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FTSE Mondo Visione Exchanges Index:

HKFE Announces Revised Margins For Aluminum Corporation And Hutchison Whampoa Futures

Date 11/04/2013

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 Monday, 15 April 2013, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts 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$)

 

 

 

 

Aluminum Corporation of China Limited

Full Rate

611

/lot

489

/lot

Spread Rate

184

/spread

147

/spread

 

 

 

 

Hutchison Whampoa Limited

Full Rate

5,650

/lot

4,520

/lot

Spread Rate

1,700

/spread

1,360

/spread

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