Trading Margins
In a typical futures contract, the margin rate varies between 5 and 15% of the total contract value. Initial Futures Margin is the amount of money that is required to open a buy or sell position on a futures contract. Initial margin is original margin, the amount posted when the original trade takes place.
| Grains | Symbol | Exchange | Maint. Margin | Day Trading Margins |
|---|---|---|---|---|
| Mini-Sized Corn | XC | CBOT/Globex | $360 | $360 |
| Mini-Sized Soybeans | XK | CBOT/Globex | $615 | $560 |
| Mini-Sized Wheat | XW | CBOT/Globex | $561 | $510 |
| Corn | ZC | CBOT/Globex | $1980 | $1800 |
| Ethanol | ZE | CBOT/Globex | $1,800 | $1,800 |
| Soybean Oil | ZL | CBOT/Globex | $600 | $600 |
| Soybean Meal | ZM | CBOT/Globex | $1,450 | $1,200 |
| Oats | ZO | CBOT/Globex | $675 | $600 |
| Rough Rice | ZR | CBOT/Globex | $1,250 | $825 |
| Soybeans | ZS | CBOT/Globex | $2,050 | $1,500 |
| Wheat | ZW | CBOT/Globex | $1,250 | $950 |
Maintenance margin is the minimum amount of equity that must be maintained in a margin account. In the context of the futures markets, after an investor has bought or sold a futures contract, the minimum required level of maintenance margin is at least 80% of the initial margin.
| Meats (CME) | Symbol Root | Initial Margin | Maint. Margin | Day Trading Rate |
|---|---|---|---|---|
| Lean Hogs | LH | $1,485 | $1,350 | 25% |
| Live Cattle | LC | $1,650 | $1,500 | 25% |
| Feeder Cattle | FC | $3,080 | $2,800 | 25% |
With Day Trading Margin, day traders are able to trade instruments valued much greater than the margin price via leverage. Most FCM's set there own day trading margin levels, that will range from as little as $500.00 for some futures to as much as 50% of initial margin. Level of 25% of the initial margin is used by most of FCM's as their day trading margin level.
| Softs | Symbol | Exchange | Maint. Margin | Day Trading Margins |
|---|---|---|---|---|
| Milk Class III | DC | CME/Globex | $850 | $850 |
| Lumber | LB | CME/Globex | $1,500 | $950 |
| Cocoa | CC | ICE Futures U.S. | $1,900 | $700 |
| Cotton | CT | ICE Futures U.S. | $2,650 | $1,200 |
| Coffee | KC | ICE Futures U.S. | $2,100 | $2,100 |
| Orange Juice | OJ | ICE Futures U.S. | $$1,020 | $1,000 |
| Sugar #11 | SB | ICE Futures U.S. | $950 | $775 |
In a typical futures contract, the margin rate varies between 5 and 15% of the total contract value. Initial Futures Margin is the amount of money that is required to open a buy or sell position on a futures contract. Initial margin is original margin, the amount posted when the original trade takes place.
| Financials | Symbol | Exchange | Maint. Margin | Day Trading Margins |
|---|---|---|---|---|
| US 10-Year Interest Rate Swap | SR | CBOT/Globex | $1,750 | $550 |
| Ultra T-Bond | UB | CBOT/Globex | $3,650 | $2,000 |
| US 3-Year US Treasury Notes | Z3N | CBOT/Globex | $5,500 | $350 |
| US 30-Year Treasury Bond | ZB | CBOT/Globex | $2,550 | $500 |
| US 5-Year Treasury Note | ZF | CBOT/Globex | $680 | $250 |
| US 10-Year Treasury Note | ZN | CBOT/Globex | $1,050 | $500 |
| Fed Funds 30-Day Interest Rate | ZQ | CBOT/Globex | $195 | $195 |
| US 2-Year Treasury Note | ZT | CBOT/Globex | $490 | $100 |
| Eurodollar | GE | CME/Globex | $250 | $250 |
| LIBOR One Month | GLB | CME/Globex | $300 | $100 |
| Euro Bund 10-Year | FGBL | Eurex | $2,400 | $500 |
| Euro Bobl 5-Year | FGBM | Eurex | $1,100 | $500 |
| Euro Schatz 2-Year | FGBS | Eurex | $275 | $175 |
| Euro-Buxl | FGBX | Eurex | $6,050 | $2,000 |
| Euro-BTP Futures | FBTP | Eurex | $55,600 | $1,000 |
| Euro-Oat | FOAT | Eurex | $2,500 | $1,000 |
| Short Sterling 3-Month | L | LIFFE | $500 | $175 |
| Long Gilt | R | LIFFE | $1,855 | $1,000 |
| OSE Tokyo 10-Year (BIG) | JGB | Osaka-Japan (JPX) | $7,800 | $2,600 |
| SGX Mini 10-Year JGB | JB | Singapore Exchange (SGX) | $945 | $500 |
| 90-Day Bank Accept | IR | Sydney Futures Exchange (SFE) | $425 | $250 |
| ASX 10-Year Aus Treasury Bond | XT | Sydney Futures Exchange (SFE) | $1,890 | $1,000 |
| ASX 3-Year Aus Interest Rate Swap | YT | Sydney Futures Exchange (SFE) | $585 | $350 |
Maintenance margin is the minimum amount of equity that must be maintained in a margin account. In the context of the futures markets, after an investor has bought or sold a futures contract, the minimum required level of maintenance margin is at least 80% of the initial margin.
| Energies | Symbol | Exchange | Maint. Margin | Day Trading Margin |
|---|---|---|---|---|
| ICE Brent Crude Oil | BRN | ICE Europe | $4,600 | $2,000 |
| ICE WTI Crude | T | ICE Europe | $3,900 | $2,000 |
| ICE (RBOB) Gasoline | N | ICE Europe | $4,250 | $2,000 |
| Gas Oil | GAS | ICE Europe | $3,050 | $2,000 |
| ICE Heating Oil | QHO | ICE Europe | $3,654 | $2,000 |
| Crude Oil | CL | NYMEX/Globex (NYMEXG) | $4,275 | $1,000 |
| Rbob | RB | NYMEX/Globex (NYMEXG) | $4,600 | $2,000 |
| Heating Oil | HO | NYMEX/Globex (NYMEXG) | $4,500 | $2,000 |
| Natural Gas | NG | NYMEX/Globex (NYMEXG) | $5,700 | $500 |
| E-mini Natural Gas | QG | NYMEX/Globex (NYMEXG) | $1,425 | $300 |
| E-mini Heating Oil | QH | NYMEX/Globex (NYMEXG) | $2,250 | $1,000 |
| E-mini Crude Light | QM | NYMEX/Globex (NYMEXG) | $2,050 | $500 |
| E-mini Unleaded Gasoline | QU | NYMEX/Globex (NYMEXG) | $2,300 | $1,000 |
With Day Trading Margin, day traders are able to trade instruments valued much greater than the margin price via leverage. Most FCM's set there own day trading margin levels, that will range from as little as $500.00 for some futures to as much as 50% of initial margin. Level of 25% of the initial margin is used by most of FCM's as their day trading margin level.
