Introduction to Margin: Margin Accounts
We offer a cash account which requires enough cash in the account to cover transaction plus commissions, and two types of margin accounts: Reg T Margin and Portfolio Margin. New customers must select an account type during the application process and can upgrade or downgrade their account type at any time.
A Portfolio Margin account can provide lower margin requirements than a Reg T Margin account. However, for a portfolio with concentrated risk, the requirements under Portfolio Margin may be greater than those under Reg T, as the true economic risk behind the portfolio may not be adequately accounted for under static Reg T calculations. Customers can compare their current Reg T margin requirements for their portfolio with those current projected under Portfolio Margin rules by clicking the Try PM button from the Account Window in Trader Workstation (demo or customer account).
Requirements and supported products for each of these accounts are detailed in the Account Types section on the Choosing and Configuring Your Account page on our website.
Margin has a different meaning for securities versus commodities. For securities, margin is the amount of cash a client borrows. For commodities, margin is the amount of cash a client must put up as collateral to support a futures contract.
Securities Margin Definition
For securities, the definition of margin includes three important concepts: the Margin Loan, the Margin Deposit and the Margin Requirement. The Margin Loan is the amount of money that an investor borrows from his broker to buy securities. The Margin Deposit is the amount of equity contributed by the investor toward the purchase of securities in a margin account. The Margin Requirement is the minimum amount that a customer must deposit and it is commonly expressed as a percent of the current market value. The Margin Deposit can be greater than or equal to the Margin Requirement. We can express this as an equation:
Margin Loan + Margin Deposit = Market Value of Security
Margin Deposit >= Margin Requirement
Borrowing money to purchase securities is known as "buying on margin". When an investor borrows money from his broker to buy a stock, he must open a margin account with his broker, sign a related agreement and abide by the broker's margin requirements. The loan in the account is collateralized by investor's securities and cash. If the value of the stock drops too much, the investor must deposit more cash in his account, or sell a portion of the stock.
Securities Initial and Maintenance Margin
The Federal Reserve Board and self-regulatory organizations (SROs), such as the New York Stock Exchange and FINRA, have clear rules regarding margin trading. In the United States, the Fed's Regulation T allows investors to borrow up to 50 percent of the price of the securities to be purchased on margin. The percentage of the purchase price of securities that an investor must pay for is called the initial margin. To buy securities on margin, the investor must first deposit enough cash or eligible securities with a broker to meet the initial margin requirement for that purchase.
Once an investor has started buying a stock on margin, the NYSE and FINRA require that a minimum amount of equity be maintained in the investor's margin account. These rules require investors to have at least 25 percent of the total market value of the securities they own in their margin account. This is called the maintenance margin. For market participants identified as pattern day traders, the maintenance margin requirement is a minimum of $25,000 (or 25% of the total market value of the securities, whichever is higher).
When the balance in the margin account falls below the maintenance requirement, the broker can issue a margin call requiring the investor to deposit more cash, or the broker can liquidate the position.
Brokers also set their own minimum margin requirements called "house requirements". Some brokers extend more lenient lending conditions than others and lending terms may also vary from one client to the other but brokers must always operate within the parameters of margin requirements set by regulators.
Not all securities can be bought on margin. Buying on margin is a double-edged sword that can translate into bigger gains or bigger losses. In volatile markets, investors who borrowed from their brokers may need to provide additional cash if the price of a stock drops too much for those who bought on margin or rallies too much for those who shorted a stock. In such cases, brokers are also allowed to liquidate a position, even without informing the investor. Real-time position monitoring is a crucial tool when buying on margin or shorting a stock.
Commodities Margin Definition
Commodities margin is the amount of equity contributed by an investor to support a futures contract. This can be expressed as a simple equation:
Collateral = Amount of Equity Required to Support Futures Contract
Collateral >= Margin Requirement
Margin requirements for futures and futures options are established by each exchange through a calculation algorithm known as SPAN margining. SPAN (Standard Portfolio Analysis of Risk) evaluates overall portfolio risk by calculating the worst possible loss that a portfolio of derivative and physical instruments might reasonably incur over a specified time period (typically one trading day.) This is done by computing the gains and losses that the portfolio would incur under different market conditions. The most important part of the SPAN methodology is the SPAN risk array, a set of numeric values that indicate how a particular contract will gain or lose value under various conditions. Each condition is called a risk scenario. The numeric value for each risk scenario represents the gain or loss that that particular contract will experience for a particular combination of price (or underlying price) change, volatility change, and decrease in time to expiration.
Commodities Initial and Maintenance Margin
Just like securities, commodities have require initial and maintenance margins. These are typically set by the individual exchanges as a percentage of the current value of a futures contract, based on the volatility and price of the contract. The initial margin requirement for a futures contract is the amount of money you must put up as collateral to open position on the contract. To be able to buy a futures contract, you must meet the initial margin requirement, which means that you must deposit or already have that amount of money in your account.
Maintenance margin for commodities is the amount that you must maintain in your account to support the futures contract and represents the lowest level to which your account can drop before you must deposit additional funds. Commodities positions are marked to market daily, with your account adjusted for any profit or loss that occurs. Because the price of underlying commodities fluctuates, it is possible that the value of the commodity may decline to the point at which your account balance falls below the required maintenance margin. If this happens, brokers typically make a margin call, which means you must deposit additional funds to meet the margin requirement.
Real-Time Margining
We uses real-time margining to allow you to see your trading risk at any moment of the day. Our real-time margin system applies margin requirements throughout the day to new trades and trades already on the books and enforces initial margin requirements at the end of the day, with real-time liquidation of positions instead of delayed margin calls. This system allows us to maintain our low commissions because we do not have to spread the cost of credit losses to customers in the form of higher costs.
The Account Window in Trader Workstation (demo or customer account) shows your margin requirements at any time.
Universal AccountSM
Your Universal Account provides you with the ability to trade both securities and commodities/futures and therefore consists of two underlying accounts, a securities account governed by rules of the U.S. Securities and Exchange Commission (SEC) and a futures account governed by rules of the U.S. Commodity Futures Trading Commission (CFTC).
Whether you have assets in a securities account or in a futures account, your assets are protected by U.S. federal regulations governing how brokers must protect your property and funds. In the securities account, your assets are protected by SEC and SIPC rules. In the IB futures account, your assets are protected by CFTC rules requiring segregation of customer funds. You are also protected by our strong financial position and our conservative risk management philosophy. See our Strength & Security page.
As part of the IB Universal Account service, IB is authorized to automatically transfer funds as necessary between your IB securities account and your IB futures account in order to satisfy margin requirements in either account. You can configure how you want IB to handle the transfer of excess funds between accounts on the Excess Funds Sweep page in Account Management: you can choose to sweep funds to the securities account, to the futures account, or you can choose to not sweep excess funds at all.
Margin Model
Margin requirements are calculated either on a rules basis and/or a risk basis.
| Margin Calculation Basis | Available Products |
| Rule-Based Margin System: Predefined and static calculations are applied to each position or predefined groups of positions ("strategies"). | Reg T accounts: US stocks, index options, stock options, single stock futures, and mutual funds. All accounts: Forex; bonds; Canadian, European, and Asian stocks; and Canadian stock options and index options. |
| Risk-Based Margin System: Exchanges consider the maximum one day risk on all the positions in a complete portfolio, or subportfolio together (for example, a future and all the options delivering that future). | Portfolio Margin accounts: US stocks, index options, stock options, single stock futures, and mutual funds. All accounts: All futures and future options in any account. Non-US/Non-Canadian stock options and index options in any account. |
Margin requirements for each underlying are listed on the appropriate exchange site for the contract. A summary of the requirements for the major futures contracts as well as links to the exchange sites are available on the Futures & FOPs tab above.
Supplemental Margin Model
Systems that derive risk-based margin requirements deliver adequate assessments of the risk for complex derivative portfolios under small/moderate move scenarios. Such systems are less comprehensive when considering large moves in the price of the underlying stock or future. We have enhanced the basic exchange margin models with algorithms that consider the portfolio impact of larger moves up 30% (or even higher for extremely volatile stocks). This 'Extreme Margin Model' may increase the margin requirement for portfolios with net short options positions, and is particularly sensitive to short positions in far out-of-the-money options.
If you sell a security short, you must have sufficient equity in your account to cover any fees associated with borrowing the security. If you borrow the security through us, we will borrow the security on your behalf and your account must have sufficient collateral to cover the margin requirements of the short sale.To cover administrative fees and stock borrowing fees, we must post 102% of the value of the security borrowed as collateral with the lender. In instances in which the security shorted is hard to borrow, borrowing fees charged by the lender may be so high (greater than the interest earned) that the short seller must pay additional interest for the privilege of borrowing a security. Customers may view the indicative short stock interest rates for a specific stock through the Short Stock (SLB) Availability tool located in the Tools section of their Account Management page. For more information concerning shorting stocks and associated fees, visit our Stock Shorting page.
- In the interest of ensuring the continued safety of its clients, IB may modify certain margin policies to adjust for unprecedented volatility in financial markets. The changes will promote reduction of leverage in client portfolios and help ensure that clients' accounts are appropriately capitalized.
- IB is focused on prudent, realistic, and forward looking approaches to risk management. In order to provide the broadest notification to our clients, we will post announcements to the IB System Status page. We strongly encourage all clients to monitor this web page for advance alerts regarding margin policy changes.
- Note that the credit check for order entry always considers the initial margin of existing positions. Therefore, although an account may be holding an existing position at 35%, for example, it is the initial margin requirement of that position that is used in the credit check calculation for order acceptance.
- The market values/prices used to compute the equity or margin requirement in an Interactive account may differ from the price disseminated by exchanges or other market data sources, and may represent Interactive's valuation of the product. Among other things, Interactive may calculate its own index values, Exchange Traded Fund values or derivatives values, and Interactive may value securities or futures or other investment products based on bid price, offer price, last sale price, midpoint or using some other method. Interactive may use a valuation methodology that is more conservative than the marketplace as a whole.
http://www.interactivebrokers.com/en/p.php?f=margin&p=overview
Margin Calculations for Reg T Margin Accounts
IB applies margin calculations to Reg T Margin accounts as follows:
- At the time of a trade.
- In real-time throughout the trading day.
- At the end of the trading day.
- Overnight.
One important thing to remember about our margin calculations is that we apply the Regulation T initial margin requirement at the end of the trading day (3:50 PM) as part of our Special Memorandum Account (SMA) calculation. At the time of trade and in real time throughout the trading day, we apply our own margin calculations, which are described below.
You can also use the following liquidation calculations:
- How to Determine the Last Stock Price Before We Begin to Liquidate the Position?
- How Much Stock Do We Liquidate?
You can monitor most of the values used in the calculations described on this page in real time in the Account Window in Trader Workstation. For more information about real-time margin monitoring, click the Real-Time Monitoring link above.
1. Time of Trade Margin Calculations
When you open a new position, we apply the following:
- Initial Minimum Equity Requirement
- Time of Trade Initial Margin Calculation
- Time of Trade Position Leverage Check
Initial Minimum Equity Requirement
You are required to have a minimum of $2,000 or USD equivalent of securities equity with loan value or commodities net liquidation value to open a new position. If you do not meet this initial requirement, you will be unable to open a new position in your Reg T Margin account.
Time of Trade Initial Margin Calculation
Upon submission of an order, a check is made against real-time available funds. If available funds, after the order request, would be greater than or equal to zero, the order is accepted; if available funds would be negative, the order is rejected.
Time of Trade Initial Margin calculations are pictured below. The initial margin used in these calculations is IB's initial margin, which is listed on the product-specific Margin pages.
Securities Time of Trade Initial Margin Calculation
(Available Funds = Securities Equity with Loan Value - Initial Margin Requirement)
Commodities Time of Trade Initial Margin Calculation
(Available Funds = Commodities Net Liquidation Value - Initial Margin Requirement as set by the exchange)
Time of Trade Position Leverage Check
At the time of a trade, we also check the leverage cap for establishing new positions. The leverage limitation is a house margin requirement that limits the risk associated with the close-out of large positions held on margin. We perform the following calculation to ensure that the Gross Position Value is not more than 30 times the Net Liquidation Value minus the futures options value:
If the result of this calculation is true, then you have not exceeded the leverage cap for establishing new positions. If the trade would put your account over the leverage cap (that is, the calculation is not true), then the order will not be accepted.
2. Real-Time Margin Calculations
Throughout the trading day, we apply the following calculations to your account in real-time:
- Real-Time Maintenance Margin Calculation
- Real-Time Position Leverage Check
- Real-Time Cash Leverage Check
- Decreased Marginability Calculations
- Real-Time SMA Calculation
- Soft Edge Margining
Real-Time Maintenance Margin Calculation
IB's Real-Time Maintenance Margin calculations is pictured below. The maintenance margin used in these calculations is IB's maintenance margin requirement, which is listed on the product-specific Margin pages. In the calculations below, "Excess Liquidity" refers to excess maintenance margin equity.
Securities Real-Time Maintenance Margin Calculation
(Excess Liquidity= Securities Equity with Loan Value - Maintenance Margin Requirement)
Commodities Real-Time Maintenance Margin Calculation
(Excess Liquidity= Commodities Net Liquidation Value - Maintenance Margin Requirement)
In addition, any account that has a negative cash balance on a trade date or settlement date basis will be liquidated. It should be noted whereas futures settle each night, futures options are generally treated on a premium style basis, which means that they will not settle until the options are sold or expire. Therefore, for certain combination futures and futures options positions, there may be a mismatch in cash flows which could cause cash to go negative even though Net Liquidation Value is positive. In addition, there are a handful of options where local custom is to cash settle the option each night at the clearing house (e.g. HKFE HSI Options), but we may choose to margin these options on a premium style basis.
Real-Time Gross Position Leverage Check
There is a real-time check on overall position leverage to ensure that the Gross Position Value is not more than 50 times the Net Liquidation Value minus the futures options value. The leverage limitation is a house margin requirement that limits the risk associated with the close-out of large positions held on margin. The calculation can be expressed as:
If the result of this calculation is not true, positions may be liquidated to reduce the Gross Position Leverage.
Real-Time Cash Leverage Check
An additional leverage check on cash is made to ensure that the total FX settlement value is no more than 250 times the Net Liquidation Value as follows:
If the result of this calculation is not true, account liquidation may occur.
Decreased Marginability Calculations
IB reduces the marginability of stocks for accounts holding concentrated positions relative to the shares outstanding (SHO) of a company. For Reg T accounts, this algorithm increases the margin requirement for stock positions exceeding 1% of the published SHO from its default to 100% (in other words, decreases the amount of money that can be borrowed against a stock position toward zero). At 5% concentration, positions have a 100% margin requirement.
Large bond positions relative to the issue size may trigger an increase in the margin requirement. The review of bond marginability is done periodically to consider redemptions and calls, as well as other factors, which may affect the remaining liquidity of the particular bond instrument. Less liquid bonds are given less favorable margin treatment.
Soft Edge Margining
IB will automatically liquidate when an account falls below the minimum margin requirement. However, to allow a customer the ability to manage risk prior to an IB-initated liquidation, we calculate Soft Edge Margin (SEM) during the trading day. From the start of the trading day until 15 minutes before the close of the trading day, Soft Edge Margin allows for an account's margin deficit to be within a specified percentage of the account's Net Liquidation Value, currently 10%. When SEM ends, the full maintenance requirement must be met. When SEM is not applicable, the account must meet 100% of maintenance margin.
Soft Edge Margin start time of a contract is the latest of:
- the market open, the latest open time if listed on multiple exchanges;
- or the start of liquidation hours
Soft Edge Margin end time of a contract is the earliest of:
- 15 minutes before market close, the earliest close time if listed on multiple exchanges;
- or 15 minutes before the end of liquidation hours;
- or the start of Reg T enforcement time.
If an account falls below the miniumum maintenance margin, it will not be automatically liquidated until the it falls below the Soft Edge Margin. This allows a customer's account to be in margin violation for a short period of time. Soft Edge Margin is not displayed in Trader Workstation. Once the account falls below SEM however, it is then required to meet full maintenance margin.
Please note that IB reserves the right to restrict soft edge access on any given day, and may eliminate SEM completely in times of heightened volatility.
3. SMA and End of Day Calculations
Real-Time SMA
On a real-time basis, we check the balance of a special account associated with your Reg T Margin account called the Special Memorandum Account (SMA). We calculate a running balance of your SMA throughout the trading day, then enforce Regulation T initial margin requirements at the end of the trading day. No cash withdrawal will be allowed that causes SMA to go negative on a real-time basis.
End of Day SMA
As described above, we calculate SMA in real time throughout the trading day, but we enforce Regulation T initial margin requirements (typically 50% for stocks or 100% for nonmarginable securities) at the end of the trading day. Whenever you have a position change on a trading day, we check the balance of your SMA at the end of the US trading day (15:50-17:20 ET), to ensure that it is greater than or equal to zero.
We use the following calculation to check your SMA balance in real time and apply Regulation T initial margin requirements to securities that can be purchased on margin. Note that this is the same SMA calculation that is used throughout the trading day. In the first calculation, "today's trades initial margin requirements" are added for SELL orders and subtracted for BUY orders, and are based on US Regulation T Initial Margin requirements.
or
(Equity with Loan Value - Reg T Margin))
whichever is greater
If the SMA balance at the end of the trading day is negative, your account is subject to liquidation.
SMA Rules
SMA is calculated based on the following rules:
- Cash deposits are credited to SMA.
- Cash withdrawals are debited from SMA.
- Dividends are credited to SMA.
- Trades are netted on a per contract per day basis.
- Realized pnl, i.e. day trading pnl are posted to SMA.
- Commission and tax are debited from SMA.
- All trades (one per contract) are posted to the portfolio at the end of the trading day, if RegTMargin of the portfolio increases, the increased amount is debited from SMA, if RegTMargin of the portfolio decreases, the decreased amount is credited to SMA. The current price of the underlying, if needed, is used in this calculation.
- Option sales proceeds are credited to SMA.
- Premiums for options purchased are debited from SMA.
The change to SMA resulting from trades is effectively the change in RegTEquity minus the change in RegTMargin.
- Universal transfers are treated the same way cash deposits and withdrawals are treated.
- Market appreciation: If RegTExcess of a margin account is greater than SMA at the close (normally 16:00 US/Eastern), SMA is set to equal to RegTExcess. Note that SMA balance will never decrease because of market movements. RegTExcess = 0 or (RegTEquity - RegTMargin), whichever is greater.
- Currency trades do not affect SMA.
- Fees, such as order cancellation fee, market data fee, etc. do not affect SMA.
- Exercises and assignments (EA) are reported to the credit manager when we receive reports from clearing houses. They will be treated as trades on that day. For example, on expiration, we receive EA notices on the weekend; these trades have Friday as trade date in the clearing system, but they will be treated as Monday's trade for SMA purposes by the credit manager. Exercise requests do not change SMA. DVP transactions are treated as trades.
4. Overnight Margin Calculations
Stocks and futures have additional margin requirements when held overnight. For overnight margin requirements for stocks, click the Stocks tab above. Futures margin requirements are determined by each exchange and can change frequently. IB applies overnight initial and maintenance requirements to futures as required by each exchange. For more information, click the Futures tab above.
5. How to Determine the Last Stock Price Before We Begin to Liquidate the Position?
Use the following series of calculations to determine the last stock price of a position before we begin to liquidate that position. Note that this calculation applies only to single stock positions.
To see an example click the Examples link at top of page.
6. How Much Stock Do We Liquidate?
As shown on the Margin Calculations page, we calculate the amount of Excess Liquidity (margin excess) in your Reg T Margin account in real time. If your Excess Liquidity balance is less than zero, we will liquidate positions in your account to bring the Excess Liquidity balance up to at least zero.
You can use the following calculation to determine how much stock equity we will liquidate in your Reg T Margin account to bring your Excess Liquidity balance back to zero. Note that this calculation applies only to stocks.
To see an example click the Examples link at top of page.
- Note that the credit check for order entry always considers the initial margin of existing positions. Therefore, although an account may be holding an existing position at 35%, for example, it is the initial margin requirement of that position that is used in the credit check calculation for order acceptance.
- IB Japan margin accounts are not subject to US Regulation T margin requirements, which IB enforces at the end of the trading day.
- All liquidations are subject to the normal commission schedule. Advisor clients will not be subject to advisor fees for any liquidating transaction.
- Calculated at the end of the day under US margin rules.
- Initial margin requirements calculated under US Regulation T rules. You can find these requirements by using our Contract Search feature to find a specific symbol, then drilling down to the details.
