NexusFi: Find Your Edge


Home Menu

 





Ninjatrader Margin Update for Major Events & New Announcements


Discussion in Brokers

Updated
      Top Posters
    1. looks_one StoxFox with 4 posts (6 thanks)
    2. looks_two Pa Dax with 4 posts (12 thanks)
    3. looks_3 NT Brokerage with 3 posts (15 thanks)
    4. looks_4 elynt with 3 posts (8 thanks)
      Best Posters
    1. looks_one Lancer with 5.5 thanks per post
    2. looks_two NT Brokerage with 5 thanks per post
    3. looks_3 Pa Dax with 3 thanks per post
    4. looks_4 elynt with 2.7 thanks per post
    1. trending_up 6,941 views
    2. thumb_up 74 thanks given
    3. group 16 followers
    1. forum 27 posts
    2. attach_file 0 attachments




 
Search this Thread

Ninjatrader Margin Update for Major Events & New Announcements

  #21 (permalink)
 
elynt's Avatar
 elynt 
New York, New York
 
Experience: None
Platform: NT
Broker: IB & NT Brokerage
Trading: ES & CL
Posts: 26 since Apr 2014
Thanks Given: 604
Thanks Received: 66


NT Brokerage View Post
Hello,

We wanted to thank everyone for their comments.

We sincerely appreciate the feedback and want to provide an update regarding our recent announcement on margin updates around major news events.

For major economic news events, margins will be raised to 4 times day trade margins 15 minutes prior to the announcement. News events that will be impacted are reflected on our Trade Desk Calendar. This policy will apply to new positions only and existing positions will not be affected.

We expect margins to return to day trading levels roughly 5 minutes after the announcement, based on market volatility.

Thanks.

THANK YOU! I also appreciate you listening to us. This made my day.

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
NexusFi Journal Challenge - May 2024
Feedback and Announcements
MC PL editor upgrade
MultiCharts
REcommedations for programming help
Sierra Chart
ZombieSqueeze
Platforms and Indicators
 
  #22 (permalink)
 
StoxFox's Avatar
 StoxFox 
N. California
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, NQ, CL
Posts: 36 since Oct 2019
Thanks Given: 8
Thanks Received: 36

Hey, what'd you know! They listened to the people.

Reply With Quote
  #23 (permalink)
 Miesto 
Monte Carlo, Monaco
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage
Trading: Futures
Posts: 647 since May 2012
Thanks Given: 801
Thanks Received: 1,193



NT Brokerage View Post
Hello,

We wanted to thank everyone for their comments.

We sincerely appreciate the feedback and want to provide an update regarding our recent announcement on margin updates around major news events.

For major economic news events, margins will be raised to 4 times day trade margins 15 minutes prior to the announcement. News events that will be impacted are reflected on our Trade Desk Calendar. This policy will apply to new positions only and existing positions will not be affected.

We expect margins to return to day trading levels roughly 5 minutes after the announcement, based on market volatility.

Thanks.


Thank you very much! Very happy that NT was able to find a more appropriate solution.

Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #24 (permalink)
 
WoodyFox's Avatar
 WoodyFox 
Columbus, Ohio
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Futures
Posts: 409 since May 2016
Thanks Given: 196
Thanks Received: 876


NT Brokerage View Post
Hello,

We wanted to thank everyone for their comments.

We sincerely appreciate the feedback and want to provide an update regarding our recent announcement on margin updates around major news events.

For major economic news events, margins will be raised to 4 times day trade margins 15 minutes prior to the announcement. News events that will be impacted are reflected on our Trade Desk Calendar. This policy will apply to new positions only and existing positions will not be affected.

We expect margins to return to day trading levels roughly 5 minutes after the announcement, based on market volatility.

Thanks.


Thanks for the update!

Reply With Quote
  #25 (permalink)
 OpalDragon 
Des Moines, Iowa
 
Experience: Advanced
Platform: Ninja Trader
Trading: 6E, CL, Anything that moves
Posts: 559 since Jun 2012
Thanks Given: 733
Thanks Received: 232


NT Brokerage View Post
Hello,

We wanted to thank everyone for their comments.

We sincerely appreciate the feedback and want to provide an update regarding our recent announcement on margin updates around major news events.

For major economic news events, margins will be raised to 4 times day trade margins 15 minutes prior to the announcement. News events that will be impacted are reflected on our Trade Desk Calendar. This policy will apply to new positions only and existing positions will not be affected.

We expect margins to return to day trading levels roughly 5 minutes after the announcement, based on market volatility.

Thanks.




I did not want to complain -- but I also agree that the initial implementation was way too undefined, random and vague for us traders to correctly work with.

This one is much much MUCH BETTER.

================================

An Extra Suggestion that would be awesome as well:
Would be an update to the platform that would send us ORDER DESK UPDATES >>> TO:

Private Twitter Accounts!
Private Email Address
Telegram Account
TEXT to Phone number

Any of those would be excellent

I have a private Twitter account for trading and I have email address for trading emails only....
I used to use Telegram
I used to use Text messages as well


All of that would be excellent and powerful

--------------------------------------------------------------

Your mistake here was not the DECISION.

