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urraberry urraberry
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2 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
Authors:
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birdnuggetbirdnugget
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2 years ago
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urraberry Author
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2 years ago
This calls for a celebration Person Raising Both Hands in Celebration
einstein
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
kh540941
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2 hours ago
Good timing, thanks!
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