- Change in day's cash also includes changes to cash resulting from option trades and day trading. Changes in cash resulting from other trades are not included.
http://www.interactivebrokers.com/en/p.php?f=margin&p=overview1
Margin Examples
Example: Securities Margin Example
The following table shows an example of a typical sequence of trading events involving securities and how they affect a Regulation T (Reg T) Margin Account.[1]
| Day 1: Deposit $10,000.00 Cash in Margin Account. After the deposit, account values look like this: |
||
|---|---|---|
| Cash = | $10,000.00 | |
| Securities Market Value = | $0.00 | No positions held |
| Equity with Loan Value (ELV) = | $10,000.00 | Total cash value + stock value + bond value + fund value + European & Asian options value |
| IB Initial Margin = | $0.00 | IM = 25% * Stock Value |
| Maintenance Margin (MM) = | $0.00 | MM = 25% * Stock Value |
| Available Funds = | $10,000.00 | ELV - IM |
| Excess Liquidity | $10,000.00 | ELV - MM |
| Day 1: End of Day SMA Calculation | ||
|---|---|---|
| Reg T Margin = | $0.00 | Reg T Margin = 50% * Stock Value |
| SMA = | $10,000.00 | (Prior Day SMA +/- Change in Day's Cash +/- Today's Trades Reg T Initial Margin) or (Equity with Loan Value - Reg T Margin) whichever is greater |
| SMA >= 0 | SMA Requirement Satisfied, NO liquidation | |
| Day 2: Customer BUYS 500 shares of XYZ stock at $40.00/share. Total Amount = $20,000.00. After the trade, account values look like this: | ||
|---|---|---|
| Cash = | ($10,000.00) | |
| Securities Market Value = | $20,000.00 | |
| Equity with Loan Value = | $10,000.00 | |
| IB Initial Margin = | $5,000.00 | IM = 25% * Stock Value |
| Maintenance Margin = | $5,000.00 | MM = 25% * Stock Value |
| Available Funds = | $5,000.00 | ELV-IM Available Funds were >=0 at the time of the trade, so the trade was submitted. |
| Excess Liquidity | $5,000.00 | ELV - MM |
| Day 2: End of Day SMA Calculation | ||
|---|---|---|
| Reg T Margin = | $10,000.00 | RegT Margin = 50% * Stock Value |
| SMA = | $0.00 | ($10,000.00 – $0.00 – $10,000.00) or ($10,000.00 – $10,000.00) Whichever is greater |
| SMA >= 0 | SMA Requirement Satisfied, NO liquidation | |
| Day 3: First, the price of XYZ rises to 45.00/share. Account values now look like this: | ||
|---|---|---|
| Cash = | ($10,000.00) | |
| Securities Market Value = | $22,500.00 | |
| Equity with Loan Value = | $12,500.00 | |
| IB Initial Margin = | $5,625.00 | IM = 25% * Stock Value |
| Maintenance Margin = | $5,625.00 | MM = 25% * Stock Value |
| Available Funds = | $6,875.00 | ELV-IM |
| Excess Liquidity | $6,875.00 | ELV - MM Excess Liquidity >=0, so NO LIQUIDATION occurs. |
| Day 3: Then the price of XYZ falls to $35.00/share. Account values now look like this: | ||
|---|---|---|
| Cash = | ($10,000.00) | |
| Securities Market Value = | $17,500.00 | |
| Equity with Loan Value = | $7,500.00 | |
| IB Initial Margin = | $4,375.00 | IM = 25% * Stock Value |
| Maintenance Margin = | $4,375.00 | MM = 25% * Stock Value |
| Available Funds = | $3,125.00 | ELV-IM |
| Excess Liquidity | $3,125.00 | ELV - MM |
| Day 3: End of Day SMA Calculation | ||
|---|---|---|
| Reg T Margin = | $8,750.00 | RegT Margin = 50% * Stock Value |
| SMA = | $0.00 | ($0.00 +/– $0.00 + $0.00) or ($7,500.00 – $8,750.00) Whichever is greater |
| SMA >= 0 | SMA Requirement Satisfied, NO liquidation | |
| Day 4: Customer SELLS 500 shares of XYZ at $45.00/share. Total Amount = $22,500.00. After the trade, account values look like this: | ||
|---|---|---|
| Cash = | $12,500.00 | |
| Securities Market Value = | $0.00 | Positions no longer held. |
| Equity with Loan Value = | $12,500.00 | |
| IB Initial Margin = | $0.00 | IM = 25% * Stock Value |
| Maintenance Margin = | $0.00 | MM = 25% * Stock Value |
| Available Funds = | $12,500.00 | ELV-IM |
| Excess Liquidity | $12,500.00 | ELV - MM |
| Day 4: End of Day SMA Calculation | ||
|---|---|---|
| Reg T Margin = | $0.00 | RegT Margin = 50% * Stock Value |
| SMA = | $12,500.00 | ($0.00 +/– $0.00 + $11,250.00) or ($12,500.00 – $0.00) Whichever is greater |
| SMA >= 0 | SMA Requirement Satisfied, NO liquidation | |
| Day 5: Customer attempts to BUY 500 shares of ABC stock at $101.00/share. Total Amount = $50,500.00. Account values at the time of the attempted trade would look like this: | ||
|---|---|---|
| Cash = | $12,500.00 | |
| Securities Market Value = | $0.00 | |
| Equity with Loan Value = | $12,500.00 | |
| IB Initial Margin = | $12,625.00 | IM = 25% * Stock Value |
| Maintenance Margin = | $12,625.00 | MM = 25% * Stock Value |
| Available Funds = | ($125.00) | ELV-IM |
| Excess Liquidity | ($125.00) | ELV - MM |
| Available Funds <=0, | so the trade is Rejected. | |
| Day 5: Later on Day 5, the customer buys some stock. Customer BUYS 300 shares of ABC stock at $100.00/share. Total Amount = $30,000.00. After the trade, account values look like this: |
||
|---|---|---|
| Cash = | ($17,500.00) | |
| Securities Market Value = | $30,000.00 | |
| Equity with Loan Value = | $12,500.00 | |
| IB Initial Margin = | $7,500.00 | IM = 25% * Stock Value |
| Maintenance Margin = | $7,500.00 | MM = 25% * Stock Value |
| Available Funds = | $5,000.00 | ELV-IM |
| Excess Liquidity | $5,000.00 | ELV - MM |
| Day 5: End of Day SMA Calculation | ||
|---|---|---|
| Reg T Margin = | $15,000.00 | RegT Margin = 50% * Stock Value |
| SMA = | -$2,500.00 | ($12,500 +/– $0.00 – $15,000.00) or ($12,500.00 – $15,000.00) Whichever is greater |
| SMA = ($2,500.00) which is < 0 | Shares are Liquidated. | |
| Day 5: Consider an alternate Day 5 scenario in which the price of ABC stock drops. Price of ABC stock drops to $75.00/share. Account values would now look like this: |
||
|---|---|---|
| Cash = | ($17,500.00) | |
| Securities Market Value = | $22,500.00 | |
| Equity with Loan Value = | $5,000.00 | |
| IB Initial Margin = | $5,625.00 | IM = 25% * Stock Value |
| Maintenance Margin = | $5,625.00 | MM = 25% * Stock Value |
| Available Funds = | ($625.00) | ELV-IM |
| Excess Liquidity | ($625.00) | ELV - MM |
| Excess Liquidity < 0, | so shares will be Liquidated. | |
Example: Commodities Margin Example
The following table shows an example of a typical sequence of trading events involving commodities. Although our Universal Account automatically transfers funds between the securities and commodities segments of the account, to simplify the following example, we will assume that the cash in the account remains in the Commodities segment of the account.
| Action | Cash | Margin Requirement | Net Liquidation Value |
|---|---|---|---|
| 1. Deposit $5,000.00 | + $5,000.00 | $5,000.00 | |
| 2 Buy 1 ES Futures Contract | $5,000.00 | $2,813.00 | $5,000.00 |
| $850.00 * 50 (multiplier) ES Initial Margin Requirement = $2,813.00 |
|||
| 3. End of Day: ESprice goes to $860.00 | $5,500.00 | $2813.00 | $5,500.00 |
| Gained $10.00 * 50 = $500.00 | |||
| Net Liquidation Value > $2,813.00 | No Liquidation. | ||
| 4. Next Day: ES price drops to $810.00 | $3,000.00 | $4,500.00 | $3,000.00 |
| Lost $50.00 * 50 = $2,500.00 | |||
| Net Liquidation Value < $4,500.00 Overnight Maintenance Margin | Liquidation occurs. | ||
Example: How to Determine the Last Stock Price Before We Begin to Liquidate the Position
For example, suppose a customer buys 2,000 shares of ABC stock at $10.00/share on margin. The loan amount in this case is $10,000.00, so the calculations would be: (1)
| 1. Customer deposits $10,000 in Reg T Margin account. | ||
|---|---|---|
| Cash = | $10,000.00 | |
| Securities Market Value = | $0.00 | |
| Equity with Loan Value = | $10,000.00 | |
| Maintenance Margin = | $0.00 | MM = 25% * Stock Value |
| Excess Liquidity | $10,000.00 | ELV - MM |
| 2. Customer buys $20,000.00 of ABC stock (2,000 shares at $10.00/share) | ||
|---|---|---|
| Cash = | ($10,000.00) | |
| Securities Market Value = | $20,000.00 | |
| Equity with Loan Value = | $10,000.00 | |
| Maintenance Margin = | $5,000.00 | MM = 25% * Stock Value |
| Excess Liquidity | $5,000.00 | ELV - MM |
| 3. The price of ABC begins to drop. Determine the last stock price of ABC before we begin to liquidate the position: |
||
|---|---|---|
| Cash = | ($10,000.00) | |
| Securities Market Value = | $13,333.33 | |
| Equity with Loan Value = | $3,333.33 | |
| Maintenance Margin = | $3,333.33 | MM = 25% * Stock Value |
| Excess Liquidity = | $0.00 | ELV - MM |
| Price = | ($10,000 / 2,000) / (.75) = $6.6667(2) | |
Example: How Much Stock Do We Liquidate?
In the following example, a customer buys stock, but then the price of the stock drops enough to bring the Excess Liquidity balance below zero, prompting liquidation.
| 1. Customer deposits $10,000 in Reg T Margin account. | ||
|---|---|---|
| Cash = | $10,000.00 | |
| Securities Market Value = | $0.00 | |
| Equity with Loan Value (ELV) = | $10,000.00 | |
| Maintenance Margin (MM) = | $0.00 | MM = 25% * Stock Value |
| Excess Liquidity | $10,000.00 | ELV - MM |
| 2. Customer buys $20,000.00 of ABC stock (2,000 shares at $10.00/share) | ||
|---|---|---|
| Cash = | ($10,000.00) | |
| Securities Market Value = | $20,000.00 | |
| Equity with Loan Value = | $10,000.00 | |
| Maintenance Margin = | $5,000.00 | MM = 25% * Stock Value |
| Excess Liquidity | $5,000.00 | ELV - MM |
| 3. The price of ABC drops to $6.00/share | ||
|---|---|---|
| Cash = | ($10,000.00) | |
| Securities Market Value = | $12,000.00 | |
| Equity with Loan Value = | $2,000.00 | |
| Maintenance Margin = | $3,000.00 | MM = 25% * Stock Value |
| Excess Liquidity | -$1,000.00 | ELV - MM |
| Excess Liquidity is now < 0, so positions will be liquidated to bring Excess Liquidity back to at least zero. | ||
| 4. Determine the liquidation amount using the calculation listed above: | |
|---|---|
| Liquidation Amount | = $1,000.00 * 4 |
| = $4,000.00 | |
| 5. After liquidation, the customer's account balances look like this: | ||
|---|---|---|
| Cash = | ($6,000.00) | Original $10,000.00 loan – Liquidation Amount |
| Securities Market Value = | $8,000.00 | $12,000.00 Market Value – Liquidation Amount |
| Equity with Loan Value = | $2,000.00 | |
| Maintenance Margin = | $2,000.00 | MM = 25% * Stock Value |
| Excess Liquidity | $0.00 | ELV - MM |
| Note that this ONLY brings the Excess Liquidity balance back to zero. Depositing more than this amount will provide the ability to open additional positions and/or a cushion to prevent further liquidation. | ||
- The example uses Initial and Maintenance Margins of 25%. These percentages are used for illustrative purposes only and do not necessarily reflect current Interactive Brokers margin rates.
- Using a margin requirement of 25%, the account would become subject to liquidation at a price of (Cash Borrowed / # of Shares) / (1 – margin rate). Using the values in the above example, the account would become subject to liquidation when the price falls to (10,000 / 2,000) / (1 - .25), or $6.6667.
http://www.interactivebrokers.com/en/p.php?f=margin&p=overview3
Real-time Monitoring
Unlike other brokers who calculate margin only at the end of the trading day, IB provides real-time data that gives you the edge you need to react quickly to the markets. The Margin Requirements section of the Account window allows you to understand your trading risk at any moment of the day by calculating requirements for initial margin (at the time of the trade) and maintenance margin (when holding positions) on a real time basis.
For more information regarding any of the real-time monitoring features mentioned here, see the TWS Users' Guide.
The TWS Account Window
The Account window in Trader Workstation lets you monitor every aspect of your account activity, including the values used in IB's margin calculations. We present key account values as the default when you first open the Account window, and you can expand each section of the Account window to display all values.
The Account window displays real-time values, including those listed below.
Balances
For more information on any of the real-time monitoring features mentioned here, as well as a table containing definitions of all values, see the TWS Users' Guide.
Margin Requirements
For more information on any of the real-time monitoring features mentioned here, as well as a table containing definitions of all values, see the TWS Users' Guide.
Available for Trading
For more information on any of the real-time monitoring features mentioned here, as well as a table containing definitions of all values, see the TWS Users' Guide.
Margin What-Ifs
Margin scenarios provide the margin implications of any transaction before transmitting an order. From the trading window, right click any order row and select Preview Order/Check Margin. Commission for the trade is also displayed.
Note:
This portfolio margin estimate is by way of example only based on current margin requirements. The margin estimate we are providing you does not represent a specific agreement to provide these margin terms and is not a guarantee or warranty that your account will be margined in the manner described in this margin estimate. Please note that margin terms are subject to change at any time, including between now and when you open your account or transfer positions to Interactive. Among other things, IB just like other brokers, can increase its "house" maintenance margin requirements at any time and is not required to provide you with advance written notice.
Margin Warnings
IB will automatically liquidate when the account falls below the minimum maintenance margin requirement. To help avoid this scenario, TWS provides pop-up warning messages and color-coded account information as a notification that you are approaching a margin deficiency. This allows you to take action such as entering margin-reducing trades instead of risking liquidations.
To help customers monitor margin deficiencies, TWS displays color-coded messages on the Account Screen and pop-up warning messages to notify customers that they are approaching their margin limits. This feature allows you to take action, such as entering margin-reducing trades, to avoid having IB liquidate your positions. The colors on the Account screen convey the following information at a glance:
Yellow - You have only a 5% cushion above the margin requirement.
Orange - Your margin cushion is depleted and you have a short time to enter into margin-reducing trades before IB begins to liquidate your positions. During this time you should be able to enter a trade that will decrease your margin requirement, but not increase.
Red - IB will shortly start to liquidate positions as necessary to bring your account back within the margin limits.
Margin Reports
Margin reports show margin requirements for single and combination positions, and display both available and excess liquidity. Each day at 16:15 ET we record your margin and equity information across all asset classes and exchanges.
You can access your margin reports under the Margin Report menu item (Report Management) within Account Management. Here is an example of a portion of a margin report.
http://www.interactivebrokers.com/en/p.php?f=margin&p=overview2
US Stocks
The following table lists margin calculations for Reg T Margin, Cash and Reg T Margin - IRA Accounts. See our Portfolio Margin page for US Stock requirements in a Portfolio Margin account.
The NYSE and FINRA have imposed rules to limit small investor day trading. Customers that these organizations classify as Pattern Day Traders are subject to special Day Trading Restrictions for US securities.
The following table shows stock margin requirements for initial (at the time of trade), maintenance (when holding positions), and Overnight Reg T (Regulatory End of Day Requirement) time periods.
These formulas make use of the functions Maximum (x, y, ..), Minimum (x, y, ..) and If (x, y, z). The Maximum function returns the greatest value of all parameters separated by commas within the paranthesis. As an example, Maximum (500, 2000, 1500) would return the value 2000. The Minimum function returns the least value of all parameters separated by commas within the paranthesis. As an example, Minimum (500, 2000, 1500) would return the value of 500. The If function checks a condition and if true uses formula y and if false formula z. As an example If (20 < 0, 30, 60) would return the value 60.
Long Position
| Initital Margin | 25% 1 * Stock Value |
| Maintenance Margin | Same as Initial. |
| Reg T End of Day Margin Account | 50% 2 * Stock Value |
| Cash, Individual or IRA | 100% * Stock Value |
| Reg T Margin - IRA | Same as Cash |
Short Positions
| Initital Margin | 30% 3 * Stock Value |
| Maintenance Margin | 30% * Stock Value if Stock Value > $16.67 $5.00 if Stock Value < $16.67 and > $5.00 100% * Stock Value if Stock Value < $5.00 $2.50 if Stock Value <= $2.50 |
| Reg T End of Day Margin Account | Same as Reg T End of Day for Long Positions. |
| Cash, Individual or IRA | N/A |
| Reg T Margin - IRA | Same as Cash |
Non-Marginable Long or Short Positions
| Initital Margin | 100% * Stock Value |
| Maintenance Margin | Same as Initial. |
| Reg T End of Day Margin Account | Same as Initital. |
| Cash, Individual or IRA | Same as Initial, Only Long Positions |
| Reg T Margin - IRA | N/A |
Click here to learn more about our Reg T End of Day margin calculations.
- All Margin accounts must have a minimum of USD 2,000 to trade.
- Margin requirements quoted in US dollars may also be satisfied with a Non-US Dollar equivalent.
- IB has additional algorithms which increase the nominal margin for positions that represent a >1% holding of an individual company's shares outstanding, with full margin required for concentrations of >= 9% of a company's shares outstanding (For ETFs, full margin is required for concentrations of >= 5%). Investors should be prepared to meet the increased margin, where holdings are above 1% threshold.
- For Leveraged ETFs, Minimum(25% * Leverage Factor, 100%)
- For Leveraged ETFs, Minimum(50% * Leverage Factor, 100%)
- For Leveraged ETFs, Minimum(30% * Leverage Factor, 100%)
http://www.interactivebrokers.com/en/p.php?f=margin&p=stk
Canadian Stocks and Canadian Residents Trading All Stocks
The following table shows stock margin requirements for initial (at the time of trade), maintenance (when holding positions), and Overnight Reg T (Regulatory End of Day Requirement) time periods. FINRA and the NYSE have imposed rules to limit small investor day trading. Customers that these organizations classify as Pattern Day Traders are subject to special Day Trading Restrictions for US Securities.
These formulas make use of the functions Maximum (x, y, ..), Minimum (x, y, ..) and If (x, y, z). The Maximum function returns the greatest value of all parameters separated by commas within the paranthesis. As an example, Maximum (500, 2000, 1500) would return the value 2000. The Minimum function returns the least value of all parameters separated by commas within the paranthesis. As an example, Minimum (500, 2000, 1500) would return the value of 500. The If function checks a condition and if true uses formula y and if false formula z. As an example If (20 < 0, 30, 60) would return the value 60.
Canadian Stocks
- Long Positions Traded
on Approved Exchanges - Long Positions Eligible
for Reduced Margin on
Approved Exchanges - All Other Long Positions
including Stocks < CAD 2
and TSX Venture Exchange - Short Positions Traded
on Approved Exchanges - Short Positions Eligible
for Reduced Margin on
Approved Exchanges - All Other Short Positions
including Stocks < CAD 2
and TSX Venture Exchange - Cross-Margined Stock
on the Same Underlying
Long Positions Traded on Approved Exchanges 1
| Initial Margin | If Stock Price >= CAD 2, then 50% * Stock Value |
| Maintenance Margin | Same as Initial |
| Reg T End of Day Margin Account | Same as Initial |
| Cash | 100% * Stock Value |
Long Positions Eligible for Reduced Margin on Approved Exchanges 1
| Initial Margin | If Stock Price >= CAD 2, then 30% 3 * Stock Value |
| Maintenance Margin | Same as Initial |
| Reg T End of Day Margin Account | If Stock Price >= CAD 2, then 50% 2 * Stock Value |
| Cash | 100% * Stock Value |
All Other Long Positions including Stocks < CAD 2 and TSX Venture Exchange
| Initial Margin | 100% * Stock Value |
| Maintenance Margin | Same as Initial |
| Reg T End of Day Margin Account | Same as Initial |
| Cash | Same as Initial |
Short Positions Traded on Approved Exchanges 1
| Initial Margin |
If Stock Price >= CAD 2, then 50% * Stock Value
Minimum Margin >= USD 2.50 * Number of Shares |
| Maintenance Margin | Same as Initial |
| Reg T End of Day Margin Account | Same as Initial |
| Cash | 100% * Stock Value |
Short Positions Eligible for Reduced Margin on Approved Exchanges 1
| Initial Margin |
If Stock Price >= CAD 2, then 30% 3 * Stock Value
Minimum Margin >= USD 2.50 * Number of Shares |
| Maintenance Margin | Same as Initial |
| Reg T End of Day Margin Account |
If Stock Price >= CAD 2, then 50% 2 * Stock Value
Minimum Margin >= USD 2.50 * Number of Shares |
| Cash | 100% * Stock Value |
All Other Short Positions including Stocks < CAD 2 and TSX Venture Exchange
| Initial Margin |
100% * Stock Value
Minimum Margin >= USD 2.50 * Number of Shares |
| Maintenance Margin | Same as Initial |
| Reg T End of Day Margin Account | Same as Initial |
| Cash | Same as Initial |
Cross-Margined Stock on the Same Underlying 4
| Initial Margin |
5% * Long Stock Value
(Long and short positions with the same underlying stocks, one leg cleared in the US and the other leg cleared in Canada.) |
| Maintenance Margin | Same as Initial |
| Reg T End of Day Margin Account | Same as Initial |
| Cash | N/A |
- All margin accounts must have a minimum of USD 2,000 to trade.
- Margin requirements quoted in US or CA dollars may be satisfied with the equivalent amount in another currency.
- IB has additional algorithms which increase the nominal margin for positions that represent a >1% holding of an individual company's shares outstanding, with full margin required for concentrations of >= 5% of a company's shares outstanding. Investors should be prepared to meet the increased margin, where holdings are above 1% threshold.
- Approved exchanges for Canadian residents are: TSX, NYSE, NASDAQ, AMEX, ARCA, LSE, TSE.JPN. Only TSX applies to Non-Canadian residents. To see which securities the IDA has determined are eligible for reduced margin, view this List of Securities Eligible for Reduced Margin.
- For Leveraged ETFs, Minimum(50% * Leverage Factor, 100%)
- For Leveraged ETFs, Minimum(30% * Leverage Factor, 100%)
- Long CAD stock and short USD stock or long USD stock and short CAD stock.
http://www.interactivebrokers.com/en/p.php?f=margin&p=stk1
Other Stocks
The following table shows stock margin requirements for initial (at the time of trade), maintenance (when holding positions), and Overnight Reg T (Regulatory End of Day Requirement) time periods.
