Single Stock Futures Trading

Contact Broker for SSF trading
SSF home

SSF Margin Requirements:

• The basic margin requirement for security futures is 20% of the underlying value of the contract (initial and maintenance margin)
• This 20% minimum may be reduced for certain types of futures market positions, such as calendar and basket spreads,
  and for certain offsetting positions in stock options and cash securities, provided the security futures are held in securities accounts
• Margin requirements can be satisfied with cash, margin securities and open trade equity in other futures accounts
• Certain industry professionals (such as qualified market makers) are exempt from these requirements
• Portfolio-based margining (e.g. SPAN margining) is not yet permitted for customer positions in security futures. Firms will nonetheless
  continue to receive SPAN files that reflect the appropriate minimum margin requirements

SSF Contract Specifications:

Contract Size:     100 shares
Minimum Tick:     $0.01 = $1
Delivery Months: March, June, September, December.  As well as the first two serial months
Trading Hours:    8:30am-3:00pm, CST
Position Limits:    13,500 contracts (applies final 5 trading days)
Price Limits:        None
Reportable:         200 contracts or more
LTD:                   Third Friday of contract month
Delivery:             Physical delivery of underlying security
Short Sales:        No uptick rule; No borrowing costs
Exchange:           Execution by OneChicago; Clearing by OCC and CME