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HKFE Announces Revised Margins for China Unicom Futures

Market Operations
29 Apr 2011

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

 

 

HKFE Announces Revised Margins for China Unicom 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 Wednesday, 4 May 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 Unicom (Hong Kong) Limited Full Rate 3,520 /lot 2,820 /lot
Spread Rate 1,060 /spread 846 /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 29 Apr 2011