Futures & FOPs Margin Requirements

Futures and FOPs Margin Overview

US Futures and FOPs Margin Requirements

For residents of the United States trading futures and FOPs:

Risk-based margin
Portfolio margin

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

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

Futures Margin

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

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

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

Margin requirements for futures are set by each exchange.

Margin Requirements

B3

Exchange B3	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
B3	BGI	-	BGI	6578.97	N/A	6578.97	5720.85	BRL	No	7873.84	6846.82
B3	CCM	-	CCM	2485.28	N/A	2485.28	2161.11	BRL	No	2357.03	2049.59
B3	DI1	-	DI1	292.612	N/A	292.612	254.445	BRL	No	292.612	254.445
B3	DOL	-	DOL	35992.60	N/A	35992.60	31297.92	BRL	No	35259.85	30660.74
B3	IND	-	IND	25420.38	22104.68	36314.83	31578.11	BRL	No	35954.28	31264.59
B3	SML	-	SML	13591.10	N/A	13591.10	11818.35	BRL	No	13591.10	11818.35
B3	WDO	-	WDO	7198.52	N/A	7198.52	6259.58	BRL	No	7051.97	6132.15
B3	WIN	-	WIN	5084.08	4420.94	7262.97	6315.62	BRL	No	7190.86	6252.92

Euronext Brussels (Belfox)

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

Exchange BELFOX	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
BELFOX	BFX	BEL 20 INDEX	BXF	11215.19	N/A	11215.19	9752.34	EUR	Yes²	11215.19	9752.34

BURSAMY

Exchange BURSAMY	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
BURSAMY	FCPO.MY	CRUDE PALM OIL - MY	FCPO	12305.96	N/A	12305.96	10700.83	MYR	No	12305.96	10700.83
BURSAMY	FBMKLCI	FKLI	FKLI	3220	2800	4600	4000	MYR	No	4600	4000

Chicago Board Of Trade (CBOT)

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

Exchange CBOT	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
CBOT	10Y	10 YEAR MICRO TREASURY YIELD	10Y	603.77	N/A	603.77	525	USD	No	603.77	525
CBOT	2YY	2 YEAR MICRO TREASURY YIELD	2YY	664.125	N/A	664.125	577.50	USD	No	664.125	577.50
CBOT	30Y	30 YEAR MICRO TREASURY YIELD	30Y	543.375	N/A	543.375	472.50	USD	No	543.375	472.50
CBOT	5YY	5 YEAR MICRO TREASURY YIELD	5YY	716.223	N/A	716.223	622.803	USD	No	716.223	622.803
CBOT	AIGCI	BLOOMBERG COMMODITY INDEX	AW	1081.29	N/A	1081.29	940.159	USD	No	1081.25	940.159
CBOT	DHB	BLOOMBERG U.S. CORPORATE INVESTMENT GRADE DURATION HEDGED	DHB	1623.99	N/A	1623.99	1409.79	USD	No	1623.99	1409.79
CBOT	DHY	BLOOMBERG HIGH YIELD DURATION-HEDGED CREDIT INDEX	DHY	2252.04	N/A	2252.04	1956.46	USD	No	2252.04	1956.46
CBOT	HYB	BLOOMBERG U.S. CORPORATE HIGH YIELD VERY LIQUID	HYB	5265.86	N/A	5265.86	4576.19	USD	No	5265.86	4576.19
CBOT	IQB	BLOOMBERG U.S. CORPORATE INVESTMENT GRADE	IQB	4888.86	N/A	4888.86	4249.44	USD	No	4888.86	4249.44
CBOT	KE	HARD RED WINTER WHEAT -KCBOT-	KE	2939.41	N/A	2939.41	2556.01	USD	Yes	2939.41	2556.01
CBOT	MTN	MICRO ULTRA 10-YEAR U.S TREASURY NOTE	MTN	711.091	N/A	711.091	617.913	USD	No	711.116	617.913
CBOT	MWN	MICRO ULTRA US TREASURY BOND	MWN	1080.67	N/A	1080.67	939.31	USD	No	1080.70	939.31
CBOT	MYM	MICRO E-MINI DOW JONES INDUSTRIAL AVERAGE INDEX	MYM	1216.68	1057.98	1738.11	1511.40	USD	No	1737.66	1511.00
CBOT	MZC	MICRO CORN FUTURES	MZC	156.75	N/A	156.75	136.304	USD	No	156.75	136.304
CBOT	MZL	MICRO SOYBEAN OIL FUTURES	MZL	427.655	N/A	427.655	371.873	USD	No	427.655	371.873
CBOT	MZM	MICRO SOYBEAN MEAL FUTURES	MZM	243.215	N/A	243.215	211.491	USD	No	243.215	211.491
CBOT	MZS	MICRO SOYBEAN FUTURES	MZS	347.772	N/A	347.772	302.411	USD	No	347.772	302.411
CBOT	MZW	MICRO WHEAT FUTURES	MZW	272.95	N/A	272.95	237.348	USD	No	272.95	237.348
CBOT	QDF	SPOT-QUOTED DOW (CLEARED FUTURE)	QDF	241.376	209.892	344.823	299.846	USD	No	344.733	299.768
CBOT	QDOW	SPOT-QUOTED DOW JONES INDUSTRIAL AVERAGESM INDEX FUTURES	QDOW	244.934	209.699	349.906	299.571	USD	No	344.416	299.492
CBOT	DJUSRE	DOW JONES US REAL ESTATE INDEX	RX	3661.30	N/A	3661.30	3183.50	USD	No	3661.30	3183.50
CBOT	TN	ULTRA 10-YEAR US TREASURY NOTE	TN	2932.51	N/A	2932.51	2550.01	USD	Yes	2932.76	2550.01
CBOT	TWE	20-YEAR U.S. TREASURY BOND	TWE	4945.01	N/A	4945.01	4300.01	USD	No	4945.01	4300.01
CBOT	UB	ULTRA TREASURY BOND	UB	5922.51	N/A	5922.51	5150.01	USD	Yes	5922.76	5150.01
CBOT	YC	MINI SIZED CORN FUTURES	XC	313.499	N/A	313.499	272.608	USD	No	313.499	272.608
CBOT	YK	MINI SIZED SOYBEAN FUTURES	XK	695.545	N/A	695.545	604.822	USD	No	695.545	604.822
CBOT	YW	MINI SIZED WHEAT FUTURES	XW	545.90	N/A	545.90	474.696	USD	No	545.90	474.696
CBOT	YIA	1-YEAR ERIS SOFR SWAP FUTURES	YIA	775.868	N/A	775.868	674.666	USD	No	775.866	674.666
CBOT	YIC	3-YEAR ERIS SOFR SWAP FUTURES	YIC	1460.21	N/A	1460.21	1269.75	USD	No	1460.21	1269.75
CBOT	YID	4-YEAR ERIS SOFR SWAP FUTURES	YID	3493.89	N/A	3493.89	3038.16	USD	No	3493.89	3038.16
CBOT	YIT	2-YEAR ERIS SOFR SWAP FUTURES	YIT	964.069	N/A	964.069	838.32	USD	No	964.068	838.32
CBOT	YIW	5-YEAR ERIS SOFR SWAP FUTURES	YIW	1871.73	N/A	1871.73	1627.59	USD	No	1871.73	1627.59
CBOT	YM	E-MINI DOW JONES INDUSTRIAL AVERAGE	YM	12166.77	10579.80	17381.10	15114	USD	Yes	17376.56	15110.05
CBOT	Z3N	3 YEAR US TREASURY NOTE	Z3N	2070.54	N/A	2070.54	1800.00	USD	No	2070.04	1800.00
CBOT	ZB	US TREASURY BOND	ZB	4255.02	N/A	4255.02	3700.02	USD	Yes	4255.52	3700.02
CBOT	ZC	CORN FUTURES	ZC	1567.50	N/A	1567.50	1363.04	USD	Yes	1567.50	1363.04
CBOT	ZF	5 YEAR US TREASURY NOTE	ZF	1437.53	N/A	1437.53	1250.03	USD	Yes	1438.01	1250.03
CBOT	ZL	SOYBEAN OIL FUTURES	ZL	4176.90	N/A	4176.90	3632.09	USD	Yes	4176.90	3632.09
CBOT	ZM	SOYBEAN MEAL FUTURES	ZM	2322.72	N/A	2322.72	2019.76	USD	Yes	2322.72	2019.76
CBOT	ZN	10 YEAR US TREASURY NOTE	ZN	2156.26	N/A	2156.26	1875.01	USD	Yes	2156.76	1875.01
CBOT	ZO	OAT FUTURES	ZO	3909.61	N/A	3909.61	3382.08	USD	Yes	3909.61	3382.08
CBOT	ZQ	30 DAY FED FUNDS	ZQ	1035.12	N/A	1035.12	900.103	USD	Yes²	1035.12	900.103
CBOT	ZR	ROUGH RICE FUTURES	ZR	3946.22	N/A	3946.22	3431.00	USD	Yes	3946.22	3431.00
CBOT	ZS	SOYBEAN FUTURES	ZS	3477.72	N/A	3477.72	3024.11	USD	Yes	3477.72	3024.11
CBOT	ZT	2 YEAR US TREASURY NOTE	ZT	1380.00	N/A	1380.00	1200.00	USD	Yes	1380.31	1200.00
CBOT	ZW	WHEAT FUTURES	ZW	2729.50	N/A	2729.50	2373.48	USD	Yes	2729.50	2373.48

Montreal Exchange (CDE)

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

Exchange CDE	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
CDE	CGB	10 YEAR GOVERNMENT OF CANADA BONDS	CGB	2445.19	N/A	2445.19	2126.25	CAD	No	2445.19	2126.25
CDE	CGF	5 YEAR GOVERNMENT OF CANADA BONDS	CGF	1543.81	N/A	1543.81	1342.44	CAD	No	1543.81	1342.44
CDE	CGZ	2 YEAR GOVERNMENT OF CANADA BONDS	CGZ	720.81	N/A	720.81	626.791	CAD	No	720.81	626.791
CDE	CRA	3 MONTH CORRA	CRA	396.992	N/A	396.992	345.21	CAD	No	396.994	345.21
CDE	TSE60	S&P CANADA 60 INDEX FUTURES (OLD TSE60)	SXF	18294.98	15908.68	26135.69	22726.69	CAD	No	26135.69	22726.69
CDE	TSE60	S&P CANADA 60 INDEX FUTURES (OLD TSE60)	SXM	18023.26	N/A	18023.26	15672.40	CAD	No	18023.26	15672.40

CBOE Futures Exchange (CFE)

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

Exchange CFE	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
CFE	IBXXIBHY	IBOXX ISHARES $ HIGH YIELD CORPORATE BOND INDEX TR	IBHY	10572.16	N/A	10572.16	9192.00	USD	No	10572.15	9192.00
CFE	IBXXIBIG	IBOXX ISHARES $ INVESTMENT GRADE CORPORATE BOND INDEX TR	IBIG	8623.41	N/A	8623.41	7497.79	USD	No	8623.41	7497.79
CFE	IEMD	IBOXX $ EMERGING MARKET BOND INDEX	IEMD	771.823	N/A	771.823	670.499	USD	No	771.824	670.499
CFE	PBT	CBOE KAIKO BITCOIN INDEX	PBT	387.047	N/A	387.047	336.563	USD	No	387.047	336.563
CFE	PET	CBOE KAIKO ETHER INDEX	PET	127.756	N/A	127.756	111.092	USD	No	127.756	111.092
CFE	VA	S&P 500 VARIANCE	VA	264.50	N/A	264.50	230	USD	No	808.427	702.98
CFE	VIX	CBOE VOLATILITY INDEX	VX	6302	N/A	6302	5480	USD	Yes	26169.73	22756.29
CFE	VIX	CBOE VOLATILITY INDEX	VX25	9200	N/A	9200	8000	USD	No	24713.55	21490.04
CFE	VIX	CBOE VOLATILITY INDEX	VX26	9200	N/A	9200	8000	USD	No	23662.05	20575.69
CFE	VIX	CBOE VOLATILITY INDEX	VX27	9200	N/A	9200	8000	USD	No	23281.98	20245.20
CFE	VIX	CBOE VOLATILITY INDEX	VX28	9200	N/A	9200	8000	USD	No	22965.35	19969.87
CFE	VIX	CBOE VOLATILITY INDEX	VX30	9200	N/A	9200	8000	USD	No	26193.42	22776.89
CFE	VXM	MINI CBOE VOLATILITY INDEX FUTURES	VXM	630.20	N/A	630.20	548	USD	No	2616.97	2275.63

Chicago Mercantile Exchange (CME)

