Margin Rates for Futures

Margin Rates for Futures Before engaging in derivatives trading, customers are required to deposit collateral at least one business day prior to, or at the latest, on the same business day of the trade, and notify the company to adjust the margin value in the customer's account. There are 3 types of collateral:

• Initial Margin - IM: The collateral that customers must deposit with the company before initiating derivative trades.
• Maintenance Margin - MM: The minimum collateral required to be maintained in the account. If the account balance falls below this level, a margin call will be issued, and the customer will need to deposit additional funds.
• Force Close Margin - FM: If a margin call is made and the customer fails to meet the margin requirement within the specified timeframe, the customer’s position will be forcibly closed. This may involve selling the derivative in the market if the position is long, or buying it back if the position is short.

Fee Rates

The trading fees are calculated at a fixed rate per contract, based on the number of contracts traded daily. The calculation follows a tiered method (excluding VAT), as outlined in the announcement from the Futures Industry Club. These rates have been in effect since May 6, 2014, and may be subject to change. For any updates, please consult your investment advisor or contact us at 02-680-0740.