Agreed - however, check out $500 margins here:

http://www.globalfutures.com/futures/index.asp?refid=Direct&location=content&lang=en

or www.expressfutures.com says:

"No padding the margins here! Qualified accounts get exchange minimum margins. 
Day Traders enjoy margins that are reduced 50% or more!"

The point I was trying to make is that individual brokerages may have margins 
that are different from what is required by the exchange. 




--- In [email protected], Richard Dale <rich...@...> wrote:
>
> That's interesting because the exchange requires a fair bit more:
> http://www.cmegroup.com/wrappedpages/clearing/pbrates/performancebond.html?group=CME%20INDEX%20FUTURES&type=OutrightRates&h=2&reporttype=marginrate
> 
> Interactive Brokers match our margin figures:
> http://www.interactivebrokers.com/en/trading/marginRequirements/margin.php?ib_entity=llc
> 
> Are you sure you're talking about overnight maintenance margin?
> 
> Best regards,
> Richard Dale.
> Norgate Investor Services
> - Premium quality Stock, Futures and Foreign Exchange Data for
>   markets in Australia, Asia, Canada, Europe, UK & USA -
> www.premiumdata.net
> 
> 
> 
> -------- Original Message  --------
> Subject: [amibroker] Re: hello all S&P emini question
> From: Ed Hoopes <reefbreak...@...>
> To: [email protected]
> Date: mon, 18 may 2009 03:18:31 -0000
> >
> >
> > You should check with your own broker on margin. I've seen e-mini 
> > margin as low as $500.
> >
> > --- In [email protected] <mailto:amibroker%40yahoogroups.com>, 
> > Richard Dale <richard@> wrote:
> >
> > >
> > > The E-Mini S&P 500 security should have the following properties to
> > > enable correct backtesting:
> > > Tick Size: 0.25
> > > Point Value: 50
> > > Margin: 5625
> > >
> > > Best regards,
> > > Richard Dale.
> > > Norgate Investor Services
> > > - Premium quality Stock, Futures and Foreign Exchange Data for
> > > markets in Australia, Asia, Canada, Europe, UK & USA -
> > > www.premiumdata.net
> > >
> > >
> > >
> > > -------- Original Message --------
> > > Subject: [amibroker] hello all S&P emini question
> > > From: zeek ing <zeeking57@>
> > > To: [email protected] <mailto:amibroker%40yahoogroups.com>
> > > Date: sun, 17 may 2009 16:32:48 -0400
> > > >
> > > >
> > > > Hello,
> > > >
> > > >
> > > > all I am trying to set up a backtester on s&P emini data. Just wanted
> > > > to know what the appropriate point value should be in the code.
> > > >
> > > > I thought 0.5m but i am not sure. Can anyone help?
> > > >
> > > >
> > > > zeek
> > > >
> > >
> >
> >
>


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