Cross Margin

Discussion in 'Options' started by nitro, Dec 19, 2011.

  1. rmorse

    rmorse Sponsor

    No. FX is not a security, it's a cash swap of currencies. In the US you can get around 50-1 at some banks. Over seas in the UK I've heard of traders get up to 200 to 1. Crazy. Futures on FX and options on the futures are futures products.

    I don't do much FX right now. We concentrate on equites/options and futures and options on futures.
    #21     Dec 29, 2011
  2. Options12

    Options12 Guest

    By the way, a statement on the OneChicago site confirms that SSF's are not eligible for portfolio margining.

    "Portfolio-based margining (e.g. SPAN margining) is not yet permitted for customer positions in security futures. Firms will nonetheless continue to receive SPAN files that reflect the appropriate minimum margin requirements."
    #22     Dec 29, 2011