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HKFE Announces Margin Rates for Hang Seng Properties Sub-index Futures

Market Operations
04 Jun 1999

Hong Kong Futures Exchange (HKFE) today announced margin rates for Hang Seng Properties Sub-index (PSI) Futures, effective from the commencement of trading on Wednesday, 9 June 1999 when PSI Futures make their debut on HKATS.

Futures Contract Margin Rates Initial Margin
(HK$)
Maintenance Margin (HK$)
Hang Seng Properties Sub-Index Futures Full Rates
Spread Rates
82,500
3,750
66,000
3,000
Futures Contract Margin Rates Initial Margin
(HK$)
Maintenance Margin (HK$)

The Exchange emphasises that the above are minimum rates and member firms should set their margin requirements according to their clients' individual circumstances.

The Hong Kong Futures Exchange is a leading futures and options market place in the Asia Pacific Region, with a membership of over 130 companies, including a number of major international institutions. The Exchange is actively diversifying its product base, which now includes currency, interest rate and equity-based products.

For further enquiries, please contact Mr Mark Tung on 2842 9448 or Miss Chiu Yeung on 2842 9322.

Updated 04 Jun 1999