Futures Margin Rates

Due to market volatility, margin rates are subject to change at any time and posted rates may not reflect real-time margin requirements. Information furnished is taken from sources Toroxstream believes are accurate. Toroxstream is not responsible for any errors or omissions. All margin calls must be met on the same day your account incurs the margin call. Margins are subject to change and/or revision at any time without prior notice. Please consult the trade desk about your account status, to request the most current rate, or for any additional questions you might have regarding margin.

Description Symbol Root Initial Margin Maint. Margin Day Trading Rate
Indexes
E-MINI S&P 500 ES $12,100 $11,000 25% of initial
E-MINI MIDCAP 400 EMD $14,850 $13,500 NONE
E-MINI NASDAQ 100 NQ $17,600 $16,000 25% of initial
MINI RUSSELL 2000 (CME) RTY $7,150 $6,500 25% of initial
MINI DOW JONES ($5) YM $9,900 $9,000 25% of initial
MICRO ES MES $1,210 $1,100 25% of initial
MICRO NQ MNQ $1,760 $1,600 25% of initial
MICRO RUSSELL M2K $715 $650 25% of initial
MICRO YM MYM $990 $900 25% of initial
NIKKEI ($ BASED) (CME) NK $8,800 $8,000 NONE
VIX VX $11,000 $10,000 NONE
MINI VOLATILITY INDEX VXM $1,100 $1,000 NONE
CME BITCOIN FUTURES BTC $71,863 $65,330 NONE
CME MICRO BITCOIN FUTURES MBT $1,441 $1,310 NONE
BAKKT BITCOIN MONTHLY FUTURES CONTRACT BTM $15,400 $14,000 NONE
CME ETHEREUM FUTURES ETH $55,308 $50,280 NONE
Eurex
DAX FDAX €29,563 €29,563 NONE
MINI-DAX FDXM €5,912 €5,912 NONE
MICRO-DAX FDXS €1,189 NONE
DJ STOXX 50 INDEX FESX €3,126 €3,126 NONE
MICRO-DJ EURO STOXX 50 INDEX FUTURES FSXE €304 NONE
DJ STOXX 600 BANKS FSTB €786 €786 NONE
DJ STOXX 600 INDST G&S FSTG €3,374 €3,374 NONE
EURO-SCHATZ FGBS €254 €254 NONE
EURO-BOBL FGBM €975 €975 NONE
EURO-BUND FGBL €2,382 €2,382 NONE
EURO-OAT FOAT €2,237 €2,237 NONE
EURO-BUXL FGBX €6,565 €6,565 NONE
DJ STOXX 600 UTILITY FSTU €1,325 €1,325 NONE
EURONEXT LIFFE
FTSE 100 INDEX FUTURES LZ £3,582 £3,261 NONE
THREE MONTH EURO (EURIBOR) INTEREST RATE FUTURES LT2 €149 €135 NONE
THREE MONTH STERLING (SHORT STERLING) INTEREST RATE FUTURES LL £204 £185 NONE
THREE MONTH EURO SWISS FRANC INTEREST RATE FUTURES LF2 CHF 271 CHF 246 NONE
LONG GILT FUTURES LJ £2,420 £2,200 NONE
MEDIUM GILT FUTURES H £1,199 £1,090 NONE
SHORT GILT FUTURES G £858 £780 NONE
LONDON COCOA FUTURES CC3 £1,749 £1,590 NONE
LONDON ROBUSTA COFFEE FUTURES RC $957 $870 NONE
WHITE SUGAR FUTURES CW £1,540 £1,400 NONE
EUA FUTURES ECF £4,400 £4,000 NONE
CURRENCIES (CME)
AUSTRALIAN DLR. AD $1,980 $1,800 50% of initial
BRITISH POUND BP $2,365 $2,150 50% of initial
CANADIAN DLR. CD $1,210 $1,100 50% of initial
EURO CURRENCY EC $2,420 $2,200 50% of initial
JAPANESE YEN JY $2,475 $2,250 50% of initial
MEXICAN PESO MP1 $1,540 $1,400 50% of initial
NEW ZEALAND DLR. NE1 $2,090 $1,900 50% of initial
SWISS FRANC SF $3,630 $3,300 50% of initial
DOLLAR INDEX (ICE) DX $2,090 $1,900 50% of initial
MINI EURO E7 $1,210 $1,100 50% of initial
MINI YEN J7 $1,238 $1,125 50% of initial
E-MICRO AUD/USD M6A $198 $180 NONE
E-MICRO GBP/USD M6B $237 $215 NONE
E-MICRO EUR/USD M6E $242 $220 NONE
INTEREST RATES (CBOT)
30-YR T-BOND US $4,070 $3,700 50% of initial
Ultra 30-YR T-BOND UB $7,920 $7,200 50% of initial
10-YR T-NOTE TY $1,678 $1,525 50% of initial
Ultra 10-YR NOTE TEN $2,695 $2,450 50% of initial
5-YR T-NOTE FV $880 $800 50% of initial
2-YR T-NOTE TU $385 $350 50% of initial
EURODOLLAR (CME) ED $220 $200 NONE
METALS
GOLD (COMEX) GC $9,900 $9,000 50% of initial
SILVER (COMEX) SI $16,500 $15,000 50% of initial
COPPER (COMEX) HG $7,260 $6,600 50% of initial
PALLADIUM (NYMEX) PA $29,700 $27,000 50% of initial
PLATINUM (NYMEX) PL $4,400 $4,000 50% of initial
MICRO GOLD (COMEX) MGC $990 $900 50% of initial
E-MICRO SILVER (COMEX) SIL $3,300 $3,000 50% of initial
MINI GOLD (ICE) YG $2,286 $2,078 NONE
MINI SILVER (ICE) YI $2,891 $2,628 NONE
ENERGIES
CRUDE OIL (NYMEX) CL $5,830 $5,300 50% of initial
NATURAL GAS (NYMEX) NG $2,255 $2,050 50% of initial
HEATING OIL (NYMEX) HO $5,638 $5,125 50% of initial
RBOB GASOLINE (NYMEX) RB $6,710 $6,100 50% of initial
BRENT CRUDE OIL (ICE) BRN $6,039 $5,490 50% of initial
LOW SULPHUR GASOIL (ICE) ULS $4,085 $3,714 NONE
E-MINY CRUDE OIL (NYMEX) QM $2,915 $2,650 50% of initial
E-MINY NATURAL GAS (NYMEX) QN $564 $513 50% of initial
E-MINY HEATING OIL (NYMEX) QH $2,819 $2,563 50% of initial
E-MINY RBOB GASOLINE (NYMEX) QU $3,355 $3,050 50% of initial
AGRICULTURE (CBOT)
WHEAT W $2,530 $2,300 NONE
HARD RD WINTER WHEAT KW $2,585 $2,350 NONE
CORN C $2,338 $2,125 NONE
OATS O $990 $900 NONE
SOYBEANS S $4,510 $4,100 NONE
SOYBEAN OIL BO $2,530 $2,300 NONE
SOYBEAN MEAL SM $3,300 $3,000 NONE
ROUGH RICE RR $1,815 $1,650 NONE
MILK (CME) DA $1,650 $1,500 NONE
BUTTER (CME) CB $1,320 $1,200 NONE
MINI WHEAT YW $506 $460 NONE
MINI CORN YC $468 $425 NONE
MINI SOYBEANS YK $902 $820 NONE
MEATS (CME)
LEAN HOGS LH $1,980 $1,800 NONE
LIVE CATTLE LC $1,760 $1,600 NONE
FEEDER CATTLE FC $3,190 $2,900 NONE
SOFTS (ICE)
COFFEE KC $4,455 $4,050 NONE
COTTON CT $2,915 $2,650 NONE
FROZEN OJ OJ $1,386 $1,260 NONE
COCOA CC $2,090 $1,900 NONE
SUGAR #11 SB $1,047 $952 NONE
OTHER
LUMBER (CME) LB $9,900 $9,000 150% of initial