| Currencies | Symbol | Exchange | Maint. Margin | Day Trading Rate |
|---|---|---|---|---|
| Australian Dollar | 6A | CME/Globex | $1,250 | $500 |
| British Pound | 6B | CME/Globex | $2,400 | $500 |
| Canadian Dollar | 6C | CME/Globex | $1,150 | $500 |
| EuroFX | 6E | CME/Globex | $2,300 | $500 |
| Japanese Yen | 6J | CME/Globex | $1,800 | $500 |
| New Zealand Dollar | 6N | CME/Globex | $1,400 | $500 |
| Mexican Peso | 6M | CME/Globex | $1,750 | $500 |
| Swiss Franc | 6S | CME/Globex | $3,800 | $500 |
| E-mini EuroFX | E7 | CME/Globex | $1,150 | $500 |
| E-mini Japanese Yen | J7 | CME/Globex | $900 | $500 |
| E-micro AUD/USD | M6A | CME/Globex | $145 | $100 |
| E-micro GBP/USD | M6B | CME/Globex | $240 | $100 |
| E-micro USD/CAD | MCD | CME/Globex | $130 | $100 |
| E-micro EUR/USD | M6E | CME/Globex | $230 | $100 |
| E-micro USD/JPY | MJY | CME/Globex | $180 | $100 |
| E-micro USD/CHF | MSF | CME/Globex | $300 | $100 |
| Dollar Index | DX | ICE Futures U.S. | $1,650 | $500 |
In a typical futures contract, the margin rate varies between 5 and 15% of the total contract value. Initial Futures Margin is the amount of money that is required to open a buy or sell position on a futures contract. Initial margin is original margin, the amount posted when the original trade takes place.
| Metals | Symbol | Exchange | Maint. Margin | Day Trading Margins |
|---|---|---|---|---|
| Gold | GC | COMEX/Globex (COMEX) | $3,400 | $1,000 |
| Copper | HG | COMEX/Globex (COMEXG) | $3,100 | $1,000 |
| E-micro Gold | MGC | COMEX/Globex (COMEXG) | $310 | $250 |
| miNY Copper | QC | COMEX/Globex (COMEXG) | $1,550 | $500 |
| miNY Silver | MQI | COMEX/Globex (COMEXG) | $1,800 | $1,800 |
| miNY Gold | MQO | COMEX/Globex (COMEXG) | $1,550 | $500 |
| Silver | SI | COMEX/Globex (COMEXG) | $3,600 | $3,600 |
| 1000 oz Silver | SIL | COMEX/Globex (COMEXG) | $720 | $720 |
| Mini Silver | YI | ICE Futures U.S. | $$1,085 | $1,085 |
| 100 oz Gold | ZG | ICE Futures U.S. | $4,300 | $4,300 |
| 5000 oz Silver | ZI | ICE Futures U.S. | $5,420 | $5,420 |
| Mini Gold | ZYG | ICE Futures U.S. | $1,380 | $500 |
| Palladium | PA | NYMEX/Globex (NYMEXG) | $6,500 | $2,250 |
| Platinum | PL | NYMEX/Globex (NYMEXG) | $1,700 | $1,000 |
Maintenance margin is the minimum amount of equity that must be maintained in a margin account. In the context of the futures markets, after an investor has bought or sold a futures contract, the minimum required level of maintenance margin is at least 80% of the initial margin.
| Stock Index | Symbol | Exchange | Maint. Margin | Day Trading Margins |
|---|---|---|---|---|
| Dow Jones ($5) Mini | YM | CBOT/Globex | $5,600 | $500 |
| CBOE Volatility Index (VIX) | VX | CFE/CBOE | $8,000 | $2,000 |
| E-mini S&P MidCap 400 | EMD | CME/Globex | $82,500 | $500 |
| E-mini S&P 500 Index | ES | CME/Globex | $6,800 | $400 |
| E-micro S&P CNX Nifty 50 Index | MNF | CME/Globex | $800 | $500 |
| NIKKEI 225 | NKD | CME/Globex | $5,600 | $1,500 |
| E-mini NASDAQ 100 Index | NQ | CME/Globex | $7,000 | $500 |
| Russell 2000 Index Mini ($50) | RTY | CME/Globex | $3,550 | $250 |
| STOXX Europe 50 Index | FSXP | Eurex | $2,300 | $400 |
| DAX Index | FDAX | Eurex | $24,000 | $2,500 |
| MINI Dax | FDXM | Eurex | $4,800 | $500 |
| Dow Jones Euro STOXX 50 | FESX | Eurex | $2,600 | $500 |
| STOXX Europe 600 Index | FXXP | Eurex | $1,300 | $400 |
| Mini VSTOXX | FVS | Eurex | $700 | $250 |
| Russell 2000 Index Mini ($50) | TY | ICE Futures U.S. | $2,750 | $250 |
| CAC-40 Index | FCE | LIFFE | $3,500 | $1,500 |
| FTSE 250 Index | Y | LIFFE | $4,770 | $2,750 |
| FTSE 100 Index | Z | LIFFE | $5,225 | $1,500 |
| Mini-Nikkei 225 | MJNK | Osaka - Japan (JPX) | $700 | $500 |
| Nikkei 225 (Osaka) | JNK | Osaka - Japan (JPX) | $10,000 | $5,000 |
| TOPIX | JTPX | Osaka - Japan (JPX) | $2,800 | $1,400 |
| Mini TOPIX | JMT | Osaka - Japan (JPX) | $280 | $140 |
| JPX-Nikkei Index 400 | J400 | Osaka - Japan (JPX) | $500 | $250 |
| S&P CNX Nifty Index | EN | Singapore Exchange (SGX) | $2,475 | $1,000 |
| NIKKEI 225 Index | NK | Singapore Exchange (SGX) | $2,700 | $1,000 |
| USD Nikkei 225 Index | NU | Singapore Exchange (SGX) | $2,700 | $1,500 |
| MSCI Taiwan Stock Index | TW | Singapore Exchange (SGX) | $1,000 | $750 |
| SFE SPI 200 | AP | Sydney Futures Exchange (SFE) | $5,000 | $1,800 |
The Day Trading Margins are set by FCM's. This is the amount required to enter into a position per contract on an intraday basis. These margins are in effect anytime the market is open, except for the last 5 minutes of each trading session. We request that you either flatten open positions or meet the exchange required maintenance margin during this time period.
