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HKFE Announces Revised Margins for H-shares Index, Mini H-shares Index, Bank of China, and Industrial and Commercial Bank of China Futures

Market Operations
14 Jul 2011

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

 

HKFE Announces Revised Margins for H-shares Index, Mini H-shares Index, Bank of China, and Industrial and Commercial Bank of China 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 Friday, 15 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$)
Maintenance Margin
(HK$)
H-shares Index Full Rate 44,200 /lot 35,350 /lot
Spread Rate 13,300 /spread 10,650 /spread
Mini H-shares Index Full Rate 8,840 /lot 7,070 /lot
Spread Rate 2,660 /spread 2,130 /spread
Bank of China Limited Full Rate 274 /lot 220 /lot
Spread Rate 83 /spread 66 /spread
 
Industrial and Commercial Bank of China Ltd Full Rate 446 /lot 357 /lot
Spread Rate 134 /spread 108 /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 14 Jul 2011