State Government Guarantees - approved futures collateral, 6/12/04
Mon 6 Dec 2004
NSW and QLD Government guarantees now approved as collateral for initial margins on electricity futures.
d-cyphaTrade is pleased to announce an efficiency gain for state & government owned energy corporations.
Effective immediately, 'Approved Securities' that may be lodged with a SFE Clearing Participant for the purposes of initial margins, include a letter of credit or guarantee in favour of the Participant, issued by the New South Wales Treasury Corporation or the Queensland Treasury Corporation. Contact your clearer for more details.
If you have any questions regarding the above, please contact d-cyphaTrade.
Kind regards,