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HKFE Announces Revised Margins for China Construction Bank and PetroChina Futures

Market Operations
15 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 and PetroChina 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, 18 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 531 /lot 425 /lot
Spread Rate 160 /spread 128 /spread
PetroChina Company Limited Full Rate 1,670 /lot 1,330 /lot
Spread Rate 501 /spread 399 /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 15 Jul 2011