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FTSE Mondo Visione Exchanges Index:

HKFE Announces Revised Margins For China Construction Bank And PetroChina Futures

Date 15/07/2011

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, 18 July 2011, 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$)

China Construction Bank Corporation

Full Rate

531

/lot

425

/lot

Spread Rate

160

/spread

128

/spread

PetroChina Company Limited 

Full Rate

1,670

/lot

1,330

/lot

Spread Rate

501

/spread

399

/spread

 

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