Question
4. Suppose the S&P 500 e-mini index futures price is currently 1200. You wish to purchase four futures contracts on margin. a. What is the
4. Suppose the S&P 500 e-mini index futures price is currently 1200. You wish to purchase four futures contracts on margin.
a. What is the notional value of your position?
b. Assuming a 10% initial margin, what is the value of the initial margin?
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Financial Crimes
Authors: Maximilian Edelbacher, Peter Kratcoski, Michael Theil
1st Edition
0367866528, 978-0367866525
