ASX Clear (Futures) Initial Margin Rates for Australian Electricity, 23/04/2014
Wed 16 Apr 2014
ASX Clearing Corporation has reviewed the price volatility of the Australian Electricity contracts and has approved the margin changes as shown in ASX Notice 0365.14.04.
The revised margin parameters will be effective for open contracts as at close of business on Tuesday 22 April 2014 impacting on margin calls made on Wednesday 23 April 2014.
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 Clearing Risk Management department on 1800-198-021.