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Happy New Year I thought it would be fun to illustrate how margin requirements work for a futures contract using the new Bitcoin futures contract I am continuing an introduction to derivatives following the John Holt textbook and the frm syllabus for frm candidates and here Iamp;#39;m illustrating how margin requirements work for a futures contract normally for futures contracts I go to the long-standing suspects like corn or copper or wheat but I thought itamp;#39;d be fun to look at the very recently introduced Bitcoin futures contract thatamp;#39;s on the CME and so here I have letamp;#39;s just assume we are gonna take a long position in one Bitcoin features contract so itamp;#39;s an input assumption keep it simple with one contract and I have the size of the contract so as usual size is a specification of the contract thatamp;#39;s baked into the contract by the exchange users donamp;#39;t get to decide that and see Emmy when they design this contract decided that the Bitc