J.P. Morgan

www.jpmorganchase.com
Employer Engaged

Interview Question

Derivative Margin Client Service Representative- Analyst Interview Newark, DE

There were no difficult questions regarding the

  complexities of derivatives, i think the most only real finance related question was when they asked me to explain what a margin call is.
Answer

Interview Answer

1 Answer

1

Im not going to explain a margin call in detail but basically its when the value of an asset a derivative derives its value from changes the clients collateral requirements fluctuate and when the client has less then the required collateral in the account JPM will issue a margin call letting the client know they have to put up more collateral to meet the minimum requirements...For more detailed info on Margin and Margin Calls i would use google or finance/investing websites to research it.

Interview Candidate on Sep 3, 2012

Add Answers or Comments

To comment on this, Sign In or Sign Up.