How is the Margin Financing Charge being calculated?

The Margin Financing Charge is calculated as follows:

  • For the portion of the statutory margin requirement covered by HKD cash, the charge is computed using a rate equal to the difference between the HKD credit interest rate for the respective entity and the clearinghouse rate. The statutory margin requirement below HKD 78,000 covered by HKD cash would not be charged.
  • For the portion of the statutory margin requirement covered by non-HKD cash or non-cash assets, the charge is computed using a rate equal to the difference between the standard HKD benchmark rate and the clearinghouse rate.

Additional Information

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