IMPORTANT NOTICE TO ALL CLIENTS - Please click here

 

Futures Margins
 

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.

Keyword Search:

 
  Description Exchange Margin Currency Day Margin Overnight Margin 
  CBOT DENATURED ETHANOL CBT USD 4968.00 9936.00 
  CBT BINARY FED FUNDS OPT CBT USD 0.00 0.00 
  CBT DJ AIG IND EX/RET CBT USD 1140.00 2280.00 
  CBOT TREASURY BONDS CBT USD 2268.00 4536.00 
  CBOT $25 BIG DOW CBT USD 31762.50 63525.00 
  CBOT D J IND AV (DJIA) CBT USD 12705.00 25410.00 
  CBOT CORN CBT USD 1560.00 3120.00 
  OTC ETHANOL FWD MTH SWP CBT USD 3600.00 7200.00 
  CBOT 30DAY FED FUNDS FUT CBT USD 843.75 1687.50 
  CBOT OATS CBT USD 1000.00 2000.00 
  CBOT 5YR INT RATE SWAP CBT USD 2730.00 5460.00 
  CBOT ROUGH RICE CBT USD 1899.00 3798.00 
  CBOT SOYBEANS CBT USD 3850.00 7700.00 
  CBOT SOYABEAN MEAL CBT USD 2000.00 4000.00 
  CBOT SOYBEAN OIL CBT USD 1260.00 2520.00 
  CBOT WHEAT CBT USD 2125.00 4250.00 
  CBOT MINI CORN CBT USD 312.00 624.00 
  CBOT MINI EURODOLLAR CBT USD 0.00 0.00 
  CBOT MINI SOYABEANS CBT USD 770.00 1540.00 
  CBOT MINI DOW IND AV($5) CBT USD 6352.50 12705.00 
  CBOT MINI WHEAT CBT USD 425.00 850.00 
  CBOT 5YR TREASURY NOTES CBT USD 1895.50 3791.00 
  CBOT 10YR TREASURY NOTES CBT USD 2365.00 4730.00 
  CBOT 2YR TREASURY NOTES CBT USD 1827.50 3655.00 
  S&P SMALLCAP 600 FUT CME USD 14300.00 28600.00 
  CME S&P 500 CME USD 22522.50 45045.00 
  CME S&P MIDCAP 400 INDEX CME USD 36300.00 72600.00 
  CME TRSY BILLS 13 WK CME USD 396.00 792.00 
  CME CAT SEASON BERLIN CME GBP 711.75 1423.50 
  E-MINI EURODOLLAR FUTURE CME USD 7425.00 14850.00 
  CME E-MINI S&P ASIA 50 CME USD 5625.00 11250.00 
  CME S&P 500/BARRA VALUE CME USD 12125.00 24250.00 
  CME SWISS FRANC CME USD 2972.50 5945.00 
  CME S&P 500/BARRA GROWTH CME USD 10167.50 20335.00 
  CME CHF/JPY CME JPY 920000.00 1840000.00 
  CME RUSSIAN ROUBLE CME USD 6192.00 12384.00 
  IMM EURO/JAPANESE YEN CME JPY 1000000.00 2000000.00 
  CME 10YR SWAP FUTURE CME USD 2196.00 4392.00 
  CME 2YR SWAP FUTURE CME USD 7805.00 15610.00 
  CME 5YR SWAP FUTURE CME USD 4571.50 9143.00 
  CME NIKKEI 225 INDEX CME JPY 500000.00 1000000.00 
  CME NIKKEI 225 INDEX USD CME USD 4475.00 8950.00 
  CME E-MINI NASDAQ 100 CME USD 2176.00 4352.00 
  CME NEW ZEALAND DOLLAR CME USD 2538.00 5076.00 
  CME 90DAY EURODOLLAR CME USD 742.50 1485.00 
  CME PORK BELLIES (40000) CME USD 1610.00 3220.00 
  PIMCO CRR TRAKRS INDEX CME USD 50.00 100.00 
  CME POLISH ZLOTY CME USD 10000.00 20000.00 
