| Description |
STEPS
Create a contract for 640 * 60 kg bag
Price the contract for 1 lot= 125 c/lb
Settlement price foir DEC 18= 108.95
Issue
Load the Mark to market
Check the contract futures
and Net pnl
ISSUE
Contract future is shwoing wrong value and it is not considering the weighted average for the future price
in this case
((Fixed lot(1) * Fixed price ( 125*22.0462) )+ (Unfixed lot (1) * (settlement price ( 108.95*22.0462))/2( total number of lots)=2578.85
Acceptance
It should calcualte the weighted average when the contract is partially priced
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