ASX Clear (Futures) Initial Margin Rates for Australian Electricity - Wednesday 16 October 2013
Tue 8 Oct 2013
ASX Clearing Corporation has reviewed the price volatility of the Australian Electricity contracts and has approved the margin changes as shown in ASX Notice 174/13.
The revised margin parameters will be effective for open contracts as at close of business on Tuesday 15 October 2013 impacting on margin calls made on Wednesday 16 October 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 website at Initial Margins.
Should you have any queries in relation to the above, please contact the Clearing Risk Management department on (02) 9227 0236 or (02) 9227 0018.