The NYSE and FINRA have imposed rules to limit small investor day trading. Customers that these organizations classify as Pattern Day Traders are subject to special Day Trading Restrictions for US securities.
Other Stocks
Long Position
| Initial Margin | Margin requirements are determined by risk-based portfolio analysis models specified by each exchange. For details, visit the specific exchange site in question. |
| Maintenance Margin | Same as Initial |
| Reg T End of Day Margin Account | 50%[1] * Stock Value |
| Cash | 100% * Stock Value |
Short Positions
| Initial Margin | Same as Initial for long positions |
| Maintenance Margin | Same as Initial for long positions |
| Reg T End of Day Margin Account | Same as Reg T End of Day for long positions |
| Cash | N/A |
- All Margin accounts must have a minimum of USD 2,000 to trade.
- Margin requirements quoted in US dollars may also be satisfied with a Non-US Dollar equivalent.
- IB has additional algorithms which increase the nominal margin for positions that represent a > 1% holding of an individual company's shares outstanding, with full margin required for concentrations of > = 5% of a company's shares outstanding. Investors should be prepared to meet the increased margin, where holdings are above 1% threshold.
- For Leveraged ETFs, Minimum(50% * Leverage Factor, 100%)
http://www.interactivebrokers.com/en/p.php?f=margin&p=stk3
Special Margin Stocks
IB may reduce the collateral value of securities (reduces marginability) for a variety of reasons, including:
- small market capitalization or small issue size
- low liquidity in the collective primary/secondary exchanges
- involvement in tenders and other corporate action
Changes in marginability are generally considered for a specific security. However, in cases of concerns about the viability or liquidity of a company, marginability reductions will apply to all securities issued by, or related to, the affected company, including bonds, derivatives, depository receipts, etc.
See the section on Decreased Marginability Calculations on the Margin Calculations page for information about large position and position concentration algorithms that may affect the margin rate applied to a given security within an account and may vary between accounts.
| Americas | |
| Country | Special Margin Stocks |
United States |
Listed: 11015 |
Canada |
Listed: 3132 |
Mexico |
Listed: 140 |
| Europe | |
| Country | Special Margin Stocks |
Germany |
Listed: 1045 |
United Kingdom |
Listed: 1199 |
France |
Listed: 749 |
Netherlands |
Listed: 83 |
Switzerland |
Listed: 141 |
Belgium |
Listed: 128 |
Sweden |
Listed: 189 |
Spain |
Listed: 88 |
Austria |
None available at this time |
Italy |
Listed: 190 |
| Asia | |
| Country | Special Margin Stocks |
Australia |
Listed: 1719 |
Japan |
Listed: 17 |
Hong Kong |
Listed: 1007 |
India |
None available at this time |
http://www.interactivebrokers.com/en/p.php?f=margin&p=stk2
US Options
The following calculations apply only to Reg T, Reg T Margin - IRA and Cash Accounts. See our Portfolio Margin page for US Options requirements in a Portfolio Margin account.
FINRA and the NYSE have imposed rules to limit small investor day trading. Customers that these organizations classify as Pattern Day Traders are subject to Day Trading Restrictions for US Securities.
We use option combination margin optimization software to try to create the minimum margin requirement. However, due to the system requirements required to determine the optimal solution, we cannot always guarantee the optimal combination in all cases.
Please note that we do not support option exercises, assignments or deliveries which may result in an account being non-compliant with margin requirements. For additional information about the handling of options on expiration Friday, click here (Knowledgebase Article http://ibkb.interactivebrokers.com/node/1767).
These formulas make use of the functions Maximum (x, y, ..), Minimum (x, y, ..) and If (x, y, z). The Maximum function returns the greatest value of all parameters separated by commas within the paranthesis. As an example, Maximum (500, 2000, 1500) would return the value 2000. The Minimum function returns the least value of all parameters separated by commas within the paranthesis. As an example, Minimum (500, 2000, 1500) would return the value of 500. The If function checks a condition and if true uses formula y and if false formula z. As an example If (20 < 0, 30, 60) would return the value 60.
The following table shows option margin requirements for each type of margin combination.
Combination Type
- Long Call or Put
- Short Naked Call
- Short Naked Put
- Covered Calls and Puts
- Call Spread
- Put Spread
- Collar
- Long Call and Put
- Short Call and Put
- Long Butterfly
- Short Butterfly Put
- Short Butterfly Call
- Long Box Spread
- Short Box Spread
- Conversion
- Reverse Conversion
- Protective Put
- Protective Call
- Iron Condor
Long Call or Put
| Initial/RegT End of Day Margin |
None |
| Maintenance Margin |
Same as Initial |
| Cash Accounts | Same as Initial |
| Reg T Margin - IRA | Same as Margin Account |
Short Naked Call
| Initial/RegT End of Day Margin |
Stock Options[1] Call Price + Maximum ((20%[2] * Underlying Price - Out of the Money Amount), (10% * Underlying Price)) Index Options[1] Call Price + Maximum ((15%[3] * Underlying Price - Out of the Money Amount), (10% * Underlying Price)) World Currency Options[1] Call Price + Maximum ((4%[2] * Underlying Price - Out of the Money Amount), (0.75% * Underlying Price)) Cash Basket Option[1] In the Money Amount |
| Maintenance Margin |
Same as Initial |
| Cash Accounts | N/A |
| Reg T Margin - IRA | Same as Cash Account |
Short Naked Put
| Initial/RegT End of Day Margin |
Stock Options[1] Put Price + Maximum ((20%[2] * Underlying Price - Out of the Money Amount), (10% * Strike Price)) Index Options[1] Put Price + Maximum ((15%[3] * Underlying Price - Out of the Money Amount), (10% * Strike Price)) World Currency Options[1] Put Price + Maximum ((4%[2] * Underlying Price - Out of the Money Amount), (0.75% * Underlying Price)) Cash Basket Option[1] In the Money Amount |
| Maintenance Margin |
Same as Initial |
| Cash Accounts | Put Strike Price |
| Reg T Margin - IRA | Same as Cash Account |
Covered Calls and Puts
Short an option with an equity position held to cover full exercise upon assignment of the option contract.
| Initial/RegT End of Day Margin |
Initial Stock Margin Requirement + In the Money Amount[4] |
| Maintenance Margin |
Initial Stock Margin Requirement + In the Money Amount[4] |
| Cash Accounts |
Covered Calls Stock paid in full Covered Puts N/A |
| Reg T Margin - IRA |
Covered Calls None Covered Puts N/A |
Call Spread
A long and short position of equal number of calls on the same underlying (and same multiplier) if the long position expires on or after the short position.
| Initial/RegT End of Day Margin |
Maximum (Strike Long Call - Strike Short Call, 0) |
| Maintenance Margin |
Same as Initial |
| Cash Accounts | Same as Initial if both options are European-style cash-settled Otherwise, N/A. |
| Reg T Margin - IRA | Same as Margin Account |
Put Spread
A long and short position of equal number of puts on the same underlying (and same multiplier) if the long position expires on or after the short position.
| Initial/RegT End of Day Margin |
Maximum (Short Put Strike - Long Put Strike, 0) |
| Maintenance Margin |
Same as Initial |
| Cash Accounts | Same as Margin Account Both options must be European style cash settled. |
| Reg T Margin - IRA | Same as Margin Account |
Collar
Long put and long underlying with short call. Put and call must have same expiration date, same underlying (and same multiplier), and put exercise price must be lower than call exercise price.
| Initial/RegT End of Day Margin |
Initial Stock Margin Requirement + In the Money Call Amount Equity with Loan Value of Long Stock Minimum (Current Market Value, Call Aggregate Exercise Price) |
| Maintenance Margin |
Minimum (((10% * Put Exercise Price) + Out of the-Money Put Amount), (25% * Call Exercise Price)) |
| Cash Accounts | N/A |
| Reg T Margin - IRA | N/A |
Long Call and Put
Buy a call and a put.
| Initial/RegT End of Day Margin |
Margined as two long options. |
| Maintenance Margin |
Same as Initial |
| Cash Accounts | Same as Margin Account |
| Reg T Margin - IRA | Same as Margin Account |
Short Call and Put
Sell a call and a put.
| Initial/RegT End of Day Margin |
If Initial Margin Short Put > Initial Short Call, then Initial Margin Short Put + Price Short Call else If Initial Margin Short Call >= Initial Short Put, then Initial Margin Short Call + Price Short Put |
| Maintenance Margin |
Same as Initial |
| Cash Accounts | N/A |
| Reg T Margin - IRA | N/A |
Long Butterfly
Two short options of the same series (class, multiplier, strike price, expiration) offset by one long option of the same type (put or call) with a higher strike price and one long option of the same type with a lower strike price. All component options must have the same expiration, same underlying, and intervals between exercise prices must be equal.
| Initial/RegT End of Day Margin |
None |
| Maintenance Margin |
Same as Initial |
| Cash Accounts | None Both options must be European-style cash-settled. |
| Reg T Margin - IRA | Same as Margin Account |
Short Butterfly Put
Two long put options of the same series offset by one short put option with a higher strike price and one short put option with a lower strike price. All component options must have the same expiration, same underlying, and intervals between exercise prices must be equal.
| Initial/RegT End of Day Margin |
((Highest Put Options Strike - Middle Put Options Strike) + (Middle Put Options Strike = Lowest Put Option Strike)) |
| Maintenance Margin |
Same as Initial |
| Cash Accounts | N/A |
| Reg T Margin - IRA | N/A |
Short Butterfly Call
Two long call options of the same series offset by one short call option with a higher strike price and one short call option with a lower strike price. All component options must have the same expiration, same underlying, and intervals between exercise prices must be equal.
| Initial/RegT End of Day Margin |
((Highest Call Options Strike - Middle Call Options Strike) + (Middle Call Options Strike = Lowest Call Option Strike)) |
| Maintenance Margin |
Must maintain initial margin. |
| Cash Accounts | N/A |
| Reg T Margin - IRA | N/A |
Long Box Spread
Long call and short put with the same exercise price ("buy side") coupled with a long put and short call with the same exercise price ("sell side"). Buy side exercise price is lower than the sell side exercise price. All component options must have the same expiration, and underlying (multiplier).
| Initial/RegT End of Day Margin |
None |
| Maintenance Margin |
Same as Initial |
| Cash Accounts | N/A |
| Reg T Margin - IRA | Same as Margin Account |
Short Box Spread
Long call and short put with the same exercise price ("buy side") coupled with a long put and short call with the same exercise price ("sell side"). Buy side exercise price is higher than the sell side exercise price. All component options must have the same expiration, and underlying (multiplier).
| Initial/RegT End of Day Margin |
American Style Maximum (((Long Call Price + Long Put Price - Short Call Price = Short Put Price) * -102%), (Long Call Strike - Short Call Strike)) European Style Long Call Strike - Short Call Strike |
| Maintenance Margin |
Same as Initial |
| Cash Accounts | N/A |
| Reg T Margin - IRA | Same as Margin Account |
Conversion
Long put and long underlying with short call. Put and call must have the same expiration date, underlying (multiplier), and exercise price.
| Initial/RegT End of Day Margin |
Initial Stock Margin Requirement Equity with Loan Value of Long Stock Minimum (Current Market Value, Call Aggregate Exercise Price) |
| Maintenance Margin |
10% * Strike Price |
| Cash Accounts | N/A |
| Reg T Margin - IRA | N/A |
Reverse Conversion
Long call and short underlying with short put. Put and call must have same expiration date, underlying (multiplier), and exercise price.
| Initial/RegT End of Day Margin |
In the Money Put Amount + Initial Stock Margin Requirement |
| Maintenance Margin |
In the Money Put Amount + (10% * Strike Price) |
| Cash Accounts | N/A |
| Reg T Margin - IRA | N/A |
Protective Put
Long Put and Long Underlying.
| Initial/RegT End of Day Margin |
Initial Stock Margin Requirement |
| Maintenance Margin |
Minimum (((10% * Put Strike Price) + Put Out of the Money Amount), Long Stock Maintenance Requirement) |
| Cash Accounts | N/A |
| Reg T Margin - IRA | N/A |
Protective Call
Long Call and Short Underlying.
| Initial/RegT End of Day Margin |
Initial Standard Stock Margin Requirement |
| Maintenance Margin |
Minimum (((10% * Call Strike Price) + Call Out of the Money Amount), Short Stock Maintenance Requirement) |
| Cash Accounts | N/A |
| Reg T Margin - IRA | N/A |
Iron Condor
Sell a put, buy put, sell a call, buy a call.
| Initial/RegT End of Day Margin |
Short Put Strike - Long Put Strike |
| Maintenance Margin |
Same as Initial |
| Cash Accounts | If all options are European and cash-settled, same as margin account. |
| Reg T Margin - IRA | Same as Margin Account |
- Specific options with commodity-like behavior, such as VIX Index Options, have special spread rules and, consequently, may be required to meet higher margin requirements than a straightforward US equity option. Clients are urged to use the paper trading account to simulate an options spread in order to check the current margin on such spread.
- If a combination of options is put on in such a way that a specific strategy is optimal at that point in time, the strategy may remain in place until the account is revalued even if it does not remain the optimal strategy. A revaluation will occur when there is a position change within that symbol. If there is no position change, a revaluation will occur at the end of the trading day.
- Minimum charge of USD 2.50 per share of underlying. This minimum does not apply for End of Day Reg T calculation purposes.
- For Leverage Options, Minimum (20% * Leverage Factor, 100%).
- For Leverage Options, Minimum (15% * Leverage Factor, 100%)
- For Covered Basket Calls, (short basket call, long component stocks), the margin requirement is for all the component stocks.
http://www.interactivebrokers.com/en/p.php?f=margin&p=opt
Canadian Stock and Index Options Requirements
FINRA and the NYSE have imposed rules to limit small investor day trading. Customers that these organizations classify as Pattern Day Traders are subject to Day Trading Restrictions for US Securities.
Note that we use option margin optimization software to try to create the minimum margin requirement. However, due to the system requirements required to determine the optimal solution, we cannot always guarantee the optimal combination in all cases.
These formulas make use of the functions Maximum (x, y, ..), Minimum (x, y, ..) and If (x, y, z). The Maximum function returns the greatest value of all parameters separated by commas within the paranthesis. As an example, Maximum (500, 2000, 1500) would return the value 2000. The Minimum function returns the least value of all parameters separated by commas within the paranthesis. As an example, Minimum (500, 2000, 1500) would return the value of 500. The If function checks a condition and if true uses formula y and if false formula z. As an example If (20 < 0, 30, 60) would return the value 60.
The following table shows option margin requirements for each type of margin combination.
Combination Type
Long Call or Put
| Initial Margin |
None. Long option cost is subtracted from cash. |
| Maintenance Margin |
None. |
| Cash Accounts | None. Long option cost is subtracted from cash. |
Short Naked Call
| Initial Margin |
Stock Options[1] Call Price + Maximum (((30% * Underlying Price) - Out of the Money Amount), 10% * Underlying Price) Index Options[1] Call Price + Maximum (((15% * Underlying Price) - Out of the Money Amount), 10% * Underlying Price) |
| Maintenance Margin |
Same as Initial. |
| Cash Accounts | N/A |
Short Naked Put
| Initial Margin |
Stock Options[1] Put Price + Maximum (((30% * (Underlying Price) - Out of the Money Amount), 10% * Strike Price) Index Options[1] Put Price + Maximum (((15% * (Underlying Price) - Out of the Money Amount), 10% * Strike Price) |
| Maintenance Margin |
Same as Initial. |
| Cash Accounts | Aggregate Put Strike Price. |
Covered Calls and Puts
Short an option with an equity position held to cover full exercise upon assignment of the option contract.
| Initial Margin |
Stock Initial Margin Requirement + In the Money Amount |
| Maintenance Margin |
Same as Initial. |
| Cash Accounts | Covered Calls Stock paid in full Covered Puts N/A |
Call Spread
A long and short position of equal number of calls on the same underlying (and same multiplier) if the long position expires on or after the short position.
| Initial Margin |
Maximum ((Strike Long Call - Strike Short Call), 0) |
| Maintenance Margin |
Same as Initial. |
| Cash Accounts | Same as Initial if both options are European-style cash-settled Otherwise, N/A. |
Put Spread
A long and short position of equal number of puts on the same underlying (and same multiplier) if the long position expires on or after the short position.
| Initial Margin |
Maximum (Short Put Strike - Long Put Strike, 0)) |
| Maintenance Margin |
Same as Initial. |
| Cash Accounts | Same as Margin Account Both options must be European style cash settled. |
Protective Put
Long Put and Long Underlying.
| Initial Margin |
Initial Stock Margin Requirement |
| Maintenance Margin |
Minimum (((10% * Put Strike Price) + Put Out of the Money Amount), Long Stock Maintenance Requirement) |
| Cash Accounts | N/A |
Protective Call
Long Call and Short Underlying.
| Initial Margin |
If Trading Currency is CAD Minimum(Strike Long Call, Initial Stock Margin Requirement) If Trading Currency is not CAD Call Price + (30% * Underlying Price) + Minimum (Out of the Money Amount, (30% * Underlying Price)) |
| Maintenance Margin |
If Trading Currency is CAD Minimum(Strike Long Call, Maintenance Stock Margin Requirement) If Trading Currency is not CAD Call Price + (30% * Underlying Price) + Minimum (Out of the Money Amount, (30% * Underlying Price)) |
| Cash Accounts | N/A |
Collar
Long put and long underlying with short call. Put and call must have same expiration date, same underlying (and same multiplier), and put exercise price must be lower than call exercise price.
| Initial Margin |
Initial Stock Margin Requirement + In the Money Call Amount |
| Maintenance Margin |
In the Money Call Amount + Minimum (((10% * Put Strike Price) + Out of the Money Put Amount), (30% * Strike Call)) |
| Cash Accounts | N/A |
Conversion
Long put and long underlying with short call. Put and call must have the same expiration date, underlying (multiplier), and exercise price.
| Initial Margin |
Initial Stock Margin Requirement + In the Money Call Amount |
| Maintenance Margin |
In the Money Call Amount + (10% * Strike Price) |
| Cash Accounts | N/A |
Reverse Conversion
Long call and short underlying with short put. Put and call must have same expiration date, underlying (multiplier), and exercise price.
| Initial Margin |
In the Money Put Amount + Initial Stock Margin Requirement |
| Maintenance Margin |
In the Money Put Amount + (10% * Strike Price) |
| Cash Accounts | N/A |
Long Butterfly
Two short options of the same series (class, multiplier, strike price, expiration) offset by one long option of the same type (put or call) with a higher strike price and one long option of the same type with a lower strike price. All component options must have the same expiration, same underlying, and intervals between exercise prices must be equal.
| Initial Margin |
None. |
| Maintenance Margin |
Same as Initial. |
| Cash Accounts | None Both options must be European-style cash-settled. |
- Minimum charge of USD 2.50 per share of underlying. This minimum does not apply for End of Day Reg T calculation purposes.
http://www.interactivebrokers.com/en/p.php?f=margin&p=opt1
Non-US/Non-Canadian Options Margin Requirements
Margin requirements are determined by risk based portfolio analysis models specified by each exchange. For specific details, visit the specific exchange site in question. US Reg T Margin requirements are also applied at the end of each trading day. For more information, see the US Stock and Index Options tab above.
For Australian single stock options, we apply US rule-based and Reg T margin requirements.
http://www.interactivebrokers.com/en/p.php?f=margin&p=opt2
Futures
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.
In addition to the exchange scanning ranges, we will consider additional scenarios which incorporate extreme moves in the underlying. Accordingly, we may require margin over and above the exchange-mandated margin on short options in order to account for the risk inherent in an extreme market move. You can view the current projected margin requirements on a specific option or futures order that you are considering before you submit the order by creating the order in TWS and using the right-click menu to "Check Margin" before you transmit.
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.
Please see the following special articles and links, which describe important information on futures/options risk management and financial controls:
The table below depicts the exchange margin requirements.
