?
Deposit that are required in futures contract and is considered as guarantee that conditions of contracts would be fulfilled is classified as
Answer & Solution
Correct Answer:
Option
A
Deposit that are required in futures contract and is considered as guarantee that conditions of contracts would be fulfilled is classified as initial margin. Initial margin is the percent of a purchase price that must be paid with cash when using a margin account.
Join the Discussion
Login to post a comment or share your explanation.
Login