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, 18 March 2015, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the CK Hutchison Holdings Limited (CKH) futures contracts will be as outlined in the table below. The margins are based on the clearing company’s normal procedures and standard margining methodology.
Please see the 9 February 2015 HKEx news release for details of the adjustment of CKH futures contracts (http://www.hkex.com.hk/eng/newsconsul/hkexnews/2015/150209news.htm
For the current margins, please refer to the margin information on the HKEx website at the following link http://www.hkex.com.hk/eng/market/rm/rm_dcrm/riskdata/margin_hkcc/fomargin.htm
| . Futures Contract | Margin Rate | Initial Margin (HK$) | Maintenance Margin (HK$) |
| CK Hutchison Holdings Limited (CKH: Multiplier = 500) | Full Rate Spread Rate | 6,160/lot 1,850/spread | 4,930/lot 1,480/spread |
| CK Hutchison Holdings Limited (CKB: Multiplier = 1,000) | Full Rate Spread Rate | 12,320/lot 3,700/spread | 9,860/lot 2,960/spread |
