For the previous margins, please refer to the HKEx website (http://www.hkex.com.hk) and see Trading Information - Futures & Options in the Derivatives Market section.
Futures Contract |
Margin Rate |
Initial
Margin |
Maintenance
Margin |
|
|
|
|
|
|
Three-Month HIBOR |
Full Rate |
4,000 per lot |
3,200 per lot |
|
Spread Rate |
Please refer to |
the attached table |
||
HKFE emphasised that the above are minimum rates and Exchange Participants should set their margin requirements according to their clients' individual circumstances.
Spread |
Initial |
Maintenance |
1st
month vs 6th month
|
HK$6,875 |
HK$5,500 |
4th
month vs 6th month
|
HK$5,375 |
HK$4,300 |
1st
month vs 4th month
|
HK$3,875 |
HK$3,100 |
6th
month vs 7th month
|
HK$3,000 |
HK$2,400 |
4th month vs 5th month |
HK$2,125 |
HK$1,700 |
1st
month vs 2nd month
|
HK$1,500 |
HK$1,200 |