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HKFE Announces Revised Margins For China Construction Bank And Industrial And Commercial Bank Futures

Date 28/06/2013

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 Wednesday, 3 July 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$)

 

 

 

 

China Construction Bank Corporation

Full Rate

521

/lot

417

/lot

Spread Rate

157

/spread

126

/spread

 

 

 

 

Industrial and Commercial Bank of China Limited

Full Rate

429

/lot

343

/lot

Spread Rate

129

/spread

103

/spread

 

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