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

Exchange CME	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
CME	AUD	AUSTRALIAN DOLLAR	6A	2567.36	N/A	2567.36	2232.48	USD	Yes	2567.36	2232.48
CME	GBP	BRITISH POUND	6B	2376.09	N/A	2376.09	2066.16	USD	Yes	2376.09	2066.16
CME	CAD	CANADIAN DOLLAR	6C	1368.16	N/A	1368.16	1189.70	USD	Yes	1368.16	1189.70
CME	EUR	EUROPEAN MONETARY UNION EURO	6E	3578.47	N/A	3578.47	3111.72	USD	Yes	3578.47	3111.72
CME	6H	CHINESE RENMINBI - OFFSHORE	6H	2685.04	N/A	2685.04	2309.07	USD	No	2685.04	2309.07
CME	JPY	JAPANESE YEN	6J	2990.01	N/A	2990.01	2600.01	USD	Yes	2990.01	2600.01
CME	BRE	BRAZILIAN REAL	6L	2018.67	N/A	2018.67	1468.125	USD	Yes²	2018.67	1468.125
CME	6M	MEXICAN PESO	6M	1989.27	N/A	1989.27	1729.80	USD	Yes	1989.27	1729.80
CME	NZD	NEW ZEALAND DOLLAR	6N	2341.24	N/A	2341.24	2035.86	USD	Yes²	2341.24	2035.86
CME	CHF	SWISS FRANC	6S	5490.03	N/A	5490.03	4773.94	USD	Yes	5490.03	4773.94
CME	ZAR	SOUTH AFRICAN RAND	6Z	2468.45	N/A	2468.45	2146.375	USD	No	2468.45	2146.375
CME	ACDX	AUSTRALIAN DOLLAR	ACD	15687.13	N/A	15687.13	13640.98	CAD	No	15687.13	13640.98
CME	ADA	CME CF CARDANO – DOLLAR REFERENCE RATE	ADA	16575.78	N/A	16575.78	14413.72	USD	No	16575.78	14413.72
CME	AJY	AUSTRALIAN DOLLAR	AJY	2755250.69	N/A	2755250.69	2395870.16	JPY	No	2755250.89	2395870.16
CME	BFF	CME CF BITCOIN REFERENCE RATE NEW YORK - BFF FUTURES	BFF	648.287	N/A	648.287	563.728	USD	No	648.287	563.728
CME	BQX	CME E-MINI NASDAQ BIOTECHNOLOGY	BIO	28823.38	N/A	28823.38	25063.81	USD	No	28823.38	25063.81
CME	BOS	BOSTON HOUSING INDEX	BOS	5195.13	N/A	5195.13	4517.50	USD	No	5195.12	4517.50
CME	BRR	CME CF BITCOIN REFERENCE RATE	BTC	115496.00	N/A	115496.00	98996.56	USD	Yes	115495.99	98996.56
CME	BTCEURRR	CME CF BITCOIN-EURO REFERENCE RATE	BTE	182588.77	N/A	182588.77	158772.84	EUR	No	195494.25	169995
CME	CB	CME CASH-SETTLED BUTTER FUTURES	CB	6690.30	N/A	6690.30	5817.66	USD	No	6690.30	5817.66
CME	CHI	CHICAGO HOUSING INDEX	CHI	3363.75	N/A	3363.75	2925	USD	No	3363.75	2925
CME	CLP	CHILEAN PESO	CHP	8438.59	N/A	8438.59	7337.91	USD	No	8438.59	7337.91
CME	CJY	CANADIAN DOLLAR	CJY	2311830.86	N/A	2311830.86	2010287.70	JPY	No	2311831.06	2010287.70
CME	CNH	UNITED STATES DOLLAR	CNH	23179.75	N/A	23179.75	20151	CNH	No	23179.75	20151
CME	CSC	CHEESE	CSC	6043.30	N/A	6043.30	5255.04	USD	No	6043.30	5255.04
CME	CUS	HOUSING INDEX COMPOSITE	CUS	5350.38	N/A	5350.38	4652.50	USD	No	5350.38	4652.50
CME	CZK	CZECH KORUNA	CZK	11341.80	N/A	11341.80	9862.43	USD	Yes²	11341.80	9862.43
CME	DA	MILK CLASS III INDEX	DC	5331.27	N/A	5331.27	4635.89	USD	Yes	5331.27	4635.89
CME	DEN	DENVER HOUSING INDEX	DEN	4666.13	N/A	4666.13	4057.50	USD	No	4666.13	4057.50
CME	DY	CME DRY WHEY INDEX	DY	7690.41	N/A	7690.41	6687.31	USD	No	7690.41	6687.31
CME	E7	EUROPEAN MONETARY UNION EURO	E7	1789.24	N/A	1789.24	1555.86	USD	No	1789.24	1555.86
CME	EAD	EUROPEAN MONETARY UNION EURO	EAD	16146.46	N/A	16146.46	14024.61	AUD	No	16146.46	14024.61
CME	EBMEUR	MILLING WHEAT FUTURES	EBM	3651.78	N/A	3651.78	3175.46	EUR	No	3909.885	3399.90
CME	ECD	EUROPEAN MONETARY UNION EURO	ECD	11857.79	N/A	11857.79	10299.97	CAD	No	11857.79	10299.97
CME	ECK	CZECH KORUNA	ECK	9495.32	N/A	9495.32	8256.80	EUR	No	9495.32	8256.80
CME	EEM	MICRO ETHER EURO	EEM	130.81	N/A	130.81	113.748	EUR	No	130.811	113.748
CME	EHF	HUNGARIAN FORINT	EHF	7382.02	N/A	7382.02	6419.15	EUR	Yes²	7382.02	6419.15
CME	EMD	E-MINI S&P MIDCAP 400 FUTURES	EMD	20028.96	17416.15	28612.81	24880.22	USD	Yes²	28612.82	24880.22
CME	NIY	YEN DENOMINATED NIKKEI 225 INDEX	ENY	471603.61	410084.02	673719.44	585834.31	JPY	No	673719.44	585834.31
CME	EPZ	POLISH ZLOTY	EPZ	6755.675	N/A	6755.675	5874.50	EUR	Yes²	6755.675	5874.50
CME	ES	E-MINI S&P 500	ES	23899.84	17619.76	34142.625	25171.08	USD	Yes	27688.19	25171.08
CME	SPXESUP	E-MINI S&P 500 ESG	ESG	35079.51	N/A	35079.51	30471.62	USD	No	35079.51	30471.62
CME	ESTR	EURO SHORT-TERM RATE	ESR	1407.08	N/A	1407.08	1223.17	EUR	No	1407.09	1223.17
CME	ETHEURRR	CME CF ETHER-EURO REFERENCE RATE	ETE	65405.21	N/A	65405.21	56874.09	EUR	No	65405.26	56874.14
CME	ETHUSDRR	CME CF ETHER-DOLLAR REFERENCE RATE	ETH	41430.06	N/A	41430.06	36026.14	USD	Yes	51787.57	45032.67
CME	SPW	S&P 500 EQUAL WEIGHT INDEX	EWF	12861.17	N/A	12861.17	11175	USD	No	12851.17	11174.93
CME	GSCI	S&P-GSCI INDEX	GD	54129.85	N/A	54129.85	47069.37	USD	No	54129.78	47069.37
CME	GDK	CLASS IV MILK - 200K LBS	GDK	9548.73	N/A	9548.73	8303.24	USD	No	9548.73	8303.24
CME	GF	FEEDER CATTLE	GF	14304.89	N/A	14304.89	12439.03	USD	Yes	14304.89	12439.03
CME	NF	NON FAT DRY MILK INDEX	GNF	13470.52	N/A	13470.52	11713.50	USD	No	13470.52	11713.50
CME	HE	LEAN HOGS	HE	3844.00	N/A	3844.00	3342.60	USD	Yes	3844.00	3342.60
CME	HUF	HUNGARIAN FORINT	HUF	12939.96	N/A	12939.96	11252.14	USD	Yes²	12951.96	11252.14
CME	IBAA	BOVESPA INDEX - USD	IBV	41656.49	N/A	41656.49	36223.04	USD	No	41656.49	36223.04
CME	ILS	ISRAELI SHEKEL	ILS	48595.27	N/A	48595.27	42256.75	USD	Yes²	48595.27	42256.75
CME	J7	JAPANESE YEN	J7	1495.01	N/A	1495.01	1300.01	USD	No	1495.01	1300.01
CME	KRW	KOREAN WON	KRW	16897.87	N/A	16897.87	14110	USD	Yes²	11000.67	9185.74
CME	LAV	LAS VEGAS HOUSING INDEX	LAV	4416.00	N/A	4416.00	3840.00	USD	No	4416.00	3840.00
CME	LAX	LOS ANGELES HOUSING INDEX	LAX	6569.375	N/A	6569.375	5712.50	USD	No	6569.375	5712.50
CME	LBR	LUMBER FUTURES	LBR	2431.17	N/A	2431.17	2112.83	USD	No	2431.17	2112.83
CME	LE	LIVE CATTLE	LE	7123.93	N/A	7123.93	6194.72	USD	Yes	7123.93	6194.72
CME	LNK	CME CF CHAINLINK - DOLLAR REFERENCE RATE	LNK	32438.73	N/A	32438.73	28207.59	USD	No	32438.79	28207.64
CME	M2K	MICRO E-MINI RUSSELL 2000 INDEX	M2K	891.943	775.602	1274.20	1108.00	USD	No	1274.20	1108.00
CME	M6A	AUSTRALIAN DOLLAR	M6A	256.736	N/A	256.736	223.248	USD	No	256.736	223.248
CME	M6B	BRITISH POUND	M6B	237.609	N/A	237.609	206.616	USD	No	237.609	206.616
CME	M6E	EUROPEAN MONETARY UNION EURO	M6E	357.847	N/A	357.847	311.172	USD	No	357.847	311.172
CME	MBT	MICRO BITCOIN	MBT	2309.92	N/A	2309.92	1979.93	USD	Yes	2309.92	1979.93
CME	MCA.X	MSCI CHINA A 50 CONNECT INDEX	MCA	1657.69	N/A	1657.69	1441.37	USD	No	1657.69	1441.37
CME	MCD	CANADIAN DOLLAR	MCD	136.816	N/A	136.816	118.97	USD	No	136.816	118.97
CME	MES	MICRO E-MINI S&P 500 STOCK PRICE INDEX	MES	2389.98	1761.98	3414.26	2517.11	USD	Yes	2768.82	2517.11
CME	MET	MICRO ETHER	MET	82.8601	N/A	82.8601	72.0523	USD	Yes	103.575	90.0653
CME	MIA	MIAMI HOUSING INDEX	MIA	6491.75	N/A	6491.75	5645.00	USD	No	6491.75	5645.00
CME	MIR	INDIAN RUPEE	MIR	1216.01	N/A	1216.01	1057.40	USD	No	1216.01	1057.40
CME	MJY	JAPANESE YEN	MJY	299.001	N/A	299.001	260.001	USD	No	299.001	260.001
CME	MLN	MICRO CHAINLINK	MLN	1621.94	N/A	1621.94	1410.38	USD	No	1621.94	1410.38
CME	MNI	MICRO YEN DENOMINATED NIKKEI 225	MNI	235798.31	205042.01	336854.73	292917.15	JPY	No	336854.73	292917.15
CME	MNK	MICRO DOLLAR DENOMINATED NIKKEI 225	MNK	4467.72	N/A	4467.72	3884.74	USD	No	4467.72	3884.74
CME	MNQ	MICRO E-MINI NASDAQ-100 INDEX	MNQ	4668.25	3472.98	6668.93	4961.40	USD	Yes	6062.86	4961.40
CME	MSF	SWISS FRANC	MSF	549.003	N/A	549.003	477.394	USD	No	549.003	477.394
CME	MSL	MICRO SOLANA	MSL	1060.16	N/A	1060.16	921.875	USD	No	1060.16	921.875
CME	MXL	MICRO LUMENS	MXL	3132.31	N/A	3132.31	2723.75	USD	No	3681.26	3201.10
CME	MXP	MICRO XRP	MXP	1755.91	N/A	1755.91	1526.875	USD	No	1755.91	1526.875
CME	NIY	YEN DENOMINATED NIKKEI 225 INDEX	NIY	2357983.09	2050420.08	3368547.27	2929171.54	JPY	No	3368547.27	2929171.54
CME	NKD	DOLLAR DENOMINATED NIKKEI 225 INDEX	NKD	44677.68	N/A	44677.68	38847.42	USD	No	44677.68	38847.42
CME	NOK	NORWEGIAN KRONE	NOK	14593.76	N/A	14593.76	12676.07	USD	No	14593.76	12676.07
CME	NQ	E-MINI NASDAQ 100	NQ	46682.54	34729.82	66689.35	49614.02	USD	Yes	60628.62	49614.02
CME	NYM	NEW YORK HOUSING INDEX	NYM	4968.00	N/A	4968.00	4320.00	USD	No	4968.00	4320.00
CME	PJY	BRITISH POUND	PJY	2405995.50	N/A	2405995.50	2092169.89	JPY	No	2405995.38	2092169.89
CME	PLN	POLISH ZLOTY	PLN	14513.54	N/A	14513.54	12620.47	USD	Yes²	14513.54	12620.47
CME	PSF	BRITISH POUND	PSF	11837.41	N/A	11837.41	10293.40	CHF	No	11837.41	10293.40
CME	QBTC	SPOT-QUOTED BITCOIN	QBTC	233.116	N/A	233.116	196.796	USD	No	233.116	196.796
CME	QEF	SPOT-QUOTED ETHER (CLEARED FUTURE)	QEF	136.193	N/A	136.193	118.428	USD	No	136.193	118.428
CME	QETH	SPOT-QUOTED ETHER FUTURE	QETH	136.792	N/A	136.792	118.707	USD	No	136.792	118.707
CME	QNDX	SPOT QUOTED NASDAQ-100 INDEX	QNDX	230.929	171.669	329.898	245.241	USD	No	299.902	245.241
CME	QNF	SPOT-QUOTED NASDAQ-100 (CLEARED FUTURE)	QNF	230.609	171.559	329.441	245.084	USD	No	299.486	245.084
CME	QRF	SPOT-QUOTED RUSSELL 2000 (CLEARED FUTURE)	QRF	176.904	153.83	252.721	219.757	USD	No	252.721	219.757
CME	QRTY	SPOT QUOTED RUSSELL 2000 INDEX	QRTY	203.10	153.812	290.143	219.731	USD	No	256.755	219.731
CME	QSF	SPOT-QUOTED S&P 500 (CLEARED FUTURE)	QSF	473.071	348.764	675.815	498.234	USD	No	572.969	498.234
CME	QSPX	SPOT-QUOTED STANDARD AND POOR'S 500 STOCK PRICE INDEX	QSPX	474.302	348.87	677.574	498.386	USD	No	573.143	498.386
CME	QTF	SPOT-QUOTED BITCOIN (CLEARED FUTURE)	QTF	225.693	N/A	225.693	196.255	USD	No	225.693	196.255
CME	RF	EUROPEAN MONETARY UNION EURO	RF	3998.27	N/A	3998.27	3476.26	CHF	No	3998.27	3476.26
CME	RMB	CME CHINESE RENMINBI IN US DOLLAR CROSS RATE	RMB	8518.05	N/A	8518.05	7407	USD	Yes²	8518.05	7407
CME	RME	CME CHINESE RENMINBI IN EURO CROSS RATE	RME	9267.48	N/A	9267.48	8058.68	EUR	Yes²	9267.96	8058.68
CME	RP	EUROPEAN MONETARY UNION EURO	RP	6238.41	N/A	6238.41	5424.375	GBP	No	6238.41	5424.375
CME	RS1	E-MINI RUSSELL 1000 INDEX FUTURES	RS1	22296.47	N/A	22296.47	19369.07	USD	No	22296.47	19369.07
CME	RSG	E-MINI RUSSELL 1000 GROWTH INDEX FUTURES	RSG	65738.61	N/A	65738.61	57096.00	USD	No	65738.61	57096.00
CME	RSV	E-MINI RUSSELL 1000 VALUE INDEX FUTURES	RSV	14111.79	N/A	14111.79	12268.22	USD	No	14111.79	12268.22
CME	RTY	E-MINI RUSSELL 2000 INDEX	RTY	8919.43	7756.02	12742.04	11080.03	USD	Yes	12742.04	11080.03
CME	RY	EUROPEAN MONETARY UNION EURO	RY	992682.22	N/A	992682.22	863091.59	JPY	Yes²	992682.10	863091.59
CME	SPXDIVAN	S&P 500 DIVIDEND POINTS (ANNUAL) INDEX	SDA	4876.00	N/A	4876.00	4240.00	USD	No	4876.00	4240.00
CME	SDG	SAN DIEGO HOUSING INDEX	SDG	6583.75	N/A	6583.75	5725	USD	No	6583.75	5725
CME	SDI	S&P 500 QUARTERLY DIVIDEND INDEX	SDI	951.051	N/A	951.051	827.00	USD	No	951.047	826.997
CME	SEK	SWEDISH KRONA	SEK	17065.17	N/A	17065.17	14819.40	USD	No	17065.17	14819.40
CME	SFR	SAN FRANCISCO HOUSING INDEX	SFR	5361.875	N/A	5361.875	4662.50	USD	No	5361.875	4662.50
CME	SGX	SHORT GILT	SG	459282.08	N/A	459282.08	399375.72	USD	No	459282.10	399375.72
CME	SIR	INDIAN RUPEE	SIR	6080.05	N/A	6080.05	5287	USD	No	6080.05	5287
CME	SJY	SWISS FRANC	SJY	4609523.64	N/A	4609523.64	4008280.99	JPY	No	4609523.14	4008280.99
CME	SMC	E-MINI S&P SMALLCAP 600 FUTURES	SMC	43017.85	N/A	43017.85	37406.82	USD	No	43017.85	37406.82
CME	SOL	CME CF SOLANA – DOLLAR REFERENCE RATE	SOL	21203.20	N/A	21203.20	18437.50	USD	No	21203.20	18437.50
CME	SOFR1	SECURED OVERNIGHT FINANCING RATE 1-MONTH AVERAGE OF RATES	SR1	1035.01	N/A	1035.01	900.00	USD	No	1035.00	900.00
CME	SOFR3	SECURED OVERNIGHT FINANCING RATE 3-MONTH AVERAGE OF RATES	SR3	1139.63	N/A	1139.63	990.975	USD	Yes	1139.62	990.975
CME	SVX	SCHNEIDER ELECTRIC SE	SU	95638.50	N/A	95638.50	83163.89	USD	No	95638.47	83163.89
CME	TBF3	13-WEEK US TREASURY BILL	TBF3	1109.55	N/A	1109.55	964.823	USD	No	1109.55	964.823
CME	WDC	WASHINGTON DC HOUSING INDEX	WDC	4916.25	N/A	4916.25	4275	USD	No	4916.25	4275
CME	IXB	MATERIALS SELECT SECTOR INDEX	XAB	18833.51	N/A	18833.51	16367.57	USD	No	18833.51	16367.57
CME	IXE	ENERGY SELECT SECTOR INDEX	XAE	15117.63	N/A	15117.63	13144.11	USD	No	15117.63	13144.11
CME	SIXM	FINANCIAL SELECT SECTOR INDEX	XAF	11289.45	N/A	11289.45	9816.05	USD	No	11288.46	9816.05
CME	IXI	INDUSTRIAL SELECT SECTOR INDEX	XAI	29839.94	N/A	29839.94	25933.69	USD	No	29839.94	25933.69
CME	SIXT	TECHNOLOGY SELECT SECTOR INDEX -	XAK	77877.43	N/A	77877.43	67685.97	USD	No	77877.43	67685.97
CME	IXR	CONSUMER STAPLES SELECT SECTOR INDEX	XAP	8081.57	N/A	8081.57	7025.71	USD	No	8081.57	7025.71
CME	SIXRE	REAL ESTATE SELECT SECTOR INDEX	XAR	4683.43	N/A	4683.43	4070.56	USD	No	4683.43	4070.56
CME	IXU	UTILITIES SELECT SECTOR INDEX	XAU	11753.71	N/A	11753.71	10218.01	USD	No	11753.72	10218.01
CME	IXV	HEALTH CARE SELECT SECTOR INDEX	XAV	19625.65	N/A	19625.65	17058.67	USD	No	19625.65	17058.67
CME	IXY	CONSUMER DISCRETIONARY SELECT SECTOR INDEX	XAY	56281.53	N/A	56281.53	48916.03	USD	No	56281.54	48916.03
CME	XAZ	COMMUNICATION SERVICES SELECT SECTOR INDEX	XAZ	12031.73	N/A	12031.73	10460.06	USD	No	12029.07	10460.06
CME	XLM	CME CF STELLAR LUMENS – DOLLAR REFERENCE RATE	XLM	62646.25	N/A	62646.25	54475	USD	No	73625.20	64021.92
CME	XRP	CME CF XRP-DOLLAR REFERENCE RATE-NEW YORK VARIANT	XRP	35118.55	N/A	35118.55	30537.50	USD	No	35118.55	30537.50

