How Does Daily Settlement Affect the Cash Flow for Futures Traders?

Daily settlement means that profits are immediately credited to the trader's margin account, and losses are immediately debited. This creates daily cash flow fluctuations.

A profitable position provides cash that can be withdrawn or used as margin for new trades, while a losing position requires cash to be deposited to meet margin calls. This reduces the credit risk of the position.

How Does the Dividend Yield Factor into the Black-Scholes Model (Or Its Extension)?
How Does MTM Impact the Cash Flow of a Futures Trader?
How Do Exchanges Typically Manage the Risk of RBF-enabled Deposits?
How Does the Concept of ‘Mark-to-Market’ Affect a Miner’s Cash Flow When Using Futures for Hedging?
How Does the “Daily Settlement” Process Work in Futures Trading?
How Does the Daily Settlement Process Differ for Futures and Options?
How Does the Daily Mark-to-Market Process Impact the Cash Flow of a Futures Trader?
How Does ‘Unrealized P&L’ Affect Cross Margin?

Glossar