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Assume you sign a future contract for the British pound (62,500) in the morning at the price of $1.50. The initial margin is $0.10 (per
- Assume you sign a future contract for the British pound (62,500) in the morning at the price of $1.50. The initial margin is $0.10 (per pound) and the maintenance margin is $0.05. Calculate your equity position and the variation margin (if there is any) when the settlement price at the end of the trading day is $1.48? What if the settlement price is $1.44?
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Liquidity Risk Management In Banks Economic And Regulatory Issues
Authors: Roberto Ruozi, Pierpaolo Ferrari
1st Edition
3642295800, 978-3642295805
