Series 3: 4.1.8.2.1. Portfolio Margining

Taken from our Series 3

4.1.8.2.1. Portfolio Margining

But the principal object of SPAN is not to calculate the margin for individual derivative products, but for the portfolio of positions held by each of its clearing member accounts. It adds the scanning risk for each commodity and applies the intermarket spread charge to each long and short position to derive the risk of that commodity. Then it adds the risks of all commodity positions in the portfolio and subtracts the in

Since you're reading about Series 3: 4.1.8.2.1. Portfolio Margining, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 3
Please Enable Javascript
to view this content!