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Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Tuesday, 16 February 2016, the margin levels of the following Futures Contracts shall be as follows:
| Client Margin | Clearing House Margin | |||
| Initial (RMB) | Maintenance (RMB) | (RMB) | ||
| USD/CNH Futures | Full Rate
Spread Rate Spot Month Charge* |
16,690 /lot
10,020 /spread 3,340 /lot |
13,360 /lot
8,020 /spread 2,680 /lot |
12,630 /lot
7,580 /spread 2,530 /lot |
| Client Margin | Clearing House Margin | |||
| Initial (HK$) | Maintenance (HK$) | (HK$) | ||
| HSBC Holdings Plc. Futures | Full Rate
Spread Rate |
2,020 /lot
606 /spread |
1,620 /lot
486 /spread |
1,550 /lot
465 /spread |
*Spot Month Charge will be imposed on the spot month contract during the last four business days before the business day immediately preceding the final settlement day
Please be reminded that the above minimum margin rates are for your firm’s financially strongest clients. Exchange Participants should set their margin requirements according to each client’s individual circumstances.