The above information was drawn from sources believed to be reliable. Although it is believed that information provided is accurate, no guarantee is made. ITG Futures assumes no responsibility for any errors or omissions.
| Mini Index - $1.16 per side, per contract |
|
| Symbol |
Description |
|---|---|
| YM |
Mini Dow Futures |
| Financial - $0.96 per side, per contract |
|
| Symbol |
Description |
|---|---|
| FF |
30 Day Fed Funds Rate |
| NI |
10 Year Interest Rate Swap |
| RS5 |
5 Year Interest Rate Swap |
| Treasury - $0.65 per side, per contract |
|
| Symbol |
Description |
|---|---|
| US |
30 Year US Treasury Bond |
| TY |
10 Year US Treasury Note |
| FV |
5 Year US Treasury Note |
| TU |
2 Year US Treasury Note |
| UB |
Ultra US Treasury Bond |
| Mini Agricultural - $1.03 per side, per contract |
|
| Symbol |
Description |
|---|---|
| YC |
Mini-sized Corn |
| YK |
Mini-sized Soybeans |
| YW |
Mini-sized Wheat |
| VIX Futures — $1.20 per side, per contract |
|
| Symbol |
Description |
|---|---|
| VX |
CBOE Volatility Index (VIX) Futures |
| E-Mini Index — $1.18 per side, per contract |
|
| Symbol |
Description |
|---|---|
| ES |
E-mini S&P 500 |
| MNF |
E-Micro S&P Nifty Fifty |
| NQ |
E-mini Nasdaq 100 |
| EMD |
E-mini S&P MidCap 400 |
| SMC |
E-mini S&P SmallCap 600 |
| XAE |
E-Mini S&P 500 Energy Sector |
| XAF |
E-Mini S&P 500 Financial Sector |
| XAV |
E-Mini S&P 500 HealthCare Sector |
| XAI |
E-Mini S&P 500 Industrial Sector |
| XAB |
E-Mini S&P 500 Materials Sector |
| XAK |
E-Mini S&P 500 Technology Sector |
| XAU |
E-Mini S&P 500 Utilities Sector |
| XAP |
E-Mini S&P 500 Consumer Staples Sector |
| XAY |
E-Mini S&P 500 Consumer Discretion |
| Currency — $1.60 per side, per contract |
|
| Symbol |
Description |
|---|---|
| AD |
Australian Dollar |
| BR |
Brazilian Real |
| BP |
British Pound |
| CD |
Canadian Dollar |
| EC |
Euro FX |
| JY |
Japanese Yen |
| MP1 |
Mexican Peso |
| NE1 |
New Zealand |
| RA |
South America Rand |
| RF |
Euro/CHF Futures |
| RP |
EUR/GBP Futures |
| RU |
Russian Ruble |
| RY |
EUR/JPY Futures |
| SF |
Swiss Franc |
| Eurex Interest Rate — €0.20 per side, per contract |
|
| Symbol | Description |
|---|---|
| FGBS | Euro-Schatz Futures |
| FGBM | Euro-Bobl Futures |
| FGBL | Euro-Bund Futures |
| FGBX | Euro-Buxl® Futures |
| FBTS | Short-term Euro-BTP Futures |
| FBTP | Euro BTP Futures |
|
Eurex DAX — €0.50 per side, per contract |
|
| Symbol | Description |
|---|---|
| FDAX | DAX® Futures |
| Eurex Volitility Index — €0.20 per side, per contract | |
| FVS | VSTOXX Mini Futures |
|
Eurex Equity Index — €0.30 per side, per contract |
|
| Symbol | Description |
|---|---|
| FESX | DJ EURO STOXX® 50 Index Futures |
| FSTX | DJ STOXX® 50 Index Futures |
| F2LA | DJ STOXX® Large 200 Index Futures |
| F2MI | DJ STOXX® Mid 200 Index Futures |
| F2SM | DJ STOXX® Small 200 Index Futures |
| F2MX | MDAX® Futures |
| FSTB | DJ STOXX® 600 Banks Futures |
| FSTG | DJ STOXX® 600 Industrial Goods & Services Futures |
| FSTI | DJ STOXX® 600 Insurance Futures |
| FSTM | DJ STOXX® 600 Media Futures |
| FSTZ | DJ STOXX® 600 Personal & Household Goods Futures |
| FSTV | DJ STOXX® 600 Travel & Leisure Futures |
| FSTU | DJ STOXX® 600 Utilities Futures |
| FTDX | TecDAX Futures |
| LIFFE Equities — €0.23 per side, per contract | |
| Symbol | Description |
|---|---|
| LZ | FTSE 100 Index Futures |
|
LIFFE Commodities — £ 0.53 per side, per contract |
|
| Symbol | Description |
|---|---|
| CC3 | London Cocoa Futures |
| RC | London Robusta Coffee Futures |
|
LIFFE Interest Rates — £ 0.28 per side, per contract |
|
| Symbol | Description |
|---|---|
| LT2 | Three Month Euro (EURIBOR) Interest Rate Futures |
| LL | Three Month Sterling (Short Sterling) Interest Rate Futures |
| LF2 | Three Month Euro Swiss Franc Interest Rate Futures |
|
LIFFE Fixed Income — £ 0.23 per side, per contract |
|
| Symbol | Description |
|---|---|
| LI | Long Gilt Futures |
| H | Medium Gilt Futures |
| G | Short Gilt Futures |
|
LIFFE Fixed Income JPY — ¥ 144 per side, per contract |
|
| Symbol | Description |
|---|---|
| JGB | Japanese Government Bond (JGB) Futures |
| ICE US Currencies — $0.94 per side, per contract |
|
| Symbol | Description |
|---|---|
| EO | Euro-U.S. Dollar |
| EJ | Euro-Jananese Yen |
| GB | Euro-Pounds Sterling |
| SY | Pounds Sterling-Japanese Yen |
| MP2 | British Pound-U.S. Dollar |
|
ICE US NYBOT Softs — $2.00 per side, per contract |
|
| Symbol | Description |
|---|---|
| CC | Cocoa |
| KC | Coffee "C" |
| SB | Sugar No. 11 |
| SE | Sugar No. 14 |
| OJ | FCOJ-A |
| CT | Cotton No. 2 |
|
ICE US Indices — $1.35 per side, per contract |
|
| Symbol | Description |
|---|---|
| DX | U.S. Dollar Index |
| CCI | Continuous Commodity Index |
| CR | Rueters Jeffries CRB Index |
|
ICE US Russell index — $1.14 per side, per contract |
|
| Symbol | Description |
|---|---|
| RF2 | Russell 1000 Index (Mini Size) |
| TF | Russell 2000 Index (Mini Size) |
|
ICE Europe Energy — $0.82 per side, per contract |
|
| Symbol | Description |
|---|---|
| BRN | Brent Crude Oil |
| GAS | Gasoil |
| WBS | WTI Light Sweet Crude Oil |
| UHO | Heating Oil |
| UHU | RBOB Gasoline |
| NYMEX e_miNY Energy — $1.20 per side, per contract |
|
| Symbol | Description |
|---|---|
| QM | E-mini Crude Oil Futures |
| QH | E-mini Heating Oil Futures |
| QU | E-mini Gasoline Futures |
|
NYMEX Energy Physically Delivered — $1.45 per side, per contract |
|
| Symbol | Description |
|---|---|
| CL | Light Sweet Crude Oil (Physical) |
| NG | Natural Gas (Physical) |
| HO | Heating Oil (Physical) |
| RB | RBOB Gasoline (Physical) |
|
NYMEX Softs — $1.45 per side, per contract |
|
| Symbol | Description |
|---|---|
| CJ | NYMEX Cocoa |
| KT | NYMEX Coffee |
| TT | NYMEX Cotton |
| YO | NYMEX Sugar No. 11 |
|
NYMEX e-miNY Natural Gas — $0.50 per side, per contract |
|
| Symbol | Description |
|---|---|
| QN | e-miNY Natural Gas |
|
NYMEX Metals — $1.45 per side, per contract |
|
| Symbol | Description |
|---|---|
| PL | Platinum |
| PA | Palladium |
|
NYMEX Uranium — $1.45 per side, per contract |
|
| Symbol | Description |
|---|---|
| UX | Uranium |
| COMEX e-miNY Metals — $0.75 per side, per contract |
|
| Symbol | Description |
|---|---|
| QO | e-miNY Gold (COMEX) |
| QC | E-mini Copper Futures |
|
COMEX e-miNY Silver — $0.75 per side, per contract |
|
| Symbol | Description |
|---|---|
| QI | e-miNY Silver (COMEX) |
|
COMEX Metals — $1.45 per side, per contract |
|
| Symbol | Description |
|---|---|
| GC | Gold |
| SI | Silver |
| HG | Copper |
| Mini Metals — $0.50 per side, per contract |
|
| Symbol | Description |
|---|---|
| YG | E-mini Gold |
| YI | E-mini Silver |
|
MSCI Indices — $0.91 per side, per contract |
|
| Symbol | Description |
|---|---|
| MFS | mini MSCI EAFE Index Futures |
| MME | mini MSCI Emerging Markets Index Futures |
|
Metals — $0.55 per side, per contract |
|
| Symbol | Description |
|---|---|
| ZG | 100 oz. Gold |
| ZI | 5000 oz. Silver |
Get a Margin Quote
ITG Futures works with several different clearing companies, with different sets of rules for intraday margins. Please fill out the form below to receive Day Trading Margins for the specific markets and contracts you trade. If you have immediate questions, feel free to call us or open a chat window, and one of our client representatives will assist you.
