Exchange Minimum Margins
Updated on 9/15/21

Grains                                              Initial         Maint
@C                  Corn                            2310            2100
@S                  Soybeans                        5500            5000
@W                  Wheat - Chicago                 2530            2300
@KW                 Wheat - Kansas City             2585            2350
@MW                 Wheat - Minn                    2730            2100
@O                  Oats                            1375            1250
@SM                 Soybean Meal                    3080            2800
@BO                 Soybean Oil                     3080            2800
@RR                 Rough Rice                      1100            1000

Livestock
@LE                 Live Cattle                     1760            1600
@GF                 Feeder Cattle                   3190            2900
@HE                 Lean Hogs                       2090            1900
@DA                 Milk Class 3                    1650            1500
@DK                 Milk Class 4                    1034             940

Other Ag
@CT                 Cotton                          2915            2650
@SB                 Sugar #11                       1479            1344
@SFI                Sugar #16                       2304            2094
@KC                 Coffee                          9900            9000
@OJ                 Orange Juice                    1386            1260
@CC                 Cocoa                           2090            1900
@LB                 Lumber                          8525            7750


Financials
@US                 Treasury Bond                   3850            3500
@TY                 10 Year T-Note                  1540            1400
@FV                 5 Year T-Note                   798              725
@TU                 2 Year T-Note                   385              350
@FF                 30 Day Fed Funds                176              160
@ED                 Eurodollar                      176              160
@EY                 Euroyen                        22000y          20000y

Indexes
@NQ                 E-Mini Nasdaq 100 Index        18700            17000
@ES                 E mini S&P Index               12650            11500
@RTY                Mini Russell 2000 CME           7150            6500
@DX                 US Dollar Index                 2090            1900


Metals
QGC                 Comex Gold                      9075            8250
QSI                 Comex Silver                   14850            13500
QHG                 Hi Grade Copper                 6600            6000
QPL                 Platinum                        4620            4200
QPA                 Palladium                      28600            26000
@YG                 Mini-Sized Gold                 1996            1814
@YI                 Mini-Sized Silver               1766            1605

Energies
QCL                 Crude Oil                       5610            5100
QHO                 New York Harbor ULSD            6105            5550
QNG                 Natural Gas                     4730            4300
QRB                 RBOB                            6325            5750

Currencies
@AD                 Australian Dollar               1760            1600
@BP                 British Pound                   2365            2150
@CD                 Canadian Dollar                 1485            1350
@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