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 restructure”, 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