Additional Disclosure
ITG Futures and/or our Clearing FCMs maintain the right to liquidate any position at any time if a margin call and/or deficit occurs. The customer will be subject to $25.00 liquidation fees by ITG Futures and may be subject to additional fees set by FCM. The customer would be responsible for any deficit that occurs as a result of liquidations. We will make our best efforts to contact customers to address margin call depending on the severity of the call. Accounts that are subject to margin calls may experience higher commissions due to increased risk. Specific day trading margins from select FCMs that are well below average rates may subject you to much higher fees than provided above. Contracts with relatively low liquidity may subject you to additional fees.
The margin rates above were drawn from sources believed to be reliable. Although it is believed that the information provided is accurate, we cannot guarantee the accuracy of this data. For current margin rates, please contact us or visit the exchanges’ Websites listed on our Exchange Access Page. The margins listed on this page are for informational purposes only and are subject to change at any time without notice. Day Trading Margins may differ according to your clearing firm. Please consult your broker to confirm the current margins for your account.
Margin Rules and Disclosure for StoneX
50% initial margin (7:45 am CT to 3:30 pm CT)
Up to 20 contracts (100% margins over 20 contracts):
- Treasuries – 30yr Bond, 2yr-5yr-10yr Notes, Eurodollar
- Currencies – British Pound (6B), Japanese Yen (6J), Euro Currency (6E)
- Metals – Gold
- Grains – Corn, Soybean, Wheat, Soybean Meal, Soybean Oil
- Indices – FTSE 100, Mini-DAX
- Energies – Micro Crude Oil (MCL) and Emini Crude Oil (QM)
- Front-Month only, any contracts past the front-month will be margined at 100%
Up to 10 contracts (100% margins over 10 contracts):
- Energies – Crude Oil (GCL)
- Front-Month only, any contracts past the front-month will be margined at 100%
25% initial margin (7:45 am CT to 3:00 pm CT)
Up to 5 contracts (100% margins over 5 contracts):
- Indices – DAX (FDAX)
All other markets will be at 100% Exchange Initial Margin.
From 3:30 pm CT until the 4:00 pm-close, all margins will be at the 100% level with the exception of all Crude Oil products which will be margined at 125%.
Please be aware that your account must be at full required margin at the 3:30 pm CT or your account may be liquidated.
As always, manage your risk! Contact your broker immediately should you have concerns regarding your account.
Notice: The following parameters are in effect for all Cryptocurrency contracts
- Authorization is required to trade Cryptocurrency products. Please contact your broker who will request authorization from StoneX Futures risk department.
- Day Trade Margins 7:00 am CT – 3:30 pm CT – 100% of Exchange Initial Margin
- Overnight Margins 3:30 pm CT – 7:00 am CT – The customer must have 150% of the Exchange Initial Margin to carry the position overnight. If they do not, they will be required to offset the position.
- Weekend Margins on Friday’s 3:15 pm Close – The customer must have 150% of the Exchange Initial margin to carry the position over the weekend. If they do not, they will be required to offset the position.
NFA Investor Advisory—Futures on Virtual Currencies Including Bitcoin
Notice: The following Margin Requirements are in effect for NYSE FANG+ Index Futures
- Max Position Limit per account is 5 contracts, front-month only. All other expirations are prohibited from trading.
- Day Trade Margins 8:30 am CT – 2:50 pm CT – $1,000 per contract and is subject to change should the market dictate.
- Although the market closes at 5 pm CT, volume is currently concentrated to the NYSE/NASDAQ trading hours. The customer must have 100% of the Exchange Initial Margin to carry the position past 2:50 pm CT. If they do not, they will be required to offset the position.
NOTE:
- Initial margin and day trade values are updated daily at 7:00 am CT.
- Monday-Friday server maintenance is between 4:00 pm and 5:00 pm CT. In addition, we do schedule major updates after the close of business Friday through Saturday. The system will be available at a minimum of 1 hour prior to the pre-market open on Sundays.
- Liquidation Procedures
- In accordance with the Margins section 4 of the Customer Agreement and Disclosures document, StoneX reserves the right to liquidate any commodity positions in your account at its SOLE AND ABSOLUTE DISCRETION without prior notice. Clients are responsible for monitoring their positions and are financially responsible for any losses generated by open positions.
- Without limiting the foregoing, StoneX generally liquidates open positions if the client’s Equity-to-Margin ratio (as defined below) drops below 5%, or the account Net Liquidating Value (NLV) drops below $500.00 (whichever comes first). For accounts with only micro e-mini futures positions, a liquidation may occur when the Net Liquidating Value (NLV) drops below $75.00. In such instances, your account may be locked, open positions may be liquidated, and if our risk management staff liquidates your position due to inaction on your part, a liquidation fee will apply. StoneX’s current liquidation fee is $50.00 per contract.
- Your “Equity-to-Margin ratio” is calculated by dividing your NLV by Initial Margin (IM).
- Day-Trade margin parameters will be brought to full exchange Initial Margin requirements at 3:30 pm CT. For any customer that entered a position using day-trade margins and has not offset their position prior to 3:45 pm CT, the positions MAY be liquidated.
THIS MATERIAL IS CONVEYED AS A SOLICITATION FOR ENTERING INTO A DERIVATIVES TRANSACTION.
TRADING FUTURES AND OPTIONS INVOLVES THE RISK OF LOSS. YOU SHOULD CONSIDER CAREFULLY WHETHER FUTURES OR OPTIONS ARE APPROPRIATE TO YOUR FINANCIAL SITUATION. ONLY RISK CAPITAL SHOULD BE USED WHEN TRADING FUTURES OR OPTIONS. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURES RESULTS.
