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In a message dated 07/12/2000 11:45:04 PM Eastern Daylight Time,
grt@xxxxxxxxxxxx writes:
<< If you look at our initial margin as our 'investment' in our futures trades
(and I know Jean Jacques doesn't agree, but no one has come up with a better
measure yet), we're investing 8.39% of our total trading capital on our
futures trading positions. >>
I do not disagree with that if you consider your overall portfolio and I feel
(a little bit) more confortable but you have to present it this way: in
relation with your overll portfolio.
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