Question
You sell a futures contract for 2,500,000 Russian Rubles at $0.01236/RUB. The initial performance bond is $3,100 and the maintenance margin is $2,100. Fill in
- You sell a futures contract for 2,500,000 Russian Rubles at $0.01236/RUB. The initial performance bond is $3,100 and the maintenance margin is $2,100. Fill in the table below. Remember, you may have to deposit additional funds in the account.
|
| Perf. Bond |
|
|
|
|
|
Mon. morn. | 0.01236 | $3,100.00 |
|
|
|
|
|
Mon. close | 0.01237 |
| Gain/(loss) for the day, plus any additional funds that need to be deposited into the account |
|
|
| Ending balance for the day |
|
|
|
|
Tues. close | 0.01238 |
| Gain/(loss) for the day, plus any additional funds that need to be deposited into the account |
|
|
| Ending balance for the day |
|
|
|
|
Wed. close | 0.01259 |
| Gain/(loss) for the day, plus any additional funds that need to be deposited into the account |
|
|
| Ending balance for the day |
|
|
|
|
Thur. close | 0.01279 |
| Gain/(loss) for the day, plus any additional funds that need to be deposited into the account |
|
|
| Ending balance for the day |
|
|
|
|
Fri. close | 0.01269 |
| Gain/(loss) for the day, plus any additional funds that need to be deposited into the account |
|
|
| Ending balance for the day |
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