Table B.1.
Selected margins.
| Canada | Hong Kong | U.K. | U.S. | |
|---|---|---|---|---|
| (CAD) | (HKD) | (£) | (USD) | |
| Panel A: Margin requirements | ||||
| Jan 2, 2020 | 7,288 | 83,450 | 3,339 | 31,500 |
| Feb 3, 2020 | 4,725 | 83,750 | 3,339 | 33,000 |
| Mar 2, 2020 | 6,883 | 82,300 | 3,629 | 36,000 |
| Apr 1, 2020 | 19,579 | 116,200 | 6,699 | 60,000 |
| May 1, 2020 | 24,556 | 116,200 | 6,699 | 60,000 |
| Panel B: Data sources | ||||
| Canada | reg.m-x.ca | |||
| Hong Kong | www.hkex.com.hk | |||
| U.K. | www.theice.com | |||
| U.S. | www.cmegroup.com | |||
The table shows the currency margin requirements for selected markets and the links to the data sources. Panel A shows the average currency margin required to trade one futures contract for each market. We average the daily observations and provide the monthly average. Canada refers to the TSX 60 Index futures, which trade on the Montreal Exchange (expressed in CAD). Hong Kong refers to the Hang Seng Index futures, which trade on the Hong Kong Futures Exchange (expressed in HKD). U.K. refers to the margin for the FTSE 100 Index futures, which trade on the Intercontinental Exchange (expressed in pounds). U.S. refers to the margin for the S&P 500 Index futures, which trade on the Chicago Mercantile Exchange (expressed in USD). Panel B provides the links to the data sources.