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ugust 6, you go long one IMM yen futures contract at an opening price of S0.00812 with a OT-34,590 and a maintenance account of $3,400.
ugust 6, you go long one IMM yen futures contract at an opening price of S0.00812 with a OT-34,590 and a maintenance account of $3,400. The settlement prices for August 6, 7, and8 and $0.0079 land, respectively. On August 9, you close out the contract at a price of 7*.15 pointsl On A margin account of are, $0.00894, $0.00845 $0.00857. Your round-trip commission is $61.45 d margin and any Calculate the daily cash flows on your account. Be sure to take into account your require margin calls. a. b. What is your cash balance with your broker on the morning of August 10? Balance Margin Calls Time Spot Gain/loss on margin August 6 morning August 6 close August 7 close August 8 close August 9 close Net gain/loss on the futures contract (including fees and commissions) ugust 6, you go long one IMM yen futures contract at an opening price of S0.00812 with a OT-34,590 and a maintenance account of $3,400. The settlement prices for August 6, 7, and8 and $0.0079 land, respectively. On August 9, you close out the contract at a price of 7*.15 pointsl On A margin account of are, $0.00894, $0.00845 $0.00857. Your round-trip commission is $61.45 d margin and any Calculate the daily cash flows on your account. Be sure to take into account your require margin calls. a. b. What is your cash balance with your broker on the morning of August 10? Balance Margin Calls Time Spot Gain/loss on margin August 6 morning August 6 close August 7 close August 8 close August 9 close Net gain/loss on the futures contract (including fees and commissions)
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