Notice: The Following Margin Requirements Are in Effect for Cboe XBT℠ Bitcoin Futures
- Max Position limit per account is 5 contracts.
- Day Trade Margins 7:00am CT – 4:00pm CT – 100% of Exchange Initial Margin
- Overnight Margins 3:30pm CT – 7:00am CT – The customer must have 125% 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 3:15pm Close – The customer must have 125% for Long Positions and 200% for Short positions 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
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|
| F | G | H | J | K | M | N | Q | U | V | X | Z |
Group by Exchange
| Name | Symbol | Exchange | Init. Margin | Maint. Margin | Day |
|---|---|---|---|---|---|
| Australian Dollar | 6A | CME | $ 1485 | $ 1350 | $ 742.50 |
| Australian Dollar/Japanese Yen | AJY | CME | ¥ 440000 | ¥ 400000 | ¥ 220000 |
| Brazilian Real | 6L | CME | $ 1430 | $ 1300 | $ 715.00 |
| British Pound | 6B | CME | $ 2310 | $ 2100 | $ 1155.00 |
| British Pound/Japanese Yen | PJY | CME | ¥ 621500 | ¥ 565000 | ¥ 310750 |
| Canadian Dollar | 6C | CME | $ 1100 | $ 1000 | $ 550.00 |
| E-micro Australian Dollar | M6A | CME | $ 148 | $ 135 | $ 74 |
| E-micro British Pound | M6B | CME | $ 231 | $ 210 | $ 115.5 |
| E-micro Canadian Dollar | MCD | CME | $ 110 | $ 100 | $ 55 |
| E-micro Euro Fx | M6E | CME | $ 220 | $ 200 | $ 110 |
| E-micro Indian Rupee | MIR | CME | $ 352 | $ 320 | $ 176 |
| E-micro Japanese Yen | MJY | CME | $ 198 | $ 180 | $ 99 |
| E-micro Swiss Franc | MSF | CME | $ 258 | $ 235 | $ 129 |
| E-mini Euro FX | E7 | CME | $ 1100 | $ 1000 | $ 550 |
| E-mini Japanese Yen | J7 | CME | $ 990 | $ 900 | $ 495 |
| Euro FX | 6E | CME | $ 2200 | $ 2000 | $ 1100.00 |
| Euro/British Pound | RP | CME | £ 3190 | £ 2900 | £ 1595 |
| Euro/Japanese Yen | RY | CME | ¥ 385000 | ¥ 350000 | ¥ 192500 |
| Euro/Swiss Franc | RF | CME | CHF. 2200 | CHF. 2000 | CHF. 1100 |
| Indian Rupee | SIR | CME | $ 1760 | $ 1600 | $ 1760.00 |
| Japanese Yen | 6J | CME | $ 1980 | $ 1800 | $ 990.00 |
| Korean Won Futures | KRW | CME | $ 2420 | $ 2200 | $ 1430 |
| Mexican Peso | 6M | CME | $ 1100 | $ 1000 | $ 1100.00 |
| New Zealand Dollar | 6N | CME | $ 1320 | $ 1200 | $ 660 |
| South African Rand | 6Z | CME | $ 1540 | $ 1400 | $ 770.00 |
| Swedish Krona | SEK | CME | $ 6380 | $ 5800 | $ 3,190.00 |
| Swiss Franc | 6S | CME | $ 2585 | $ 2350 | $ 1292.5 |
| US Dollar Index | DX-M | ICE | $ 1815 | $ 1650 | $ 907.50 |
| Name | Symbol | Exchange | Init. Margin | Maint. Margin | Day |
|---|---|---|---|---|---|
| Brent Last Day Financial | BZ | NYMEX | $ 4180 | $ 3800 | $ 2090.00 |
| Crude Oil | GCL | NYMEX | $ 4015 | $ 3650 | $ 1000 |
| Crude Oil TAS | CLT | NYMEX | $ 4015 | $ 3650 | $ 4015 |
| E-mini Crude Oil | QM | NYMEX | $ 2008 | $ 1825 | $ 1004 |
| E-Mini Heating Oil | QH | NYMEX | $ 4318 | $ 3925 | $ 2159 |
| E-Mini Natural Gas | QG | NYMEX | $ 454 | $ 413 | $ 227 |
