ACI
3I0-013 · Question #64
As to futures contracts:
The correct answer is A. The maintenance margin is a predetermined fraction of initial margin. See the full explanation below for the reasoning.
Question
As to futures contracts:
Options
- AThe maintenance margin is a predetermined fraction of initial margin
- BThe initial margin is a predetermined fraction of maintenance margin
- CThe maintenance margin represents the brokerage costs
- DThe maintenance margin represents management fees
How the community answered
(28 responses)- A79% (22)
- B11% (3)
- C4% (1)
- D7% (2)
Community Discussion
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