  CME E-MINI NASDAQ COMP CME USD 3600.00 7200.00 
  CME SOUTH AFRICAN RAND CME USD 4432.50 8865.00 
  CME ROGERS CMMDTY TRAKRS CME USD 50.00 100.00 
  CME EURO/SWISS FRANC CME CHF 3745.50 7491.00 
  CME CHINESE RENMINBI/USD CME USD 1350.00 2700.00 
  CME EURO/BRIT POUND CME GBP 2990.00 5980.00 
  CME ISRAELI SHEKEL CME USD 9000.00 18000.00 
  CME JAP GOVT BOND 10YR CME JPY 209085.00 418170.00 
  CME JAPANESE YEN CME USD 5175.00 10350.00 
  CME EUR/SEK CME SEK 23750.00 47500.00 
  CME 1 MONTH LIBOR CME USD 1460.00 2920.00 
  CME LIVE CATTLE CME USD 1890.00 3780.00 
  CME LEAN HOGS CME USD 1090.00 2180.00 
  CME LUMBER (110000 B/Ft) CME USD 1237.50 2475.00 
  CMP MEXICAN PESOS CME USD 3240.00 6480.00 
  CME NASDAQ 100 INDEX CME USD 10880.00 21760.00 
  CME CAT MONTH LONDON CME GBP 234.75 469.50 
  CME CAT MONTH PARIS CME GBP 254.25 508.50 
  CME CAT MONTH AMSTERDAM CME GBP 222.75 445.50 
  CME CAT MONTH BERLIN CME GBP 222.75 445.50 
  CME CAT MONTH STOCKHOLM CME GBP 156.75 313.50 
  CME GSCI EXCESS RETURN CME USD 4800.00 9600.00 
  CME GOLDMAN SACHS INDEX CME USD 18525.00 37050.00 
  CME EUROZONE HICP FUTS CME EUR 2000.00 4000.00 
  CME CAD/JPY CME JPY 137500.00 275000.00 
  CME CZECH KORUNA CME USD 8342.00 16684.00 
  CME HDD MONTH LONDON CME GBP 226.50 453.00 
  CME HDD MONTH PARIS CME GBP 258.00 516.00 
  CME HDD MONTH AMSTERDAM CME GBP 297.75 595.50 
  CME HDD MONTH BERLIN CME GBP 280.50 561.00 
  CME HDD MONTH STOCKHOLM CME GBP 295.50 591.00 
  CME MILK CLASS III CME USD 877.50 1755.00 
  CME $INDEX CME USD 1309.00 2618.00 
  CME EURO CME USD 4950.00 9900.00 
  CME EUR/CAD CME CAD 5300.00 10600.00 
  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 9000.00 18000.00 
  CME MINI JAPANESE YEN CME USD 2587.50 5175.00 
  CME EURO YEN LIBOR CME JPY 37275.00 74550.00 
  CME EMINI S&P MIDCAP400 CME USD 7260.00 14520.00 
  EMINI MSCI EM MA NDX FUT CME USD 11812.50 23625.00 
  E-MINI S&P SMALLCAP 600 CME USD 2860.00 5720.00 
  CME EURO/POLISH ZLOTY CME EUR 7350.00 14700.00 
  CME MINI S&P 500 CME USD 4504.50 9009.00 
  CME E-MINI EURO CME USD 2475.00 4950.00 
  CME EURO YEN (TIBOR) CME JPY 37275.00 74550.00 
  CME FEEDER CATTLE 50000 CME USD 2580.00 5160.00 
  EMINI FTSE/XINHUA INDEX CME USD 11000.00 22000.00 
  CME BRAZILIAN REAL CME USD 2450.00 4900.00 
  CME BRIT POUND (#62500) CME USD 3927.00 7854.00 
  CME CASH SETTLED BUTTER CME USD 654.00 1308.00 
  CME EUR/AUD CME AUD 21280.00 42560.00 
  CME CANADIAN DOLLAR CME USD 3201.00 6402.00 
  CME GBP/CHF CME CHF 8000.00 16000.00 
