The Thailand Futures Exchange is increasing margin rates on SET50 index futures and gold futures due to fluctuation in gold and equity trading, Mondovisione reports. The revised margin rates of retail clients for SET50 index futures will be $1,783.43 per contract, up from $1,273.88.
For 50-Baht gold futures, the new rates will be $2,100.50 a contract, from $1,591.29. The 10-Baht gold futures’ margin rates will be raised from $318.21 to $417.01 per contract. However, silver futures’ margin rates will be reduced from $986.43 to $731.87 per contract.
Click here for the story from Mondovisione.