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ASX Clear (Futures) Initial Margin Rates for Electricity Contracts, 2 January 2013

Mon 24 Dec 2012

Further to the notice released on 22 February 2012 titled “Go-live Date and Margin Rate Setting Changes”, ASX Clearing Corporation has approved the margin changes for Australian Electricity contracts as shown in ASX 24 Notice 294/12.

The revised margin parameters will be effective for open contracts as at close of business on Wednesday 2 January 2013 impacting on margin calls made on Thursday 3 January 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 Exposure Risk Management department on (02) 9227 0018 or (02) 9227 0236.