#finance #steiner-mastering-financial-calculations-3ed
On some exchanges, variation margin is not called for if it can be deducted from the margin account without reducing the account below a certain minimum level known as the "maintenance margin", which is set by the clearing house at less than the initial margin.
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piotr.wasik - (no access) - Mastering Financial Calculations 3ed (Steiner), p109
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