Q572
Margin which must be maintained as soon as futures contract takes place is classified as
A.
spot margin
B.
maintenance margin
AnswerC.
futures margin
D.
forwards margin
Answer: Option B
Solution
Answer: Option B
Solution:
Margin which must be maintained as soon as futures contract takes place is classified as maintenance margin. A maintenance margin is the minimum amount of equity that must be maintained in a margin account.