|
Houston TX
Legendary Market Wizard
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,048 since Dec 2013
Thanks Given: 4,381
Thanks Received: 10,205
|
- SPAN Margins are set by the exchanges.
- Brokers are obligated to use SPAN Margins as minimum margins for positions held overnight (or over the exchange down window)
- Some brokers will charge a premium to SPAN Margins. In some cases this might be all the time and in other cases it may only be special cases. For example many brokers are currently charging additional margins for crude oil
- As far as I know there are no minimum margin requirements for intra-day/day trading and Brokers have the flexibility to set their own requirements.
|
