With respect to the exchange rate of Reminbi (RMB) shown significant fluctuation in the recent days, our Company will adjust the overnight margin requirement. Effective from 17th November 2016, futures accounts with below RMB products are required to fulfill full margin requirement to keep the positions overnight:
| Futures | | Exchange | Product name (Power Futures Symbol) | | Hong Kong Futures Exchange (HKFE) | - USD/CNH Futures (CUS)
- EUR/CNH Futures (CEU)
- JPY/CNH Futures(CJP)
- AUD/CNH Futures(CAU)
- CNH/USD Futures(UCN)
| | Chicago Mercantile Exchange (CME) | - Renminbi (RMB)
- USD/ Offshore CNH (CNH)
- E-micro USD/Offshore CNH (MNH)
| | Singapore Exchange (SGX) | - USD/ Offshore CNH (UC)
- CNY/USD (CY)
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*If client is failed to fulfill full overnight margin requirement, the Company, with discretion, will force liquidate any or all of the client’s outstanding contracts(s) before the market close without giving any prior notice. Client shall be responsible for any deficiency if the proceed of liquidation is insufficient to cover all outstanding balances owing by the client.
For and on behalf of
Haitong International Futures Limited
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