COINDERIV

Exchange COINDERIV	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
COINDERIV	BIP	-	BIP	226.32	N/A	226.32	196.80	USD	No	226.32	196.80
COINDERIV	BIT	-	BIT	226.6995	N/A	226.6995	197.13	USD	No	226.6995	197.13
COINDERIV	ET	-	ET	82.639	N/A	82.639	71.86	USD	No	103.299	89.825
COINDERIV	ETP	-	ETP	82.524	N/A	82.524	71.76	USD	No	103.155	89.70

COMEX

Exchange COMEX	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
COMEX	1OZ	1 OUNCE GOLD FUTURES	1OZ	502.529	N/A	502.529	436.982	USD	No	502.529	436.982
COMEX	ALI	ALUMINUM INDEX	ALI	17917.18	N/A	17917.18	15580.16	USD	No	17917.18	15580.16
COMEX	GC	GOLD	GC	50251.75	N/A	50251.75	43697.16	USD	Yes	50251.74	43697.16
COMEX	HG	COPPER INDEX	HG	24388.125	N/A	24388.125	17616.40	USD	Yes	24388.125	17616.40
COMEX	HRC	HOT-ROLLED COIL STEEL INDEX	HRC	1787.18	N/A	1787.18	1554.07	USD	No	1787.18	1554.07
COMEX	MGC	E-MICRO GOLD	MGC	5025.17	N/A	5025.17	4369.72	USD	Yes	5025.17	4369.72
COMEX	MHG	MICRO COPPER	MHG	2438.81	N/A	2438.81	1761.64	USD	No	2438.81	1761.64
COMEX	QC	COMEX MINY COPPER	QC	12194.06	N/A	12194.06	8808.20	USD	No	12194.06	8808.20
COMEX	QI	COMEX MINY SILVER	QI	39090.00	N/A	39090.00	33991.31	USD	No	39090.00	33991.31
COMEX	QO	COMEX MINY GOLD	QO	25126.45	N/A	25126.45	21849.08	USD	No	25126.45	21849.08
COMEX	SGC	SHANGHAI GOLD EXCHANGE GOLD BENCHMARK PM PRICE INDEX - CNH FUTURES	SGC	40586.40	N/A	40586.40	35292.50	CNH	No	40586.37	35292.50
COMEX	SGUF	SHANGHAI GOLD EXCHANGE GOLD BENCHMARK PM PRICE INDEX - USD FUTURES	SGU	12075.08	N/A	12075.08	10500.07	USD	No	12075.08	10500.07
COMEX	SI	SILVER INDEX	SI	78180.01	N/A	78180.01	67982.62	USD	Yes	78180.01	67982.62
COMEX	SIC	SILVER INDEX (SIC)	SIC	1563.53	N/A	1563.53	1359.59	USD	No	1563.53	1359.59
COMEX	SI	SILVER INDEX	SIL	15636.00	N/A	15636.00	13596.52	USD	No	15636.00	13596.52
COMEX	UX	URANIUM INDEX	UX	3359.86	N/A	3359.86	2921.61	USD	No	3359.86	2921.61

ENDEX

Exchange ENDEX	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
ENDEX	ECF	ICE ECX EUA FUTURES	ECF	45913.75	N/A	45913.75	39925.00	EUR	No	45913.75	39925.00
ENDEX	TFM	DUTCH TTF NATURAL GAS FUTURES	TFM	17212.10	N/A	17212.10	14967.05	EUR	Yes	17212.10	14967.05

