Margin for ES/NQ spread trade?

Discussion in 'Trading' started by swag, Apr 3, 2012.

  1. swag


    Just wondering what is the performance bond margin for an ES/NQ spread trade? Tried finding it on the CME website's performance bond list, I couldn't find one for E-mini S&P and E-mini Nasdaq?

    Also, what's the ratio, 2 ES x 3 NQ?
  2. swag


    Thanks ExchangeBonds!
  3. Yeah, I would like to know this too: You get a credit for an "odd" spread ?
  4. Yeah, provided there in the ratios as outlined on the CME page.
  5. 1 es is about 70k

    1 nq is about 50k

    so at 1:1 you are net long or short es

    not sure what the closest size would be to get dollar neutral

    3 es to 4 nq would get you pretty close

    it changes over time
  6. at a prop shop I clerked at a ways back they did spu/nas in 1x2
    you get a partial credit though for any combination
  7. So the correct ratio is 1ES:2NQ.

    Maybe 2ES:3NQ works out as 1ES:2NQ with credit - and 1xES / 1xNQ remainder at normal margin.