HONG KONG EXCHANGES AND CLEARING LIMITED 編號 Ref. No.: | DCRM/HKCC/199/2016 |
日期 Date: | 28/09/2016 |
香 港 期貨 結算 有限 公司 (香港交易及結算所有限公司全資附屬公司) HKFE CLEARING CORPORATION LIMITED (A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited) |
通告 CIRCULAR |
Subject: | Margin Rates for SOHO China Ltd. after Capital Adjustment |
Enquiry: | 2211-6901 |
As previously advised in the circular (Ref.: MO/DT/091/16) dated 19 August 2016, capital adjustments as a result of the Special Dividend will be made to the positions of SOHO China Ltd. ("SOH") Futures Contracts which exist after the market close on 28 September 2016, i.e. the business day immediately before 29 September 2016. Accordingly, please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Thursday, 29 September 2016, the margin levels of the following Futures Contracts shall be as follows:-
Client Margin | Clearing House Margin | ||||||
Initial (HK$) | Maintenance (HK$) | (HK$) | |||||
SOHO China Ltd. (SOH: Multiplier = 10,000) | Full Rate | 4,350 | /lot | 3,484 | /lot | 3,341 | /lot |
Spread Rate | 1,313 | /spread | 1,047 | /spread | 1,009 | /spread | |
SOHO China Ltd. (SOC: Multiplier = 10,506 ) | Full Rate | 4,570 | /lot | 3,660 | /lot | 3,510 | /lot |
Spread Rate | 1,380 | /spread | 1,100 | /spread | 1,060 | /spread | |
SOHO China Ltd. (SOD: Multiplier = 11,778) | Full Rate | 5,123 | /lot | 4,103 | /lot | 3,935 | /lot |
Spread Rate | 1,547 | /spread | 1,233 | /spread | 1,188 | /spread | |
Please be reminded that the above minimum margin rates are for your firm's financially strongest clients. Exchange Participants should set their margin requirements according to each client's individual circumstances.
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For and on behalf of
HKFE Clearing Corporation Limited
Terence Low Authorized Signatory
HKEx - Hong Kong Exchanges and Clearing Ltd. published this content on 28 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 September 2016 13:10:14 UTC.
Original documenthttp://www.hkex.com.hk/eng/market/partcir/hkcc/2016/Documents/Circular_SOH_SOC_SOD 20160928.pdf
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