1. You placed $100,000 in your future trading account have just sold your first HSI...
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1. You placed $100,000 in your future trading account have just sold your first HSI futures contract today @ 22,997, at market close the HSI future closed at 23,296. Currently the initial margin for HSI is $87,979, the maintenance margin is $70,383. HSI futures is $50 per index point What is you margin margin account balance as of market closed today? Select one: O a. 129,150 O b. 114950 O c. 85050 O d. 99701 O e. None of the Above
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