Assume today's settlement price on a CME EUR futures contract is $1.3150/EUR. You have a long position in one contract.

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Assume today's settlement price on a CME EUR futures contract is $1.3150/EUR. You have a long position in one contract.

Post by answerhappygod »

Assume Today S Settlement Price On A Cme Eur Futures Contract Is 1 3150 Eur You Have A Long Position In One Contract 1
Assume Today S Settlement Price On A Cme Eur Futures Contract Is 1 3150 Eur You Have A Long Position In One Contract 1 (19.58 KiB) Viewed 121 times
Assume today's settlement price on a CME EUR futures contract is $1.3150/EUR. You have a long position in one contract. Your performance bond account currently has a balance of $2,200. The next three days settlement prices are $1.3136. $1.3143, and $1.3059. Calculate the changes in the performance bond account from daily marking-to-market and the balance of the performance bond account after the third day. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Changes in the performance bond account
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply