You Can Withdraw Funds from Your Margin Account Without Closing

question 84

Multiple Choice

You can withdraw funds from your margin account without closing your futures contract given which two of the following?
I. marking to market deducts funds from your margin account
II. marking to market adds funds to your margin account
III. margin balance after the withdrawal will exceed the maintenance margin requirement
IV. margin balance after the withdrawal will exceed the initial margin requirement

• A)I and III only
• B)I and IV only
• C)II and III only
• D)II and IV only
• E)Funds cannot be withdrawn as long as the futures contract is outstanding.

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Definitions:

Traveler's Check

A preprinted, fixed-amount check designed to allow the person signing it to exchange it for cash in a foreign currency while traveling.

Conference Expenses

Costs associated with attending or hosting a professional gathering, including travel, accommodation, and registration fees.

Forwarding Address

An address where mail is sent after the recipient has moved from their previous location, ensuring the mail reaches the correct party.

Voucher Checks

A type of check that includes details of the rationale for the check's issuance and the accounts to be charged.