Business, 18.12.2019 23:31 isabelperez063
At the end of one day a clearing house member is long 100 contracts, and the settlement price is $50,000 per contract. the original margin is $2,000 per contract. on the following day the member becomes responsible for clearing an additional 20 long contracts, entered into at a price of $51,000 per contract. the settlement price at the end of this day is $50,200. how much does the member have to add to its margin account with the exchange clearing house?
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At the end of one day a clearing house member is long 100 contracts, and the settlement price is $50...
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