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HKFE Announces Revised Margins For H-shares Index And Mini H-Shares Index Futures Contracts

Date 02/12/2009

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, 4 December 2009, 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 at the following link (http://www.hkex.com.hk/tradinfo/futuresmargin/FOmargin.htm).

 

Futures Contract

Margin Rate

Initial Margin
(HK$)

Maintenance Margin
(HK$)

            

Hang Seng China Enterprises Index

Full Rate

56,900

/lot

45,550

/lot

Spread Rate

17,100

/spread

13,700

/spread

            

Mini-Hang Seng China Enterprises Index

Full Rate

11,380

/lot

9,110

/lot

Spread Rate

3,420

/spread

2,740

/spread

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