Euronext Brussels (Belfox)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| BELFOX | BFX | BEL 20 Index | BXF | 1625 | N/A | 1625 | 1300 | EUR |
Chicago Board Of Trade (CBOT)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| CBOT | AC | Ethanol -CME | AC | 5130 | N/A | 5130 | 3800 | USD |
| CBOT | INDU | Dow Jones Industrial Average | DJ | 3125 | 2500 | 6250 | 5000 | USD |
| CBOT | SA | 5 Year Swap Future | NG | 743 | N/A | 743 | 550 | USD |
| CBOT | SR | 10 Year Swap Futures | NI | 1692 | N/A | 1692 | 1253 | USD |
| CBOT | YC | Mini Sized Corn Futures | YC | 540 | N/A | 540 | 400 | USD |
| CBOT | YK | Mini Sized Soybean Futures | YK | 918 | N/A | 918 | 680 | USD |
| CBOT | YW | Mini Sized Wheat Futures | YW | 648 | N/A | 648 | 480 | USD |
| CBOT | ZB | 30 Year US Treasury Bond | US | 1688 | 1250 | 3375 | 2500 | USD |
| CBOT | ZC | Corn Futures | C | 2700 | N/A | 2700 | 2000 | USD |
| CBOT | ZF | 5 Year US Treasury Note | FV | 371 | 275 | 743 | 550 | USD |
| CBOT | ZL | Soybean Oil Futures | BO | 1688 | N/A | 1688 | 1250 | USD |
| CBOT | ZM | Soybean Meal Futures | SM | 2700 | N/A | 2700 | 2000 | USD |
| CBOT | ZO | Oat Futures | O | 1350 | N/A | 1350 | 1000 | USD |
| CBOT | ZQ | 30 Day Fed Funds | FF | 74 | 55 | 149 | 110 | USD |
| CBOT | ZR | Rough Rice Futures | RR | 1350 | N/A | 1350 | 1000 | USD |
| CBOT | ZS | Soybean Futures | S | 4590 | N/A | 4590 | 3400 | USD |
| CBOT | ZT | 2 Year US Treasury Note | TU | 152 | 113 | 304 | 225 | USD |
| CBOT | ZW | Wheat Futures | W | 3240 | N/A | 3240 | 2400 | USD |
Montreal Exchange (CDE)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| CDE | BAX | 3 Month Canadian Bankers' Acceptance Futures | BAX | 313 | 250 | 625 | 500 | CAD |
| CDE | CGB | 10 Year Government of Canada Bonds | CGB | 1094 | 875 | 2188 | 1750 | CAD |
| CDE | TSE60 | S&P Canada 60 Index Futures (Old TSE60) | SXF | 3406 | 2725 | 6813 | 5450 | CAD |
| CDE | TSE60 | S&P Canada 60 Index Futures (Old TSE60) | SXM | 906 | 725 | 1813 | 1450 | CAD |
| CDE | TSX | S&P TSX COMPOSITE INDEX | SCF | 2625 | 2100 | 5250 | 4200 | CAD |
CBOE Futures Exchange (CFE)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| CFE | GVZ | CBOE Gold Volatility Index | GV | 1733 | N/A | 1733 | 1386 | USD |
| CFE | OVX | CBOE Crude Oil Vol Index | OV | 1218 | N/A | 1218 | 974 | USD |
| CFE | VIX | CBOE Volatility Index | VX | 5625 | N/A | 5625 | 4500 | USD |
| CFE | VM | Mini VIX Index | VM | 563 | N/A | 563 | 450 | USD |
| CFE | VXEEM | CBOE Emerging Markets ETF Volatility Index | VXEM | 1173 | N/A | 1173 | 938 | USD |
| CFE | VXN | CBOE NDX Volatility Index | VN | 11250 | N/A | 11250 | 9000 | USD |
Chicago Mercantile Exchange (CME)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| CME | ACD | Australian dollar | ACD | 6250 | N/A | 6250 | 5000 | CAD |
| CME | AJY | Australian dollar | AJY | 1500000 | N/A | 1500000 | 1200000 | JPY |
| CME | AUD | Australian dollar | AD | 1971 | N/A | 1971 | 1577 | USD |
| CME | BRE | Brazilian Real in US Dollars | BR | 2625 | N/A | 2625 | 2100 | USD |
| CME | CAD | Canadian dollar | CD | 1250 | N/A | 1250 | 1000 | USD |
| CME | CHF | Swiss franc | SF | 2928 | N/A | 2928 | 2342 | USD |
| CME | CZK | Czech koruna | CZ | 14375 | N/A | 14375 | 11500 | USD |
| CME | ECK | Czech koruna | ECZ | 5250 | N/A | 5250 | 4200 | EUR |
| CME | EHF | Hungarian forint | EHU | 5000 | N/A | 5000 | 4000 | EUR |
| CME | EM | 1 Month LIBOR (Int. Rate) | EM | 203 | N/A | 203 | 150 | USD |
| CME | EPZ | Polish zloty | EPL | 2188 | N/A | 2188 | 1750 | EUR |
| CME | EUR | European Monetary Union Euro | EC | 3180 | N/A | 3180 | 2544 | USD |
| CME | GBP | British pound | BP | 1626 | N/A | 1626 | 1301 | USD |
| CME | GE | GLOBEX Euro-Dollar | ED | 135 | 100 | 270 | 200 | USD |
| CME | GF | Feeder Cattle | FC | 2430 | N/A | 2430 | 1800 | USD |
| CME | GSCI | CME GSCI Index | GI | 8750 | N/A | 8750 | 7000 | USD |
| CME | GTB | 13 Week T-Bills | TB | 810 | N/A | 810 | 600 | USD |
| CME | HE | Lean Hogs | LH | 1418 | N/A | 1418 | 1050 | USD |
| CME | HUF | Hungarian forint | HFO | 8750 | N/A | 8750 | 7000 | USD |
| CME | JPY | Japanese yen | JY | 3875 | N/A | 3875 | 3100 | USD |
| CME | LE | Live Cattle | LC | 1350 | N/A | 1350 | 1000 | USD |
| CME | MID | S&P Midcap 400 Stock Index | MD | 25000 | N/A | 25000 | 20000 | USD |
| CME | MXP | Mexican Peso | MP | 2500 | N/A | 2500 | 2000 | USD |
| CME | NDX | NASDAQ 100 Stock Index | ND | 6250 | 5000 | 12500 | 10000 | USD |
| CME | NKD | Dollar Denominated Nikkei 225 Index | NK | 1983 | 1587 | 3966 | 3173 | USD |
| CME | NZD | New Zealand dollar | NE | 1895 | N/A | 1895 | 1516 | USD |
| CME | PLN | Polish zloty | PLZ | 5000 | N/A | 5000 | 4000 | USD |
| CME | RF | European Monetary Union Euro | RF | 1650 | N/A | 1650 | 1320 | CHF |
| CME | RP | European Monetary Union Euro | RP | 1813 | N/A | 1813 | 1450 | GBP |
| CME | RUR | Russian Ruble in US Dollars | RU | 4688 | N/A | 4688 | 3750 | USD |
| CME | RY | European Monetary Union Euro | RY | 562500 | N/A | 562500 | 450000 | JPY |
| CME | SEY | Euroyen (TIBOR) Index | EY | 24300 | N/A | 24300 | 18000 | JPY |
| CME | SPX | S&P 500 Stock Index | SP | 10938 | 8750 | 21875 | 17500 | USD |
| CME | ZAR | South African Rand | RA | 2500 | N/A | 2500 | 2000 | USD |
Eurex (DTB)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| DTB | 4GLD | Xetra-Gold | FXGL | 4275 | N/A | 4275 | 3420 | EUR |
| DTB | 5AB | Asian Bamboo AG | 5ABF | 85 | N/A | 85 | 68 | EUR |
| DTB | ABI | Anheuser-Busch InBev NV | ITKG | 938 | N/A | 938 | 750 | EUR |
| DTB | ACA | Credit Agricole SA | XCAH | 92 | N/A | 92 | 74 | EUR |
| DTB | ADS | Adidas AG | ADSG | 1069 | N/A | 1069 | 855 | EUR |
| DTB | AGN | Aegon NV | AENF | 62 | N/A | 62 | 50 | EUR |
| DTB | AGS | Ageas | FO4G | 362 | N/A | 362 | 290 | EUR |
| DTB | AI | Air Liquide SA | AIRJ | 1216 | N/A | 1216 | 972 | EUR |
| DTB | ALBK | Allied Irish Banks PLC | ALBF | 1 | N/A | 1 | 1 | EUR |
| DTB | ALO | Alstom SA | AOMG | 412 | N/A | 412 | 330 | EUR |
| DTB | ALU | Alcatel-Lucent/France | CGEF | 15 | N/A | 15 | 12 | EUR |
| DTB | ALV | Allianz SE | ALVG | 1495 | N/A | 1495 | 1196 | EUR |
| DTB | BAS | BASF SE | BASG | 930 | N/A | 930 | 744 | EUR |
| DTB | BAYN | Bayer AG | BAYF | 1047 | N/A | 1047 | 838 | EUR |
| DTB | BMW | Bayerische Motoren Werke AG | BMWF | 899 | N/A | 899 | 719 | EUR |
| DTB | BMW3 | Bayerische Motoren Werke AG | BM3F | 659 | N/A | 659 | 527 | EUR |
| DTB | BN | Danone | BSNH | 726 | N/A | 726 | 581 | EUR |
| DTB | BNP | BNP Paribas SA | BNPH | 581 | N/A | 581 | 465 | EUR |
| DTB | BTM | Mid-Term Euro-BTP Italian Government Bond | FBTM | 6750 | N/A | 6750 | 5400 | EUR |
| DTB | BTP | Euro-BTP Italian Government Bond | FBTP | 4087 | N/A | 4087 | 3270 | EUR |
| DTB | BTS | Short-Term Euro-BTP Italian Government Bond | FBTS | 1800 | N/A | 1800 | 1440 | EUR |
| DTB | CA | Carrefour SA | CARG | 291 | N/A | 291 | 233 | EUR |
| DTB | CBK | Commerzbank AG | CBKG | 16 | N/A | 16 | 13 | EUR |
| DTB | CBK | Commerzbank AG | CBKH | 121 | N/A | 121 | 97 | EUR |
| DTB | CS | AXA SA | AXAG | 189 | N/A | 189 | 151 | EUR |
| DTB | DAX | DAX 30 Index (Deutsche Aktien Xchange 30) | FDAX | 9838 | 7870 | 19675 | 15740 | EUR |
| DTB | DBK | Deutsche Bank AG | DBKG | 469 | N/A | 469 | 375 | EUR |
| DTB | DCX | Daimler AG | DAIF | 612 | N/A | 612 | 490 | EUR |
| DTB | DDAX | DivDax | FDIV | 4775 | N/A | 4775 | 3820 | EUR |
| DTB | DEC | JCDecaux SA | DCSG | 257 | N/A | 257 | 205 | EUR |
| DTB | DELB | Delhaize Group SA | DHZF | 620 | N/A | 620 | 496 | EUR |
| DTB | DESX5 | Dow Jones EURO STOXX 50 Index-Dividenden | FEXD | 838 | N/A | 838 | 670 | EUR |
| DTB | DG | Vinci SA | SQUG | 475 | N/A | 475 | 380 | EUR |
| DTB | DIVDAX | DivDax Dividend Index | FDVD | 375 | N/A | 375 | 300 | EUR |
| DTB | DJ200 | Dow Jones STOXX MID 200 Index | FMCP | 1456 | N/A | 1456 | 1165 | EUR |
| DTB | DJ200L | Dow Jones STOXX Large 200 Index | FLCP | 1519 | N/A | 1519 | 1215 | EUR |
| DTB | DJ200S | Dow Jones STOXX Small 200 Index | FSCP | 944 | N/A | 944 | 755 | EUR |
| DTB | DJ600 | Dow Jones STOXX 600 Index | FXXP | 1444 | N/A | 1444 | 1155 | EUR |
| DTB | DJES | Dow Jones Euro STOXX Price Index | FXXE | 1325 | N/A | 1325 | 1060 | EUR |
| DTB | DJESL | Euro Stoxx Large | FLCE | 2788 | N/A | 2788 | 2230 | EUR |
| DTB | DJESM | Euro Stoxx Mid | FMCE | 1287 | N/A | 1287 | 1030 | EUR |
| DTB | DJESS | Euro Stoxx Small | FSCE | 856 | N/A | 856 | 685 | EUR |
| DTB | DJSD | Dow Jones Euro STOXX Select Dividend 30 Index | FEDV | 629 | N/A | 629 | 503 | EUR |
| DTB | DJUBS | Dow Jones-UBS Commodity Index | FCCO | 1350 | N/A | 1350 | 1080 | USD |
| DTB | DPW | Deutsche Post AG | DPWF | 247 | N/A | 247 | 197 | EUR |
| DTB | DSM | Koninklijke DSM NV | DSMF | 612 | N/A | 612 | 490 | EUR |
| DTB | DTE | Deutsche Telekom AG | DTEF | 115 | N/A | 115 | 92 | EUR |
| DTB | DXDIVPT | DAX Dividend Points Index | FDXD | 925 | N/A | 925 | 740 | EUR |
| DTB | ELE1 | Euler Hermes SA | ELEF | 932 | N/A | 932 | 746 | EUR |
| DTB | EN | Bouygues SA | BYGG | 253 | N/A | 253 | 203 | EUR |
| DTB | ENEL | Enel SpA | ENLG | 368 | N/A | 368 | 294 | EUR |
| DTB | ENI | Eni SpA | ENTG | 2372 | N/A | 2372 | 1898 | EUR |
| DTB | EO1 | One Month EONIA Index | FEO1 | 3750 | N/A | 3750 | 3000 | EUR |
| DTB | EOA | E.ON AG | EOAH | 161 | N/A | 161 | 129 | EUR |
| DTB | EPL | Skimmed Milk Powder | FSMP | 2763 | N/A | 2763 | 2210 | EUR |
| DTB | ESA | Dow Jones Euro STOXX 600 Automobile & Parts | FESA | 1750 | N/A | 1750 | 1400 | EUR |
| DTB | ESE | Dow Jones Euro STOXX Oil & Gas | FESE | 1481 | N/A | 1481 | 1185 | EUR |
| DTB | ESF | Dow Jones Euro STOXX Financial Services Index | FESF | 2200 | N/A | 2200 | 1760 | EUR |
| DTB | ESI | Dow Jones Euro STOXX Insurance | FESI | 856 | N/A | 856 | 685 | EUR |
| DTB | ESM | Dow Jones Euro STOXX Media Index | FESM | 781 | N/A | 781 | 625 | EUR |
| DTB | ESTX50 | Dow Jones Euro STOXX50 | FESX | 1316 | 1053 | 2631 | 2105 | EUR |
| DTB | ESU | Dow Jones Euro STOXX Utilities Index | FESU | 1088 | N/A | 1088 | 870 | EUR |
| DTB | EU3 | Three Month EURIBOR | FEU3 | 375 | N/A | 375 | 300 | EUR |
| DTB | EUN2 | iShares EURO STOXX 50 | EUNF | 684 | N/A | 684 | 547 | EUR |
| DTB | EXS1 | ISHARES DAX DE | EXSF | 1791 | N/A | 1791 | 1433 | EUR |
| DTB | F | Fiat SpA | FIAG | 712 | N/A | 712 | 570 | EUR |
| DTB | FBUT | Eurex Butter Index | FBUT | 3550 | N/A | 3550 | 2840 | EUR |
| DTB | FEPP | Eurex European Processing Potato Index | FEPP | 813 | N/A | 813 | 650 | EUR |
| DTB | FHOG | Eurex Hog Index | FHOG | 2520 | N/A | 2520 | 2016 | EUR |
| DTB | FME | Fresenius Medical Care AG & Co KGaA | FMEH | 648 | N/A | 648 | 518 | EUR |
| DTB | FOX | OMX Helsinki 25 Index | FFOX | 2280 | N/A | 2280 | 1824 | EUR |
| DTB | FP | Total SA | TOTG | 487 | N/A | 487 | 390 | EUR |
| DTB | FPIG | Eurex Piglet Index | FPIG | 1150 | N/A | 1150 | 920 | EUR |
| DTB | FRA | Fraport AG Frankfurt Airport Services Worldwide | FRAG | 578 | N/A | 578 | 463 | EUR |
| DTB | FTE | France Telecom SA | FTEF | 103 | N/A | 103 | 82 | EUR |
| DTB | G | Assicurazioni Generali SpA | ASGG | 1840 | N/A | 1840 | 1472 | EUR |
| DTB | GBL | Euro Bund (10 Year Bond) | FGBL | 1275 | 1020 | 2550 | 2040 | EUR |
| DTB | GBM | Euro Bobl (5 Year Bond) | FGBM | 659 | 528 | 1319 | 1055 | EUR |
| DTB | GBS | Euro Schatz (2 Year Bond) | FGBS | 244 | 195 | 488 | 390 | EUR |
| DTB | GBX | Euro Buxl (15 - 30 Year Bond) | FGBX | 6075 | N/A | 6075 | 4860 | EUR |
| DTB | GLE | Societe Generale SA | SGEI | 394 | N/A | 394 | 315 | EUR |
| DTB | GSZ | GDF Suez | GZFG | 208 | N/A | 208 | 166 | EUR |
| DTB | GTI | Dow Jones Global Titans Index 50 | FGTI | 4200 | N/A | 4200 | 3360 | EUR |
| DTB | HEID | HeidelbergCement AG | HEFG | 745 | N/A | 745 | 596 | EUR |
| DTB | HEN | Henkel AG & Co KGaA | HESF | 797 | N/A | 797 | 638 | EUR |
| DTB | HEN3 | Henkel AG & Co KGaA | HENG | 956 | N/A | 956 | 764 | EUR |
| DTB | IFX | Infineon Technologies AG | IFXG | 80 | N/A | 80 | 64 | EUR |
| DTB | ING | ING Groep NV | INNG | 89 | N/A | 89 | 71 | EUR |
| DTB | ISP | Intesa Sanpaolo SpA | IESI | 185 | N/A | 185 | 148 | EUR |
| DTB | KCO | Kloeckner & Co SE | KCOH | 124 | N/A | 124 | 99 | EUR |
| DTB | LANX | Lanxess AG | LXSF | 715 | N/A | 715 | 572 | EUR |
| DTB | LG | Lafarge SA | CILF | 678 | N/A | 678 | 542 | EUR |
| DTB | LHA | Deutsche Lufthansa AG | LHAF | 194 | N/A | 194 | 155 | EUR |
| DTB | LIN | Linde AG | LING | 1899 | N/A | 1899 | 1519 | EUR |
| DTB | MAN | MAN SE | MANG | 1069 | N/A | 1069 | 855 | EUR |
| DTB | MAN3 | MAN SE | MA3F | 1065 | N/A | 1065 | 852 | EUR |
| DTB | MC | LVMH Moet Hennessy Louis Vuitton SA | MOHF | 1771 | N/A | 1771 | 1416 | EUR |
| DTB | MDAX | Midcap DAX | F2MX | 6591 | N/A | 6591 | 5273 | EUR |
| DTB | MEO | Metro AG | MEOF | 310 | N/A | 310 | 248 | EUR |
| DTB | MEO3 | Metro AG | ME3F | 295 | N/A | 295 | 236 | EUR |
| DTB | MUV2 | Muenchener Rueckversicherungs AG | MU2G | 1865 | N/A | 1865 | 1492 | EUR |
| DTB | MXJPUS | MSCI JAPAN INDEX - USD | FMJP | 4488 | N/A | 4488 | 3590 | USD |
| DTB | MXRU | MSCI Russia Index | FMRU | 713 | N/A | 713 | 570 | USD |
| DTB | NDAF | Aurubis AG | NDAF | 593 | N/A | 593 | 474 | EUR |
| DTB | NOA3 | Nokia OYJ | NO3F | 42 | N/A | 42 | 34 | EUR |
| DTB | OAT | Euro-OAT French Government Bond | FOAT | 2400 | N/A | 2400 | 1920 | EUR |
| DTB | OR | L'Oreal SA | LORF | 1688 | N/A | 1688 | 1350 | EUR |
| DTB | PHI | Koninklijke Philips Electronics NV | PH1F | 278 | N/A | 278 | 223 | EUR |
| DTB | POR3 | Porsche Automobil Holding SE | PORK | 789 | N/A | 789 | 631 | EUR |
| DTB | RDSA | Royal Dutch Shell PLC | R6CF | 330 | N/A | 330 | 264 | EUR |
| DTB | RDXUSD | Russian Depositary (USD) | FRDX | 1538 | N/A | 1538 | 1230 | USD |
| DTB | RHM | Rheinmetall AG | RHMG | 476 | N/A | 476 | 381 | EUR |
| DTB | RI | Pernod-Ricard SA | PERH | 1160 | N/A | 1160 | 928 | EUR |
| DTB | RNO | Renault SA | RNLF | 775 | N/A | 775 | 620 | EUR |
| DTB | RWE | RWE AG | RWEG | 343 | N/A | 343 | 274 | EUR |
| DTB | SAN | Sanofi | SNWF | 1056 | N/A | 1056 | 845 | EUR |
| DTB | SAP | SAP AG | SAPI | 784 | N/A | 784 | 627 | EUR |
| DTB | SCR | SCOR SE | SCOI | 277 | N/A | 277 | 222 | EUR |
| DTB | SD3ED | Euro Stoxx Select Dividend 30 DVP | FD3D | 538 | N/A | 538 | 430 | EUR |
| DTB | SDF | K+S AG | SDXH | 413 | N/A | 413 | 331 | EUR |
| DTB | SGO | Cie de St-Gobain | GOBG | 409 | N/A | 409 | 327 | EUR |
| DTB | SIE | Siemens AG | SIEF | 1011 | N/A | 1011 | 809 | EUR |
| DTB | SOLB | Solvay SA | SOLF | 1419 | N/A | 1419 | 1135 | EUR |
| DTB | SRG | Snam SpA | SNFF | 476 | N/A | 476 | 381 | EUR |
| DTB | STX | Dow Jones STOXX50 | FSTX | 2636 | N/A | 2636 | 2109 | EUR |
| DTB | SU | Schneider Electric SA | SNDH | 751 | N/A | 751 | 601 | EUR |
