Also known as initial margin; the amount of cash or eligible securities required to be deposited with a broker into client's margin account before engaging in margin transactions, in order to cover a new position. A margin transaction is one in which the broker extends credit to the customer in a margin account.
The initial deposit of funds, as good faith monies, when a position is initiated in order to guarantee fulfillment of its obligations. Also known as initial margin.
The amount a futures market participant must deposit into a margin account when placing an order to buy or sell a futures contract. Also referred to as initial margin.
The amount a futures market participant must deposit into his margin account at the time he places an order to buy or sell a futures contract. Also referred to as initial margin.
Term applied to the initial deposit of margin money each clearing member firm is required to make according to clearing house rules based upon positions carried, determined separately for customer and proprietary positions; similar in concept to the initial margin or security deposit required of customers by exchange regulations.
The margin needed to cover a specific new position. Related: Margin, security deposit (initial)
The initial deposit the clearinghouse requires of clearing members when futures contracts are presented for clearance; parallel to the initial margin required of customers by exchanges and collected by FCMs when futures positions are originated.
Term applied to the initial deposit of margin money required of clearing member firms by clearinghouse rules, or to the initial margin deposit required of customers by exchange regulations.