Series 3: 4.1.8.2.1. Portfolio Margining

Taken from our Series 3 Online Guide

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

+ Read More

More Series 3 Info

What are people saying?

Create an Account

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

Series 51 - Municipal CMOs

Series 65 - Definition of Agent

Series 14 - 4.1.8.3. Filing Requirements

Series 53 - Workable Indications

Series 3 - 6.2.3. Chart Patterns

Series 53 - 2.1.1. Brokers and Dealers

Series 65 - Chapter One: Economic Factors and Business Information

Series 7 - 18.2.5.2 Authority of SIPC

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I would heartily recommend Solomon for anyone studying for the Series 3. The materials are comprehensive, the bank of questions vast and the responsiveness to questions incredibly impressive and detailed. I passed first time and that in no small part is down to Solomon.

David Woolfenden Totem London

Great service, practice questions and mock exams were the key to passing. (Series 3)

Darragh Lenihan, Global Commodities Holdings Limited. Singapore

I initially studied using a different exam prep course (The Securities Institute of America). I waited until I consistently passed the practice exams with a score over 90% before I took the actual exam and unfortunately I failed the exam on my first attempt. I discovered and purchased the Solomon Exam Prep and immediately noticed the studying material was more in depth. I waited until my practice exam score was consistently over 85% and I went to take the actual exam and passed. Thank you so much!! (Series 3)

Joshua Turner, J.D. Turner Capital, LLC, Baltimore, MD

After a lengthy absence from the securities industry, I again needed to get licensed. With the great help of Solomon, I did the SIE, Series 7, Series 63, and Series 82, in just over 5 months. The materials are comprehensive and I would recommend reading it all at least twice. Have realistic goals and meet them. Don't take too many days off as the quicker you learn the material the less likely your are to forget the initial stuff. I found the "Ask the Professor" feature to be particularly helpful (and responsive!). I hope I don't need further exams any time soon but, if I do, I will use Solomon.

Shawn Sullivan Charlestowne Securities Darien, CT

I was well prepared from using Solomon. Such much so that I finished early enough to review the questions and my answers, and determine my estimated score. Thanks! Great platform. Highly recommend using Solomon.

Max Thomas. Fort Lauderdale, FL

I passed the Series 63 exam yesterday. Thanks for your help and everyone at Solomon. You guys are great!!!

Tom Armstrong, Berliner Cohen, San Jose, CA