Margin Specifications

Vision provides this information as a service to our customer and introducting brokers. Although Vision has made reasonable effors to assure the accuracy of this information. Vision does not warrant or represent that all information is correct. Vision reserves the right to increase margin rates at any time. Those acting on this information are responsible for their own actions.

Last Updated 08/25/03

Commodity Commodity Symbol Exchange Initial Margin Maintenance Margin Maintenance %
CME          
E-Mini S&P ES CME $3,563 $2,850 80%
Big S&P SP CME $17,813 $14,250 80%
Big Nasdaq ND CME $11,250 $9,000 80%
Mini Nasdaq NQ CME $2,250 $1,800 80%
Russell 2000 RL CME $15,000 $12,000 80%
Mini Russell 2000 ER CME $3,000 $2,400 80%
Nikkei 225 Index NK CME $6,250 $5,000 80%
           
Australian Dollar AD CME $1,350 $1,000 74%
British Pound BP CME $1,350 $1,000 74%
Canadian Dollar CD CME $1,148 $850 74%
Japanese Yen JY CME $2,160 $1,600 74%
Swiss Franc SF CME $1,485 $1,100 74%
Mexican Peso MP CME $3,125 $2,500 74%
EuroFX EC CME $2,400 $1,800 74%
Brazilian Real BR CME $5,600 $4,000 71%
New Zealand Dollar NE CME $1,400 $1,000 74%
           
Live Cattle LC CME $810 $600 74%
Feeder Cattle FC CME

$1,013

$750 74%
Lean Hogs LN CME $810 $600 74%
Frozen Pork Bellies PB CME $1,620 $1,200 74%
Butter DB CME $1,620 $1,200 74%
Benzene BZ CME $1,620 $1,200 74%
Fresh Pork Bellies FB CME $2,700 $2,000 74%
           
Lumber LB CME $1,125 $750 66%
Interest Rates          
Eurodollar ED CME $810 $600 74%
           
CBOT          
Dow Jones (BIG) DJ CBOT $5,400 $4,000 74%
Dow Jones (ACE) ZD CBOT (ACE) $5,400 $4,000 74%
Mini-Dow ($5) YM CBOT (ACE) $2,700 $2,000 74%
Mini-Dow ($2) YJ CBOT (ACE) $1,080 $800 74%
Agricultural
Corn C CBOT $540 $400 74%
Corn (ACE) ZC CBOT (ACE) $540 $400 74%
Oats O CBOT $675 $500 74%
Oats (ACE) ZO CBOT (ACE) $675 $500 74%
Rice RR CBOT $675 $500 74%
Rice (ACE) ZR CBOT (ACE) $675 $500 74%
Soybeans S CBOT $1,148 $850 74%
Soybeans (ACE) ZS CBOT (ACE) $1,148 $850 74%
Soybean Meal SM CBOT $675 $500 74%
Soybean Meal (ACE) ZM CBOT (ACE) $675 $500 74%
Soybean Oil BO CBOT $540 $400 74%
Soybean Oil (ACE) ZL CBOT (ACE) $540 $400 74%
Wheat W CBOT $750 $600 88%
Wheat (ACE) ZW CBOT (ACE) $750 $600 88%
Financials
Treasury Bond (30 year) US CBOT $2,430 $1,800 74%
Treasury Bond (ACE) ZB CBOT (ACE) $2,430 $1,800 74%
10 Year T-Note TY CBOT $1755 $1,300 74%
10 Year T-Note (ACE) ZN CBOT (ACE) $1755 $1,300 74%
5 Year T-Note FV CBOT $1,350 $1,000 74%
5 Year T-Note (ACE) ZF CBOT (ACE) $1,350 $1,000 74%
30-day Fed Fund FF CBOT $540 $400 74%
30-day Fed Fund (ACE) ZQ CBOT (ACE) $540 $400 74%
Municipal Bond MB CBOT $1,890 $1,400 74%
Municipal Bond (ACE) ZU CBOT (ACE) $1,890 $1,400 74%
           
NYMEX          
Energies
Crude Oil CL NYMEX $4,050 $3,000 74%
Mini-Crude QM NYMEX $1,620 $1,215 75%
Heating Oil HO NYMEX $5,400 $4,000 74%
Natural Gas NG NYMEX $6,750 $5,000 74%
Unleaded Gas HU NYMEX $6,750 $5,000 74%
Propane PN NYMEX $2,025 $1,500 74%
Metals
Aluminum AL NYMEX $1,080 $1,080 100%
Copper HG NYMEX $1,350 $1,000 74%
Gold GC NYMEX $2,025 $1,500 74%
Palladium PA NYMEX $13,500 $13,500 74%
Platinum PL NYMEX $2,160 $1,600 74%
Silver SI NYMEX $1,350 $1,000 74%
           
NYBOT          
Cocoa CC NYBOT $1,820 $1,300 71%
Coffee KC NYBOT $2,100 $1,500 55%
Cotton CT NYBOT $1,400 $1,000 75%
Sugar SB, SE NYBOT $700 $500 71%
US Dollar Index DX NYBOT $1,663 $1,250 75%
Orange Juice OJ NYBOT $700 $500 71%
CRB Index CR NYBOT $1,200 $900 75%
           
KCBOT          
Red Winter Wheat KW KCBT $812 $650 80%
           
FOREX          
Forex     $2,000 $2,000 2% of Contract Size