Question: Phease answer the next question based on the closing July futures contract prices for GBP for three consecutive days in December 20xX. You sold three

 Phease answer the next question based on the closing July futures
contract prices for GBP for three consecutive days in December 20xX. You

Phease answer the next question based on the closing July futures contract prices for GBP for three consecutive days in December 20xX. You sold three GBP futures contract at the closing price on 12/01. Each GBP futures contract requires the delivery of GBP 150,000 . Suppose, the initial and maintenance margin for each EUR futures contract are $2,000 and $1,500, respectively. The proft/ / loss posted to your account at the close of 12/03 is: 5900 18900 5800 Please anawer the next question bused on the closing luly futires contract prices for GBP for three consecutive days in December 20x\% You sold three GeP futures contract at the closing price on 12/01. Each GBP futures dins in December 2000. Vou sold thee GEP fuAues contrict at the elosing ince on 12/01. Each GBP futures contract are $2.000 and 51.500 , respectively. Aswaming thut you meet your margin calk, if vou get amm, plesse estimute how much moner you werl have in your margin account at the dose of the trading dy on 12/03 : 35,100 sin85 12900 13000

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