Trading Margins
on most futures contracts offered by ITG Futures.
In a typical futures contract, the margin rate varies between 5 and 15% of the total contract value. Initial Futures Margin is the amount of money that is required to open a buy or sell position on a futures contract. Initial margin is original margin, the amount posted when the original trade takes place.
| Grains | Symbol | Exchange | Maint. Margin | Day Trading Margins |
|---|---|---|---|---|
| Mini-Sized Corn | XC | CBOT/Globex | $360 | $360 |
| Mini-Sized Soybeans | XK | CBOT/Globex | $615 | $560 |
| Mini-Sized Wheat | XW | CBOT/Globex | $561 | $510 |
| Corn | ZC | CBOT/Globex | $1980 | $1800 |
| Ethanol | ZE | CBOT/Globex | $1,800 | $1,800 |
| Soybean Oil | ZL | CBOT/Globex | $600 | $600 |
| Soybean Meal | ZM | CBOT/Globex | $1,450 | $1,200 |
| Oats | ZO | CBOT/Globex | $675 | $600 |
| Rough Rice | ZR | CBOT/Globex | $1,250 | $825 |
| Soybeans | ZS | CBOT/Globex | $2,050 | $1,500 |
| Wheat | ZW | CBOT/Globex | $1,250 | $950 |
Maintenance margin is the minimum amount of equity that must be maintained in a margin account. In the context of the futures markets, after an investor has bought or sold a futures contract, the minimum required level of maintenance margin is at least 80% of the initial margin.
| Meats (CME) | Symbol Root | Initial Margin | Maint. Margin | Day Trading Rate |
|---|---|---|---|---|
| Lean Hogs | LH | $1,485 | $1,350 | 25% |
| Live Cattle | LC | $1,650 | $1,500 | 25% |
| Feeder Cattle | FC | $3,080 | $2,800 | 25% |
With Day Trading Margin, day traders are able to trade instruments valued much greater than the margin price via leverage. Most FCM's set there own day trading margin levels, that will range from as little as $500.00 for some futures to as much as 50% of initial margin. Level of 25% of the initial margin is used by most of FCM's as their day trading margin level.
| Softs | Symbol | Exchange | Maint. Margin | Day Trading Margins |
|---|---|---|---|---|
| Milk Class III | DC | CME/Globex | $850 | $850 |
| Lumber | LB | CME/Globex | $1,500 | $950 |
| Cocoa | CC | ICE Futures U.S. | $1,900 | $700 |
| Cotton | CT | ICE Futures U.S. | $2,650 | $1,200 |
| Coffee | KC | ICE Futures U.S. | $2,100 | $2,100 |
| Orange Juice | OJ | ICE Futures U.S. | $$1,020 | $1,000 |
| Sugar #11 | SB | ICE Futures U.S. | $950 | $775 |
In a typical futures contract, the margin rate varies between 5 and 15% of the total contract value. Initial Futures Margin is the amount of money that is required to open a buy or sell position on a futures contract. Initial margin is original margin, the amount posted when the original trade takes place.
| Financials | Symbol | Exchange | Maint. Margin | Day Trading Margins |
|---|---|---|---|---|
| US 10-Year Interest Rate Swap | SR | CBOT/Globex | $1,750 | $550 |
| Ultra T-Bond | UB | CBOT/Globex | $3,650 | $2,000 |
| US 3-Year US Treasury Notes | Z3N | CBOT/Globex | $5,500 | $350 |
| US 30-Year Treasury Bond | ZB | CBOT/Globex | $2,550 | $500 |
| US 5-Year Treasury Note | ZF | CBOT/Globex | $680 | $250 |
| US 10-Year Treasury Note | ZN | CBOT/Globex | $1,050 | $500 |
| Fed Funds 30-Day Interest Rate | ZQ | CBOT/Globex | $195 | $195 |
| US 2-Year Treasury Note | ZT | CBOT/Globex | $490 | $100 |
| Eurodollar | GE | CME/Globex | $250 | $250 |
| LIBOR One Month | GLB | CME/Globex | $300 | $100 |
| Euro Bund 10-Year | FGBL | Eurex | $2,400 | $500 |
| Euro Bobl 5-Year | FGBM | Eurex | $1,100 | $500 |
| Euro Schatz 2-Year | FGBS | Eurex | $275 | $175 |
| Euro-Buxl | FGBX | Eurex | $6,050 | $2,000 |
| Euro-BTP Futures | FBTP | Eurex | $55,600 | $1,000 |
| Euro-Oat | FOAT | Eurex | $2,500 | $1,000 |
| Short Sterling 3-Month | L | LIFFE | $500 | $175 |
| Long Gilt | R | LIFFE | $1,855 | $1,000 |
| OSE Tokyo 10-Year (BIG) | JGB | Osaka-Japan (JPX) | $7,800 | $2,600 |
| SGX Mini 10-Year JGB | JB | Singapore Exchange (SGX) | $945 | $500 |
| 90-Day Bank Accept | IR | Sydney Futures Exchange (SFE) | $425 | $250 |
| ASX 10-Year Aus Treasury Bond | XT | Sydney Futures Exchange (SFE) | $1,890 | $1,000 |
| ASX 3-Year Aus Interest Rate Swap | YT | Sydney Futures Exchange (SFE) | $585 | $350 |
Maintenance margin is the minimum amount of equity that must be maintained in a margin account. In the context of the futures markets, after an investor has bought or sold a futures contract, the minimum required level of maintenance margin is at least 80% of the initial margin.
| Energies | Symbol | Exchange | Maint. Margin | Day Trading Margin |
|---|---|---|---|---|
| ICE Brent Crude Oil | BRN | ICE Europe | $4,600 | $2,000 |
| ICE WTI Crude | T | ICE Europe | $3,900 | $2,000 |
| ICE (RBOB) Gasoline | N | ICE Europe | $4,250 | $2,000 |
| Gas Oil | GAS | ICE Europe | $3,050 | $2,000 |
| ICE Heating Oil | QHO | ICE Europe | $3,654 | $2,000 |
| Crude Oil | CL | NYMEX/Globex (NYMEXG) | $4,275 | $1,000 |
| Rbob | RB | NYMEX/Globex (NYMEXG) | $4,600 | $2,000 |
| Heating Oil | HO | NYMEX/Globex (NYMEXG) | $4,500 | $2,000 |
| Natural Gas | NG | NYMEX/Globex (NYMEXG) | $5,700 | $500 |
| E-mini Natural Gas | QG | NYMEX/Globex (NYMEXG) | $1,425 | $300 |
| E-mini Heating Oil | QH | NYMEX/Globex (NYMEXG) | $2,250 | $1,000 |
| E-mini Crude Light | QM | NYMEX/Globex (NYMEXG) | $2,050 | $500 |
| E-mini Unleaded Gasoline | QU | NYMEX/Globex (NYMEXG) | $2,300 | $1,000 |
With Day Trading Margin, day traders are able to trade instruments valued much greater than the margin price via leverage. Most FCM's set there own day trading margin levels, that will range from as little as $500.00 for some futures to as much as 50% of initial margin. Level of 25% of the initial margin is used by most of FCM's as their day trading margin level.