EUREX

Exchange EUREX	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
EUREX	CONF	SWISS FEDERAL LONG-TERM BONDS	CONF	12591.35	N/A	12591.35	10949.00	CHF	No	12591.35	10949.00
EUREX	FBON	EURO BONO FUTURES ON LONG-TERM SPANISH GOVERNMENT BONDS	FBON	7343.53	N/A	7343.53	6385.68	EUR	No	7343.53	6385.68
EUREX	BTP	EURO-BTP ITALIAN GOVERNMENT BOND	FBTP	3190.30	N/A	3190.30	2774.17	EUR	Yes	4210.18	3661.03
EUREX	BTS	SHORT-TERM EURO-BTP ITALIAN GOVERNMENT BOND	FBTS	1101.95	N/A	1101.95	958.218	EUR	No	1397.50	1215.22
EUREX	DJUBS	DOW JONES-UBS COMMODITY INDEX	FCCO	6399.51	N/A	6399.51	5564.79	USD	No	6399.51	5564.79
EUREX	SD3ED	EURO STOXX SELECT DIVIDEND 30 DVP	FD3D	3394.06	N/A	3394.06	2951.35	EUR	No	3394.06	2951.35
EUREX	DAX	DAX 40 INDEX (DEUTSCHE AKTIEN XCHANGE 40)	FDAX	36155.68	31439.72	51650.97	44913.88	EUR	Yes	50298.70	43738
EUREX	DDAX	DIVDAX PRICE INDEX	FDIV	9906.10	N/A	9906.10	8614.00	EUR	Yes²	9906.10	8614.00
EUREX	DAX	DAX 40 INDEX (DEUTSCHE AKTIEN XCHANGE 40)	FDXM	7231.14	6287.94	10330.19	8982.78	EUR	No	10059.74	8747.60
EUREX	DAX	DAX 40 INDEX (DEUTSCHE AKTIEN XCHANGE 40)	FDXS	1446.23	1257.59	2066.04	1796.56	EUR	Yes	2011.95	1749.52
EUREX	DBEA	EURO STOXX BANKS INDEX DIVIDEND FUTURES	FEBD	2065.55	N/A	2065.55	1796.13	EUR	No	2065.55	1796.13
EUREX	FECX	BLOOMBERG MSCI EURO CORPORATE SRI INDEX	FECX	3030.78	N/A	3030.78	2635.25	EUR	No	3030.78	2635.25
EUREX	DJSD	EURO STOXX SELECT DIVIDEND 30 INDEX	FEDV	5413.21	N/A	5413.21	4707	EUR	Yes²	5413.21	4707
EUREX	FEHY	LIQUIDITY SCREENED EURO HIGH YIELD BOND INDEX	FEHY	1454.00	N/A	1454.00	1264.20	EUR	No	1088.53	946.42
EUREX	ESA	EURO STOXX 600 AUTOMOBILE & PARTS	FESA	5919.22	N/A	5919.22	5141.10	EUR	Yes²	5919.22	5141.10
EUREX	SX7E	EURO STOXX BANKS INDEX	FESB	1312.27	1141.10	1874.67	1630.15	EUR	Yes	1701.61	1479.665
EUREX	SX4E	EURO STOXX CHEMICALS	FESC	5913.05	N/A	5913.05	5141.78	EUR	Yes²	5345.36	4648.135
EUREX	ESE	EURO STOXX OIL & GAS	FESE	2729.60	N/A	2729.60	2370.19	EUR	Yes²	2472.92	2147.31
EUREX	ESF	EURO STOXX FINANCIAL SERVICES INDEX	FESF	3609.00	N/A	3609.00	3138.26	EUR	Yes²	3233.89	2812.08
EUREX	SXNE	EURO STOXX INDUSTRIAL GOODS&SERVICES	FESG	7411.94	N/A	7411.94	6445.16	EUR	Yes²	7411.94	6445.16
EUREX	SXDE	EURO STOXX HEALTHCARE	FESH	2776.46	N/A	2776.46	2414.31	EUR	Yes²	2776.46	2414.31
EUREX	ESI	EURO STOXX INSURANCE	FESI	3305.73	N/A	3305.73	2871.58	EUR	Yes²	2834.82	2462.51
EUREX	ESM	EURO STOXX MEDIA INDEX	FESM	1714.56	N/A	1714.56	1490.92	EUR	Yes²	1122.44	976.035
EUREX	SXOE	EURO STOXX CONSTRUCTION	FESN	4104.21	N/A	4104.21	3568.87	EUR	Yes²	3962.57	3445.71
EUREX	SX3E	EURO STOXX FOOD&BEVERAGES	FESO	1437.51	N/A	1437.51	1250.01	EUR	Yes²	1732.26	1506.31
EUREX	SXRE	EURO STOXX RETAIL	FESR	4773.49	N/A	4773.49	4150.86	EUR	Yes²	4895.91	4257.31
EUREX	SXPE	EURO STOXX BASIC RESOURCES	FESS	1677.31	N/A	1677.31	1458.53	EUR	Yes²	1563.91	1359.92
EUREX	SXKE	EURO STOXX TELECOMMUNICATIONS	FEST	1711.45	N/A	1711.45	1488.22	EUR	Yes²	1711.45	1488.22
EUREX	ESU	EURO STOXX UTILITIES INDEX	FESU	2200.18	N/A	2200.18	1912.45	EUR	Yes	1810.92	1574.08
EUREX	SXTE	EURO STOXX TRAVEL & LEISURE	FESV	1343.89	N/A	1343.89	1168.60	EUR	Yes²	1241.96	1079.97
EUREX	ESTX50	EURO STOXX50	FESX	3463.02	3011.33	4947.18	4301.89	EUR	Yes	4795.04	4169.60
EUREX	SX8E	EURO STOXX TECHNOLOGY	FESY	29851.60	N/A	29851.60	25957.91	EUR	Yes²	29851.60	25957.91
EUREX	SXQE	EURO STOXX PERSONAL & HOUSEHOLD GOODS	FESZ	5079.82	N/A	5079.82	4417.23	EUR	Yes²	5637.71	4902.36
EUREX	EU3	THREE MONTH EURIBOR	FEU3	439.728	N/A	439.728	382.372	EUR	Yes	439.728	382.372
EUREX	DESX5	EURO STOXX 50 INDEX-DIVIDENDEN	FEXD	2761.15	2401	3944.50	3430	EUR	Yes	3944.50	3430
EUREX	OMXH25	OMX HELSINKI 25 INDEX	FFOX	14419.37	N/A	14419.37	12538.58	EUR	Yes²	14419.37	12538.58
EUREX	FGBC	STERLING LIQUID CORPORATE	FGBC	1451.17	N/A	1451.17	1261.89	GBP	No	1451.17	1261.89
EUREX	GBL	EURO BUND (10 YEAR BOND)	FGBL	2295.52	N/A	2295.52	1996.10	EUR	Yes	2866.18	2492.33
EUREX	GBM	EURO BOBL (5 YEAR BOND)	FGBM	1363.11	N/A	1363.11	1185.31	EUR	Yes	1546.05	1344.39
EUREX	GBS	EURO SCHATZ (2 YEAR BOND)	FGBS	524.09	N/A	524.09	455.73	EUR	Yes	538.19	467.991
EUREX	GBX	EURO BUXL (15 - 30 YEAR BOND)	FGBX	4494.42	N/A	4494.42	3908.19	EUR	Yes	4981.10	4331.39
EUREX	DJESL	EURO STOXX LARGE	FLCE	2829.86	N/A	2829.86	2460.75	EUR	No	2471.83	2149.415
EUREX	DJ200L	STOXX LARGE 200 INDEX	FLCP	2581.37	N/A	2581.37	2244.67	EUR	No	2023.04	1759.17
EUREX	DJESM	EURO STOXX MID	FMCE	2538.43	N/A	2538.43	2206.36	EUR	No	1997.21	1735.94
EUREX	M1CN	MSCI CHINA NTR USD	FMCH	2575.70	N/A	2575.70	2239.59	USD	No	2676.06	2326.85
EUREX	DJ200	STOXX MID 200 INDEX	FMCP	2615.41	N/A	2615.41	2273.53	EUR	Yes²	2088.89	1815.84
EUREX	M1MS	MSCI EMERGING MARKETS ASIA	FMEA	11591.74	N/A	11591.74	10079.41	USD	No	11591.74	10079.41
EUREX	M1EF	MSCI EMERGING MARKETS NET TOTAL RETURN INDEX	FMEM	20984.48	N/A	20984.48	18238.87	USD	No	20984.48	18238.87
EUREX	MXEU	MSCI EUROPE	FMEP	2355.52	N/A	2355.52	2048.28	EUR	No	2355.52	2048.28
EUREX	M7EU	MSCI EUROPE NET RETURN EUR INDEX	FMEU	3402.98	N/A	3402.98	2958.95	EUR	No	2830.64	2461.29
EUREX	M1IN	MSCI INDIA NTR USD	FMIN	11657.56	N/A	11657.56	10135.79	USD	No	11657.56	10135.79
EUREX	MXJPUS	MSCI JAPAN INDEX - USD	FMJP	10351.35	N/A	10351.35	9000.35	USD	No	10351.35	9000.35
EUREX	M1TW	MSCI TAIWAN NTR USD	FMTW	35287.35	N/A	35287.35	30674.36	USD	No	35287.35	30674.36
EUREX	MBWO	MSCI WORLD NET EUR INDEX 1	FMWN	4601.04	N/A	4601.04	4000.81	EUR	No	4136.31	3596.69
EUREX	M1WO	MSCI WORLD NETR USD INDEX	FMWO	12190.03	N/A	12190.03	10599.95	USD	No	12190.03	10599.95
EUREX	MXWO	MSCI WORLD INDEX	FMWP	7769.92	N/A	7769.92	6706.51	USD	No	7769.92	6706.51
EUREX	OAT	EURO-OAT FRENCH GOVERNMENT BOND	FOAT	2634.85	N/A	2634.85	2291.17	EUR	No	2634.85	2291.17
EUREX	DJESS	EURO STOXX SMALL	FSCE	1599.85	N/A	1599.85	1390.39	EUR	No	1354.75	1177.38
EUREX	DJ200S	STOXX SMALL 200 INDEX	FSCP	1737.95	N/A	1737.95	1510.93	EUR	No	1431.66	1244.65
EUREX	SXXPESGX	STOXX EUROPE 600 ESG-X	FSEG	1751.25	N/A	1751.25	1522.72	EUR	No	1362.54	1184.74
EUREX	SLI	SWISS LEADER INDEX (PREIS_INDEX)	FSLI	3912.96	N/A	3912.96	3402.58	CHF	Yes²	3912.96	3402.58
EUREX	SMIDP	SMI DIVIDEND POINTS INDEX	FSMD	9195.40	N/A	9195.40	7996.00	CHF	No	9195.40	7996.00
EUREX	SMI	SWISS MARKET INDEX	FSMI	6673.63	5803.15	9533.75	8290.22	CHF	Yes	8094.27	7038.50
EUREX	SMIM	SWISS MID-CAP INDEX	FSMM	4341.26	N/A	4341.26	3770.94	CHF	Yes²	4341.26	3770.94
EUREX	SMI	SWISS MARKET INDEX	FSMS	667.363	580.315	953.375	829.022	CHF	No	809.427	703.85
EUREX	MDAX	MIDCAP DAX	FSMX	3092.52	N/A	3092.52	2688.40	EUR	No	2543.35	2210.99
EUREX	ST3	THREE MONTH ESTR	FST3	127.909	N/A	127.909	111.225	EUR	No	127.909	111.225
EUREX	SXAP	STOXX 600 AUTOMOBILES & PARTS	FSTA	3355.94	N/A	3355.94	2917.81	EUR	Yes²	3355.94	2917.81
EUREX	SX7P	STOXX 600 BANKS	FSTB	2466.86	N/A	2466.86	2145.04	EUR	Yes	2077.04	1806.07
EUREX	SX4P	STOXX 600 CHEMICALS	FSTC	4871.65	N/A	4871.65	4231.43	EUR	Yes²	4160.55	3613.77
EUREX	SXEP	STOXX 600 OIL & GAS	FSTE	2420.82	N/A	2420.82	2104.96	EUR	Yes	2219.14	1929.59
EUREX	SXFP	STOXX 600 FINANCIAL SERVICES INDEX	FSTF	5065.06	N/A	5065.06	4395.54	EUR	Yes²	4057.30	3520.98
EUREX	SXNP	STOXX 600 INDUSTRIAL GOODS & SERVICES INDEX	FSTG	5334.60	N/A	5334.60	4637.41	EUR	Yes²	5015.85	4360.32
EUREX	SXDP	STOXX 600 HEALTHCARE	FSTH	4147.32	N/A	4147.32	3605.02	EUR	Yes²	4147.32	3605.02
EUREX	SXIP	STOXX 600 INSURANCE	FSTI	3124.36	N/A	3124.36	2715.11	EUR	Yes²	2561.29	2225.79
EUREX	SX86P	STOXX 600 REAL ESTATE	FSTL	698.613	N/A	698.613	607.416	EUR	No	698.613	607.416
EUREX	SXMP	STOXX 600 MEDIA	FSTM	1809.54	N/A	1809.54	1572.47	EUR	Yes²	1299.38	1129.14
EUREX	SXOP	STOXX 600 CONSTRUCTION & MATERIALS	FSTN	4068.01	N/A	4068.01	3535.17	EUR	Yes²	3921.53	3407.87
EUREX	SX3P	STOXX 600 FOOD & BEVERAGE INDEX	FSTO	1834.48	N/A	1834.48	1594.50	EUR	Yes²	2324.81	2020.68
EUREX	SXRP	STOXX 600 RETAIL	FSTR	1955.76	N/A	1955.76	1696.14	EUR	Yes²	1955.76	1696.14
EUREX	SXPP	STOXX 600 BASIC RESOURCES INDEX	FSTS	5473.45	N/A	5473.45	4759.24	EUR	Yes	5805.77	5048.20
EUREX	SXKP	STOXX 600 TELECOMMUNICATIONS	FSTT	1160.09	N/A	1160.09	1008.53	EUR	Yes²	1160.09	1008.53
EUREX	SX6P	STOXX 600 UTILITIES	FSTU	2032.94	N/A	2032.94	1767.36	EUR	Yes	1576.13	1370.225
EUREX	SXTP	STOXX 600 TRAVEL & LEISURE	FSTV	1383.31	N/A	1383.31	1202.50	EUR	Yes²	1267.08	1101.45
EUREX	STX	STOXX50	FSTX	4069.16	N/A	4069.16	3534.78	EUR	Yes²	3082.15	2677.39
EUREX	SX8P	STOXX 600 TECHNOLOGY	FSTY	12050.65	N/A	12050.65	10468.51	EUR	Yes²	12050.65	10468.51
EUREX	SXQP	STOXX 600 PERSONAL & HOUSEHOLD GOODS	FSTZ	3546.48	N/A	3546.48	3078.96	EUR	Yes²	3474.39	3016.36
EUREX	ESTX50	EURO STOXX50	FSXE	346.302	301.133	494.718	430.189	EUR	No	479.504	416.96
EUREX	TDX	TECDAX	FTDX	9967.79	N/A	9967.79	8667.64	EUR	Yes²	9967.79	8667.64
EUREX	FUEM	EMERGING MARKET USD SOVEREIGN & SOVEREIGN OWNED	FUEM	838.461	N/A	838.461	728.988	USD	No	838.461	728.988
EUREX	V2TX	VSTOXX VOLATILITY INDEX	FVS	1026.95	N/A	1026.95	893.00	EUR	Yes	2335.77	2031.10
EUREX	DJES	EURO STOXX PRICE INDEX	FXXE	2716.39	N/A	2716.39	2358.94	EUR	No	2229.38	1936.00
EUREX	DJ600	STOXX 600 INDEX	FXXP	1735.58	1509.20	2479.40	2156	EUR	Yes	2010.16	1747.965
EUREX	UNIB2	UNA: UNILEVER PLC: ADJ 20251208	UNIH	829.092	N/A	829.092	720.95	EUR	No	829.092	720.95

Euronext NL (FTA)

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

Exchange FTA	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
FTA	AMX	AMX INDEX	FMX	12217.61	N/A	12217.61	10624.01	EUR	No	12217.61	10624.01
FTA	EOE	AMS EOE INDEX	FTI	12175.11	10587.06	17393.02	15124.37	EUR	Yes	14110.52	12270.02
FTA	EOE	AMS EOE INDEX	MFA	1217.51	1058.71	1739.30	1512.44	EUR	No	1411.05	1227.00

Hong Kong Futures Exchange (HKFE)

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

Exchange HKFE	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
HKFE	CES120	CES CHINA 120 INDEX	CHH	86943.34	N/A	86943.34	69554.67	HKD	No	86943.34	69554.67
HKFE	CNH	HOUSING INDEX COMPOSITE	CUS	25183.50	N/A	25183.50	20146.80	CNH	Yes	25183.50	20146.80
HKFE	HHIDPI	HSCEI DIVIDEND POINT INDEX	DHH	3047.13	N/A	3047.13	2437.70	HKD	No	3047.13	2437.70
HKFE	HSIDPI	HSI DIVIDEND POINT INDEX	DHS	9758.13	N/A	9758.13	7806.50	HKD	No	9758.13	7806.50
HKFE	GDR	CNH GOLD FUTURES	GDR	335280.92	N/A	335280.92	268224.73	CNH	No	335280.94	268224.73
HKFE	GDU	USD GOLD FUTURES	GDU	51690.91	N/A	51690.91	41352.73	USD	No	51690.91	41352.73
HKFE	HBI	HANG SENG BIOTECH INDEX	HBI	135227.69	N/A	135227.69	108165.36	HKD	No	135227.69	108165.36
HKFE	HHI.HK³	HANG SENG CHINA ENTERPRISE INDEX	HHI	43244.25	34595.40	61777.50	49422	HKD	Yes	61777.50	49422
HKFE	HSI	HANG SENG STOCK INDEX	HSI	97701.61	78161.29	139573.73	111658.99	HKD	Yes	139573.73	111658.99
HKFE	HSTECH	HANG SENG TECH INDEX	HTI	25114.75	20091.80	35878.22	28702.57	HKD	Yes	35878.22	28702.57
HKFE	MCA	MSCI CHINA A 50 CONNECT INDEX	MCA	5346.10	4276.83	7637.29	6109.76	USD	No	7637.29	6109.76
HKFE	MCH.HK	MINI-HANG SENG CHINA ENTERPRISES INDEX	MCH	8648.85	6919.08	12355.50	9884.40	HKD	Yes	12355.50	9884.40
HKFE	MCS	UNITED STATES DOLLAR	MCS	5048.02	N/A	5048.02	4029.18	CNH	No	5048.02	4029.18
HKFE	MHI	MINI HANG SENG INDEX	MHI	19540.32	15632.26	27914.75	22331.80	HKD	Yes	27914.75	22331.80
HKFE	MID.HK	MIAMI HOUSING INDEX	MIA	3908.51	N/A	3908.51	3126.80	USD	No	3908.51	3126.80
HKFE	MND	MSCI INDIA INDEX (USD) - HKFE	MND	8733.99	N/A	8733.99	6987.19	USD	No	8733.99	6987.19
HKFE	MTW	MSCI TAIWAN (USD) INDEX - HKFE	MTW	29362.48	N/A	29362.48	23489.71	USD	No	29362.48	23489.71
HKFE	VHSI	HANG SENG VOLATILITY INDEX	VHS	58125	N/A	58125	46500	HKD	No	149943.51	119954.81

Intercontinental Exchange (ICEEU)

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

Exchange ICEEU	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
ICEEU	EMP	ESTR VOLUME WEIGHTED TRIMMED MEAN RATE 2	EMP	246.151	N/A	246.151	214.045	EUR	No	246.151	214.045
ICEEU	ER3	COMPOUNDED ESTR AVERAGE 3 MONTHS RATE	ER3	154.623	N/A	154.623	134.454	EUR	No	154.623	134.454
ICEEU	SG	GENERALI	G	2909.49	N/A	2909.49	2529.99	GBP	No	2909.50	2529.99
ICEEU	H	MEDIUM GILT	H	2291.46	N/A	2291.46	1992.42	GBP	No	2291.46	1992.42
ICEEU	I	3 MONTH EURIBOR INTEREST RATE	I	592.349	N/A	592.349	515.086	EUR	Yes	592.354	515.086
ICEEU	NDUEBRAF	THE MSCI BRAZIL NET TOTAL RETURN	MCG	9247.58	N/A	9247.58	8037.58	USD	No	9247.58	8037.58
ICEEU	MPC	ICE IBA -ICE TERM SONIA REFERENCE RATES 1M	MPC	892.062	N/A	892.062	775.071	GBP	No	892.055	775.071
ICEEU	O	5 YEAR EURO SWAPNOTE	O	3947.91	N/A	3947.91	3432.97	EUR	No	3947.92	3432.97
ICEEU	P	10 YEAR EURO SWAPNOTE	P	6621.65	N/A	6621.65	5757.96	EUR	No	6621.66	5757.96
ICEEU	R	LONG GILT	R	3289.04	N/A	3289.04	2860.04	GBP	No	3289.04	2860.04
ICEEU	SRFXON3	THREE MONTH SARONA	SA3	402.477	N/A	402.477	349.98	CHF	No	402.477	349.98
ICEEU	SONIA.N	THREE MONTH SONIA	SO3	1078.26	N/A	1078.26	937.615	GBP	Yes	1078.26	937.615
ICEEU	SONIO.N	ONE MONTH SONIA	SOA	460.735	N/A	460.735	400.633	GBP	No	460.728	400.633
ICEEU	TWS	2 YEAR EURO SWAPNOTE	TWS	1818.26	N/A	1818.26	1581.09	EUR	No	1818.26	1581.09
ICEEU	F1DV	FTSE 100 DIVIDEND INDEX	XZ	749.80	N/A	749.80	652	GBP	No	749.80	652
ICEEU	Y	FTSE 250 INDEX	Y2	4768.58	N/A	4768.58	4146.14	GBP	No	4768.58	4146.14
ICEEU	Z	FTSE 100 INDEX	Z	5261.51	4575.23	7516.45	6536.04	GBP	Yes	7516.45	6536.04

