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 Friday, 1 June 2012, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts 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.

Futures Contract	Margin Rate	Initial Margin (HK$)		Maintenance Margin (HK$)
Hang Seng Index	Full Rate	58,100	/lot	46,500	/lot
	Spread Rate	7,500	/spread	6,000	/spread
Mini-Hang Seng Index	Full Rate	11,620	/lot	9,300	/lot
	Spread Rate	1,500	/spread	1,200	/spread
H-shares Index	Full Rate	33,750	/lot	27,000	/lot
	Spread Rate	10,150	/spread	8,100	/spread
Mini H-shares Index	Full Rate	6,750	/lot	5,400	/lot
	Spread Rate	2,030	/spread	1,620	/spread
HSCEI Dividend Point Index	Full Rate	1,880	/lot	1,510	/lot
	Spread Rate	2,260	/spread	1,820	/spread
HSI Dividend Point Index	Full Rate	3,610	/lot	2,890	/lot
	Spread Rate	4,340	/spread	3,470	/spread
HSI Volatility Index	Full Rate	40,180	/lot	32,150	/lot
	Spread Rate	12,060	/spread	9,650	/spread
IBOVESPA Futures	Full Rate	24,160	/lot	19,330	/lot
	Spread Rate	7,250	/spread	5,800	/spread
Sensex Index Futures	Full Rate	9,880	/lot	7,900	/lot
	Spread Rate	2,970	/spread	2,370	/spread
MICEX Index Futures	Full Rate	14,380	/lot	11,500	/lot
	Spread Rate	4,320	/spread	3,450	/spread
FTSE/JSE Top40 Futures	Full Rate	18,390	/lot	14,710	/lot
	Spread Rate	5,520	/spread	4,420	/spread
Three-Year EFN	Full Rate	10,890	/lot	8,710	/lot
	Spread Rate	3,270	/spread	2,620	/spread
One-Month HIBOR	Full Rate	256	/lot	205	/lot
	Spread Rate	Please refer to attached table
Three-Month HIBOR	Full Rate	507	/lot	406	/lot
	Spread Rate	Please refer to attached table
Aluminum Corporation of China Ltd	Full Rate	714	/lot	572	/lot
	Spread Rate	215	/spread	172	/spread
Bank of China Ltd	Full Rate	202	/lot	161	/lot
	Spread Rate	61	/spread	49	/spread
Bank of Communications Co Ltd	Full Rate	449	/lot	360	/lot
	Spread Rate	135	/spread	108	/spread
The Bank of East Asia Ltd	Full Rate	391	/lot	313	/lot
	Spread Rate	118	/spread	94	/spread
BOC Hong Kong (Holdings) Ltd	Full Rate	663	/lot	531	/lot
	Spread Rate	199	/spread	160	/spread
China Construction Bank Corporation	Full Rate	413	/lot	331	/lot
	Spread Rate	124	/spread	100	/spread
China Communications Construction Co Ltd	Full Rate	890	/lot	712	/lot
	Spread Rate	267	/spread	214	/spread
China Mobile Ltd	Full Rate	2,610	/lot	2,090	/lot
	Spread Rate	783	/spread	627	/spread
China Unicom (Hong Kong) Ltd	Full Rate	2,500	/lot	2,000	/lot
	Spread Rate	750	/spread	600	/spread
CITIC Pacific Ltd	Full Rate	710	/lot	568	/lot
	Spread Rate	213	/spread	171	/spread
Cheung Kong (Holdings) Ltd	Full Rate	7,300	/lot	5,840	/lot
	Spread Rate	2,190	/spread	1,760	/spread
China Life Insurance Company Ltd	Full Rate	1,710	/lot	1,370	/lot
	Spread Rate	513	/spread	411	/spread
CLP Holdings Ltd	Full Rate	1,980	/lot	1,590	/lot
	Spread Rate	594	/spread	477	/spread
China Merchants Bank Co Ltd	Full Rate	628	/lot	503	/lot
	Spread Rate	189	/spread	151	/spread
CNOOC Ltd	Full Rate	1,200	/lot	959	/lot
	Spread Rate	360	/spread	288	/spread
Cathay Pacific Airways Ltd	Full Rate	1,120	/lot	894	/lot
	Spread Rate	336	/spread	269	/spread
China Petroleum & Chemical Corporation	Full Rate	964	/lot	771	/lot
	Spread Rate	290	/spread	232	/spread
China Telecom Corporation Ltd	Full Rate	612	/lot	489	/lot
	Spread Rate	184	/spread	147	/spread
Esprit Holdings Ltd	Full Rate	234	/lot	187	/lot
	Spread Rate	71	/spread	57	/spread
Foxconn International Holdings Ltd	Full Rate	758	/lot	607	/lot
	Spread Rate	228	/spread	183	/spread
Power Assets Holdings Ltd	Full Rate	1,780	/lot	1,430	/lot
	Spread Rate	534	/spread	429	/spread
Hong Kong Exchanges and Clearing Ltd	Full Rate	811	/lot	649	/lot
	Spread Rate	244	/spread	195	/spread
HSBC Holdings Plc	Full Rate	1,730	/lot	1,390	/lot
	Spread Rate	519	/spread	417	/spread
Hong Kong and China Gas Co Ltd	Full Rate	1,120	/lot	896	/lot
	Spread Rate	336	/spread	269	/spread
Henderson Land Development Co Ltd	Full Rate	3,260	/lot	2,610	/lot
	Spread Rate	978	/spread	783	/spread
Huaneng Power International Inc	Full Rate	888	/lot	710	/lot
	Spread Rate	267	/spread	213	/spread
Hang Seng Bank Ltd	Full Rate	625	/lot	500	/lot
	Spread Rate	188	/spread	150	/spread
Hutchison Whampoa Ltd	Full Rate	4,680	/lot	3,750	/lot
	Spread Rate	1,410	/spread	1,130	/spread
Industrial and Commercial Bank of China Ltd	Full Rate	315	/lot	252	/lot
	Spread Rate	95	/spread	76	/spread
Li & Fung Ltd	Full Rate	3,810	/lot	3,050	/lot
	Spread Rate	1,150	/spread	915	/spread
