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5 Using the following information, calculate the total margin that the clearing house will require from the short side of the trade at the end

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5 Using the following information, calculate the total margin that the clearing house will require from the short side of the trade at the end of day 1. Transaction Equity Index Futures Number of contracts traded Initial margin amount (per contract) Contract size (5) Initial futures price Futures price at end of Day 1 20,000 1,000 X Futures Price 1,990 2,005 Initial margin paid by? Both long and short Select ones 75,000.0 25,000.0 115.000.0 175,000.0

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