Yen Futures Margins
(Minimum Exchange Requirements)
Speculative Account - A speculator in the yen market is an individual who trades in the commodity 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 yen.
Initial: $4,860 (The initial margin is the amount of money that needs to be in the account to initiate a trade in
the yen futures market.)
Maintenance:
$3,600 (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 yen market is
an individual who uses the futures market to offset price risk when intending to sell or buy the actual yen.
Initial: $3,600 (The initial margin is the
amount of money that needs to be in the account to initiate a trade in the yen futures market.)
Maintenance: $3,600 (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.)
