British Pound Futures Margins
(Minimum Exchange Requirements)
Speculative Account - A speculator in the British pound market is an
individual who trades in the currency futures markets with the objective of achieving profits through the successful anticipation
of price movements. The speculator has no interest in taking delivery of the British pound.
Initial:
$3,915 (The initial margin is the amount of money that needs to be in the account to initiate a trade in
the British pound futures market.)
Maintenance: $2,900
(The maintenance margin is the minimum equity that must be maintained in the account. If the equity drops below the maintenance
margin, a deposit must be made to bring the account back up to the initial margin.)
Hedge / Member
Account - A hedger in
the British pound market is an individual who uses the futures market to offset price risk when intending to sell or buy the
actual British pound.
Initial: $2,900
(The initial margin is the amount of money that needs to be in the account to initiate a trade in the British pound futures
market.)
Maintenance: $2,900 (The maintenance margin is the minimum equity that must be maintained
in the account. If the equity drops below the maintenance margin, a deposit must be made to bring the account back up to the
initial margin.)
