FTSE 100 Index Future margin
ICE Futures Europe (ICE Futures Europe), equity index
- Tick
- £50.5 per tick
- One point
- £10per contract
- Initial margin
- £5,201exchange, as of 27 Oct 2026
- Front contract
- ZZ26roll by 11 Dec 2026
Margin as of How we source this
Changed on 23 Oct 2026: initial was £5,210(-0.2%), maintenance was £5,210. All recent changes
Details
| Contract month | December 2026 |
|---|---|
| How initial is set | ICE Clear Europe SPAN scanning range per outright contract |
| Source | https://www.ice.com/publicdocs/nyse_liffe/irmParameters/LIFFE_MARGIN_SCANNING_20261023.CSV (effective 23 Oct 2026) |
| Exchange margin page | https://www.ice.com/products/38716764/FTSE-100-Index-Future/margin-rates |
| Fetched | 27 Oct 2026 |
How exchange margin works
Margin is the deposit the clearing house requires to hold one FTSE 100 Index Future (Z) futures contract overnight. It is a performance bond, not a payment: it secures the daily settlement of gains and losses. For the December 2026 contract, the exchange initial margin is £5,201 and the maintenance margin is £5,201. Initial margin is what you need to open a position; if your account falls below maintenance, you will be asked to bring it back up to initial.
ICE Clear Europe publishes a SPAN scanning range per contract, which is the outright margin for one contract. There is no separate maintenance level, so the same figure is shown for both. These are exchange minimums. Brokers set their own requirements, which are usually higher, and many offer lower intraday “day-trading” margins that apply only to positions closed before the session ends. Those broker figures are not shown here.
Clearing houses change margins whenever volatility changes, sometimes with one day's notice. This page is rebuilt daily from the clearing house's published figures; the as-of date tells you when the value was fetched, and the changes page lists every contract whose margin moved in the last seven days.
Margin for several contracts
Questions
- What is the margin for Z?
- As of 27 Oct 2026, exchange initial margin is £5,201 and maintenance margin is £5,201 per contract.
- Why is my broker's Z margin different?
- Brokers may require more than the exchange minimum shown here, and day-trading margins are set by brokers, not the exchange.
- How often does Z margin change?
- The clearing house reviews margins continuously and changes them when volatility moves. This page is updated daily.