YM Overnight Margin Question

olias · Apr 23, 2008

Quote from doragio:

This thing with the intra-day and overnight margins are a bit confusing so I'm hoping someone can shed some light on this.

Currently my broker I'm demoing has 500 intra-day margins for YM contract. And then this margin fluctuates into 3000+ or so after regular trading hours it seems

So let's say I'm long 4 contracts of YM on a 10k acct. Effectively my intra-day margin is 2000, now let's say by the end of regular trading session I'm breakeven and would like to hold overnight. At this point, according to the margins, 3000 X 4 = 12k for margin requirements. Does this mean that at this point irregardless of my profits or losses, because the margins exceed my 10k acct that the system will force liquidate?

Thanks
More...

Ask your broker. What do they say about this? Not all brokers handle this the same way.

nikglik · Apr 23, 2008

I agree the better thing is to ask you broker.

increasenow · Apr 23, 2008

for me and my broker...intraday refers to when ES opens like today at 5:15pm CST and all the way until tomorrow and closes at 3:15pmCST...so, almost 24 housrs for daytraading margin

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YM Overnight Margin Question

olias

nikglik

increasenow