You sold short two index futures contract at the opening price of 2452 25 on July 1 The contract moves $500 in value per point ($125 per tic, or, per 1 4 point) The initial margin requirements is $9,000 per contract and the maintenance margin is $6,000 per contract The settlement price for July 1 ...

To calculate the balance of your margin account at the end of the day on July 1 we need to conside ...

You sold short two index futures contract at the opening price of 2452.25 on July 1....

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Introduction To Derivatives And Risk Management

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You sold short two index futures contract at the opening price of 2452.25 on July 1....

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Introduction To Derivatives And Risk Management

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