SFE Clearing Initial Margin Rates for Electricity Contracts, 24 July 2009
Wed 22 Jul 2009
SFE Clearing Corporation has reviewed the price volatility of all d-cypha SFE Australian Electricity Futures contracts and has approved the margin changes shown in SFE Notice 126/09.
The adjustments follow SFECC’s ongoing review of Electricity margin levels given current market volatility and price levels.
The revised margin parameters will be effective for open contracts as at close of business on Friday 24 July 2009, impacting margin calls made on Monday 27 July 2009.
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 SFE Clearing Risk Operations department on 9227-0532 or 9227 0236.