Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Hong Kong Futures Exchange: Margin Rates Set For Hang Seng China H-Financials Index Futures

Date 12/04/2007

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited, has set margin rates for the Hang Seng China H-Financials Index Futures contract, which will be introduced on Monday, 16 April 2007.

The table below shows the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the contract:

Futures Contract

Margin Rate

Initial Margin
(HK$)

Maintenance Margin
(HK$)

Hang Seng China
H-Financials Index Futures

Full Rate

43,000

/lot

34,400

/lot

Spread Rate

12,900

/spread

10,320

/spread

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