Margin Requirements

Due to volatility in the market, please see the below margin requirements:

• Micro Indices

Micro contracts	1 to 20 contracts	21 to 30 contracts	31 to 40 contracts	100% – over 40 contracts
Micro S&P (MES)	$100.00	$250.00	$500.00	$1,320.00
Micro Nasdaq (MNQ)	$125.00	$300.00	$600.00	$1,650.00
Micro Dow (MYM)	$100.00	$250.00	$500.00	$1,320.00
Micro Russell (M2K)	$100.00	$250.00	$500.00	$781.00

 

• E-mini Indices

Emini contracts	1 to 5 contracts	6 to 10 contracts	11 to 15 contracts	100% – over 15 contracts
Emini S&P (ES)	$1,000.00	$2,500.00	$5,000.00	$13,200.00
Emini Nasdaq (NQ)	$1,250.00	$3,000.00	$6,000.00	$16,500.00
Emini Dow (YM)	$1,000.00	$2,500.00	$5,000.00	$13,200.00
Emini Russell (RTY)	$1,000.00	$2,500.00	$5,000.00	$7,810.00

 

• Treasuries – 30yr Bond, 2yr-5yr-10yr Notes, Eurodollar
  • 50% initial margin up to 20 contracts.
  • Any customer with 20+ Treasuries, all contracts will be margined at 100%
• Currencies – British Pound (6B), Japanese Yen (6J), Euro Currency (6E)
  • 50% initial margin up to 20 contracts.
  • Any customer with 20+ currencies, all contracts will be margined at 100%
• Metals – Gold and Silver – 50% initial margin up to 20 contracts.
  • Any customer with 20+ all contracts will be margined at 100%
• Grains – Corn, Soybean, Wheat, Soybean Meal, Soybean Oil
  • 50% initial margin up to 20 contracts.
  • Any customer with 20+ grains, all contracts will be margined at 100%
• FTSE 100
  • 50% initial margin up to 20 contracts.
  • Any customer with 20+ FTSE 100, all contracts will be margined at 100%
• DAX
  • 50% initial margin up to 5 contracts.
  • Any customer with 5+ DAX, all contracts will be margined at 100%
• Mini-DAX
  • 50% initial margin up to 20 contracts.
  • Any customer with 20+ Mini-DAX, all contracts will be margined at 100%
• Energy markets (Crude, Heating Oil, and RBOB) will be at 200% Initial Margin.
  • Effective with Sunday night’s open 4/26/2020, front month Crude Oil Futures and Options contracts will be set to liquidation only.
• Mini Energy markets (Crude, Heating Oil, RBOB) will be at 200% Initial Margin.
  • Effective with Sunday night’s open 4/26/2020, front month Crude Oil Futures and Options contracts will be set to liquidation only.
• All other markets will be at 100% Exchange Initial Margin.
• At the 4pm CT close, all margins will be at the 100% level, except Energies at 200%.

Please be aware that your account must be at full required margin at the 4pm close or your account may be liquidated.

As always, manage your risk! Contact your broker immediately should you have concerns regarding your account.

 

Please note: The day margins listed below are superseded by the policy above.

Monthly Symbols

Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
F	G	H	J	K	M	N	Q	U	V	X	Z

 

Disclaimer:

The above information was drawn from sources believed to be reliable. Although it is believed that information provided is accurate, no guarantee is made. GAIN Capital assumes no responsibility for any errors or omissions.

 

Note:

• Initial margin and day trade values are updated daily at 7:00 am CST.
• For contracts that have $500 day trading margins, the margin will increase to $1000 outside regular trading hours of 7:30 am to 5 pm CST.
• Monday-Friday server maintenance is between 4:00 pm and 5:00 pm CST. In addition, we do schedule major updates after the close of business Friday through Saturday. The system will be available at a minimum of 1 hour prior to the pre-market open on Sundays.
• Liquidation Procedures
  • In accordance with the Liquidation of Accounts and Payment of Deficit Balances section of your Commodity Customer Agreement with GAIN Capital, GAIN Capital reserves the right to liquidate any commodity positions in your account at its SOLE AND ABSOLUTE DISCRETION without prior notice. Clients are responsible for monitoring their positions and are financially responsible for any losses generated by open positions.
  • Without limiting the foregoing, GAIN Capital generally liquidates open positions if the client’s Equity-to-Margin ratio (as defined below) drops below 5%, or the account Net Liquidating Value (NLV) drops below $500.00 (whichever comes first). For accounts with only micro e-mini futures positions, a liquidation may occur when the Net Liquidating Value (NLV) drops below $100.00. In such instances, your account may be locked, open positions may be liquidated, and if our risk management staff liquidates your position due to inaction on your part, a liquidation fee will apply. GAIN Capital’s current liquidation fee is $50.00 per contract.
  • Your “Equity-to-Margin ratio” is calculated by dividing your NLV by Initial Margin (IM).