intraday margins

Discussion in 'Index Futures' started by sabena, Feb 7, 2003.

  1. sabena

    sabena

    Guys,




    Let's say the margin for a futures contract is 1000,-$

    At how much would the exchange put this margin

    for an intraday position when applying the same

    risk rules ?

    Anybody has a good estimation ?
     
  2. half
     
  3. nkhoi

    nkhoi Moderator

    I think commodities with lowest margin you can find are on www.amex.com
     
  4. Quah

    Quah


    The exchanges don't calculate intraday margins - only overnight. Your broker determines their intraday margin on their own.
     
  5. virgin

    virgin

    Yeah, I know that brokers determine intraday margins

    but the question is at how much the EXCHANGE would

    put the intraday margin if they applied the same risk

    rules as the margin for overnight !
     
  6. Exchanges set the INITIAL MARGIN and MAINTENANCE MARGIN!

    FCM's set the INTRA-DAY MARGIN that IB's are allowed to extend to their clients.

    Some IB's are NCMs and they can have an Omnibus Agreement with their FCM. This allows them to offer a greater degree of leverage to their clients.

    MAINTENANCE MARGIN must be reached by the end of every day no matter how much leverage the Firm extends intra-day.

    Riskless