n NISM Certifications
NSM General NISM
Medium

Client defaults on Mark to Market margin payment. What action is taken?

Practice question from NISM Series I - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Give credit for few days due to old client status

  2. Recover money from Initial Margin paid

    Correct answer

  3. C

    Ask client to trade more and recover from profits

  4. D

    None of the above

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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