 431317.09 N/A 431317.09 345053.67 KRW No 431127.29 344901.84
KSE078340COM2US CORP 1DR 126986.76 N/A 126986.76 101589.40 KRW No 126930.88 101544.70
KSE035760CJ ENM CO LTD 1DT 246154.13 N/A 246154.13 196923.30 KRW No 246045.82 196836.64
KSE056190SFA ENGINEERING CORP 1DV 85500 N/A 85500 68400 KRW No 85500 68400
KSE241560DOOSAN BOBCAT INC 1DW 161079.26 N/A 161079.26 128863.41 KRW No 161008.37 128806.70
KSE017800HYUNDAI ELEVATOR CO 1DY 125892.04 N/A 125892.04 100713.63 KRW No 125836.65 100669.32
KSE105630HANSAE CO LTD 1DZ 85500 N/A 85500 68400 KRW No 85500 68400
KSE240810WONIK IPS CO LTD 1E0 114788.53 N/A 114788.53 91830.82 KRW No 114738.01 91790.41
KSE091700PARTRON CO LTD 1E3 85500 N/A 85500 68400 KRW No 85500 68400
KSE041510SM ENTERTAINMENT CO LTD 1E4 268986.72 N/A 268986.72 215189.375 KRW No 268868.36 215094.69
KSE251270NETMARBLE CORP 1E5 177030.80 N/A 177030.80 141624.64 KRW No 176952.90 141562.31
KSE003670POSCO FUTURE M CO LTD 1E8 877334.57 N/A 877334.57 701867.66 KRW No 876948.55 701558.83
KSE178920PI ADVANCED MATERIALS CO LTD 1EA 85500 N/A 85500 68400 KRW No 85500 68400
KSE316140WOORI FINANCIAL GROUP INC 1EB 85500 N/A 85500 68400 KRW No 85500 68400
KSE020150LOTTE ENERGY MATERIALS CORP 1ED 140123.32 N/A 140123.32 112098.65 KRW No 140061.66 112049.33
KSE009420HANALL BIOPHARMA CO LTD 1EE 110253.28 N/A 110253.28 88202.63 KRW No 110204.76 88163.81
KSE035900JYP ENTERTAINMENT CORP 1EF 220506.57 N/A 220506.57 176405.25 KRW No 220409.53 176327.62
KSE003410SSANGYONG C&E CO LTD 1EG 85500 N/A 85500 68400 KRW No 85500 68400
KSE028670PAN OCEAN CO LTD 1EH 85500 N/A 85500 68400 KRW No 85500 68400
KSE011790SKC CO LTD 1EJ 444210 N/A 444210 296140 KRW No 444210 296140
KSE000990DB HITEK CO LTD 1EK 134493.36 N/A 134493.36 107594.69 KRW No 134434.18 107547.34
KSE093370FOOSUNG CO LTD 1EL 85500 N/A 85500 68400 KRW No 85500 68400
KSE375500DL E&C CO LTD 1ER 109940.50 N/A 109940.50 87952.40 KRW No 109892.13 87913.70
KSE207940SAMSUNG BIOLOGICS CO LTD 1ES 2411497.27 N/A 2411497.27 1929197.81 KRW No 2410436.13 1928348.91
KSE028050SAMSUNG E&A CO LTD 1ET 85500 N/A 85500 68400 KRW No 85500 68400
KSE272210HANWHA SYSTEMS CO LTD 1EV 85500 N/A 85500 68400 KRW No 85500 68400
KSE293490KAKAO GAMES CORP 1EX 85500 N/A 85500 68400 KRW No 85500 68400
KSE247540ECOPRO BM CO LTD 1EY 708435.99 N/A 708435.99 566748.79 KRW No 708124.22 566499.375
KSE253450STUDIO DRAGON CORP 1EZ 134336.98 N/A 134336.98 107469.58 KRW No 134277.86 107422.29
KSE278280CHUNBO CO LTD 1F0 236770.87 N/A 236770.87 189416.70 KRW No 236666.68 189333.34
KSE200130KOLMAR BNH CO LTD 1F1 85500 N/A 85500 68400 KRW No 85500 68400
KSE036540SFA SEMICON CO LTD 1F2 85500 N/A 85500 68400 KRW No 85500 68400
KSE060250NHN KCP CORP 1F3 85500 N/A 85500 68400 KRW No 85500 68400
KSE000250SAM CHUN DANG PHARM CO LTD 1F4 668118 N/A 668118 445412 KRW No 668118 445412
KSE373220LG ENERGY SOLUTION 1F5 1222951.27 N/A 1222951.27 978361.02 KRW No 1222413.09 977930.47
KSE323410KAKAOBANK CORP 1F6 85500 N/A 85500 68400 KRW No 85500 68400
KSE377300KAKAO PAY CORP 1F7 111973.55 N/A 111973.55 89578.84 KRW No 111924.27 89539.41
KSE259960KRAFTON INC 1F8 785065.92 N/A 785065.92 628052.73 KRW No 784720.45 627776.33
KSE302440SK BIOSCIENCE CO LTD 1F9 183911.85 N/A 183911.85 147129.48 KRW No 183830.92 147064.74
KSE011200HMM CO LTD 1FA 85500 N/A 85500 68400 KRW No 85500 68400
KSE361610SK IE TECHNOLOGY CO LTD 1FB 185788.50 N/A 185788.50 148630.80 KRW No 185706.75 148565.40
KSE352820HYBE CO LTD 1FC 636497.66 N/A 636497.66 509198.125 KRW No 636217.58 508974.06
KSE329180HD HYUNDAI HEAVY INDUSTRIES 1FD 417867.77 N/A 417867.77 334294.22 KRW No 417683.89 334147.11
KSE402340SK SQUARE CO LTD 1FE 233955.91 N/A 233955.91 187164.73 KRW No 233852.94 187082.34
KSE326030SK BIOPHARMACEUTICALS CO LTD 1FF 270863.38 N/A 270863.38 216690.70 KRW No 270744.19 216595.35
KSE383220F&F CO LTD / NEW 1FG 227700.39 N/A 227700.39 182160.31 KRW No 227600.20 182080.16
KSE267250HD HYUNDAI 1FH 200801.72 N/A 200801.72 160641.38 KRW No 200713.36 160570.68
KSE271560ORION CORP/REPUBLIC OF KOREA 1FJ 290881.01 N/A 290881.01 232704.80 KRW No 290752.99 232602.38
KSE138040MERITZ FINANCIAL GROUP INC 1FK 247405.22 N/A 247405.22 197924.18 KRW No 247296.36 197837.09
KSE263750PEARL ABYSS CORP 1FL 102433.90 N/A 102433.90 81947.12 KRW No 102388.82 81911.05
KSE066970L&F CO LTD 1FM 492933.84 N/A 492933.84 394347.07 KRW No 492716.89 394173.52
KSE112040WEMADE CO LTD 1FN 247680 N/A 247680 165120 KRW No 247680 165120
KSE196170ALTEOGEN INC 1FP 991434 N/A 991434 660956 KRW No 991434 660956
KSE058470LEENO INDUSTRIAL INC 1FQ 855440.33 N/A 855440.33 684352.27 KRW No 855063.89 684051.09
London Metals Exchange (LMEOTC)

