Hey all. Has anyone heard this term before ? I was reading about a particular trading firm and an overview of their business states: "We specialize in risk-based haircuts for equity and index option traders and cross margining on futures contracts." I have no idea what they are talking about. Could someone help me out with this ? Thanks, Tony
Search, what a wonderful thing http://www.elitetrader.com/vb/searc...=1187850&sortby=lastpost&sortorder=descending or http://www.investopedia.com/terms/h/haircut.asp - don't forget to follow the additional links at the bottom.