| DTB | SX3E | Dow Jones Euro STOXX Food&Beverages | FESO | 2212 | N/A | 2212 | 1770 | EUR |
| DTB | SX3P | Dow Jones STOXX 600 Food & Beverage Index | FSTO | 2400 | N/A | 2400 | 1920 | EUR |
| DTB | SX4E | Dow Jones Euro STOXX Chemicals | FESC | 7925 | N/A | 7925 | 6340 | EUR |
| DTB | SX4P | Dow Jones STOXX 600 Chemicals | FSTC | 3325 | N/A | 3325 | 2660 | EUR |
| DTB | SX6P | Dow Jones STOXX 600 Utilities | FSTU | 1269 | N/A | 1269 | 1015 | EUR |
| DTB | SX7E | Dow Jones Euro STOXX Banks Index | FESB | 550 | N/A | 550 | 440 | EUR |
| DTB | SX7P | Dow Jones STOXX 600 Banks | FSTB | 856 | N/A | 856 | 685 | EUR |
| DTB | SX86P | Dow Jones STOXX 600 Real Estate | FSTL | 675 | N/A | 675 | 540 | EUR |
| DTB | SX8E | Dow Jones Euro STOXX Technology | FESY | 2525 | N/A | 2525 | 2020 | EUR |
| DTB | SX8P | Dow Jones STOXX 600 Technology | FSTY | 1219 | N/A | 1219 | 975 | EUR |
| DTB | SXAP | Dow Jones STOXX 600 Automobiles & Parts | FSTA | 1837 | N/A | 1837 | 1470 | EUR |
| DTB | SXDE | Dow Jones Euro STOXX Healthcare | FESH | 3125 | N/A | 3125 | 2500 | EUR |
| DTB | SXDP | Dow Jones STOXX 600 Healthcare | FSTH | 2700 | N/A | 2700 | 2160 | EUR |
| DTB | SXEP | Dow Jones STOXX 600 Oil & Gas | FSTE | 1556 | N/A | 1556 | 1245 | EUR |
| DTB | SXFP | Dow Jones STOXX 600 Financial Services Index | FSTF | 1419 | N/A | 1419 | 1135 | EUR |
| DTB | SXIP | Dow Jones STOXX 600 Insurance | FSTI | 938 | N/A | 938 | 750 | EUR |
| DTB | SXKE | Dow Jones Euro STOXX Telecommunications | FEST | 1169 | N/A | 1169 | 935 | EUR |
| DTB | SXKP | Dow Jones STOXX 600 Telecommunications | FSTT | 1175 | N/A | 1175 | 940 | EUR |
| DTB | SXMP | Dow Jones STOXX 600 Media | FSTM | 981 | N/A | 981 | 785 | EUR |
| DTB | SXNE | Dow Jones Euro STOXX Industrial Goods&Services | FESG | 2431 | N/A | 2431 | 1945 | EUR |
| DTB | SXNP | Dow Jones STOXX 600 Industrial Goods & Services Index | FSTG | 1737 | N/A | 1737 | 1390 | EUR |
| DTB | SXOE | Dow Jones Euro STOXX Construction | FESN | 1231 | N/A | 1231 | 985 | EUR |
| DTB | SXOP | Dow Jones STOXX 600 Construction & Materials | FSTN | 1338 | N/A | 1338 | 1070 | EUR |
| DTB | SXPE | Dow Jones Euro STOXX Basic Resources | FESS | 794 | N/A | 794 | 635 | EUR |
| DTB | SXPP | Dow Jones STOXX 600 Basic Resources Index | FSTS | 1844 | N/A | 1844 | 1475 | EUR |
| DTB | SXQE | Dow Jones Euro STOXX Personal & Household Goods | FESZ | 4912 | N/A | 4912 | 3930 | EUR |
| DTB | SXQP | Dow Jones STOXX 600 Personal & Household Goods | FSTZ | 1481 | N/A | 1481 | 1185 | EUR |
| DTB | SXRE | Dow Jones Euro STOXX Retail | FESR | 3413 | N/A | 3413 | 2730 | EUR |
| DTB | SXRP | Dow Jones STOXX 600 Retail | FSTR | 1425 | N/A | 1425 | 1140 | EUR |
| DTB | SXTE | Dow Jones Euro STOXX Travel & Leisure | FESV | 1287 | N/A | 1287 | 1030 | EUR |
| DTB | SXTP | Dow Jones STOXX 600 Travel & Leisure | FSTV | 794 | N/A | 794 | 635 | EUR |
| DTB | SZG | Salzgitter AG | SZGG | 388 | N/A | 388 | 311 | EUR |
| DTB | TDX | TECDAX | FTDX | 908 | N/A | 908 | 726 | EUR |
| DTB | TEC | Technip SA | THPG | 1053 | N/A | 1053 | 842 | EUR |
| DTB | TIT | Telecom Italia SpA | TQIF | 82 | N/A | 82 | 66 | EUR |
| DTB | TKA | ThyssenKrupp AG | TKAG | 188 | N/A | 188 | 150 | EUR |
| DTB | TUI | TUI AG | TUIF | 121 | N/A | 121 | 97 | EUR |
| DTB | UCG | UniCredit SpA | CR5I | 540 | N/A | 540 | 432 | EUR |
| DTB | UN | Unilever NV | UNIH | 409 | N/A | 409 | 328 | EUR |
| DTB | V2TX | VSTOXX Volatility Index | FVS | 344 | N/A | 344 | 275 | EUR |
| DTB | VIV | Vivendi SA | VVUG | 190 | N/A | 190 | 152 | EUR |
| DTB | VOW | Volkswagen AG | VOWG | 2006 | N/A | 2006 | 1605 | EUR |
| DTB | XAGUSD | Silver Spot USD/oz. loco London | FSFX | 25862 | N/A | 25862 | 20690 | USD |
| DTB | XAUUSD | Gold Spot USD/oz. loco London | FGFX | 12806 | N/A | 12806 | 10245 | USD |
CBOT (ECBOT)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| ECBOT | 7I | CBOT 7 Year Interest Rate Swap | 7I | 2160 | N/A | 2160 | 1600 | USD |
| ECBOT | AC | Ethanol -CME | EH | 5130 | N/A | 5130 | 3800 | USD |
| ECBOT | AIGCI | Dow Jones-UBS Excess Return Commodity Index | AW | 438 | N/A | 438 | 350 | USD |
| ECBOT | DD | Big Sized Dow Jones Industrial Average $25 | DD | 7813 | 6250 | 15625 | 12500 | USD |
| ECBOT | DJUSRE | Dow Jones US Real Estate Index | RX | 1250 | N/A | 1250 | 1000 | USD |
| ECBOT | I3 | CBOT 30 Year Interest Rate Swap | I3 | 10125 | N/A | 10125 | 7500 | USD |
| ECBOT | INDU | Dow Jones Industrial Average | ZD | 3125 | 2500 | 6250 | 5000 | USD |
| ECBOT | SA | 5 Year Swap Future | SA | 743 | N/A | 743 | 550 | USD |
| ECBOT | SR | 10 Year Swap Futures | SR | 1692 | N/A | 1692 | 1253 | USD |
| ECBOT | UB | Ultra Treasury Bond | UB | 2582 | 1913 | 5164 | 3825 | USD |
| ECBOT | YC | Mini Sized Corn Futures | XC | 540 | N/A | 540 | 400 | USD |
| ECBOT | YK | Mini Sized Soybean Futures | XK | 918 | N/A | 918 | 680 | USD |
| ECBOT | YM | Mini Sized Dow Jones Industrial Average $5 | YM | 1563 | 1250 | 3125 | 2500 | USD |
| ECBOT | YW | Mini Sized Wheat Futures | XW | 648 | N/A | 648 | 480 | USD |
| ECBOT | Z3N | 3 YEAR US TREASURY NOTE | Z3N | 675 | 500 | 1350 | 1000 | USD |
| ECBOT | ZB | 30 Year US Treasury Bond | ZB | 1688 | 1250 | 3375 | 2500 | USD |
| ECBOT | ZC | Corn Futures | ZC | 2700 | N/A | 2700 | 2000 | USD |
| ECBOT | ZF | 5 Year US Treasury Note | ZF | 371 | 275 | 743 | 550 | USD |
| ECBOT | ZL | Soybean Oil Futures | ZL | 1688 | N/A | 1688 | 1250 | USD |
| ECBOT | ZM | Soybean Meal Futures | ZM | 2700 | N/A | 2700 | 2000 | USD |
| ECBOT | ZN | 10 Year US Treasury Note | ZN | 743 | 550 | 1485 | 1100 | USD |
| ECBOT | ZO | Oat Futures | ZO | 1350 | N/A | 1350 | 1000 | USD |
| ECBOT | ZQ | 30 Day Fed Funds | ZQ | 74 | 55 | 149 | 110 | USD |
| ECBOT | ZR | Rough Rice Futures | ZR | 1350 | N/A | 1350 | 1000 | USD |
| ECBOT | ZS | Soybean Futures | ZS | 4590 | N/A | 4590 | 3400 | USD |
| ECBOT | ZT | 2 Year US Treasury Note | ZT | 152 | 113 | 304 | 225 | USD |
| ECBOT | ZW | Wheat Futures | ZW | 3240 | N/A | 3240 | 2400 | USD |
ELX
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| ELX | GE | GLOBEX Euro-Dollar | GEE | 296 | N/A | 296 | 200 | USD |
| ELX | UB | Ultra Treasury Bond | ZUE | 10190 | N/A | 10190 | 7650 | USD |
| ELX | ZB | 30 Year US Treasury Bond | ZBE | 3275 | 2500 | 6550 | 5000 | USD |
| ELX | ZF | 5 Year US Treasury Note | ZFE | 755 | 550 | 1510 | 1100 | USD |
| ELX | ZN | 10 Year US Treasury Note | ZNE | 1700 | 1100 | 3399 | 2200 | USD |
| ELX | ZT | 2 Year US Treasury Note | ZTE | 405 | 225 | 810 | 450 | USD |
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| EUREXCBL | ACS | - | OCIP | 276 | N/A | 276 | 221 | EUR |
| EUREXCBL | ACX | - | ACEP | 101 | N/A | 101 | 80 | EUR |
| EUREXCBL | BBVA | - | BBVG | 93 | N/A | 93 | 74 | EUR |
| EUREXCBL | BBVA | - | BBVP | 93 | N/A | 93 | 74 | EUR |
| EUREXCBL | IBE | - | IBEG | 53 | N/A | 53 | 43 | EUR |
| EUREXCBL | IBE | - | IBEP | 53 | N/A | 53 | 43 | EUR |
| EUREXCBL | ITX | - | IXDP | 1309 | N/A | 1309 | 1047 | EUR |
| EUREXCBL | POP | - | POPP | 8 | N/A | 8 | 6 | EUR |
| EUREXCBL | REP | - | REPF | 231 | N/A | 231 | 185 | EUR |
| EUREXCBL | REP | - | REPP | 231 | N/A | 231 | 185 | EUR |
| EUREXCBL | SANT | - | SANP | 69 | N/A | 69 | 55 | EUR |
| EUREXCBL | TEF | - | TEFF | 140 | N/A | 140 | 112 | EUR |
| EUREXCBL | TEF | - | TEFP | 140 | N/A | 140 | 112 | EUR |
Euronext NL (FTA)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| FTA | AMX | AMX INDEX | FMX | 0 | N/A | 0 | 0 | EUR |
| FTA | EOE | AMS EOE Index | FTI | 2125 | 1700 | 4250 | 3400 | EUR |
| FTA | FED | Euro in US Dollars Index | FED | 2000 | N/A | 2000 | 1600 | USD |
CME (GLOBEX)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| GLOBEX | 16E | EUR/USD 1-month Realized Volatility Index | 16E | 6250 | N/A | 6250 | 5000 | USD |
| GLOBEX | 36E | EUR/USD 3-month Realized Volatility Index | 36E | 3000 | N/A | 3000 | 2400 | USD |
| GLOBEX | ACD | Australian dollar | ACD | 6250 | N/A | 6250 | 5000 | CAD |
| GLOBEX | AJY | Australian dollar | AJY | 1500000 | N/A | 1500000 | 1200000 | JPY |
| GLOBEX | AUD | Australian dollar | 6A | 1971 | N/A | 1971 | 1577 | USD |
| GLOBEX | BOS | Boston Housing Index | BOS | 3125 | N/A | 3125 | 2500 | USD |
| GLOBEX | BQX | CME E-Mini NASDAQ Biotechnology | BIO | 8750 | N/A | 8750 | 7000 | USD |
| GLOBEX | BRE | Brazilian Real in US Dollars | 6L | 2625 | N/A | 2625 | 2100 | USD |
| GLOBEX | CAD | Canadian dollar | 6C | 1250 | N/A | 1250 | 1000 | USD |
| GLOBEX | CB | CME Cash-Settled Butter Futures | CB | 1620 | N/A | 1620 | 1200 | USD |
| GLOBEX | CHF | Swiss franc | 6S | 2928 | N/A | 2928 | 2342 | USD |
| GLOBEX | CHI | Chicago Housing Index | CHI | 1875 | N/A | 1875 | 1500 | USD |
| GLOBEX | CJY | Canadian dollar | CJY | 1300000 | N/A | 1300000 | 1040000 | JPY |
| GLOBEX | CNH | United States dollar | CNH | 55000 | N/A | 55000 | 44000 | CNH |
| GLOBEX | CSC | Cheese | CSC | 2025 | N/A | 2025 | 1500 | USD |
| GLOBEX | CUS | Housing Index Composite | CUS | 2500 | N/A | 2500 | 2000 | USD |
| GLOBEX | CZK | Czech koruna | CZK | 14375 | N/A | 14375 | 11500 | USD |
| GLOBEX | DA | MILK CLASS III INDEX | DC | 1755 | N/A | 1755 | 1300 | USD |
| GLOBEX | DEN | Denver Housing Index | DEN | 1875 | N/A | 1875 | 1500 | USD |
| GLOBEX | DY | CME DRY WHEY INDEX | DY | 2700 | N/A | 2700 | 2000 | USD |
| GLOBEX | E7 | European Monetary Union Euro | E7 | 1590 | N/A | 1590 | 1272 | USD |
| GLOBEX | EAD | European Monetary Union Euro | EAD | 5250 | N/A | 5250 | 4200 | AUD |
| GLOBEX | ECD | European Monetary Union Euro | ECD | 5000 | N/A | 5000 | 4000 | CAD |
| GLOBEX | ECK | Czech koruna | ECK | 5250 | N/A | 5250 | 4200 | EUR |
| GLOBEX | EED | E-mini Euro-Dollar | EED | 135 | 100 | 270 | 200 | USD |
| GLOBEX | EHF | Hungarian forint | EHF | 5000 | N/A | 5000 | 4000 | EUR |
| GLOBEX | EM | 1 Month LIBOR (Int. Rate) | GLB | 203 | N/A | 203 | 150 | USD |
| GLOBEX | EMD | E-mini S&P Midcap 400 Futures | EMD | 5000 | N/A | 5000 | 4000 | USD |
| GLOBEX | EPZ | Polish zloty | EPZ | 2188 | N/A | 2188 | 1750 | EUR |
| GLOBEX | ES | E-mini S&P 500 | ES | 2188 | 1750 | 4375 | 3500 | USD |
| GLOBEX | EUR | European Monetary Union Euro | 6E | 3180 | N/A | 3180 | 2544 | USD |
| GLOBEX | GBP | British pound | 6B | 1626 | N/A | 1626 | 1301 | USD |
| GLOBEX | GDK | Class IV Milk - 200k lbs | GDK | 3510 | N/A | 3510 | 2600 | USD |
| GLOBEX | GE | GLOBEX Euro-Dollar | GE | 135 | 100 | 270 | 200 | USD |
| GLOBEX | GF | Feeder Cattle | GF | 2430 | N/A | 2430 | 1800 | USD |
| GLOBEX | GSCI | CME GSCI Index | GD | 8750 | N/A | 8750 | 7000 | USD |
| GLOBEX | GTB | 13 Week T-Bills | GTB | 810 | N/A | 810 | 600 | USD |
| GLOBEX | HE | Lean Hogs | HE | 1418 | N/A | 1418 | 1050 | USD |
| GLOBEX | HUF | Hungarian forint | HUF | 8750 | N/A | 8750 | 7000 | USD |
| GLOBEX | IBAA | Bovespa Index - USD | IBV | 24000 | N/A | 24000 | 19200 | USD |
| GLOBEX | ILS | Israeli Shekel in US Dollar | ILS | 10000 | N/A | 10000 | 8000 | USD |
| GLOBEX | IXB | Materials Select Sector Index | XAB | 3500 | N/A | 3500 | 2800 | USD |
| GLOBEX | IXE | Energy Select Sector Index | XAE | 7000 | N/A | 7000 | 5600 | USD |
| GLOBEX | IXI | Industrial Select Sector Index | XAI | 3250 | N/A | 3250 | 2600 | USD |
| GLOBEX | IXM | Financial Select Sector Index | XAF | 2000 | N/A | 2000 | 1600 | USD |
| GLOBEX | IXR | Consumer Staples Select Sector Index | XAP | 1566 | N/A | 1566 | 1253 | USD |
| GLOBEX | IXT | Technology Select Sector Index - | XAK | 2250 | N/A | 2250 | 1800 | USD |
| GLOBEX | IXU | Utilities Select Sector Index | XAU | 1503 | N/A | 1503 | 1202 | USD |
| GLOBEX | IXV | Health Care Select Sector Index | XAV | 1834 | N/A | 1834 | 1467 | USD |
| GLOBEX | IXY | Consumer Discretionary Select Sector Index | XAY | 3000 | N/A | 3000 | 2400 | USD |
| GLOBEX | J7 | Japanese yen | J7 | 1938 | N/A | 1938 | 1550 | USD |
| GLOBEX | JPY | Japanese yen | 6J | 3875 | N/A | 3875 | 3100 | USD |
| GLOBEX | KRW | Korean Won | KRW | 3750 | N/A | 3750 | 3000 | USD |
| GLOBEX | LAV | Las Vegas Housing Index | LAV | 3750 | N/A | 3750 | 3000 | USD |
| GLOBEX | LAX | Los Angeles Housing Index | LAX | 3750 | N/A | 3750 | 3000 | USD |
| GLOBEX | LB | Random Length Lumber | LBS | 2276 | N/A | 2276 | 1517 | USD |
| GLOBEX | LE | Live Cattle | LE | 1350 | N/A | 1350 | 1000 | USD |
| GLOBEX | M6A | Australian dollar | M6A | 197 | N/A | 197 | 158 | USD |
| GLOBEX | M6B | British pound | M6B | 163 | N/A | 163 | 130 | USD |
| GLOBEX | M6C | United States dollar | M6C | 213 | N/A | 213 | 170 | CAD |
| GLOBEX | M6E | European Monetary Union Euro | M6E | 318 | N/A | 318 | 254 | USD |
| GLOBEX | M6J | United States dollar | M6J | 30710 | N/A | 30710 | 24568 | JPY |
| GLOBEX | M6S | United States dollar | M6S | 413 | N/A | 413 | 330 | CHF |
| GLOBEX | MCD | Canadian dollar | MCD | 125 | N/A | 125 | 100 | USD |
| GLOBEX | MIA | Miami Housing Index | MIA | 3750 | N/A | 3750 | 3000 | USD |
| GLOBEX | MID | S&P Midcap 400 Stock Index | MD | 25000 | N/A | 25000 | 20000 | USD |
| GLOBEX | MIR | Indian Rupee | MIR | 1500 | N/A | 1500 | 1200 | USD |
| GLOBEX | MJY | Japanese yen | MJY | 388 | N/A | 388 | 310 | USD |
| GLOBEX | MNCA | E-Micro S&P CNX Nifty Index | MNF | 1375 | N/A | 1375 | 1100 | USD |
| GLOBEX | MNEA | E-mini S&P CNX Nifty Index | EMF | 6875 | N/A | 6875 | 5500 | USD |
| GLOBEX | MNH | United States dollar | MNH | 5500 | N/A | 5500 | 4400 | CNH |
| GLOBEX | MSF | Swiss franc | MSF | 293 | N/A | 293 | 234 | USD |
| GLOBEX | MXP | Mexican Peso | 6M | 2500 | N/A | 2500 | 2000 | USD |
| GLOBEX | NDX | NASDAQ 100 Stock Index | ND | 6250 | 5000 | 12500 | 10000 | USD |
| GLOBEX | NF | NON FAT DRY MILK INDEX | GNF | 4995 | N/A | 4995 | 3700 | USD |
| GLOBEX | NIY | Yen Denominated Nikkei 225 Index | ENY | 79453 | N/A | 79453 | 63562 | JPY |
| GLOBEX | NIY | Yen Denominated Nikkei 225 Index | NIY | 397265 | N/A | 397265 | 317812 | JPY |
| GLOBEX | NKD | Dollar Denominated Nikkei 225 Index | NKD | 1983 | 1587 | 3966 | 3173 | USD |
| GLOBEX | NOK | Norwegian krone | NOK | 13750 | N/A | 13750 | 11000 | USD |
| GLOBEX | NQ | E-mini NASDAQ 100 Futures | NQ | 1250 | 1000 | 2500 | 2000 | USD |
| GLOBEX | NYM | New York Housing Index | NYM | 3125 | N/A | 3125 | 2500 | USD |
| GLOBEX | NZD | New Zealand dollar | 6N | 1895 | N/A | 1895 | 1516 | USD |
| GLOBEX | PJY | British pound | PJY | 1075000 | N/A | 1075000 | 860000 | JPY |
| GLOBEX | PLN | Polish zloty | PLN | 5000 | N/A | 5000 | 4000 | USD |
| GLOBEX | PSF | British pound | PSF | 5625 | N/A | 5625 | 4500 | CHF |
| GLOBEX | RF | European Monetary Union Euro | RF | 1650 | N/A | 1650 | 1320 | CHF |
| GLOBEX | RMB | CME Chinese Renminbi in US Dollar Cross Rate | RMB | 13750 | N/A | 13750 | 11000 | USD |
| GLOBEX | RME | CME Chinese Renminbi in Euro Cross Rate | RME | 6500 | N/A | 6500 | 5200 | EUR |