| E-Mini RBOB Gasoline | QU | NYMEX | $ 2475 | $ 2250 | $ 1237.5 |
| Ethanol | ZE | CBOT | $ 2640 | $ 2400 | $ 1320.00 |
| Heating Oil | GHO | NYMEX | $ 4318 | $ 3925 | $ 2159 |
| Heating Oil TAS | HOT | NYMEX | $ 4318 | $ 3925 | $ 4318 |
| Natural Gas | GNG | NYMEX | $ 1815 | $ 1650 | $ 1815 |
| Natural Gas (Last-Day) | HH | NYMEX | $ 1815 | $ 1650 | $ 907.5 |
| Natural Gas TAS | NGT | NYMEX | $ 1815 | $ 1650 | $ 1815 |
| RBOB Gasoline | GRB | NYMEX | $ 4950 | $ 4500 | $ 2475 |
| RBOB Gasoline TAS | RBT | NYMEX | $ 4950 | $ 4500 | $ 4950 |
| Name | Symbol | Exchange | Init. Margin | Maint. Margin | Day |
|---|---|---|---|---|---|
| 10-Yr Interest Rate Swap | SR | CBOT | $ 1540 | $ 1400 | $ 770 |
| 10-Yr US T-Note | ZN | CBOT | $ 1210 | $ 1100 | $ 605 |
| 2-Yr T-Note | ZT | CBOT | $ 627 | $ 570 | $ 313.5 |
| 30-Day Fed Funds | ZQ | CBOT | $ 770 | $ 700 | $ 385 |
| 30-Yr US T-Bonds | ZB | CBOT | $ 2640 | $ 2400 | $ 1320 |
| 5-Yr Interest Rate Swap | SA | CBOT | $ 1265 | $ 1150 | $ 632.50 |
| 5-Yr T-Note | ZF | CBOT | $ 726 | $ 660 | $ 363 |
| CONF | CONF | EUREX | CHF 1280 | CHF 1280 | CHF 640.00 |
| Euro-Bobl | FGBM | EUREX | € 912 | € 912 | € 456.00 |
| Euro-Bund | FGBL | EUREX | € 2137 | € 2137 | € 1068.50 |
| Euro-Buxl | FGBX | EUREX | € 5142 | € 5142 | € 2571.00 |
| Eurodollar | GE | CME | $ 478 | $ 435 | $ 239 |
| Euro-OAT | FOAT | EUREX | € 2301 | € 2301 | € 1150.50 |
| Euro-Schatz | FGBS | EUREX | € 241 | € 241 | € 120.50 |
| Libor | GLB | CME | $ 330 | $ 300 | $ 165.00 |
| Long Gilt | GLTL | ICEEUF | $ 2013 | $ 1830 | $ 1006.5 |
| Long-Term Euro-BTP | FBTP | EUREX | € 3492 | € 3492 | € 1746.00 |
| Short Sterling | STERL | ICEEUF | £ 263 | £ 239 | £ 131.5 |
| Three Month EuroSwiss | EURCHF | ICEEUF | CHF. 341 | CHF. 310 | CHF. 170.50 |
| Three-Month Euribor | FEU3 | ICEEUF | € 382 | € 348 | € 191 |
| Ultra 10-Year Note | TN | CBOT | $ 1430 | $ 1300 | $ 715 |
| Ultra U.S. Treasury Bond | UB | CBOT | $ 3795 | $ 3450 | $ 1897.5 |
| Name | Symbol | Exchange | Init. Margin | Maint. Margin | Day |
|---|---|---|---|---|---|
| Corn | ZC | CBOT | $ 1100 | $ 1000 | $ 550 |
| Corn TAS | ZCT | CBOT | $ 880 | $ 800 | $ 440.00 |
| Hard Red Spring Wheat (MN) | MWE | MGE | $ 1755 | $ 1350 | $ 877.5 |
| KC HRW Wheat | KE | CBOT | $ 1595 | $ 1450 | $ 797.5 |
| Mini Corn | XC | CBOT | $ 220 | $ 200 | $ 110 |
| Mini Soybeans | XB | CBOT | $ 438 | $ 398 | $ 219 |
| Mini Wheat | XW | CBOT | $ 319 | $ 290 | $ 159.5 |
| Oats | ZO | CBOT | $ 715 | $ 650 | $ 357.5 |
| Rough Rice | ZR | CBOT | $ 1100 | $ 1000 | $ 550 |
| Soybean Meal | ZM | CBOT | $ 1452 | $ 1320 | $ 726 |
| Soybean Meal TAS | ZMT | CBOT | $ 2420 | $ 2200 | $ 1210 |
| Soybean Oil | ZL | CBOT | $ 539 | $ 490 | $ 269.5 |
| Soybean TAS | ZST | CBOT | $ 2530 | $ 2300 | $ 1265 |
| Soybeans | ZS | CBOT | $ 2189 | $ 1990 | $ 1094.5 |
