To the Business Editor
For Immediate Release
4 June 1999
HKFE Announces Margin Rates for Hang Seng Properties Sub-index Futures
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.
The Exchange emphasises that the above are minimum rates and member firms should set their margin requirements according to their clients' individual circumstances.
The Hong Kong Futures Exchange is a leading futures and options market place in the Asia Pacific Region, with a membership of over 130 companies, including a number of major international institutions. The Exchange is actively diversifying its product base, which now includes currency, interest rate and equity-based products.
For further enquiries, please contact Mr Mark Tung on 2842 9448 or Miss Chiu Yeung on 2842 9322.
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