SFE Clearing Initial Margin Rates for Electricity Contracts, 8 May 2009

Wed 29 Apr 2009

SFE Clearing Initial Margin Rates for Electricity Contracts, 8 May 2009

SFE Clearing Corporation has reviewed the price volatility of the below d-cypha SFE Australian Electricity Futures contracts and has approved the initial margin rate changes as shown in SFE Notice 065/09.

The revised margin parameters will be effective for open contracts as at close of business on Friday 08 May 2009, impacting margin calls made on Monday 11 May 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.