Gold margins requiremments?

Discussion in 'Commodity Futures' started by 4xxxx, Mar 11, 2008.

  1. 4xxxx

    4xxxx

    Anyone care to share their margins requirements for Comex gold futures for non-clearing members? Trying to find an arcade in Chicago......appreciate any info at all.
     
    #1     Mar 11, 2008
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  2. ess1096

    ess1096

    http://www.nymex.com/gol_fut_cso.aspx


    Margins



    Non-Member Speculative Initial Margin Ratio 1.35



    Non-Member Speculative Initial $5,400



    Non-Member Speculative Maintenance $5,400



    Clearing Member/Member/Hedger Initial Margin Ratio 1.00



    Clearing Member/Member/Hedger Initial and Maintenance $4,000
     
    #2     Mar 11, 2008
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  3. nazzdack

    nazzdack

    Are you gonna trade the 100-ounce or 33.2-ounce (kilogram) contract?
     
    #3     Mar 12, 2008
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  4. increasenow

    increasenow

    Sir...trade the COMEX Gold large contract at Global Futures...daytrade margin is $1,800!!!!...COMEX gold has all the volume...not CBOT gold...and 1 point of COMEX gold is $100...I'd forget the mini gold, huge spread and no volume...these are my thoughts...do your reserch...COMEX Gold is the highest volume there in Gold!!
     
    #4     Mar 12, 2008
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