Using the quotations in Exhibit 7.3, calculate the face value of the open interest in the September
Question:
Using the quotations in Exhibit 7.3, calculate the face value of the open interest in the September 2019 Swiss franc futures contract.
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EXHIBIT 7.3 June Sept Open Currency Futures Japanese Yen (CME)-¥12,500,000; $ per 100% 90320 91005 Canadian Dollar (CME)-CAD 100,000; $ per CAD 75125 75500 June Sept British Pound (CME)-£62,500; $ per £ 1.3182 1.3243 CME Group Currency Futures Contract Quotations High Low June 1.3245 Sept 1.3298 Swiss Franc (CME)-CHF 125,000; $ per CHF 1.0090 1.0169 June Sept June Sept Australian Dollar (CME)-AUD 100,000; $ per AUD 7080 7141 7094 7149 June Euro (CME)-€125,000; $ per € June Sept .90440 91005 75350 .75500 June Sept Mexican Peso (CME)-MXN 500,000; $ per MXN 05142 1.12720 1.13610 1.13260 1.14100 Euro/Japanese Yen (ICE-US)-€125,000; \ per € June 124.802 125.52 85485 1.0118 1.0181 Q Euro/British Pound (ICE-US)-€125,000; £ per € 85800 85940 Euro/Swiss Franc (ICE-US) €125,000; CHF per € June 1.1174 1.1208 .90135 90840 75030 .75260 1.3169 1.3238 1.0083 1.0159 7065 7083 05134 1.12720 1.13610 124.68 85245 85740 1.1173 Settle 90230 90875 75110 .75265 1.3206 1.3263 1.0093 1.0179 7128 .7141 05143 1.13100 1.13955 125.35 125.45 85645 85920 1.1206 Change -.00070 -.00070 00045 00045 0043 0043 0054 .0054 00405 .00405 55 57 0035 Open interest 153,601 144,458 3,190 144,222 73,541 148,024 227,270 480,009 8,844 0 27,741 54 10,623
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