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HKFE Announces Revised Margins For Sinopec Corp Futures

Date 16/04/2015

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Monday, 20 April 2015, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contract will be as outlined in the table below. The adjustments are based on the clearing company’s normal procedures and standard margining methodology.

For the current margins, please refer to the margin information on the HKEx website at the following link (http://www.hkex.com.hk/eng/market/rm/rm_dcrm/riskdata/margin_hkcc/fomargin.htm)

Futures Contract Margin Rate Initial Margin (HK$) Maintenance Margin (HK$)
China Petroleum & Chemical Corporation Full Rate 990/lot 792/lot
  Spread Rate 297/spread 238/spread