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 |
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.