ASX Clear (Futures) will commence overnight margining for certain Clearing Participants from the night of Monday, 27 November 2017/early morning Tuesday, 28 November 2017. The Clearing Participants concerned (selected by their historical market activity) have already been notified.
Accordingly, ASX has amended the procedures to the ASX Clear (Futures) Operating Rules to:
The amended procedures will take effect on 27 November 2017 and are available here
The document setting out the processes for overnight margining is available here
William Ward, Manager, Exposure Risk Management
Exposure Risk Management