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How do i calculate margin call with this information? for example there is a futures contract that covers 5000 pounds with a minimum price change
How do i calculate margin call with this information?
for example
there is a futures contract that covers 5000 pounds with a minimum price change of $0.01 and this is sold for $31.60 per pound
if the initial margin = $2525 and the maintenance margin is $1000 at what price would there be a margin call?
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