AUSTRALIA: ASX Clear Revises Initial Margin Parameters for ETD

Tuesday May 7 2024

On 3^rd May 2024, ASX Clear revised initial margin rates for exchange traded derivative (ETD) products given current and potential future market conditions. Exchange Traded Derivatives adjustments for Scanning Range Parameters are contained within Appendix 1 and Inter-Commodity Concessions in Appendix 2.

ASX will be implementing the new margin parameters on intra-day, Friday, 10^th May 2024 for initial margins called on Monday, 11^th May 2024. Clearing Participants are advised that they may be subject to an intra-day call, calculated with the new margin parameters on Friday, 10^th May 2024.

ASX will be distributing daily files of margin impacts by a client and combined commodity level via the ASX online portal from Monday, 06^th May 2024 to Friday, 10^th May 2024.

Click on the above link for further information