Question
Assume today's settlement price on a CME EUR futures contract is $1.1655/EUR. You have a short position in one contract. Your performance bond account currently
Assume today's settlement price on a CME EUR futures contract is $1.1655/EUR. You have a short position in one contract. Your performance bond account currently has a balance of $1,800. The next three day's settlement prices are $1.1625, $1.1643, and $1.1577. One CME EUR futures contract size is EUR125,000. What is the balance of the performance bond account after the third day?
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1st Edition
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