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HKFE Announces Revised Margins for Futures Contracts

Market Operations
25 Mar 2014

Hong Kong Futures Exchange
(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)

 

HKFE Announces Revised Margins for Futures Contracts

 

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 Thursday, 27 March 2014, 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 normal procedures and standard margining methodology.

For the current margins, please refer to the margin information on the HKEx website.

Futures Contract Margin Rate Initial Margin
(HK$)
Maintenance Margin
(HK$)
China Communications Construction Company
Limited
Full Rate 451 /lot 361 /lot
Spread Rate 136 /spread 109 /spread
China Mobile Limited Full Rate 2,620 /lot 2,100 /lot
Spread Rate 786 /spread 630 /spread
Hutchison Whampoa Limited Full Rate 9,410 /lot 7,530 /lot
Spread Rate 2,830 /spread 2,260 /spread
PetroChina Company Limited Full Rate 1,250 /lot 1,000 /lot
Spread Rate 375 /spread 300 /spread

HKFE emphasises that the above are minimum rates and Exchange Participants should set their margin requirements according to their clients’ individual circumstances.

 

Ends

Updated 25 Mar 2014