09.07.2015, 14:42
HKFE Announces Revised Margins for Futures Contracts
OREANDA-NEWS. Hong Kong Futures Exchange Limited (HKFE), a wholly - owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Friday, 10 July 201 5 , the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts will be as outlined in the table below. The adjustments are based on the clearing company’s norma l procedures and standard margining methodology.
HKFE emphasises that the above are minimum rates and Exchange Participants should set their margin requirements according to their clients’ individual circumstances.
Futures Contract | Margin Rate | Initial Margin ( HK\\$ ) | Maintenance Margin ( HK\\$ ) |
Hang Seng Index | Full Rate Spread Rate |
121,900/lot 24,400/spread |
97,550/lot 19,550/spread |
Mini - Hang Seng Index | Full Rate Spread Rate |
24,380/lot 4,880/spread |
19,510/lot 3,910/spread |
Hang Seng China Enterprises Index | Full Rate Spread Rate |
75,050/lot 22,550/spread |
60,050/lot 18,050/spread |
Mini - Hang Seng China Enterprises Index F | Full Rate Spread Rate |
15,010/lot 4,510/spread |
12,010/lot 3,610/spread |
Aluminum Corporation of China Ltd | Full Rate Spread Rate |
1,480/lot 444/spread |
1,190/lot 357/spread |
Industrial and Commercial Bank of China Limited | Full Rate Spread Rate |
472/lot 142/spread |
378/lot 114/spread |
HKFE emphasises that the above are minimum rates and Exchange Participants should set their margin requirements according to their clients’ individual circumstances.
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