Thursday November 20 2014
News Source: Global Exchanges
Focus: Derivative Market Segment
Type: General
Country: Hong Kong
Link: http://www.hkex.com.hk/eng/newsconsul/hkexnews/2014/Documents/141120news.pdf
Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on 24th November 2014, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contract will be as outlined below. The adjustments are based on the clearing company’s normal procedures and standard margining methodology.
|
Futures Contract |
Margin Rate |
Initial Margin (HK$) |
Maintenance Margin (HK$) |
|
Hong Kong Exchanges and Clearing Limited |
Full Rate |
1,620 /lot |
1,300 /lot |
|
Spread Rate |
486 /spread |
390 /spread |
HKFE has emphasised that the above are minimum rates and Exchange Participants should set their margin requirements according to their clients’ individual circumstances.
Click link above for further details.