The initial margin on a GBP futures contract is $2035 and maintenance is $1850.  You buy one contract (62,500 Pounds) at $1.3100 and place $2035 in your account. The price of your contract drops to $1.2900 by the close that day. How much (minimum) must you deposit into your account to avoid the brokerage house from selling out your position?    

Answer rating: 100% (QA)

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