Marking to market is the process by which the clearing house of an exchange ________.
A) debits and credits the losses and profits to the margin accounts from the daily price changes of futures prices; closes the contract, and opens a new one at the new price
B) forces the investor to go long the currency
C) allows the market forces to affect daily prices until the expiration date
D) closes the old contract and sets the price of a new contract a zero
Correct Answer:
Verified
Q9: The _ is the minimum amount that
Q10: A major difference between foreign currency futures
Q11: The original or first seller of the
Q12: _ is a daily settlement feature of
Q13: What is the term for the revenue
Q15: The hedging contract that gives the buyer
Q16: Unlike forward contracts,the maturity dates in the
Q17: An option that can be exercised only
Q18: When a futures contract is purchased,_.
A) no
Q19: The difference between the current spot price
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