ICE Agricultural Products (ICEEUSOFT)

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

Exchange ICEEUSOFT	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
ICEEUSOFT	C	COCOA	C	6299.47	N/A	6299.47	5477.80	GBP	No	6299.47	5477.80
ICEEUSOFT	D	ROBUSTA COFFEE	RC	5325.67	N/A	5325.67	4631.02	USD	No	5325.67	4631.02
ICEEUSOFT	T	WHEAT	T	2016.65	N/A	2016.65	1753.58	GBP	No	2016.65	1753.58
ICEEUSOFT	W	WHITE SUGAR	W	2373.86	N/A	2373.86	2064.23	USD	No	2373.86	2064.23

ICE Futures US (ICEUS)

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

Exchange ICEUS	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
ICEUS	AUD	AUSTRALIAN DOLLAR	KAU	7702.07	N/A	7702.07	6697.45	USD	No	7702.07	6697.45
ICEUS	EJ	NYBOT EURO IN JAPANESE YEN	KEJ	26685749.86	N/A	26685749.86	23204999.875	JPY	No	26685749.86	23204999.875
ICEUS	EO	EUROPEAN MONETARY UNION EURO	KEO	9180.68	N/A	9180.68	7977.93	USD	No	9180.68	7977.93
ICEUS	ECD	EUROPEAN MONETARY UNION EURO	KEP	13321.12	N/A	13321.12	11583.58	CAD	No	13321.12	11583.58
ICEUS	GB	EUROPEAN MONETARY UNION EURO	KGB	6238.03	N/A	6238.03	5424.375	GBP	No	6238.03	5424.375
ICEUS	EAD	EUROPEAN MONETARY UNION EURO	KRA	17839.73	N/A	17839.73	15512.81	AUD	No	17839.73	15512.81
ICEUS	RZ	NYBOT EURO IN SWISS FRANC	KRZ	6298.85	N/A	6298.85	5477.26	CHF	No	6298.85	5477.26
ICEUS	ZY	SWISS FRANC	KZY	4609523.64	N/A	4609523.64	4008280.99	JPY	No	4609523.14	4008280.99
ICEUS	MP	BRITISH POUND	MP	7128.26	N/A	7128.26	6198.49	USD	No	7128.26	6198.49
ICEUS	SS	BRITISH POUND IN SWISS FRANC	SS	11942.87	N/A	11942.87	10385.11	CHF	No	11942.87	10385.11
ICEUS	GBP	BRITISH POUND	SY	2405995.50	N/A	2405995.50	2092169.89	JPY	No	2405995.38	2092169.89

Borsa Italiana (IDEM)

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

Exchange IDEM	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
IDEM	MIBDIV	FTSE MIB DIVIDEND INDEX	FDIV	2439.13	N/A	2439.13	2119	EUR	No	2439.13	2119
IDEM	FTMIB	FTSE MIB INDEX	FIB	20405.77	17744.03	29151.10	25348.62	EUR	Yes	18988.30	16511.46
IDEM	FTMIB	FTSE MIB INDEX	MICR	816.226	709.761	1166.04	1013.94	EUR	No	759.527	660.458
IDEM	FTMIB	MSCI INDIA NET TOTAL RETURN INDEX (USD) - HKFE	MIN	4081.13	3548.81	5830.18	5069.72	EUR	No	3797.64	3302.29
IDEM	SRGB	SNAM & ITALGAS BASKET	SRG7	1468.32	N/A	1468.32	1276.80	EUR	No	1468.33	1276.81

Intercontinental Exchange (IPE)

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

Exchange IPE	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
IPE	ATW	ICE ROTTERDAM COAL	ATW	31475.00	N/A	31475.00	22506.83	USD	No	31475.00	22506.83
IPE	COIL	ICE BRENT CRUDE	COIL	18775.78	N/A	18775.78	15020.62	USD	Yes	18775.78	15020.62
IPE	GOIL	ICE GASOIL	GOIL	37129.75	N/A	37129.75	29703.80	USD	No	37129.75	29703.80
IPE	HOIL	ICE HEATING OIL	HOIL	34524.39	N/A	34524.39	27619.515	USD	No	34524.39	27619.515
IPE	NCF	NEWCASTLE COAL FUTURES	NCF	35260.15	N/A	35260.15	30661.00	USD	No	35260.15	30661.00
IPE	NGF	ICE UK NATURAL GAS	NGF	15810	N/A	15810	8434.015	GBP	No	30814	9560.99
IPE	RBOB	ICE NYH RBOB GASOLINE	RBOB	25200	N/A	25200	20160	USD	No	25200	20160
IPE	WTI	WEST TEXAS INTERMEDIATE LIGHT SWEET CRUDE OIL	WTI	17768.60	N/A	17768.60	14214.88	USD	Yes	17768.60	14214.88

Korea Stock Exchange (KSE)

