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USDCAD option margin anomaly


OptionsTraderNew

Question

Hi 

If I try to sell  ONE contract for the USDCAD 12750 CALL 02/04/21 expiry the margin required is CAD 624.98 (or 359.38 GBP)

However if I try to sell TEN contracts for exactly the same option the margin required is CAD 11876 (or 6828 GBP)

 

Why is that? I've done the same check in other pairs and the margin behaves logically, i.e. ONE contract for the GBPUSD 14100 call 26/03/21 is USD 695 (or 500 GBP) --- TEN contracts for the same option require USD 6956 (or 5000 GBP) which makes sense.  

 

Why is that?

image.png.a220bcbbbdc33936bb4944387e9b2bb2.pngimage.png.53fe3296de1646a0c74b64008c905649.png

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