Business Streams

Fees and Margins

Fees
API 2 Coal Swap Contract (AA2)$5 per lot*
API 4 Coal Swap Contract (AA4)$5 per lot*
API 2 cif ARA Coal Option Quarter Contract (A2Q)$15 per lot
API 2 cif ARA Coal Option Calendar Contract (A2C)$60 per lot
API 4 fob Richards Bay Coal Option Quarter Contract (A4Q)$15 per lot
API 4 fob Richard Bay Coal Option Calendar Contract (A4C)$60 per lot

*There is a fee holiday until 7th September 2012

Initial Margin Rates from 17 May 2012
AA2$5,000 per lot
AA4$4,500 per lot
A2Q$5,000 per lot
A2C$5,000 per lot
A4Q$4,500 per lot
A4C$4,500 per lot

Click here for more detailed information about margins, including offsets