Trading
Futures / Options_Margin
Since futures and options are high-risk and high-return products, it is necessary to retain collateral as a customer's guarantee to fulfill his/her settlement obligation. A customer is required to deposit and maintain with the member firm the initial margin, whose amount varies depending on the settlement risk presented by the open positions held.
Margin Rate by Product
| Product | Customer Margin Rate | |
|---|---|---|
| Initial Margin Rate | Maintenance Margin Rate | |
| KOSPI 200 Futures KOSPI 200 Options STAR Future |
15% | 10% |
| Individual Equity Futures Individual Equity Option |
18% | 12% |
| 3-year KTB Futures | 1.5% | 1.0% |
| 5-year KTB Futures | 1.8% | 1.2% |
| 10-year KTB Futures | 2.7% | 1.8% |
| MSB Futures | 0.3% | 0.2% |
| US Dollar Futures US Dollar Options |
4.5% | 3.0% |
| Japanese Yen Futures Euro Futures |
5.25% | 3.5% |
| Gold Futures | 9% | 6% |
| Lean Hog Futures | 21% | 14% |
Deposition of Margins
Customer may deposit cash, cash-equivalent securities(substitute securities) or foreign currencies as margin.
**Foreign currencies : US Doller, Japanese Yen, EURO, UK Pound, Hong Kong Dollar, Australian Dollar, Singaporean Dollars, Swiss Franc, Canadian Dollar
Basic Deposit
When customer with no open interest places a order must deposit 'Basic Deposit' in cash, substitute securities or foreign currencies. The amount of Basic Deposit would vary from KRW 5 million to KRW 30 million depending on customer's condition. But a qualified institutional investor is exempt from Basic Deposit requirement.
- Contents Manager :
- Derivatives Market Division/Equity Derivatives Development & Regulations/Seo Jae Ock(051-662-2799)
※ Data and information on the KRX website are provided for the purpose of improving availability of information for investment, not for trading securities. In spite of the efforts made in ensuring the accuracy of data and information, the KRX recognizes that unintentional and chance errors and delays occur. The KRX is not responsible for any loss resulted from the investments made using the data and information provided on its website.
