About Our Day Trading Margins
In partnership with our clearing houses, Cannon Trading Co. can offer some of the most aggressive day trading margins available. Typical accounts work with day trading margins of $400 – $500 per contract. By looking at such measurable variables as account size, trade volume and your past trading experience and combining those with other factors such as your daily trading activity / behavior (whether or not you use stops; whether or not you hold trades until the last minutes of the session etc.) as well as the platform you trade with we can customize your day trading margins to even more aggressive levels than below.
Margin Requirements
| Market |
Day Trading Margin |
| Mini SP, Mini Dow, Mini Russell, Mini Nasdaq |
$400 |
| Bonds, 10 years |
$300 |
| Currencies (Euro, Yen, Canadian, Austrian, British Pound, Swiss franc) |
$500 |
| DAX |
$2000 |
| Electronic gold/ silver, mini crude, Mini Natural gas |
$500 |
| Other Markets |
Please inquire here |
Current Overnight Margins
| Market |
Initial |
Maintenance |
| 10 YR AGENCY |
945 |
700 |
| 13 WEEK T-BILL |
405 |
300 |
| 30 DAY FED FUND |
338 |
250 |
| AUSTRALIAN DOLLAR |
2,430 |
1,600 |
| BRAZILIAN REAL |
2,800 |
2,000 |
| BRITISH POUND |
2,430 |
1,800 |
| BUND |
810 |
600 |
| BUTTER* |
1,620 |
1,200 |
| CANADIAN DOLLAR* |
2,565 |
1,900 |
| CATTLE, FEEDER |
1,350 |
1,000 |
| CATTLE, LIVE |
1080 |
800 |
| COCOA |
2,660 |
1,900 |
| COFFEE |
4,900 |
3,500 |
| COPPER HI-GRADE |
7,763 |
5,750 |
| CORN* |
1,350 |
1,000 |
| COTTON |
4,900 |
3,500 |
| CRB INDEX |
6,000 |
6,000 |
| CRUDE OIL |
8,775 |
6,500 |
| DAX |
13,760 |
13,760 |
| DJ EURO STOXX 50 |
2,500 |
2,500 |
| DJ STOXX 50 |
1,900 |
1,900 |
| DOLLAR INDEX |
1,064 |
800 |
| DOW INDUSTRIAL INDEX |
7,005 |
5,604 |
| DOW INDUSTRIAL INDEX MINI $5 |
3,503 |
2,802 |
| EUREX BOBL |
0.850 |
0.850 |
| EUREX BUND |
1.500 |
1.500 |
| EURO FX |
3,510 |
2,600 |
| EURO FX E-MINI |
1,283 |
950 |
| EURO DOLLAR |
1,013 |
750 |
| EUROYEN (in yen) |
540,000 |
400,000 |
| FED Funds (30 day) |
878 |
650 |
| FROZEN OJ |
1,890 |
1,350 |
| GOLD COMEX |
5,400 |
4,000 |
| 100 oz. GOLD (CBOT) |
4,455 |
3,300 |
| GOLDMAN INDEX |
8,100 |
5,400 |
| HEATING OIL |
10,125 |
7,500 |
| JAPANESE YEN |
3,780 |
2,800 |
| JAPANESE YEN E-MINI |
1,350 |
1,000 |
| KC VALUE LINE |
1,000 |
800 |
| LEAN HOGS |
1,215 |
900 |
| LIBOR (1 MO) CME |
608 |
450 |
| LUMBER 110K |
1,650 |
1,100 |
| MCE CORN |
270 |
200 |
| MCE SILVER MINI |
810 |
600 |
| MCE SOYBEANS |
540 |
400 |
| MCE WHEAT |
311 |
230 |
| MEXICAN PESO |
1,875 |
1,500 |
| MILK CME |
1,350 |
1,000 |
| MUNICIPAL BONDS |
878 |
650 |
| NASDAQ 100 INDEX* |
13,750 |
11,000 |
| NASDAQ E-MINI 100 |
3,250 |
2,600 |
| NATURAL GAS* |
9,788 |
7,250 |
| NATURAL GAS E-MINI |
3,038 |
2,250 |
| NEW FTSE 100 |
3,000 |
3,000 |
| NIKKEI INDEX |
5,000 |
4,000 |
| NYSE INDEX (YU) |
15,500 |
15,500 |
| NYSE SMALL INDEX (MU) |
1,550 |
1,550 |
| NYMEX MINY Gasoline |
3,038 |
2,750 |
| OATS |
1,350 |
1,000 |
| PALLADIUM |
6,075 |
4,500 |
| PLATINUM |
9,450 |
7,000 |
| PORK BELLIES, FROZEN |
1,620 |
1,200 |
| PROPANE |
4,388 |
3,250 |
| RBOB GASOLINE* |
9,788 |
7,250 |
| ROUGH RICE* |
3,105 |
2,300 |
| RUSSELL 1000 |
13,000 |
13,000 |
| RUSSELL 1000 E-MINI |
4,375 |
3,500 |
| RUSSELL 2000 INDEX |
15,000 |
15,000 |
| RUSSELL 2000 E-MINI |
5,250 |
4,200 |
| RUSSIAN RUBLE |
3,000 |
2,000 |
| S&P MID 400 |
20,000 |
16,000 |
| S&P 500 E-MINI |
4,500 |
3,600 |
| S&P 500 |
22,500 |
18,000 |
| SILVER COMEX |
7,763 |
5,750 |
| 5,000 oz. SILVER (CBOT) |
6,075 |
4,500 |
| SOYBEAN MEAL |
2,700 |
2,000 |
| SOYBEAN OIL* |
2,295 |
1,700 |
| SOYBEANS* |
4,725 |
3,500 |
| SUGAR #11 |
1,540 |
1,100 |
| SWISS FRANC* |
3,240 |
2,400 |
| UNLEADED GAS |
6,050 |
4,500 |
| US 2 YR T-NOTE |
1,215 |
900 |
| US 5 YR T-NOTE |
1,485 |
1,100 |
| US 10 YR T-NOTE |
2,160 |
1,600 |
| US T-BONDS |
2,700 |
2,000 |
| WHEAT |
6,075 |
4,500 |
| WHEAT KC |
3,750 |
3,000 |
| WHEAT MN* |
4,550 |
3,500 |
| MINI CORN* |
270 |
200 |
| E-MINI CRUDE OIL |
3,544 |
2,625 |
| E-MINI DOW INDUSTRIAL INDEX $5 |
3,503 |
2,802 |
| E-MINI EURO FX |
1,755 |
1,300 |
| MINI GOLD |
1,485 |
1,100 |
| E-MINI JAPANESE YEN |
1,890 |
1,400 |
| MINI WHEAT |
1,215 |
900 |
| MINI SOYBEANS* |
945 |
700 |
| MINI SILVER |
810 |
600 |
| E-MINI S&P 500 |
4,500 |
3,600 |
| E-MINI S&P MIDCAP |
4,000 |
3,200 |
| E-MINI RUSSELL 1000 |
4,375 |
3,500 |
| E-MINI RUSSELL 2000 |
5,250 |
4,200 |
| E-MINI NASDAQ 100* |
2,750 |
2,200 |
| NYMEX miNY Gasoline (tier 1)* |
4,894 |
3,625 |
| NYMEX miNY Heating Oil (tier 1)* |
5,063 |
3,750 |
| NYMEX miNY Natural Gas (tier 1)* |
2,447 |
1,813 |