No more day trading margin discount to /NG

Discussion in 'Commodity Futures' started by heispark, May 10, 2023.

  1. heispark


    My broker AMP doesn't provide day trading margin discount to /NG anymore even though its volatility has been down significantly. Is this also true to other brokers? I think it's because /NG is not very popular product to traders...... :(

    murray t turtle likes this.
  2. maxinger


    I see that you have QG, & no NG.

    It happens to one of my brokers too.

    IB still provides both NG and QG.
    I have to use IB to trade NG.
    Last edited: May 10, 2023
  3. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    We provide daytrading margins of $1150 for NG with a few different trading platforms.
    Happy to share more info or answer questions.
    heispark likes this.
  4. %%
    Maybe right ''has been down lately.''
    T Boone Pickens went bankrupt on a nat gas co of his. Overall a good fund, BP Capital manager , i think. Since a broker tends to make more on more leverage; i figure its a good thing if they increase margins , which reduces leverage.
    But with auto liquidation, a lot of stuff could work.
  5. Overnight


    No, it's most likely due to some irresponsible traders blowing out their accounts on the widowmakers (NG,RB,HO) and left them holding the bag.
    heispark likes this.