Exchange Minimum Margins
Updated on 7/23/21

Grains                                              Initial         Maint
@C                  Corn                            2640            2400
@S                  Soybeans                        5500            5000
@W                  Wheat - Chicago                 2530            2300
@KW                 Wheat - Kansas City             2585            2350
@MW                 Wheat - Minn                    2730            2100
@O                  Oats                            1128            1025
@SM                 Soybean Meal                    3630            3300
@BO                 Soybean Oil                     3410            3100
@RR                 Rough Rice                      1430            1300

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                       1232            1120
@SFI                Sugar #16                       1737            1579
@KC                 Coffee                          8250            7500
@OJ                 Orange Juice                    1386            1260
@CC                 Cocoa                           2090            1900
@LB                 Lumber                          9990            9000


Financials
@US                 Treasury Bond                   3850            3500
@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                      9990            9000
QSI                 Comex Silver                   14850            13500
QHG                 Hi Grade Copper                 6600            6000
QPL                 Platinum                        5060            4600
QPA                 Palladium                      34100            31000
@YG                 Mini-Sized Gold                 2943            2675
@YI                 Mini-Sized Silver               2254            2049

Energies
QCL                 Crude Oil                       5995            5450
QHO                 New York Harbor ULSD            6105            5550
QNG                 Natural Gas                     2723            2475
QRB                 RBOB                            6875            6250

Currencies
@AD                 Australian Dollar               1760            1600
@BP                 British Pound                   2365            2150
@CD                 Canadian Dollar                 1375            1250
@EU                 Euro FX                         2420            2200
@JY                 Japanese Yen                    2255            2050
@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