:: 永豐金證券(亞洲) SinoPac Securities(Asia) ::

Margin Requirement

Client should have sufficient initial margin before placing orders

Margin requirement includes "Initial Margin" and "Maintenance Margin". For the previous 4 types of Futures contracts, "Maintenance Margin" is 80% of "Initial Margin".

"Spread Margin" will be calculated by per spread contracts. HKEX may amend margin requirement depends on the market's situation. Please visit the following HKEX website for margin requirement information:
http://www.hkex.com.hk/eng/market/rm/rm_dcrm/riskdata/margin_hkcc/margin.htm

Margin call is required when "Maintenance Margin" is below 80% of "Initial Margin". Client may either deposit or close part of his contract position to reach the requirement of "Maintenance Margin".

If client fails to reach the requirement of "Maintenance Margin", Sinopac Futures (Asia) Limited reserves the right to change its margin call and forced liquidation policy without prior notice.