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Suppose you enter into a short position in one gold futures contract when the futures price is $1245. margin is $6000 per contract, the maintenance
Suppose you enter into a short position in one gold futures contract when the futures price is $1245. margin is $6000 per contract, the maintenance margin is $4500, and the contract size is 100 ounces. the following chart and show all calculations below: The initial Complete Day Settlement price Daily gainCumulative Gain Margin Acct Bal.Margin Call 1 1243 2 1251 3 1262
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