【期货培训】铁矿石金融衍生品简介.pptVIP

CME手续费全免 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Concept of Margin Trading 初始保证金 = Initial Margin 维持保证金 = Maintenance Margin 追加保证金 = Margin Call 29 Concept of Margin Trading Day 1: Equity: USD2,000 Initial Margin: USD1,250 per lot Maintenance Margin: USD1,000 per lot FFA Route C5 1 lot = 1000 tonnes buy 1 lot Jul 07 contract USD14.00/ton Settlement price = USD14.10 Unrealised profit/loss = (14.10-14) X1000 = USD100 Equity balance: 2,000 + $100 = $2,100 Equity balance Initial Margin - No margin call 30 Concept of Margin Trading Day 2: Day 1’s settlement price = $14.10 Eq