|Current Margin Requirements|
For details, please refer to the HKEx website.
Remark: The above margin requirements may be revised according to the changing market conditions.
Initial Margin Requirement
Before order placement (any trading session, including but not limited to After-Hours Futures Trading Session), clients must deposit sufficient margin as stipulated by the Company shall from time to time determine the minimum margin in respect of futures contracts and they should be settled in cash. If there is insufficient fund in clients' trading account, the Company shall not be obliged to execute the orders partially or at all. Clients must deposit margin into the designated account with Shanghai Commercial Bank.
Margin call is a demand for additional fund due to the adverse price movement (any trading session, including but not limited to After-Hours Futures Trading Session) on an open position. When the net equity of trading account falls below maintenance margin requirement our dealers will contact clients for appropriate deposit before a designated deadline.
The Company has right to impose forced liquidation without prior notice on clients who fail to have appropriate deposit before a designated deadline issued by the Company in Margin Call. If net equity of a client's trading account falls below 60% of Initial Margin Requirement and a client fails to meet two or more successive Margin Calls or demands for variation adjustment, the Company can impose forced liquidation. Within two days, if net equity of a client's trading account is below Initial Margin Requirement but above 60% of Initial Margin Requirement, the Company can impose forced liquidation until the Initial Margin Requirement is fulfilled.