Exchange Minimum Margins
Updated on 9/11/24
Grains Initial Maint
@C Corn 1320 1200
@S Soybeans 2420 2200
@W Wheat - Chicago 2090 1900
@KW Wheat - Kansas City 2090 1900
@MW Wheat - Minn 2800 2500
@O Oats 1540 1400
@SM Soybean Meal 2200 2000
@BO Soybean Oil 1870 1700
@RR Rough Rice 1733 1575
Livestock and Dairy
@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 6356 5778
@CC Cocoa 7601 6910
@LBR Lumber (new) 990 900
Financials
@UB Ultra US Treasury Bond 6545 5950
@US Treasury Bond 4070 3700
@TWE 20 Year T-Bond 4950 4500
@TY 10 Year T-Note 2200 2000
@FV 5 Year T-Note 1430 1300
@TU 2 Year T-Note 1155 1150
@FF 30 Day Fed Funds 1265 200
@SR3 3 Month SOFR 220 200
@TBF3 13 Week US T-Bill 330 300
Indexes
@NQ E-Mini Nasdaq 100 Index 23100 21000
@ES E mini S&P Index 15180 13800
@RTY Mini Russell 2000 CME 7920 7200
@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 11550 10500
QSI Comex Silver 11550 10500
QHG Hi Grade Copper 6050 5500
QPL Platinum 3080 2800
QPA Palladium 11550 10500
Energies
QCL Crude Oil 5720 5200
QHO New York Harbor ULSD 6820 6200
QNG Natural Gas 6050 5500
QRB RBOB 6050 5500
Currencies
@AD Australian Dollar 1595 1450
@BP British Pound 440 400
@CD Canadian Dollar 1100 1000
@EU Euro FX 2310 2100
@JY Japanese Yen 3520 3200
@SF Swiss Franc 4070 3700
@PX Mexican Peso 1760 1600
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