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Help please! You entered into a futures contract to buy 62,500 at $1.20/ yesterday. Your initial margin was $4,200. Your maintenance margin is $2,500 (meaning
Help please!
You entered into a futures contract to buy 62,500 at $1.20/ yesterday. Your initial margin was $4,200. Your maintenance margin is $2,500 (meaning that your broker leaves you alone until your account balance falls to $2,500 ). At what settle price will you get a margin call? $1.2750/ $1.0272/ $1.1728/ $1.5800/
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