Sentences with phrase «final settlement price»

The Floating Price for each contract month will be equal to the Light Sweet Crude Oil Futures contract final settlement price for the corresponding contract month on the last trading day for the E-mini Crude Oil Futures contract month.

Specifically, when a seller makes the first offer, the final settlement price tends to be higher than when the buyer makes the first offer.»

Essentially, the OCC would determine the final settlement price «based on its judgment of what is appropriate for the protection of investors and the public interest, taking into account such factors as fairness to buyers and sellers, the maintenance of a fair and orderly market, consistency of interpretation and practice, and consistency with actions taken in related futures or other markets.»

Notably, today's 4 p.m. auction price ($ 10,900) determined the final settlement price for CBOE's first bitcoin futures, which might help explain the unusually high volume.

On Wednesday, Gemini's 4 p.m. ET bitcoin auction determined the final settlement price for CBOE's January bitcoin futures.

The Final Settlement Price shall be a special quotation of the Standard & Poor's MidCap 400 Stock Price Index based on the opening prices of the component stocks in the index, determined on the third Friday of the contract month.

Clearing members holding open positions in E-Mini Standard and Poor's MidCap 400 Stock Price Index futures contracts at the time of termination of trading in that contract shall make payment to or receive payment from the Clearing House in accordance with normal variation performance bond procedures based on a settlement price equal to the final settlement price.

(b) If the New York Stock Exchange (NYSE) or NASDAQ are not open on the day scheduled for the determination of the final Settlement Price, then the NYSE - stock or NASDAQ - stock component (s) of the final Settlement Price shall be based on the next opening prices for NYSE and NASDAQ stocks.

The Final Settlement Price shall be a special quotation of the Standard & Poor's 500 Stock Price Index based on the opening prices of the component stocks in the index, determined on the third Friday of the contract month.

The final settlement price shall be $ 5 times a Special Opening Quotation (SOQ) of the DJIA based on the opening prices of DJIA component stocks.

The final settlement price of an expiring mini-sized Dow futures contract shall be determined on the final settlement day (Rule 26105.).

(a) The final Settlement Price for the Russell 2000 Index Mini Futures Contract shall be determined on the third (3rd) Friday of the delivery month or, if the Russell 2000 Stock Price Index is not published for that day, on the first (1st) preceding day for which such Index is scheduled to be published.

(c) The final Settlement Price shall be a special calculation of the Russell 2000 Index based on the opening prices of the component stocks in the Index, or on the last sale price of a stock that does not open for trading on the regularly scheduled day of final settlement.

The final settlement price shall be 100 minus the average daily Fed Funds overnight rate for the delivery month.

A final mark to market will be made on the day the final settlement price is determined.

If the Standard & Poor's MidCap 400 Stock Price Index is not scheduled to be published on the third Friday of the contract month, the Final Settlement Price shall be determined on the first earlier day for which the Index is scheduled to be published.

If the Standard & Poor's 500 Stock Price Index is not scheduled to be published on the third Friday of the contract month, the Final Settlement Price shall be determined on the first earlier day for which the Index is scheduled to be published.

The final settlement price will be calculated on the business day that the Federal Reserve Bank of New York releases the overnight Fed Funds rate for the last day of trading.

Futures trading shall terminate at the regularly scheduled start of trading at the NYSE on the day scheduled for the determination of the Final Settlement Price.

Clearing members holding open positions in mini-sized Dow futures at the time of termination of trading shall make payment to and receive payment through the Clearing House in accordance with normal variation settlement procedures based on a settlement price equal to the final settlement price (as described in Rule 27104.).

Clearing members holding open positions in E-Mini Standard and Poor's 500 Stock Price Index futures contracts at the time of termination of trading in that contract shall make payment to or receive payment from the Clearing House in accordance with normal variation performance bond procedures based on a settlement price equal to the final settlement price.

The final settlement price shall be $ 10 times a Special Opening Quotation (SOQ) of the DIJA based on the opening prices of the component stocks in the index.

