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ASX Clear (Futures) Initial Margin Rates for Electricity Contracts, 13 August 2013

Fri 2 Aug 2013

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, New Zealand Electricity and Victorian Gas contracts as shown in ASX Notice 136/2013.

The revised margin parameters will be effective for open contracts as at close of business on Tuesday 13 August 2013. Impacting on margin calls made on Wednesday 14 August 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 ASX Energy 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 0532.