1) Changes to presidential election futures margin requirements!
ftx.com/trade/TRUMP
The election is soon, so volatility will increase.
As such, margin requirements will go up for president2020 contracts.
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2) In 24 hours (2020-10-31 8am HKT), we will
a) increase initial margin requirement to $0.50, so you need $0.50 to get short 1 TRUMP or $0.36 (the current price of TRUMP) to get long 1 TRUMP
b) increase maintenance margin requirement to $0.40 - $0.10 * days until the election
Replying to
3) this applies to BIDEN as well, obviously.
If you have a position in the contracts, make sure to manage your risk going into the election!
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"b) increase maintenance margin requirement" this may cause current positions to be liquidated, which is quite unfair for high leverage users. They may be either partially liquidated or have to expose more risks if they want to insist on their longs or shorts.
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