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 TRADING
Diversify your portfolio by trading in the global futures 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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Explore the world of futures trading with us
or email us at futuresdesk2@ocbc.com for a demo account
Common question
You can access a comprehensive range of futures including Stock Indices, Currencies, Commodities, Energy, Metals and Interest Rates through our Leveraged Futures trading account. Find out more.
Specified Investment Products (SIPs) are complex financial products that have structures, features and risks that are more difficult to understand. You will need to meet certain educational qualifications, investment experience or work experience to be qualified, and additionally complete and submit a Customer Account Review (CAR) declaration form.
Leveraged futures allow you to trade global futures markets using only a fraction of the contract value. These contracts provide access to products such as commodities, indices, currencies, metals, energies and interest rates. Because they are leveraged instruments, small market movements can result in proportionally larger gains or losses.
Leveraged futures are highly risky and complex instruments, and you can lose more than your initial deposit. Leverage magnifies both profits and losses, and adverse market movements can trigger margin calls. During extreme market conditions, your positions may be liquidated if your equity falls below 30% of initial margin requirements.
All futures contracts require an initial margin to be posted prior to the commencement of trading. This margin is established by the exchange and may be subject to adjustment, including markups in exceptional cases involving higher risk profiles. Please note that margin requirements, including both initial and maintenance margins, are subject to change without prior notice.
You can trade a wide range of futures, including stock index futures, currency futures, commodity futures, metals, energies and interest-rate futures. These products can be accessed through a leveraged futures account.
Leverage increases your market exposure by allowing you to control a large contract value with a relatively small margin. This means gains can be amplified when the market moves in your favour. However, losses are also amplified when the market moves against you, which may lead to margin calls or forced liquidation.
A margin call occurs when your account balance falls below the maintenance margin requirement. You can meet the call by depositing new funds or by closing some or all of your positions. New positions cannot be initiated until the margin call is fulfilled, and non-compliance may result in forced liquidation of open positions.
Positions may be liquidated if you do not meet a margin call. Even without a margin call, positions may be liquidated if your equity falls below 30% of initial margin requirements. Unrealised profits and losses are determined using prevailing bid, offer or last-transacted prices.
Yes, you can take either long or short positions when trading leveraged futures. This flexibility provides trading opportunities in both rising and falling markets. It allows traders to implement directional or hedging strategies depending on market conditions.
You can request for a demo account by emailing futuresdesk2@ocbc.com. A demo account allows you to familiarise yourself with the trading environment before opening a full account.