The initial margin for traders in the SPI200 contract is $7,655 per contract and the maintenance margin is $6,806 per contract Consider the following table of trades in the SPI200 futures contract Presume this is your first day of trading the SPI200 What was the total profit or loss from the days trading, in points and dollars How much was transferred to your account and by whom Number of contracts traded Price 40 (ie short 40 contracts) 7319 70 (ie long 70 contracts) 7349 65 7333 20 7368 40 7381 Close 7361 Gain of 2000 points, which is $20,000 00 for $20,000 deposited by those who lost money Loss of 2000 points, which is $20,000 00 for $20,000 deposited by you Loss of 55 points, which is $2,750 00, for no amount deposited by anybody Loss of 2000 points, which is $50,000 00, for $3,305 deposited by you

The Answer is in the image, click to view ...

Question: The initial margin for traders in the SPI200 contract is $7,655 per contract and the maintenance margin is $6,806 per contract. Consider the following table

The initial margin for traders in the SPI200 contract is $7,655 per contract and the maintenance margin is $6,806 per contract. Consider the following table of trades in the SPI200 futures contract. Presume this is your first day of trading the SPI200.

What was the total profit or loss from the days trading, in points and dollars?

How much was transferred to your account and by whom?

Number of contracts traded	Price
-40 (ie short 40 contracts)	7319
+70 (ie long 70 contracts)	7349
-65	7333
+20	7368
-40	7381
Close	7361

		Gain of 2000 points, which is $20,000.00 for $20,000 deposited by those who lost money
		Loss of 2000 points, which is $20,000.00 for $20,000 deposited by you
		Loss of 55 points, which is $2,750.00, for no amount deposited by anybody
		Loss of 2000 points, which is $50,000.00, for $3,305 deposited by you

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

QUESTION 4 The initial margin for traders in the SPI200 contract is $7,655 per contract and the maintenance margin is $6,805 per contract. Consider the following table of trades in the SPIZOU futures...

QUESTION 5 The initial margin for traders in the SP1200 contract is $7,655 per contract and the maintenance margin is $6,806 per contract. Consider the following table of trades in the SP1200 futures...

QUESTION 4 The initial margin for traders in the SP1200 contract is $7,655 per contract and the maintenance margin is $5,749 per contract. Consider the following table of trades in the SP1200 futures...

derivatives QUESTION 5 The initial margin for traders in the SP1200 contract is $7,655 per contract and the maintenance margin is $6,806 per contract. Consider the following table of trades in the...

The initial margin for traders in the SP1200 contract is $7,655 per contract and the maintenance margin is $5,749 per contract. Consider the following table of trades in the SP1200 futures contract....

QUESTION 2 Consider the following table of trades in the 7225 call option on the SP1200 futures contract. Rather than trading in a single derivative to close out this trade, what other trade also...

QUESTION 12 The initial margin for traders in the SPIZOU contract is $7,655 per contract and the maintenance margin is $6,806 per contract. Consider the following table of trades in the SPI200...

derivatives The initial margin for traders in the SP1200 contract is $7,655 per contract and the maintenance margin is $6,806 per contract. Consider the following table of trades in the SP1200...

Complete the Table with the Following Data: Equation (1) Ba(HPO4)2: XBa Equation (2) BaHPO4: = = Equation (3) Ba3(PO4)2: XBa = ,2+ 1 mol Ba 1 mol Ba+ + 2 mol HPO4 1 mol Ba+ 1 mol Ba+ +1 mol HP02-...

Topic Focus: Money, Management and Marketing Functions of International Business Write an essay on International Strategic Planning in 2013. Using information from the above sources (at least three...

The costs incurred even when foo output is prodioced are called external conts. muntar corts varlable costs. Rotat conts

Consider where you currently work, where you have previously worked, or a well-known company where you would like to work. Describe this company and identify whether it would prepare a schedule of...