Exchange Minimum Margins
Updated on 9/25/20

Grains                                              Initial         Maint
@C                  Corn                            935              850
@S                  Soybeans                        1815            1650
@W                  Wheat - Chicago                 1265            1150
@KW                 Wheat - Kansas City             1155            1050
@MW                 Wheat - Minn                    1320            1200
@O                  Oats                            880              800
@SM                 Soybean Meal                    1210            1100
@BO                 Soybean Oil                     825              750
@RR                 Rough Rice                      3080            2800

Livestock
@LE                 Live Cattle                     1980            1800
@GF                 Feeder Cattle                   3713            3375
@HE                 Lean Hogs                       3135            2850
@DA                 Milk Class 3                    1320            1200
@DK                 Milk Class 4                    1034             940

Other Ag
@CT                 Cotton                          2915            2650
@SB                 Sugar #11                       1064             952
@SFI                Sugar #16                       1208            1098
@KC                 Coffee                          4455            4050
@OJ                 Orange Juice                    1386            1260
@CC                 Cocoa                           2090            1900
@LB                 Lumber                          7425            6750


Financials
@US                 Treasury Bond                   5170            4700
@TY                 10 Year T-Note                  1705            1550
@FV                 5 Year T-Note                   715              650
@TU                 2 Year T-Note                   396              360
@FF                 30 Day Fed Funds                275              250
@ED                 Eurodollar                      248              225
@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           6380            5800
@DX                 US Dollar Index                 2090            1900


Metals
QGC                 Comex Gold                     10230            9300
QSI                 Comex Silver                   14575            13250
QHG                 Hi Grade Copper                 3520            3200
QPL                 Platinum                        4400            4000
QPA                 Palladium                      37400            34000
@YG                 Mini-Sized Gold                 1514            1376
@YI                 Mini-Sized Silver               983              893

Energies
QCL                 Crude Oil                       6820            6200
QHO                 New York Harbor ULSD            4950            4500
QNG                 Natural Gas                     3300            3000
QRB                 RBOB                            5720            5200

Currencies
@AD                 Australian Dollar               1980            1800
@BP                 British Pound                   3300            3000
@CD                 Canadian Dollar                 1650            1500
@EU                 Euro FX                         2750            2500
@JY                 Japanese Yen                    3960            3600
@SF                 Swiss Franc                     4400            4000
@PX                 Mexican Peso                    2090            1900


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