Question
You sell one December futures contract when the price is 1010 per unit. Each contract is on 100 units. The initial margin is $2000/contract and
You sell one December futures contract when the price is 1010 per unit. Each contract is on 100 units. The initial margin is $2000/contract and the maintenance marginn is $1500/contract. The next day the futures price rises to 1012. What is the balance in your account?
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Stocks Bonds And Taxes A Comprehensive Handbook And Investment Guide For Everybody
Authors: Phillip B. Chute
1st Edition
1732885532, 978-1732885530
