All futures contracts require initial margin. Generally, we adhere to the margin requirement prescribed by the exchanges which is usually about 5% to 10% of the contract value with maintenance margin at about 80%. The margins are subject to change without prior notice, depending on market volatility.
Margin call
There will be a margin call when the amount in the account falls below the maintenance margin requirements. You may make use of either or a combination of the following methods to fulfil the margin call:
1) Bring in new funds by the next market day to top up to initial margin levels and maintain your positions.
2) Liquidate some or all your positions to satisfy the margin call. Margin calls are considered satisfied upon end-day settlement (i.e. next trading day).
New positions cannot be initiated until the margin call is fulfilled.
If margin calls are not satisfied, OCBC Securities reserves the right to liquidate some or all of your open positions.
Even if no margin calls are made, OCBC Securities reserve the right to liquidate your open positions if the equity in your account falls below 30% of the initial margin requirements of all your open positions, where equity is calculated by:
Equity = Value of all initial margin + Unrealised profit of all open positions - Unrealised loss of all open positions
Unrealised profit or unrealised loss of all your open positions shall be determined by OCBC Securities' sole discretion, with reference to the then-prevailing bid, offer or last transacted price of the contract.
LEVERAGED FUTURES ACCOUNT
Capitalise on the futures & options market
What are you here for?
Visit OCBC Securities branch
To apply in person, visit us with the required supporting documents:
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Your identification document(s)
- For Singaporeans or Singapore Permanent Residents: Your passport and your NRIC/SAF Identity Card/SPF ID
- For Malaysians: Your identity card and, if applicable, a Singapore residence pass (e.g. employment pass)
- For others: Your passport and, if applicable, a Singapore residence pass (e.g. employment pass)
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The original or an electronic copy of any of these documents that show your name and address:
- Phone bill
- Bank statement
- Income tax statement
- CPF statement
- CDP statement
If your mailing address differs from your residential address, please prepare one document for each address. The document(s) must be dated within the last three months.
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Our address:
18 Church Street, #01-00 OCBC Centre South
SIngapore 049479
Get a Trading Representative to contact you
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E-Mini S&P 500, E-Mini Dow Jones $5, MCSI Singapore Index Futures and Options
Euro FX, Australian dollar, British pounds
Rubber, Iron Ore, Freight, Coffee, Cocoa, Sugar
Crude Oil, Brent Crude, Natural Gas
Gold, Silver, Palladium, Platinum
10/5/2 Years Treasury Notes, 30 Years Treasury Bonds
Email our Futures desk to find out about other futures products available through OCBC Securities.
Eligibility requirements
Age limit
21 to 62 years old
Specified Investment Products (SIPs) qualified traders
Deposit requirements
Initial deposit
- S$10,000 for Singaporeans and Singapore PRs
- US$20,000 for non-Singaporeans (excluding Singapore PRs)
- US$30,000 for Corporates
Explore the world of futures trading with us
Or email us at futuresdesk2@ocbc.com for a demo account
Common question
Share Financing
A leveraged trading account that lets you increase your share purchasing power by pledging your cash or securities as collateral.
Futures Account
An account for trading futures and options.
Share Borrowing Account
A leveraged account that lets you borrow shares for short selling, hedging, and other strategies.