Margin relief for futures spreads? - Reviews of Brokers and Data Feeds | futures io social day trading
futures io futures trading


Margin relief for futures spreads?
Updated: Views / Replies:652 / 6
Created: by Futuresnoob Attachments:1

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
 

Margin relief for futures spreads?

  #1 (permalink)
Elite Member
San Antonio Texas
 
Futures Experience: Beginner
Platform: Ninjatrader Thinkorswim
Favorite Futures: ES, CL, GC, and ZS
 
Posts: 55 since Nov 2016
Thanks: 31 given, 23 received

Margin relief for futures spreads?

Has anyone heard of a broker that offers reduced margin requirements when doing futures pairs or spreads? I wanted to go long /RBH7 (RBOB Gas) and Short /CLH7 without having to pay full margin on both sides. I ended up putting the trade on using ETF's but really missed out on the leverage of futures. Thanks you any help.

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
Omer עומר / Israel י
 
Futures Experience: Master
Platform: NinjaTrader, Proprietary,
Broker/Data: Ninjabrokerage/IQfeed + Synthetic datafeed
Favorite Futures: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
 
rleplae's Avatar
 
Posts: 2,413 since Sep 2013
Thanks: 1,665 given, 3,580 received
Forum Reputation: Legendary


I think it would be difficult to calculate any compensation on this pair, as it are two different instruments.
Within the same instrument it is already not easy.

Reply With Quote
 
  #4 (permalink)
Elite Member
wisconsin
 
Futures Experience: Intermediate
Platform: ninjatrader
Favorite Futures: ES,CL,TF,GC
 
Posts: 26 since Jun 2011
Thanks: 14 given, 11 received

This is not a timely response but you can find the info you're looking for at https://www.rjobrien.com/tools/margins. Search the NYMEX intercommodity spreads.

Reply With Quote
The following user says Thank You to augustco for this post:
 
  #5 (permalink)
Trading Apprentice
Virginia
 
Futures Experience: Intermediate
Platform: TradingView, Seasonalgo
Favorite Futures: CL,ES,GC,Spreads
 
Posts: 27 since Oct 2010
Thanks: 52 given, 17 received

Most FCMs will provide proper SPAN margin credits (which are all on the CME website, although you need to hunt around a bit for them). Advantage, Crossland, RJ O'Brien, Wedbush and AMP come to mind. There are also many introducing brokers that work with these FCMs that may be able to provide lower commissions. Optimus and Deep Discount Trading are two off the top of my head.

I have heard that Interactive Brokers and Ameritrade ThinkorSwim are NOT good at giving you proper SPAN margin credits.

Reply With Quote
 
  #6 (permalink)
 Vendor: www.cannontrading.com 
Los Angeles, CA /USA
 
Futures Experience: Master
Platform: Sierra, CQG, TransactAT
Favorite Futures: Crude Oil
 
Ilanlm's Avatar
 
Posts: 74 since Mar 2013
Thanks: 17 given, 46 received


Futuresnoob View Post
Has anyone heard of a broker that offers reduced margin requirements when doing futures pairs or spreads? I wanted to go long /RBH7 (RBOB Gas) and Short /CLH7 without having to pay full margin on both sides. I ended up putting the trade on using ETF's but really missed out on the leverage of futures. Thanks you any help.

We offer exchange minimum margins for outrights and future spreads.

The current outright margin for crude is $2640 and for RBOB is $4070 ( as of Sept. 5th 2017)
the margin for the spread is: $3137

We have a built in margin calculator in our free platform E-Futures Int'l

PM with any questions about Cannon Trading (800) 454-9572 (310) 859-9572. Trading commodity futures, forex and options involves substantial risk of loss. The recommendations contained in this post are of opinion only and do not guarantee any profits. These are risky markets and only risk capital should be used. Past performance is not necessarily indicative of future results.
Reply With Quote
The following user says Thank You to Ilanlm for this post:
 
  #7 (permalink)
Market Wizard
Houston, TX
 
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 2,077 since Dec 2013
Thanks: 1,722 given, 3,279 received
Forum Reputation: Legendary


Futuresnoob View Post
Has anyone heard of a broker that offers reduced margin requirements when doing futures pairs or spreads? I wanted to go long /RBH7 (RBOB Gas) and Short /CLH7 without having to pay full margin on both sides. I ended up putting the trade on using ETF's but really missed out on the leverage of futures. Thanks you any help.

Old post I know, but this is called a Gasoline Crack Spread, or a RBOB crack. It is tradeable on Globex (aka NYMEX/CME) as a spread with no leg risk.

Since CL is a land locked Oklahoma crude, while RBOB is a New York Harbor ("NYH") delivered Gasoline Feedstock contact, some people look at Brent-RBOB cracks as well as/instead of CL/RBOB cracks. These cracks are offered on both Globex and ICE, but the limited liquidity they have seems to be on ICE. Unfortunately RBOB appears to be a dying contract in general.


Ilanlm View Post
We offer exchange minimum margins for outrights and future spreads.

The current outright margin for crude is $2640 and for RBOB is $4070 ( as of Sept. 5th 2017)
the margin for the spread is: $3137

We have a built in margin calculator in our free platform E-Futures Int'l

My first reaction was $3137 implies that the crack is more volatile than crude outright, which as volatile as RBOB has been, seems illogical. So I checked the CME website, which unless I'm missing something implies a lot less.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following 3 users say Thank You to SMCJB for this post:

Reply



futures io > > > > Margin relief for futures spreads?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

Dec 7

Linda Bradford Raschke: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
ES Futures Margin Changes bill20 Emini Index Futures Trading 0 December 8th, 2016 11:43 PM
Historical margin data on futures spreads hsfutures Traders Hideout 2 August 17th, 2016 05:57 PM
Using OEC for futures spreads trading tomas262 Reviews of Brokers and Data Feeds 9 July 28th, 2015 04:22 PM
Vertical options spreads on futures effective Options on Futures 4 May 10th, 2014 09:09 AM
New Futures Margin Requirements Zondor The Elite Circle 24 August 19th, 2011 10:31 PM


All times are GMT -4. The time now is 09:06 PM.

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 2017-11-17 in 0.10 seconds with 20 queries on phoenix via your IP 54.158.214.111