Market Turnover
-






-
-
|
|
|
|
|
|
-
-
-
Loading

HKFE Announces Revised Margins for Esprit Holdings Futures

Market Operations
04 Nov 2013

Hong Kong Futures Exchange
(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)

HKFE Announces Revised Margins for Esprit Holdings 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 Wednesday, 6 November 2013, 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$)
Maintenance Margin
(HK$)
Esprit Holdings Ltd.

Full Rate 119 /lot 96 /lot
Spread Rate 36 /spread 29 /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 04 Nov 2013