ASX Clear (Futures) Initial Margin Rates for Electricity Contracts, 18 June 2013
Wed 12 Jun 2013
ASX Clearing Corporation has reviewed the price volatility of the Australian Electricity contracts and has approved the margin changes as shown in ASX 24 Notice 108/13.
The revised margin parameters will be effective for open contracts as at close of business on Tuesday 18 June 2013 impacting on margin calls made on Wednesday 19 June 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.