Exchange Minimum Margins
Updated on 4/20/22

Grains                                              Initial         Maint
@C                  Corn                            2915            2650
@S                  Soybeans                        5060            4600
@W                  Wheat - Chicago                 4510            4100
@KW                 Wheat - Kansas City             4510            4100
@MW                 Wheat - Minn                    3630            3300
@O                  Oats                            2640            2400
@SM                 Soybean Meal                    2750            2500
@BO                 Soybean Oil                     3080            2800
@RR                 Rough Rice                      1183            1075

Livestock
@LE                 Live Cattle                     1540            1400
@GF                 Feeder Cattle                   2723            2475
@HE                 Lean Hogs                       2090            1900
@DA                 Milk Class 3                    1650            1500
@DK                 Milk Class 4                    1034             940

Other Ag
@CT                 Cotton                          3850            3500
@SB                 Sugar #11                       1479            1344
@SFI                Sugar #16                       1282            1165
@KC                 Coffee                          9900            9000
@OJ                 Orange Juice                    1581            1410
@CC                 Cocoa                           2090            1900
@LB                 Lumber                         10450            9500


Financials
@US                 Treasury Bond                   3850            3500
@TWE                20 Year T-Bond                  4697            4270
@TY                 10 Year T-Note                  1760            1600
@FV                 5 Year T-Note                   1320            1200
@TU                 2 Year T-Note                   990              900
@FF                 30 Day Fed Funds                413              375
@ED                 Eurodollar                      495              450
@EY                 Euroyen                        22000y          20000y

Indexes
@NQ                 E-Mini Nasdaq 100 Index        17050            15500
@ES                 E mini S&P Index               12320            11200
@RTY                Mini Russell 2000 CME           6600            6000
@DX                 US Dollar Index                 2090            1900


Metals
QGC                 Comex Gold                      7920            7200
QSI                 Comex Silver                    9350            8500
QHG                 Hi Grade Copper                 6050            5500
QPL                 Platinum                        3740            3400
QPA                 Palladium                      38500            35000
@YG                 Mini-Sized Gold                 1822            1656
@YI                 Mini-Sized Silver               1522            1383

Energies
QCL                 Crude Oil                       9625            8750
QHO                 New York Harbor ULSD           17325            15750
QNG                 Natural Gas                     7040            6400
QRB                 RBOB                           11825            10750

Currencies
@AD                 Australian Dollar               1815            1650
@BP                 British Pound                   2035            1850
@CD                 Canadian Dollar                 1320            1200
@EU                 Euro FX                         2640            2400
@JY                 Japanese Yen                    2750            2500
@SF                 Swiss Franc                     3190            2900
@PX                 Mexican Peso                    1430            1300


LME Metals                                       Per Tonne         Per Lot
MAA                 Aluminum Alloy                  140             2800
MAL                 Aluminum High Grade             165             4125
MCU                 Copper                          630             15750
MNA                 NA Aluminum Alloy               150             3000
MNI                 Nickel                          2400            14400
MPB                 Lead                            225             5625
MSN                 Tin                             1900            9500
MZN                 Zinc                            240             6000