Explain how the clearinghouse would record the following: a. Mr. A buys a September S&P 500 futures

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Explain how the clearinghouse would record the following:

a. Mr. A buys a September S\&P 500 futures contract from Ms. B for 2,000 on June 20.


b. Mr. D buys a September S\&P 500 futures contract from Mr. E for 2,100 on June 25.


c. Ms. B buys a September S\&P 500 futures from Mr. D for \(\$ 2,200\) on June 28.


d. Mr. E buys a September S\&P 500 futures from Mr. A for \(\$ 2,500\) on July 3 .


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