Exchange Minimum Margins
Updated on 11/4/24
Grains Initial Maint
@C Corn 1155 1050
@S Soybeans 2200 2000
@W Wheat - Chicago 1925 1750
@KW Wheat - Kansas City 2090 1900
@MW Wheat - Minn 2800 2500
@O Oats 1375 1250
@SM Soybean Meal 2310 2100
@BO Soybean Oil 1870 1700
@RR Rough Rice 1540 1400
Livestock and Dairy
@LE Live Cattle 2420 2200
@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 1713 1557
@SFI Sugar #16 2242 2038
@KC Coffee 6600 6000
@OJ Orange Juice 6356 5778
@CC Cocoa 11154 10140
@LBR Lumber (new) 990 900
Financials
@UB Ultra US Treasury Bond 6545 5950
@US Treasury Bond 4400 4000
@TWE 20 Year T-Bond 5225 4750
@TY 10 Year T-Note 2420 2200
@FV 5 Year T-Note 1568 1425
@TU 2 Year T-Note 1320 1200
@FF 30 Day Fed Funds 248 225
@SR3 3 Month SOFR 248 225
@TBF3 13 Week US T-Bill 330 300
Indexes
@NQ E-Mini Nasdaq 100 Index 24420 22200
@ES E mini S&P Index 16060 14600
@RTY Mini Russell 2000 CME 8360 7600
@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 12650 11500
QSI Comex Silver 13750 12500
QHG Hi Grade Copper 6600 6000
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 1760 1600
@BP British Pound 440 400
@CD Canadian Dollar 1375 1250
@EU Euro FX 3080 2800
@JY Japanese Yen 3960 3600
@SF Swiss Franc 5060 4600
@PX Mexican Peso 2200 2000
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