| Currencies | Symbol | Exchange | Maint. Margin | Day Trading Rate |
|---|---|---|---|---|
| Australian Dollar | 6A | CME/Globex | $1,250 | $500 |
| British Pound | 6B | CME/Globex | $2,400 | $500 |
| Canadian Dollar | 6C | CME/Globex | $1,150 | $500 |
| EuroFX | 6E | CME/Globex | $2,300 | $500 |
| Japanese Yen | 6J | CME/Globex | $1,800 | $500 |
| New Zealand Dollar | 6N | CME/Globex | $1,400 | $500 |
| Mexican Peso | 6M | CME/Globex | $1,750 | $500 |
| Swiss Franc | 6S | CME/Globex | $3,800 | $500 |
| E-mini EuroFX | E7 | CME/Globex | $1,150 | $500 |
| E-mini Japanese Yen | J7 | CME/Globex | $900 | $500 |
| E-micro AUD/USD | M6A | CME/Globex | $145 | $100 |
| E-micro GBP/USD | M6B | CME/Globex | $240 | $100 |
| E-micro USD/CAD | MCD | CME/Globex | $130 | $100 |
| E-micro EUR/USD | M6E | CME/Globex | $230 | $100 |
| E-micro USD/JPY | MJY | CME/Globex | $180 | $100 |
| E-micro USD/CHF | MSF | CME/Globex | $300 | $100 |
| Dollar Index | DX | ICE Futures U.S. | $1,650 | $500 |
In a typical futures contract, the margin rate varies between 5 and 15% of the total contract value. Initial Futures Margin is the amount of money that is required to open a buy or sell position on a futures contract. Initial margin is original margin, the amount posted when the original trade takes place.
| Metals | Symbol | Exchange | Maint. Margin | Day Trading Margins |
|---|---|---|---|---|
| Gold | GC | COMEX/Globex (COMEX) | $3,400 | $1,000 |
| Copper | HG | COMEX/Globex (COMEXG) | $3,100 | $1,000 |
| E-micro Gold | MGC | COMEX/Globex (COMEXG) | $310 | $250 |
| miNY Copper | QC | COMEX/Globex (COMEXG) | $1,550 | $500 |
| miNY Silver | MQI | COMEX/Globex (COMEXG) | $1,800 | $1,800 |
| miNY Gold | MQO | COMEX/Globex (COMEXG) | $1,550 | $500 |
| Silver | SI | COMEX/Globex (COMEXG) | $3,600 | $3,600 |
| 1000 oz Silver | SIL | COMEX/Globex (COMEXG) | $720 | $720 |
| Mini Silver | YI | ICE Futures U.S. | $$1,085 | $1,085 |
| 100 oz Gold | ZG | ICE Futures U.S. | $4,300 | $4,300 |
| 5000 oz Silver | ZI | ICE Futures U.S. | $5,420 | $5,420 |
| Mini Gold | ZYG | ICE Futures U.S. | $1,380 | $500 |
| Palladium | PA | NYMEX/Globex (NYMEXG) | $6,500 | $2,250 |
| Platinum | PL | NYMEX/Globex (NYMEXG) | $1,700 | $1,000 |
Maintenance margin is the minimum amount of equity that must be maintained in a margin account. In the context of the futures markets, after an investor has bought or sold a futures contract, the minimum required level of maintenance margin is at least 80% of the initial margin.
| Stock Index | Symbol | Exchange | Maint. Margin | Day Trading Margins |
|---|---|---|---|---|
| Dow Jones ($5) Mini | YM | CBOT/Globex | $5,600 | $500 |
| CBOE Volatility Index (VIX) | VX | CFE/CBOE | $8,000 | $2,000 |
| E-mini S&P MidCap 400 | EMD | CME/Globex | $82,500 | $500 |
| E-mini S&P 500 Index | ES | CME/Globex | $6,800 | $400 |
| E-micro S&P CNX Nifty 50 Index | MNF | CME/Globex | $800 | $500 |
| NIKKEI 225 | NKD | CME/Globex | $5,600 | $1,500 |
| E-mini NASDAQ 100 Index | NQ | CME/Globex | $7,000 | $500 |
| Russell 2000 Index Mini ($50) | RTY | CME/Globex | $3,550 | $250 |
| STOXX Europe 50 Index | FSXP | Eurex | $2,300 | $400 |
| DAX Index | FDAX | Eurex | $24,000 | $2,500 |
| MINI Dax | FDXM | Eurex | $4,800 | $500 |
| Dow Jones Euro STOXX 50 | FESX | Eurex | $2,600 | $500 |
| STOXX Europe 600 Index | FXXP | Eurex | $1,300 | $400 |
| Mini VSTOXX | FVS | Eurex | $700 | $250 |
| Russell 2000 Index Mini ($50) | TY | ICE Futures U.S. | $2,750 | $250 |
| CAC-40 Index | FCE | LIFFE | $3,500 | $1,500 |
| FTSE 250 Index | Y | LIFFE | $4,770 | $2,750 |
| FTSE 100 Index | Z | LIFFE | $5,225 | $1,500 |
| Mini-Nikkei 225 | MJNK | Osaka - Japan (JPX) | $700 | $500 |
| Nikkei 225 (Osaka) | JNK | Osaka - Japan (JPX) | $10,000 | $5,000 |
| TOPIX | JTPX | Osaka - Japan (JPX) | $2,800 | $1,400 |
| Mini TOPIX | JMT | Osaka - Japan (JPX) | $280 | $140 |
| JPX-Nikkei Index 400 | J400 | Osaka - Japan (JPX) | $500 | $250 |
| S&P CNX Nifty Index | EN | Singapore Exchange (SGX) | $2,475 | $1,000 |
| NIKKEI 225 Index | NK | Singapore Exchange (SGX) | $2,700 | $1,000 |
| USD Nikkei 225 Index | NU | Singapore Exchange (SGX) | $2,700 | $1,500 |
| MSCI Taiwan Stock Index | TW | Singapore Exchange (SGX) | $1,000 | $750 |
| SFE SPI 200 | AP | Sydney Futures Exchange (SFE) | $5,000 | $1,800 |
The Day Trading Margins are set by FCM's. This is the amount required to enter into a position per contract on an intraday basis. These margins are in effect anytime the market is open, except for the last 5 minutes of each trading session. We request that you either flatten open positions or meet the exchange required maintenance margin during this time period.
