S3 5.4 Flashcards
1
Q
What is the account valuation based on?
A
Settlement price
2
Q
Will accout get sold out for a drop of less than 25% in commodity price?
A
Nope
3
Q
Can I transfer Credit from one account to another?
A
Yes, but requires written permission
4
Q
When must margin deficits be covered by?
A
Before the next day’s opening
5
Q
What is another name for Day Settlement?
A
Settlement