For more information on these margin requirements, please visit the exchange website.

Exchange LMEOTC Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
LMEOTCAHHigh-Grade Primary Aluminium AH 6133.63 N/A 6133.63 4906.91 USD No 6133.63 4906.91
LMEOTCCAGrade A Copper - LME CA 23879.01 N/A 23879.01 19103.21 USD No 23879.01 19103.21
LMEOTCPBLead - LME PB 5947.64 N/A 5947.64 4758.11 USD No 5947.64 4758.11
LMEOTCSNLMETin future SN 40394.50 N/A 40394.50 32315.60 USD No 40394.50 32315.60
LMEOTCZSLMESpecial High Grade Zinc ZS 8311.45 N/A 8311.45 6649.16 USD No 8311.45 6649.16
Euronext France (MATIF)

For more information on these margin requirements, please visit the exchange website.

Exchange MATIF Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
MATIFEBMMilling Wheat Futures EBM 1760.625 N/A 1760.625 1408.50 EUR Yes 1760.625 1408.50
MATIFECOEuropean Rapeseed Future ECO 3475 N/A 3475 2780 EUR Yes 3475 2780
MATIFEMACorn EMA 1906.25 N/A 1906.25 1525 EUR No 1906.25 1525
Mercado Espanol de Futuros Finacial Futures & Options Exchange (MEFFRV)

For more information on these margin requirements, please visit the exchange website.

Exchange MEFFRV Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
MEFFRVIBEX35IBEX 35 Index IBX 8312.50 6650 11875 9500 EUR No 11875 9500
MEFFRVIBEXIBEX 35 Index Mini MIX 831.25 665 1187.50 950 EUR Yes 1187.50 950
Mexican Derivatives Exchange (MEXDER)

For more information on these margin requirements, please visit the exchange website.

Exchange MEXDER Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
MEXDERDEUAUnited States dollar DA 9563.62 N/A 9563.62 7650.90 MXN No 15746.81 12597.45
MEXDEREUROEuropean Monetary Union Euro EU 23251.99 N/A 23251.99 18601.59 MXN No 23251.99 18601.59
MEXDERIPCMexico Bolsa (IPC) Index IPC 61301.21 N/A 61301.21 49040.97 MXN Yes 2 61229.68 48983.74
MEXDERIPCMexico Bolsa (IPC) Index MIP 12260.24 N/A 12260.24 9808.19 MXN No 12245.94 9796.75
Euronext France (MONEP)

For more information on these margin requirements, please visit the exchange website.

Exchange MONEP Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
MONEPEPEUFTSE EPRA/NAREIT Euro Zone EPE 4981.99 N/A 4981.99 3985.60 EUR No 4981.99 3985.60
MONEPEPRAFTSE EPRA/NAREIT Europe EPR 4725.19 N/A 4725.19 3780.15 EUR No 4725.19 3780.15
MONEPCAC40CAC 40 FCE 4812.52 3850.02 6875.03 5500.02 EUR Yes 6875.03 5500.02
MONEPFEFFTSEurofirst 80 NEW FEF 16723.84 N/A 16723.84 13379.07 EUR No 16723.84 13379.07
MONEPFEOFTSEurofirst 100 NEW FEO 11488.26 N/A 11488.26 9190.61 EUR No 11488.26 9190.61
MONEPCAC40CAC 40 MFC 481.252 385.002 687.503 550.002 EUR No 687.503 550.002
National Stock Exchange of India (NSE)

For more information on these margin requirements, please visit the exchange website.

