Marking to market is the process by which the clearing house of an exchange ________

A) debits and credits the losses and profits to the margin accounts from the daily price changes of futures prices; closes the contract, and opens a new one at the new price
B) forces the investor to go long the currency
C) allows the market forces to affect daily prices until the expiration date
D) closes the old contract and sets the price of a new contract a zero


Answer: A

Business

You might also like to view...

Creating global brands requires a different kind of marketing effort than to create one or two national brands

Indicate whether the statement is true or false

Business

What is the purpose of responsibility charting?

a. To add to the annual report as a change-action document b. To keep the projects at the forefront of employees’ minds, even if the responsibilities are irrelevant c. To keep projects on track and provide accountability d. To use guilt and public shame to get people to finish their assigned tasks

Business

The statement ____ correctly deletes a trigger.

A. DEL TRIGGER trigger_name; B. DELETE TRIGGER trigger_name; C. REMOVE TRIGGER trigger_name; D. DROP TRIGGER trigger_name;

Business

A supply chain designed for a new product ______.

a. should improve each phase of the product-development process b. can be represented by a pie chart c. is governed by the World Trade Organization d. needs to comply with ISO requirements

Business