M A R G I N    G U I D E
Effective Date: 2/26/2021


U n C h a n g e d    M a r g i n
I n c r e a s e d    M a r g i n
D e c r e a s e d    M a r g i n
Current Month Change


COMMODITY
Chgd
Initial
Maint
Sprd
Initial
Sprd
Maint
 
CBOT -  GRAINS
         
C
Corn
02/05/21
1650
1500
248
225
YC
Mini Corn
02/05/21
330
300
50
45
S
Soybeans
01/26/21
3300
3000
495
450
YK
Mini Soybeans
01/26/21
660
600
99
90
06
Soybean Meal
01/26/21
2310
2100
523
475
07
Soybean Oil
02/05/21
1705
1550
275
250
W
Wheat
02/05/21
2090
1900
385
350
YW
Mini Wheat
02/05/21
418
380
77
70
KW
KC Wheat
02/05/21
2035
1850
605
550
O
Oats
01/06/21
990
900
633
575
14
Rough Rice
02/11/21
1815
1650
1155
1050
EH
Ethanol
02/04/21
3300
3000
2750
2500
 
CBOT -  FINANCIAL
         
17
30Year US Bond
01/08/21
4400
4000
715
650
21
10Year US Note
01/08/21
1375
1250
275
250
25
5Year US Note
01/08/21
605
550
220
200
26
2Year US Note
12/11/20
330
300
193
175
YM
Mini Dow Jones Index
12/11/20
9900
9000
1650
1500
 
CME -  AG
         
48
Live Cattle
01/22/21
1760
1600
1375
1250
62
Feeder Cattle
01/22/21
3190
2900
1100
1000
LN
Lean Hogs
01/14/21
1980
1800
1650
1500
DK
Milk (Class IV)
12/04/20
880
800
1980
1800
DA
Milk (Class III)
01/22/21
1650
1500
2992
2720
NF
Nonfat Dry Milk
12/04/20
1287
1170
2585
2350
CB
Cash Butter
12/11/20
1320
1200
2750
2500
 
CME -  EQUITIES
         
SP
S+P 500
12/11/20
60500
55000
6050
5500
ES
Mini S+P 500
12/11/20
12100
11000
1210
1100
NQ
Mini Nasdaq 100
12/11/20
17600
16000
1210
1100
ME
Mini S+P 400 Midcap
09/11/20
14850
13500
1650
1500
SG
S+P Growth Index
12/11/20
38500
35000
3190
2900
SU
S+P Value Index
12/11/20
22000
20000
3850
3500
GI
GSCI
01/22/21
5500
5000
3080
2800
NK
Nikkei 225
02/19/21
8800
8000
908
825
 
CME - CURRENCY
         
AD
Australian Dollar
01/29/21
1760
1600
50
45
BP
British Pound
02/19/21
2640
2400
66
60
C1
Canadian Dollar
01/29/21
1210
1100
50
45
J1
Japanese Yen
01/29/21
2750
2500
121
110
E1
SwissFranc
01/14/21
3630
3300
209
190
EC
Euro Currency
01/14/21
2200
2000
83
75
MP
Mexican Peso
01/14/21
1540
1400
61
55
RA
South African Rand
03/25/20
1980
1800
55
50
BR
Brazilian Real
12/01/20
1375
1250
715
650
NE
New Zealand Dollar
12/01/20
1595
1450
55
50
RU
Russian Ruble
01/14/21
2310
2100
220
200
 
CME-INTEREST RATES
         
ED
3 Month Eurodollar
01/13/21
220
200
171
155
EY
3 Month Euroyen
         
 
COMEX -  METAL
         
HG
Copper
02/25/21
5500
5000
605
550
GC
Gold
02/02/21
12100
11000
660
600
SI
Silver (x1.25)
02/02/21
18150
16500
550
500
 
NYMEX -  ENERGY
         
CL
Crude Oil
01/06/21
4978
4525
743
675
QM
Mini - WTI Crude
02/22/21
2489
2263
372
338
HO
Heating Oil
11/06/20
4400
4000
825
750
QH
Mini - Heating Oil
02/25/21
2145
1950
193
175
RB
RBOB Gas
02/23/21
4950
4500
1430
1300
QU
Mini - RBOB Gas
02/25/21
2420
2200
179
163
NG
Natual Gas
02/24/21
2530
2300
303
275
QG
Mini - Natural Gas
02/23/21
633
575
75
68
 
NYMEX  -  METAL
         
PL
Platinum
02/11/21
4840
4400
550
500
PA
Palladium
01/08/21
29700
27000
3520
3200
 
MGE
         
MW
Red Spring Wheat
01/21/21
1820
1400
390
300
 
NYBOT -  SOFTS
         
KC
Coffee
02/12/21
4455
4050
312
284
SB
Sugar
02/23/21
1294
1176
259
236
CC
Cocoa
02/15/21
2365
2150
1130
1028
CT
Cotton
02/12/21
2915
2650
548
498
OJ
Frozen Orange Juice
02/12/21
1386
1260
410
373
 
NYBOT -  CURRENCY
         
DX
Dollar Index
12/14/20
2090
1900
62
56




S P R E A D
Changed
Credit
 
Initial
Maint
SPD
Bean Meal vs. Bean Oil
         
SPD
Beans vs. Bean Oil
         
SPD
Corn vs. Wheat
02/05/21
45.00%
 
2057
1870
SPD
Feeder vs Cattle
         


NOTE:  Margin rates on spreads may vary depending on the contract months.  Contact your broker for verification.

DISCLAIMER: This information is not to be construed as an offer to sell or a solicitation or an offer to buy the commodities herein named. The factual information of this report has been obtained from sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to the accuracy, and is not to be construed as representation by our firm. The risk of loss when trading futures and options is substantial. Each investor must consider whether this is a suitable investment. Past performance isnot indicative of future results.