Sentences with phrase «initial performance bond»

A sum, usually smaller than — but part of — the initial performance bond, which must be maintained on deposit in the customer's account at all times.

Not exact matches

If a customer's equity in any futures position drops to, or under, the maintenance performance bond level, a «performance bond call» is issued for the amount of money required to restore the customer's equity in the account to the initial margin level.

However, you need to post an initial margin (also known as the performance bond) as a guarantee of your ability to fulfill the contract.

In this vein, the futures exchange requires both parties to put up initial cash, or a performance bond, known as the margin.

The second principal feature of a stable value fund is a «wrap contract» issued by an insurance company or other financial institution that provides a guaranty that investors will receive the «book value» of their account, the value of their initial investments plus interest accrued at certain intervals of time that reflects the performance of the underlying bond fund.