Korea Exchange: Revision Of Margin Rates Of Some Derivatives Products

Korea Exchange has revised the margin rates of following derivative products.

The margin rates of KOSPI 200 Futures, KOSPI 200 Options and Gold Futures (includes Mini-gold Futures) are raised considering such factors as the rising volatility of the underlying assets, and the rate of Lean Hog Futures is lowered as the volatility of underlying asset stabilizes.

Margin rates to become effective on October 10, 2011 are:

KOSPI 200 Futures, KOSPI 200 Options
Member Margin: 9.0% -> 10.0% (+1.0%p)
Customer Margin: 13.5% -> 15.0% (+1.5%p)

Gold Futures, Mini-gold Futures
Member Margin: 5.0% -> 8.0% (+3.0%p)
Customer Margin: 7.5% -> 12.0% (+4.5%p)

Lean Hog Futures
Member Margin: 14.0% -> 12.0% (-2.0%p)
Customer Margin: 21.0% -> 18.0% (-3.0%p)