  CME GBP/JPY CME JPY 162500.00 325000.00 
  CME AUD/CAD CME CAD 8944.00 17888.00 
  CME AUD/JPY CME JPY 114000.00 228000.00 
  CME AUD/NZD CME NZD 10366.00 20732.00 
  CME AUSTRALIAN DOLLAR CME USD 5217.00 10434.00 
  COMEX SILVER COMX USD 5184.00 10368.00 
  COMEX ALUMINIUM COMX USD 1518.75 3037.50 
  COMEX COPPER HIGH GRADE COMX USD 3881.25 7762.50 
  NEW YORK COPPER COMX USD 3881.50 7763.00 
  COMEX GOLD COMX USD 3484.62 6969.24 
  COMEX MINY COPPER COMX USD 2156.25 4312.50 
  COMEX MINY SILVER COMX USD 0.00 0.00 
  COMEX MINY GOLD COMX USD 1742.31 3484.62 
  ASIAN GOLD COMX USD 1037.25 2074.50 
  NEW YORK COCOA CSCE USD 2004.50 4009.00 
  NEW YORK COFFEE CSCE USD 2507.00 5014.00 
  NEW YORK SUGAR NO. 14 CSCE USD 1350.00 2700.00 
  NEW YORK SUGAR NO. 11 CSCE USD 751.50 1503.00 
  IMM SWEDISH KRONE IMM USD 13760.00 27520.00 
  IMM NORWEGIAN KRONE IMM USD 22400.00 44800.00 
  NBP NATURAL GAS DAILY IPE GBP 131.10 262.20 
  NBP NATURAL GAS MONTHLY IPE GBP 2691.00 5382.00 
  ECX CARBON FINANCIAL FUT IPE EUR 1232.00 2464.00 
  ICE BRENT CRUDE OIL IPE USD 8398.00 16796.00 
  ICE GAS OIL IPE USD 6750.00 13500.00 
  IPE GAS OIL PHYSICAL IPE USD 0.00 0.00 
  KANSAS CITY WHEAT KCBT USD 2000.00 4000.00 
  3 MONTH EONIA FUT SWAP LIFE EUR 437.50 875.00 
  LIFFE 10 YEAR GILT LIFE GBP 1525.00 3050.00 
  LIFFE JAPANESE GOVT BOND LIFE JPY 1130000.00 2260000.00 
  LIFFE 3M EURODOLLAR LIFE USD 1181.25 2362.50 
  LIFFE 3M EURO SWISS I/R LIFE CHF 375.00 750.00 
  LIFFE EUROTOP 100 INDEX LIFE EUR 4243.50 8487.00 
  LIFFE EUROYEN LIFE JPY 30000.00 60000.00 
  LIFFE FTSE EUROTOP 300 LIFE EUR 1161.50 2323.00 
  LIFFE FT-SE 250 LIFE GBP 9137.50 18275.00 
  LIFFE FTSE 100 LIFE GBP 3750.00 7500.00 
  1 MONTH EONIA INDEX CTRT LIFE EUR 437.50 875.00 
  LIFE FTSEUROFIRST 80 FUT LIFE EUR 3680.00 7360.00 
  LIFE FTSEUROFIRST100 FUT LIFE EUR 3317.75 6635.50 
  LIFFE 3M EURO (EURIBOR) LIFE EUR 834.25 1668.50 
  LIFFE 10 YEAR SWAPNOTE LIFE EUR 905.00 1810.00 
  LIFFE 2 YEAR SWAPNOTE LIFE EUR 362.50 725.00 
  LIFFE 5 YEAR SWAPNOTE LIFE EUR 680.00 1360.00 
  LIFFE SHORT STG INT RATE LIFE GBP 275.00 550.00 
  LIFFE USD 5 YEAR SWAPNTE LIFE USD 1130.00 2260.00 
  LIFFE USD 10 YEAR SWAPNT LIFE USD 1650.00 3300.00 
  LIFFE USD 2 YEAR SWAPNTE LIFE USD 1055.00 2110.00 
  CAC40 INDEX FUTURE LIFE EUR 2482.20 4964.40 
  LIFFE MSCI PAN EURO INDX LIFE EUR 1637.60 3275.20 
  LIFFE MSCI EURO INDEX LIFE EUR 1699.70 3399.40 
  LLDPE NORTH AMERICA USD LME USD 1426.00 2852.00 
  LLDPE NTH AMERICAN EURO LME EUR 1134.35 2268.70 