The above information was drawn from sources believed to be reliable. Although it is believed that information provided is accurate, no guarantee is made. ITG Futures assumes no responsibility for any errors or omissions.
| Mini Index - $1.16 per side, per contract |
|
| Symbol |
Description |
|---|---|
| YM |
Mini Dow Futures |
| Financial - $0.96 per side, per contract |
|
| Symbol |
Description |
|---|---|
| FF |
30 Day Fed Funds Rate |
| NI |
10 Year Interest Rate Swap |
| RS5 |
5 Year Interest Rate Swap |
| Treasury - $0.65 per side, per contract |
|
| Symbol |
Description |
|---|---|
| US |
30 Year US Treasury Bond |
| TY |
10 Year US Treasury Note |
| FV |
5 Year US Treasury Note |
| TU |
2 Year US Treasury Note |
| UB |
Ultra US Treasury Bond |
| Mini Agricultural - $1.03 per side, per contract |
|
| Symbol |
Description |
|---|---|
| YC |
Mini-sized Corn |
| YK |
Mini-sized Soybeans |
| YW |
Mini-sized Wheat |
| VIX Futures — $1.20 per side, per contract |
|
| Symbol |
Description |
|---|---|
| VX |
CBOE Volatility Index (VIX) Futures |
| E-Mini Index — $1.18 per side, per contract |
|
| Symbol |
Description |
|---|---|
| ES |
E-mini S&P 500 |
| MNF |
E-Micro S&P Nifty Fifty |
| NQ |
E-mini Nasdaq 100 |
| EMD |
E-mini S&P MidCap 400 |
| SMC |
E-mini S&P SmallCap 600 |
| XAE |
E-Mini S&P 500 Energy Sector |
| XAF |
E-Mini S&P 500 Financial Sector |
| XAV |
E-Mini S&P 500 HealthCare Sector |
| XAI |
E-Mini S&P 500 Industrial Sector |
| XAB |
E-Mini S&P 500 Materials Sector |
| XAK |
E-Mini S&P 500 Technology Sector |
| XAU |
E-Mini S&P 500 Utilities Sector |
| XAP |
E-Mini S&P 500 Consumer Staples Sector |
| XAY |
E-Mini S&P 500 Consumer Discretion |
| Currency — $1.60 per side, per contract |
|
| Symbol |
Description |
|---|---|
| AD |
Australian Dollar |
| BR |
Brazilian Real |
| BP |
British Pound |
| CD |
Canadian Dollar |
| EC |
Euro FX |
| JY |
Japanese Yen |
| MP1 |
Mexican Peso |
| NE1 |
New Zealand |
| RA |
South America Rand |
| RF |
Euro/CHF Futures |
| RP |
EUR/GBP Futures |
| RU |
Russian Ruble |
| RY |
EUR/JPY Futures |
| SF |
Swiss Franc |
| Eurex Interest Rate — €0.20 per side, per contract |
|
| Symbol | Description |
|---|---|
| FGBS | Euro-Schatz Futures |
| FGBM | Euro-Bobl Futures |
| FGBL | Euro-Bund Futures |
| FGBX | Euro-Buxl® Futures |
| FBTS | Short-term Euro-BTP Futures |
| FBTP | Euro BTP Futures |
|
Eurex DAX — €0.50 per side, per contract |
|
| Symbol | Description |
|---|---|
| FDAX | DAX® Futures |
| Eurex Volitility Index — €0.20 per side, per contract | |
| FVS | VSTOXX Mini Futures |
|
Eurex Equity Index — €0.30 per side, per contract |
|
| Symbol | Description |
|---|---|
| FESX | DJ EURO STOXX® 50 Index Futures |
| FSTX | DJ STOXX® 50 Index Futures |
| F2LA | DJ STOXX® Large 200 Index Futures |
| F2MI | DJ STOXX® Mid 200 Index Futures |
| F2SM | DJ STOXX® Small 200 Index Futures |
| F2MX | MDAX® Futures |
| FSTB | DJ STOXX® 600 Banks Futures |
| FSTG | DJ STOXX® 600 Industrial Goods & Services Futures |
| FSTI | DJ STOXX® 600 Insurance Futures |
| FSTM | DJ STOXX® 600 Media Futures |
| FSTZ | DJ STOXX® 600 Personal & Household Goods Futures |
| FSTV | DJ STOXX® 600 Travel & Leisure Futures |
| FSTU | DJ STOXX® 600 Utilities Futures |
| FTDX | TecDAX Futures |
| LIFFE Equities — €0.23 per side, per contract | |
| Symbol | Description |
|---|---|
| LZ | FTSE 100 Index Futures |
|
LIFFE Commodities — £ 0.53 per side, per contract |
|
| Symbol | Description |
|---|---|
| CC3 | London Cocoa Futures |
| RC | London Robusta Coffee Futures |
|
LIFFE Interest Rates — £ 0.28 per side, per contract |
|
| Symbol | Description |
|---|---|
| LT2 | Three Month Euro (EURIBOR) Interest Rate Futures |
| LL | Three Month Sterling (Short Sterling) Interest Rate Futures |
| LF2 | Three Month Euro Swiss Franc Interest Rate Futures |
|
LIFFE Fixed Income — £ 0.23 per side, per contract |
|
| Symbol | Description |
|---|---|
| LI | Long Gilt Futures |
| H | Medium Gilt Futures |
| G | Short Gilt Futures |
|
LIFFE Fixed Income JPY — ¥ 144 per side, per contract |
|
| Symbol | Description |
|---|---|
| JGB | Japanese Government Bond (JGB) Futures |
| ICE US Currencies — $0.94 per side, per contract |
|
| Symbol | Description |
|---|---|
| EO | Euro-U.S. Dollar |
| EJ | Euro-Jananese Yen |
| GB | Euro-Pounds Sterling |
| SY | Pounds Sterling-Japanese Yen |
| MP2 | British Pound-U.S. Dollar |
|
ICE US NYBOT Softs — $2.00 per side, per contract |
|
| Symbol | Description |
|---|---|
| CC | Cocoa |
| KC | Coffee "C" |
| SB | Sugar No. 11 |
| SE | Sugar No. 14 |
| OJ | FCOJ-A |
| CT | Cotton No. 2 |
|
ICE US Indices — $1.35 per side, per contract |
|
| Symbol | Description |
|---|---|
| DX | U.S. Dollar Index |
| CCI | Continuous Commodity Index |
| CR | Rueters Jeffries CRB Index |
|
ICE US Russell index — $1.14 per side, per contract |
|
| Symbol | Description |
|---|---|
| RF2 | Russell 1000 Index (Mini Size) |
| TF | Russell 2000 Index (Mini Size) |
|
ICE Europe Energy — $0.82 per side, per contract |
|
| Symbol | Description |
|---|---|
| BRN | Brent Crude Oil |
| GAS | Gasoil |
| WBS | WTI Light Sweet Crude Oil |
| UHO | Heating Oil |
| UHU | RBOB Gasoline |
| NYMEX e_miNY Energy — $1.20 per side, per contract |
|
| Symbol | Description |
|---|---|
| QM | E-mini Crude Oil Futures |
| QH | E-mini Heating Oil Futures |
| QU | E-mini Gasoline Futures |
|
NYMEX Energy Physically Delivered — $1.45 per side, per contract |
|
| Symbol | Description |
|---|---|
| CL | Light Sweet Crude Oil (Physical) |
| NG | Natural Gas (Physical) |
| HO | Heating Oil (Physical) |
| RB | RBOB Gasoline (Physical) |
|
NYMEX Softs — $1.45 per side, per contract |
|
| Symbol | Description |
|---|---|
| CJ | NYMEX Cocoa |
| KT | NYMEX Coffee |
| TT | NYMEX Cotton |
| YO | NYMEX Sugar No. 11 |
|
NYMEX e-miNY Natural Gas — $0.50 per side, per contract |
|
| Symbol | Description |
|---|---|
| QN | e-miNY Natural Gas |
|
NYMEX Metals — $1.45 per side, per contract |
|
| Symbol | Description |
|---|---|
| PL | Platinum |
| PA | Palladium |
|
NYMEX Uranium — $1.45 per side, per contract |
|
| Symbol | Description |
|---|---|
| UX | Uranium |
| COMEX e-miNY Metals — $0.75 per side, per contract |
|
| Symbol | Description |
|---|---|
| QO | e-miNY Gold (COMEX) |
| QC | E-mini Copper Futures |
|
COMEX e-miNY Silver — $0.75 per side, per contract |
|
| Symbol | Description |
|---|---|
| QI | e-miNY Silver (COMEX) |
|
COMEX Metals — $1.45 per side, per contract |
|
| Symbol | Description |
|---|---|
| GC | Gold |
| SI | Silver |
| HG | Copper |
| Mini Metals — $0.50 per side, per contract |
|
| Symbol | Description |
|---|---|
| YG | E-mini Gold |
| YI | E-mini Silver |
|
MSCI Indices — $0.91 per side, per contract |
|
| Symbol | Description |
|---|---|
| MFS | mini MSCI EAFE Index Futures |
| MME | mini MSCI Emerging Markets Index Futures |
|
Metals — $0.55 per side, per contract |
|
| Symbol | Description |
|---|---|
| ZG | 100 oz. Gold |
| ZI | 5000 oz. Silver |
Get a Margin Quote
ITG Futures works with several different clearing companies, with different sets of rules for intraday margins. Please fill out the form below to receive Day Trading Margins for the specific markets and contracts you trade. If you have immediate questions, feel free to call us or open a chat window, and one of our client representatives will assist you.
