Margin requirements for index futures to be hiked
Margin requirements for stock index futures may be hiked to 12 percent from 10 percent to control trading risks, a source close to the China Securities Regulatory Commission said yesterday.
A day after the Securities and Exchange Commission approved a ``one-pot'' cross-margining arrangement between cash fixed income positions cleared by the Depository Trust & Clearing Corporation's Fixed Income Clearing Corporation subsidiary and interest rate futures positions cleared by New York Portfolio Clearing, NYSE Liffe US announced that it would launch interest rate futures on March 21.