Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKFE Announces Revised Margins For Henderson Land Futures

Date 04/06/2013

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, 5 June 2013, 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.

 
Please see the 26 March 2013 HKEx news release
 for details of Henderson Land Development Co. Ltd’s futures contracts in the table below.

 For the current margins, please refer to the margin information on the HKEx website.

Futures Contract

Margin Rate

Initial Margin
(HK$)

Maintenance Margin
(HK$)

 

 

 

 

Henderson Land Development Co. Ltd.
(HLD: Multiplier = 1,000)

Full Rate

3,191

/lot

2,582

/lot

Spread Rate

964

/spread

775

/spread

 

 

 

 

Henderson Land Development Co. Ltd.
(HLA: Multiplier = 1,100)

Full Rate

3,510

/lot

2,840

/lot

Spread Rate

1,060

/spread

852

/spread

 

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