Emini S & P 500 Intraday Trading Hours and Margin etc. - Emini Index Futures Trading | futures io social day trading
futures io futures trading


Emini S & P 500 Intraday Trading Hours and Margin etc.
Updated: Views / Replies:1,980 / 9
Created: by hifromeddie Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Emini S & P 500 Intraday Trading Hours and Margin etc.

  #1 (permalink)
Trading Apprentice
San Francisco California
 
Futures Experience: Intermediate
Platform: MT4
Favorite Futures: Forex
 
Posts: 13 since Aug 2014
Thanks: 0 given, 1 received

Emini S & P 500 Intraday Trading Hours and Margin etc.

When brokers talk about intraday margin for trading the Emini S & P (ES)...exactly when is Intraday?

I realize that ES has hours from 5pm EST to 4:15pm EST...then there is a 45 minute break.

Is 5pm - 4:15pm (EST) considered "Intraday" where Intraday margins can be used?

Or are Intraday hours something else?

And if someone holds a trade overnight where they need the initial and maintenance margin is that speaking about having trades still opened when the 45 minute break arrives?

For example, at the time of writing this the initial margin for ES is $5060, and the maintenance margin is $4600.

If the broker, for example, is allowing $1295 intraday margin does this mean anytime between 5:00 pm EST - 4:15 EST the ES contracts can be opened at $1295 per contract?

But if not everything is closed before 4:15 pm each contract (that is still open at break time) will need the $5060 initial margin per still opened contract?

Am I understanding this correctly...or am I getting it wrong? I could not find enough info on the internet for the intraday hours to make sense to me .

Finally, I realize various brokers offer different Intraday margins.

But do some brokers keep the margins for ES (for example) at $5060 initial and $4600 maintenance during all hours (overnight and intraday)?

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Sydney, Australia
 
Futures Experience: Intermediate
Platform: Sierra Chart, IRESS
Broker/Data: IB, IQFeed
Favorite Futures: ES, SPI, ASX stocks, options
 
Posts: 399 since Jun 2015
Thanks: 169 given, 446 received


https://www.interactivebrokers.com/en/?f=margin&p=fut1

Reply With Quote
 
  #4 (permalink)
Trading Apprentice
San Francisco California
 
Futures Experience: Intermediate
Platform: MT4
Favorite Futures: Forex
 
Posts: 13 since Aug 2014
Thanks: 0 given, 1 received

Hi PeakGrowth...some of what was on that page answered my question (it said that "Each day at 15 minutes before the close of the normal trading session for a product, margin requirements will revert back to the 100% requirement until the opening of normal trading hours the next day.")

But when is the opening of the normal trading hours the next day? It isn't 5 pm (45 minute later)?

I guess I was thrown off when I emailed one broker who told me intraday hours apply to the hours between 5 pm - 4:15 pm (EST) when I was thinking intraday hours were between 8:30 am EST and 4:15 EST...but he said no.

Reply With Quote
 
  #5 (permalink)
Market Wizard
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,059 since Sep 2010
Thanks: 1,933 given, 2,783 received
Forum Reputation: Legendary


hifromeddie View Post
Hi PeakGrowth...some of what was on that page answered my question (it said that "Each day at 15 minutes before the close of the normal trading session for a product, margin requirements will revert back to the 100% requirement until the opening of normal trading hours the next day.")

But when is the opening of the normal trading hours the next day? It isn't 5 pm (45 minute later)?

I guess I was thrown off when I emailed one broker who told me intraday hours apply to the hours between 5 pm - 4:15 pm (EST) when I was thinking intraday hours were between 8:30 am EST and 4:15 EST...but he said no.

Maybe he meant from 5PM until 4.15 the next day.
Matt
Optimus Futures

There is a risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
Reply With Quote
The following user says Thank You to mattz for this post:
 
  #6 (permalink)
Trading Apprentice
San Francisco California
 
Futures Experience: Intermediate
Platform: MT4
Favorite Futures: Forex
 
Posts: 13 since Aug 2014
Thanks: 0 given, 1 received

Yes, he was speaking about 5 pm - 4:15 pm the next day as being Intraday hours, and he told me the only time the full 100% margin applies is if a trade is still open when the 4:15 break arrives.

