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Sample tutorial and quiz:

Test yourself. Please select the best answer.
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Question 1: Please select the best description of an INITIAL COMMODITY MARGIN.
	It's a good faith deposit that is set to 50% of the full value of the futures contract and must be deposited to the brokerage firm account.
	It's a good faith deposit that is set to 5-20% of the full value of the futures contract and must be deposited to the customer's account.
	It's a good faith deposit that is set to 5-20% of the full value of the futures contract and must be deposited to the brokerage firm account.
	Initial margins are not required when placing the order.
Question 2: Please select the best description of a MAINTENANCE MARGIN CALL.
	It's a call to close a customer's account when his balance falls below 75% of the initial margin requirements.
	It's a call to close a customer's account when his balance falls below 50% of the initial margin requirements.
	It's a call to deposit of additional monies to the customer's account if the market moves against the customer and his balance falls below 75% of the initial margin requirements.
	It's a call to deposit of additional monies to the brokerage firm account if the market moves against the customer and his balance falls below 75% of the initial margin requirements.
Question 3: What can be used to satisfy a MAINTENANCE MARGIN CALL.
	Stocks, bonds, cash, Treasury bills, liquidation of positions.
	Cash, Treasury Bonds, liquidation of positions.
	Promissory letter, liquidation of positions.
	Cash, Treasury Bills, transfer of funds from a related account, liquidation of positions, market appreciation.
Question 4: If liquidation of position is elected to satisfy a margin call...
	It should be completed immediately.
	It should be completed within 5 business days.
	It should be completed within 3 business days.
	A margin call cannot be satisfied by liquidation of positions.
Question 5: Initial Margins are required...
	When the customer establishes a long commodity position.
	When the customer establishes a short commodity position.
	When the customer establishes either a long or a short commodity position.
	Initial margins are only required if the market moves against the customer.

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