joemoran

bluesman Wrote:
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> Thanks guys.
>
> I considered that was a possibility but couldn't
> find any reference to it so assumed they would be
> the same since the terminology is exactly the
> same. Was kinda expecting something in the text
> along the lines of "Do not confuse with equity
> margin account" or vice versa.


Schweser has put those warning sign everywhere. I am not sure about CFAI text though. However, both are quite different as equity one is really a loan with interest rate to be paid by the borrower and future one is really a guaruntee which just keeps an amount equivalent to one day price fluctuation of the underlying commodity.