spot 2910

Forward 2957.21 1.01622337

n 120 1.04946397
cierre dólar 4000 4.95%

Importador 50,000

delivery 147,860,500 nondelivery 1042.79

sin forward 200,000,000 52,139,500
52,139,500

Suponga que se contrata la compra futura de bien

en 10.000.000, cuyo margen inicial es de
2.000.000, y margen de mantenimiento de
1.500.000, a 5 periodos

Periodo 1 : 11.000.000
Periodo 2 : 11.500.000
Periodo 3 : 10.500.000
Periodo 4 : 9.500.000
Periodo 5 : 8.500.000
ura de bien
ial es de 1 2 3
11,000,000 11,500,000 10,500,000
miento de Comprador

Margen 2,000,000
Ganancia del periodo 1,000,000 500,000 (1,000,000)
Saldo margen 3,000,000 3,500,000 2,500,000
adicion margen 0 0 0
Saldo Final 3,000,000 3,500,000 2,500,000
Perdida acumalado 1,000,000 1,500,000 500,000

Vendedeor

Margen 2,000,000
Ganancia del periodo (1,000,000) (500,000) 1,000,000
Saldo margen 1,000,000 1,500,000 3,000,000
adicion margen 1,000,000 500,000 0
Saldo Final 2,000,000 2,000,000 3,000,000
Perdida acumalado (1,000,000) (1,500,000) (500,000)
 4 5
9,500,000 8,500,000
or

(1,000,000) (1,000,000)
1,500,000 1,000,000
500,000 1,000,000
2,000,000 2,000,000
(500,000) (1,500,000)

7,000,000
or 4,000,000
3000000

1,000,000 1,000,000
4,000,000 5,000,000
0 0
4,000,000 5,000,000
500,000 1,500,000