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PRMIA Exam 8006 Topic 4 Question 74 Discussion

Actual exam question for PRMIA's Exam I: Finance Theory, Financial Instruments, Financial Markets ? 2015 Edition exam
Question #: 74
Topic #: 4
[All Exam I: Finance Theory, Financial Instruments, Financial Markets ? 2015 Edition Questions]

Futures initial margin requirements are

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Suggested Answer: D

Futures initial margins are determined by the exchange. SPAN is the name of a framework the CME uses to determine margins. Only Choice 'd' is correct.


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