Assume today’s settlement price on a CME EUR futures contract is $13140/EUR You decide to open a SHORT position in one contract The initial performance bond is 3% of contract value and the...



Assume today’s settlement price on a CME EUR futures contract is $13140/EUR


You decide to open a SHORT position in one contract


The initial performance bond is 3% of contract value and the maintenance performance bond is 2% of contract value
At the close of the next business day, if the new settlement price for that contract is $13300, what is the new balance of your margin account?





May 09, 2022
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