Additional Disclosure
ITG Futures and/or our Clearing FCMs maintain the right to liquidate any position at any time if a margin call and/or deficit occurs. The customer will be subject to $25.00 liquidation fees by ITG Futures and may be subject to additional fees set by FCM. The customer would be responsible for any deficit that occurs as a result of liquidations. We will make our best efforts to contact customers to address margin call depending on the severity of the call. Accounts that are subject to margin calls may experience higher commissions due to increased risk. Specific day trading margins from select FCMs that are well below average rates may subject you to much higher fees than provided above. Contracts with relatively low liquidity may subject you to additional fees.
The margin rates above were drawn from sources believed to be reliable. Although it is believed that the information provided is accurate, we cannot guarantee the accuracy of this data. For current margin rates, please contact us or visit the exchanges’ Websites listed on our Exchange Access Page. The margins listed on this page are for informational purposes only and are subject to change at any time without notice. Day Trading Margins may differ according to your clearing firm. Please consult your broker to confirm the current margins for your account.
Margin Rules and Disclosure for StoneX
50% initial margin (7:45 am CT to 3:30 pm CT)
Up to 20 contracts (100% margins over 20 contracts):
- Treasuries – 30yr Bond, 2yr-5yr-10yr Notes, Eurodollar
- Currencies – British Pound (6B), Japanese Yen (6J), Euro Currency (6E)
- Metals – Gold
- Grains – Corn, Soybean, Wheat, Soybean Meal, Soybean Oil
- Indices – FTSE 100, Mini-DAX
- Energies – Micro Crude Oil (MCL) and Emini Crude Oil (QM)
- Front-Month only, any contracts past the front-month will be margined at 100%
Up to 10 contracts (100% margins over 10 contracts):
- Energies – Crude Oil (GCL)
- Front-Month only, any contracts past the front-month will be margined at 100%
25% initial margin (7:45 am CT to 3:00 pm CT)
Up to 5 contracts (100% margins over 5 contracts):
- Indices – DAX (FDAX)
All other markets will be at 100% Exchange Initial Margin.
From 3:30 pm CT until the 4:00 pm-close, all margins will be at the 100% level with the exception of all Crude Oil products which will be margined at 125%.
Please be aware that your account must be at full required margin at the 3:30 pm CT or your account may be liquidated.
As always, manage your risk! Contact your broker immediately should you have concerns regarding your account.
Notice: The following parameters are in effect for all Cryptocurrency contracts
- Authorization is required to trade Cryptocurrency products. Please contact your broker who will request authorization from StoneX Futures risk department.
- Day Trade Margins 7:00 am CT – 3:30 pm CT – 100% of Exchange Initial Margin
- Overnight Margins 3:30 pm CT – 7:00 am CT – The customer must have 150% of the Exchange Initial Margin to carry the position overnight. If they do not, they will be required to offset the position.
- Weekend Margins on Friday’s 3:15 pm Close – The customer must have 150% of the Exchange Initial margin to carry the position over the weekend. If they do not, they will be required to offset the position.
NFA Investor Advisory—Futures on Virtual Currencies Including Bitcoin
Notice: The following Margin Requirements are in effect for NYSE FANG+ Index Futures
- Max Position Limit per account is 5 contracts, front-month only. All other expirations are prohibited from trading.
- Day Trade Margins 8:30 am CT – 2:50 pm CT – $1,000 per contract and is subject to change should the market dictate.
- Although the market closes at 5 pm CT, volume is currently concentrated to the NYSE/NASDAQ trading hours. The customer must have 100% of the Exchange Initial Margin to carry the position past 2:50 pm CT. If they do not, they will be required to offset the position.
NOTE:
- Initial margin and day trade values are updated daily at 7:00 am CT.
- Monday-Friday server maintenance is between 4:00 pm and 5:00 pm CT. In addition, we do schedule major updates after the close of business Friday through Saturday. The system will be available at a minimum of 1 hour prior to the pre-market open on Sundays.
- Liquidation Procedures
- In accordance with the Margins section 4 of the Customer Agreement and Disclosures document, StoneX reserves the right to liquidate any commodity positions in your account at its SOLE AND ABSOLUTE DISCRETION without prior notice. Clients are responsible for monitoring their positions and are financially responsible for any losses generated by open positions.
- Without limiting the foregoing, StoneX generally liquidates open positions if the client’s Equity-to-Margin ratio (as defined below) drops below 5%, or the account Net Liquidating Value (NLV) drops below $500.00 (whichever comes first). For accounts with only micro e-mini futures positions, a liquidation may occur when the Net Liquidating Value (NLV) drops below $75.00. In such instances, your account may be locked, open positions may be liquidated, and if our risk management staff liquidates your position due to inaction on your part, a liquidation fee will apply. StoneX’s current liquidation fee is $50.00 per contract.
- Your “Equity-to-Margin ratio” is calculated by dividing your NLV by Initial Margin (IM).
- Day-Trade margin parameters will be brought to full exchange Initial Margin requirements at 3:30 pm CT. For any customer that entered a position using day-trade margins and has not offset their position prior to 3:45 pm CT, the positions MAY be liquidated.
THIS MATERIAL IS CONVEYED AS A SOLICITATION FOR ENTERING INTO A DERIVATIVES TRANSACTION.
TRADING FUTURES AND OPTIONS INVOLVES THE RISK OF LOSS. YOU SHOULD CONSIDER CAREFULLY WHETHER FUTURES OR OPTIONS ARE APPROPRIATE TO YOUR FINANCIAL SITUATION. ONLY RISK CAPITAL SHOULD BE USED WHEN TRADING FUTURES OR OPTIONS. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURES RESULTS.
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