what is the margin for future trading?

[steelcat]

what is the margin for future trading?
is it 100 times?

 

[dcraig1]

No it is not, and it may vary from broker to broker. Here are some details from IB:

http://www.interactivebrokers.com/en/p.php?f=margin&ib_entity=llc

 

[Rhody Trader]

The minimum margin requirement is set by the exchanges for each individual market and position type (outright long/short, spreads, etc.). It is based on volatility. The brokers can use higher margins if they wish, but cannot go lower.

 

[gedward3]

The minimum margin requirement is set by the exchanges for each individual market and position type (outright long/short, spreads, etc.). It is based on volatility. The brokers can use higher margins if they wish, but cannot go lower.

So Rhody,

What aboput the likes of Amp futures, openecry and many others that offer $400 and
$500 day trading margins as long as you dont hold overnight.

Maybe im missing something here.

Ged

 

[gooseman]

exchange margin is posted at different times. usually by a certain time on T+1 so if you're in and out of a position intra-day the clearer won't ask for margin

 

[gedward3]

exchange margin is posted at different times. usually by a certain time on T+1 so if you're in and out of a position intra-day the clearer won't ask for margin

So is that how Amp, Openecry and the like let you trade on such low margin because
you will be out before the close or unless you get a margin call from them or closed out.

Ged