List of foreign exchange (FX) spot risk margin rates for Canadian and U.S. base currency accounts

This list is published when a Group 1, 2, or 3 currency's spot risk margin rate is increased, because the volatility of the currency exceeds the volatility threshold that is set out in subsection 5462(2) of the IIROC Rules. In addition, the list is published when the increased spot risk margin rate for the currency is reduced, because a minimum of 30 trading days has passed since the currency's spot risk margin rate increase and the currency's volatility no longer exceeds the volatility threshold.  

A Dealer Member is to use this list, sections 5460 to 5469, and the list of foreign currency group in margining unhedged foreign exchange customer and Dealer Member (inventory) positions and any other customer and Dealer Member transactions that result in an exposure to foreign exchange risk.

List of foreign exchange (FX) spot risk margin rates for Canadian and U.S. base currency accounts - Attachment (pdf)