HSImain HSI Futures Main(JAN3) Day Session 01/26 13:55:02 22474+ +489 +2.22% Volume 101706 Position 90785 Position...
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HSImain HSI Futures Main(JAN3) Day Session 01/26 13:55:02 22474+ +489 +2.22% Volume 101706 Position 90785 Position Change a. At Premium 4 High 22512 Open 21983 Prev Settle 21985 Multiplier 50 Low 21934 Prev Close 21985 LTD Watchlist To Expiry Date Hang Seng Index 22470.01 +425.36 +1.93% Consider the Hong Kong Exchange. Above shows the market information of HSI futures at some point in time. Each HSI futures contract has a market value of $0 and a notional value of $1123700. Suppose there are three traders, A, B, and C. Over one day, the following trades occur: A long, B short, 7 contracts. A long, C short, 10 contract. B long, C short, 12 contracts. C long, A short, 16 contracts. What is trader A's net position in the contract at the end of the day? (Calculate long positions minus short positions.) HSImain HSI Futures Main(JAN3) Day Session 01/26 13:55:02 22474+ +489 +2.22% Volume 101706 Position 90785 Position Change a. At Premium 4 High 22512 Open 21983 Prev Settle 21985 Multiplier 50 Low 21934 Prev Close 21985 LTD Watchlist To Expiry Date Hang Seng Index 22470.01 +425.36 +1.93% Consider the Hong Kong Exchange. Above shows the market information of HSI futures at some point in time. Each HSI futures contract has a market value of $0 and a notional value of $1123700. Suppose there are three traders, A, B, and C. Over one day, the following trades occur: A long, B short, 7 contracts. A long, C short, 10 contract. B long, C short, 12 contracts. C long, A short, 16 contracts. What is trader A's net position in the contract at the end of the day? (Calculate long positions minus short positions.)
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To calculate Trader As net position in the contracts at the end of the day we need to consid... View the full answer
Related Book For
Fundamentals of Investments, Valuation and Management
ISBN: 978-1259720697
8th edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
Posted Date:
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