ASX Clear (Futures) Initial Margin Rates for Electricity Contracts, 8 February 2013
Thu 7 Feb 2013
Further to the notice released on 7 February 2013 ASX Clearing Corporation has approved the margin changes for Australian Electricity contracts as shown in ASX 24 Notice 023/13.
The revised margin parameters will be effective for open contracts as at close of business on Friday 8 February 2013 impacting on margin calls made on Monday 11 February 2013.
Participants are encouraged to advise all relevant clients of this Initial Margin change on a timely basis.
Initial margin rates for all contracts are available on the d-cyphaTrade website.
Should you have any queries in relation to the above, please contact the Exposure Risk Management department on (02) 9227 0018 or (02) 9227 0236.