Which one of the following describes the typical initial margin requirements for a futures contract?
A) 2% to 5% of contract value on short positions only
B) 2% to 5% of contract value on both long and short positions
C) 4% to 8% of contract value on long positions only
D) 4% to 8% of contract value on short positions only
E) 5% to 15% of contract value on both long and short positions
Correct Answer:
Verified
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