Margin Rates Set for Hang Seng China H-Financials Index Futures
Market Operations
12 Apr 2007
Hong Kong Futures Exchange
(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)
Margin Rates Set for
Hang Seng
China
H-Financials Index
Futures
Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited, has set margin rates for the Hang Seng China H-Financials Index Futures contract, which will be introduced on Monday, 16 April 2007.
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$)
|
Maintenance Margin
(HK$)
|
Hang Seng China
H-Financials Index Futures |
Full Rate |
43,000 |
/lot |
34,400 |
/lot |
| Spread Rate |
12,900 |
/spread |
10,320 |
/spread |
HKFE emphasises that the above are minimum rates and Exchange Participants should set their margin requirements according to their clients' individual circumstances.