Exchange Minimum Margins
Updated on 1/14/21

Grains                                              Initial         Maint
@C                  Corn                            1210            1100
@S                  Soybeans                        3025            2750
@W                  Wheat - Chicago                 1815            1650
@KW                 Wheat - Kansas City             1760            1600
@MW                 Wheat - Minn                    1430            1100
@O                  Oats                            990              900
@SM                 Soybean Meal                    1980            1800
@BO                 Soybean Oil                     1485            1350
@RR                 Rough Rice                      3080            2800

Livestock
@LE                 Live Cattle                     1980            1800
@GF                 Feeder Cattle                   3713            3375
@HE                 Lean Hogs                       2420            2200
@DA                 Milk Class 3                    1650            1500
@DK                 Milk Class 4                    1034             940

Other Ag
@CT                 Cotton                          2915            2650
@SB                 Sugar #11                       1064             952
@SFI                Sugar #16                       838              762
@KC                 Coffee                          4455            4050
@OJ                 Orange Juice                    1386            1260
@CC                 Cocoa                           2090            1900
@LB                 Lumber                          6600            6000


Financials
@US                 Treasury Bond                   4400            4000
@TY                 10 Year T-Note                  1375            1250
@FV                 5 Year T-Note                   605              550
@TU                 2 Year T-Note                   330              300
@FF                 30 Day Fed Funds                198              180
@ED                 Eurodollar                      220              200
@EY                 Euroyen                        22000y          20000y

Indexes
@NQ                 E-Mini Nasdaq 100 Index        17600            16000
SP                  S&P 500 Index                  66000            60000
@ES                 E mini S&P Index               13200            12000
@RTY                Mini Russell 2000 CME           7150            6500
@DX                 US Dollar Index                 2090            1900


Metals
QGC                 Comex Gold                     12650            11500
QSI                 Comex Silver                   16500            15000
QHG                 Hi Grade Copper                 4620            4200
QPL                 Platinum                        4400            4000
QPA                 Palladium                      33000            30000
@YG                 Mini-Sized Gold                 3082            2802
@YI                 Mini-Sized Silver               2909            2644

Energies
QCL                 Crude Oil                       4978            4525
QHO                 New York Harbor ULSD            4400            4000
QNG                 Natural Gas                     3465            3150
QRB                 RBOB                            4950            4500

Currencies
@AD                 Australian Dollar               1760            1600
@BP                 British Pound                   2970            2700
@CD                 Canadian Dollar                 1375            1250
@EU                 Euro FX                         2530            2300
@JY                 Japanese Yen                    3300            3000
@SF                 Swiss Franc                     4070            3700
@PX                 Mexican Peso                    1760            1600


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