Exchange Minimum Margins
Updated on 4/8/24
Grains Initial Maint
@C Corn 1430 1300
@S Soybeans 2640 2400
@W Wheat - Chicago 2585 2350
@KW Wheat - Kansas City 2420 2200
@MW Wheat - Minn 2750 2500
@O Oats 1540 1400
@SM Soybean Meal 2090 1900
@BO Soybean Oil 1980 1800
@RR Rough Rice 1320 1200
Livestock
@LE Live Cattle 2695 2450
@GF Feeder Cattle 4538 4125
@HE Lean Hogs 1650 1500
@DA Milk Class 3 1320 1200
@DK Milk Class 4 770 700
Other Ag
@CT Cotton 3300 3000
@SB Sugar #11 2218 2016
@SFI Sugar #16 2242 2038
@KC Coffee 6600 6000
@OJ Orange Juice 5069 4608
@CC Cocoa 7601 6910
@LBR Lumber (new) 990 900
Financials
@UB Ultra US Treasury Bond 6545 5950
@US Treasury Bond 4290 3900
@TWE 20 Year T-Bond 5005 4550
@TY 10 Year T-Note 2338 2125
@FV 5 Year T-Note 1540 1400
@TU 2 Year T-Note 1265 1150
@FF 30 Day Fed Funds 275 250
@SR3 3 Month SOFR 330 300
@TBF3 13 Week US T-Bill 440 400
Indexes
@NQ E-Mini Nasdaq 100 Index 19470 17700
@ES E mini S&P Index 12980 11800
@RTY Mini Russell 2000 CME 7150 6500
@DX US Dollar Index 1980 1800
@BTC Bitcoin 26% 24%
Note: Effective 3/7/24, CME margin for Bitcoin stated as
percent of notional rather than dollar amount.
Metals
QGC Comex Gold 10340 9400
QSI Comex Silver 10450 9500
QHG Hi Grade Copper 4400 4000
QPL Platinum 2750 2500
QPA Palladium 13750 12500
Energies
QCL Crude Oil 7260 6600
QHO New York Harbor ULSD 9460 8600
QNG Natural Gas 6050 5500
QRB RBOB 8690 7900
Currencies
@AD Australian Dollar 1595 1450
@BP British Pound 440 400
@CD Canadian Dollar 1100 1000
@EU Euro FX 2310 2100
@JY Japanese Yen 2860 2600
@SF Swiss Franc 4070 3700
@PX Mexican Peso 1265 1150
LME Metals Per Tonne Per Lot
MAA Aluminum Alloy 140 2800
MAL Aluminum High Grade 165 4125
MCU Copper 630 15750
MNA NA Aluminum Alloy 150 3000
MNI Nickel 2400 14400
MPB Lead 225 5625
MSN Tin 1900 9500
MZN Zinc 240 6000