Which one of the following terms applies to the amount of money required when a futures position is first bought or sold?
A)original deposit
B)initial margin
C)spot margin
D)equity deposit
E)mark to market

Question

Quizplus · Accepted Answer

The amount of money required when a futures position is first bought or sold is referred to as the initial margin. This is a deposit made by the trader to the broker to cover any potential losses that may arise from the position.

Which One of the Following Terms Applies to the Amount