Exchange NSE Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
NSEBANKNIFTYNifty Bank BANKNIFTY 132138 N/A 132138 105710.4 INR Yes 8760.14 7008.11
NSEEURINREuro in Indian Rupee EURINR 11195.63 N/A 11195.63 8956.50 INR No 11195.63 8956.50
NSENSEFINNSE Nifty Financial Services Index Futures FINNIFTY 156997.6 N/A 156997.6 125598 INR Yes 3903.09 3122.47
NSEGBPINRBritish Pounds in Indian Rupee GBPINR 13074.75 N/A 13074.75 10459.80 INR No 13074.75 10459.80
NSEJPYINRJapanese Yen in Indian Rupee JPYINR 6804.06 N/A 6804.06 5443.25 INR No 6804.06 5443.25
NSEMIDCAPSELNifty Midcap Select MIDCPNIFTY 128556 N/A 128556 102844.5 INR Yes 1702.99 1362.39
NSENIFTY50Nifty 50 NIFTY 87093 N/A 87093 69674.5 INR Yes 3461.18 2768.95
NSEUSDINRUS Dollars in Indian Rupee USDINR 10439.69 N/A 10439.69 8351.75 INR Yes 10439.69 8351.75
ICE Futures U.S. (NYBOT)

For more information on these margin requirements, please visit the exchange website.

Exchange NYBOT Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
NYBOTLRC30APRICE U.S. Conforming 30-yr Fixed Mortgage Rate Lock Weighted APR 30C 4292.37 N/A 4292.37 3433.89 USD No 4292.37 3433.89
NYBOTCCCocoa NYBOT CC 18546.24 N/A 18546.24 14836.99 USD Yes 18546.24 14836.99
NYBOTCTCotton No. 2 CT 4812.48 N/A 4812.48 3849.98 USD Yes 4812.48 3849.98
NYBOTDXNYBOT US Dollar FX DX 2986.77 N/A 2986.77 2389.41 USD Yes 2986.77 2389.41
NYBOTNYFANGNYSE FANG+ Index FNG 7293.58 N/A 7293.58 5834.87 USD No 7293.58 5834.87
NYBOTKCCoffee "C" KC 11322.05 N/A 11322.05 9057.64 USD Yes 11322.05 9057.64
NYBOTOJFC Orange Juice "A" OJ 14807.89 N/A 14807.89 11846.31 USD Yes 14807.89 11846.31
NYBOTRSCanola RS 1325.79 N/A 1325.79 1060.63 CAD No 1325.79 1060.63
NYBOTSBSugar No. 11 SB 2520 N/A 2520 2016 USD Yes 2520 2016
NYBOTSFSugar #16 112000 lbs SF 1904 N/A 1904 1523.20 USD No 1904 1523.20
New York Mercantile Exchange (NYMEX)

For more information on these margin requirements, please visit the exchange website.

Exchange NYMEX Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
NYMEXBBNYMEX Brent Financial Futures Index BB 17550 N/A 17550 13000 USD No 17550 13000
NYMEXBZBrent Crude Oil - Last Day BZ 17550 N/A 17550 13000 USD Yes 17550 13000
NYMEXCLLight Sweet Crude Oil CL 17550 N/A 17550 13000 USD Yes 17550 13000
NYMEXHHNatural Gas Last Day Financial Futures Index HH 5025.88 N/A 5025.88 4020.71 USD No 5025.88 4020.71
NYMEXHOHeating Oil HO 35154 N/A 35154 26040 USD Yes 35154 26040
NYMEXHPNatural Gas Penultimate Financial Futures Index HP 5025.88 N/A 5025.88 4020.71 USD No 5025.88 4020.71
NYMEXMCLMicro WTI Crude Oil MCL 1755 N/A 1755 1300 USD Yes 1755 1300
NYMEXMHOMicro NY Harbor ULSD MHO 3515.40 N/A 3515.40 2604 USD No 3515.40 2604
NYMEXMHNGMicro Henry Hub Natural Gas MNG 502.588 N/A 502.588 402.071 USD No 502.588 402.071
NYMEXMRBMicro RBOB Gasoline MRB 3402 N/A 3402 2520 USD No 3402 2520
NYMEXNGHenry Hub Natural Gas NG 5025.88 N/A 5025.88 4020.71 USD Yes 5025.88 4020.71
NYMEXPAPalladium Index PA 93910.00 N/A 93910.00 19853.75 USD No 93910.00 19853.75
NYMEXPLPlatinum Index PL 5605.06 N/A 5605.06 4484.05 USD No 5605.06 4484.05
NYMEXQGNYMEX MINY Natural Gas Index QG 1256.47 N/A 1256.47 1005.18 USD No 1256.47 1005.18
NYMEXQMNYMEX MINY Light Sweet Crude Oil QM 8775 N/A 8775 6500 USD No 8775 6500
NYMEXRBNYMEX RBOB Gasoline Index RB 34020 N/A 34020 25200 USD Yes 34020 25200
NYMEXTTNYMEX Cotton index TT 14261.39 N/A 14261.39 11409.11 USD No 14261.39 11409.11
New York Stock Exchange/Liffe (NYSE LIFFE)

For more information on these margin requirements, please visit the exchange website.

Exchange NYSELIFFE Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
NYSELIFFEM1MSAMSCI Emerging Markets Asia Net Total Return (NTR) ASN 5630.39 N/A 5630.39 4504.31 USD No 5630.39 4504.31
NYSELIFFEM1EUMSCI Europe NTR EU9 8882.50 N/A 8882.50 7106.00 USD No 8882.50 7106.00
NYSELIFFEM1JPThe MSCI Japan NTR JPP 12847.07 N/A 12847.07 10277.66 USD No 12847.07 10277.66
NYSELIFFEMXEAMSCI EAFE Index MFS 6137.20 4909.76 8767.43 7013.94 USD No 8767.43 7013.94
NYSELIFFEMXEFMSCI EMERGING MARKETS INDEX MME 3106.14 2484.91 4437.34 3549.87 USD No 4437.34 3549.87
NYSELIFFEMXUSMSCI USA Index MUN 62015.61 N/A 62015.61 49612.49 USD No 62015.61 49612.49
Nasdaq OMX - Stockholm (OMS)

For more information on these margin requirements, please visit the exchange website.

