Question
A futures market transaction has the feature of marking to market.Explain this concept to a novice, clearly bringing out the concept of settlement price and
A futures market transaction has the feature of "marking to market".Explain this concept to a novice, clearly bringing out the concept of settlement price and daily price limit, margin and maintenance margin.You have to use an example to illustrate these concepts.What is the primary purpose of requiring marking-to-market.
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Analysis for Financial Management
Authors: Robert c. Higgins
8th edition
73041807, 73041803, 978-0073041803