| GLOBEX | RMY | CME Chinese Renminbi in Japanese Yen Cross Rate | RMY | 1012500 | N/A | 1012500 | 810000 | JPY |
| GLOBEX | RP | European Monetary Union Euro | RP | 1813 | N/A | 1813 | 1450 | GBP |
| GLOBEX | RUR | Russian Ruble in US Dollars | 6R | 4688 | N/A | 4688 | 3750 | USD |
| GLOBEX | RY | European Monetary Union Euro | RY | 562500 | N/A | 562500 | 450000 | JPY |
| GLOBEX | SDG | San Diego Housing Index | SDG | 3750 | N/A | 3750 | 3000 | USD |
| GLOBEX | SEK | Swedish krona | SEK | 13750 | N/A | 13750 | 11000 | USD |
| GLOBEX | SEY | Euroyen (TIBOR) Index | EJ | 24300 | N/A | 24300 | 18000 | JPY |
| GLOBEX | SFR | San Francisco Housing Index | SFR | 3750 | N/A | 3750 | 3000 | USD |
| GLOBEX | SGX | S&P 500 / Citigroup Growth Index | SG | 17500 | N/A | 17500 | 14000 | USD |
| GLOBEX | SIR | Indian Rupee | SIR | 7500 | N/A | 7500 | 6000 | USD |
| GLOBEX | SJY | Swiss franc | SJY | 804516 | N/A | 804516 | 643613 | JPY |
| GLOBEX | SMC | E-Mini S&P SmallCap 600 Futures | SMC | 5500 | N/A | 5500 | 4400 | USD |
| GLOBEX | SML | S&P Smallcap 600 Futures | SMP | 27500 | N/A | 27500 | 22000 | USD |
| GLOBEX | SPX | S&P 500 Stock Index | SP | 10938 | 8750 | 21875 | 17500 | USD |
| GLOBEX | SVX | S&P 500 / Citigroup Value Index | SU | 15000 | N/A | 15000 | 12000 | USD |
| GLOBEX | WDC | Washington DC Housing Index | WDC | 3750 | N/A | 3750 | 3000 | USD |
| GLOBEX | ZAR | South African Rand | 6Z | 2500 | N/A | 2500 | 2000 | USD |
Hong Kong Futures Exchange (HKFE)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| HKFE | 1 | Cheung Kong Holdings Ltd | CKH | 3570 | 2856 | 7140 | 5712 | HKD |
| HKFE | 11 | Hang Seng Bank Ltd | HSB | 385 | 308 | 770 | 616 | HKD |
| HKFE | 12 | Henderson Land Development Co Ltd | HLD | 1860 | 1488 | 3720 | 2976 | HKD |
| HKFE | 13 | Hutchison Whampoa Ltd | HWL | 2575 | 2060 | 5150 | 4120 | HKD |
| HKFE | 1398 | Industrial & Commercial Bank of China | ICB | 173 | 138 | 346 | 277 | HKD |
| HKFE | 16 | Sun Hung Kai Properties Ltd | SHK | 3525 | 2820 | 7050 | 5640 | HKD |
| HKFE | 17 | New World Development Co Ltd | NWD | 484 | 387 | 967 | 774 | HKD |
| HKFE | 1800 | China Communications Construction Co Ltd | CCC | 335 | 268 | 669 | 535 | HKD |
| HKFE | 19 | Swire Pacific Ltd | SWA | 1485 | 1188 | 2970 | 2376 | HKD |
| HKFE | 2 | CLP Holdings Ltd | CLP | 1075 | 860 | 2150 | 1720 | HKD |
| HKFE | 2038 | Foxconn International Holdings Ltd | FIH | 150 | 120 | 300 | 240 | HKD |
| HKFE | 23 | Bank of East Asia Ltd | BEA | 188 | 150 | 376 | 301 | HKD |
| HKFE | 2318 | Ping An Insurance Group Co of China Ltd | PAI | 1030 | 824 | 2060 | 1648 | HKD |
| HKFE | 2328 | PICC Property & Casualty Co Ltd | PIC | 905 | 724 | 1810 | 1448 | HKD |
| HKFE | 2388 | BOC Hong Kong Holdings Ltd | BOC | 391 | 313 | 782 | 626 | HKD |
| HKFE | 2600 | Aluminum Corp of China Ltd | ALC | 330 | 264 | 660 | 528 | HKD |
| HKFE | 2628 | China Life Insurance Co Ltd | CLI | 985 | 788 | 1970 | 1576 | HKD |
| HKFE | 267 | Citic Pacific Ltd | CIT | 462 | 369 | 923 | 738 | HKD |
| HKFE | 293 | Cathay Pacific Airways Ltd | CPA | 468 | 374 | 935 | 748 | HKD |
| HKFE | 3 | Hong Kong & China Gas Co Ltd | HKG | 720 | 576 | 1440 | 1152 | HKD |
| HKFE | 330 | Esprit Holdings Ltd | ESA | 38 | 30 | 76 | 61 | HKD |
| HKFE | 330 | Esprit Holdings Ltd | ESP | 35 | 28 | 70 | 56 | HKD |
| HKFE | 3328 | Bank of Communications Co Ltd | BCM | 215 | 172 | 429 | 343 | HKD |
| HKFE | 386 | China Petroleum & Chemical Corp | CPC | 565 | 452 | 1130 | 904 | HKD |
| HKFE | 388 | Hong Kong Exchanges and Clearing Ltd | HEX | 397 | 317 | 793 | 634 | HKD |
| HKFE | 3968 | China Merchants Bank Co Ltd | CMB | 329 | 263 | 658 | 526 | HKD |
| HKFE | 3988 | Bank of China Ltd | BCL | 115 | 92 | 230 | 184 | HKD |
| HKFE | 4 | Wharf Holdings Ltd | WHL | 3005 | 2404 | 6010 | 4808 | HKD |
| HKFE | 494 | Li & Fung Ltd | LIF | 930 | 744 | 1860 | 1488 | HKD |
| HKFE | 5 | HSBC Holdings PLC | HKB | 1005 | 804 | 2010 | 1608 | HKD |
| HKFE | 6 | Power Assets Holdings Ltd | HEH | 1155 | 924 | 2310 | 1848 | HKD |
| HKFE | 66 | MTR Corp | MTR | 479 | 383 | 958 | 766 | HKD |
| HKFE | 728 | China Telecom Corp Ltd | CTC | 234 | 187 | 468 | 374 | HKD |
| HKFE | 762 | China Unicom Hong Kong Ltd | CHU | 1045 | 836 | 2090 | 1672 | HKD |
| HKFE | 857 | PetroChina Co Ltd | PEC | 675 | 540 | 1350 | 1080 | HKD |
| HKFE | 883 | CNOOC Ltd | CNC | 489 | 391 | 978 | 782 | HKD |
| HKFE | 902 | Huaneng Power International Inc | HNP | 690 | 552 | 1380 | 1104 | HKD |
| HKFE | 939 | China Construction Bank Corp | CCB | 196 | 156 | 391 | 313 | HKD |
| HKFE | 941 | China Mobile Ltd | CHT | 1295 | 1036 | 2590 | 2072 | HKD |
| HKFE | GLD | Gold Futures | GLD | 13300 | N/A | 13300 | 10640 | USD |
| HKFE | HHI.HK | Hang Seng China Enterprise Index | HHI | 19900 | 15920 | 39800 | 31840 | HKD |
| HKFE | HHIDPI | HSCEI Dividend Point Index | DHH | 2080 | N/A | 2080 | 1664 | HKD |
| HKFE | HSI | Hang Seng Stock Index | HSI | 41300 | 33040 | 82600 | 66080 | HKD |
| HKFE | HSIDPI | HSI Dividend Point Index | DHS | 3860 | N/A | 3860 | 3088 | HKD |
| HKFE | IBOV | Brazil Bovespa Stock Index | BOV | 53670 | N/A | 53670 | 42936 | HKD |
| HKFE | INDEXCF | MICEX Index | MCX | 44880 | N/A | 44880 | 35904 | HKD |
| HKFE | MCH.HK | Mini-Hang Seng China Enterprises Index | MCH | 3980 | 3184 | 7960 | 6368 | HKD |
| HKFE | MHI | Mini Hang Seng Index | MHI | 8260 | 6608 | 16520 | 13216 | HKD |
| HKFE | SENSEX | Sensitive Index 30 | BSE | 36240 | N/A | 36240 | 28992 | HKD |
| HKFE | TOP40 | FTSE/JSE Africa Top40 Index | SAF | 64050 | N/A | 64050 | 51240 | HKD |
| HKFE | VHSI | Hang Seng Volatility Index | VHS | 48880 | N/A | 48880 | 39104 | HKD |
Hong Kong Mercantile Exchange (HKMEX)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| HKMEX | HKG | 32 Troy Ounces Gold | HKG | 3200 | N/A | 3200 | 2560 | USD |
| HKMEX | HKS | 1000 Troy Ounces Silver | HKS | 3250 | N/A | 3250 | 2600 | USD |
ICE Futures US (ICEUS)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| ICEUS | AUD | Australian dollar | KAU | 4625 | N/A | 4625 | 3700 | USD |
| ICEUS | EJ | NYBOT Euro in Japanese Yen | KEJ | 793750 | N/A | 793750 | 635000 | JPY |
| ICEUS | EO | European Monetary Union Euro | KEO | 3176 | N/A | 3176 | 2541 | USD |
| ICEUS | GB | Euro in British Pound | KGB | 2250 | N/A | 2250 | 1800 | GBP |
| ICEUS | IAU | Million Australian Dollar in US Dollar | IAU | 46250 | N/A | 46250 | 37000 | USD |
| ICEUS | IEJ | Million Euro in Japanese Yen | IEJ | 6350000 | N/A | 6350000 | 5080000 | JPY |
| ICEUS | IEO | Million Euro in US Dollar | IEO | 25406 | N/A | 25406 | 20325 | USD |
| ICEUS | IGB | Million Euro in British Pound | IGB | 18000 | N/A | 18000 | 14400 | GBP |
| ICEUS | IMP | Million British Pound in US Dollar | IMP | 48000 | N/A | 48000 | 38400 | USD |
| ICEUS | ISN | Million US Dollar in Japanese Yen | ISN | 4093750 | N/A | 4093750 | 3275000 | JPY |
| ICEUS | MP | British pound | MP | 3000 | N/A | 3000 | 2400 | USD |
| ICEUS | SY | British Pound in Japanese Yen | SY | 621875 | N/A | 621875 | 497500 | JPY |
| ICEUS | ZY | Swiss Franc in Japanese Yen | KZY | 811500 | N/A | 811500 | 649200 | JPY |
Borsa Italiana (IDEM)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| IDEM | A2A | A2A SpA | A2A | 732 | N/A | 732 | 586 | EUR |
| IDEM | ACE | ACEA SpA | ACE | 479 | N/A | 479 | 383 | EUR |
| IDEM | AGL | Autogrill SpA | AGL | 797 | N/A | 797 | 638 | EUR |
| IDEM | ATL | Atlantia SpA | ATL | 1125 | N/A | 1125 | 900 | EUR |
| IDEM | BMPS | Banca Monte dei Paschi di Siena SpA | BMPS | 404 | N/A | 404 | 323 | EUR |
| IDEM | BP | Banco Popolare SC | BP | 314 | N/A | 314 | 252 | EUR |
| IDEM | BZU | Buzzi Unicem SpA | BZU | 185 | N/A | 185 | 148 | EUR |
| IDEM | CPR | Davide Campari-Milano SpA | CPR | 831 | N/A | 831 | 665 | EUR |
| IDEM | ENEL | Enel SpA | ENEL | 211 | N/A | 211 | 169 | EUR |
| IDEM | ENI | Eni SpA | ENI | 1453 | N/A | 1453 | 1163 | EUR |
| IDEM | ERG | ERG SpA | ERG | 840 | N/A | 840 | 672 | EUR |
| IDEM | EXO | Exor SpA | EXO | 607 | N/A | 607 | 485 | EUR |
| IDEM | FNC | Finmeccanica SpA | FNC | 693 | N/A | 693 | 554 | EUR |
| IDEM | FSA | Fondiaria-Sai SpA | FSA | 869 | N/A | 869 | 695 | EUR |
| IDEM | FSA | Fondiaria-Sai SpA | FSA.1 | 337 | N/A | 337 | 270 | EUR |
| IDEM | FSA | Fondiaria-Sai SpA | FSA.2 | 307 | N/A | 307 | 245 | EUR |
| IDEM | FTMIB | FTSE MIB Index | FTMIB | 6101 | 4881 | 12202 | 9762 | EUR |
| IDEM | G | Assicurazioni Generali SpA | G | 271 | N/A | 271 | 217 | EUR |
| IDEM | GEO | Geox SpA | GEO | 223 | N/A | 223 | 179 | EUR |
| IDEM | ISP | Intesa Sanpaolo SpA | ISP | 402 | N/A | 402 | 321 | EUR |
| IDEM | ISPR | Intesa Sanpaolo SpA | ISPR | 320 | N/A | 320 | 256 | EUR |
| IDEM | IT | Italcementi SpA | IT | 119 | N/A | 119 | 95 | EUR |
| IDEM | LTO | Lottomatica Group SpA | LTO | 304 | N/A | 304 | 243 | EUR |
| IDEM | LUX | Luxottica Group SpA | LUX | 2906 | N/A | 2906 | 2325 | EUR |
| IDEM | MB | Mediobanca SpA | MB | 522 | N/A | 522 | 418 | EUR |
| IDEM | MED | Mediolanum SpA | MED | 660 | N/A | 660 | 528 | EUR |
| IDEM | MIBDIV | FTSE MIB Dividend Index | FDIV | 673 | N/A | 673 | 538 | EUR |
| IDEM | MINI | Mini FTSE MIB Index | MINI | 1220 | 976 | 2440 | 1952 | EUR |
| IDEM | MN | Arnoldo Mondadori Editore SpA | MN | 228 | N/A | 228 | 183 | EUR |
| IDEM | MS | Mediaset SpA | MS | 514 | N/A | 514 | 411 | EUR |
| IDEM | PC | Pirelli & C. SpA | PC | 898 | N/A | 898 | 718 | EUR |
| IDEM | PLT | Parmalat SpA | PLT | 380 | N/A | 380 | 304 | EUR |
| IDEM | PMI | Banca Popolare di Milano Scarl | PMI | 646 | N/A | 646 | 516 | EUR |
| IDEM | PRY | Prysmian SpA | PRY | 340 | N/A | 340 | 272 | EUR |
| IDEM | SPM | Saipem SpA | SPM | 5030 | N/A | 5030 | 4024 | EUR |
| IDEM | SRG | Snam SpA | SRG | 477 | N/A | 477 | 381 | EUR |
| IDEM | SRS | Saras SpA | SRS | 246 | N/A | 246 | 197 | EUR |
| IDEM | STM | STMicroelectronics NV | STM | 710 | N/A | 710 | 568 | EUR |
| IDEM | TEN | Tenaris SA | TEN | 1847 | N/A | 1847 | 1478 | EUR |
| IDEM | TIT | Telecom Italia SpA | TIT | 101 | N/A | 101 | 80 | EUR |
| IDEM | TITR | Telecom Italia SpA | TITR | 95 | N/A | 95 | 76 | EUR |
| IDEM | TOD | Tod's SpA | TOD | 1713 | N/A | 1713 | 1370 | EUR |
| IDEM | TRN | Terna Rete Elettrica Nazionale SpA | TRN | 2176 | N/A | 2176 | 1741 | EUR |
| IDEM | UBI | Unione di Banche Italiane SCPA | UBI | 360 | N/A | 360 | 288 | EUR |
| IDEM | UCG | UniCredit SpA | UCG | 1242 | N/A | 1242 | 994 | EUR |
| IDEM | UNI | Unipol Gruppo Finanziario SpA | UNI | 469 | N/A | 469 | 375 | EUR |
| IDEM | UNI | Unipol Gruppo Finanziario SpA | UNI.1 | 47 | N/A | 47 | 37 | EUR |
Intercontinental Exchange (IPE)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| IPE | CER | ICE ECX CER Futures | CER | 725 | N/A | 725 | 580 | EUR |
| IPE | COIL | ICE Brent Crude | COIL | 5375 | N/A | 5375 | 4300 | USD |
| IPE | ECF | ICE ECX EUA Futures | ECF | 2250 | N/A | 2250 | 1800 | EUR |
| IPE | ERU | ICE ECX ERU Futures | ERU | 600 | N/A | 600 | 480 | EUR |
| IPE | GOIL | ICE Gasoil | GOIL | 4371 | N/A | 4371 | 3497 | USD |
| IPE | HOIL | ICE Heating Oil | HOIL | 4940 | N/A | 4940 | 3952 | USD |
| IPE | NGF | ICE UK Natural Gas | NGF | 1200 | N/A | 1200 | 960 | GBP |
| IPE | RBOB | ICE NYH RBOB Gasoline | RBOB | 6121 | N/A | 6121 | 4897 | USD |
| IPE | WTI | West Texas Intermediate Light Sweet Crude Oil | WTI | 2500 | 2000 | 5000 | 4000 | USD |
Korea Stock Exchange (KSE)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| KSE | K200 | KOSPI200 Index | 01 | 7859700 | 5269800 | 15719400 | 10539600 | KRW |
London International Futures & Options Exchange (LIFFE)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| LIFFE | F1DV | FTSE 100 Dividend Index | XZ | 113 | N/A | 113 | 90 | GBP |
| LIFFE | G | Short Gilt | G | 500 | N/A | 500 | 400 | GBP |
| LIFFE | H | Medium Gilt | H | 1250 | N/A | 1250 | 1000 | GBP |
| LIFFE | I | 3 Month EURIBOR Interest Rate | I | 313 | 250 | 625 | 500 | EUR |
| LIFFE | L | 3 Month Sterling Interest Rate FUT | L | 188 | 150 | 375 | 300 | GBP |
| LIFFE | O | 5 Year Euro Swapnote | O | 1250 | N/A | 1250 | 1000 | EUR |
| LIFFE | P | 10 Year Euro Swapnote | P | 3125 | N/A | 3125 | 2500 | EUR |
| LIFFE | Q | FTSE Eurotop 100 Index | Q | 5500 | N/A | 5500 | 4400 | EUR |
| LIFFE | R | Long Gilt | R | 1875 | 1500 | 3750 | 3000 | GBP |
| LIFFE | S | Three Month Euro Swiss Franc Interest Rate | S | 469 | N/A | 469 | 375 | CHF |
| LIFFE | TWS | 2 Year Euro Swapnote | TWS | 375 | N/A | 375 | 300 | EUR |
| LIFFE | USO | Five Year $ Swapnote | USO | 5000 | N/A | 5000 | 4000 | USD |
| LIFFE | USP | Ten Year $ Swapnote | USP | 11950 | N/A | 11950 | 9560 | USD |
| LIFFE | USW | Two Year Dollar Swapnote | USW | 2750 | N/A | 2750 | 2200 | USD |
| LIFFE | Y | FTSE 250 Index | Y | 7163 | N/A | 7163 | 5730 | GBP |
| LIFFE | Z | FTSE 100 Index | Z | 2188 | 1750 | 4375 | 3500 | GBP |
London International Futures & Options Exchange (LIFFE Commodities)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| LIFFE_NF | C | Cocoa | C | 1125 | N/A | 1125 | 900 | GBP |
| LIFFE_NF | D | Robusta Coffee | RC | 1500 | N/A | 1500 | 1200 | USD |
| LIFFE_NF | T | Wheat | T | 1250 | N/A | 1250 | 1000 | GBP |
| LIFFE_NF | W | White Sugar | W | 1750 | N/A | 1750 | 1400 | USD |
London International Futures & Options Exchange (LIFFE) Universal Stock Futures
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| LSSF | AH | Koninklijke Ahold NV | AHL | 71 | N/A | 71 | 57 | EUR |
| LSSF | AKZ | Akzo Nobel NV | AKZ | 425 | N/A | 425 | 340 | EUR |
| LSSF | ASML | ASML Holding NV | ASL | 504 | N/A | 504 | 403 | EUR |
| LSSF | BP | Banco Popolare SC | BPV | 200 | N/A | 200 | 160 | EUR |
| LSSF | ENEL | Enel SpA | ENL | 263 | N/A | 263 | 210 | EUR |
| LSSF | ENI | Eni SpA | ENI | 1225 | N/A | 1225 | 980 | EUR |
| LSSF | G | Assicurazioni Generali SpA | GEN | 1500 | N/A | 1500 | 1200 | EUR |
| LSSF | HEI | Heineken NV | HEI | 369 | N/A | 369 | 295 | EUR |
| LSSF | ING | ING Groep NV | ING | 88 | N/A | 88 | 70 | EUR |
| LSSF | KPN | Koninklijke KPN NV | KPN | 126 | N/A | 126 | 101 | EUR |
| LSSF | MB | Mediobanca SpA | MB | 625 | N/A | 625 | 500 | EUR |
| LSSF | MS | Mediaset SpA | MSI | 300 | N/A | 300 | 240 | EUR |
| LSSF | PHI | Koninklijke Philips Electronics NV | PHI | 148 | N/A | 148 | 118 | EUR |
| LSSF | RDSA | Royal Dutch Shell PLC | RD | 135 | N/A | 135 | 108 | EUR |
| LSSF | REN | Reed Elsevier NV | REN | 59 | N/A | 59 | 47 | EUR |
| LSSF | STM | STMicroelectronics NV | STM | 650 | N/A | 650 | 520 | EUR |
| LSSF | TIT | Telecom Italia SpA | TI | 75 | N/A | 75 | 60 | EUR |
| LSSF | UCG | UniCredit SpA | UC | 525 | N/A | 525 | 420 | EUR |
| LSSF | UN | Unilever NV | UNA | 121 | N/A | 121 | 97 | EUR |
MATIF
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| MATIF | EBM | Milling Wheat Futures | EBM | 1000 | N/A | 1000 | 800 | EUR |
