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FTSE Mondo Visione Exchanges Index:

HKFE Announces Revised Margins For HKEx And Ping An Insurance Futures

Date 14/04/2014

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, 16 April 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.

Futures Contract

Margin Rate

Initial Margin
(HK$)

Maintenance Margin
(HK$)

 

 

 

 

Hong Kong Exchanges and Clearing Limited

Full Rate

1,650

/lot

1,320

/lot

Spread Rate

495

/spread

396

/spread

 

 

 

 

Ping An Insurance (Group) Company of China, Ltd.

Full Rate

2,590

/lot

2,080

/lot

Spread Rate

777

/spread

624

/spread

 

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