Call 800-920-5808

GAIN Capital Futures

Market Resiliency During Times of Extreme Volatility

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

  • Micro Indices – 25% initial margin up to 20 contracts.
    • Any customer with 20+ Micro Indices all contracts will be margined at 100%.
  • E-mini Indices – 50% initial margin up to 10 contacts.
    • Any customer with 10 + E-mini Indices all contracts will be margined at 100%.
  • Energy markets (Crude, Heating Oil, and RBOB) will be at 200% Initial Margin.
  • 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.

 

Important information from CME Group:

Read about Limit Up-Limit Down: CME Group Price Limits

  • A price limit is the maximum price range permitted for a futures contract in each trading session. When markets hit the price limit, different actions occur depending on the product being traded. Markets may temporarily halt until price limits can be expanded, remain in a limit condition or stop trading for the day, based on regulatory rules.
  • U.S.-Based Equity Index Futures Price Limits: Frequently Asked Questions

Floor traded products: CME Group to Close Chicago Trading Floor as a Precaution

  • All products will continue to trade on CME Globex as they do today.

Protection Functionality for Market and Stop Orders

 

Equity-related futures products will be impacted by NYSE events

Read about Circuit Breaker and Limit Up-Limit Down rules at the New York Stock Exchange (NYSE): U.S. Equity Market Resiliency During Times of Extreme Volatility

 

Frequently asked questions:

  1. Can I place orders when the stock market is halted?
    • No, orders will be rejected.  You will see a message “Orders may not be entered while the market is paused ExchangeRejectCode = 1003“
  2. I’m getting rejected when placing orders?
    • The rejection could occur if the order price violates limit up or down prices.  You will see a message “Order price is outside the limits ‘Bid/Ask of XXX.xx violates High/Low Limit of XXX.xx’ ExchangeRejectCode = 2137“
    • The day margin you may be used to has been temporarily increased.  You will see a message “Not enough liquidity to cover margin.“
    • Market orders may not be supported when there is a Limit Up-Limit Down.  You will see a message “Market price orders not supported by opposite limit ExchangeRejectCode = 2013“

 

Gain Capital Group, LLC makes no investment recommendations and does not provide financial, tax or legal advice. Products and services intended for U.S. customers and may not be available or offered in other jurisdictions. Therefore, before deciding to participate in the commodity futures market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose. Futures, options on futures and forex trading involves substantial risk and is not appropriate for all investors. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. Increasing leverage increases risk. Online trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, volume and other factors. A trader should understand these and additional risks before trading. Please read Characteristics and Risks of Standardized Options or available by calling 800-920-5808 or 614-792-2690. * GAIN Trader has no monthly subscription or transactional technology costs. Standard commission, exchange, and NFA fees apply.

GAIN Capital Group, LLC is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA #0339826).

Read important information about recent market volatility, click here.