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What margin call you will receive at the close of the trading day on 11/03? Time's up No one said it would be easy :

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What margin call you will receive at the close of the trading day on 11/03? Time's up No one said it would be easy : December FX futures contract prices for GBP: November 1 - 4 Each contract requires the delivery of GBP 62,500. The initial and maintenance margin for GBP futures contract are $3,000 and $1,500, respectively. You sold two GBP contract at the closing price on 11/01 11/01 11/02 11/03 Futures Contract Price $1.8700 51.8844 $1.9132 51.8772 Date 11/04 After you meet your margin call, if any, your account balance at the close of 11/03 will have 101 December FX futures contract prices for GBP: November 1-4 Each contract requires the delivery of GBP 62,500. The initial and maintenance margin for GBP futures contract are $3,000 and $1,500, respectively. You sold two GBP contract at the closing price on 11/01 Date 11/01 11/02 11/03 11/04 Futures Contract Price $1.8700 S18844 $1.9132 $1.8772 Based on the information given below, you will get a margin call from the exchange on: 6 December FX futures contract prices for GBP: November 1 - 4 Each contract requires the delivery of GBP 62,500. The initial and maintenance margin for GBP futures contract are $3,000 and $1,500, respectively. You sold two GBP contract at the closing price on 11/01 Date 11/01 11/02 11/03 11/04 Futures Contract Price S1.8700 S1.8844 $1.9132 $1.8772 If spot price for CAD is $0.7275, which one of the following options is in-the- money? Time's up It's not over just yet! contract has 50,000 CAD Calls Puts Vol. Last Vol. Lost 50,000 Canadian Dollars.cents per unit. 72 Sep 2 1.05 22 JUI 0.13 727 Sep 3 1.23 13 Jul 50 0.Z 73 Sep 739 Sep 2 2.26 757 Sep 3.95 767 Sep 23 4.88 wee : *

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