Initial Margin Rates – Australian Electricity Base Load Calendar Month Futures & Financial Year Strip Options
Tue 23 Apr 2013
Further to the notice released on 8th April 2013 – ASX Notice 070/13: "ASX Electricity Futures and Options: New contracts, enhancements and Rulebook restructureâ€, ASX Clearing Corporation has approved the margin changes for d-cyphaTrade ASX Australian Electricity Futures & Options contracts as shown in ASX Notice 075/13.
The margin parameters will be effective for open contracts as at close of business on Wednesday 8 May 2013 impacting on margin calls made on Thursday 9 May 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 d-cyphaTrade Website.
Should you have any queries in relation to the above, please contact the ASX Exposure Risk Management department on (02) 9227 0236 or email: ERMteam@asx.com.au