Hi all I am learning about cfd's and I am using the ASX cfd simulator. The variation margin, which is listed under the "margin" column (third from the right) under "my portfolio" seems very high and I can't figure out how the simulator is calculating the variation margin. I thought that the variation margin was calculated by mutiplying the difference between the opening price and the current price by the number of contracts that I have. Is this correct or am I missing something? Any help or comments are appreciated Greg
