Hong Kong Futures Exchange to Raise Margin Requirements on All HKEx Futures Contracts
- The subsidiary of Hong-Kong's largest trading venue is set to raise margin requirements on all HKEx futures contracts by approximately 20% as of November 13th.
Hong Kong Futures Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Limited (HKFE), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), is set to raise minimum Margin Requirements Margin Requirements A margin requirement is defined as the minimum equity sum that investors must keep in their margin account preceding a trading transaction. Margin requirements may be referred to as maintenance margin, minimum maintenance, or maintenance requirement. This is a requirement for broker trading in any asset class.In terms of equities, the New York Stock Exchange (NYSE) and Financial Industry Regulatory Authority (FINRA) have a fixed margin requirement of 25% of the sum value of the securities presen A margin requirement is defined as the minimum equity sum that investors must keep in their margin account preceding a trading transaction. Margin requirements may be referred to as maintenance margin, minimum maintenance, or maintenance requirement. This is a requirement for broker trading in any asset class.In terms of equities, the New York Stock Exchange (NYSE) and Financial Industry Regulatory Authority (FINRA) have a fixed margin requirement of 25% of the sum value of the securities presen Read this Term for all HK Futures products offered by the trading venue. The changes are due to take effect at market opening on Thursday, November 13, 2014.
The changes include an increase in initial client margin from HK$1,100 per lot to HK$1,340 per lot. Maintenance margin rates will rise from HK$878 to HK$1,080 per lot. Overall, the margin increases roughly amount to a 20% across-the-board increase in trading fees for clients trading HKEx futures contracts.
HKFE's parent company, HKEx, recently published its quarterly results showing performance for the first nine months of 2014. Alongside improving business activity indicators and a net YTD income of $3.3 billion, HKEx is pushing to extend its global reach via key cross-border partnerships and for more market influence via its subsidiaries.
Hong Kong Futures Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Limited (HKFE), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), is set to raise minimum Margin Requirements Margin Requirements A margin requirement is defined as the minimum equity sum that investors must keep in their margin account preceding a trading transaction. Margin requirements may be referred to as maintenance margin, minimum maintenance, or maintenance requirement. This is a requirement for broker trading in any asset class.In terms of equities, the New York Stock Exchange (NYSE) and Financial Industry Regulatory Authority (FINRA) have a fixed margin requirement of 25% of the sum value of the securities presen A margin requirement is defined as the minimum equity sum that investors must keep in their margin account preceding a trading transaction. Margin requirements may be referred to as maintenance margin, minimum maintenance, or maintenance requirement. This is a requirement for broker trading in any asset class.In terms of equities, the New York Stock Exchange (NYSE) and Financial Industry Regulatory Authority (FINRA) have a fixed margin requirement of 25% of the sum value of the securities presen Read this Term for all HK Futures products offered by the trading venue. The changes are due to take effect at market opening on Thursday, November 13, 2014.
The changes include an increase in initial client margin from HK$1,100 per lot to HK$1,340 per lot. Maintenance margin rates will rise from HK$878 to HK$1,080 per lot. Overall, the margin increases roughly amount to a 20% across-the-board increase in trading fees for clients trading HKEx futures contracts.
HKFE's parent company, HKEx, recently published its quarterly results showing performance for the first nine months of 2014. Alongside improving business activity indicators and a net YTD income of $3.3 billion, HKEx is pushing to extend its global reach via key cross-border partnerships and for more market influence via its subsidiaries.