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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Future Contracts
Dear Tutor,
If we buy lets say 1million furture today by paying a dealer margin, and then after a week when the future’s price go up, I ask the dealer to sell the 1million futures, then when do I settle the payment (margin + profit/ (loss)) with the dealer? Is it going to be at the end of the deal or at end of the future’s settlement date?
It is at the end of the deal.
