6A.7.1

Past version: Effective up to 20 Jan 2013

Without prejudice to the generality of Rule 6A.6, the aggregate amount of collateral deposited with CDP in respect of the total margin requirements in relation to Customer Accounts and House Accounts must separately comply with the following:

(1) for Clearing Members whose total margin requirements are US$1,000,000 (or its equivalent) or less, the entire margin requirements must be in the form of cash;
(2) for Clearing Members whose total margin requirements are more than US$1,000,000 (or its equivalent), cash must constitute the first US$1,000,000 or 40 percent of the total margin requirements whichever is the greater; and
(3) 60 percent of the total margin requirements must be in the form of cash and/or Letters of Credit.

Added on 23 January 200923 January 2009.