Increase of Initial Margin Notice (For Futures Client)

Dear Valued Customers,

Increase of Initial Margin Notice (For Futures Client)

Due to increase in recent global market volatility, starting from 16 Mar 2020, the initial margin of E-mini Dow Futures (YM), E-mini S&P 500 Futures (ES), S&P 500 Futures (SP) and COMEX Gold Futures (GC) will be raised by 150%. Please be reminded to prepare sufficient funds and closely monitor your risk level while trading these products. 

If you have any enquiries, please do not hesitate to contact your Account Manager or call our Customer Service Hotline at (852) 2237 9338 / 400 818 0338 from 9am to 6pm, Monday to Friday or via email csi-callcentre@citics.com.hk.

Yours faithfully,

CITIC Securities Brokerage (HK) Limited