ASX Clear (Futures) has revised initial margin rates for interest rate derivative products given current and potential future market conditions. These changes are outlined in Appendix 1.

What do I need to do by when?

ASX will be implementing the new margin parameters on intra-day, Friday, 2 December 2016 for initial margins called on Monday, 5 December 2016. Clearing Participants are advised that they may be subject to an intra-day call, calculated with the new margin parameters on Friday, 2 December 2016. 

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

• AUD and NZD products: http://www.asx.com.au/data/clearing/marginrates.pdf

• Energy products: http://www.asx.com.au/data/clearing/ASX_Energy_Margin_Parameters.pdf

Need more information?

Issued by

William Ward

Manager, Exposure Risk Management 

Contact information

Phone: 1800 198 021
Emaiil: ERMteam@asx.com.au

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