Speculative Margin Sheet

 

Margin sheets are updated regularly, and are provided as a quick indication of current margins, however in times of volatility margins can change quickly and it is prudent to check with your account executive for the latest rates. Day trade margins are usually 50% of the overnight rate.
 

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  Description Exchange Margin Currency Day Margin Overnight Margin 
  CBOT SOYBEANS CBT USD 3300.00 6600.00 
  CBOT SOYBEAN OIL CBT USD 1260.00 2520.00 
  CBOT SOYABEAN MEAL CBT USD 2000.00 4000.00 
  CBOT DENATURED ETHANOL CBT USD 3622.50 7245.00 
  CBOT CORN CBT USD 1248.00 2496.00 
  CBOT $25 BIG DOW CBT USD 30030.00 60060.00 
  CBOT D J IND AV (DJIA) CBT USD 12012.00 24024.00 
  CBOT 10YR AGENCY NOTES CBT USD 49.88 99.75 
  OTC ETHANOL FWD MTH SWP CBT USD 3000.00 6000.00 
  CBOT TREASURY BONDS CBT USD 2688.00 5376.00 
  CBOT 5YR INT RATE SWAP CBT USD 1716.00 3432.00 
  CBT DJ AIG IND EX/RET CBT USD 1282.50 2565.00 
  CBOT OATS CBT USD 800.00 1600.00 
  CBOT ROUGH RICE CBT USD 1318.75 2637.50 
  CBOT MINI DOW IND AV($5) CBT USD 3250.00 6500.00 
  CBOT WHEAT CBT USD 1700.00 3400.00 
  CBOT MINI CORN CBT USD 249.60 499.20 
  CBOT MINI EURODOLLAR CBT USD 168.75 337.50 
  CBOT MINI SOYABEANS CBT USD 660.00 1320.00 
  CBOT MINI WHEAT CBT USD 340.00 680.00 
  CBOT 10YR TREASURY NOTES CBT USD 1935.00 3870.00 
  CBOT 2YR TREASURY NOTES CBT USD 860.00 1720.00 
  CBOT 30DAY FED FUNDS FUT CBT USD 607.50 1215.00 
  CBOT 5YR TREASURY NOTES CBT USD 1115.00 2230.00 
  CBOT 3YR TREASURY NOTES CBT USD 860.00 1720.00 
  S&P SMALLCAP 600 FUT CME USD 14300.00 28600.00 
  PIMCO CRR TRAKRS INDEX CME USD 50.00 100.00 
  IMM EURO/JAPANESE YEN CME JPY 875000.00 1750000.00 
  CME S&P 500/BARRA GROWTH CME USD 9545.00 19090.00 
  CME EURO/BRIT POUND CME GBP 3900.00 7800.00 
  CME S&P 500/BARRA VALUE CME USD 10670.00 21340.00 
  CME E-MINI NASDAQ 100 CME USD 1904.00 3808.00 
  E-MINI EURODOLLAR FUTURE CME USD 5737.50 11475.00 
  CME JAP GOVT BOND 10YR CME JPY 207330.00 414660.00 
  CME ROGERS CMMDTY TRAKRS CME USD 50.00 100.00 
  CME EURO/SWISS FRANC CME CHF 2837.50 5675.00 
  CME ISRAELI SHEKEL CME USD 9000.00 18000.00 
  CME S&P 500 CME USD 20475.00 40950.00 
  CME S&P MIDCAP 400 INDEX CME USD 33000.00 66000.00 
  CME LUMBER (110000 B/Ft) CME USD 1237.50 2475.00 
  EMINI MSCI EM MA NDX FUT CME USD 11812.50 23625.00 
  CME 90DAY EURODOLLAR CME USD 573.75 1147.50 
  CME CHF/JPY CME JPY 862500.00 1725000.00 
  CME E-MINI S&P ASIA 50 CME USD 5625.00 11250.00 
  CME E-MINI NASDAQ COMP CME USD 3200.00 6400.00 
  CME SOUTH AFRICAN RAND CME USD 2955.00 5910.00 
  CME CHINESE RENMINBI/USD CME USD 1350.00 2700.00 
  CME RUSSIAN ROUBLE CME USD 7740.00 15480.00 
  CME PORK BELLIES (40000) CME USD 1380.00 2760.00 
  CME SWISS FRANC CME USD 3177.50 6355.00 
