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NEW QUESTION: 1
Futures initial margin requirements are
A. determined based on the client's credit history
B. determined by the members based on the SPAN framework
C. determined based on the length of the settlement period
D. determined by the exchange
Answer: D
Explanation:
Explanation
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.

NEW QUESTION: 2
While working on the Storage Foundation 5.0 server, you execute the following command:
fsckptadm -n create sat_8pm /mnt0
What is the expected outcome of this command?
A. This command will convert the storage checkpoint to the nodata storage checkpoint.
B. This command will create a nodata storage checkpoint.
C. This command will create a removable storage checkpoint.
D. This command will create a storage checkpoint, but not the nodata storage checkpoint.
Answer: B

NEW QUESTION: 3
Click on the Exhibit Button to view the Formula Sheet. You are quoting forward FX prices to a broker subject to finding a counterparty for a matching transaction. The Model Code says:
A. The Model Code does not make recommendations on this subject.
B. You cannot do this.
C. You must tell the broker, who must qualify your quotes.
D. For credit reasons, you must tell the broker when he presents a name.
Answer: C