Margin

Futures - Intraday Margin Requirements

Due to market conditions and until further notice, Intraday margin benefit rules for currency futures have temporarily been suspended.

Intraday Futures Margin and Futures Options Hours

The following Futures products will be margined at 50% of the normal margin requirements during normal liquid trading hours for each product type. Each day at 15 minutes before the close of the normal trading session for a product, margin requirements will revert back to the 100% requirement until the opening of normal trading hours the next day. Margin requirements will always be applied at 100% for all spread transactions.

Exchange	Symbol
ECBOT	ZD
ECBOT	ZB
ECBOT	ZN
ECBOT	ZF
ECBOT	ZT
ECBOT	ZQ
ECBOT	DD
ECBOT	YE
ECBOT	YM
GLOBEX	6A
GLOBEX	6B
GLOBEX	6C
GLOBEX	6S
GLOBEX	E7
GLOBEX	6E
GLOBEX	GE
GLOBEX	EED
GLOBEX	ES
GLOBEX	6J
GLOBEX	ND
GLOBEX	NQ
GLOBEX	QCN
GLOBEX	SP/td>
IDEM	MINI
IDEM	SPMIB
CDE	BAX
CDE	CGB
CDE	SXF
DTB	FDAX
DTB	FESX
DTB	FGBL
DTB	FGBM
DTB	FGBS
SOFFEX	FSMI
LIFFE	I
LIFFE	L
LIFFE	R
LIFFE	Z
IPE	WTI
MEFFRV	IX
FTA	FTI
MONEP	FCE
HKFE	ALC
HKFE	BCL
HKFE	BCM
HKFE	BEA
HKFE	BOC
HKFE	CCB
HKFE	CCC
HKFE	CHT
HKFE	CHU

Exchange	Symbol
HKFE	CIT
HKFE	CKH
HKFE	CKI
HKFE	CLI
HKFE	CLP
HKFE	CNC
HKFE	CNM
HKFE	CPA
HKFE	CPC
HKFE	CTC
HKFE	DWM
HKFE	ESP
HKFE	FIH
HKFE	HEH
HKFE	HEX
HKFE	HHI
HKFE	HKB
HKFE	HKG
HKFE	HLD
HKFE	HNP
HKFE	HSB
HKFE	HSI
HKFE	HWL
HKFE	ICB
HKFE	JSE
HKFE	LEH
HKFE	LIF
HKFE	MCH
HKFE	MHI
HKFE	MTR
HKFE	NWD
HKFE	PAI
HKFE	PCC
HKFE	PEC
HKFE	PIC
HKFE	SHK
HKFE	SWA
HKFE	WHL
OSE.JPN	18
OSE.JPN	MN
SNFE	AP
SGX	TW
SGX	NK
SGX	NS
TSE.JPN	10Y
TSE.JPN	TOPX
TSE.JPN	MT
NYMEX	CL
NYMEX	QM

50% Margin Cut-Off Time
Exchange	Normal Trading Margin Commences
ECBOT & Globex	The earlier of 15 minutes before open outcry hours for a product ends or 15:45 pm EST
OneChicago	15:45 EST
European Exchanges (with the exception of DTB)	15 minutes before product trading ends
All Exchanges (except KSE)	We do not offer intraday margin for futures if you have the option based on the future/index in the same portfolio for any exchange (except KSE). For example, if you have a DAX future, you have intraday margin until 21:45. If you have an option on DAX, you will not have any intraday margin for the futures.
HKFE	16:00 HK Time

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