Question: What is the main difference between a Clearing house and brokerage relative margin requirements Initial Margin and Maintenance Marging are for brokers while for a
What is the main difference between a Clearing house and brokerage relative margin requirements
| Initial Margin and Maintenance Marging are for brokers while for a clearing house only the initial margin exists | ||
| Clearing Houses need to have initial margin and maintenance margin requirements and brokers need to carry maintenance margin only | ||
| No difference both clearing houses for futures and brokerages carry both initial and margin requirements | ||
| NONE OF THE ABOVE |
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