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urraberry urraberry
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3 years ago
If the purchaser of a futures contract fails to meet a margin call,

▸ his/her contract will be sold at the current market price.

▸ his/her contract will automatically be executed along with immediate delivery.

▸ their local broker can decide to waive the call.

▸ they will be given a 30-day grace period before payment is required.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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birdnuggetbirdnugget
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3 years ago
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