Germany began observing daylight saving to conserve fuel during World War I. The U.S. went through a lot of back-and-forth regarding daylight saving. The practice was adopted in 1918, abolished for unpopularity after WWI and reinstated during WWII â at this time it was called War Time and took place year round.
After its stock traded below $1 for 30 consecutive days Molycorp (MCP) received a delisting notice from the NYSE on December 30, 2014. An average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month.
(c) 18. A speculator sold one 10-year T-note futures contract for $100,000 of face value of T- notes at 99'04.5. He posted a $2,500 margin on his account. The contract's closing price at the end of the day is 98'24. What is the amount of funds on the speculator's account after marking-to-market?