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A USDCNH futures contract on HKEX covers USD100,000 with a minimum price change of $0.0001 is sold for CNH 6.6546. If you just place the
A USDCNH futures contract on HKEX covers USD100,000 with a minimum price change of $0.0001 is sold for CNH 6.6546. If you just place the initial margin of CNH11,305 and the maintenance margin is CNH 9,044, at what price would there be a margin call?
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Introduction To Derivatives And Risk Management
Authors: Don M. Chance, Robert Brooks
10th Edition
130510496X, 978-1305104969
