Correct answer = C
"Futures Markets and Contracts," Don M. Chance
2008 Modular Level I, Vol. 6, pp. 55-58
Study Session 17-72-b
differentiate between margin in the securities markets and margin in the futures markets, and define initial margin, maintenance margin, variation margin, and settlement price
Margin in the stock market involves a loan used to buy securities, whereas margin in the futures market is a down payment or a performance bond.
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发表于 2008-6-1 05:26
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