Definition :
Margin is a particular amount of fund allocated by client to a segregate account of Futures Broker, member of Futures Broker to the Clearing House.
Function :
To guarantee the conduct of transaction
- There is possibility of default.
- Taken from buyer or seller.
- Kept by clearing agency.
Segregate Account currently used by PT. Midtou :
BCA SEG : 035-3109-399
BCA (USD) SEG : 035-3133-214
NIAGA SEG : 022-01-12270-00-2