M A R G I N    G U I D E
Effective Date: 8/3/2020


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
07/24/20
935
850
193
175
YC
Mini Corn
07/24/20
187
170
39
35
S
Soybeans
05/26/20
1650
1500
220
200
YK
Mini Soybeans
06/19/20
330
300
44
40
06
Soybean Meal
07/15/20
1100
1000
468
425
07
Soybean Oil
07/24/20
770
700
66
60
W
Wheat
07/24/20
1375
1250
385
350
YW
Mini Wheat
07/24/20
275
250
77
70
KW
KC Wheat
07/24/20
1265
1150
468
425
O
Oats
07/07/20
1100
1000
633
575
14
Rough Rice
07/24/20
4125
3750
4510
4100
EH
Ethanol
07/24/20
3850
3500
2255
2050
 
CBOT -  FINANCIAL
         
17
30Year US Bond
07/21/20
5170
4700
990
900
21
10Year US Note
07/21/20
1705
1550
506
460
25
5Year US Note
07/21/20
715
650
330
300
26
2Year US Note
07/21/20
396
360
330
300
YM
Mini Dow Jones Index
06/26/20
11770
10700
1155
1050
 
CME -  AG
         
48
Live Cattle
07/10/20
2750
2500
1650
1500
62
Feeder Cattle
07/31/20
5346
4860
1760
1600
LN
Lean Hogs
04/17/20
3135
2850
1650
1500
DK
Milk (Class IV)
06/16/20
1034
940
2431
2210
DA
Milk (Class III)
07/17/20
1100
1000
2200
2000
NF
Nonfat Dry Milk
04/17/20
1848
1680
3080
2800
CB
Cash Butter
07/07/20
1744
1585
2767
2515
 
CME -  EQUITIES
         
SP
S+P 500
06/26/20
66000
60000
4125
3750
ES
Mini S+P 500
06/26/20
13200
12000
825
750
NQ
Mini Nasdaq 100
06/26/20
16500
15000
413
375
ME
Mini S+P 400 Midcap
06/26/20
16500
15000
1485
1350
SG
S+P Growth Index
03/25/20
41800
38000
3190
2900
SU
S+P Value Index
03/25/20
25300
23000
3850
3500
GI
GSCI
05/26/20
7700
7000
1650
1500
NK
Nikkei 225
06/16/20
8800
8000
908
825
 
CME - CURRENCY
         
AD
Australian Dollar
06/26/20
1980
1800
61
55
BP
British Pound
06/26/20
2970
2700
66
60
C1
Canadian Dollar
07/10/20
1485
1350
61
55
J1
Japanese Yen
05/29/20
3960
3600
154
140
E1
SwissFranc
07/10/20
4400
4000
209
190
EC
Euro Currency
06/26/20
2503
2275
83
75
MP
Mexican Peso
03/25/20
2090
1900
61
55
RA
South African Rand
03/25/20
1980
1800
55
50
BR
Brazilian Real
07/10/20
1650
1500
715
650
NE
New Zealand Dollar
03/25/20
1650
1500
55
50
RU
Russian Ruble
07/10/20
3850
3500
220
200
 
CME-INTEREST RATES
         
ED
3 Month Eurodollar
07/22/20
303
275
171
155
EY
3 Month Euroyen
         
 
COMEX -  METAL
         
HG
Copper
07/30/20
3190
2900
605
550
GC
Gold
07/17/20
9020
8200
660
600
SI
Silver (x1.25)
07/28/20
11000
10000
440
400
 
NYMEX -  ENERGY
         
CL
Crude Oil
07/24/20
6820
6200
2173
1975
QM
Mini - WTI Crude
07/24/20
3410
3100
1086
988
HO
Heating Oil
07/10/20
6215
5650
1045
950
QH
Mini - Heating Oil
07/31/20
3108
2825
523
475
RB
RBOB Gas
07/10/20
7865
7150
2723
2475
QU
Mini - RBOB Gas
07/31/20
3933
3575
1361
1238
NG
Natual Gas
07/10/20
2200
2000
770
700
QG
Mini - Natural Gas
07/29/20
550
500
193
175
 
NYMEX  -  METAL
         
PL
Platinum
06/19/20
4400
4000
550
500
PA
Palladium
07/24/20
37400
34000
5060
4600
 
MGE
         
MW
Red Spring Wheat
07/15/20
1885
1450
390
300
 
NYBOT -  SOFTS
         
KC
Coffee
07/22/20
4455
4050
380
345
SB
Sugar
07/17/20
1047
952
155
141
CC
Cocoa
07/17/20
2090
1900
759
690
CT
Cotton
07/17/20
2915
2650
1091
992
OJ
Frozen Orange Juice
07/17/20
1386
1260
1146
1042
 
NYBOT -  CURRENCY
         
DX
Dollar Index
07/17/20
2090
1900
177
161




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
07/24/20
45.00%
 
1271
1155
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.