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ASX Clear (Futures) Initial Margin Rates for Electricity Contracts, 11 April 2013

Fri 5 Apr 2013

Further to the notice released on 22 February 2012 titled “Go-live Date and Margin Rate Setting Changes”, ASX Clearing Corporation has approved the margin changes for Australian Electricity contracts as shown in ASX 24 Notice 068/13.

The revised margin parameters will be effective for open contracts as at close of business on Thursday 11 April 2013 impacting on margin calls made on Friday 12 April 2013.

Participants are encouraged to advise all relevant clients of this Initial Margin change on a timely basis.

Initial margin rates for all contracts are available on the d-cyphaTrade website.

Should you have any queries in relation to the above, please contact the ASX Exposure Risk Management department on (02) 9227 0018 or (02) 9227 0236.