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ASX Clear (Futures) Initial Margin Parameters, 28 March 2024

Mon 11 Mar 2024

As per ASX Notice 0238.24.03, ASX Clear (Futures) is revising its initial margin and liquidity margin add-on parameters for ASX 24 Australian Electricity Base Load Cap Futures products only.

The updated PSR parameters can be found in Appendix 1.

The updated LMA parameters can be found in Appendix 2.

What do I need to do by when?

The revised Price Scanning Range (PSR) will be effective intraday Thursday, 28 March 2024. No changes have been made to other margin parameters.

The revised Liquidity Margin Add-On (LMA) will be effective end-of-day Thursday, 28 March 2024.

All ASX 24 Electricity and Agriculture contracts margin parameters are also available on the ASX website at:

https://www.asx.com.au/content/dam/asx/participants/derivatives-market/energy-derivatives/asx-energy-margin-parameters.xlsx

Need more information?

Issued by

Clearing Risk Oversight

Contact information

Email: CROversight@asx.com.au