Exchange OMS Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
OMSOMXESGOMXS30 ESG Responsible Index OMXESG 25853.75 N/A 25853.75 20683 SEK No 25853.75 20683
OMSOMXS30OMX Index (Sweden) OMXS30 18781 15024.80 26830 21464 SEK Yes 26830 21464
OMSLUPEBLUPE: LUNDIN PETROLEUM AB: ADJ ORRON.FWD 979.536 N/A 979.536 783.629 SEK No 5608.99 783.629
Osaka Securities Exchange (OSE.JPN)

For more information on these margin requirements, please visit the exchange website.

Exchange OSE.JPN Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
OSE.JPNN225Nikkei 225 225 2698355.59 2158684.47 3854793.70 3083834.96 JPY Yes 3854793.70 3083834.96
OSE.JPNN225MNikkei 225 Mini 225M 269835.56 215868.45 385479.37 308383.50 JPY Yes 385479.37 308383.50
OSE.JPNN225MCNikkei 225 Micro 225MC 26983.56 21586.84 38547.94 30838.35 JPY No 38547.94 30838.35
OSE.JPNJPNK400JPX-Nikkei Index 400 400 169806.25 N/A 169806.25 135845 JPY No 169806.25 135845
OSE.JPNTPXC30Topix Core30 C30 125068.69 N/A 125068.69 100054.95 JPY No 125068.69 100054.95
OSE.JPNDJIAOSE Dow Jones Industrial Average DJIA 465314.36 N/A 465314.36 372251.49 JPY No 465314.36 372251.49
OSE.JPNJGBStandardized 6% 10-Year Japanese Government Bond JBL 2359216.67 N/A 2359216.67 1887373.34 JPY Yes 2359216.67 1887373.34
OSE.JPNMJMini 10 Year JGB JBLM 235921.67 N/A 235921.67 188737.33 JPY No 235921.67 188737.33
OSE.JPNTSEMOTHRTSE Growth Market 250 Index MOTH 78291.14 N/A 78291.14 62632.91 JPY No 78291.14 62632.91
OSE.JPNNKVINikkei 225 Volatility Index NVI 129375 N/A 129375 103500 JPY No 253050 202440
OSE.JPNTSEREITTSE REIT Index REIT 225622.11 N/A 225622.11 180497.68 JPY No 225622.11 180497.68
OSE.JPNTOPXTOPIX Index TPX 1605549.12 1284439.30 2293641.61 1834913.28 JPY No 2293641.61 1834913.28
OSE.JPNMNTPXJapan Mini Topix TPXM 160554.91 128443.93 229364.16 183491.33 JPY No 229364.16 183491.33
ICE Futures – Europe (QBALGOIEU)

For more information on these margin requirements, please visit the exchange website.

Exchange QBALGOIEU Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
QBALGOIEUCOIL- COIL 17550 N/A 17550 13000 USD No 17550 13000
QBALGOIEUGOIL- GOIL 11566.15 N/A 11566.15 8567.52 USD No 11566.15 8567.52
QBALGOIEUWTI- WTI 17550 N/A 17550 13000 USD No 17550 13000
ICE Futures – US (QBALGOIUS)

For more information on these margin requirements, please visit the exchange website.

Exchange QBALGOIUS Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
QBALGOIUSCC- CC 18546.24 N/A 18546.24 14836.99 USD No 18546.24 14836.99
QBALGOIUSCT- CT 4812.48 N/A 4812.48 3849.98 USD No 4812.48 3849.98
QBALGOIUSDX- DX 2986.77 N/A 2986.77 2389.41 USD No 2986.77 2389.41
QBALGOIUSKC- KC 11322.05 N/A 11322.05 9057.64 USD No 11322.05 9057.64
QBALGOIUSOJ- OJ 14807.89 N/A 14807.89 11846.31 USD No 14807.89 11846.31
QBALGOIUSSB- SB 2520 N/A 2520 2016 USD No 2520 2016
Singapore Exchange (SGX)

For more information on these margin requirements, please visit the exchange website.

