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FTSE Mondo Visione Exchanges Index:

HKFE Announces Revised Margins For China Mobile, HKEx And Hutchison Whampoa Futures

Date 10/10/2011

 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 Wednesday, 12 October 2011, 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 Mobile Ltd.

Full Rate

3,250

/lot

2,600

/lot

Spread Rate

975

/spread

780

/spread

 

 

 

 

Hong Kong Exchanges and Clearing Ltd.

Full Rate

 1,900

/lot

1,520

/lot

Spread Rate

570

/spread

456

/spread

 

 

 

 

Hutchison Whampoa Ltd.

Full Rate

10,750

/lot

8,600

/lot

Spread Rate

3,230

/spread

2,580

/spread

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