At itsâ meeting on Thursday, November 8, 2001 the Chicago Mercantile Exchange, Inc., Performance Bond Staff met to review price volatility for all commodities and approved the performance bond changes described below. These requirements will become effective at the close of business on November 19, 2001.
E-Mini Nasdaq-100 (NQ)
Speculation (Decrease)
Current (initial/maintenance)
$5,250 /$4,200
New (initial/maintenance)
$4,125/ $3,300
E-Mini S&P 500 (ES)
Speculation (Decrease)
Current (initial/maintenance)
$4,313/ $3,450
New (initial/maintenance)
$3,938/ $3,150
I won't bother to post other rates since I think most ppl here would fall under the 'spec' category.
Today the NDX closed at 1580 and the SPX at 1139.
NQ contract value:
1580x$20=$30,400
new margin: 7.4:1
ES contract value:
1139x$50=$56,950
new margin: 14.5:1
Knock yourself out,
voodoo
ps: for reference
http://www.cme.com/risk_management/secure.cme.com/advisory_notices/noticehome.cfm
check the performance bond section
E-Mini Nasdaq-100 (NQ)
Speculation (Decrease)
Current (initial/maintenance)
$5,250 /$4,200
New (initial/maintenance)
$4,125/ $3,300
E-Mini S&P 500 (ES)
Speculation (Decrease)
Current (initial/maintenance)
$4,313/ $3,450
New (initial/maintenance)
$3,938/ $3,150
I won't bother to post other rates since I think most ppl here would fall under the 'spec' category.
Today the NDX closed at 1580 and the SPX at 1139.
NQ contract value:
1580x$20=$30,400
new margin: 7.4:1
ES contract value:
1139x$50=$56,950
new margin: 14.5:1
Knock yourself out,
voodoo
ps: for reference
http://www.cme.com/risk_management/secure.cme.com/advisory_notices/noticehome.cfm
check the performance bond section