Exchange SGX Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
SGXAJSGX Australian Dollar in Japanese Yen Futures AJ 366047.63 N/A 366047.63 292838.10 JPY No 366047.63 292838.10
SGXAUSGX Australian Dollar in US Dollar Futures AU 2267.61 N/A 2267.61 1814.09 USD No 2267.61 1814.09
SGXXINA50FTSE/Xinhua China A50 CN 1340.115 1072.09 1914.45 1531.56 USD No 1914.45 1531.56
SGXCYSGX onshore Chinese Renminbi (CNY) in US Dollar Futures CY 4324.375 N/A 4324.375 3459.50 USD No 4324.375 3459.50
SGXXIN0IFTSE China H50 FCH 4511.46 N/A 4511.46 3609.17 USD No 4511.46 3609.17
SGXSCISGX TSI Iron Ore Futures FEF 1666.31 N/A 1666.31 1333.04 USD No 1666.31 1333.04
SGXWIIDNFTSE Indonesia Index FID 1786.81 N/A 1786.81 1429.45 USD No 1786.81 1429.45
SGXFIVNM30FTSE Vietnam 30 Price Return Index FVN 1085.52 N/A 1085.52 868.42 USD No 1085.52 868.42
SGXINRUnited States dollar INR 10435.31 N/A 10435.31 8348.25 USD No 10435.31 8348.25
SGXINXSGX USD/INR (USD) Month-end INX 10440.63 N/A 10440.63 8352.50 USD No 10440.63 8352.50
SGXIUSGX Indian Rupee in US Dollar Futures IU 2993.75 N/A 2993.75 2395 USD No 2993.75 2395
SGXSGBSGX Mini JGB Index JB 250000 N/A 250000 200000 JPY No 250000 200000
SGXKJSGX Korean Won in Japanese Yen Futures KJ 404805.00 N/A 404805.00 323844.00 JPY No 404805.00 323844.00
SGXKRWKorean Won KRW 5015.49 N/A 5015.49 4012.39 USD No 5015.49 4012.39
SGXKUSGX Korean Won in US Dollar Futures (Mini) KU 1003.10 N/A 1003.10 802.478 USD No 1003.10 802.478
SGXMUCSGX USD/CNH Futures (Mini) MUC 6729.84 N/A 6729.84 5383.875 CNH No 6729.84 5383.875
SGXNKYDIVNikkei Stock Average Dividend Point Index ND 2079750.06 N/A 2079750.06 1393800.05 JPY No 2079750.06 1393800.05
SGXSGXNKSGX: Nikkei 225 NK 1043647.27 834917.81 1490924.67 1192739.73 JPY Yes 1490924.67 1192739.73
SGXSGXNKMSGX: NIKKEI 225 Mini NS 208729.45 166983.56 298184.93 238547.95 JPY No 298184.93 238547.95
SGXN225USGX: USD Nikkei 225 Index NU 50484.60 N/A 50484.60 40387.68 USD No 50484.60 40387.68
SGXSSGMSCI Singapore Free Index SGP 1428.10 1142.48 2040.14 1632.11 SGD Yes 2 2040.14 1632.11
SGXSNDSGX US Dollar in Singapore Dollar Futures (Full-Sized) SND 6141.01 N/A 6141.01 4912.80 SGD No 6141.01 4912.80
SGXSTISGX Straits Times Index ST 4755.30 N/A 4755.30 3804.24 SGD No 4755.30 3804.24
SGXTDSGX Taiwan Dollar in US Dollar Futures (Mini) TD 2704.71 N/A 2704.71 2163.77 USD No 2704.71 2163.77
SGXTSR20SICOM Rubber TF 625.005 N/A 625.005 500.004 USD No 625.005 500.004
SGXSGXTUSGX Thai baht in US Dollar Futures TU 1240.95 N/A 1240.95 992.759 USD No 1240.95 992.759
SGXTWDSGX Taiwan Dollar in US Dollar Futures (Full-Sized) TWD 8114.14 N/A 8114.14 6491.31 USD No 8114.14 6491.31
SGXTWNFTSE Taiwan RIC Capped Price Return TWD Index TWN 2778.38 2222.71 3969.12 3175.30 USD No 3969.12 3175.30
SGXUCSGX US Dollar in offshore Chinese Renminbi (CNH) UC 26919.375 N/A 26919.375 21535.50 CNH Yes 26919.375 21535.50
SGXUJSGX US Dollar in Japanese Yen Futures (Titan) UJ 11222377.78 N/A 11222377.78 8977902.22 JPY No 11222377.78 8977902.22
SGXUSSGX US Dollar in Singapore Dollar (Mini) Futures US 1535.25 N/A 1535.25 1228.20 SGD No 1535.25 1228.20
SGXUYSGX US Dollar in Japanese Yen Futures (Standard) UY 2244475.56 N/A 2244475.56 1795580.44 JPY No 2244475.56 1795580.44
SGXC52COMFORTDELGRO CORP LTD YCDD 1355.61 N/A 1355.61 1084.48 SGD No 1355.61 1084.49
SGXD05DBS GROUP HOLDINGS LTD YDBS 3684.50 N/A 3684.50 2947.60 SGD No 3684.50 2947.60
SGXG13GENTING SINGAPORE LTD YGEN 836.446 N/A 836.446 669.155 SGD No 836.451 669.16
SGXBN4KEPPEL LTD YKEP 3840.14 N/A 3840.14 3072.11 SGD No 3840.14 3072.11
SGXO39OVERSEA-CHINESE BANKING CORP YOCB 5210.44 N/A 5210.44 4168.35 SGD No 5210.44 4168.35
SGXZ74SINGAPORE TELECOMMUNICATIONS YSTT 2236.79 N/A 2236.79 1789.43 SGD No 2236.80 1789.44
SGXY92THAI BEVERAGE PCL YTBE 921.038 N/A 921.038 736.83 SGD No 921.038 736.83
SGXU11UNITED OVERSEAS BANK LTD YUOB 5761.15 N/A 5761.15 4608.92 SGD No 5761.15 4608.92
SGXF34WILMAR INTERNATIONAL LTD YWIL 3035.64 N/A 3035.64 2428.52 SGD No 3035.65 2428.52
SGXBS6YANGZIJIANG SHIPBUILDING YYZJ 15200.23 N/A 15200.23 3428.49 SGD No 4285.62 3428.50
SGXIBULHSGFIINDIABULLS HOUSING FINANCE L ZIHF 375 N/A 375 300 USD No 375 300
SGXYESBANKYES BANK LTD ZYES 187.50 N/A 187.50 150 USD No 187.50 150
The Small Exchange (SMFE)

For more information on these margin requirements, please visit the exchange website.

Exchange SMFE Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
SMFE10YSMESmall 10YR US Treasury Yield S10Y 713.852 N/A 713.852 571.082 USD No 713.852 571.082
SMFE2YSMESmall 2YR US Treasury Yield S2Y 786.274 N/A 786.274 629.019 USD No 786.274 629.019
SMFE30YSMESmall 30YR US Treasury Yield S30Y 540.351 N/A 540.351 432.281 USD No 540.351 432.281
ASX24 (SNFE)4

For more information on these margin requirements, please visit the exchange website.

