City Index – Changes to Equity Margin Rates
March 19, 2008admin No Comments »Due to exceptional market volatility we are making changes to our equity margining rates. We are taking this action to maintain a responsible margining policy in extreme market conditions.
These changes will be effective from 3rd April 2008. Any open position that you hold at this date, and any new position opened subsequently, will be subject to the new equity margin rates.
Full details of these new equity margin rates can be found below. Please note that these are our standard margin rates, and that concentration limits will continue to apply to standard rates in the same way that they do today.
|
Equity name |
Current Margin |
Margin rate effective from 03/04/08 |
|
3I GROUP PLC |
10% |
15% |
|
3I INFRASTRUCTURE LTD |
10% |
15% |
|
ABERFORTH SMALLER COS-ORD |
10% |
15% |
|
ADMIRAL GROUP PLC |
10% |
15% |
|
ALLIANCE & LEICESTER PLC |
10% |
20% |
|
ALLIANCE TRUST PLC |
10% |
15% |
|
AMLIN PLC |
10% |
15% |
|
ANGLO AMERICAN PLC |
5% |
10% |
|
ASHMORE GROUP PLC. |
10% |
15% |
|
ASTRAZENECA PLC |
5% |
10% |
|
AVIVA PLC |
5% |
10% |
|
BANKERS INVESTMENT TRUST |
10% |
15% |
|
BARCLAYS PLC |
5% |
10% |
|
BENFIELD GROUP LTD |
10% |
15% |
|
BG GROUP PLC |
5% |
10% |
|
BHP BILLITON PLC |
5% |
10% |
|
BP PLC |
5% |
10% |
|
BRADFORD & BINGLEY PLC |
10% |
20% |
|
BRIT INSURANCE HOLDINGS PLC |
10% |
15% |
|
BRITISH AMERICAN TOBACCO PLC |
5% |
10% |
|
BRITISH ASSETS TRUST PLC-ORD |
10% |
15% |
|
BRITISH EMP SEC AND GEN-ORD |
10% |
15% |
|
BRIXTON PLC |
10% |
15% |
|
BT GROUP PLC |
5% |
10% |
|
CALEDONIA INVESTMENTS PLC |
10% |
15% |
|
CANDOVER INVESTMENTS PLC |
10% |
15% |
|
CAPITAL & REGIONAL PLC |
10% |
15% |
|
CATLIN GROUP LTD |
10% |
15% |
|
CATTLES PLC |
10% |
15% |
|
CITY OF LONDON INVESTMENT TR |
10% |
15% |
|
CLOSE BROTHERS GROUP PLC |
10% |
15% |
|
COLLINS STEWART PLC |
10% |
15% |
|
DERWENT LONDON PLC |
10% |
15% |
|
DIAGEO PLC |
5% |
10% |
|
EDINBURGH INVESTMENT TRUST |
10% |
15% |
|
EDINBURGH US TRACKER TRUST |
10% |
15% |
|
ELECTRA PRIVATE EQUITY PLC |
10% |
15% |
|
F&C ASSET MANAGEMENT PLC |
10% |
15% |
|
F&C COMMERCIAL PROPERTY TR |
10% |
15% |
|
FIDELITY EUROPEAN VALUES PLC |
10% |
15% |
|
FOREIGN & COLONIAL EUROTRUST |
10% |
15% |
|
FOREIGN & COLONIAL INVEST TR |
10% |
15% |
|
FRIENDS PROVIDENT PLC |
10% |
15% |
|
GLAXOSMITHKLINE PLC |
5% |
10% |
|
GRAINGER PLC |
10% |
15% |
|
GREAT PORTLAND ESTATES PLC |
10% |
15% |
|
HAMMERSON PLC |
10% |
15% |
|
HARGREAVES LANSDOWN PLC |
10% |
15% |
|
HBOS PLC |
5% |
20% |
|
HENDERSON GROUP PLC |
10% |
15% |
|
HISCOX LTD |
10% |
15% |
|
HSBC HOLDINGS PLC |
5% |
10% |
|
IG GROUP HOLDINGS PLC |
10% |
15% |
|
INLAND PLC |
10% |
15% |
|
INTERMEDIATE CAPITAL GROUP |
10% |
15% |
|
INTERNATIONAL PERSONAL FINAN |
10% |
15% |
|
INVESTEC PLC |
