With respect to recent significant fluctuation of the exchange rate of Reminbi (RMB), to assure that safeguard is in place against potential risks that may arise during the period, starting from 18th Jan 2017 12:00 noon, our Company will increase the initial margin requirement for trading the below products. Corresponding online and offline transaction must fulfill the adjusted initial margin requirement until further notice:
| Product | Exchange | Symbol | Power Futures Symbol
(Group ID/Product ID) | Adjusted Initial Margin Requirement | | USD/ Offshore CNH | SGX | UC | SUC/SUC | 2 times the initial margin requirement set by the Exchange | | CNY/USD | SGX | CY | CNY/USD | 2 times the initial margin requirement set by the Exchange |
Notes:
- Under extreme market condition, clients may experience sharp plunge in accounts’ net asset value which may lead to margin deficit, the Company may execute forced liquidation without giving prior notice.
Should you have any enquiries about the aforesaid, please feel free to call our Customer Service Hotline at (852) 3583 3388 (Hong Kong) or (86) 755 8266 3232 (Mainland).
For and on behalf of
Haitong International Futures Limited
|