I was thinking the full 100% rate applies during the entire overnight hours until the morning (EST).

But he said no.

So I didn't know if that was only unique to that broker or if all brokers do it that way.

Reply With Quote
 
  #7 (permalink)
Market Wizard
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,059 since Sep 2010
Thanks: 1,933 given, 2,783 received
Forum Reputation: Legendary


hifromeddie View Post
Yes, he was speaking about 5 pm - 4:15 pm the next day as being Intraday hours, and he told me the only time the full 100% margin applies is if a trade is still open when the 4:15 break arrives.

I was thinking the full 100% rate applies during the entire overnight hours until the morning (EST).

But he said no.

So I didn't know if that was only unique to that broker or if all brokers do it that way.

Brokers may very from 4.15 PM EST (or earlier) to 5 EST as far as what they consider end of day trading.
However, if you keep the ES past 5 o'clock EST, then you are subject to the exchange's initial margins.
Matt
Optimus Futures

There is a risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
Reply With Quote
The following 2 users say Thank You to mattz for this post:
 
  #8 (permalink)
Elite Member
Sydney, Australia
 
Futures Experience: Intermediate
Platform: Sierra Chart, IRESS
Broker/Data: IB, IQFeed
Favorite Futures: ES, SPI, ASX stocks, options
 
Posts: 399 since Jun 2015
Thanks: 169 given, 446 received


hifromeddie View Post
Yes, he was speaking about 5 pm - 4:15 pm the next day as being Intraday hours, and he told me the only time the full 100% margin applies is if a trade is still open when the 4:15 break arrives.

I was thinking the full 100% rate applies during the entire overnight hours until the morning (EST).

But he said no.

So I didn't know if that was only unique to that broker or if all brokers do it that way.

I believe it's only for that break from what the IB page is saying - however, I trade ETH and seem to be always paying 100% margin for some reason. Though I never really cared because I always have my margin covered more than two fold when I am at my max position size.

Reply With Quote
 
  #9 (permalink)
Trading Apprentice
San Francisco California
 
Futures Experience: Intermediate
Platform: MT4
Favorite Futures: Forex
 
Posts: 13 since Aug 2014
Thanks: 0 given, 1 received


mattz View Post
Brokers may very from 4.15 PM EST (or earlier) to 5 EST as far as what they consider end of day trading.
However, if you keep the ES past 5 o'clock EST, then you are subject to the exchange's initial margins.

I see, but if I open a new ES trade after 5 pm the trade is not subject to initial margins? (That's part of what I am trying to figure out).

Reply With Quote
 
  #10 (permalink)
Market Wizard
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,059 since Sep 2010
Thanks: 1,933 given, 2,783 received
Forum Reputation: Legendary



hifromeddie View Post
I see, but if I open a new ES trade after 5 pm the trade is not subject to initial margins? (That's part of what I am trying to figure out).

Between 5 and 6 EST, the ES market is closed.
So you should open it after 6 Clock and close by the broker's proposed time the next day to be considered a day trade.
Keep in mind that I am a broker in EST time zone, someone from Chicago may quote in CST time.

Matt
Optimus Futures

There is a risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
Reply With Quote
The following user says Thank You to mattz for this post:

Reply



futures io > > > > Emini S & P 500 Intraday Trading Hours and Margin etc.

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
The BEST indicator for EMINI scalping / intraday trading KosherTrader ThinkOrSwim 15 October 4th, 2017 11:23 PM
Daytrading the Emini S&P 500! cj060896 Emini Index Futures Trading 51 February 11th, 2015 11:43 AM
ES Intraday Margin Hours? Branzol Emini Index Futures Trading 13 July 29th, 2014 09:53 PM
Emini-After hours liquidity apmodeler Emini Index Futures Trading 6 August 25th, 2013 08:31 AM
Books on Emini S&P 500 one53brooklane Traders Hideout 2 March 1st, 2011 08:01 PM


All times are GMT -4. The time now is 12:35 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts
Page generated 2017-12-13 in 0.15 seconds with 37 queries on phoenix via your IP 54.221.93.187