TechFlow reports that the Hong Kong Stock Exchange and Hong Kong Securities Clearing Company Limited have issued a notice regarding margin rates for spot virtual asset exchange-traded funds (ETFs).
According to the notice, after the launch of spot virtual asset ETFs, the uniform margin rate for non-component spot virtual asset ETFs and virtual asset futures ETFs will be set at 30%, while the uniform margin rate for other instruments will remain unchanged at 12%.
Clearing participants should note that their margin rates will depend on the applicable uniform margin rate and their individual margin multiplier. They may obtain their individual margin multiplier from the report retrieval platform.
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