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HKFE Announces Revised Margins for China Life Insurance and Ping An Insurance Futures

Market Operations
05 Jul 2011

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

 

 

HKFE Announces Revised Margins for China Life Insurance and Ping An Insurance 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 Thursday, 7 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 Life Insurance Company Limited Full Rate 2,190 /lot 1,750 /lot
Spread Rate 657 /spread 525 /spread
Ping An Insurance (Group) Company of China, Ltd. Full Rate 2,880 /lot 2,310 /lot
Spread Rate 864 /spread 693 /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 05 Jul 2011