Question: A trader enters into a US Treasury Bond Future Contract with the following transactions: a. Initial margin per contract is $1,000,00 b. Day 1: Trader
A trader enters into a US Treasury Bond Future Contract with the following transactions: a. Initial margin per contract is $1,000,00 b. Day 1: Trader buys 20 June contract at 93-05 c. Day 2: Settlement price rise to 93-30 (increase 25 ticks) d. Day 3: Settlement price falls to 93-10 (down 20 ticks) e. Day 4: Trader closes out position at 93-05 (down 10 ticks) Questions: identify the
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