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Mark-to-Market Long Perspective

Current Price 100.00 Theory


Initial Margin Requirement 5.00 1. At the beginning total initial margin is deposited
Maintenance Margin 3.00 2. Settlement price is the average of latest settlement prices
No. of Long Contracts 10.00 3. Total change in price is adjusted with the fund available to get to e
4. Negative price change represents loss and positive price change re

Beginning Funds Total Settlement Price


Day Balance Deposited Available Fund Price Change
0 - 50.00 50.00 100.00 -
1 50.00 - 50.00 103.00 3.00
2 80.00 - 80.00 108.00 5.00
3 130.00 - 130.00 92.00 (16.00)
4 (30.00) 80.00 50.00 93.00 1.00
5 60.00 - 60.00 91.00 (2.00)
6 40.00 - 40.00 109.00 18.00
7 220.00 - 220.00 101.00 (8.00)
8 140.00 - 140.00 98.00 (3.00)
9 110.00 - 110.00 107.00 9.00
10 200.00 - 200.00 110.00 3.00
11 230.00 - 230.00 99.00 (11.00)
12 120.00 - 120.00 98.00 (1.00)
13 110.00 - 110.00 95.00 (3.00)
Short Perspective

argin is deposited
of latest settlement prices
d with the fund available to get to ending balance
nts loss and positive price change represents profit

Ending Beginning Funds Total Settlement Price


Gain/(Loss) Balance Day Balance Deposited Available Fund Price Change
- 50.00 0 - 50.00 50.00 100.00 -
30.00 80.00 1 50.00 - 50.00 103.00 (3.00)
50.00 130.00 2 20.00 30.00 50.00 108.00 (5.00)
(160.00) (30.00) 3 - 50.00 50.00 92.00 16.00
10.00 60.00 4 210.00 - 210.00 93.00 (1.00)
(20.00) 40.00 5 200.00 - 200.00 91.00 2.00
180.00 220.00 6 220.00 - 220.00 109.00 (18.00)
(80.00) 140.00 7 40.00 - 40.00 101.00 8.00
(30.00) 110.00 8 120.00 - 120.00 98.00 3.00
90.00 200.00 9 150.00 - 150.00 107.00 (9.00)
30.00 230.00 10 60.00 - 60.00 110.00 (3.00)
(110.00) 120.00 11 30.00 - 30.00 99.00 11.00
(10.00) 110.00 12 140.00 - 140.00 98.00 1.00
(30.00) 80.00 13 150.00 - 150.00 95.00 3.00
(50.00)
Ending
Gain/(Loss) Balance
- 50.00
(30.00) 20.00
(50.00) -
160.00 210.00
(10.00) 200.00
20.00 220.00
(180.00) 40.00
80.00 120.00
30.00 150.00
(90.00) 60.00
(30.00) 30.00
110.00 140.00
10.00 150.00
30.00 180.00
50.00