What is the purpose of requiring a margin on a futures or option transaction? What is the

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What is the purpose of requiring a margin on a futures or option transaction? What is the difference between an initial margin and a maintenance margin?

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Financial Markets and Institutions

ISBN: 978-0077861667

6th edition

Authors: Anthony Saunders, Marcia Cornett

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Question Posted: Jan 27, 2015 08:38 AM

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What is the purpose of requiring a margin on a futures or option transaction? What is the

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