High Margin Requirements (HMR)

A higher margin requirement is set during some key events and specific time periods, which impact the general volatility of the market.

The HMR period can be extended based on risk management decisions depending on each news’ impact.

Higher margin requirements are applied to new orders or orders reopened as a result of other closed positions during:

• News releases
• Weekends and public holidays
• Rollovers

News releases

When important economic news is published that involves a trading instrument, orders opened 10 minutes before and 5 minutes after the news release will have higher margin requirements applied.This mitigates a trader's exposure to the risk of price instability during economic events. 5 minutes after the news release, higher margin requirements are lifted, and the margin is recalculated based on the equity of the trading account and its set leverage. You can find out when major economic news is due for release on our Economic calendar.

Rollovers, Weekends and public holidays

Some trading instruments are subject to trading breaks during the weekends and public holidays. Also, all instruments have a rollover time. Higher margin requirements are applied to these instruments during this period.

HMR leverage

Find HMR leverage of all impacted symbols in the table below.

HMR period

Find HMR period for all events, which impact the general volatility in the list below.

News releases

• Forex majors, Forex minors: 10 min before and 5 min after
• XAUUSD, XAGUSD, XAUUAD, XAUEUR, XAUGBP, XAGEUR: 10 min before and 5 min after
• Indices
  • US30, US100, US500: 10 min before and 5 min after
• BRENT, WTI, XNGUSD: 10 min before and 5 min after
• Shares: 1440 min* before and 5 min after

Rollovers

• XAUUSD, XAGUSD, XAUUAD, XAUEUR, XAUGBP, XAGEUR: 10 min before and 10 min after
• Indices
  • US30, US100, US500: 60 min before and 30 min after
  • DE40, EU50, UK100, FR40: 60 min before and 480 min after
  • ES35, JP225: 60 min before and 60 min after
  • HK5: 60 min before and 180 min after
  • AU200: 60 min before and 120 min after
  • CHA50, SGD20: 60 min before and 240 min after
  • Shares: 60 min before and 5 min after

Weekends and public holidays

• Forex majors, Forex minors: 180 min before and 60 min after
• XAUUSD, XAGUSD, XAUUAD, XAUEUR, XAUGBP, XAGEUR: 10 min before and 10 min after
• Indices
  • US30, US100, US500: 60 min before and 30 min after
  • DE40, EU50, UK100, FR40: 60 min before and 480 min after
  • ES35, JP225: 60 min before and 60 min after
  • HK5: 60 min before and 180 min after
  • AU200: 60 min before and 120 min after
  • CHA50, SGD20: 60 min before and 240 min after
• Shares: 60 min before and 5 min after

*High margin requirements are applied to Shares starting from 24 hours prior to the release of earnings and dividends reports.

How to Check HMR Status in the JustMarkets Trading App

In the JustMarkets Trading App, the High Margin Requirements (HMR) status is a key feature designed to notify traders when certain financial instruments require a higher margin than usual. Understanding when the HMR period is active is crucial for managing your risk and optimizing your trading strategy. Here’s how you can check whether an HMR period is active or inactive:

In the Trade Section

When HMR is active for a financial instrument, a red HMR icon will appear next to it in the Trade section of the app. This icon is a clear indicator that higher margin requirements are in effect for that specific instrument.

• Active HMR Icon (Red):
  If you see a red HMR icon next to a financial instrument, it means the instrument is currently under a High Margin Requirement period. You should be aware that during this time, leverage is reduced, and more margin is required for trading.
• Inactive HMR Icon:
  Once the HMR period ends, the red icon will disappear from the Trade section, signaling that standard margin requirements have been restored.

On the Chart

On the Chart, you’ll find detailed information about the margin requirements for specific financial instruments:

• Inactive HMR Icon (Grey):
  If the HMR period isn’t active for a particular instrument, a gray HMR icon will be displayed next to the instrument’s name. This gray icon is inactive and indicates that the instrument is currently under normal margin conditions.
• Active HMR Icon (Red):
  If the HMR period is active for an instrument, the icon will turn red and active, signifying that higher margin requirements are in place.

Provided Information on HMR Status

By tapping the HMR icon (either in the Trade or Instruments section), traders can access additional crucial information regarding the HMR status, including:

• HMR Status (Active/Inactive): The app will display whether the HMR period is currently active or inactive.
• Start Time and Date of the Next HMR Period: Traders can view the exact time and date when the next HMR period will begin, allowing them to prepare for higher margin requirements.
• End Time of the Current HMR Period: The app provides the scheduled end time for the current HMR period, helping you know when standard margin requirements will resume.
• Maximum Leverage Available During the HMR Period: During an HMR period, the maximum leverage available is reduced. By tapping the HMR icon, traders can view the specific leverage cap that applies during the active period.

Examples

Example 1

HMR during news release

• News release of Personal Consumption Expenditure Core (YoY) are planned at 12:30

Hence required margin for the trade USDJPY 1 lot is:
Required margin (HMR) = 1*100,000USD/200 = 500 USD instead of 33.33 USD (if there are no any news releases and other HMR cases).

Example 2

HMR during rollover

• Rollover time 00:00

Hence required margin for the trade XAUUSD 0.5 lot is:
XAUUSD contract size = 100
XAUUSD price = 1,933.50

Required margin (HMR) = 0.5*100*1,933.5/1,000 = 96.68 USD instead of 32.23 USD.