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... Zhongshi still invested 50 million U.S. dollars in the IMM (International Monetary Market) under the CME Exchange. I bought the USD/JPY futures in March. The exchange rate is 110.85 yen to 1 USD, and the total number of lots is 5,000.
IMM's Japanese yen futures leverage is 30 times, and in order to maintain the risk, the broker finally got the price of 4,000 US dollars for each contract in Zhongshi's hands, and the 5,000-lot contract is exactly 20 million US dollars, and the entire target ...
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