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Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Thursday, 11 December 2014, 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 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$) | Maintenance Margin (HK$) |
| Bank of China Ltd. | Full Rate Spread Rate | 368/lot 111/spread | 295/lot 89/spread |
| China Construction Bank Corporation | Full Rate Spread Rate | 432/lot 130/spread | 346/lot 104/spread |
| Industrial and Commercial Bank of China Limited | Full Rate Spread Rate | 356/lot 107/spread | 285/lot 86/spread |
| Ping An Insurance (Group) Co. of China, Ltd. | Full Rate Spread Rate | 3,600/lot 1,080/spread | 2,880/lot 864/spread |
HKFE emphasises that the above are minimum rates and Exchange Participants should set their margin requirements according to their clients’ individual circumstances.
