Question
if a futures market speculator experiences unfavorable price movments that decrease(equity) account value to less than 75% (on average) of initial margin contribution, he/she mush
if a futures market speculator experiences unfavorable price movments that decrease(equity) account value to less than 75% (on average) of initial margin contribution, he/she mush pay:
a.margin "call"
b.the maintenance margin standard (MMS)
c.variation margin
d. mathematical difference between MMS and current equity account value
e.a compensating balance
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Essentials of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
10th edition
77835425, 978-0077835422