| UK Feed Wheat | WHT | ICEEUS | $ 740 | $ 673 | $ 370 |
| Wheat | ZW | CBOT | $ 1595 | $ 1450 | $ 797.5 |
| Wheat TAS | ZWT | CBOT | $ 1925 | $ 1750 | $ 962.5 |
| Name | Symbol | Exchange | Init. Margin | Maint. Margin | Day |
|---|---|---|---|---|---|
| Bloomberg Commodity Index | AW | CBOT | $ 383.00 | $ 349.00 | $ 191.50 |
| CBOE Volatility Index (Vix) | VX | CFE | $ 8800 | $ 8000 | $ 8800.00 |
| CME Bitcoin | BTC | CME | $ 24400 | $ 22182 | $ 24400 |
| DAX | FDAX | EUREX | € 21722 | € 21722 | € 10861.00 |
| Dow Jones Real Estate Futures | RE | CME | $ 1430 | $ 1300 | $ 715.00 |
| E-Mini Dow ($5) | YM | CBOT | $ 6050 | $ 5500 | $ 500 |
| E-mini NASDAQ 100 | NQ | CME | $ 8360 | $ 7600 | $ 500 |
| E-Mini Russell 2000 | RTY | CME | $ 3905 | $ 3550 | $ 500 |
| E-mini S&P 500 | ES | CME | $ 6930 | $ 6300 | $ 500 |
| E-mini S&P MidCap 400 | EMD | CME | $ 9350 | $ 8500 | $ 4675 |
| EURO STOXX 50 Index | FESX | EUREX | € 2380 | € 2380 | € 1190.00 |
| FTSE 100 Index | FTSE | ICEEUF | £ 3526 | £ 3205 | £ 3526 |
| MDAX | F2MX | EUREX | € 10604 | € 10604 | € 5302.00 |
| Micro E-mini Dow | MYM | CBOT | $ 605 | $ 550 | $ 100 |
| Micro E-mini Nasdaq-100 | MNQ | CME | $ 836 | $ 760 | $ 100 |
| Micro E-mini Russell 2000 | M2K | CME | $ 390 | $ 355 | $ 100 |
| Micro E-mini S&P 500 | MES | CME | $ 630 | $ 630 | $ 100 |
| Mini-DAX | FDXM | EUREX | € 4344 | € 4344 | € 2172.00 |
| MSCI EAFE Index | MFS | ICE | $ 4950 | $ 4500 | $ 2475.00 |
| MSCI Emerging Market Index | MME | ICE | $ 2860 | $ 2600 | $ 1430.00 |
| Nikkei 225/USD | NKD | CME | $ 6160 | $ 5600 | $ 3080 |
| Nikkei 225/Yen | NIY | CME | ¥ 616000 | ¥ 560000 | ¥ 308000 |
| NYSE FANG+ Index | FNG | ICEUSRP | $ 6390 | $ 5810 | $ 1000 |
| S&P 500 | ZSP | CME | $ 34650 | $ 31500 | $ 34650 |
| STOXX Europe 50 Index | FSTX | EUREX | € 1964 | € 1964 | € 982.00 |
| TecDAX | FTDX | EUREX | € 2290 | € 2290 | € 1145.00 |
| VSTOXX | FVS | EUREX | € 621 | € 621 | € 310.50 |
| Name | Symbol | Exchange | Init. Margin | Maint. Margin | Day |
|---|---|---|---|---|---|
| Feeder Cattle | GF | CME | $ 3080 | $ 2800 | $ 3,080.00 |
| Lean Hog | HE | CME | $ 2420 | $ 2200 | $ 2420 |
| Live Cattle | LE | CME | $ 1650 | $ 1500 | $ 1,650.00 |
| Name | Symbol | Exchange | Init. Margin | Maint. Margin | Day |
|---|---|---|---|---|---|
| 1,000-oz. Silver | SIL | COMEX | $ 792 | $ 720 | $ 792 |
| Copper | GHG | COMEX | $ 2970 | $ 2700 | $ 1485 |
| E-Micro Gold | MGC | COMEX | $ 440 | $ 400 | $ 220 |
| E-Mini Copper | QC | COMEX | $ 1485 | $ 1350 | $ 742.5 |
| E-mini Gold | QO | COMEX | $ 2200 | $ 2000 | $ 1100.00 |
| E-Mini Silver | QI | COMEX | $ 1980 | $ 1800 | $ 1980 |
| Gold | GGC | COMEX | $ 4400 | $ 4000 | $ 1500 |
| Gold (ICE) | ZG | ICE | $ 4402 | $ 4002 | $ 2201 |
| Gold Kilo | GCK | COMEX | $ 1363 | $ 1239 | $ 681.50 |
| Mini-Gold (ICE) | ZYG | ICEUSRP | $ 1415 | $ 1287 | $ 707.5 |
