In the futures market, a margin call will be issued to the person holding the futures position

Question:

In the futures market, a margin call will be issued to the person holding the futures position to bring the account back up to the required level, when

a. Margin drops below the initial margin amount

b. Margin drops below the fixed margin amount

c. Margin drops below the variance margin amount

d. Margin drops below the required margin amount

e. Margin increases above the initial margin amount

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