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Assume that an investor has a long position in standard CME EUR futures contract (EUR 125,000) and that todays settlement price is $1.1678 per euro.
Assume that an investor has a long position in standard CME EUR futures contract
(EUR 125,000) and that todays settlement price is $1.1678 per euro. If the balance in
the investors performance bond account is currently $2,500 and according to his/her
brokers margin rules new money must be deposited if the balance falls to $1,900, at
what EUR futures settlement prices would his/her broker demand additional money
be deposited?
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