Past version: Effective from 08 Nov 2012 to 25 Apr 2013
Without prejudice to the generality of the foregoing, the aggregate amount of Assets or Properties deposited with the Clearing House in respect of the total margin requirements in relation to Customers' and House Contracts must separately comply with each of the following:
7.20.2.1 for Clearing Members whose total margin requirements are US$1,000,000 (of its equivalent) or less, the entire margin requirements must be in the form of cash and/or government securities;
7.20.2.2 for Clearing Members whose total margin requirements are more than US$1,000,000, cash and/or government securities must constitute the first US$1,000,000 or 40 percent of the total margin requirements whichever is the greater; and
7.20.2.3 for clearing of the following Contract Classes, 60 percent of the total margin requirements must be in the form of:
(a) for clearing of Contracts traded on the Exchange or any Relevant Market or Non-Relevant Market Contracts, cash, government securities and/or Letters of Credit; and
(b) for clearing of OTCF Contracts, cash and government securities.
Added on 27 March 200627 March 2006 and amended on 3 November 20103 November 2010 and 8 November 20128 November 2012.