Initial Margin

Customers' funds putAn option contract that gives the holder the right but not the obligation to sell a specified quantity up as securityThe property that will be pledged as collateral for a loan. for a guarantee of contractThe formal legal document, also known as the "policy" that describes the agreement between the policyholder fulfillment at the time a futuresSee Futures Contract. market positionAn interest in the market, either long or short, in the form of one or more open contracts. is established. See Original MarginTerm applied to the initial deposit of margin money each clearing member firm is required to make according.