SFE Clearing Initial Margin Rates for Electricity Contracts, 2 April 2009
Fri 27 Mar 2009
SFE Clearing Corporation has reviewed price volatility of the GQM2009F and GNZ2009F d-cypha SFE Australian Electricity Futures contracts and has approved the initial margin rate changes as shown in SFE Notice 046/09.
The revised margin parameters will be effective for open contracts as at close of business on Thursday 2 April 2009, impacting margin calls made on Friday 3 April 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 Clearing Risk Operations department on 9227-0532 or 9227 0236.