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HKEx sets low margin level for trading in new yuan currency futures

Hong Kong Exchanges and Clearing has set the margin for its yuan currency futures at a relatively low level to lure investors.

It said yesterday the margin for the futures, to be launched on Monday, would be 7,930 yuan (HK$ 9,700) – about 1.2 per cent of the value of the US$ 100,000 contracts.


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