CBOE Bitcoin Futures

 The CBOE has set initial margin at 44% of the current daily settlement price:
 
Yesterday’s bitcoin Settlement Price = $11,595.00
Price Fluctuation = $1.00 per Bitcoin
Contract Value = $11,595.00
Initial Margin = $5,101.80
 
As this is a new contract, with a highly volatile underlying contract, GAIN Futures will initially be setting the following Margin  Requirements:
 
Day Trade Margins 7:00am CT – 4:00pm CT – 100% of Exchange Initial Margin  
 
Overnight Margins 5:00pm CT – 7:00am CT – 125% of Exchange Initial Margin

 

CME Bitcoin Futures

As of December 1, 2017 the estimated initial margin that CME Clearing would require is 35%.

Price Fluctuation: $5.00 per Bitcoin

Contract Value: $56,461.95

Initial Margin: $19,761.68

As this is a new contract, with a highly volatile underlying contract, GAIN Futures will initially be setting the below Margin Requirements:

  • Day Trade Margins 7:00am CT – 4:00pm CT – 100% of Exchange Initial Margin.
  • Upon request, and GAIN Risk review, an IB office may request 50% day trade margins.
  • Overnight Margins 5:00pm CT – 7:00am CT – 150% of Exchange Initial Margin.

 

The risk of loss in the trading of stocks, options, futures, forex, foreign equities, and bonds can be substantial and is not suitable for all investors. Trading on margin or the use of leverage is not suitable for all investors and losses exceeding your initial deposit is possible. Supporting documentation is available upon request. Trading futures, options on futures, and forex involves substantial risk of loss and is not suitable for all investors. Carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources and only risk capital should be used. Opinions, market data, and recommendations are subject to change at any time. The lower the margin used the higher the leverage and therefore increases your risk. Past performance is not necessarily indicative of future results