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Suppose you had a long position in one December 2015 Australian dollar futures contract and kept it open until the end of the last trading
Suppose you had a long position in one December 2015 Australian dollar futures contract and kept it open until the end of the last trading day of the contract. Your contract went to delivery. The contract size was A$100,000. If the contract settlement price at the end of the last trading day was $0.8000/A$ in CME, then ________________________.
You received A$100,000 and paid $80,000 on the delivery date.
You paid A$100,000 and received $80,000 on the delivery date.
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