Question
Please complete the changes to your daily margin account if you had a LONG POSITION. What is the gain or loss after 3 days on
Please complete the changes to your daily margin account if you had a LONG POSITION. What is the gain or loss after 3 days on the LONG POSITION?
CME YEN FUTURES CONTRACT SIZE YEN 12,500,000 MARGIN ACCOUNT USD 2000 USD/Y100 0.8011 SHORT POSITION (SELL) USD/YEN100 CHANGE BALANCE day 1 0.8057 -575 1425 day 2 0.7996 762.5 2187.5 day 3 0.7985 137.5 2325 GAIN/LOSS 325 CME YEN FUTURES CONTRACT SIZE YEN 12500000 MARGIN ACCOUNT USD 2000 USD/Y100 0.8011 LONG POSITION (BUY) USD/YEN100 CHANGE BALANCE day 1 0.8057 ? ? day 2 0.7996 ? ? day 3 0.7985 ? ? GAIN/LOSS ?
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