Swiss Franc Futures Margins
(Minimum Exchange Requirements)
Speculative Account - A speculator
in the Swiss franc 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 Swiss franc.
Initial: $4,725 (The initial margin is the amount of money that needs to
be in the account to initiate a trade in the Swiss franc futures market.)
Maintenance:
$3,500 (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 Swiss franc market is an individual who uses the futures market to offset
price risk when intending to sell or buy the actual Swiss franc.
Initial:
$3,500 (The initial margin is the amount of money that needs to be in the account to initiate a trade in the Swiss franc futures
market.)
Maintenance: $3,500 (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.)
