Margin Trading System

To trade futures market contract, the Client is required to submit a sum of money called “MARGIN”.

Margin is a good faith deposit posted at the time of entering a futures contract position to ensure performance.

The amount of margin required is varies, usually about 5% – 10% of contract value, depending on the commodity, time, and daily price fluctuations. During the trade it may require additional deposit (margin call), when the initial margin was reduced due to price movements in contrary to the prediction. If the margin balance reaches a certain threshold, client who has “open” position, either buying or selling, need to add margin to the previous amount (initial margin). Predetermined margin requirement applicable to the period of time, and can be changed according to circumstances and conditions. In addition there is a commission fee charged by the Broker, which the minimum is established by the Exchange with the approval of BAPPEBTI.

Margin Requirement Per Lot (Day and Overnight Trade)
USD/JPY Rp 10.000.000,- XUL10 (LLG/EMAS) Rp 10.000.000,-
USD/CHF Rp 10.000.000,-
EUR/USD Rp 10.000.000,- JPJ30 (NIKKEI 225) Rp 20.000.000,-
GBP/USD Rp 10.000.000,- HKJ50 (HANGSENG) Rp 20.000.000,-
AUD/USD Rp 10.000.000,- KRJ35 (KOSPI 200) Rp 20.000.000,-
WHAT IS LEVERAGE?

Leverage is using a relatively small amount of money (known as margin requirement) to control a much larger amount of money. The SMALLER the margin in relation to the value of the contract, the GREATER the Leverage! Leverage enables investors to trade futures contracts with a small capital but equal in value to the Contract itself. With Leverage facility up to 1:100 investor only needs to provide small amount of capital to trade.

LEVERAGE IN ACTION

You intented to buy 50,000 lbs of cotton to sell at a later date. Spot Gold Contract = 100 troy oz Margin Requirement = $ 1,000 Buy at $ 1,700/troy oz Sell at $ 1,725/troy oz

Physical Trading Margin Trading
Initial Investment $ 170,000 $ 1,000
Profit/Loss $ 2,500 $ 2,500
ROI 1.47% 250%
COMPARISON BETWEEN PHYSICAL TRADING AND MARGIN TRADING
Physical Trading Account Margin Trading Account
100% equity/capital tied up in the transaction A small % of equity/capital (1% – 5%) needs to be employed
Relatively shorter trading time 24 hours trading
Wider Spread & transaction cost Narrower Spread + relatively lower transaction costs
Market squeezes and lack of liquidity Abundant liquidity
Buying power hindered by huge cash outlays Greater buying power with small cash outlay
Depressed return on investment Increased return on investment

交易期货市场的合约,需要提交的所谓保证金一笔钱的客户。 保证金是多少钱,应放在交易期货合约的时间,以确保交易的执行量 每份合约保证金的金额在5%的范围一般 – 合同金额的10%,取决于所发生的商品,时间和价格波动。 在某种程度上,这需要一个额外的保证金(保证金通知),因为降低初始保证金因价格运动,反对它最初, 当保证金余额达到一定程度时,谁拥有一个位置,开放的所有客户,无论是买还是卖,应该添加余量的原始(初始保证金)的量。 根据情况和条件预定保证金适用于特定的时间段,并且可以改变的。 也有是由经纪人的外汇商品期货交易监管机构(Bappebti)批准规定的最低金额收取手续费。

保证金要求每批次(日和隔夜交易)
USD/JPY Rp 10.000.000,- XUL10 (LLG/EMAS) Rp 10.000.000,-
USD/CHF Rp 10.000.000,-
EUR/USD Rp 10.000.000,- JPJ30 (NIKKEI 225) Rp 20.000.000,-
GBP/USD Rp 10.000.000,- HKJ50 (HANGSENG) Rp 20.000.000,-
AUD/USD Rp 10.000.000,- KRJ35 (KOSPI 200) Rp 20.000.000,-
什么是杠杆

杠杆是其在一个相对少量(确定为保证金要求金额)资金使用的可能收益/损失要大得多的机制。 该值小幅度合同的值进行比较,获得的杠杆将是巨大的。 杠杆工具很容易让投资者进行期货交易的小资本,但在数值上等于合约价值。 随着设施杠杆高达1:100,那么你作为一个投资者就足以提供每批次的资本交易量小。

利用杠杆示

你打算买100金衡盎司黄金,以在日后出售。 合约现货黄金= 100金衡盎司 保证金/合同=千美元 购买的1.700美元/金衡盎司 售价为1.725美元/金衡盎司

现货交易 保证金交易
初始投资 $ 170,000 $ 1,000
损益 $ 2,500 $ 2,500
投资回报率 1.47% 250%
物理和贸易交易保证金TRADING
现货交易 保证金交易
100%的股权/资本捆绑在交易 所需的资本相对较小(1%-5%)
贸易相对短的时间 贸易是24小时开放
传播和高昂的交易成本 低利差和交易成本相对便宜
流动性较差 充裕的流动性
购买力是由大量的资本需求制约 更大的购买力,由于小资本要求
返回上一个小的投资 大的投资回报