Yesterday you sold six-month futures on the German DAX stock market index at a price of 4,820.
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Yesterday you sold six-month futures on the German DAX stock market index at a price of 4,820. Today the DAX closed at 4,800 and DAX futures closed at 4,840. You get a call from your broker, who reminds you that your futures position is marked to market each day. Is she asking you to pay money, or is she about to offer to pay you?
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