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- BLS Research
- Introduction to Derivatives
Initial Margin : the minimum cash that the investors
shall place to the Company before placing order to
open the position. The Initial Margin shall be classified base on
the order of the investors or the type of
Position (outright or spread).
Maintenance Margin:the minimum cash that the investors
shall maintain in order to hold the Position
as opened with the Company. In case the equity balance is less than
the Maintenance Margin, the
investors shall be required for the Margin Call in order to raise
the equity balance level as equal to
the Initial Margin. Furthermore, the Maintenance Margin is classified
according to type of the Futures
Position in the port whether it is Outright or Spread.
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Directional Trading |
Spread trading |
Initial Margin |
50,000 |
12,500 |
Maintenance Margin |
35,000 |
8,800 |
Futures Contract size: Index Level (Buy/Sell) x Multiplier (1,000
baht/index)
Example: If the investor Buy SET 50 index Futures at 500 point
So, The Contract
size = 500 x 1,000
= 500,000 baht
External
Seminar Internal
training TFEX
Futures Camp Challenge 2007
- TFEX Website
- SET Website
- SEC
- BOT Website
- Thaivi.com
- Money.cnn.com
- Finance.yahoo.com
- Mof.go.th
- Finpipe.com
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