Suppose on November 17, you buy fifteen (15) December Copper Futures contracts, which have a 100-ounce contract
Fantastic news! We've Found the answer you've been seeking!
Question:
What are the initial and maintenance margin amounts?
At the end of November 21st, what is the total of funds withdrawn due to gains, if any?
If you wanted to close out your position at the end of November 21st, what would you do?
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
Posted Date: