Margins Explanation: (Maintenance vs. DayTrade)

Margins Explanation: (Maintenance vs. Day Trading)

The Maintenance Margin is set by the exchange. This is the amount required to carry a contract past the daily close.

Day Trading Margin is set by AMP Global. Day Trade Margin is solely the amount required to enter into a position per contract on an intraday day basis. It is NOT the risk liquidation trigger nor the maximum amount your account can lose.

Day Trading Margins are in effect anytime the market is open (both Day and Overnight Trading Sessions), except for the last 5 minutes of each trading session. AMP Global requests that you either flatten open positions or meet the exchange required maintenance margin 5 minutes before the daily close.

The Maximum Position Limit for symbol M2K is 1,000 contracts and MES, MNQ, MYM is 500 contracts.