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

Exchange KSE	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
KSE	K200	KOSPI200 INDEX	01	48347648.44	42041429.77	69068069.20	60059185.39	KRW	Yes	69068063.20	60059185.39
KSE	K200M	MINI KOSPI200 INDEX	05	9611916.11	8358187.21	13731308.72	11940267.44	KRW	Yes	13731307.72	11940267.44
KSE	KOSDQ150	KOSDAQ 150 INDEX	06	2501852.88	2175524.10	3574075.54	3107891.57	KRW	No	3574075.30	3107891.57
KSE	000670	YOUNG POONG CORPORATION	0Q	141025.24	N/A	141025.24	122197.10	KRW	No	158602.05	122197.10
KSE	005930	SAMSUNG ELECTRONICS CO LTD	11	1273547.56	N/A	1273547.56	858885.39	KRW	No	1264630.48	858885.39
KSE	017670	HENDERSON LAND DEVELOPMENT	12	289635.24	N/A	289635.24	250654.30	KRW	No	288252.44	250654.30
KSE	005490	POSCO HOLDINGS INC	13	1265200.14	N/A	1265200.14	976575.16	KRW	No	1277801.70	976575.16
KSE	030200	KTCORPORATION	14	162987.89	N/A	162987.89	141728.60	KRW	No	166902.32	141728.60
KSE	015760	KOREA ELECTRIC POWER CORP	15	114966.86	N/A	114966.86	99660.75	KRW	No	114609.86	99660.75
KSE	005380	SUN HUNG KAI PROPERTIES	16	2674439.13	N/A	2674439.13	1809638.90	KRW	No	2755118.61	1809638.90
KSE	016360	NEW WORLD DEVELOPMENT	17	608873.47	N/A	608873.47	413965.93	KRW	No	632899.51	413965.93
KSE	055550	SHINHAN FINANCIAL GROUP LTD	18	307258.10	N/A	307258.10	267180.96	KRW	No	310981.93	267180.96
KSE	000270	SWIRE PACIFIC LTD - CL A	19	524098.82	N/A	524098.82	426187.42	KRW	No	551598.27	426187.42
KSE	007340	DN AUTOMOTIVE CORP	1T	186984.35	N/A	186984.35	137788.90	KRW	No	226427.07	137788.90
KSE	443060	HD HYUNDAI MARINE SOLUTION C	1V	966845.90	N/A	966845.90	677401.14	KRW	No	1065101.53	677401.14
KSE	006040	DONGWON INDUSTRIES CO LTD	1W	98915.80	N/A	98915.80	86013.74	KRW	No	100970.75	86013.74
KSE	268280	MIWON SPECIALTY CHEMICAL CO	1X	292859.88	N/A	292859.88	254660.76	KRW	No	310502.92	254660.76
KSE	071320	KOREA DISTRICT HEATING CORP	1Y	215321.04	N/A	215321.04	183045.25	KRW	No	210502.04	183045.25
KSE	003240	TAEKWANG INDUSTRIAL CO LTD	1Z	3063982.21	N/A	3063982.21	2343780.47	KRW	No	3354225.96	2343780.47
KSE	012330	HYUNDAI MOBIS CO LTD	20	3281447.38	N/A	3281447.38	2194740.11	KRW	No	3302773.10	2194740.11
KSE	006400	SAMSUNG SDI CO LTD	22	2286806.42	N/A	2286806.42	1536934.06	KRW	No	2324545.54	1536934.06
KSE	009150	BANK OF EAST ASIA LTD	23	9360881.77	N/A	9360881.77	6289312.63	KRW	No	9507056.12	6289312.63
KSE	066570	LG ELECTRONICS INC	24	1321627.39	N/A	1321627.39	883605.22	KRW	No	1329188.32	883605.22
KSE	036460	KOREA GAS CORPORATION	28	106087.83	N/A	106087.83	91021.82	KRW	No	104675.09	91021.82
KSE	017960	HAN KUK CARBON CO LTD	2A	126970.64	N/A	126970.64	89268.98	KRW	No	138122.55	89268.98
KSE	095340	ISC CO LTD	2B	921971.97	N/A	921971.97	603463.36	KRW	No	888418.15	603463.36
KSE	025900	DONGWHA ENTERPRISE CO LTD	2C	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	357780	SOULBRAIN CO LTD/NEW	2D	1575588.32	N/A	1575588.32	1034216.19	KRW	No	1527818.30	1034216.19
KSE	222080	CREATIVE & INNOVATIVE SYSTEM	2E	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	086520	ECOPRO CO LTD	2F	509016.78	N/A	509016.78	343957.40	KRW	No	522978.19	343957.40
KSE	140860	PARK SYSTEMS CORP	2G	816154.93	N/A	816154.93	624757.73	KRW	No	804216.70	624757.73
KSE	030520	HANCOM INC	2H	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	004020	HYUNDAI STEEL CO	32	139782.16	N/A	139782.16	93216.96	KRW	No	139940.53	93216.96
KSE	003550	LG CORP	34	356409.50	N/A	356409.50	285710.84	KRW	No	350096.27	285710.84
KSE	078930	GS HOLDINGS	35	230788.33	N/A	230788.33	198319.88	KRW	No	228067.87	198319.88
KSE	033780	KT & G CORPORATION	36	532734.31	N/A	532734.31	463247.23	KRW	No	540723.12	463247.23
KSE	009540	HD KOREA SHIPBUILDING & OFFS	39	1262724.26	N/A	1262724.26	1098021.09	KRW	No	1284808.60	1098021.09
KSE	086790	HANA FINANCIAL GROUP	40	380113.09	N/A	380113.09	330533.125	KRW	No	386245.68	330533.125
KSE	096770	SK INNOVATION CO LTD	41	329142.52	N/A	329142.52	281704.375	KRW	No	323960.03	281704.375
KSE	001040	CJ CORP	42	677413.17	N/A	677413.17	467754.49	KRW	No	679449.00	467754.49
KSE	034220	LG DISPLAY CO LTD	45	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	105560	KB FINANCIAL GROUP INC	46	495298.89	N/A	495298.89	430694.69	KRW	No	501077.70	430694.69
KSE	051910	LG CHEM LTD	47	1221041.34	N/A	1221041.34	920234.30	KRW	No	1312915.88	920234.30
KSE	006800	MIRAE ASSET SECURITIES CO LT	48	254571.77	N/A	254571.77	170899.46	KRW	No	258229.36	170899.46
KSE	000660	SK HYNIX INC	50	11630746.06	N/A	11630746.06	7639486.45	KRW	No	11287712.52	7639486.45
KSE	006360	GS ENGINEERING & CONSTRUCT	51	160480.40	N/A	160480.40	109007.28	KRW	No	166509.53	109007.28
KSE	139480	E-MART INC	54	291223.83	N/A	291223.83	227867.54	KRW	No	310164.20	227867.54
KSE	161390	HANKOOK TIRE & TECHNOLOGY CO	55	204454.77	N/A	204454.77	177786.76	KRW	No	219286.63	177786.76
KSE	035420	NAVER CORP	56	696874.04	N/A	696874.04	605977.42	KRW	No	700783.74	605977.42
KSE	003490	KOREAN AIR LINES CO LTD	57	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	3KTB	3-YEAR KOREA TREASURY BOND	65	994833.01	N/A	994833.01	865072.18	KRW	No	994835.01	865072.18
KSE	FLKTB	10-YEAR KOREA TREASURY BOND	67	3099574.79	N/A	3099574.79	2695280.68	KRW	No	3099572.79	2695280.68
KSE	KWY	UNITED STATES DOLLAR	75	1737305.43	N/A	1737305.43	1510699.95	KRW	No	3474609.89	3021399.90
KSE	032640	LG UPLUS CORP	B0	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	010950	S-OILCORPORATION	B2	381494.85	N/A	381494.85	285710.84	KRW	No	387181.62	285710.84
KSE	010130	KOREA ZINC CO LTD	B3	4421626.24	N/A	4421626.24	3237722.50	KRW	No	4483405.26	3237722.50
KSE	024110	INDUSTRIALBANKOFKOREA	B4	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	001680	DAESANG CORPORATION	B6	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	047050	POSCO INTERNATIONAL CORP	B7	198906.93	N/A	198906.93	163513.74	KRW	No	213016.88	163513.74
KSE	034020	DOOSAN ENERBILITY CO LTD	B9	354842.78	N/A	354842.78	258667.23	KRW	No	350180.58	258667.23
KSE	023530	BARLEY FUTURES	BA	767883.14	N/A	767883.14	516780.67	KRW	No	782261.77	516780.67
KSE	011170	NYMEX BRENT FINANCIAL FUTURES INDEX	BB	383248.68	N/A	383248.68	266342.41	KRW	No	415859.46	266342.41
KSE	032830	SAMSUNG LIFE INSURANCE CO LT	BD	1424110.18	N/A	1424110.18	1079240.78	KRW	No	1438036.52	1079240.78
KSE	010140	SAMSUNGHEAVYINDUSTRIES	BF	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	029780	SAMSUNG CARD CO	BG	153485.06	N/A	153485.06	133465.27	KRW	No	159346.17	133465.27
KSE	012450	HANWHA AEROSPACE CO LTD	BH	3532874.34	N/A	3532874.34	2962278.125	KRW	No	3631099.08	2962278.125
KSE	036570	NC CORP	BJ	752370.62	N/A	752370.62	653554.18	KRW	No	751587.31	653554.18
KSE	000080	HITE JINRO CO LTD	BK	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	071050	KOREA INVESTMENT HOLDINGS CO	BL	947087.09	N/A	947087.09	647444.32	KRW	No	995245.80	647444.32
KSE	047810	KOREA AEROSPACE INDUSTRIES	BM	470431.93	N/A	470431.93	387875.625	KRW	No	447437.01	387875.625
KSE	000720	DANONE	BN	619224.06	N/A	619224.06	417173.30	KRW	No	631999.73	417173.30
KSE	011210	HYUNDAI WIA CORP	BP	299376.10	N/A	299376.10	215597.75	KRW	No	300158.14	215597.75
KSE	008770	HOTEL SHILLA CO LTD	BQ	191744.70	N/A	191744.70	149741.53	KRW	No	189676.94	149741.53
KSE	035250	KANGWON LAND, INC.	BS	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	138930	BNK FINANCIAL GROUP INC	BT	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	139130	IM FINANCIAL GROUP CO LTD	BV	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	114090	GRAND KOREA LEISURE CO LTD	BW	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	011070	LG INNOTEK CO LTD	BY	5795286.585	N/A	5795286.585	3850170.28	KRW	No	5755223.84	3850170.28
KSE	005940	BRENT CRUDE OIL - LAST DAY	BZ	115951.98	N/A	115951.98	82257.68	KRW	No	111013.42	82257.68
KSE	034730	SK INC	C1	2508525.17	N/A	2508525.17	1699374.11	KRW	No	2590270.94	1699374.11
KSE	011780	KUMHO PETRO CHEMICAL CO LTD	C3	437844.25	N/A	437844.25	330282.73	KRW	No	448106.16	330282.73
KSE	018260	SAMSUNG SDS CO LTD	C5	782823.78	N/A	782823.78	595961.29	KRW	No	790513.97	595961.29
KSE	090430	AMOREPACIFIC CORP	C6	317912.78	N/A	317912.78	276445.90	KRW	No	318696.39	276445.90
KSE	030000	CHEIL WORLDWIDE INC	C7	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	028260	SAMSUNG C&T CORP	C8	2306190.53	N/A	2306190.53	1552647.44	KRW	No	2352249.44	1552647.44
KSE	000880	HANWHA CORPORATION	C9	427420.88	N/A	427420.88	313756.07	KRW	No	419469.54	313756.07
KSE	088350	CARREFOUR SA	CA	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	086280	COCOA NYBOT	CC	860613.38	N/A	860613.38	579466.67	KRW	No	877786.58	579466.67
KSE	001450	HYUNDAI MARINE & FIRE INS CO	CE	128236.61	N/A	128236.61	103291.61	KRW	No	140569.47	103291.61
KSE	035720	KAKAO CORP	CF	116481.64	N/A	116481.64	101288.38	KRW	No	118135.14	101288.38
KSE	046890	SEOUL SEMICONDUCTOR CO LTD	CJ	92901.97	N/A	92901.97	75470	KRW	No	95924.29	75470
KSE	069080	WEBZEN INC	CK	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	096530	LIGHT SWEET CRUDE OIL	CL	94380.28	N/A	94380.28	75470	KRW	No	97295.44	75470
KSE	022100	POSCO DX CO LTD	CN	92243.73	N/A	92243.73	75470	KRW	No	91151.69	75470
KSE	068270	CELLTRION INC	CP	527257.16	N/A	527257.16	458484.49	KRW	No	529165.97	458484.49
KSE	122870	YG ENTERTAINMENT INC	CQ	133327.55	N/A	133327.55	115937.00	KRW	No	134575.57	115937.00
KSE	051900	LG H&H	CR	709832.42	N/A	709832.42	617245.59	KRW	No	728814.83	617245.59
KSE	002790	AXA SA	CS	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	000810	COTTON NO. 2	CT	1932241.68	N/A	1932241.68	1680210.16	KRW	No	1943082.25	1680210.16
KSE	008930	HANMI SCIENCE CO LTD	CV	88981.03	N/A	88981.03	77374.80	KRW	No	92480.24	77374.80
KSE	021240	COWAY CO LTD	CW	265150.20	N/A	265150.20	228368.36	KRW	No	262623.61	228368.36
KSE	128940	HANMI PHARM CO LTD	CX	1253414.53	N/A	1253414.53	1065468.59	KRW	No	1225288.88	1065468.59
KSE	018880	SGX ONSHORE CHINESE RENMINBI (CNY) IN US DOLLAR FUTURES	CY	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	005830	LONDON HEATING DEGREE DAY INDEX	D0	441737.51	N/A	441737.51	384119.57	KRW	No	446215.81	384119.57
KSE	097950	CJ CHEILJEDANG CORP.	D1	577368.78	N/A	577368.78	502059.80	KRW	No	596608.02	502059.80
KSE	009240	AMSTERDAM SCHIPHOL HEATING DEGREE DAY INDEX	D2	100643.59	N/A	100643.59	87516.16	KRW	No	109693.69	87516.16
KSE	002380	KCC CORP	D3	1955433.67	N/A	1955433.67	1402261.875	KRW	No	2013528.22	1402261.875
KSE	012750	S1 CORPORATION	D5	234979.01	N/A	234979.01	204329.57	KRW	No	249297.33	204329.57
KSE	000100	YUHAN CORPORATION	D6	225476.19	N/A	225476.19	196066.25	KRW	No	226741.18	196066.25
KSE	051600	KEPCO PLANT SERVICE & ENGINE	D7	150605.43	N/A	150605.43	130961.24	KRW	No	151450.38	130961.24
KSE	069960	HYUNDAI DEPT STORE CO	D8	676207.79	N/A	676207.79	496801.33	KRW	No	748618.43	496801.33
KSE	004370	MILK CLASS III INDEX	DA	1075217.88	N/A	1075217.88	931502.50	KRW	No	1071227.875	931502.50
KSE	079550	LIG DEFENSE&AEROSPACE CO LTD	DB	4708559.73	N/A	4708559.73	3096164.16	KRW	No	4580936.05	3096164.16
KSE	204320	HL MANDO CO LTD	DC	235378.71	N/A	235378.71	192560.61	KRW	No	241863.48	192560.61
KSE	004170	SHINSEGAE INC	DD	2782475.50	N/A	2782475.50	1920597.81	KRW	No	2787258.57	1920597.81
KSE	161890	KOLMAR KOREA CO LTD	DE	246785.55	N/A	246785.55	214596.13	KRW	No	250170.12	214596.13
KSE	111770	YOUNGONE CORP	DG	233251.22	N/A	233251.22	202827.15	KRW	No	244559.84	202827.15
KSE	006650	KOREA PETRO CHEMICAL IND	DJ	594630.09	N/A	594630.09	407341.04	KRW	No	627114.96	407341.04
KSE	192820	COSMAX INC	DK	490202.66	N/A	490202.66	418174.49	KRW	No	480900.67	418174.49
KSE	086900	MEDY-TOX INC	DP	249401.01	N/A	249401.01	214596.13	KRW	No	246785.55	214596.13
KSE	078340	COM2US CORP	DR	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	035760	CJ ENM CO LTD	DT	108850.58	N/A	108850.58	94652.68	KRW	No	113961.26	94652.68
KSE	056190	SFA ENGINEERING CORP	DV	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	241560	DOOSAN BOBCAT INC	DW	200867.08	N/A	200867.08	173029.10	KRW	No	198983.47	173029.10
KSE	017800	CME DRY WHEY INDEX	DY	237858.66	N/A	237858.66	206833.61	KRW	No	256193.14	206833.61
KSE	240810	WONIK IPS CO LTD	E0	661658.92	N/A	661658.92	568513.76	KRW	No	656702.77	568513.76
KSE	041510	SM ENTERTAINMENT CO LTD	E4	238434.60	N/A	238434.60	207334.43	KRW	No	240772.29	207334.43
KSE	251270	NETMARBLE CORP	E5	120369.15	N/A	120369.15	104668.83	KRW	No	120544.47	104668.83
KSE	003670	POSCO FUTURE M CO LTD	E8	769079.38	N/A	769079.38	523344.14	KRW	No	775832.52	523344.14
KSE	316140	WOORI FINANCIAL GROUP INC	EB	96138.31	N/A	96138.31	82758.49	KRW	No	95172.26	82758.49
KSE	009420	HANALL BIOPHARMA CO LTD	EE	203807.59	N/A	203807.59	137766.21	KRW	No	209491.03	137766.21
KSE	035900	JYP ENTERTAINMENT CORP	EF	160396.22	N/A	160396.22	139474.97	KRW	No	162296.09	139474.97
KSE	028670	PAN OCEAN CO LTD	EH	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	011790	NYBOT EURO IN JAPANESE YEN	EJ	868838.09	N/A	868838.09	580782.79	KRW	No	873510.36	580782.79
KSE	093370	FOOSUNG CO LTD	EL	102191.11	N/A	102191.11	75470	KRW	No	98811.50	75470
KSE	375500	DL E&C CO LTD	ER	397729.23	N/A	397729.23	270782.37	KRW	No	414617.89	270782.37
KSE	028050	SAMSUNG E&A CO LTD	ET	254952.38	N/A	254952.38	171226.68	KRW	No	258784.45	171226.68
KSE	272210	HANWHA SYSTEMS CO LTD	EV	447504.65	N/A	447504.65	292220.15	KRW	No	428942.62	292220.15
KSE	293490	KAKAO GAMES CORP	EX	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	247540	ECOPRO BM CO LTD	EY	674784.97	N/A	674784.97	453789.96	KRW	No	686584.91	453789.96
KSE	253450	STUDIO DRAGON CORP	EZ	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	200130	KOLMAR BNH CO LTD	F1	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	036540	SFA SEMICON CO LTD	F2	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	000250	SAM CHUN DANG PHARM CO LTD	F4	1698569.53	N/A	1698569.53	1145056.93	KRW	No	1737132.12	1145056.93
KSE	373220	LG ENERGY SOLUTION	F5	1190462.22	N/A	1190462.22	1027907.97	KRW	No	1182094.16	1027907.97
KSE	323410	KAKAOBANK CORP	F6	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	377300	KAKAO PAY CORP	F7	183875.29	N/A	183875.29	124402.16	KRW	No	189377.78	124402.16
KSE	259960	KRAFTON INC	F8	683646.87	N/A	683646.87	593457.23	KRW	No	682475.81	593457.23
KSE	302440	SK BIOSCIENCE CO LTD	F9	116039.56	N/A	116039.56	100161.56	KRW	No	115185.80	100161.56
KSE	011200	HMM CO LTD	FA	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	361610	SK IE TECHNOLOGY CO LTD	FB	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	352820	HYBE CO LTD	FC	642160.81	N/A	642160.81	558400.70	KRW	No	655763.57	558400.70
KSE	329180	HD HYUNDAI HEAVY INDUSTRIES	FD	2509902.57	N/A	2509902.57	1747819.22	KRW	No	2652456.14	1747819.22
KSE	402340	SK SQUARE CO LTD	FE	8125885.50	N/A	8125885.50	5452922.475	KRW	No	8234385.35	5452922.475
KSE	326030	SK BIOPHARMACEUTICALS CO LTD	FF	255424.50	N/A	255424.50	222108.26	KRW	No	268857.52	222108.26
KSE	383220	F&F CO LTD / NEW	FG	230659.54	N/A	230659.54	200573.52	KRW	No	242953.63	200573.52
KSE	267250	HD HYUNDAI	FH	820915.96	N/A	820915.96	677845.47	KRW	No	783679.92	677845.47
KSE	271560	ORION CORP/REPUBLIC OF KOREA	FJ	385872.39	N/A	385872.39	335541.21	KRW	No	387037.28	335541.21
KSE	138040	MERITZ FINANCIAL GROUP INC	FK	329583.12	N/A	329583.12	286462.05	KRW	No	329431.36	286462.05
KSE	263750	PEARL ABYSS CORP	FL	203114.70	N/A	203114.70	135202.38	KRW	No	202412.02	135202.38
KSE	066970	L&F CO LTD	FM	638415.87	N/A	638415.87	437850.75	KRW	No	674994.44	437850.75
KSE	112040	WEMADE CO LTD	FN	86790.50	N/A	86790.50	75470	KRW	No	86790.50	75470
KSE	196170	ALTEOGEN INC	FP	1215629.45	N/A	1215629.45	922072.78	KRW	No	1217019.32	922072.78
KSE	058470	LEENO INDUSTRIAL INC	FQ	354423.17	N/A	354423.17	237132.48	KRW	No	325483.08	237132.48
KSE	052690	KEPCO ENGINEERING & CONSTRUC	G3	465765.06	N/A	465765.06	337043.63	KRW	No	480114.21	337043.63
KSE	000150	DOOSAN CO LTD	GT	7207949.39	N/A	7207949.39	5323381.30	KRW	No	7222846.96	5323381.30

London Metals Exchange (LMEOTC)

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

Exchange LMEOTC	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
LMEOTC	AH	HIGH-GRADE PRIMARY ALUMINIUM	AH	7901.56	N/A	7901.56	6870.77	USD	No	7901.56	6870.77
LMEOTC	CA	CARREFOUR SA	CA	28609.72	N/A	28609.72	24877.42	USD	No	28609.73	24877.42
LMEOTC	PB	LEAD - LME	PB	3875.63	N/A	3875.63	3369.96	USD	No	3875.63	3369.96
LMEOTC	SNLME	TIN FUTURE	SN	86214.76	N/A	86214.76	74824.10	USD	No	86214.76	74824.10
LMEOTC	ZSLME	SOYBEAN FUTURES	ZS	8716.35	N/A	8716.35	7579.26	USD	No	8716.35	7579.26

Euronext France (MATIF)

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

Exchange MATIF	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
MATIF	EBM	MILLING WHEAT FUTURES	EBM	860.149	N/A	860.149	747.956	EUR	Yes	1460.17	1269.71
MATIF	ECO	EUROPEAN RAPESEED FUTURE	ECO	3081.18	N/A	3081.18	2679.29	EUR	Yes	3869.67	3364.93
MATIF	EMA	CORN	EMA	1729.09	N/A	1729.09	1503.56	EUR	Yes	1983.97	1725.19

