S(a) What does marked to market mean? On January 15 when the price of Neptune Ltd share is Rs. 473, a trader buys 10 contracts of March future on Neptune at Rs. 491. Assume that the initial margin is Rs. 800 per contract and 100 shares underlie each futures contract. Daily settlement price for the next few days are as follows: Jan 15 Jan 16 Jan17 Jan 18 Jan 19 Rs.496 503 488 485 491 What are the profit/losses for the trader over the five days