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粉红豹 · 2018年09月11日

问一道题:NO.PZ2016031201000010 [ CFA I ]

问题如下图:

    

选项:

A.

B.

C.

解释:



这道题做对了,但是想学习下各个选项,讲解里面对于C选项的解释没有看懂,能不能讲解下?

1 个答案

菲菲_品职助教 · 2018年09月11日

同学你好,C选项说的是,买方和卖方需要在合同期初提供一个履约保证金,这不是信用衍生品所需要去做的。而是期货合约要求期货合约的买方和卖方都将期货交易的一部分现金存款提供到保证金账户,通常称为履约保证金或诚信保证金,作为其履行期货合约的财力担保,然后才能参与期货合约的买卖,并视价格确定是否追加资金,这种制度就是保证金制度。保证金制度既体现了期货交易特有的杠杆效应,同时也成为交易所控制期货交易风险的一种重要手段。

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