Mercado Espanol de Futuros Finacial Futures & Options Exchange (MEFFRV)

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

Exchange MEFFRV	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
MEFFRV	IBEX35	IBEX 35 INDEX	IBX	17250.59	N/A	17250.59	15000	EUR	No	17250.59	15000
MEFFRV	IBEX	IBEX 35 INDEX MINI	MIX	1725.03	N/A	1725.03	1500	EUR	Yes	1725.03	1500

Mexican Derivatives Exchange (MEXDER)

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

Exchange MEXDER	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
MEXDER	DEUA	MILK CLASS III INDEX	DA	7780.40	N/A	7780.40	6765.56	MXN	No	13266.58	11536.15
MEXDER	EURO	EUROPEAN MONETARY UNION EURO	EU	22699.50	N/A	22699.50	19738.69	MXN	No	22699.50	19738.69
MEXDER	IPC	MEXICO BOLSA (IPC) INDEX	IPC	64684.35	N/A	64684.35	56229.06	MXN	Yes²	65561.69	56991.73
MEXDER	IPC	MEXICO BOLSA (IPC) INDEX	MIP	12770.96	N/A	12770.96	11105.19	MXN	No	12944.18	11255.81

Euronext France (MONEP)

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

Exchange MONEP	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
MONEP	EPEU	FTSE EPRA/NAREIT EURO ZONE	EPE	3783.77	N/A	3783.77	3290.23	EUR	No	3783.77	3290.23
MONEP	EPRA	FTSE EPRA/NAREIT EUROPE	EPR	3693.88	N/A	3693.88	3211.97	EUR	No	3693.88	3211.97
MONEP	CAC40	CAC 40	FCE	5262.18	4575.81	7517.41	6536.87	EUR	Yes	5805.81	5048.53
MONEP	FEF	FTSEUROFIRST 80 NEW	FEF	18066.74	N/A	18066.74	15710.21	EUR	No	18066.74	15710.21
MONEP	FEO	FTSEUROFIRST 100 NEW	FEO	13301.55	N/A	13301.55	11566.57	EUR	No	13301.55	11566.57
MONEP	CAC40	CAC 40	MFC	526.218	457.581	751.741	653.687	EUR	No	580.581	504.853

National Stock Exchange of India (NSE)

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

Exchange NSE	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
NSE	BANKNIFTY	NIFTY BANK	BANKNIFTY	8257.67	N/A	8257.67	7180.58	INR	Yes	8209.53	7138.72
NSE	EURINR	EURO IN INDIAN RUPEE	EURINR	12636.20	N/A	12636.20	10988.00	INR	No	12636.20	10988.00
NSE	NSEFIN	NSE NIFTY FINANCIAL SERVICES INDEX FUTURES	FINNIFTY	3868.59	N/A	3868.59	3363.765	INR	Yes	3846.12	3344.455
NSE	GBPINR	BRITISH POUNDS IN INDIAN RUPEE	GBPINR	14611.325	N/A	14611.325	12705.50	INR	No	14611.325	12705.50
NSE	JPYINR	JAPANESE YEN IN INDIAN RUPEE	JPYINR	7230.23	N/A	7230.23	6287.15	INR	No	7230.23	6287.15
NSE	MIDCAPSEL	NIFTY MIDCAP SELECT	MIDCPNIFTY	2346.67	N/A	2346.67	2040.58	INR	Yes	2334.48	2029.98
NSE	NIFTY50	SGX NSE IFSC NIFTY 50 INDEX	NIFTY	3409.37	N/A	3409.37	2964.67	INR	Yes	3389.21	2947.14
NSE	USDINR	US DOLLARS IN INDIAN RUPEE	USDINR	10874.40	N/A	10874.40	9456.00	INR	Yes	10874.40	9456.00

ICE Futures U.S. (NYBOT)

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

Exchange NYBOT	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
NYBOT	LRC30APR	ICE U.S. CONFORMING 30-YR FIXED MORTGAGE RATE LOCK WEIGHTED APR	30C	3671.75	N/A	3671.75	3192.82	USD	No	3671.74	3192.82
NYBOT	AC	COFFEE "C" METRIC	AC	8832	N/A	8832	7680	USD	No	8832	7680
NYBOT	CC	COCOA NYBOT	CC	9157.66	N/A	9157.66	7963.18	USD	Yes	9157.66	7963.18
NYBOT	CT	COTTON NO. 2	CT	2758.63	N/A	2758.63	2398.78	USD	Yes	2758.63	2398.78
NYBOT	DX	NYBOT US DOLLAR FX	DX	2270.10	N/A	2270.10	1974.00	USD	Yes	2270.10	1974.00
NYBOT	NYFANG	NYSE FANG+ INDEX	FNG	25936.57	N/A	25936.57	22540.11	USD	No	25936.57	22540.11
NYBOT	KC	COFFEE "C"	KC	19803.46	N/A	19803.46	17220.40	USD	Yes	19803.46	17220.40
NYBOT	OJ	FC ORANGE JUICE "A"	OJ	9777.45	N/A	9777.45	8502.13	USD	Yes	9777.45	8502.13
NYBOT	RS	CANOLA	RS	1474.86	N/A	1474.86	1282.48	CAD	No	1474.86	1282.48
NYBOT	SB	SUGAR NO. 11	SB	1828.21	N/A	1828.21	1589.75	USD	Yes	1828.21	1589.75
NYBOT	SF	SUGAR #16 112000 LBS	SF	2537.36	N/A	2537.36	2206.40	USD	No	2537.36	2206.40

New York Mercantile Exchange (NYMEX)

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

Exchange NYMEX	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
NYMEX	BB	NYMEX BRENT FINANCIAL FUTURES INDEX	BB	18750.00	N/A	18750.00	15000	USD	No	18750	15000
NYMEX	BZ	BRENT CRUDE OIL - LAST DAY	BZ	18750.00	N/A	18750.00	15000	USD	Yes	18750	15000
NYMEX	CL	LIGHT SWEET CRUDE OIL	CL	19219.08	N/A	19219.08	15375.26	USD	Yes	19219.08	15375.26
NYMEX	HH	NATURAL GAS LAST DAY FINANCIAL FUTURES INDEX	HH	7672.60	N/A	7672.60	6671.83	USD	No	7672.60	6671.83
NYMEX	HHW	HENRY HUB NATURAL GAS (WEEKLY FUTURES)	HHW	7672.59	N/A	7672.59	6671.81	USD	No	7672.59	6671.81
NYMEX	HO	HEATING OIL	HO	29180.60	N/A	29180.60	23344.48	USD	Yes	29180.60	23344.48
NYMEX	HP	NATURAL GAS PENULTIMATE FINANCIAL FUTURES INDEX	HP	7673.36	N/A	7673.36	6671.83	USD	No	7673.36	6671.83
NYMEX	MCL	MICRO WTI CRUDE OIL	MCL	1923.01	N/A	1923.01	1538.41	USD	Yes	1923.01	1538.41
NYMEX	MHO	MICRO NY HARBOR ULSD	MHO	2919.53	N/A	2919.53	2335.62	USD	No	2919.53	2335.62
NYMEX	MHNG	MICRO HENRY HUB NATURAL GAS	MNG	767.26	N/A	767.26	667.183	USD	No	767.26	667.183
NYMEX	MRB	MICRO RBOB GASOLINE	MRB	2520	N/A	2520	2016	USD	No	2520	2016
NYMEX	NG	HENRY HUB NATURAL GAS	NG	7672.59	N/A	7672.59	6671.81	USD	Yes	7672.59	6671.81
NYMEX	PA	PALLADIUM INDEX	PA	37820.76	N/A	37820.76	32886.92	USD	No	37820.76	32886.92
NYMEX	PL	PLATINUM INDEX	PL	16365.89	N/A	16365.89	14231.21	USD	No	16365.89	14231.21
NYMEX	QG	NYMEX MINY NATURAL GAS INDEX	QG	1918.15	N/A	1918.15	1667.96	USD	No	1918.15	1667.96
NYMEX	QM	NYMEX MINY LIGHT SWEET CRUDE OIL	QM	11050.32	N/A	11050.32	8840.24	USD	No	11050.32	8840.24
NYMEX	RB	NYMEX RBOB GASOLINE INDEX	RB	25200	N/A	25200	20160	USD	Yes	25200	20160
NYMEX	TT	NYMEX COTTON INDEX	TT	11548.33	N/A	11548.33	10042.03	USD	No	11548.33	10042.03

New York Stock Exchange/Liffe (NYSE LIFFE)

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

Exchange NYSELIFFE	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
NYSELIFFE	M1MSA	MSCI EMERGING MARKETS ASIA NET TOTAL RETURN (NTR)	ASN	23030.30	N/A	23030.30	20020.20	USD	No	23030.30	20020.20
NYSELIFFE	M1EU	MSCI EUROPE NTR	EU9	13741.35	N/A	13741.35	11944.07	USD	No	13741.35	11944.07
NYSELIFFE	M1JP	THE MSCI JAPAN NTR	JPP	24664.61	N/A	24664.61	21447.49	USD	No	24664.61	21447.49
NYSELIFFE	MXEA	MSCI EAFE INDEX	MFS	9484.99	8247.82	13549.98	11782.59	USD	No	13286.63	11553.59
NYSELIFFE	MXEF	MSCI EMERGING MARKETS INDEX	MME	8813.46	7663.88	12590.65	10948.39	USD	No	13051.50	11349.13
NYSELIFFE	MXUS	MSCI USA INDEX	MUN	85963.92	N/A	85963.92	74751.24	USD	No	85963.92	74751.24

Nasdaq OMX - Stockholm (OMS)

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

Exchange OMS	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
OMS	OMXESG	OMXS30 ESG RESPONSIBLE INDEX	OMXESG	29700.57	N/A	29700.57	25823.00	SEK	No	29700.58	25823.00
OMS	OMXS30	OMX INDEX (SWEDEN)	OMXS30	21496.72	18692.80	30709.60	26704	SEK	Yes	30709.60	26704

Osaka Securities Exchange (OSE.JPN)

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

Exchange OSE.JPN	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
OSE.JPN	N225	NIKKEI 225	225	6170843.06	5365950.49	8815490.09	7665643.55	JPY	Yes	8815490.09	7665643.55
OSE.JPN	N225M	NIKKEI 225 MINI	225M	617084.31	536595.05	881549.01	766564.36	JPY	Yes	881549.01	766564.36
OSE.JPN	N225MC	NIKKEI 225 MICRO	225MC	61708.43	53659.50	88154.90	76656.44	JPY	No	88154.90	76656.44
OSE.JPN	JPNK400	JPX-NIKKEI INDEX 400	400	263675.94	N/A	263675.94	229254.40	JPY	No	263675.94	229254.40
OSE.JPN	TPXC30	TOPIX CORE30	C30	221918.23	N/A	221918.23	192972.38	JPY	No	221918.23	192972.38
OSE.JPN	DJIA	OSE DOW JONES INDUSTRIAL AVERAGE	DJIA	935531.38	N/A	935531.38	811437.10	JPY	No	935531.38	811437.10
OSE.JPN	JGB	STANDARDIZED 6% 10-YEAR JAPANESE GOVERNMENT BOND	JBL	2109196.92	N/A	2109196.92	1834084.27	JPY	Yes	2109196.92	1834084.27
OSE.JPN	MJ	MINI 10 YEAR JGB	JBLM	210919.69	N/A	210919.69	183408.43	JPY	No	210919.69	183408.43
OSE.JPN	TSEMOTHR	TSE GROWTH MARKET 250 INDEX	MOTH	73042.06	N/A	73042.06	63509.20	JPY	No	73042.06	63509.20
OSE.JPN	NKVI	NIKKEI 225 VOLATILITY INDEX	NVI	201825	N/A	201825	175500	JPY	No	177846.95	154649.52
OSE.JPN	TSEREIT	TSE REIT INDEX	REIT	212946.96	N/A	212946.96	185095.86	JPY	No	212946.96	185095.86
OSE.JPN	TOPX	TOPIX INDEX	TPX	2829332.19	2460288.86	4041903.13	3514698.37	JPY	No	4041903.13	3514698.37
OSE.JPN	MNTPX	JAPAN MINI TOPIX	TPXM	282933.22	246028.89	404190.31	351469.84	JPY	No	404190.31	351469.84

ICE Futures – Europe (QBALGOIEU)

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

Exchange QBALGOIEU	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
QBALGOIEU	COIL	ICE BRENT CRUDE	COIL	18775.78	N/A	18775.78	15020.62	USD	No	18775.78	15020.62
QBALGOIEU	GOIL	ICE GASOIL	GOIL	37129.75	N/A	37129.75	29703.80	USD	No	37129.75	29703.80
QBALGOIEU	WTI	WEST TEXAS INTERMEDIATE LIGHT SWEET CRUDE OIL	WTI	17768.60	N/A	17768.60	14214.88	USD	No	17768.60	14214.88

ICE Futures – US (QBALGOIUS)

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

Exchange QBALGOIUS	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
QBALGOIUS	CC	COCOA NYBOT	CC	9157.66	N/A	9157.66	7963.18	USD	No	9157.66	7963.18
QBALGOIUS	CT	COTTON NO. 2	CT	2758.63	N/A	2758.63	2398.78	USD	No	2758.63	2398.78
QBALGOIUS	DX	NYBOT US DOLLAR FX	DX	2270.10	N/A	2270.10	1974.00	USD	No	2270.10	1974.00
QBALGOIUS	KC	COFFEE "C"	KC	19803.46	N/A	19803.46	17220.40	USD	No	19803.46	17220.40
QBALGOIUS	OJ	FC ORANGE JUICE "A"	OJ	9777.45	N/A	9777.45	8502.13	USD	No	9777.45	8502.13
QBALGOIUS	SB	SUGAR NO. 11	SB	1828.21	N/A	1828.21	1589.75	USD	No	1828.21	1589.75

Singapore Exchange (SGX)

