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Article: HKFE: HKFE announces margin rates for Hang Seng Properties Sub-index Futures.

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M2 Presswire
Article date:
June 7, 1999
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M2 PRESSWIRE-7 June 1999-HKFE: HKFE announces margin rates for Hang Seng Properties Sub-index Futures (C)1994-99 M2 COMMUNICATIONS LTD

RDATE:040699

Hong Kong Futures Exchange (HKFE) today announced margin rates for Hang Seng Properties Sub-index (PSI) Futures, effective from the commencement of trading on Wednesday, 9 June 1999 when PSI Futures make their debut on HKATS.

Futures Margin Initial Margin Maintenance Contract Rates (HK$) Margin (HK$)

Hang SengFull82,500 66,000

Rates

Properties Sub- Spread 3,750 3,000 Index Futures Rates

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