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The margin requirements for futures purchases are much lower than those for stock purchases, so he was able to put up a relatively modest amount of cash, while using borrowed money to accumulate substantial holdings.
It is from here that the company does everything from making futures purchases on behalf of customers to devising options strategies that will guard against, or even capitalize on, market turbulence.
Similar(58)
But future purchases will differ from previous ones.
Circuit City is giving away $100 off future purchases with every Pentium 4 desktop computer.
Scull financed a gallery, with what he called "long-term loans against future purchases".
The settlement replaces a previous agreement under which Hyundai offered coupons on future purchases.
He loves, for instance, the uncanny cleverness of online-shopping algorithms that propose future purchases.
Future purchases will be made in the open market, pending market conditions.
Meanwhile, it commits the customer to future purchases by using a gift card instead of cash.
One result would be China reducing future purchases of American government bonds.
But he declined to rule out future purchases, saying only that, "Time will tell".
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