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IN THIS SECTION:
You Must Know | Day 1| Day 2 | Day 3 | Profit/Loss Summary
Futures Margining System Example: A Hypothetical Gold Futures Contract
Profit/Loss Summary
Profit/Loss = Contract Selling Price - Contract Buying Price
100 oz.($402/oz. - $400/oz.) = $200
or
Profit/Loss = Sum of Margin Deposits and Receipts
Deposits (-) and Receipts (+)
| Day 1 |
Initial Margin (Deposit) |
- $2,500 |
| Day 2 |
Margin Call (Deposit) |
- $1200 |
| Day 3 |
Account Liquidated (Receipt) |
+ $3900 |
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