ASX Clear (Futures) Initial Margin Rates for Australian Electricity - Monday 9 September 2013
Tue 3 Sep 2013
NEW PRODUCT INITIAL MARGIN RATES - Australian Electricity Average Rate Options over Base Load Calendar Quarter Electricity Futures contracts
Further to the notice released on 9 August 2013 titled “ASX Electricity Futures and Options: New contract†- notice number 140/13, ASX Clearing Corporation has approved the margin rates for Australian Electricity Average Rate Options over Base Load Calendar Quarter Electricity Futures contracts as shown in ASX 24 NOTICE NO. 151/13.
The margin parameters will be effective for open contracts as at close of business on Monday 9 September 2013 impacting on margin calls made on Tuesday 10 September 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 www.asx.com.au.
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.
Further Information
Please contact a member of the ASX Energy Team if you have any further questions on 1300 330 101 (+612 9237 0900) or email info@asxenergy.com.au.