What leverage do you get on CBOT?

Discussion in 'Commodity Futures' started by qll, Nov 19, 2006.

  1. qll


    I use 6% on CORN in Dalian (I pay 6 for every 100 I buy/sell). Dalian Exchange only requires 5%, but my brokerage requires 1% more.

    Is CBOT giving more or less leverage? Is brokage requiring more deposit?
  2. With CBOT-Corn near ~$3.50/bushel and with initial margin of $850/contract, that's ~5% margin or 20-times leverage........where it usually is.