  CME POLISH ZLOTY CME USD 7000.00 14000.00 
  CME GBP/CHF CME CHF 11500.00 23000.00 
  CME GBP/JPY CME JPY 1625000.00 3250000.00 
  CME NIKKEI 225 INDEX CME JPY 500000.00 1000000.00 
  CME NIKKEI 225 INDEX USD CME USD 4475.00 8950.00 
  CME NEW ZEALAND DOLLAR CME USD 1880.00 3760.00 
  CME BRAZILIAN REAL CME USD 2450.00 4900.00 
  CME BRIT POUND (#62500) CME USD 2310.00 4620.00 
  CME CASH SETTLED BUTTER CME USD 872.00 1744.00 
  CME EUR/AUD CME AUD 9975.00 19950.00 
  CME CANADIAN DOLLAR CME USD 1746.00 3492.00 
  CME JAPANESE YEN CME USD 3450.00 6900.00 
  CME EUR/SEK CME SEK 42500.00 85000.00 
  CME CAT MONTH LONDON CME GBP 356.25 712.50 
  CME CAT MONTH PARIS CME GBP 361.50 723.00 
  CME CAT MONTH AMSTERDAM CME GBP 348.00 696.00 
  CME CAT MONTH BERLIN CME GBP 336.75 673.50 
  CME CAT MONTH STOCKHOLM CME GBP 299.25 598.50 
  CME GSCI EXCESS RETURN CME USD 4300.00 8600.00 
  CME GOLDMAN SACHS INDEX CME USD 12112.50 24225.00 
  CME EUROZONE HICP FUTS CME EUR 2000.00 4000.00 
  CME 1 MONTH LIBOR CME USD 876.00 1752.00 
  CME LIVE CATTLE CME USD 1260.00 2520.00 
  CME LEAN HOGS CME USD 1144.50 2289.00 
  E-MICRO AUD/USD FUT CME USD 250.00 500.00 
  E-MICRO GBP/USD FUT CME USD 200.00 400.00 
  E-MICRO USD/CAD FUT CME CAD 420.00 840.00 
  E-MICRO EUR/USD FUT CME USD 350.00 700.00 
  E-MICRO USD/JPY FUT CME JPY 27000.00 54000.00 
  E-MICRO USD/CHF FUT CME CHF 380.00 760.00 
  CMP MEXICAN PESOS CME USD 2700.00 5400.00 
  CME NASDAQ 100 INDEX CME USD 9520.00 19040.00 
  CME $INDEX CME USD 1309.00 2618.00 
  CME EURO CME USD 3850.00 7700.00 
  CME EUR/CAD CME CAD 4500.00 9000.00 
  CME EUR/NOK CME NOK 44200.00 88400.00 
  CME EURO CURRENCY TRAKRS CME USD 50.00 100.00 
  EMINI MSCI EAFE INDX FUT CME USD 8000.00 16000.00 
  CME MINI JAPANESE YEN CME USD 1725.00 3450.00 
  CME EURO YEN LIBOR CME JPY 41623.75 83247.50 
  CME EMINI S&P MIDCAP400 CME USD 6600.00 13200.00 
  E-MINI S&P SMALLCAP 600 CME USD 2860.00 5720.00 
  CME EURO/POLISH ZLOTY CME EUR 7500.00 15000.00 
  CME MINI S&P 500 CME USD 4095.00 8190.00 
  CME E-MINI EURO CME USD 1925.00 3850.00 
  CME EURO YEN (TIBOR) CME JPY 41623.75 83247.50 
  CME FEEDER CATTLE 50000 CME USD 1720.00 3440.00 
  CME HUNGARIAN FORINT CME USD 6000.00 12000.00 
  EMINI FTSE/XINHUA INDEX CME USD 11000.00 22000.00 
  CME CAD/JPY CME JPY 1062500.00 2125000.00 
  CME CZECH KORUNA CME USD 7760.00 15520.00 
  CME HDD MONTH LONDON CME GBP 493.50 987.00 
  CME HDD MONTH PARIS CME GBP 513.00 1026.00 
  CME HDD MONTH AMSTERDAM CME GBP 633.00 1266.00 
  CME HDD MONTH BERLIN CME GBP 658.50 1317.00 
  CME HDD MONTH STOCKHOLM CME GBP 721.50 1443.00 
  CME MILK CLASS III CME USD 675.00 1350.00 
  CME AUD/CAD CME CAD 5720.00 11440.00 
  CME AUD/JPY CME JPY 950000.00 1900000.00 
  CME AUD/NZD CME NZD 7300.00 14600.00 
