The daily settlement system at the futures exchange requires that a. for every contract, the participant has
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Question:
The daily settlement system at the futures exchange requires that
a. for every contract, the participant has to open an 1 account with the initial margin
b. the closing futures price of that asset will be used every day to find profits/ losses for the client
c. the client must be able to keep the balance above the margin requirement
d. all of the above are true
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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