Question
You open a long position of $1 million total value on euro futures at a spot FX rate of $1.2568/. The closing prices of the
You open a long position of $1 million total value on euro futures at a spot FX rate of $1.2568/. The closing prices of the future for the next days are $1.2565/ (Day 1), $1.2543/ (Day 2), $1.2534/ (Day 3), and $1.2634/ (Day 4).
What is the daily balance of your margin account?
Correct answer please for the upvote. asap
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Supply Chain Construction The Basics For Networking The Flow Of Material Information And Cash
Authors: William T. Walker
1st Edition
1482240467,1482240475
