Question
At 11 a.m., a trader takes a short position in 55 Eurodollar futures contracts. The 11 a.m. futures price is 99.879. At the end of
At 11 a.m., a trader takes a short position in 55 Eurodollar futures contracts. The 11 a.m. futures price is 99.879. At the end of the day, the Eurodollar futures settlement price is 99.460. What is the trader's mark-to-market (MTM) for the day?
Enter your answer in the box below. Use two decimal places. Do not include the dollar sign, $.
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Foundations In Personal Finance
Authors: Dave Ramsey
3rd Edition
1936948524, 978-1936948529
