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Does that mean that for:
Account base currency = "USD"
initialEquity = 10,000
Leverage = 1:100;
Symbol = EURJPY
EURJPY(bid) = 160
ContractSize = 100,000 (EUR)
marginDeposit = ContactSize*EURJPY(bid)/ Leverage = 100.000* 160/100 =
160,000 Yen
or
marginDeposit = initilaEquity/Leverage = 10,000/ 100 = 100 USD
How AB handles FX rate conventions to determine the number of contracts
in this case?
Thanks.
Tomasz Janeczko wrote:
> Hello,
>
> Margin Deposit is in symbol currency.
>
> Best regards,
> Tomasz Janeczko
> amibroker.com
> ----- Original Message -----
> From: "pftrader" <apforex@xxxxxxxxx>
> To: <amibroker@xxxxxxxxxxxxxxx>
> Sent: Tuesday, May 13, 2008 1:05 PM
> Subject: [amibroker] Margin Deposit Question.
>
>
>
>> Is marginDeposit expressed in account's base currency or Symbol's base
>> currency?
>>
>>
>>
>> ------------------------------------
>>
>>
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