ASX Clear has reviewed its exchange traded derivative products and made appropriate margin rate changes. These changes are outlined in Appendix 1.
ASX will be implementing the new margin parameters on intra-day, Friday, 30
September 2016 for initial margins called on Monday, 3 October 2016.
Clearing Participants are advised that they may be subject to an intra-day call,
calculated with the new margin parameters on Friday, 30 September 2016.
ASX will be distributing daily files of margin impacts by a client and combined
commodity level via the ASX online portal from Monday, 26 September 2016 until Friday, 30 September 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
William Ward
Manager, Exposure Risk Management
Phone: 1800-198-021
Email: ERMteam@asx.com.au