For example, the face value of a USD/JPY contract is USD 65,438+000,000, and the spread is 3 points (the smallest change unit is USD 0.065,438+0), and the margin requirement of each contract is USD 65,438+0000. The USD/JPY quotation is 105.30/33. If the customer sells 5 lots at 105.30, a deposit of USD 5,000 is required, and the customer needs at least a deposit of USD 1000 per lot.

The dollar did weaken against the yen, so the price dropped to 104.27/30. For this information, the customer's reaction was to close the position, so he bought 5 lots on 104.30. The customer made a profit in the transaction 100 points (105.30- 104.30).

If you sell at 105.30 and buy at 104.30, the profit at 100 will be (105.30-104.30) */kloc-0. So the total profit is $4793.65 (958.77 * 5 contract).

1.5 USD/JPY selling price105.30–buying price 104.30.

+100 integral

2.(( 105.30 - 104.30)* 100000* 1) / 104.30

$958.77 per contract

3.958.77 USD *5 (contract quantity, 5)

Gross profit is USD 4,793.85.

* The above calculation does not include commission.

Your question should at least be realistic. When did the US-Japan contract price exceed 1.0006?