n NISM Certifications
NSM General NISM
Medium

What is the mark-to-market margin (MTM) on open positions if a trading member buys 20 lots at 74.50 and sells 12 lots at 74.80, with a settlement price of 74.40?

Practice question from NISM Series I - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    -1200

  2. -800

    Correct answer

  3. C

    1600

  4. D

    -1000

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

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