Market Turnover
-






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

HKFE Announces Revised Margins for Swire Pacific A Futures

Market Operations
21 Apr 2010

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 Thursday, 22 April 2010, 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$)
Maintenance Margin
(HK$)

Swire Pacific Limited “A”
(Trading symbol = SWB)

Full Rate

3,150

/lot

2,520

/lot

Spread Rate

945

/spread

756

/spread

Note: The margin levels of the standard Swire Pacific Limited “A” futures contract (trading symbol = SWA) remain unchanged.

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


Ends

Updated 21 Apr 2010