  CME AUSTRALIAN DOLLAR CME USD 2775.00 5550.00 
  CME TRSY BILLS 13 WK CME USD 396.00 792.00 
  CME CAT SEASON PARIS CME GBP 0.00 0.00 
  CME CAT SEASON AMSTERDAM CME GBP 0.00 0.00 
  CME CAT SEASON BERLIN CME GBP 1060.50 2121.00 
  CME CAT SEASON STOCKHOLM CME GBP 0.00 0.00 
  COMEX ALUMINIUM COMX USD 1518.75 3037.50 
  COMEX SILVER COMX USD 4860.00 9720.00 
  COMEX COPPER HIGH GRADE COMX USD 3881.25 7762.50 
  COMEX GOLD COMX USD 3239.19 6478.38 
  ASIAN GOLD COMX USD 963.75 1927.50 
  COMEX MINY COPPER COMX USD 2156.25 4312.50 
  COMEX MINY SILVER COMX USD 2430.00 4860.00 
  COMEX MINY GOLD COMX USD 1619.19 3238.38 
  NEW YORK SUGAR NO. 14 CSCE USD 1350.00 2700.00 
  NEW YORK COCOA CSCE USD 1371.50 2743.00 
  NEW YORK COFFEE CSCE USD 2943.00 5886.00 
  NEW YORK SUGAR NO. 11 CSCE USD 751.50 1503.00 
  IMM NORWEGIAN KRONE IMM USD 22400.00 44800.00 
  IMM SWEDISH KRONE IMM USD 20800.00 41600.00 
  IPE GAS OIL PHYSICAL IPE USD 0.00 0.00 
  NBP NATURAL GAS DAILY IPE GBP 57.00 114.00 
  NBP NATURAL GAS MONTHLY IPE GBP 1800.00 3600.00 
  ICE GAS OIL IPE USD 3240.00 6480.00 
  ICE BRENT CRUDE OIL IPE USD 3712.80 7425.60 
  ECX CARBON FINANCIAL FUT IPE EUR 1120.00 2240.00 
  KANSAS CITY WHEAT KCBT USD 2000.00 4000.00 
  CAC40 INDEX FUTURE LIFE EUR 1994.30 3988.60 
  LIFFE USD 2 YEAR SWAPNTE LIFE USD 1250.00 2500.00 
  3 MONTH EONIA FUT SWAP LIFE EUR 437.50 875.00 
  LIFFE EUROYEN LIFE JPY 14375.00 28750.00 
  LIFFE FTSE EUROTOP 300 LIFE EUR 1161.50 2323.00 
  LIFFE FTSE 100 LIFE GBP 2252.25 4504.50 
  LIFFE 2 YEAR SWAPNOTE LIFE EUR 275.00 550.00 
  LIFFE MSCI EURO INDEX LIFE EUR 1306.40 2612.80 
  LIFFE USD 5 YEAR SWAPNTE LIFE USD 1500.00 3000.00 
  LIFFE USD 10 YEAR SWAPNT LIFE USD 4500.00 9000.00 
  LIFFE MSCI PAN EURO INDX LIFE EUR 1246.60 2493.20 
  LIFFE JAPANESE GOVT BOND LIFE JPY 585000.00 1170000.00 
  LIFFE 3M EURODOLLAR LIFE USD 961.88 1923.75 
  LIFFE 10 YEAR SWAPNOTE LIFE EUR 1250.00 2500.00 
  LIFFE 5 YEAR SWAPNOTE LIFE EUR 725.00 1450.00 
  LIFFE 3M EURO (EURIBOR) LIFE EUR 639.00 1278.00 
  LIFFE FT-SE 250 LIFE GBP 6831.25 13662.50 
  LIFFE 3M EURO SWISS I/R LIFE CHF 375.00 750.00 
  LIFFE EUROTOP 100 INDEX LIFE EUR 3392.50 6785.00 
  LIFFE SHORT STG INT RATE LIFE GBP 275.00 550.00 
  LIFFE 10 YEAR GILT LIFE GBP 2500.00 5000.00 
  1 MONTH EONIA INDEX CTRT LIFE EUR 490.00 980.00 
  LIFE FTSEUROFIRST 80 FUT LIFE EUR 3001.50 6003.00 
  LIFE FTSEUROFIRST100 FUT LIFE EUR 2599.00 5198.00 
  LME LEAD (USD) LME USD 2500.00 5000.00 
  FERROUS FAR EAST LME USD 1950.00 3900.00 
  FERROUD MEDITERRANEAN LME USD 1950.00 3900.00 
  LME NICKEL (GBP) LME GBP 3457.41 6914.82 
  LME ALUMINIUM (YEN) LME JPY 180287.50 360575.00 
  LME ALUMINIUM ALLOY (GBP LME GBP 667.20 1334.40 
  LME ALUMINIUM ALLOY (USD LME USD 1100.00 2200.00 
  LME ALUMINIUM ALLOY EURO LME EUR 776.20 1552.40 
