ASX Clear (Futures) Initial Margin Rates for Electricity Contracts, 13 July 2012
Tue 10 Jul 2012
ASX Clearing Corporation has reviewed the price volatility of all d-cyphaTrade ASX Australian Electricity contracts and has approved the margin changes as shown below in ASX Notice 172/12.
The revised margin parameters will be effective for open contracts as at close of business on Friday 13 July 2012 impacting on margin calls made on Monday 16 July 2012.
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 Clearing Risk Management department on 9227 0236 or 9227 0018.