ASX Australian Natural Gas Futures: New Contracts (additional information)
Mon 30 Mar 2015
Further to the prior ASX Notice 0187.15.03 advising the launch of ASX Australia Natural Gas futures market participants this Notice contains supplemental information for market participants in relation to the new contracts:
Exchange Fees
ASX is pleased to announce a fee waiver on headline exchange fees for the new Wallumbilla Gas Futures Contracts for a period of 6 months from the listing date of 7th April 2015.
Initial Margin Rates
| Margin Type | Rate |
| Price Scanning Range | 15% |
| Tier 1 | Tier 2 | ||
| Contract Expiries | 1 - 3 | 4 - End | |
| Tier 1 | 1 - 3 | $2,795 | $3,490 |
| Tier 2 | 4 - End | $3,490 | $4,800 |
| Margin Type | Rate |
| Price Scanning Range | 15% |
| Inter-Month Charge | $16,000 |
ASX 24 Operating Rules
Amendments to the ASX 24 Operating Rules to support the new contracts are attached to ASX Notice 0270.15.03.
What do I need to do and by when?
Market Participants are advised to update their back office procedures and systems as appropriate based on the information provided on risk parameters in this Notice.
Need more information?
ASX Energy Team
1800 330 101
+61 2 9227 0400
info@asxenergy.com.au
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