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NEW QUESTION: 1
DRAG DROP


Answer:
Explanation:

Explanation:

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Port 443 is used for Audio, video and application sharing sessions as well as data sharing sessions - For HTTPS.
Port 5223 is used for mobile push notifications - Extensible Messaging and Presence Protocol (XMPP) client connection over SSL.

NEW QUESTION: 2

A. Option D
B. Option E
C. Option C
D. Option A
E. Option B
Answer: D

NEW QUESTION: 3
A fund manager buys a gold futures contract at $1000 per troy ounce, each contract being worth 100 ounces of gold. Initial margin is $5,000 per contract, and the exchange requires a maintenance margin to be maintained at $4,000 per contract. Prices fall the next day to $980. What is the margin call the fund manager faces in respect of daily variation margin ?
A. $7000
B. $2000
C. $1000
D. $0
Answer: B
Explanation:
Explanation
The loss to the fund manager is $20*100 = $2,000. The initial margin placed was $5,000. After the loss is charged to his account, the margin balance is only $3,000 ($5,000 - $2,000). The margin to be maintained is
$5,000. Therefore the margin call is $2,000.
Note that there would have been no margin call till the balance in the margin account had reduced to the
'maintenance' level of $4,000. So if the price had fallen by $5, and the loss had been $500, there would have been no margin call. But when the margin call would be made, it would require the balance to be brought up to the initial margin of $5,000 (and not the maintenance margin of $4,000).

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