Can the volume of trading in a day be greater than

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Can the volume of trading in a day be greater than the open interest?
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Euro FX Futures
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Margin and Daily Settlement Margin A good-faith deposit (or performance bond) made by a prospective trader with a broker. A margin is cash or marketable securities The balance in the margin account is adjusted to reflect daily settlement Margins minimize the possibility of a loss through a default on a contract
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