  LLDPE NORTH AMERICA GBP LME GBP 947.61 1895.22 
  LLDPE NORTH AMERICA YEN LME JPY 136842.75 273685.50 
  LLDPE EUROPE EURO LME EUR 690.56 1381.11 
  LME NASAAC (USD) LME USD 1400.00 2800.00 
  LME NASAAC (EURO) LME EUR 1113.70 2227.40 
  LME NASAAC (GBP) LME GBP 930.40 1860.80 
  LME NASAAC (YEN) LME JPY 134620.00 269240.00 
  LME NICKEL (USD) LME USD 7799.91 15599.82 
  LME NICKEL (EURO) LME EUR 6204.72 12409.44 
  LME NICKEL (GBP) LME GBP 5183.67 10367.34 
  LME NICKEL (YEN) LME JPY 749988.00 1499976.00 
  LME SP HI GRD ZINC (USD) LME USD 3125.00 6250.00 
  SPECIAL HI GRD ZINC -USD LME USD 4750.00 9500.00 
  LME SP HI GRD ZINC EURO LME EUR 2485.88 4971.75 
  LME ZINC (GBP) LME GBP 2076.88 4153.75 
  LME ZINC (YEN) LME JPY 300475.00 600950.00 
  LME ALUMINIUM ALLOY EURO LME EUR 875.00 1750.00 
  LME ALUMINIUM ALLOY (GBP LME GBP 731.00 1462.00 
  ALUMINIUM ALLOY YEN LME JPY 105770.00 211540.00 
  LME HI GD ALUMINIUM USD LME USD 2300.00 4600.00 
  LME HI GD ALUMINIUM EUR LME EUR 1829.63 3659.25 
  LME ALUMINIUM (GBP) LME GBP 1528.50 3057.00 
  LME ALUMINIUM (YEN) LME JPY 221150.00 442300.00 
  POLYPROPYLENE ASIA USD LME USD 1488.00 2976.00 
  POLYPROPYLENE ASIA EURO LME EUR 1183.71 2367.41 
  POLYPROPYLENE ASIA GBP LME GBP 988.90 1977.80 
  LME LEAD (USD) LME USD 3500.00 7000.00 
  LME LEAD (EURO) LME EUR 2784.13 5568.25 
  LME LEAD (GBP) LME GBP 2326.00 4652.00 
  LME LEAD (YEN) LME JPY 336537.50 673075.00 
  POLYPROPYLENE EUROP EURO LME EUR 1183.71 2367.41 
  POLYPROPYLENE EUROPE GBP LME GBP 988.90 1977.80 
  POLYPROPYLENE EUROPE YEN LME JPY 142782.75 285565.50 
  POLYPROPYLENE NTH AM USD LME USD 1488.00 2976.00 
  POLYPROPYLENE NTH AM EUR LME EUR 1183.71 2367.41 
  POLYPROPYLENE NTH AM GBP LME GBP 988.90 1977.80 
  POLYPROPYLENE NTH AM YEN LME JPY 142782.75 285565.50 
  POLYPROPYLENE ASIA YEN LME JPY 142782.75 285565.50 
  LME POLYPROPYLENE LME USD 1488.00 2976.00 
  POLYPROPYLENE EUROPE USD LME USD 1488.00 2976.00 
  LDN COPPER 3M AV ASIAN LME USD 6875.00 13750.00 
  LME TIN (USD) LME USD 5999.93 11999.85 
  LME TIN (EURO) LME EUR 4772.88 9545.75 
  LME TIN (STG) LME GBP 3987.45 7974.90 
  LME TIN (YEN) LME JPY 576915.00 1153830.00 
  LME ALUMINIUM ALLOY (USD LME USD 1100.00 2200.00 
  LLDPE ASIA GBP LME GBP 741.77 1483.54 
  LME LINEAR LOW DEN POLY. LME USD 1488.00 2976.00 
  LLDPE EUROPE GBP LME GBP 576.85 1153.70 
  LLDPE EUROPE USD LME USD 868.00 1736.00 
  LLDPE EUROPE YEN LME JPY 83296.13 166592.25 
  FERROUS FAR EAST LME USD 2275.00 4550.00 
