Initial Futures Price= Rs.

100

Initial Margin Reguirement= Rs. 5

Maintenance Margin Requirement= Rs.3

Holder of Long Position of 10 Contracts

Days
0
1
2
3
4
5
6

Beginning Balance
0
50
42
10
100
125
120

Funds Deposited
50
0
0
40
0
0
0

Settlement Price
100
99.2
96
101
103.5
103
104

Futures Price Change

0.00
(0.80)
(3.20)
5.00
2.50
(0.50)
1.00

Gain/Loss
0.00
(8.00)
(32.00)
50.00
25.00
(5.00)
10.00

gin Requirement= Rs.3

Ending Balance
50
42
10
100
125
120
130

Initial Futures Price= Rs.100

Initial Margin Reguirement= Rs. 5

Maintenance Margin Requiremen

Holder of Short Position of 10 Contracts

Days
0
1
2
3
4
5
6

Beginning Balance
0
50
58
90
40
15
55

Funds Deposited
50
0
0
0
0
35
0

Settlement Price
100
99.2
96
101
103.5
103
104

Futures Price Change

0.00
(0.80)
(3.20)
5.00
2.50
(0.50)
1.00

aintenance Margin Requirement= Rs.3

Gain/Loss
0.00
8.00
32.00
(50.00)
(25.00)
5.00
(10.00)

Ending Balance
50
58
90
40
15
55
45