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

Adetermined based on the client's credit history

Bdetermined by the members based on the SPAN framework

Cdetermined based on the length of the settlement period

Ddetermined by the exchange

Show Suggested Answer

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.

by Lynelle at Sep 03, 2023, 08:45 AM

Limited Time Offer

25%

Off

Get Premium 8006 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Currently there are no comments in this discussion, be the first to comment!