Snow


M A R G I N    G U I D E
Effective Date: 4/23/2024


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
02/09/24
1430
1300
440
400
YC
Mini Corn
02/09/24
286
260
88
80
S
Soybeans
02/09/24
2640
2400
1100
1000
YK
Mini Soybeans
02/09/24
528
480
220
200
06
Soybean Meal
02/09/24
2090
1900
880
800
07
Soybean Oil
02/09/24
1980
1800
770
700
W
Wheat
02/09/24
2585
2350
550
500
YW
Mini Wheat
02/09/24
517
470
110
100
KW
KC Wheat
02/09/24
2420
2200
825
750
O
Oats
02/23/24
1540
1400
1100
1000
14
Rough Rice
04/19/24
1518
1380
1573
1430
EH
Ethanol
04/04/24
5390
4900
3190
2900
 
CBOT -  FINANCIAL
         
17
30Year US Bond
03/01/24
4290
3900
275
250
21
10Year US Note
02/23/24
2338
2125
220
200
25
5Year US Note
12/12/23
1540
1400
176
160
26
2Year US Note
06/16/23
1265
1150
242
220
 
CME -  AG
         
48
Live Cattle
11/10/23
2695
2450
880
800
62
Feeder Cattle
04/12/24
4538
4125
1210
1100
LN
Lean Hogs
09/08/23
1650
1500
1760
1600
DK
Milk (Class IV)
06/30/23
770
700
1595
1450
DA
Milk (Class III)
01/19/24
1320
1200
1606
1460
NF
Nonfat Dry Milk
01/19/24
990
900
2640
2400
CB
Cash Butter
01/19/24
1210
1100
2860
2600
 
CME -  EQUITIES
         
SP
S+P 500
09/10/21
63250
57500
7700
7000
ES
Mini S+P 500
12/20/23
12980
11800
275
250
YM
Mini $5 Dow
03/15/24
9240
8400
385
350
NQ
Mini Nasdaq 100
12/20/23
19470
17700
550
500
ME
Mini S+P 400 Midcap
12/20/23
16610
15100
990
900
SG
S+P Growth Index
12/20/23
44000
40000
3190
2900
SU
S+P Value Index
12/20/23
20900
19000
3850
3500
RTY
Russell 2000 Index
12/20/23
7150
6500
220
200
GI
GSCI
02/16/24
7700
7000
4510
4100
NK
Nikkei 225
03/05/24
9350
8500
935
850
 
CME - CURRENCY
         
AD
Australian Dollar
11/03/23
1595
1450
99
90
BP
British Pound
12/01/23
2090
1900
99
90
C1
Canadian Dollar
11/03/23
1100
1000
50
45
J1
Japanese Yen
11/03/23
2860
2600
132
120
E1
SwissFranc
01/05/24
4070
3700
198
180
EC
Euro Currency
11/03/23
2310
2100
99
90
MP
Mexican Peso
03/15/24
1485
1350
44
40
RA
South African Rand
11/03/23
1540
1400
54
49
BR
Brazilian Real
03/27/24
935
850
385
350
NE
New Zealand Dollar
11/03/23
1540
1400
110
100
RU
Russian Ruble
11/03/23
13640
12400
8800
8000
 
CME-INTEREST RATES
         
ED
3 Month Eurodollar
05/15/23
957
870
   
EY
3 Month Euroyen
         
 
COMEX -  METAL
         
HG
Copper
03/27/24
4400
4000
825
750
GC
Gold
04/19/24
11000
10000
385
350
SI
Silver (x1.25)
04/19/24
11550
10500
385
350
 
NYMEX -  ENERGY
         
CL
Crude Oil
08/18/23
7260
6600
633
575
QM
Mini - WTI Crude
04/22/24
3630
3300
316
288
HO
Heating Oil
09/29/23
9460
8600
1650
1500
QH
Mini - Heating Oil
03/28/24
4730
4300
825
750
RB
RBOB Gas
03/28/24
8690
7900
1320
1200
QU
Mini - RBOB Gas
03/28/24
4345
3950
660
600
NG
Natual Gas
08/18/23
6050
5500
715
650
QG
Mini - Natural Gas
03/26/24
1513
1375
179
163
 
NYMEX  -  METAL
         
PL
Platinum
02/16/24
2750
2500
605
550
PA
Palladium
02/16/24
13750
12500
2200
2000
 
MGE
         
MW
Red Spring Wheat
03/14/24
2750
2500
550
500
 
NYBOT -  SOFTS
         
KC
Coffee
04/22/24
6600
6000
1495
1359
SB
Sugar
01/19/24
2218
2016
371
337
CC
Cocoa
04/18/24
18579
16890
5382
4893
CT
Cotton
04/22/24
3300
3000
587
534
OJ
Frozen Orange Juice
04/22/24
5069
4608
1088
989
 
NYBOT -  CURRENCY
         
DX
Dollar Index
04/22/24
1980
1800
46
42




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
02/09/24
45.00%
 
2208
2008
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.