Turn to Figure 2.12 and find the S&P 60 futures.
a. Suppose you buy one contract for December delivery. If the contract closes in December at a price of 900, what will your profit be?
b. How many December contracts are outstanding?

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Name BAX Options on BAX CGF CGB OGB SKO SKF SKM SKK Equity options ETF options Share futures USX Total Month SE 17 OC 17 NO 17 Open 98.540 0.000 0.000 98.255 98.100 98.010 98.010 97.950 97.910 97.870 97.840 97.800 Volume 97.750 97.710 97.670 151.999 8.000 804 50.578 137.240 135.850 0 540 13.020 327 0 182,710 239.132 4.678 0 651.788 DE 17 MR 18 JN 18 SE 18 97.950 DE 18 97.910 MR 19 97.870 IN 19 97.840 SE 19 97.800 DE 19 97.740 MR 20 97.700 JN 20 97.670 Ten-Year Government of Canada Bond Futures (CGB) SE 17 137.240 DE 17 135.730 S&P/TSX 60 Index Standard Futures (SXF) SE 17 0.000 0.000 DE 17 885 400 887.200 MR 18 0.000 0.000 Volume by Product 98.535 0.000 0.000 98.240 98.075 Three-Month Canadian Bankers' Acceptance Futures (BAX) High Low Settlement Change 98.545 0.000 0.000 98.255 98.100 97.980 97.910 97.860 97.820 97.800 97.770 97.730 97.700 97.670 137.240 135.470 0.000 883.300 0.000 98.540 98.510 98.470 98.250 98.090 98.000 97.930 97.880 97.850 97.820 97.780 97.740 97.700 97.660 137.220 135.630 Transactions 890.330 885.500 882.100 9,738 3 37 20.539 0 10.364 56 0 5,713 334 39 0 46,824 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 -0.010 -0.010 0.000 0.010 -0.020 -0.020 0.020 -0.040 0.000 -0.600 0.000 Open Interest 958,605 197,556 5,784 512,066 Volume 10.748 0 0 17,670 22,726 24,361 21.161 18,136 25,540 9,322 1,145 873 311 6 50,574 0 13,020 Figure 2.12 Montréal Exchange Market Review, September 15, 2017 Source: Canadian Derivatives Exchange, https://www.m-x.ca/revue_march_en.phpad-3924 (accessed September 15, 2017). 2,591 149,155 288,000 1,787 200 2,947,311 1,953,662 248,816 828 7,266,361 Open int 113,185 0 201.680 172,265 131,100 100.398 136,494 56,385 32,754 9,560 2,649 1,935 200 2.132 509,934 47,010 240,890 100 BAX®, ONX®, OBX®, CGZ, CGF, CGB, LGB®, OGB and USX® are registered trademarks of Bourse de Montréal Inc. CIS-MX™, EMF", SXF", SXM™, SCF" and SXO" are trademarks of Bourse de Montréal Inc.