The table below captures the initial margins that you will be required to put in a trade on currency futures of various pairs. The lot size refers to the equivalent of principal currencies. The normal margin is what is applicable in case of normal trading. The Intraday margin or the MIS margin is only for compulsory intraday square off. Such trades have to be necessarily closed out before 4.30 pm else the broker RMS will close out these trades.
Pair
Contract
Lot Size ()
Rate
Normal Margin
Intraday Margin
EURINR
Dec-18
1000
80.52
1876
1031
EURUSD
Dec-18
1000
80.51
2423
1332
GBPINR
Dec-18
1000
90.68
2375
1306
GBPUSD
Dec-18
1000
90.64
2782
1530
JPYINR
Dec-18
1000
62.63
1897
1043
USDINR
Dec-18
1000
71.01
1974
1085
USDJPY
Dec-18
1000
70.87
2133
1173
As can be seen from the above margin files, the initial margins are among the lowest in case of currency futures compared to commodity futures or even equity F&O trading. That is what makes currency futures attractive for traders.
The table below captures the initial margins that you will be required to put in a trade on currency futures of various pairs. The lot size refers to the equivalent of principal currencies. The normal margin is what is applicable in case of normal trading. The Intraday margin or the MIS margin is only for compulsory intraday square off. Such trades have to be necessarily closed out before 4.30 pm else the broker RMS will close out these trades.
Pair
Contract
Lot Size ()
Rate
Normal Margin
Intraday Margin
EURINR
Dec-18
1000
80.52
1876
1031
EURUSD
Dec-18
1000
80.51
2423
1332
GBPINR
Dec-18
1000
90.68
2375
1306
GBPUSD
Dec-18
1000
90.64
2782
1530
JPYINR
Dec-18
1000
62.63
1897
1043
USDINR
Dec-18
1000
71.01
1974
1085
USDJPY
Dec-18
1000
70.87
2133
1173
As can be seen from the above margin files, the initial margins are among the lowest in case of currency futures compared to commodity futures or even equity F&O trading. That is what makes currency futures attractive for traders.