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HKFE Announces Revised Margins for China Construction Bank Futures

Market Operations
07 Jul 2011

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

 

 

HKFE Announces Revised Margins for China Construction Bank Futures

 

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 Monday, 11 July 2011, 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 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 Construction Bank Corporation Full Rate 460 /lot 368 /lot
Spread Rate 138 /spread 111 /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 07 Jul 2011