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Question for Discussion Consider a short position in the /$ futures contract specifying 62,500, quoted in 1.95, and maturing in 3 months. The initial margin

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Question for Discussion Consider a short position in the /$ futures contract specifying 62,500, quoted in 1.95, and maturing in 3 months. The initial margin requirement is $2,000 and the maintenance margin is $1,500. Fill the table below. Opening or Margin Deposit or Margin Day settle FX rate adjustment withdrawal account Day 0 /$ = 1.9500 Day 1 /$ = 1.9400 Day 2 /$ = 1.9560 Day 3 /$ = 1.9600 Day 4 /$ = 1.9460

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