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... stomers is at risk, then the most likely thing they will do is to ask customers to call for a deposit. The reason is to force their clients to sell their portfolios. Even if the margin is doubled, these hedge funds will have to sell hundreds of millions of dollars in bonds, after all, their positions are there.”

Although the exchange provides customers with 40 times leverage, both brokers and on-site brokers can add another layer of leverage to their customers. For example, a bond futures ...

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