10. Ali has a long position in 50 futures contracts on Day 1. The daily futures limit is €10 and the closing settlement price is €105. On Day 2, the futures trade at €115 and the bid and ask prices rise to €116 and €118 respectively. The futures prices remain at these levels until the market closes.

At the end of the 2nd day, the trader’s account has the closest amount at the market price:

A. EUR 500.00

B. EUR 550.00

C. EUR 650.00

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