  FERROUD MEDITERRANEAN LME USD 3835.00 7670.00 
  LLDPE ASIA USD LME USD 1116.00 2232.00 
  LLDPE ASIA EURO LME EUR 887.72 1775.43 
  LLDPE ASIA YEN LME JPY 107093.25 214186.50 
  LME COPPER - YEN LME JPY 781237.50 1562475.00 
  LME COPPER (GBP) LME GBP 5399.63 10799.25 
  LME COPPER (USD) LME USD 8124.88 16249.75 
  LME COPPER (EURO) LME EUR 6463.25 12926.50 
  MATIF MILLING WHEAT MATF EUR 0.00 0.00 
  EUROPEAN RAPESEED (EUR) MATF EUR 1400.00 2800.00 
  MATIF EURO NOTIONAL 10YR MATF EUR 750.00 1500.00 
  MATIF CORN MATF EUR 700.00 1400.00 
  FTSE EPRA NAREIT EUR IX MONP EUR 2300.00 4600.00 
  MONEP CAC 40 (10 EURO) MONP EUR 3500.00 7000.00 
  FTSE EUROFIRST80 MONP EUR 7130.00 14260.00 
  FTSE EUROFIRST80 MONP EUR 7130.00 14260.00 
  FTSE EUROFIRST100 MONP EUR 6670.00 13340.00 
  GNI LONDON FX DESK MONP USD 0.00 0.00 
  ST MICROELECTRONICS MONP EUR 280.50 561.00 
  NEW YORK COTTON NYCE USD 1710.00 3420.00 
  FCOJ - A NYCE USD 1315.00 2630.00 
  NYME NO2 HEATING OIL NYME USD 7350.00 14700.00 
  NYME PALLADIUM NYME USD 2530.00 5060.00 
  NYMEX PROPANE NYME USD 3428.75 6857.50 
  NYME PLATINUM NYME USD 6120.00 12240.00 
  NYMEX E-MINI NATURAL GAS NYME USD 1088.96 2177.92 
  NYMEX MINY HEATING OIL NYME USD 3675.00 7350.00 
  NYMEX E-MINI CRUDE OIL NYME USD 3675.00 7350.00 
  ASIAN PLATINUM NYME USD 1446.75 2893.50 
  ASIAN PALLADIUM NYME USD 330.75 661.50 
  NYMEX MINY GASOLINE NYME USD 3465.00 6930.00 
  NATURAL GAS (LAST DAY) NYME USD 4357.50 8715.00 
  NATURAL GAS(PENULTIMATE) NYME USD 4357.50 8715.00 
  MIDWEST HOT ROLLED STEEL NYME USD 855.00 1710.00 
  NYMEX HENRY HUB NAT GAS NYME USD 4357.50 8715.00 
  NYMEX NATURAL GAS NYME USD 4357.50 8715.00 
  1% FO NWE CRK SPR SWP NYME USD 5250.00 10500.00 
  NYME LIGHT CRUDE OIL NYME USD 9931.25 19862.50 
  NYMEX SING 380 FUEL OIL NYME USD 6500.00 13000.00 
  DME OMAN CRUDE OIL NYME USD 13052.50 26105.00 
  DME OMAN CRUDE OIL FIN NYME USD 13052.50 26105.00 
  DME BRENT FINANCIAL FUT NYME USD 9647.50 19295.00 
  S&P/MIB FUTURES SIF EUR 8316.00 16632.00 
  S&P/MIB MINI FUTURES SIF EUR 1663.20 3326.40 
 
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 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 used by MF Global Ltd, which is 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.

Registered Office : Sugar Quay, Lower Thames Street, London EC3R 6DU, England.
International Phone: +44 (0) 20 7144 5500 European Free Phone: + 8004414 4414 fax: +44 (0) 20 7144 6710.
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.