Exchange SNFE Underlying Product description Trading Class Intraday Initial 1 Intraday Maintenance 1 Overnight Initial Overnight Maintenance Currency Has Options Short Overnight Initial Short Overnight Maintenance
SNFESPIS&P/ASX 200 Index (Australia) AP 13354.26 10683.41 19077.51 15262.01 AUD Yes 19077.51 15262.01
SNFEIB30 Day Interbank Cash Rate IB 785.072 N/A 785.072 628.058 AUD No 785.072 628.058
SNFEIR90 Day Bills IR 2483.60 N/A 2483.60 1986.88 AUD No 2483.60 1986.88
SNFEXT10 Year Treasury Bond 6% XT 3597.50 N/A 3597.50 2878 AUD No 3597.50 2878
SNFEYT3 Year Treasury Bond 6% YT 1316.29 N/A 1316.29 1053.04 AUD No 1316.29 1053.04

Futures - Intraday Margin Requirements


Intraday Futures Margin and Futures Options Hours

The following table lists intraday margin requirements and hours for futures and futures options. Each day at 'Intraday End Time' the futures contract will revert back to the full overnight margin requirement until the 'Intraday Start Time' the next day. Margin requirements will always be applied at 100% for spread transactions. If an account holds futures, futures options for US products, or future and index options for European products on the same underlying, intraday margin does not apply.


Exchange Symbol Description Intraday Start Time4 Intraday End Time4
CBOT ZB 30-year T-BONDS 7:20 15:00
CBOT ZN 10-YR TREAS. 7:20 15:00
CBOT ZF 5-YR TREAS. 7:20 15:00
CBOT ZT 2-YR TREAS. 7:20 15:00
CBOT Z3N 3-YR TREAS. 8:30 15:00
CBOT ZQ 30 Day Federal Funds 7:20 15:00
CBOT TN 10-YR T-NOTES 7:20 15:00
CBOT UB Ultra T-BONDS 7:20 15:00
CBOT YM MINI DJIA 8:30 15:00
CBOT MYM Micro E-mini DJIA 8:30 15:00
GLOBEX MNQ Micro E-mini NASDAQ-100 8:30 15:00
GLOBEX MES Micro E-mini S&P 500 8:30 15:00
GLOBEX M2K Micro E-mini Russell 2000 8:30 15:00
GLOBEX GE EURODOLLARS 7:20 15:00
GLOBEX ES MINI-S&P 500 8:30 15:00
GLOBEX NKD NIKKEI 225 8:00 15:00
GLOBEX NQ NASDAQ E-MINI 8:30 15:00
GLOBEX SP S&P 500 8:30 15:00
NYMEX CL Crude oil 9:00 15:45
NYMEX GC Gold 8:20 15:45
NYMEX HG Copper 8:10 15:45
NYMEX HH Nautral Gas Last Day Financial Future 9:00 15:45
NYMEX HO Heating Oil 9:00 15:45
NYMEX MGC E-Micro Gold 8:30 15:45
NYMEX NG Natural gas 9:00 15:45
NYMEX QC Copper 8:10 15:45
NYMEX QG Natural gas E-Mini 9:00 15:45
NYMEX QH Heating Oil E-Mini 9:00 15:45
NYMEX QI Silver Mini 8:25 15:45
NYMEX QM Crude oil E-Mini 9:00 15:45
NYMEX QO Gold 8:20 15:45
NYMEX QU Unleaded Gasoline E-Mini 9:00 15:45
NYMEX RB RBOB Gasoline 9:00 15:45
NYMEX SI Silver 8:25 15:45
NYMEX SIL Silver 8:25 15:45
NYBOT TF RUSSELL 2000 9:30 16:00
Exchange Symbol Description Intraday Start Time4 Intraday End Time4
CDE BAX Bankers Acceptance 6:00 15:45
CDE CGB 10-year Canadian Government Bond 6:00 15:45
CDE CGF 5-year Canadian Government Bond 6:00 15:45
CDE SCF S&P/TSX Composite 9:30 15:45
CDE SXF S&P 60 9:30 15:45
CDE SXM Mini S&P 60 9:30 15:45
Exchange Symbol Description Intraday Start Time4 Intraday End Time4
IDEM FTMIB S&P MIB30 Index 9:00 17:35
IDEM MINI Mini S&P MIB30 Index 9:00 17:35
DTB FDAX DAX Index 7:50 21:45
DTB FDXM DAX Index Mini 7:50 21:45
DTB FESX DJ EURO STOXX 7:50 21:45
DTB FGBL Euro BUND 7:50 21:45
DTB FGBM Euro BOBL 7:50 21:45
DTB FGBS Euro SCHATZ 7:50 21:45
DTB FGBX Euro BUXL 7:50 18:45
DTB FOAT Euro-OAT French Government Bond Index 7:50 18:45
SOFFEX FSMI Swiss Market Index 8:00 17:15
ICEEU I EURIBOR THREE MONTH EURO 7:00 16:15
ICEEU L THREE MONTH SHORT STERLING 7:30 16:15
ICEEU R Long Gilt 8:00 16:15
ICEEU Z FTSE 100 (NEW STYLE) 7:00 20:45
IPE WTI Light WTI Crude 1:00 20:45
MEFFRV IBX IBEX-35 9:00 17:15
MEFFRV MIX IBEX-MINI 9:00 17:15
FTA FTI AEX INDEX FUT 8:00 18:15
FTA MFA AEX INDEX FUT 8:00 18:00
MONEP FCE CAC 40 8:00 18:00
MONEP MFC CAC 40 8:00 18:00
Exchange Symbol Description Intraday Start Time5 Intraday End Time5
SNFE AM SPI 200 Mini 9:50 16:15
SNFE AP SPI 200 9:50 16:15
Exchange Symbol Description Intraday Start Time4 Intraday End Time4
HKFE A505 ISHARES FTSE A50 CHINA INDEX 9:00 15:45
HKFE HHI5 HSCEI INDEX 8:45 16:00
HKFE HSI5 HANG SENG INDEX 8:45 16:00
HKFE MCH5 HSCEI INDEX 8:45 16:00
HKFE MHI5 HANG SENG INDEX 8:45 16:00
Exchange Symbol Description Intraday Start Time4 Intraday End Time4
OSE.JPN NK225 NIKKEI 225 08:45 14:55
OSE.JPN NK225M NIKKEI 225 MINI 08:45 14:55
OSE.JPN TOPIX TOPIX 08:45 15:00
OSE.JPN TOPIXM TOPIX Mini 08:45 15:00
Exchange Symbol Description Intraday Start Time4 Intraday End Time4
NSE NIFTY S&P CNX NIFTY 9:15 15:15
Exchange Symbol Description Intraday Start Time4 Intraday End Time4
SGX NK NIKKEI 225 7:45 14:10
SGX NS NIKKEI 225 mini 7:45 13:45
SGX TW MSCI Taiwan 8:45 13:30
Exchange Symbol Description Intraday Start Time4 Intraday End Time4
KSE 01 KOSPI 9:00 15:20
KSE 05 KOSPI mini 9:00 15:20