The DECISION to implement HIGHER MARGINS WAS AND IS CORRECT.

BUT REALLY >>> it was just the Execution of it that was wrong.

The execution should have been more defined AND also have you guys do ANY INDICATOR that you need to create or update that you need to create that would tell us of ORDER DESK updates.

I WOULD LOVE IF:

NINJA TRADER ORDER DESK had a Twitter account that we can 'subscribe to' / follow and it would just instantly give ORDER DESK UPDATES to my phone and TWEET DECK Webpage.

I think this is ultra ultra easy to implement.

Reply With Quote
  #26 (permalink)
 
NT Brokerage's Avatar
 NT Brokerage  NT Brokerage is an official Site Sponsor
Site Sponsor

Web: NT Brokerage
AMA: Ask Me Anything
Webinars: NT Brokerage Webinars
Elite offer: Click here
 
Posts: 126 since Jul 2014
Thanks Given: 0
Thanks Received: 249


OpalDragon View Post


I did not want to complain -- but I also agree that the initial implementation was way too undefined, random and vague for us traders to correctly work with.

This one is much much MUCH BETTER.

================================

An Extra Suggestion that would be awesome as well:
Would be an update to the platform that would send us ORDER DESK UPDATES >>> TO:

Private Twitter Accounts!
Private Email Address
Telegram Account
TEXT to Phone number

Any of those would be excellent

I have a private Twitter account for trading and I have email address for trading emails only....
I used to use Telegram
I used to use Text messages as well


All of that would be excellent and powerful

--------------------------------------------------------------

Your mistake here was not the DECISION.

The DECISION to implement HIGHER MARGINS WAS AND IS CORRECT.

BUT REALLY >>> it was just the Execution of it that was wrong.

The execution should have been more defined AND also have you guys do ANY INDICATOR that you need to create or update that you need to create that would tell us of ORDER DESK updates.

I WOULD LOVE IF:

NINJA TRADER ORDER DESK had a Twitter account that we can 'subscribe to' / follow and it would just instantly give ORDER DESK UPDATES to my phone and TWEET DECK Webpage.

I think this is ultra ultra easy to implement.


Hello,

Thank you for the feedback.

We have forwarded your suggestion regarding the notifications to our product teams.

Risk Disclosure: Futures and forex trading involves significant risk of loss and is not appropriate for everyone.
Reply With Quote
Thanked by:
  #27 (permalink)
 
SMCJB's Avatar
 SMCJB 
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: 5,049 since Dec 2013
Thanks Given: 4,388
Thanks Received: 10,207

Just FYI @ES_Z22 dropped from 3627 to 3510 today in 1 minute after the inflation announcement.
That's $5850 or 53%-58% of the overnight margin requirement.

Reply With Quote
Thanked by:
  #28 (permalink)
 steve47 
Mansfield Ohio
 
Experience: Beginner
Platform: NT8
Trading: futures
Posts: 6 since Apr 2022
Thanks Given: 5
Thanks Received: 3

It sounds like this was not very well thought out and while NT can say what they want about risk moderation it smacks of an extra revenue source. The idea of having to constantly refresh the margin requirements after a news event is not practical by any stretch of the imagination. There are certainly other ways for NT to notify customers if they truly want to be customer driven.
Mich62 View Post
From NinjaTrader Brokerage:

"NinjaTrader has always been, and will remain, committed to being there for our traders regardless of market conditions. As your partner, our goal is to set responsible margin levels to ensure appropriate risk management is in place as our traders navigate heightened volatility related to interest rate uncertainty, ongoing geopolitical risk & other events.

Beginning Friday, October 7th, day trading margins will be increased to initial exchange margin prior to the release of key economic news announcements for any and/or all products. The temporary elevated margin requirements will remain in place until market volatility is determined to present manageable risk for our traders. Please be aware these temporary margin updates will apply to both existing positions and when entering a new position which may present significant risk to the account. You can view the full policy here.

The NinjaTrader team evaluates market conditions in real-time and if required, temporary changes to the amount of margin required for trading may be made throughout the day and for extend periods of time without prior notification. For the latest margin updates beyond those related to major events and news announcements, please visit the Order Desk Updates page which will reflect the current status of margin rates based on any temporary changes we have elected to make.
"

This will have some serious consequenties and I doubt it's even workable (constantly refreshing the order desk page during news events?) for a smaller account. For trading just one MES contract one will go suddenly from $50 to $1100. Trading just one MNQ from $100 to $1650. I am a long time NT user but this really makes me reconsider NT. I think a good CFD broker might be a good alternative although I prefer futures. Any other alternatives?

Margin Changes for Economic News Announcements

#

Edit October 7th: NinjaTrader has adjusted the rules, see Post #19.

#


Reply With Quote




Last Updated on October 30, 2022


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts