You placed $150,000 in your future trading account have just bought your first HSI futures contract today @ 21,025, at market close the HSI future closed at 20719.  Currently the initial margin for HSI is $122,892, the maintenance margin is $98,313.  HSI futures is $50 per index point

What is your margin account balance as of market closed today?  
 

Answer rating: 100% (QA)

To calculate the margin account balance we need to know the initial margin ... View the full answer