What Is Maintenance Margin?
The minimum amount of equity that must be maintained in a futures account to keep a position open. If account equity falls below this level due to adverse price movements, a margin call is issued requiring the trader to deposit additional funds.
Maintenance Margin across 2 exams
Maintenance Margin appears on the following exams. Each defines it in the context candidates are tested on:
- Series 3
- The minimum amount of equity that must be maintained in a futures account to keep a position open. If account equity falls below this level due to adverse price movements, a margin call is issued requiring the trader to deposit additional funds.
- Series 9/10
- The minimum amount of equity a customer must keep in a margin account after the initial purchase, below which a margin call is triggered. Supervisors monitor accounts to ensure equity stays above this threshold.