Margin Rates Set for China Construction Bank Corporation Futures
Market Operations
14 Dec 2005
Hong Kong Futures Exchange
(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)
Margin Rates Set for China Construction Bank Corporation Futures
Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited, has set margin rates for China Construction Bank Corporation Futures, which will be introduced on Monday, 19 December 2005.
The table below shows the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the contract:
|
Futures Contract |
Margin Rate |
Initial Margin
(HK$) |
Maintenance Margin
(HK$) |
|
China Construction Bank Corporation |
Full Rate |
159 |
/lot |
127 |
/lot |
|
Spread Rate |
48 |
/spread |
38 |
/spread |
HKFE emphasises that the above are minimum rates and Exchange Participants should set their margin requirements according to their clients' individual circumstances.