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Margin Call Policies
Initial Margin
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All commodity contracts have initial margin requirements to be placed before you can execute a trade. Click Here for the list of margin requirements.
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The initial margin applied at MXV is 120% of the initial margin at interconnected foreign commodity exchanges, excluding LME.
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This margin will be calculated using the exchange rate announced by MXV at each point in time.
Margin Requirement
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The minimum margin amount required in the commodity trading account to fulfill obligations in trading, including opening and maintaining position
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Margin requirement = Initial margin x Margin coefficient
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Current margin coefficients applied by MXV are:
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Corporate clients 1.0
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Individual clients 1.2
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Maintenance Margin
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It is the minimum margin amount that clients must have in their commodity trading account to maintain open positions.
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If the net value of the trading account decreases below the maintenance margin level, the client will receive a Margin Call notification. The client needs to supplement the margin to the required margin level.
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Currently, MXV is applying a maintenance margin level equal to 100% of the margin requirement.
Cancellation level of pending orders
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Currently, the cancellation level for pending orders in the trading account is set at 70% of the total margin requirement
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Violation of this margin level, the client's pending orders will be canceled entirely to ensure margin safety.
Required position settlement level
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The mandatory position liquidation level of the trading account is set at 40% of the total margin requirement.
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Breaching this level requires clients to supplement the margin within 30 minutes, or the trading account will undergo mandatory position liquidation.