Ahead of major economic announcements, markets can experience increased volatility, faster price movement, and wider swings in market conditions. In situations like this, temporary margin adjustments may be made to reflect elevated risk and help support risk management for clients.
What You'll Learn
Why temporary margin adjustments may be made ahead of major economic announcements
Which margin requirements are temporarily increased and when the changes take effect
Where to find the updated Place Order Margin and Day Margin requirements for each product
Current Temporary Margin Adjustments
In anticipation of upcoming events, Place Order Margin and Day Margin requirements will be temporarily increased, effective Thursday October 1st, at 5:00 PM CT.
Timing may change based on market conditions and risk decisions. Please review the updated margin requirements in the table below before placing trades.
Topstep Brokerage reserves the right to increase/modify margin requirements as deemed necessary by the Risk team.
Updated place order margin and day margin requirements are shown below:
Product Name | Exchange | Product Code | PlaceOrderMargin | DayMargin |
10-Year Note | CBOT | 21 | 720 | 600 |
10-Year Ultra-Note | CBOT | TN | 1050 | 900 |
1-Ounce Gold | COMEX | 1OZ | 90 | 75 |
2-Year Note | CBOT | 26 | 720 | 600 |
30-Year Bond | CBOT | 17 | 1800 | 1500 |
5-Year Note | CBOT | 25 | 720 | 600 |
Australian $ | CME | AD | 720 | 600 |
British Pound | CME | BP | 1260 | 1050 |
Canadian $ | CME | C1 | 540 | 450 |
Copper | COMEX | HG | 2160 | 1800 |
Corn | CBOT | C | 960 | 750 |
Crude Oil | NYMEX | CL | 3000 | 2400 |
E-mini Crude Oil | NYMEX | QM | 1500 | 1200 |
E-mini Euro FX | CME | E7 | 570 | 450 |
E-mini NASDAQ 100 | CME | NQ | 3750 | 3000 |
E-mini Natural Gas | NYMEX | QG | 960 | 750 |
E-mini Russell 2000 | CME | RTY | 1890 | 1500 |
E-mini S&P 500 | CME | ES | 1890 | 1500 |
E-mini S&P MidCap 400 | CME | EMD | 3750 | 3000 |
Euro FX | CME | EC | 900 | 750 |
Gold | COMEX | GC | 3750 | 3000 |
Heating Oil | NYMEX | HO | 5625 | 4500 |
Japanese Yen | CME | J1 | 900 | 750 |
Lean Hogs | CME | LN | 945 | 750 |
Live Cattle | CME | 48 | 1125 | 903 |
Mexican Peso | CME | MP | 720 | 600 |
Micro AUD/USD | CME | M6A | 150 | 120 |
Micro Bitcoin | CME | MBT | 375 | 300 |
Micro Copper | COMEX | MHG | 570 | 450 |
Micro Crude Oil | NYMEX | MCL | 300 | 240 |
Micro E-mini NASDAQ 100 | CME | MNQ | 390 | 300 |
Micro E-mini Russell 2000 | CME | M2K | 210 | 150 |
Micro E-mini S&P | CME | MES | 210 | 150 |
Micro Ether | CME | MET | 90 | 60 |
Micro Euro FX | CME | M6E | 210 | 150 |
Micro GBP/USD | CME | M6B | 210 | 150 |
Micro Gold | COMEX | MGC | 375 | 300 |
Micro Henry Hub Natural Gas | NYMEX | MNG | 375 | 300 |
Micro Mini-DOW | CBOT | MYM | 210 | 150 |
Micro Silver | COMEX | SIL | 1125 | 900 |
Mini-DOW | CBOT | YM | 1890 | 1500 |
Natural Gas | NYMEX | NG | 3750 | 3000 |
New Zealand $ | CME | NE | 945 | 750 |
Nikkei NKD | CME | NK | 5625 | 4500 |
Platinum | NYMEX | PL | 2580 | 2070 |
RBOB Gasoline | NYMEX | RB | 3750 | 3000 |
Silver | COMEX | SI | 5625 | 4500 |
Soybean Meal | CBOT | 6 | 1440 | 1200 |
Soybean Oil | CBOT | 7 | 1260 | 1050 |
Soybeans | CBOT | S | 1800 | 1500 |
Swiss Franc | CME | E1 | 1260 | 1050 |
Ultra-Bond | CBOT | UBE | 1800 | 1500 |
Wheat | CBOT | W | 945 | 750 |
Frequently Asked Questions
What are temporary margin adjustments?
Ahead of major economic announcements, markets can experience increased volatility. Temporary margin adjustments may be made to reflect elevated risk and help support risk management for clients.
Which margin requirements are affected?
Place Order Margin and Day Margin requirements are temporarily increased. The updated requirements for each product are listed in the table above.
Can margin requirements be changed again?
Yes. Topstep Brokerage reserves the right to increase or modify margin requirements as deemed necessary by the Risk team.
What should I do before placing trades?
Review the updated margin requirements in the table above before placing trades.
If you have any questions about temporary margin adjustments, please contact our Support Team.