Exchange Minimum Margins
Updated on 4/19/21

Grains                                              Initial         Maint
@C                  Corn                            1650            1500
@S                  Soybeans                        3685            3350
@W                  Wheat - Chicago                 2090            1900
@KW                 Wheat - Kansas City             2035            1850
@MW                 Wheat - Minn                    1430            1100
@O                  Oats                            990              900
@SM                 Soybean Meal                    2750            2500
@BO                 Soybean Oil                     1870            1700
@RR                 Rough Rice                      1815            1650

Livestock
@LE                 Live Cattle                     1760            1600
@GF                 Feeder Cattle                   3190            2900
@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                       1109            1008
@SFI                Sugar #16                       851              773
@KC                 Coffee                          4455            4050
@OJ                 Orange Juice                    1386            1260
@CC                 Cocoa                           2090            1900
@LB                 Lumber                          6050            5500


Financials
@US                 Treasury Bond                   4070            3700
@TY                 10 Year T-Note                  1678            1525
@FV                 5 Year T-Note                   880              800
@TU                 2 Year T-Note                   385              350
@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                     11000            10000
QSI                 Comex Silver                   18150            16500
QHG                 Hi Grade Copper                 6710            6100
QPL                 Platinum                        4840            4400
QPA                 Palladium                      33000            30000
@YG                 Mini-Sized Gold                 2887            2624
@YI                 Mini-Sized Silver               3385            3077

Energies
QCL                 Crude Oil                       5610            5100
QHO                 New York Harbor ULSD            5638            5125
QNG                 Natural Gas                     3465            3150
QRB                 RBOB                            6270            5700

Currencies
@AD                 Australian Dollar               1980            1800
@BP                 British Pound                   2640            2400
@CD                 Canadian Dollar                 1375            1250
@EU                 Euro FX                         2420            2200
@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