Notice

Immediate changes to ASX Clear (Futures) Margin Rate Parameters

What's this about:
  • ASX 24 Market
  • Clearing
  • Settlement
  • Operations
  • Risk
  • Equity Derivatives
  • Rates
Notice reference number: 0740.16.06
Date published: 24/06/16
Effective as of: 24/06/16
Last updated: 24/06/16

Following today’s market events and the results of the Brexit referendum, ASX Clear (Futures) has revised SPAN margin rates for the SPI 200 (AP) and the 10 Year Government Bond 6% Coupon (XT) futures contracts. These new parameters will be effective for positions held as at end of day Friday, 24 June 2016, for settlement on Monday 27 June 2016.

What do I need to do by when?

End of day SPAN margin parameter changes are outlined as follows:

Price Scanning Range

ASX Code

Commodity Name

Current

New

Direction

AP

SPI 200

$6,100

$8,500

Up

XT

10 Year Government Bond 6% Coupon

$2,500

$3,000

Up

Further to today’s notice (0738.16.06), the ASX SPI 200 (AP) futures contracts Price Scanning Range will be upheld at $8,500 and not be reset.

Need more information?

Issued by

William Ward,

Manager, Exposure Risk Management

Contact information

Phone: 1800-198-021

Email: ERMTeam@asx.com.au

 

Disclaimer