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

Exchange SGX	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
SGX	AJ	SGX AUSTRALIAN DOLLAR IN JAPANESE YEN FUTURES	AJ	354962.68	N/A	354962.68	308663.15	JPY	No	354962.63	308663.15
SGX	AU	SGX AUSTRALIAN DOLLAR IN US DOLLAR FUTURES	AU	1928.82	N/A	1928.82	1677.24	USD	No	1928.82	1677.24
SGX	XINA50	FTSE/XINHUA CHINA A50	CN	1512.85	1315.52	2161.22	1879.32	USD	No	2161.22	1879.32
SGX	CY	SGX ONSHORE CHINESE RENMINBI (CNY) IN US DOLLAR FUTURES	CY	4324.29	N/A	4324.29	3760.25	USD	No	4324.29	3760.25
SGX	XIN0I	FTSE CHINA H50	FCH	5078.29	N/A	5078.29	4415.84	USD	No	5078.29	4415.84
SGX	SCI	FTSEUROFIRST 80 NEW	FEF	1060.30	N/A	1060.30	922.003	USD	No	1060.30	922.003
SGX	WIIDN	FTSE INDONESIA INDEX	FID	3564.08	N/A	3564.08	3096.78	USD	No	3564.08	3096.78
SGX	FIVNM30	FTSE VIETNAM 30 PRICE RETURN INDEX	FVN	1290.40	N/A	1290.40	1122.09	USD	No	1290.40	1122.09
SGX	INR	UNITED STATES DOLLAR	INR	10890.50	N/A	10890.50	9470.00	USD	No	10890.50	9470.00
SGX	INX	SGX USD/INR (USD) MONTH-END	INX	10875.55	N/A	10875.55	9457	USD	No	10875.55	9457
SGX	IU	SGX INDIAN RUPEE IN US DOLLAR FUTURES	IU	2431.79	N/A	2431.79	2114.60	USD	No	2431.79	2114.60
SGX	SGB	SGX MINI JGB INDEX	JB	320452.82	N/A	320452.82	278599.56	JPY	No	320452.52	278599.56
SGX	KJ	SGX KOREAN WON IN JAPANESE YEN FUTURES	KJ	343931.61	N/A	343931.61	299070.97	JPY	No	343931.61	299070.97
SGX	KRW	KOREAN WON	KRW	9551.74	N/A	9551.74	8298.75	USD	No	9545.49	8298.75
SGX	KU	SGX KOREAN WON IN US DOLLAR FUTURES (MINI)	KU	1911.59	N/A	1911.59	1662.25	USD	No	1908.71	1659.75
SGX	MTWN	FTSE TAIWAN RIC CAPPED PRICE RETURN TWD INDEX (MICRO)	MTWN	1268.84	1103.34	1812.63	1576.20	USD	No	1812.63	1576.20
SGX	MUC	SGX USD/CNH FUTURES (MINI)	MUC	5792.55	N/A	5792.55	5037	CNH	No	5792.55	5037
SGX	NKYDIV	NIKKEI STOCK AVERAGE DIVIDEND POINT INDEX	ND	2195810.03	N/A	2195810.03	1909400.02	JPY	No	2195810.15	1909400.02
SGX	NIFTY	SGX NSE IFSC NIFTY 50 INDEX	NIFTY	1932.02	1680.02	2760.03	2400.02	USD	No	2760.03	2400.02
SGX	SGXNK	SGX: NIKKEI 225	NK	2608590.90	2268339.91	3726558.43	3240485.59	JPY	Yes	3726558.43	3240485.59
SGX	SGXNKM	SGX: NIKKEI 225 MINI	NS	521718.18	453667.98	745311.69	648097.12	JPY	No	745311.69	648097.12
SGX	N225U	SGX: USD NIKKEI 225 INDEX	NU	123643.97	N/A	123643.97	107516.50	USD	No	123643.97	107516.50
SGX	SSG	MSCI SINGAPORE FREE INDEX	SGP	1885.11	1639.23	2693.01	2341.75	SGD	Yes²	2693.01	2341.75
SGX	SND	SGX US DOLLAR IN SINGAPORE DOLLAR FUTURES (FULL-SIZED)	SND	6336.06	N/A	6336.06	5509.62	SGD	No	6336.06	5509.62
SGX	STI	SGX STRAITS TIMES INDEX	ST	1031.54	N/A	1031.54	896.98	SGD	No	1031.54	896.98
SGX	TD	SGX TAIWAN DOLLAR IN US DOLLAR FUTURES (MINI)	TD	2550.35	N/A	2550.35	2217.25	USD	No	2550.35	2217.25
SGX	TSR20	SICOM RUBBER	TF	1229.79	N/A	1229.79	1069.38	USD	No	1229.79	1069.38
SGX	TONA	3 MONTH COMPOUNDED TONA	TONA	43700.00	N/A	43700.00	38000.00	JPY	No	43700.75	38000.00
SGX	SGXTU	SGX THAI BAHT IN US DOLLAR FUTURES	TU	2748.08	N/A	2748.08	2389.64	USD	No	2748.08	2389.64
SGX	TWD	SGX TAIWAN DOLLAR IN US DOLLAR FUTURES (FULL-SIZED)	TWD	7649.98	N/A	7649.98	6651.75	USD	No	7649.98	6651.75
SGX	TWN	FTSE TAIWAN RIC CAPPED PRICE RETURN TWD INDEX	TWN	12688.41	11033.40	18126.30	15762.00	USD	No	18126.30	15762.00
SGX	UC	SGX US DOLLAR IN OFFSHORE CHINESE RENMINBI (CNH)	UC	23170.20	N/A	23170.20	20148	CNH	Yes	23170.20	20148
SGX	UJ	SGX US DOLLAR IN JAPANESE YEN FUTURES (TITAN)	UJ	7130298.24	N/A	7130298.24	6200258.90	JPY	No	7130297.74	6200258.90
SGX	US	SGX US DOLLAR IN SINGAPORE DOLLAR (MINI) FUTURES	US	1585.34	N/A	1585.34	1377.40	SGD	No	1585.34	1377.40
SGX	UY	SGX US DOLLAR IN JAPANESE YEN FUTURES (STANDARD)	UY	1426059.65	N/A	1426059.65	1240051.78	JPY	No	1426059.55	1240051.78
SGX	C52	COMFORTDELGRO CORP LTD	YCDD	1121.65	N/A	1121.65	975.345	SGD	No	1138.94	975.345
SGX	D05	DBS GROUP HOLDINGS LTD	YDBS	6048.51	N/A	6048.51	5259.58	SGD	No	6113.11	5259.58
SGX	G13	GENTING SINGAPORE LTD	YGEN	534.934	N/A	534.934	465.16	SGD	No	541.03	465.165
SGX	BN4	KEPPEL LTD	YKEP	5803.22	N/A	5803.22	5046.28	SGD	No	5845.07	5046.28
SGX	O39	OVERSEA-CHINESE BANKING CORP	YOCB	8372.65	N/A	8372.65	7280.56	SGD	No	8429.74	7280.57
SGX	Z74	SINGAPORE TELECOMMUNICATIONS	YSTT	3710.06	N/A	3710.06	3226.14	SGD	No	3742.63	3226.14
SGX	Y92	THAI BEVERAGE PCL	YTBE	750.639	N/A	750.639	652.73	SGD	No	762.171	652.73
SGX	U11	UNITED OVERSEAS BANK LTD	YUOB	6729.87	N/A	6729.87	5852.06	SGD	No	6788.61	5852.06
SGX	F34	WILMAR INTERNATIONAL LTD	YWIL	3106.09	N/A	3106.09	2700.95	SGD	No	3132.43	2700.95
SGX	BS6	YANGZIJIANG SHIPBUILDING	YYZJ	31829.76	N/A	31829.76	7202.53	SGD	No	8385.60	7202.54
SGX	ZEEL	ZEE ENTERTAINMENT ENTERPRISE	ZZEE	564.167	N/A	564.167	489.716	USD	No	563.173	489.716

ASX24 (SNFE)⁴

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

Exchange SNFE	Underlying	Product description	Trading Class	Intraday Initial¹	Intraday Maintenance¹	Overnight Initial	Overnight Maintenance	Currency	Has Options	Short Overnight Initial	Short Overnight Maintenance
SNFE	SPI	S&P/ASX 200 INDEX (AUSTRALIA)	AP	12642.60	10993.57	18060.86	15705.10	AUD	Yes	18060.86	15705.10
SNFE	IB	30 DAY INTERBANK CASH RATE	IB	653.213	N/A	653.213	568.012	AUD	No	653.213	568.012
SNFE	IR	90 DAY BILLS	IR	5123.75	N/A	5123.75	4455.44	AUD	No	993981.81	4455.44
SNFE	XT	10 YEAR TREASURY BOND 6%	XT	1131.41	N/A	1131.41	983.839	AUD	No	109981.13	983.839
SNFE	YT	3 YEAR TREASURY BOND 6%	YT	471.456	N/A	471.456	409.962	AUD	No	104769.82	409.962

Futures - Intraday Margin Requirements

Intraday Futures Margin and Futures Options Hours

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

Exchange	Symbol	Description	Regular Trading Session Start Time⁴	Regular Trading Session End Time^4,5

Exchange	Symbol	Description	Regular Trading Session Start Time⁴	Regular Trading Session End Time^4,5

Exchange	Symbol	Description	Regular Trading Session Start Time⁴	Regular Trading Session End Time^4,5

Exchange	Symbol	Description	Regular Trading Session Start Time⁵	Regular Trading Session End Time^5,6

Exchange	Symbol	Description	Regular Trading Session Start Time⁴	Regular Trading Session End Time^4,5

Exchange	Symbol	Description	Regular Trading Session Start Time⁴	Regular Trading Session End Time^4,5

Exchange	Symbol	Description	Regular Trading Session Start Time⁴	Regular Trading Session End Time^4,5

Exchange	Symbol	Description	Regular Trading Session Start Time⁴	Regular Trading Session End Time^4,5

Exchange	Symbol	Description	Regular Trading Session Start Time⁴	Regular Trading Session End Time^4,5

Maintenance Margin Minimums

Futures:
50 USD /contract

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

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

Initial Margin Minimums

125% of Maintenance Margin

Notes

4. The times listed in 'Regular Trading Session Start Time' and 'Regular Trading Session End Time' columns are shown in local exchange time.
5. Intraday Margin will end 15 minutes prior to 'Regular Trading Session End Time'.

Risk Margin Overview

What is risk based margining?

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

How are correlated risks offset?

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

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

What are my eligibility requirements?

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

What positions are eligible?

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

Portfolio Margin

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

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

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

Portfolio Margin Eligibility

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

An existing account must have at least USD 110,000 (or USD equivalent) in Net Liquidation Value to be eligible to upgrade to a Portfolio Margin account (in addition to being approved for uncovered option trading). Existing customers may apply for a Portfolio Margin account on the Account Type page in Account Management at any time and your account will be upgraded upon approval. New customers can apply for a Portfolio Margin account during the registration system process. It should be noted that if your account drops below USD 100,000 you will be restricted from doing any margin-increasing trades. Therefore if you do not intend to maintain at least USD 100,000 in your account, you should not apply for a Portfolio Margin account.
New customer accounts requesting Portfolio Margin may take up to 2 business days (under normal business circumstances) to have this capability assigned after initial account approval. It should be noted that if your account is subsequently funded with less than USD 100,000 in Net Liquidation Value (or USD equivalent), you will be restricted from doing any margin-increasing trades until the Net Liquidation Value exceeds USD 100,000. Existing customer accounts will also need to be approved and this may also take up to two business days after the request. Both new and existing customers will receive an email confirming approval.

Those institutions who wish to execute some trades away from us and use us as a prime broker will be required to maintain at least USD 6,000,000 (or USD equivalent).
Customers in Canada are not eligible for Portfolio Margin accounts due to IDA restrictions. In addition, all Canadian stock, stock options, index options, European stock, and Asian stock positions will be calculated under standard rules-based margin rules so Portfolio Margin will not be available for these products.
Non-U.S. Omnibus Broker (Long Position/Short Position) accounts are not eligible for Portfolio Margin accounts.
Accounts reporting equity below the USD 100,000 minimum will be subject to a margin surcharge, the effect of which will be to gradually transition the account to margin levels approximating those of the Reg. T methodology as equity continues to decline.

Portfolio Margin Mechanics

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

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

A standardized stress of the underlying.
- For stock, equity options, narrow based indices and single stock futures, the stress parameter is plus or minus 15%, with eight other points within that range.
- For U.S. market small caps and FINRA market indices the stress parameter is plus 10%, minus 10% as well as eight other points in-between.
- For Broad Based Indices and Growth indices the stress parameter is plus 6%, minus 8% as well as eight other points in-between.

A market-based stress of the underlying based on historical moves in Bloomberg pricing data.
For Broad Based Indices the implied volatility factor is increased 75% and decreased by 75%.
For all other classes, the implied volatility for each options class is increased by 150% and decreased by 150%

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

Classes with large single concentrations will have a margin requirement of 30% applied to the concentrated position.
A USD 0.375 multiplied by the index per contract minimum is computed.

The same special margin requirements for OTCBB, Pink Sheet and low cap stocks that apply under Reg T, will still apply under Portfolio Margin.
Initial margin will be 110% of Maintenance Margin.

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

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

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

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

Additional US Margin Requirements

For Residents of the United States:

Use the following links to view other margin requirements:

Stocks

Options

SSF - Single Stock Futures

Fixed Income

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Futures & FOPs Margin Requirements

Futures and FOPs Margin Overview

US Futures and FOPs Margin Requirements

Futures Margin

Margin Requirements

B3

Euronext Brussels (Belfox)

BURSAMY

Chicago Board Of Trade (CBOT)

Montreal Exchange (CDE)

CBOE Futures Exchange (CFE)

Chicago Mercantile Exchange (CME)

COINDERIV

COMEX

ENDEX

EUREX

Euronext NL (FTA)

Hong Kong Futures Exchange (HKFE)

Intercontinental Exchange (ICEEU)

ICE Agricultural Products (ICEEUSOFT)

ICE Futures US (ICEUS)

Borsa Italiana (IDEM)

Intercontinental Exchange (IPE)

Korea Stock Exchange (KSE)

London Metals Exchange (LMEOTC)

Euronext France (MATIF)

Mercado Espanol de Futuros Finacial Futures & Options Exchange (MEFFRV)

Mexican Derivatives Exchange (MEXDER)

Euronext France (MONEP)

National Stock Exchange of India (NSE)

ICE Futures U.S. (NYBOT)

New York Mercantile Exchange (NYMEX)

New York Stock Exchange/Liffe (NYSE LIFFE)

Nasdaq OMX - Stockholm (OMS)

Osaka Securities Exchange (OSE.JPN)

ICE Futures – Europe (QBALGOIEU)

ICE Futures – US (QBALGOIUS)

Singapore Exchange (SGX)

ASX24 (SNFE)4

Futures - Intraday Margin Requirements

Intraday Futures Margin and Futures Options Hours

Maintenance Margin Minimums

Initial Margin Minimums

Risk Margin Overview

What is risk based margining?

How are correlated risks offset?

What are my eligibility requirements?

What positions are eligible?

Portfolio Margin

Portfolio Margin Eligibility

Portfolio Margin Mechanics

Additional US Margin Requirements

Further Reading

Disclosures

ASX24 (SNFE)⁴