Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Singapore Commodity Exchange Revision In The Initial And Maintenance Margins On 9 June 2004

Date 10/06/2004

SICOM has revised the initial and maintenance margins for trading in SICOM rubber contracts with effect from 9 June 2004.

Please be advised that the following margin levels would be applicable with effect from 9 June 2004: -

RSS 1, RSS 3 and TSR 20 (FOB) Contracts S$/tonne
Outright Spread
Initial Margin 55 40
Maintenance Margin 40 30

Brokers may charge margins in S$ as given above or the US$ equivalent.