Portfolio Presets
Deposited Capital
$10,000,000
Target Position Leverage
5x
Position Size (Notional USD)
$50,000,000
Asset & Entry Price (USD)
Collateral Asset & Custody Haircut
US Treasuries (T-Bills)
CFTC institutional custody tier
98% Value (2% haircut)
Cash USD
Direct SGX Clearing depository
100% Value (0% haircut)
Bitcoin (Spot Collateral)
Subject to volatility haircut
85% Value (15% haircut)
Daily Funding Basis Rate
0.012% / day
-0.050% (Shorts pay)
+0.012% (SGX Base)
+0.100% (High Bull)
SGX Traditional Clearing Notice: Unlike crypto-native exchanges that utilize automatic auto-deleveraging (ADL), SGX utilizes standard clearing member margin calls and traditional haircut valuation. Stablecoins are excluded due to depeg risk.
SGX Risk & Margin Assessment
COMPUTED NORMAL
Effective Collateral
$9,800,000
Post-haircut capital value
Initial Margin Required
$10,000,000
At selected 5x leverage
Liquidation Price
$78,850
From entry $95,000
Max Drawdown Buffer
17.0%
Adverse price move tolerance
Annualized Funding Cost
$2,190,000
Estimated 365-day carrying cost
Margin Coverage Ratio
98.0%
Effective Collateral / Required IM
Price Sensitivity & Margin Call / Liquidation Horizon
Entry: $95,000 | Liq: $78,850
CFTC Reg 48.10 Compliance Summary
Eligible US Institutional Investors trade SGX Bitcoin and Ether perpetual contracts directly via Foreign Board of Trade (FBOT) registration rules without requiring domestic CFTC contract registration. SGX employs two-way collateral segregation with margin calls issued prior to liquidation thresholds.