  ALUMINIUM ALLOY YEN LME JPY 105770.00 211540.00 
  LME HI GD ALUMINIUM USD LME USD 1875.00 3750.00 
  LME HI GD ALUMINIUM EUR LME EUR 1323.00 2646.00 
  LME ALUMINIUM (GBP) LME GBP 1137.38 2274.75 
  LME COPPER - YEN LME JPY 661062.50 1322125.00 
  LME COPPER (USD) LME USD 6874.88 13749.75 
  LDN COPPER 3M AV ASIAN LME USD 6875.00 13750.00 
  SPECIAL HI GRD ZINC -USD LME USD 4750.00 9500.00 
  LME TIN (STG) LME GBP 2274.60 4549.20 
  LME TIN (YEN) LME JPY 360575.00 721150.00 
  LME LINEAR LOW DEN POLY. LME USD 1190.40 2380.80 
  LLDPE ASIA GBP LME GBP 722.05 1444.10 
  LLDPE EUROPE GBP LME GBP 722.05 1444.10 
  LLDPE NORTH AMERICA USD LME USD 1190.40 2380.80 
  LLDPE NTH AMERICAN EURO LME EUR 839.98 1679.95 
  LLDPE NORTH AMERICA GBP LME GBP 722.05 1444.10 
  LLDPE NORTH AMERICA YEN LME JPY 114233.63 228467.25 
  LLDPE EUROPE EURO LME EUR 839.98 1679.95 
  LME ZINC (YEN) LME JPY 228362.50 456725.00 
  POLYPROPYLENE ASIA USD LME USD 1190.40 2380.80 
  POLYPROPYLENE ASIA EURO LME EUR 839.98 1679.95 
  POLYPROPYLENE ASIA GBP LME GBP 722.05 1444.10 
  LME LEAD (YEN) LME JPY 240387.50 480775.00 
  POLYPROPYLENE EUROP EURO LME EUR 839.98 1679.95 
  POLYPROPYLENE EUROPE GBP LME GBP 722.05 1444.10 
  POLYPROPYLENE EUROPE YEN LME JPY 114233.63 228467.25 
  POLYPROPYLENE NTH AM USD LME USD 1190.40 2380.80 
  POLYPROPYLENE NTH AM EUR LME EUR 839.98 1679.95 
  POLYPROPYLENE NTH AM GBP LME GBP 722.05 1444.10 
  POLYPROPYLENE EUROPE USD LME USD 1190.40 2380.80 
  LLDPE ASIA USD LME USD 1190.40 2380.80 
  LLDPE ASIA EURO LME EUR 839.98 1679.95 
  LLDPE ASIA YEN LME JPY 114233.63 228467.25 
  LLDPE EUROPE USD LME USD 1190.40 2380.80 
  LLDPE EUROPE YEN LME JPY 114233.63 228467.25 
  POLYPROPYLENE NTH AM YEN LME JPY 114233.63 228467.25 
  LME NICKEL (USD) LME USD 5699.94 11399.88 
  LME NICKEL (YEN) LME JPY 548073.00 1096146.00 
  POLYPROPYLENE ASIA YEN LME JPY 114233.63 228467.25 
  LME NASAAC (USD) LME USD 1200.00 2400.00 
  LME NASAAC (EURO) LME EUR 846.70 1693.40 
  LME NASAAC (GBP) LME GBP 727.90 1455.80 
  LME NICKEL (EURO) LME EUR 4021.95 8043.90 
  LME SP HI GRD ZINC (USD) LME USD 2375.00 4750.00 
  LME NASAAC (YEN) LME JPY 115380.00 230760.00 
  LME TIN (EURO) LME EUR 2646.05 5292.10 
  LME POLYPROPYLENE LME USD 1190.40 2380.80 
  LME TIN (USD) LME USD 3749.98 7499.95 
  LME SP HI GRD ZINC EURO LME EUR 1675.88 3351.75 
  LME ZINC (GBP) LME GBP 1440.63 2881.25 
  LME LEAD (EURO) LME EUR 1764.00 3528.00 
  LME LEAD (GBP) LME GBP 1516.50 3033.00 
  EUROPEAN RAPESEED (EUR) MATF EUR 1006.25 2012.50 
  MATIF MILLING WHEAT MATF EUR 300.00 600.00 
  MATIF EURO NOTIONAL 10YR MATF EUR 750.00 1500.00 
  MATIF CORN MATF EUR 850.00 1700.00 
  FTSE EPRA NAREIT EUR IX MONP EUR 1200.00 2400.00 
  GNI LONDON FX DESK MONP USD 0.00 0.00 
  FTSE EUROFIRST80 MONP EUR 3680.00 7360.00 
