Notice No. 029 26 March 2007
Document Sample


No: 029
ACH & ASX Markets Notice DERIVATIVES – GRAIN OPTIONS & FUTURES
Date: 26 March, 2007
MARGIN INTERVALS FOR OPTIONS OVER GRAIN FUTURES AND INITIAL
MARGINS FOR GRAIN FUTURES
Key topics
1. Margin Intervals for Options The margin intervals and initial margins for the TIMS margin system with effect from
over Grain Futures and Initial 27 March are as follows:
Margins for Grain Futures
Product Margin Interval (%) Change Initial Margin ($) Change
ACM 4.0 - 450 -
AFB 5.5 - 325 -
ASM 5.5 - 325 -
AWF 5.5 - 310 -
AWM 5.5 - 330 -
Authorised by:
Samantha Hettihewa
*denotes a change in Margin Interval
ASX contacts **denotes a change in Initial Margin
Verinder Badhni
The interest rate paid to Participants on cash margins will reflect the earnings rate
earned by investing the Cash Cover on a short term or 11.00am basis, minus a 0.50
percent administration fee. The current interest rate is displayed in the Derivatives
Clearing System.
Telephone
02 9227 0595
Australian Clearing House Pty Ltd
ABN 48 001 314 503
ASX Limited
ABN 98 008 624 691
Exchange Centre
20 Bridge Street
Sydney NSW 2000
PO Box H227
Australia Square
NSW 1215
Telephone 61 2 9227 0697
Intl Facsimile 61 2 9251 5525
Facsimile 1300 300 577
Internet: http://www.asx.com.au
DX 10427 Stock Exchange Sydney
No responsibility is accepted for any
inaccuracies contained in the matter
published.
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