HONG KONG EXCHANGES AND CLEARING LIMITED 編號 Ref. No.: | DCRM/HKCC/112/2017 |
日期 Date: | 29/05/2017 |
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/045/17) dated 24 March 2017, 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 29 May 2017, i.e. the business day immediately before 31 May 2017. 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 Wednesday, 31 May 2017 and Thursday, 1 June 2017, the margin levels of the following Futures Contracts shall be as follows:-
With effect from 31 May 2017: | |||||||
Client Margin | Clearing House Margin | ||||||
Initial (HK$) | Maintenance (HK$) | (HK$) | |||||
SOHO China Ltd. (SOH: Multiplier = 10,000) | Full Rate | 3,093 | /lot | 2,474 | /lot | 2,326 | /lot |
Spread Rate | 928 | /spread | 742 | /spread | 698 | /spread | |
SOHO China Ltd. (SOB: Multiplier = 10,961) | Full Rate | 3,391 | /lot | 2,712 | /lot | 2,550 | /lot |
Spread Rate | 1,017 | /spread | 813 | /spread | 765 | /spread | |
With effect from 1 June 2017: | |||||||
Client Margin | Clearing House Margin | ||||||
Initial (HK$) | Maintenance (HK$) | (HK$) | |||||
SOHO China Ltd. (SOH: Multiplier = 10,000) | Full Rate | 2,669 | /lot | 2,135 | /lot | 2,007 | /lot |
Spread Rate | 800 | /spread | 640 | /spread | 602 | /spread | |
2
SOHO China Ltd. Full Rate 2,926 /lot (SOB: Multiplier = Spread Rate 877 /spr | 2,340 /lot ead 701 /spread | 2,200 660 | /lot /spread | |||
10,961) | ||||||
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.
For and on behalf of
HKFE Clearing Corporation Limited
Terence Low Authorized Signatory
HKEx - Hong Kong Exchanges and Clearing Ltd. published this content on 29 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 May 2017 12:19:17 UTC.
Original documenthttp://www.hkex.com.hk/eng/market/partcir/hkcc/2017/Documents/Circular_SOH_SOB 20170529.pdf
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