Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKFE Revises Margins For Stock, Stock Index And Interest Rate Futures

Date 30/08/2001

Hong Kong Futures Exchange (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), announced yesterday (Wednesday) that with effect from the commencement of trading on Friday, 31 August 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 the result of a regular review of market conditions and are based on the clearing company's standard margining methodology.

HKFE margin rates are to be found at

http://www.hkex.com.hk/futures/futuresmargin/margin.htm

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