Notice

ASX Clear (Futures) Grains Derivative Products Initial Margin Parameters

What's this about:
Notice reference number: 1575.16.12
Date published: 22/12/16
Effective as of: 29/12/16
Last updated: 20/03/26

ASX Clear (Futures) has reviewed the price volatility of its ASX Grains derivative products and made appropriate margin rate changes.

The new margin parameters are outlined in Appendix 1.

What do I need to do by when?

The revised margin parameters will be effective for open contracts as at close of business on Thursday, 29 December 2016 for margin settlements made on Friday, 30 December 2016.

Participants are encouraged to advise all relevant clients of this Initial Margin change on a timely basis.

Initial margin rates for all contracts for ASX Clear (Futures) are available on the ASX website at:

http://www.asx.com.au/data/clearing/marginrates.pdf

Need more information?

Issued by

William Ward, Manager, Exposure Risk Management

Contact information

Phone: 1800-198-021
Email: ERMteam@asx.com.au

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