Additional Notes for Clients Using the Reduced Intraday Margin Rate

The day trade rate is valid from 8:00 a.m. until 4 p.m. ET Monday through Friday, for U.S. Equity Index Futures, as well as select Currency, Energy, Metals, and Interest Rate contracts. A stop order is required at all times risking no more than half of the day trade rate. Example: E-mini S&P initial margin is $13,200. The day trade rate would be one quarter, $3,300. A stop risking no more than half (in dollar terms) would risk approximately $1,650. This equates to about 33 points, or 33 dollars in the ES index, and that would be the maximum stop allowed. Clients must be above initial overnight margin or out of their positions before the day trade rate ends. Please consult the trade desk for additional details.

SPAN margins may be applied. Margins required may vary from the published rates.

By trading on margin (sometimes also referred to as “leveraging” or “gearing”) in your futures account, you acknowledge and agree that Toroxstream may, in its sole discretion, and without prior notice to you, and at any time, impose a margin call and liquidate your account, in whole or part, to meet such margin call and otherwise satisfy or offset any debit item or debit balance, or decrease or eliminate leveraging, in your account. You further acknowledge and agree that Toroxstream may, in its sole discretion, and without notice to you, liquidate any delivery month contract in your account to prevent or minimize the risk of delivery, and that such liquidation may occur five or more days, depending on the contract and Toroxstream’s subjective evaluation of risk, prior to the delivery date.

Futures’ trading is not suitable for all investors and involves the risk of loss. The risk of loss in futures can be substantial. You should, therefore, carefully consider whether such trading is suitable for your financial condition. No statement within this webpage should be construed as a recommendation to buy or sell a futures contract or as investment advice.

The regular risks associated with trading commodity futures contracts also apply to the trading of Bitcoin futures. These risks can be viewed at the following link: https://www.Toroxstream.com/important-information/. Customers choosing to trade Bitcoin futures should consider additional significant risks including, but not limited to: (a) Bitcoin futures contracts have  a limited history of trading on  U.S.-regulated futures exchanges ; (b) The price of the underlying Bitcoin and the indexes on which the futures contracts are based are highly volatile and unpredictable based on many factors; (c) Since a limited number of futures commissions merchants may offer trading in the Bitcoin futures contracts, there might be limited volume that might impact market efficiencies and price movements; and (d) The risk of loss can be substantial and could result in a customer losing more than the initial or maintenance margin requirement.  As such, each customer should conduct his or her own due diligence prior to make a decision to trade in these products.  See the link below from the National Futures Association for more information.