Intraday Margin rates are effective from the product open until 15 minutes prior to the session close when Initial Margin is required. Initial Margins are set by the exchange and represent the amount required to hold a position into the next trading session. View Initial Margins for available contracts or learn more.
Accounts that do not meet margin requirements are subject to liquidation & applicable fees.
|Exchange||Contract||Description||Intraday Margin End Time||Session Close Time|
|CME||E-mini S&P 500 (ES)||Equities||15:45 CT||16:00 CT|
|CME||Micro E-mini S&P 500 (MES)||Micro Equities||15:45 CT||16:00 CT|
|CME||Euro (6E)||Currencies||15:45 CT||16:00 CT|
|NYMEX||Crude Oil (CL)||Commodities||15:45 CT||16:00 CT|
|COMEX||Gold (GC)||Metals||15:45 CT||16:00 CT|
|CBOT||US Treasury Bonds (ZB)||Bonds||15:45 CT||16:00 CT|
|CBOT||Wheat (ZW)||Agriculture||13:05 CT||13:20 CT|
|Eurex||Mini-Dax (FDXM)||Equities||14:45 CT||15:00 CT|
The NinjaTrader risk team evaluates market conditions in real-time and reserves the right to adjust intraday margins in accordance with market volatility. If required, temporary changes to the amount of margin required for trading may be made without prior notification.
Margin Changes For Economic News Announcements
Intraday margins will be set to 4X our standard rates 15 minutes prior to the release of key economic news announcements as listed in your account dashboard for any and/or all products. The temporary elevated margin requirements will remain in place approximately 5 minutes following the announcement once market volatility is determined to present manageable risk for our traders.
Please be aware these elevated margin rates apply only when entering a new position which may present significant risk to the account.
Margin and Position Management Violations
If an account does not meet the margin requirement at all times during the trade:
- The entire position may be liquidated and closed
- An e-mail will be sent notifying the account owner of the violation
- 1st Violation: $25 execution fee
- Subsequent Violations: $50 execution fee
Delivery And First Notice
Trading in physically deliverable futures contracts is prohibited beginning on the business day preceding the earlier of the Last Trade Date or the 1st Notice Date through the Last Trade Date.
Any account that has a position or places an order after this roll date is subject to liquidation and associated fees. Learn More.
If you fail to maintain the required margin, you may receive a margin call and requiring the deposit of additional funds or potentially have your positions liquidated by the Trade Desk.
The margin requirement for carrying a position between trading sessions is significantly greater than the margin required to hold a position only during regular trading hours. As a reminder, your account must meet the initial margin requirements 15 minutes prior to the session close if you plan to carry the position.
It is important to understand the risk associated with holding a position overnight such as exposure to potential adverse price movement occurring outside of normal trading hours. Learn more about carrying a position overnight.
Specific to each futures contract, position limits are determined primarily based on the liquidity and volatility of that market.
- Early closes due to holidays are common & Intraday margin is not extended through the holiday trading halt. All positions must satisfy the Initial Margin rates set by the exchanges 15 minutes prior to the early close.
- Initial Margin is also required on holidays when trading sessions span multiple days.