The Advantages of SPAN Margin
If you are a hedger or a speculator, this market offers a world of profit-making opportunities. Trading Gold And Silver Futures Contracts
These diverse asset classes provide both downside protection and upside potential.
It won't be the full exposure of the resulting position if you're exercised against - it will be an amount based on the risk of underlying asset. Most brokers will adopt the SPAN Margin method or the like for this.
of initial margin and maintenance margin for each futures contract, but Futures Commission Merchants may require their customers to post margin at higher levels than those specified by the exchange. Futures margin is determined by the SPAN margining ...
 See also: Margin, Trading, Hedge, Market, Contract
  
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