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Assume you are a dollar investor and short a EUR futures contract at CME (AC125000) at todays settlement price of $1.3140/AC. Your performance bond account
Assume you are a dollar investor and short a EUR futures contract at CME (AC125000) at todays settlement price of $1.3140/AC. Your performance bond account currently has a balance of $1700. The next three days settlement prices are $1.3126, $1.3133, $1.3049.
- Calculate the changes in the performance bond account day by day
- And assuming you have a long position in the futures contract
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