HKFE Announces Revised Margins For H-shares Index, Mini H-Shares Index, Bank Of China, And Industrial And Commercial Bank Of China Futures

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 Friday, 15 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$)		Maintenance Margin (HK$)

H-shares Index	Full Rate	44,200	/lot	35,350	/lot
H-shares Index	Spread Rate	13,300	/spread	10,650	/spread

Mini H-shares Index	Full Rate	8,840	/lot	7,070	/lot
Mini H-shares Index	Spread Rate	2,660	/spread	2,130	/spread

Bank of China Limited	Full Rate	274	/lot	220	/lot
Bank of China Limited	Spread Rate	83	/spread	66	/spread

Industrial and Commercial Bank of China Ltd	Full Rate	446	/lot	357	/lot
Industrial and Commercial Bank of China Ltd	Spread Rate	134	/spread	108	/spread

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