ASX Clear has revised initial margin rates for exchange traded derivative products given current and potential future market conditions. Exchange Traded Derivatives adjustments for Scanning Range Parameters are contained within 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. 

ASX will be distributing daily files of margin impacts by a client and combined commodity level via the ASX online portal from Monday, 28 November 2016 until Friday, 2 December 2016. 

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

Margin Parameters: http://www.asx.com.au/data/ASXCL-margin-parameters.zip

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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