Options
-
₹0
Correct answer
- B
₹−400
- C
₹800
- D
₹−600
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NSM General NISM
Medium
#NISM Series VA
A trader buys 20 lots of USDINR at ₹65.80 and sells 4 lots at ₹65.90 on the same day. If the day's settlement price is ₹65.80, what is the MTM margin on open positions?
Practice question from NISM Series I - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.