Lean Hogs Futures Margins
(Minimum Exchange Requirements)
Speculative Account - A speculator in the lean hogs market is an individual who trades in the commodity
futures markets with the objective of achieving profits through the successful anticipation of price movements. The speculator
has no interest in taking delivery of the lean hogs.
Initial:
$1,350 (The initial margin is the amount of money that needs to be in the account to initiate a trade in
the lean hogs futures market.)
Maintenance:
$1,000 (The maintenance margin is the minimum equity that must be maintained in the account. If the equity
drops below the maintenance margin, a deposit must be made to bring the account back up to the initial margin.)
Hedge / Member Account
- A hedger in the lean hogs market is an individual who uses the futures market to offset price risk when intending to sell
or buy the actual lean hogs.
Initial:
$1,000 (The initial margin is the amount of money that needs to be in the account to initiate a trade in
the lean hogs futures market.)
Maintenance:
$1,000 (The maintenance margin is the minimum equity that must be maintained in the account. If the equity
drops below the maintenance margin, a deposit must be made to bring the account back up to the initial margin.)
We cannot guarantee the accuracy of the margin requirements written above. Margin requirements are set by
the exchange and are subject to change at any time. For current margin requirements please check with your broker or the Exchange
where the commodity trades.