| Mini-Silver (ICE) | YI | ICEUSRP | $ 873 | $ 794 | $ 873 |
| Palladium | GPA | COMEX | $ 12925 | $ 11750 | $ 12925 |
| Platinum | GPL | COMEX | $ 1870 | $ 1700 | $ 1870 |
| Silver | GSI | COMEX | $ 3960 | $ 3600 | $ 3960 |
| Silver (ICE) | ZI | ICE | $ 4367 | $ 3970 | $ 4367 |
| Name | Symbol | Exchange | Init. Margin | Maint. Margin | Day |
|---|---|---|---|---|---|
| Cash-Settled Cheese | CSC | CME | $ 935 | $ 850 | $ 467.50 |
| Cocoa | CC-M | ICE | $ 2090 | $ 1900 | $ 1045.00 |
| Coffee | KC-M | ICE | $ 3300 | $ 3000 | $ 1650 |
| Cotton No. 2 | CT-M | ICE | $ 2915 | $ 2650 | $ 1,457.50 |
| London Cocoa | COA | ICEEUS | $ 1287 | $ 1170 | $ 643.5 |
| Milk Class III | DA | CME | $ 1045 | $ 950 | $ 522.50 |
| Milk Class IV | DK | CME | $ 1350 | $ 1000 | $ 675.00 |
| Orange Juice | OJ-M | ICE | $ 1386 | $ 1260 | $ 693 |
| Random Length Lumber | LBS | CME | $ 1760 | $ 1600 | $ 880.00 |
| Robusta Coffee | COF10 | ICEEUS | $ 891 | $ 810 | $ 445.5 |
| Sugar No. 11 | SB-M | ICE | $ 1047 | $ 952 | $ 523.50 |
| White Sugar | WSG | ICEEUS | $ 1089 | $ 990 | $ 544.5 |
Disclaimer:
The above information was drawn from sources believed to be reliable. Although it is believed that information provided is accurate, no guarantee is made. FuturesOnline assumes no responsibility for any errors or omissions.
Note:
- Initial margin and day trade values are updated daily at 7:00 am CST.
- For contracts that have $500 day trading margins, the margin will increase to $1000 outside regular trading hours of 7:30 am to 5 pm CST.
- Monday-Friday server maintenance is between 4:00 pm and 5:00 pm CST. 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 Policy
- The liquidation policy pertains to accounts holding outright futures positions only. The risk on accounts with option positions or inter/intra commodity spreads will continue to be assessed on a case by case basis.
- If you want to place a trade or hold open positions, the Equity-to-Margin ratio in your account must be greater than 5%. If the Equity/Margin ratio drops below 5%, or the Net Liquidating Value (NLV) drops below $500 (whichever comes first), your account may be locked, open positions may be liquidated, and in the event that our risk management staff liquidates your position due to inaction on your part, a liquidation fee will apply.
- Clients are responsible for monitoring their positions and are financially responsible for any losses generated by open positions. Notwithstanding this risk procedure, GAIN Capital Group, LLC retains its right to liquidate positions in any account, at its sole discretion, with no forewarning, all of which are consistent with the terms of provision 11 of the Commodity Customer Agreement.
- Equity/Margin Ratio is calculated by dividing current NLV by Initial Margin (IM).
- Liquidations due to insufficient margins: $50.00 USD/contract.