Assume you purchased one June Euro futures contract on January 6, 2020 at the price of $1.3623. The contract size is 125,000 with an initial margin of $2430.00. (a) Was your position on the futures a short or a long position? (b) Explain how the CME group marked to market your position (your margin account) if the settlement price

Sep 8, 2023

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Assume you purchased one June Euro futures contract on January 6, 2020 at the price of $1.3623. The contract size is 125,000 with an initial margin of $2430.00. (a) Was your position on the futures a short or a long position? (b) Explain how the CME group marked to market your position (your margin account) if the settlement price
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