Maintenance Margin Minimums

Futures:
50 USD /contract


Short Options:
50 USD/contract for 100 delta units
25 USD/contract for 0 delta units

Minimums for deltas between 100 and 0 will be interpolated based on the above schedule. Eurex contracts always assume a delta of 100.

Initial Margin Minimums

125% of Maintenance Margin


Notes

  • 4. The times listed in 'Intraday Start Time' and 'Intraday End Time' columns are shown in local exchange time.





Risk Margin Overview


What is risk based margining?

A risk based margin system evaluates your portfolio to set your margin requirements. The risk valuations of your positions are created using simulated market movements that anticipate possible outcomes. As a result, a more accurate margin model is created, allowing the investor to increase their leverage.


How are correlated risks offset?

Within a group of positions with the same underlying, 100% of the gain at any one valuation point is allowed to offset another positions loss at the same valuation point.

Example: An account holds a long stock position in stock ABC and a long put option contract in ABC. If a theoretical worst case scenario causes the underlying asset to drop 15%, then the loss that on the long stock position would be offset by the gain on the long put position.


What are my eligibility requirements?

Eligibility requirements vary according to the investor's personal information, region, and exchange.


What positions are eligible?

All positions in margin equity securities (including foreign equity securities and options on foreign equity securities, listed options on an equity security or index of equity securities, security futures products, unlisted derivatives on an equity security or index of equity securities, warrants on an equity security or index of equity securities, broad-based index futures, and options on broad-based index futures.




Portfolio Margin

Under SEC-approved Portfolio Margin rules and using our real-time margin system, our customers are able in certain cases to increase their leverage beyond Reg T margin requirements. For decades margin requirements for securities (stocks, options and single stock futures) accounts have been calculated under a Reg T rules-based policy. This calculation methodology applies fixed percents to predefined combination strategies. With Portfolio Margin, margin requirements are determined using a "risk-based" pricing model that calculates the largest potential loss of all positions in a product class or group across a range of underlying prices and volatilities. This model, known as the Theoretical Intermarket Margining System ("TIMS"), is applied each night to U.S. stocks, OCC stock and index options and U.S. single stock futures positions by the federally-chartered Options Clearing Corporation("OCC") and is disseminated by the OCC to participating brokerage firms each night. The minimum margin requirement in a Portfolio Margin account is static during the day because the OCC only disseminates the TIMS parameter requirements once per day.

However, Portfolio Margin compliance is updated by us throughout the day based on the real-time price of the equity positions in the Portfolio Margin account. Please note, at this time, Portfolio Margin is not available for U.S. commodities futures and futures options, U.S. bonds, Mutual Funds, or Forex positions, but U.S. regulatory bodies may consider inclusion of these products at a future date.

Portfolio or risk based margin has been utilized for many years in both commodities and many non-U.S. securities markets, with great success. Dependent upon the composition of the trading account, Portfolio Margin may require a lower margin than that required under Reg T rules, which translates to greater leverage. Trading with greater leverage involves greater risk of loss. There is also the possibility that, given a specific portfolio composed of positions considered as having higher risk, the requirement under Portfolio Margin may be higher than the requirement under Reg T. Part of the reasoning behind the creation of Portfolio Margin is that the margin requirements would more accurately reflect the actual risk of the positions in an account. Thus, it is possible that, in a highly concentrated account, a Portfolio Margin approach may result in higher margin requirements than under Reg T. One of the main goals of Portfolio Margin is to reflect the lower risk inherent in a balanced portfolio of hedged positions. Conversely, Portfolio Margin must assess proportionately larger margin for accounts with positions which represent a concentration in a relatively small number of stocks.



Portfolio Margin Eligibility


Customers must meet the following eligibility requirements to open a Portfolio Margin account:

  • An existing account must have at least USD 110,000 (or USD equivalent) in Net Liquidation Value to be eligible to upgrade to a Portfolio Margin account (in addition to being approved for uncovered option trading). Existing customers may apply for a Portfolio Margin account on the Account Type page in Account Management at any time and your account will be upgraded upon approval. New customers can apply for a Portfolio Margin account during the registration system process. It should be noted that if your account drops below USD 100,000 you will be restricted from doing any margin-increasing trades. Therefore if you do not intend to maintain at least USD 100,000 in your account, you should not apply for a Portfolio Margin account.
  • New customer accounts requesting Portfolio Margin may take up to 2 business days (under normal business circumstances) to have this capability assigned after initial account approval. It should be noted that if your account is subsequently funded with less than USD 100,000 in Net Liquidation Value (or USD equivalent), you will be restricted from doing any margin-increasing trades until the Net Liquidation Value exceeds USD 100,000. Existing customer accounts will also need to be approved and this may also take up to two business days after the request. Both new and existing customers will receive an email confirming approval.
  • Those institutions who wish to execute some trades away from us and use us as a prime broker will be required to maintain at least USD 6,000,000 (or USD equivalent).
  • Customers in Canada are not eligible for Portfolio Margin accounts due to IDA restrictions. In addition, all Canadian stock, stock options, index options, European stock, and Asian stock positions will be calculated under standard rules-based margin rules so Portfolio Margin will not be available for these products.
  • Non-U.S. Omnibus Broker (Long Position/Short Position) accounts are not eligible for Portfolio Margin accounts.
  • Accounts reporting equity below the $100,000 minimum will be subject to a margin surcharge, the effect of which will be to gradually transition the account to margin levels approximating those of the Reg. T methodology as equity continues to decline.

Portfolio Margin Mechanics


Under Portfolio Margin, trading accounts are broken into three component groups: Class groups, which are all positions with the same underlying; Product groups, which are closely related classes; and Portfolio groups, which are closely related products. Examples of classes would include IBM, SPX, and OEX. A product example would be a Broad Based Index composed of SPX, OEX, etc. A portfolio could include such products as Broad Based Indices, Growth Indices, Small Cap Indices, and FINRA Indices.

The portfolio margin calculation begins at the lowest level, the class. All positions with the same class are grouped and stressed (underlying price and implied volatility are changed) together with the following parameters:

  • A standardized stress of the underlying.
    • For stock, equity options, narrow based indices and single stock futures, the stress parameter is plus or minus 15%, with eight other points within that range.
    • For U.S. market small caps and FINRA market indices the stress parameter is plus 10%, minus 10% as well as eight other points in-between.
    • For Broad Based Indices and Growth indices the stress parameter is plus 6%, minus 8% as well as eight other points in-between.
  • A market-based stress of the underlying based on historical moves in Bloomberg pricing data.
  • For Broad Based Indices the implied volatility factor is increased 75% and decreased by 75%.
  • For all other classes, the implied volatility for each options class is increased by 150% and decreased by 150%

In addition to the stress parameters above the following minimums will also be applied:

  • Classes with large single concentrations will have a margin requirement of 30% applied to the concentrated position.
  • A $0.375 multiplied by the index per contract minimum is computed.
  • The same special margin requirements for OTCBB, Pink Sheet and low cap stocks that apply under Reg T, will still apply under Portfolio Margin.
  • Initial margin will be 110% of Maintenance Margin.

All of the above stresses are applied and the worst case loss is the margin requirement for the class. Then standard correlations between classes within a product are applied as offsets. As an example, within the Broad Based Index product 90% offset is allowed between SPX and OEX. Lastly standard correlations between products are applied as offsets. An example would be a 50% offset between Broad Based Indices and Small Cap Indices. For stocks and Single Stock Futures offsets are only allowed within a class and not between products and portfolios. After all the offsets are taken into account all the worst case losses are combined and this number is the margin requirement for the account. For a complete list of products and offsets, see the Appendix-Product Groups and Stress Parameters section at the end of this document.

Our real-time, intra-day margining system enables us to apply the Day Trading Margin Rules to Portfolio Margin accounts based on real-time equity, so Pattern Day Trading Accounts will always be able to trade based on their full, real-time buying power.

Because of the complexity of Portfolio Margin calculations it would be extremely difficult to calculate margin requirements manually. We encourage those interested in Portfolio Margin to use our TWS Portfolio Margin Demo to understand the impact of Portfolio Margin requirement under different scenarios.

Click here for the OCC's published list of Product Groups and Offset Parameters.



Additional US Margin Requirements

For Residents of the United Kingdom:

Use the following links to view other margin requirements:

Stocks

Options

Fixed Income

CFDs

Forex

Metals


You can change your location setting by clicking here


Further Reading


See the following special articles and links, which describe important information on futures/options risk management and financial controls:

To learn more about trading on margin, go to our Education Center:

Go

Disclosures
  1. Cash accounts and IRA accounts (both cash and margin type) are not afforded intraday margin rates.
  2. Long positions only.
  3. Margin requirements for HHI.HK futures positions larger than 1,000 contracts on HKFE are double the normal HHI.HK margin requirements.

  • If you are not an India resident, you need to have Non Resident Indian ("NRI") status in order to trade India derivatives.







The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. For more information, read the "Characteristics and Risks of Standardized Options".

Your capital is at risk and your losses may exceed the value of your original investment.

Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Reference Number 208159.

Cryptoassets are unregulated in the UK. Interactive Brokers (U.K) Limited ("IBUK") is registered with the Financial Conduct Authority as a cryptoassets firm under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.

Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (www.sipc.org) compensation scheme;
products are only covered by the UK FSCS in limited circumstances.

Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page.

For a list of IBG memberships worldwide, see our exchange listings.