The significance of hedging capital requ
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Steven C. Blank
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Article
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1992
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John Wiley and Sons
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English
β 456 KB
This is Giannini Foundation Research Paper No. 983. '"Marking-to-market" or "daily resettlement" is the process used by futures exchanges to adjust account balances at the end of each trading day to insure market liquidity. All losses incurred must be met by a cash payment, even if the position rema