  FTSE EUROFIRST80 MONP EUR 3680.00 7360.00 
  FTSE EUROFIRST100 MONP EUR 2990.00 5980.00 
  ST MICROELECTRONICS MONP EUR 217.50 435.00 
  MONEP CAC 40 (10 EURO) MONP EUR 1750.00 3500.00 
  FCOJ - A NYCE USD 920.50 1841.00 
  NEW YORK COTTON NYCE USD 1425.00 2850.00 
  ARGUS BIO RME FOB RDAM NYME USD 6000.00 12000.00 
  BRENT CFD PLATTS V FRONT NYME USD 1500.00 3000.00 
  DME OMAN CRUDE OIL NYME USD 5625.00 11250.00 
  NATURAL GAS (LAST DAY) NYME USD 3527.50 7055.00 
  NYMEX E-MINI NATURAL GAS NYME USD 881.46 1762.92 
  NYMEX E-MINI CRUDE OIL NYME USD 2415.00 4830.00 
  NYMEX PROPANE NYME USD 3428.75 6857.50 
  HEAT OIL CRACK SPREAD OP NYME USD 600.00 1200.00 
  HEAT OIL CRACK SPREAD OP NYME USD 405.00 810.00 
  NYMEX HENRY HUB NAT GAS NYME USD 3527.50 7055.00 
  NYMEX NATURAL GAS NYME USD 3527.50 7055.00 
  RBOB GAS BALMO CAL SWAP NYME USD 5000.00 10000.00 
  ULSD UPDOWN BALMO CAL SW NYME USD 1500.00 3000.00 
  NATURAL GAS(PENULTIMATE) NYME USD 3527.50 7055.00 
  NYMEX SING 380 FUEL OIL NYME USD 5000.00 10000.00 
  NYME LIGHT CRUDE OIL NYME USD 4312.50 8625.00 
  ASIAN PLATINUM NYME USD 1084.50 2169.00 
  NYMEX MINY HEATING OIL NYME USD 2520.00 5040.00 
  ASIAN PALLADIUM NYME USD 330.75 661.50 
  NYMEX MINY GASOLINE NYME USD 2310.00 4620.00 
  CIN HUB5 MW RELTIM OFFPK NYME USD 8.00 16.00 
  CIN HUB5 DAYAHEAD OFFPK NYME USD 8.00 16.00 
  DME OMAN CRUDE OIL FIN NYME USD 5625.00 11250.00 
  1% FO NWE CRK SPR SWP NYME USD 2700.00 5400.00 
  MIDWEST HOT ROLLED STEEL NYME USD 855.00 1710.00 
  NYME PALLADIUM NYME USD 2530.00 5060.00 
  NYME PLATINUM NYME USD 4590.00 9180.00 
  NYME NO2 HEATING OIL NYME USD 5040.00 10080.00 
  FTSE/MIB MINI FUTURES SIF EUR 1648.20 3296.40 

  All margin calls must be met on the same day that the call is made. If an Order Specialist is unable to contact you on the telephone number that you have provided, we will offset a proportion of your position or all of it. This will ensure that any remaining positions are fully margined. A Margin Call must be answered with a Wire Transfer. A personal cheque or cash cannot be accepted. Delivery Month Margins become effective on either the first business day or when the contract becomes the front traded month or when a trading limit is removed from the contract, whichever event precedes the other. For the offsetting of positions, this is done on "a first in, first out basis." The exception to this rule is when a contract that is entered today is the same as another one that is already held. In this situation, today's new trade will be the first to be offset. If a Client holds two accounts, the Client cannot be long and short of identical futures contracts in the two different accounts simultaneously unless the "spread" is considered to be a day trade only.