| MATIF | ECO | European Rapeseed Future | ECO | 1375 | N/A | 1375 | 1100 | EUR |
| MATIF | EMA | Corn | EMA | 938 | N/A | 938 | 750 | EUR |
| MATIF | EOB | Malting Barley Index | EOB | 2125 | N/A | 2125 | 1700 | EUR |
Mercado Espanol de Futuros Finacial Futures & Options Exchange (Meffrv)
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| MEFFRV | ABE | Abertis Infraestructuras SA | ABE | 2 | N/A | 2 | 1 | EUR |
| MEFFRV | ACS | ACS Actividades de Construccion y Servicios SA | ACS | 3 | N/A | 3 | 3 | EUR |
| MEFFRV | ACX | Acerinox SA | ACX | 1 | N/A | 1 | 1 | EUR |
| MEFFRV | ANA | Acciona SA | ANA | 8 | N/A | 8 | 6 | EUR |
| MEFFRV | ATN | Antena 3 de Television SA | A3T | 1 | N/A | 1 | 1 | EUR |
| MEFFRV | BBVA | Banco Bilbao Vizcaya Argentaria SA | BBV | 1 | N/A | 1 | 1 | EUR |
| MEFFRV | BKIA | Bankia SA | BKI | 2 | N/A | 2 | 1 | EUR |
| MEFFRV | BKT | Bankinter SA | BKT | 1 | N/A | 1 | 0 | EUR |
| MEFFRV | BME | Bolsas y Mercados Espanoles SA | BME | 3 | N/A | 3 | 2 | EUR |
| MEFFRV | ELE | Endesa SA | ELE | 2 | N/A | 2 | 2 | EUR |
| MEFFRV | ENG | Enagas SA | ENA | 2 | N/A | 2 | 2 | EUR |
| MEFFRV | FCC | Fomento de Construcciones y Contratas SA | FCC | 2 | N/A | 2 | 1 | EUR |
| MEFFRV | FER | Ferrovial SA | FER | 2 | N/A | 2 | 1 | EUR |
| MEFFRV | GAM | Gamesa Corp Tecnologica SA | GAM | 1 | N/A | 1 | 1 | EUR |
| MEFFRV | GAS | Gas Natural SDG SA | GAS | 2 | N/A | 2 | 2 | EUR |
| MEFFRV | GRF | Grifols SA | GRF | 4 | N/A | 4 | 3 | EUR |
| MEFFRV | IBE | Iberdrola SA | IBE | 1 | N/A | 1 | 1 | EUR |
| MEFFRV | IBEX | IBEX 35 Index Mini | MIX | 563 | 450 | 1125 | 900 | EUR |
| MEFFRV | IBEX35 | IBEX 35 Index | IBX | 563 | 450 | 1125 | 900 | EUR |
| MEFFRV | IDR | Indra Sistemas SA | IDR | 2 | N/A | 2 | 1 | EUR |
| MEFFRV | ITX | Inditex SA | ITX | 13 | N/A | 13 | 10 | EUR |
| MEFFRV | MAP | Mapfre SA | MAP | 0 | N/A | 0 | 0 | EUR |
| MEFFRV | MT | ArcelorMittal | MTS | 1 | N/A | 1 | 1 | EUR |
| MEFFRV | NHH | NH Hoteles SA | NHH | 1 | N/A | 1 | 0 | EUR |
| MEFFRV | POP | Banco Popular Espanol SA | POP | 0 | N/A | 0 | 0 | EUR |
| MEFFRV | REE | Red Electrica Corp SA | REE | 5 | N/A | 5 | 4 | EUR |
| MEFFRV | REP | Repsol SA | REP | 3 | N/A | 3 | 2 | EUR |
| MEFFRV | SAB | Banco de Sabadell SA | SAB | 0 | N/A | 0 | 0 | EUR |
| MEFFRV | SANT | Banco Santander SA | SAN | 1 | N/A | 1 | 1 | EUR |
| MEFFRV | SYV | Sacyr Vallehermoso SA | SVO | 0 | N/A | 0 | 0 | EUR |
| MEFFRV | TEF | Telefonica SA | TEF | 1 | N/A | 1 | 1 | EUR |
| MEFFRV | TL5 | Mediaset Espana Comunicacion SA | TL5 | 1 | N/A | 1 | 1 | EUR |
Mexican Derivatives Exchange (MEXDER)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| MEXDER | AMXL | America Movil SAB de CV | AXL | 175 | N/A | 175 | 140 | MXN |
| MEXDER | BONO10 | 10 Year Bond | M10 | 6250 | N/A | 6250 | 5000 | MXN |
| MEXDER | BONO3 | 3 Year Bond | M3 | 6250 | N/A | 6250 | 5000 | MXN |
| MEXDER | CEMEXCPO | Cemex SAB de CV | CXC | 238 | N/A | 238 | 190 | MXN |
| MEXDER | DEUA | United States dollar | DA | 11250 | N/A | 11250 | 9000 | MXN |
| MEXDER | EURO | European Monetary Union Euro | EU | 15000 | N/A | 15000 | 12000 | MXN |
| MEXDER | FEMSAUBD | Fomento Economico Mexicano SAB de CV | FEM | 688 | N/A | 688 | 550 | MXN |
| MEXDER | IPC | Mexico Bolsa (IPC) Index | IPC | 33750 | N/A | 33750 | 27000 | MXN |
| MEXDER | WALMEXV | Wal-Mart de Mexico SAB de CV | WAL | 625 | N/A | 625 | 500 | MXN |
Euronext France (Monep/Matif)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| MONEP | CAC40 | CAC 40 | FCE | 1469 | 1175 | 2938 | 2350 | EUR |
| MONEP | EPEU | FTSE EPRA/NAREIT Euro Zone | EPE | 2750 | N/A | 2750 | 2200 | EUR |
| MONEP | EPRA | FTSE EPRA/NAREIT Europe | EPR | 1063 | N/A | 1063 | 850 | EUR |
| MONEP | FEF | FTSEurofirst 80 NEW | FEF | 3313 | N/A | 3313 | 2650 | EUR |
| MONEP | FEO | FTSEurofirst 100 NEW | FEO | 5325 | N/A | 5325 | 4260 | EUR |
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| NFX | NAU | - | NAU | 920 | N/A | 920 | 640 | USD |
National Stock Exchange of India (NSE)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| NSE | ABIRLANUV | Aditya Birla Nuvo Ltd | ABIRLANUVO | 54055 | N/A | 54055 | 43244 | INR |
| NSE | ACC | ACC Ltd | ACC | 62209 | N/A | 62209 | 49767 | INR |
| NSE | ADANIENT | Adani Enterprises Ltd | ADANIENT | 50916 | N/A | 50916 | 40733 | INR |
| NSE | ADANIPORT | Adani Ports and Special Economic Zone | ADANIPORTS | 77856 | N/A | 77856 | 62285 | INR |
| NSE | ADANIPOWE | Adani Power Ltd | ADANIPOWER | 85425 | N/A | 85425 | 68340 | INR |
| NSE | ALBK | Allahabad Bank | ALBK | 53594 | N/A | 53594 | 42875 | INR |
| NSE | AMBUJACEM | Ambuja Cements Ltd | AMBUJACEM | 74938 | N/A | 74938 | 59950 | INR |
| NSE | ANDHRABAN | Andhra Bank | ANDHRABANK | 72000 | N/A | 72000 | 57600 | INR |
| NSE | APOLLOTYR | Apollo Tyres Ltd | APOLLOTYRE | 72475 | N/A | 72475 | 57980 | INR |
| NSE | ARVIND | Arvind Ltd | ARVIND | 72975 | N/A | 72975 | 58380 | INR |
| NSE | ASHOKLEY | Ashok Leyland Ltd | ASHOKLEY | 41259 | N/A | 41259 | 33008 | INR |
| NSE | ASIANPAIN | Asian Paints Ltd | ASIANPAINT | 118141 | N/A | 118141 | 94513 | INR |
| NSE | AUROPHARM | Aurobindo Pharma Ltd | AUROPHARMA | 81412 | N/A | 81412 | 65130 | INR |
| NSE | AXISBANK | Axis Bank Ltd | AXISBANK | 75350 | N/A | 75350 | 60280 | INR |
| NSE | BAJAJ-AUT | Bajaj Auto Ltd | BAJAJ-AUTO | 44961 | N/A | 44961 | 35968 | INR |
| NSE | BANKBAROD | Bank of Baroda | BANKBARODA | 72534 | N/A | 72534 | 58028 | INR |
| NSE | BANKINDIA | Bank of India | BANKINDIA | 65031 | N/A | 65031 | 52025 | INR |
| NSE | BANKNIFTY | BANK Nifty | BANKNIFTY | 41609 | N/A | 41609 | 33287 | INR |
| NSE | BATAINDIA | Bata India Ltd | BATAINDIA | 80027 | N/A | 80027 | 64021 | INR |
| NSE | BHARATFOR | Bharat Forge Ltd | BHARATFORG | 47228 | N/A | 47228 | 37783 | INR |
| NSE | BHARTIART | Bharti Airtel Ltd | BHARTIARTL | 61881 | N/A | 61881 | 49505 | INR |
| NSE | BHEL | Bharat Heavy Electricals Ltd | BHEL | 79006 | N/A | 79006 | 63205 | INR |
| NSE | BIOCON | Biocon Ltd | BIOCON | 56209 | N/A | 56209 | 44968 | INR |
| NSE | BPCL | Bharat Petroleum Corp Ltd | BPCL | 82153 | N/A | 82153 | 65723 | INR |
| NSE | CAIRN | Cairn India Ltd | CAIRN | 58984 | N/A | 58984 | 47188 | INR |
| NSE | CANBK | Canara Bank | CANBK | 50938 | N/A | 50938 | 40750 | INR |
| NSE | CENTURYTE | Century Textile & Industries Ltd | CENTURYTEX | 66825 | N/A | 66825 | 53460 | INR |
| NSE | CESC | CESC Ltd | CESC | 63028 | N/A | 63028 | 50423 | INR |
| NSE | CHAMBLFER | Chambal Fertilizers & Chemicals Ltd | CHAMBLFERT | 39175 | N/A | 39175 | 31340 | INR |
| NSE | CIPLA | Cipla Ltd/India | CIPLA | 83419 | N/A | 83419 | 66735 | INR |
| NSE | CNXIT | CNX IT | CNXIT | 85379 | N/A | 85379 | 68303 | INR |
| NSE | COALINDIA | Coal India Ltd | COALINDIA | 58438 | N/A | 58438 | 46750 | INR |
| NSE | COLPAL | Colgate Palmolive India Ltd | COLPAL | 72737 | N/A | 72737 | 58189 | INR |
| NSE | CROMPGREA | Crompton Greaves Ltd | CROMPGREAV | 101588 | N/A | 101588 | 81270 | INR |
| NSE | DABUR | Dabur India Ltd | DABUR | 61738 | N/A | 61738 | 49390 | INR |
| NSE | DENABANK | Dena Bank | DENABANK | 74825 | N/A | 74825 | 59860 | INR |
| NSE | DISHTV | Dish TV India Ltd | DISHTV | 53438 | N/A | 53438 | 42750 | INR |
| NSE | DIVISLAB | Divi's Laboratories Ltd | DIVISLAB | 54906 | N/A | 54906 | 43925 | INR |
| NSE | DLF | DLF Ltd | DLF | 54159 | N/A | 54159 | 43328 | INR |
| NSE | DRREDDY | Dr Reddy's Laboratories Ltd | DRREDDY | 50984 | N/A | 50984 | 40787 | INR |
| NSE | EURINR | Euro in Indian Rupee | EURINR | 2028 | N/A | 2028 | 1622 | INR |
| NSE | EXIDEIND | Exide Industries Ltd | EXIDEIND | 55131 | N/A | 55131 | 44105 | INR |
| NSE | FEDERALBN | Federal Bank Ltd | FEDERALBNK | 46844 | N/A | 46844 | 37475 | INR |
| NSE | FINANTECH | Financial Technologies India Ltd | FINANTECH | 83531 | N/A | 83531 | 66825 | INR |
| NSE | FRL | Pantaloon Retail India Ltd | FRL | 70975 | N/A | 70975 | 56780 | INR |
| NSE | GAIL | GAIL India Ltd | GAIL | 66338 | N/A | 66338 | 53070 | INR |
| NSE | GBPINR | British Pounds in Indian Rupee | GBPINR | 2599 | N/A | 2599 | 2079 | INR |
| NSE | GMRINFRA | GMR Infrastructure Ltd | GMRINFRA | 64000 | N/A | 64000 | 51200 | INR |
| NSE | GODREJIND | Godrej Industries Ltd | GODREJIND | 62094 | N/A | 62094 | 49675 | INR |
| NSE | GRASIM | Grasim Industries Ltd | GRASIM | 76849 | N/A | 76849 | 61479 | INR |
| NSE | GSPL | Gujarat State Petronet Ltd | GSPL | 49225 | N/A | 49225 | 39380 | INR |
| NSE | HAVELLS | Havells India Ltd | HAVELLS | 67491 | N/A | 67491 | 53993 | INR |
| NSE | HCLTECH | HCL Technologies Ltd | HCLTECH | 70741 | N/A | 70741 | 56593 | INR |
| NSE | HDFC | Housing Development Finance Corp | HDFC | 44342 | N/A | 44342 | 35474 | INR |
| NSE | HDFCBANK | HDFC Bank Ltd | HDFCBANK | 70566 | N/A | 70566 | 56453 | INR |
| NSE | HDIL | Housing Development & Infrastructure Ltd | HDIL | 78718 | N/A | 78718 | 62974 | INR |
| NSE | HEROMOTOC | Hero Honda Motors Ltd | HEROMOTOCO | 41284 | N/A | 41284 | 33027 | INR |
| NSE | HEXAWARE | Hexaware Technologies Ltd | HEXAWARE | 62275 | N/A | 62275 | 49820 | INR |
| NSE | HINDALCO | Hindalco Industries Ltd | HINDALCO | 86625 | N/A | 86625 | 69300 | INR |
| NSE | HINDPETRO | Hindustan Petroleum Corp Ltd | HINDPETRO | 61341 | N/A | 61341 | 49073 | INR |
| NSE | HINDUNILV | Hindustan Unilever Ltd | HINDUNILVR | 73252 | N/A | 73252 | 58601 | INR |
| NSE | HINDZINC | Hindustan Zinc Ltd | HINDZINC | 47781 | N/A | 47781 | 38225 | INR |
| NSE | IBREALEST | Indiabulls Real Estate Ltd | IBREALEST | 96488 | N/A | 96488 | 77190 | INR |
| NSE | ICICIBANK | ICICI Bank Ltd | ICICIBANK | 59278 | N/A | 59278 | 47423 | INR |
| NSE | IDBI | IDBI Bank Ltd | IDBI | 71300 | N/A | 71300 | 57040 | INR |
| NSE | IDEA | Idea Cellular Ltd | IDEA | 51825 | N/A | 51825 | 41460 | INR |
| NSE | IDFC | Infrastructure Development Finance Co Ltd | IDFC | 67800 | N/A | 67800 | 54240 | INR |
| NSE | IFCI | IFCI Ltd | IFCI | 52150 | N/A | 52150 | 41720 | INR |
| NSE | IGL | Indraprastha Gas Ltd | IGL | 58138 | N/A | 58138 | 46510 | INR |
| NSE | INDHOTEL | Indian Hotels Co Ltd | INDHOTEL | 44813 | N/A | 44813 | 35850 | INR |
| NSE | INDIACEM | India Cements Ltd | INDIACEM | 69013 | N/A | 69013 | 55210 | INR |
| NSE | INDUA | NSE Dow Jones Industrial Averages Index | DJIA | 47881 | N/A | 47881 | 38305 | INR |
| NSE | INDUSINDB | IndusInd Bank Ltd | INDUSINDBK | 55242 | N/A | 55242 | 44194 | INR |
| NSE | INFY | Infosys Ltd | INFY | 74629 | N/A | 74629 | 59703 | INR |
| NSE | IOB | Indian Overseas Bank | IOB | 50600 | N/A | 50600 | 40480 | INR |
| NSE | IOC | Indian Oil Corp Ltd | IOC | 60975 | N/A | 60975 | 48780 | INR |
| NSE | IRB | IRB Infrastructure Developers Ltd | IRB | 56806 | N/A | 56806 | 45445 | INR |
| NSE | ITC | ITC Ltd | ITC | 65784 | N/A | 65784 | 52628 | INR |
| NSE | IVRCLINFR | IVRCL Infrastructures & Projects Ltd | IVRCLINFRA | 55701 | N/A | 55701 | 44560 | INR |
| NSE | JINDALSTE | Jindal Steel & Power Ltd | JINDALSTEL | 61384 | N/A | 61384 | 49108 | INR |
| NSE | JISLJALEQ | Jain Irrigation Systems Ltd | JISLJALEQS | 60125 | N/A | 60125 | 48100 | INR |
| NSE | JPASSOCIA | Jaiprakash Associates Ltd | JPASSOCIAT | 76138 | N/A | 76138 | 60910 | INR |
| NSE | JPPOWER | Jaiprakash Power Ventures Ltd | JPPOWER | 49525 | N/A | 49525 | 39620 | INR |
| NSE | JPYINR | Japanese Yen in Indian Rupee | JPYINR | 49064 | N/A | 49064 | 39251 | INR |
| NSE | JSWENERGY | JSW Energy Ltd | JSWENERGY | 60300 | N/A | 60300 | 48240 | INR |
| NSE | JSWSTEEL | JSW Steel Ltd | JSWSTEEL | 70528 | N/A | 70528 | 56423 | INR |
| NSE | JUBLFOOD | Jubilant Foodworks Ltd | JUBLFOOD | 55169 | N/A | 55169 | 44135 | INR |
| NSE | KOTAKBANK | Kotak Mahindra Bank Ltd | KOTAKBANK | 77645 | N/A | 77645 | 62116 | INR |
| NSE | KTKBANK | Karnataka Bank Ltd | KTKBANK | 69614 | N/A | 69614 | 55691 | INR |
| NSE | LICHSGFIN | LIC Housing Finance Ltd | LICHSGFIN | 59966 | N/A | 59966 | 47973 | INR |
| NSE | LT | Larsen & Toubro Ltd | LT | 79669 | N/A | 79669 | 63735 | INR |
| NSE | LUPIN | Lupin Ltd | LUPIN | 78698 | N/A | 78698 | 62959 | INR |
| NSE | MARUTI | Maruti Suzuki India Ltd | MARUTI | 83947 | N/A | 83947 | 67158 | INR |
| NSE | MCDOWELL- | United Spirits Ltd | MCDOWELL-N | 62926 | N/A | 62926 | 50341 | INR |
| NSE | MCLEODRUS | McLeod Russel India Ltd | MCLEODRUSS | 61500 | N/A | 61500 | 49200 | INR |
| NSE | MRF | MRF Ltd | MRF | 368302 | N/A | 368302 | 294642 | INR |
| NSE | NFTYMCAP50 | Nifty Midcap 50 | NFTYMCAP50 | 81992 | N/A | 81992 | 65594 | INR |
| NSE | NHPC | NHPC Ltd | NHPC | 41875 | N/A | 41875 | 33500 | INR |
| NSE | NIFTY50 | S&P CNX NSE Nifty Index | NIFTY | 19434 | 15547 | 38868 | 31094 | INR |
| NSE | NMDC | NMDC Ltd | NMDC | 48131 | N/A | 48131 | 38505 | INR |
| NSE | NSEFTSE | NSE FTSE 100 Index | FTSE100 | 84006 | N/A | 84006 | 67205 | INR |
| NSE | NTPC | NTPC Ltd | NTPC | 62831 | N/A | 62831 | 50265 | INR |
| NSE | OFSS | Oracle Financial Sevices Software Ltd | OFSS | 59479 | N/A | 59479 | 47583 | INR |
| NSE | ONGC | Oil & Natural Gas Corp Ltd | ONGC | 66866 | N/A | 66866 | 53493 | INR |
| NSE | OPTOCIRCU | Opto Circuits India Ltd | OPTOCIRCUI | 55098 | N/A | 55098 | 44078 | INR |
| NSE | ORIENTBAN | Oriental Bank Of Commerce | ORIENTBANK | 57472 | N/A | 57472 | 45978 | INR |
| NSE | PETRONET | Petronet LNG Ltd | PETRONET | 56519 | N/A | 56519 | 45215 | INR |
| NSE | PFC | Power Finance Corp Ltd | PFC | 80481 | N/A | 80481 | 64385 | INR |
| NSE | PNB | Punjab National Bank Ltd | PNB | 89106 | N/A | 89106 | 71285 | INR |
| NSE | POWERGRID | Power Grid Corp of India Ltd | POWERGRID | 45838 | N/A | 45838 | 36670 | INR |
| NSE | PTC | PTC India Ltd | PTC | 49838 | N/A | 49838 | 39870 | INR |
| NSE | PUNJLLOYD | Punj Lloyd Ltd | PUNJLLOYD | 110939 | N/A | 110939 | 88752 | INR |
| NSE | RANBAXY | Ranbaxy Laboratories Ltd | RANBAXY | 46306 | N/A | 46306 | 37045 | INR |
| NSE | RAYMOND | Raymond Ltd/India | RAYMOND | 66325 | N/A | 66325 | 53060 | INR |
| NSE | RCOM | Reliance Communications Ltd | RCOM | 154732 | N/A | 154732 | 123786 | INR |
| NSE | RECLTD | Rural Electrification Corp Ltd | RECLTD | 51228 | N/A | 51228 | 40983 | INR |
| NSE | RELCAPITA | Reliance Capital Ltd | RELCAPITAL | 82134 | N/A | 82134 | 65708 | INR |
| NSE | RELIANCE | Reliance Industries Ltd | RELIANCE | 40942 | N/A | 40942 | 32754 | INR |
| NSE | RELINFRA | Reliance Infrastructure Ltd | RELINFRA | 103741 | N/A | 103741 | 82993 | INR |
| NSE | RENUKA | Shree Renuka Sugars Ltd | RENUKA | 47391 | N/A | 47391 | 37913 | INR |
| NSE | RPOWER | Reliance Power Ltd | RPOWER | 69863 | N/A | 69863 | 55890 | INR |
| NSE | SAIL | Steel Authority Of India Ltd | SAIL | 49950 | N/A | 49950 | 39960 | INR |
| NSE | SBIN | State Bank of India | SBIN | 58332 | N/A | 58332 | 46666 | INR |
