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Product LoginTuesday, April 11, 2017
Options Trader Alert #2017 - 26
Nasdaq ISE FX Options Margin Levels
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Nasdaq ISE has determined applicable margin levels for each currency product pursuant to Nasdaq ISE Rule 1202(d), which requires the Exchange to review five-day price changes over the preceding three-year period. The margin level is set at a level that would have covered price movements during the review period at least 97.5% of the time (“confidence level”). Nasdaq ISE will review these margin levels each quarter in January, April, July, and October. Upon completion of its review, Nasdaq ISE FX margin levels for the trading period April 13, 2017 – July 14, 2017, will be as follows:
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