The information contained herein was provided by sources which we believe to be accurate and reliable. MF Global UK Ltd. makes no guarantees explicit or implied as to its accuracy. Margins are subject to change without notice. Contact your MF Global Direct Order Specialist or Account Executive for the latest information. Margin calls will be verbal only and must be satisfied by wire transfer or banker's draft. Large positions concentrated in a single market may be subject to higher margin requirements. MF Global Direct reserves the right to verify all orders entered during the night before they are executed. Past performance is no guarantee of future results and will not necessarily be repeated. Seasonal trades merely attempt to identify a seasonal tendency and should not be construed as an offer or solicitation to buy or sell any investment. Your investment may be affected by exchange rate variations. Trading futures involves the risk of loss. You may lose more than the amount originally invested and you may have to pay more later. You should not invest in such products unless satisfied that they are suitable for you. MF Global Direct or its associates may have already undertaken or may in future undertake an own account transaction in respect of any future. MF Global Direct or its associates may have a position or holding in the product concerned or in a related product and has or may have a material interest in such products. The market opinions and recommendations expressed herein are those of MF Global Direct and are not necessarily those of any other entity within MF Global Ltd. The above figures do not allow for brokerage or slippage on entry or exit. MF Global Direct is a trading name of MF Global UK Ltd., which is authorised and regulated by the Financial Services Authority for futures trading.

Please note: If your account is on margin call from the previous day's close of business, day trade initial margins are not available.

 


Futures, CFD, Margined Foreign Exchange trading and Spread Betting carries a high level of risk to your capital. A key risk of leveraged trading is that if a position moves against you, the customer, you can incur additional liabilities far in excess of your initial margin deposit. Only speculate with money you can afford to lose. Futures, CFD, Margined Foreign Exchange trading and Spread Betting may not be suitable for all customers, therefore ensure you fully understand the risks involved and seek independent financial advice if necessary.

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E-mail: trading@mfglobal.com. MF Global Direct is a trading name of MF Global UK Limited which is authorised and regulated by the Financial Services Authority. Registered in England No. 1600658. All information is subject to the terms of THIS DISCLAIMER. Copyright © MF Global Limited. All Rights Reserved.