| NSE | SESAGOA | Sesa Goa Ltd | SESAGOA | 65050 | N/A | 65050 | 52040 | INR |
| NSE | SIEMENS | Siemens Ltd/India | SIEMENS | 80358 | N/A | 80358 | 64286 | INR |
| NSE | SINTEX | Sintex Industries Ltd | SINTEX | 51638 | N/A | 51638 | 41310 | INR |
| NSE | SRTRANSFI | Shriram Transport Finance Co Ltd | SRTRANSFIN | 77544 | N/A | 77544 | 62035 | INR |
| NSE | STER | Sterlite Industries India Ltd | STER | 76425 | N/A | 76425 | 61140 | INR |
| NSE | SUNPHARMA | Sun Pharmaceutical Industries Ltd | SUNPHARMA | 47366 | N/A | 47366 | 37893 | INR |
| NSE | SUNTV | Sun TV Network Ltd | SUNTV | 46950 | N/A | 46950 | 37560 | INR |
| NSE | SYNDIBANK | Syndicate Bank | SYNDIBANK | 55381 | N/A | 55381 | 44305 | INR |
| NSE | TATACHEM | Tata Chemicals Ltd | TATACHEM | 63559 | N/A | 63559 | 50848 | INR |
| NSE | TATACOMM | Tata Communications Ltd | TATACOMM | 44269 | N/A | 44269 | 35415 | INR |
| NSE | TATAGLOBA | Tata Global Beverages Ltd | TATAGLOBAL | 58188 | N/A | 58188 | 46550 | INR |
| NSE | TATAMOTOR | Tata Motors Ltd | TATAMOTORS | 59681 | N/A | 59681 | 47745 | INR |
| NSE | TATAMTRDV | Tata Motors Ltd | TATAMTRDVR | 66075 | N/A | 66075 | 52860 | INR |
| NSE | TATAPOWER | Tata Power Co Ltd | TATAPOWER | 74113 | N/A | 74113 | 59290 | INR |
| NSE | TATASTEEL | Tata Steel Ltd | TATASTEEL | 61338 | N/A | 61338 | 49070 | INR |
| NSE | TCS | Tata Consultancy Services Ltd | TCS | 71958 | N/A | 71958 | 57566 | INR |
| NSE | TECHM | Tech Mahindra Ltd | TECHM | 45575 | N/A | 45575 | 36460 | INR |
| NSE | TITAN | Titan Industries Ltd | TITAN | 54175 | N/A | 54175 | 43340 | INR |
| NSE | UCOBANK | UCO Bank | UCOBANK | 82850 | N/A | 82850 | 66280 | INR |
| NSE | ULTRACEMC | Ultratech Cement Ltd | ULTRACEMCO | 49466 | N/A | 49466 | 39573 | INR |
| NSE | UNIONBANK | Union Bank Of India | UNIONBANK | 51644 | N/A | 51644 | 41315 | INR |
| NSE | UNIPHOS | United Phosphorus Ltd | UNIPHOS | 63856 | N/A | 63856 | 51085 | INR |
| NSE | UNITECH | Unitech Ltd | UNITECH | 71356 | N/A | 71356 | 57085 | INR |
| NSE | USDINR | US Dollars in Indian Rupee | USDINR | 1637 | N/A | 1637 | 1310 | INR |
| NSE | VIJAYABAN | Vijaya Bank | VIJAYABANK | 85275 | N/A | 85275 | 68220 | INR |
| NSE | VOLTAS | Voltas Ltd | VOLTAS | 76700 | N/A | 76700 | 61360 | INR |
| NSE | WIPRO | Wipro Ltd | WIPRO | 33709 | N/A | 33709 | 26968 | INR |
| NSE | YESBANK | Yes Bank Ltd | YESBANK | 52569 | N/A | 52569 | 42055 | INR |
| NSE | ZEEL | Zee Entertainment Enterprises Ltd | ZEEL | 47756 | N/A | 47756 | 38205 | INR |
New York Board of Trade (NYBOT)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| NYBOT | CC | Cocoa NYBOT | CC | 1023 | N/A | 1023 | 818 | USD |
| NYBOT | CT | Cotton No. 2 | CT | 2250 | N/A | 2250 | 1800 | USD |
| NYBOT | DX | NYBOT US Dollar FX | DX | 1500 | N/A | 1500 | 1200 | USD |
| NYBOT | KC | Coffee "C" | KC | 3181 | N/A | 3181 | 2545 | USD |
| NYBOT | OJ | FC Orange Juice "A" | OJ | 2375 | N/A | 2375 | 1900 | USD |
| NYBOT | RLG | Russell 1000 Growth Index | RG | 2835 | N/A | 2835 | 2268 | USD |
| NYBOT | RLV | Russell 1000 Value Index | RV | 3136 | N/A | 3136 | 2509 | USD |
| NYBOT | RYO | Russell 1000 Index | RF | 3431 | N/A | 3431 | 2745 | USD |
| NYBOT | SB | Sugar No. 11 | SB | 938 | N/A | 938 | 750 | USD |
| NYBOT | SF | Sugar #16 112000 lbs | SF | 1500 | N/A | 1500 | 1200 | USD |
| NYBOT | TF | Russell 2000 Mini Futures | TF | 3000 | 2400 | 6000 | 4800 | USD |
| NYBOT | ZC | Corn Futures | ICN | 3313 | N/A | 3313 | 2650 | USD |
| NYBOT | ZL | Soybean Oil Futures | IBO | 1750 | N/A | 1750 | 1400 | USD |
| NYBOT | ZM | Soybean Meal Futures | ISM | 4625 | N/A | 4625 | 3700 | USD |
| NYBOT | ZS | Soybean Futures | IS | 3125 | N/A | 3125 | 2500 | USD |
| NYBOT | ZW | Wheat Futures | IW | 2211 | N/A | 2211 | 1769 | USD |
New York Mercantile Exchange (NYMEX)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| NYMEX | 6Q | NYMEX EMini Silver Index | XSN | 2126 | 1575 | 3038 | 2250 | USD |
| NYMEX | BB | NYMEX Brent Financial Futures Index | BB | 4564 | N/A | 4564 | 3652 | USD |
| NYMEX | BZ | Brent Crude Oil - Last Day | BZ | 4564 | N/A | 4564 | 3652 | USD |
| NYMEX | CC | Cocoa NYBOT | CJ | 4250 | N/A | 4250 | 3400 | USD |
| NYMEX | CL | Light Sweet Crude Oil | CL | 2406 | 1925 | 4813 | 3850 | USD |
| NYMEX | CT | Cotton No. 2 | TT | 5625 | N/A | 5625 | 4500 | USD |
| NYMEX | GC | Gold | GC | 6225 | 4980 | 8893 | 7114 | USD |
| NYMEX | GVXX | Gold Volatility Index | GVF | 5000 | N/A | 5000 | 4000 | USD |
| NYMEX | HG | NYMEX Copper Index | HG | 3917 | 3134 | 5596 | 4477 | USD |
| NYMEX | HH | Natural Gas Last Day Financial Futures Index | HH | 2107 | 1686 | 3010 | 2408 | USD |
| NYMEX | HO | Heating Oil | HO | 3515 | 2812 | 5021 | 4017 | USD |
| NYMEX | HRC | Hot-Rolled Coil Steel Index | HRC | 450 | N/A | 450 | 360 | USD |
| NYMEX | KC | Coffee "C" | KT | 11250 | N/A | 11250 | 9000 | USD |
| NYMEX | MGC | E-Micro Gold | MGC | 622 | 498 | 889 | 711 | USD |
| NYMEX | NG | Henry Hub Natural Gas | NG | 2303 | 1842 | 3290 | 2632 | USD |
| NYMEX | PA | NYMEX Palladium Index | PA | 5000 | N/A | 5000 | 4000 | USD |
| NYMEX | PL | NYMEX Platinum Index | PL | 3925 | N/A | 3925 | 3140 | USD |
| NYMEX | QC | COMEX MINY Copper | QC | 1959 | 1567 | 2798 | 2239 | USD |
| NYMEX | QG | NYMEX MINY Natural Gas Index | QG | 576 | 461 | 823 | 659 | USD |
| NYMEX | QH | NYMEX MINY Heating Oil Index | QH | 1757 | 1406 | 2511 | 2009 | USD |
| NYMEX | QI | COMEX MINY Silver | QI | 5316 | 3937 | 7594 | 5625 | USD |
| NYMEX | QM | NYMEX MINY Light Sweet Crude Oil | QM | 1203 | 963 | 2406 | 1925 | USD |
| NYMEX | QO | COMEX MINY Gold | QO | 3112 | 2490 | 4446 | 3557 | USD |
| NYMEX | QU | NYMEX MINY Gasoline RBOB Index | QU | 2182 | 1746 | 3117 | 2494 | USD |
| NYMEX | RB | NYMEX RBOB Gasoline Index | RB | 4364 | 3491 | 6234 | 4988 | USD |
| NYMEX | SB | Sugar No. 11 | YO | 3375 | N/A | 3375 | 2700 | USD |
| NYMEX | SI | NYMEX Silver Index | SI | 10631 | 7875 | 15188 | 11250 | USD |
| NYMEX | UX | NYMEX Uranium Index | UX | 625 | N/A | 625 | 500 | USD |
New York Stock Exchange/Liffe (NYSE LIFFE)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| NYSELIFFE | MXEA | MSCI EAFE Index | MFS | 4875 | N/A | 4875 | 3900 | USD |
| NYSELIFFE | MXEF | MSCI EMERGING MARKETS INDEX | MME | 2688 | N/A | 2688 | 2150 | USD |
| NYSELIFFE | MXUS | MSCI USA Index | MUN | 10125 | N/A | 10125 | 8100 | USD |
| NYSELIFFE | YG | Mini Sized NY Gold Futures | YG | 3412 | N/A | 3412 | 2375 | USD |
| NYSELIFFE | YI | Mini Sized NY Silver Futures | YI | 3038 | N/A | 3038 | 2250 | USD |
| NYSELIFFE | ZG | Gold 100 Troy Oz | ZG | 10237 | N/A | 10237 | 7124 | USD |
| NYSELIFFE | ZI | CBOT 5000 Oz Silver Futures | ZI | 15188 | N/A | 15188 | 11250 | USD |
Stockholm Derivatives Exchange (OMS)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| OMS | ABB | ABB Ltd | ABB.FWD | 2230 | N/A | 2230 | 1784 | SEK |
| OMS | ALFA | Alfa Laval AB | ALFA | 2241 | N/A | 2241 | 1793 | SEK |
| OMS | ALFA | Alfa Laval AB | ALFA.FWD | 2241 | N/A | 2241 | 1793 | SEK |
| OMS | ALIV.SDB | Autoliv Inc | ALIV.FWD | 6349 | N/A | 6349 | 5079 | SEK |
| OMS | ASSA.B | Assa Abloy AB | ASSAB.FWD | 4110 | N/A | 4110 | 3288 | SEK |
| OMS | ATCO.A | Atlas Copco AB | ATCOA | 2115 | N/A | 2115 | 1692 | SEK |
| OMS | ATCO.A | Atlas Copco AB | ATCOA.FWD | 2115 | N/A | 2115 | 1692 | SEK |
| OMS | AZN | AstraZeneca PLC | AZN.FWD | 4083 | N/A | 4083 | 3266 | SEK |
| OMS | BOL | Boliden AB | BOLI.FWD | 1449 | N/A | 1449 | 1159 | SEK |
| OMS | ELUX.B | Electrolux AB | ELUXB.FWD | 2804 | N/A | 2804 | 2243 | SEK |
| OMS | ERIC.B | Telefonaktiebolaget LM Ericsson | ERICB.FWD | 1200 | N/A | 1200 | 960 | SEK |
| OMS | HM.B | Hennes & Mauritz AB | HMB.FWD | 3556 | N/A | 3556 | 2845 | SEK |
| OMS | HOLM.B | Holmen AB | HOLMB.FWD | 2199 | N/A | 2199 | 1759 | SEK |
| OMS | HUS | Husqvarna AB | HUSQB.FWD | 607 | N/A | 607 | 486 | SEK |
| OMS | INVE.B | Investor AB | INVEB.FWD | 2410 | N/A | 2410 | 1928 | SEK |
| OMS | LUPE | Lundin Petroleum AB | LUPE | 3060 | N/A | 3060 | 2448 | SEK |
| OMS | LUPE | Lundin Petroleum AB | LUPE.FWD | 3060 | N/A | 3060 | 2448 | SEK |
| OMS | MEDA.A | Meda AB | MEDA.FWD | 1149 | N/A | 1149 | 919 | SEK |
| OMS | NDA | Nordea Bank AB | NDA.FWD | 966 | N/A | 966 | 773 | SEK |
| OMS | NOKIA | Nokia OYJ | NOKIA.FWD | 688 | N/A | 688 | 550 | SEK |
| OMS | OMXS30 | OMX Index (Sweden) | OMXS30 | 11665 | N/A | 11665 | 9332 | SEK |
| OMS | OMXSB | OMXSB Share Index | OMXSB | 5749 | N/A | 5749 | 4599 | SEK |
| OMS | SAND | Sandvik AB | SAND | 2045 | N/A | 2045 | 1636 | SEK |
| OMS | SAND | Sandvik AB | SAND.FWD | 2045 | N/A | 2045 | 1636 | SEK |
| OMS | SCA.B | Svenska Cellulosa AB | SCAB.FWD | 2613 | N/A | 2613 | 2090 | SEK |
| OMS | SCV.B | Scania AB | SCVB.FWD | 2198 | N/A | 2198 | 1758 | SEK |
| OMS | SEB.A | Skandinaviska Enskilda Banken AB | SEBA.FWD | 1079 | N/A | 1079 | 863 | SEK |
| OMS | SECU.B | Securitas AB | SECUB.FWD | 942 | N/A | 942 | 754 | SEK |
| OMS | SHB.A | Svenska Handelsbanken AB | SHBA.FWD | 4530 | N/A | 4530 | 3624 | SEK |
| OMS | SKA.B | Skanska AB | SKAB.FWD | 1796 | N/A | 1796 | 1437 | SEK |
| OMS | SKF.B | SKF AB | SKFB.FWD | 2422 | N/A | 2422 | 1938 | SEK |
| OMS | SSAB.A | SSAB AB | SSABA.FWD | 994 | N/A | 994 | 795 | SEK |
| OMS | STE.R | Stora Enso OYJ | STER.FWD | 1040 | N/A | 1040 | 832 | SEK |
| OMS | SWEDA | Swedbank AB | SWEDA.FWD | 3591 | N/A | 3591 | 2873 | SEK |
| OMS | SWMA | Swedish Match AB | SWMA.FWD | 3575 | N/A | 3575 | 2860 | SEK |
| OMS | TEL2.B | Tele2 AB | TEL2B.FWD | 2383 | N/A | 2383 | 1906 | SEK |
| OMS | TLSN | TeliaSonera AB | TLSN.FWD | 700 | N/A | 700 | 560 | SEK |
| OMS | TREL.B | Trelleborg AB | TRELB.FWD | 2134 | N/A | 2134 | 1707 | SEK |
| OMS | VOLV.B | Volvo AB | VOLVB.FWD | 1464 | N/A | 1464 | 1171 | SEK |
Osaka Securities Exchange (OSE.JPN)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| OSE.JPN | N225 | Nikkei 225 | NK225 | 412694 | 330156 | 825389 | 660311 | JPY |
| OSE.JPN | N225M | Nikkei 225 Mini | NK225M | 41269 | 33016 | 82539 | 66031 | JPY |
| OSE.JPN | NKVI | Nikkei 225 Volatility Index | NKVI | 151250 | N/A | 151250 | 121000 | JPY |
Singapore Exchange (SGX)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| SGX | AH | LME-SGX Aluminum | AH | 1250 | N/A | 1250 | 1000 | USD |
| SGX | APEX50 | SGX MSCI Asia APEX 50 Index | AP | 3000 | N/A | 3000 | 2400 | USD |
| SGX | CU | LME-SGX Copper | CU | 5750 | N/A | 5750 | 4600 | USD |
| SGX | MXID | MSCI Indonesia Index | ID | 500 | N/A | 500 | 400 | USD |
| SGX | N225U | SGX: USD Nikkei 225 Index | NU | 3781 | N/A | 3781 | 3025 | USD |
| SGX | NIFTY | CNX Nifty Index | IN | 500 | N/A | 500 | 400 | USD |
| SGX | NKYDIV | Nikkei Stock Average Dividend Point Index | ND | 112500 | N/A | 112500 | 90000 | JPY |
| SGX | SEY | Euroyen (TIBOR) Index | EY | 11250 | N/A | 11250 | 9000 | JPY |
| SGX | SGB | SGX Mini JGB Index | JB | 156250 | N/A | 156250 | 125000 | JPY |
| SGX | SGXNK | SGX: Nikkei 225 | NK | 185689 | 148551 | 371378 | 297102 | JPY |
| SGX | SGXNKM | SGX: NIKKEI 225 Mini | NS | 37138 | 29710 | 74276 | 59420 | JPY |
| SGX | SSG | MSCI Singapore Free Index | SG | 2918 | N/A | 2918 | 2334 | SGD |
| SGX | STI | SGX Straits Times Index | ST | 2500 | N/A | 2500 | 2000 | SGD |
| SGX | STW | MSCI Taiwan Index | TW | 569 | 455 | 1139 | 911 | USD |
| SGX | SX5EU | SGX Euro Stoxx 50 Price Index | EX | 3000 | N/A | 3000 | 2400 | USD |
| SGX | TSR20 | SICOM Rubber | TF | 1125 | N/A | 1125 | 900 | USD |
| SGX | XINA50 | FTSE/Xinhua China A50 | CN | 625 | N/A | 625 | 500 | USD |
| SGX | ZINC | LME-SGX Zinc | ZS | 1250 | N/A | 1250 | 1000 | USD |
Sydney Futures Exchange (SNFE)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| SNFE | IB | 30 Day Interbank Cash Rate | IB | 494 | N/A | 494 | 395 | AUD |
| SNFE | IR | 90 Day Bills | IR | 913 | N/A | 913 | 730 | AUD |
| SNFE | SPI | S&P/ASX 200 Index (Australia) | AP | 3750 | 3000 | 7500 | 6000 | AUD |
| SNFE | XT | 10 Year Treasury Bond 6% | XT | 3706 | N/A | 3706 | 2965 | AUD |
| SNFE | YT | 3 Year Treasury Bond 6% | YT | 1313 | N/A | 1313 | 1050 | AUD |
Eurex (SOFFEX)
For more information on these margin requirements, please visit the exchange website.
| Exchange | Underlying | Product description | Trading Class | Intraday Initial1 | Intraday Maintenance1 | Overnight Initial | Overnight Maintenance | Currency |
| SOFFEX | ABBN | ABB Ltd | ABBF | 270 | N/A | 270 | 216 | CHF |
| SOFFEX | ADEN | Adecco SA | ADEF | 701 | N/A | 701 | 560 | CHF |
| SOFFEX | ATLN | Actelion Ltd | ATLH | 735 | N/A | 735 | 588 | CHF |
| SOFFEX | BAER | Julius Baer Group Ltd | BAEI | 506 | N/A | 506 | 405 | CHF |
| SOFFEX | BALN | Baloise Holding AG | BALF | 1174 | N/A | 1174 | 939 | CHF |
| SOFFEX | CFR | Cie Financiere Richemont SA | CFRI | 1165 | N/A | 1165 | 932 | CHF |
| SOFFEX | CLN | Clariant AG | CLNF | 178 | N/A | 178 | 143 | CHF |
| SOFFEX | CONF | Swiss Federal Long-Term Bonds | CONF | 1638 | N/A | 1638 | 1310 | CHF |
| SOFFEX | CSGN | Credit Suisse Group AG | CSGG | 368 | N/A | 368 | 295 | CHF |
| SOFFEX | CSGN | Credit Suisse Group AG | CSGH | 366 | N/A | 366 | 293 | CHF |
| SOFFEX | GAM | GAM Holding AG | GAMF | 219 | N/A | 219 | 175 | CHF |
| SOFFEX | GEBN | Geberit AG | GBRI | 3029 | N/A | 3029 | 2423 | CHF |
| SOFFEX | GIVN | Givaudan SA | GIVG | 1577 | N/A | 1577 | 1262 | CHF |
| SOFFEX | HOLN | Holcim Ltd | HOLH | 980 | N/A | 980 | 784 | CHF |
| SOFFEX | KNIN | Kuehne + Nagel International AG | KNIH | 1340 | N/A | 1340 | 1072 | CHF |
| SOFFEX | KUD | Kudelski SA | KUDG | 144 | N/A | 144 | 116 | CHF |
| SOFFEX | LONN | Lonza Group AG | LONF | 923 | N/A | 923 | 739 | CHF |
| SOFFEX | NESN | Nestle SA | NESG | 837 | N/A | 837 | 670 | CHF |
| SOFFEX | NOBE | Nobel Biocare Holding AG | NOBH | 177 | N/A | 177 | 142 | CHF |
| SOFFEX | NOVN | Novartis AG | NOVF | 897 | N/A | 897 | 717 | CHF |
| SOFFEX | RIGN | Transocean Ltd/Switzerland | RIGF | 670 | N/A | 670 | 536 | CHF |
| SOFFEX | ROG | Roche Holding AG | ROGF | 3087 | N/A | 3087 | 2470 | CHF |
| SOFFEX | SCMN | Swisscom AG | SCMH | 543 | N/A | 543 | 434 | CHF |
| SOFFEX | SGSN | SGS SA | SGSK | 2814 | N/A | 2814 | 2251 | CHF |
| SOFFEX | SGSN | SGS SA | SGSL | 2781 | N/A | 2781 | 2225 | CHF |
| SOFFEX | SLHN | Swiss Life Holding AG | SLHG | 1945 | N/A | 1945 | 1556 | CHF |
| SOFFEX | SLI | Swiss Leader Index (PREIS_INDEX) | FSLI | 2343 | N/A | 2343 | 1874 | CHF |
| SOFFEX | SMI | Swiss Market Index | FSMI | 3872 | 3098 | 7744 | 6195 | CHF |
| SOFFEX | SMIDP | SMI Dividend Points Index | FSMD | 1694 | N/A | 1694 | 1355 | CHF |
| SOFFEX | SMIM | Swiss Mid-cap Index | FSMM | 1343 | N/A | 1343 | 1074 | CHF |
| SOFFEX | SREN | Swiss Re AG | SREG | 952 | N/A | 952 | 762 | CHF |
| SOFFEX | SREN | Swiss Re AG | SREH | 902 | N/A< |