Question: Using the quotations in Exhibit 7.3, calculate the face value of the open interest in the September 2019 Swiss franc futures contract. (Enter your answer

Using the quotations in Exhibit 7.3, calculate the face value of the open interest in the September 2019 Swiss franc futures contract. (Enter your answer in Swiss Francs)

Face Value in Swiss Francs ___________

Using the quotations in Exhibit 7.3, calculate the face value of the

Change Open interest 153,601 -.00070 -.00070 .00045 .00045 144,458 3,190 144,222 .0043 .0043 73,541 42 EXHIBIT 7.3 CME Group Currency Futures Contract Quola Open High Low Settle Currency Futures Japanese Yen (CME)-12,500,000; $ per 100 June 90320 .90440 90135 90230 Sept 91005 91005 .90840 .90875 Canadian Dollar (CME)-CAD 100,000; $ per CAD June .75125 .75350 .75030 .75110 Sept .75500 .75500 .75260 .75265 British Pound (CME)-62,500; $ per June 1.3182 1.3245 1.3169 1.3206 Sept 1.3243 1.3298 1.3238 1.3263 Swiss Franc (CME)-CHF 125,000; $ per CHF June 1.0090 1.0118 1.0083 1.0093 Sept 1.0169 1.0181 1.0159 1.0179 Australian Dollar (CME)-AUD 100,000, $ per AUD June .7080 .7141 .7065 .7128 Sept .7094 .7149 .7083 .7141 Mexican Peso (CME)-MXN 500,000; $ per MXN June .05142 .05134 .05143 Euro (CME)-125,000; $ per June 1.12720 1.13260 1.12720 1.13100 Sept 1.13610 1.14100 1.13610 1.13955 Euro/Japanese Yen (ICE-US) 125,000; per June 124.802 125.52 124.68 125.35 125.45 Euro/British Pound (ICE-US) 125,000; per June .85485 .85800 .85245 .85645 Sept .85940 .85740 .85920 Euro/Swiss Franc (ICE-US) 125,000; CHF per June 1.1174 1.1208 1.1173 1.1206 148,024 .0054 .0054 227,270 .00405 .00405 480,009 8,844 .55 57 0 27.741 54 .0035 10,623 Sources: All quotations are April 3, 2019 values from the CME Group website, www.cmegroup.com/trading/tx/

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