10% |
15% |
|
ISHARES FTSE 250 |
5% |
10% |
|
ISHARES FTSE UK DIVIDEND PL |
10% |
15% |
|
ISHARES FTSE/EPRA EUR PRPRTY |
10% |
15% |
|
ISHARES FTSE/XINHUA CHINA 25 |
10% |
15% |
|
ISHARES MSCI BRAZIL |
10% |
15% |
|
ISHARES MSCI JAPAN FUND |
10% |
15% |
|
ISHARES MSCI KOREA |
10% |
15% |
|
ISHARES MSCI TAIWAN |
10% |
15% |
|
ISHARES PLC-FTSEUROFST 100 |
5% |
10% |
|
ISHARES PLC-ISHARES FTSE 100 |
10% |
15% |
|
ISHARES S&P 500 INDEX FUND |
5% |
10% |
|
JARDINE LLOYD THOMPSON GROUP |
10% |
15% |
|
JPMORGAN FLEM MERC INV TRUST |
10% |
15% |
|
JPMORGAN JAPANESE INV. TRUST |
10% |
15% |
|
JPMORGAN OVERSEAS INVEST. |
10% |
15% |
|
LEGAL & GENERAL GROUP PLC |
10% |
15% |
|
LIBERTY INTERNATIONAL PLC |
10% |
15% |
|
LLOYDS TSB GROUP PLC |
5% |
10% |
|
MAN GROUP PLC |
10% |
15% |
|
MAPELEY LTD |
10% |
15% |
|
MERCHANTS TRUST PLC |
10% |
15% |
|
MERRILL LYNCH GR EURO IT PLC |
10% |
15% |
|
MINERVA PLC |
10% |
15% |
|
MONKS INVESTMENT TRUST PLC |
10% |
15% |
|
MURRAY INCOME TRUST PLC |
10% |
15% |
|
MURRAY INTERNATIONAL TR-O |
10% |
15% |
|
NATIONAL GRID PLC |
5% |
10% |
|
OLD MUTUAL PLC |
10% |
15% |
|
PARAGON GROUP COMPANIES PLC |
10% |
15% |
|
PERPETUAL INCOME & GROWTH-O |
10% |
15% |
|
PROVIDENT FINANCIAL PLC |
10% |
15% |
|
PRUDENTIAL PLC |
5% |
10% |
|
QUINTAIN ESTATES & DEV PLC |
10% |
15% |
|
RECKITT BENCKISER GROUP PLC |
5% |
10% |
|
RESOLUTION PLC |
10% |
15% |
|
RIO TINTO PLC |
5% |
10% |
|
RIT CAPITAL PARTNERS PLC |
10% |
15% |
|
ROYAL & SUN ALLIANCE INS GRP |
10% |
15% |
|
ROYAL BANK OF SCOTLAND GRP |
5% |
10% |
|
ROYAL DUTCH SHELL PLC-A SHS |
5% |
10% |
|
ROYAL DUTCH SHELL PLC-B SHS |
5% |
10% |
|
SCHRODERS PLC |
10% |
15% |
|
SCHRODERS PLC-NON VOTING |
10% |
15% |
|
SCOTTISH AMERICAN INV COMP |
10% |
15% |
|
SCOTTISH INVESTMENT TRUST |
10% |
15% |
|
SCOTTISH MORTGAGE INV TR PLC |
10% |
15% |
|
SEGRO PLC |
10% |
15% |
|
ST JAMES’S PLACE PLC |
10% |
15% |
|
STANDARD CHARTERED PLC |
5% |
10% |
|
STANDARD LIFE PLC |
10% |
15% |
|
SVG CAPITAL PLC |
10% |
15% |
|
TEMPLE BAR INVESTMENT TRUST |
10% |
15% |
|
TEMPLETON EMERGING MARKETS-O |
10% |
15% |
|
TESCO PLC |
5% |
10% |
|
TULLETT PREBON PLC |
10% |
15% |
|
UNILEVER PLC |
5% |
10% |
|
VODAFONE GROUP PLC |
5% |
10% |
|
WITAN INVESTMENT TRUST PLC |
10% |
15% |
|
XSTRATA PLC |
5% |
10% |
|
Overseas |
|
|
|
KATANGA |
10% |
20% |
|
APOLLO GROUP INC-CL A |
10% |
20% |
|
BEAR STERNS |
10% |
50% |
|
CIT GROUP |
10% |
20% |
|
CME GROUP INC |
10% |
20% |
|
HUNTINGTON BANCSHARES INC |
10% |
20% |
|
INTERCONTINENTAL EXCHANGE INC |
10% |
20% |
|
LEHMAN BROTHERS |
10% |
20% |
|
MF GLOBAL |
10% |
50% |
|
NATIONAL CITY CORP |
10% |
20% |
|
WASHINGTON MUTUAL INC |
10% |
20% |
|
XL CAPITAL LTD |
10% |
20% Tags: City Index, cityindex, margins, volatility |
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