SPAN®
Minimum Margin Requirements
(SPAN refers to Standard Portfolio Analysis of Risk
Performance bond system)
Australian Dollar World Currency Futures
| |
Initial Margin |
Maintenance |
| Speculative |
$135 |
$135 |
| Hedge |
$135 |
$135 |
| Calendar Spread Margin |
$4 |
$4 |
British Pound World Currency Futures
| |
Initial Margin |
Maintenance |
| Speculative |
$200 |
$200 |
| Hedge |
$200 |
$200 |
| Calendar Spread Margin |
$4 |
$4 |
Canadian Dollar World Currency Futures
| |
Initial Margin |
Maintenance |
| Speculative |
$115 |
$115 |
| Hedge |
$115 |
$115 |
| Calendar Spread Margin |
$4 |
$4 |
Euro World Currency Futures
| |
Initial Margin |
Maintenance |
| Speculative |
$136 |
$136 |
| Hedge |
$136 |
$136 |
| Calendar Spread Margin |
$2 |
$2 |
Japanese Yen World Currency Futures
| |
Initial Margin |
Maintenance |
| Speculative |
$162 |
$162 |
| Hedge |
$162 |
$162 |
| Calendar Spread Margin |
$4 |
$4 |
Swiss Franc World Currency Futures
| |
Initial Margin |
Maintenance |
| Speculative |
$108 |
$108 |
| Hedge |
$108 |
$108 |
| Calendar Spread Margin |
$4 |
$4 |
|
