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An investor buys one December gold futures of contract size 100gms on1November at Rs400 per gram with an initial margin of 10% and maintenance margin
An investor buys one December gold futures of contract size 100gms on1"November at Rs400 per gram with an initial margin of 10% and maintenance margin of 75%of initial margin. Set up a Buyers' Margin account and Seller's Margin Account on daily basis if the the price for first 1 0 days are as follows: Rs 400,403 398,390,392,387,394,401,405, 410.
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