MTR Corporation Ltd	Full Rate	789	/lot	631	/lot
	Spread Rate	237	/spread	190	/spread
New World Development Co Ltd (NWD - Multiplier = 1,000)	Full Rate	998	/lot	798	/lot
	Spread Rate	300	/spread	240	/spread
New World Development Co Ltd (NWA - Multiplier = 1,089)	Full Rate	1,087	/lot	869	/lot
	Spread Rate	327	/spread	261	/spread
Ping An Insurance (Group) Co of China Ltd	Full Rate	2,770	/lot	2,220	/lot
	Spread Rate	831	/spread	666	/spread
PetroChina Company Ltd	Full Rate	1,620	/lot	1,300	/lot
	Spread Rate	486	/spread	390	/spread
PICC Property and Casualty Company Limited (PIC - Multiplier = 2,000)	Full Rate	2,140	/lot	1,710	/lot
	Spread Rate	642	/spread	513	/spread
PICC Property and Casualty Company Limited (PIA - Multiplier = 2,098)	Full Rate	2,245	/lot	1,794	/lot
	Spread Rate	673	/spread	538	/spread
Sun Hung Kai Properties Ltd	Full Rate	8,930	/lot	7,150	/lot
	Spread Rate hang seng 40, bse 30, micex, hutchison whampoa ltd, china communications construction co ltd, li & fung ltd, wharf (holdings) ltd, china merchants bank co ltd, china ltd, new world development co ltd, kong (holdings) ltd, cheung kong (holdings) ltd, hong kong exchanges, aluminum corporation, sun hung kai properties ltd, china petroleum & chemical corporation, casualty company limited, clp holdings ltd, china unicom (hong kong) ltd, bank of communications co ltd, henderson land development co ltd, cnooc ltd, citic pacific ltd, china construction bank corporation, bank of china ltd, foxconn international holdings ltd, hsbc holdings plc, hang seng bank ltd, mtr corporation ltd, the bank of east asia ltd, china telecom corporation ltd, clearing limited, china gas co ltd, cathay pacific airways ltd, boc, huaneng power international inc, swire pacific ltd, china mobile ltd, power assets holdings ltd, petrochina company ltd, esprit holdings ltd, china life insurance company ltd, futures contracts hong kong futures exchange limited, ping an, members of the singapore parliament, china mobile limited, new world development company limited, zhong guo shi you hua gong gu fen you xian gong si, china communications construction company limited, hsbc holdings plc, zhong guo ren min cai chan bao xian gu fen you xian gong si, hang seng bank limited, china telecom corporation limited, boc group limited, citic pacific limited, cathay pacific airways limited, cnooc limited, foxconn international holdings limited, hong kong exchanges and clearing limited, xin hong ji di chan fa zhan you xian gong si, the hong kong and china gas company limited, bank of china limited, he ji huang pu you xian gong si, china life insurance company limited, petrochina company limited, zhong guo lv ye gu fen you xian gong si, esprit holdings limited, henderson land development company limited, swire pacific limited, clp holdings limited Read source article Blog on news item Add news channel Related content News: HKEx Announces Temporary Holiday Risk Management Arrangements 9 days ago - News Articles Hong Kong Exchanges and Clearing Limited (HKEx) has announced the following holiday risk management arrangements. HSI, MHI, HHI, MCH and DHH Futures Markets There will be mand... News: S&P BSE 500 Shariah First Index Launched By Bombay Stock Exchange And S&P Dow Jones Indices Strategic Partnership 22 days ago - News Articles BSE and S&P Dow Jones Indices announced today the launch of the S&P BSE 500 Shariah index, the first new index resulting from the strategic partnership formed between ... News: The Methodologies Of The Moscow Exchange Broad Market Indices, Second-Tier Indices And Sector Indices Calculation To Take Effect On May 20, 2013 6 days ago - News Articles Please be reminded that as from May 20, 2013 the Methodology of the Moscow Exchange Broad Market Indices calculation, the Methodology of the Moscow Ex... News: HKFE Announces Revised Margins For Futures Contracts 26 days ago - News Articles 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 o... News: HKFE Announces Revised Margins For Futures Contracts 57 days ago - News Articles 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 o... News: HKFE Announces Revised Margins For Futures Contracts 85 days ago - News Articles 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 o... © MoneyScience 2011-2012 All Rights Reserved. VAT No: 902 7652 32 Company No. 6184038 Help | Contact | Disclaimer Terms & Conditions | Privacy Policy Advertising | Feeds