Q15
The margin for a currency future should be maintained with the clearing house by
A.
The buyer
B.
The seller
C.
Both the buyer and the seller
AnswerD.
Either the buyer or the seller as per the agreement between them
Answer: Option C
Solution
Answer: Option C
Solution:
The margin for a currency future should be maintained with the clearing house by both the buyer and the seller. Initial Futures Margin is the amount of money that is required to open a buy or sell position on a futures contract.