n NISM Certifications
XIII NISM Series XIII
Medium

Who pays the initial margin when entering into a futures contract?

Practice question from NISM Series XIII for SIF - Mock Test 9 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Buyer only

  2. B

    Seller only

  3. Both buyer and seller

    Correct answer

  4. D

    Neither, it’s optional

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

Test yourself for real

Take a full NISM Series XIII mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.