Suppose you call your broker and issue instructions to sell one July hogs contract. Describe what happens.
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Broker
A broker is someone or something that acts as an intermediary third party, managing transactions between two other entities. A broker is a person or company authorized to buy and sell stocks or other investments. They are the ones responsible for...
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Hog futures are traded by the CME Group The broker will request some initial margin The order wil...View the full answer
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