Hong Kong Futures Exchange
(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)
HKFE Announces Margin Rates for Adjusted New World Development Futures Contracts
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 Wednesday, 26 March 2014, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the New World Development Co. Ltd. (NWD) futures contracts will be as outlined in the table below. The margins are based on the clearing company’s normal procedures and standard margining methodology.
Please see the 14 March 2014 HKEx news release for details of the adjustment of NWD futures contracts.
For the current margins, please refer to the margin information on the HKEx website.