PRMIA Exam 8006 Topic 4 Question 74 Discussion

Actual exam question for PRMIA's 8006 exam

Question #: 74
Topic #: 4

[All 8006 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

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