The Final Settlement Price shall be a Special Opening Quotation of the Nasdaq 100 Index to be determined by the Nasdaq Stock Market Inc. («Nasdaq»).

If a component stock in the index does not trade on the day scheduled for determination of the Final Settlement Price while the primary market for that stock is open for trading, the price of that stock shall be determined, for the purposes of calculating the Final Settlement Price, based on the last sale price of that stock.

The Final Settlement Price shall be determined on the third Friday of the contract month or, if the Nasdaq 100 Index is not scheduled to be published for that day, on the first earlier day for which the Index is scheduled to be published.

However, if the President of the Exchange or his delegate determines that there is a reasonable likelihood that trading in the stock shall occur shortly, the President or his delegate may instruct that the price of stock shall be based, for the purposes of calculating the Final Settlement Price, on the opening price of the stock on the next day that it is traded on its primary market.

If the Nasdaq does not open on the day scheduled for the determination of the Final Settlement Price, then the Final Settlement Price shall be the Special Opening Quotation of the first subsequent day on which Nasdaq does open.

Clearing members holding open positions in CBOT $ 10 Dow futures at the time of termination of trading shall make payment to and receive payment through the Clearing House in accordance with normal variation settlement procedures based on a settlement price equal to the final settlement price (as described in Rule 26104.).

However, if the President of the Exchange or his delegate determines that there is a reasonable likelihood that trading in the stock shall occur shortly, the President or his delegate may instruct that the price of stock shall be based, for the purposes of calculating the Final Settlement Price, on the NOOP of the stock on the next day that it is traded on its primary market.

Clearing members holding open positions in an E — Mini Nasdaq 100 Index futures contract at the time of termination of trading in that contract shall make payment to or receive payment from the Clearing House in accordance with normal variation performance bond procedures based on a settlement price equal to the final settlement price.

Clearing members holding open positions in an E-Mini S&P SmallCap 600 Index futures contract at the time of termination of trading in that contract shall make payment to or receive payment from the Clearing House in accordance with normal variation performance bond procedures based on a settlement price equal to the final settlement price.

If a component stock in the index does not trade after 8:30 a.m. and before 3:00 p.m. on the day scheduled for determination of the Final Settlement Price while Nasdaq is open for trading, the price of that stock shall be determined, for the purposes of calculating the Final Settlement Price, based on the closing price of that stock on the preceding trading day.

If the S&P SmallCap 600 Index is not scheduled to be published on the third Friday of the contract month, the Final Settlement Price shall be determined on the first earlier day for which the Index is scheduled to be published.

The final settlement price shall be determined on the final settlement day (Rule 26105.).

The Final Settlement Price shall be a special quotation of the Standard & Poor's SmallCap 600 Stock Price Index based on the opening prices of the component stocks in the index, determined on the third Friday of the contract month.

Futures trading shall terminate at the close of trading on the business day immediately preceding the day of determination of the Final Settlement Price.

Clearing members holding open positions in a Nasdaq 100 Index futures contract at the time of termination of trading in that contract shall make payment to or receive payment from the Clearing House in accordance with normal variation performance bond procedures based on a settlement price equal to the final settlement price.

If the primary market for a component stock in the index does not open on the day scheduled for determination of the Final Settlement Price, then the price of that stock shall be determined, for the purposes of calculating the Final Settlement Price, based on the opening price of that stock on the next day that its primary market is open for trading.

This is also the reason why settlement at maturity takes place at the final settlement price - all previous changes in price are already reflected in your margin account.

When you hold to maturity a long future contract position with physical settlement, you pay the final settlement price as calculated by the exchange for the underlying you receive and not your initial purchase price.

Futures trading shall terminate on the business day immediately preceding the day of determination of the Final Settlement Price.

Clearing members holding open positions in a Standard and Poor's 500 Stock Price Index futures contract at the time of termination of trading in that contract shall make payment to or receive payment from the Clearing House in accordance with normal variation performance bond procedures based on a settlement price equal to the final settlement price.

Conversely, a person who is short the contract must make delivery of the underlying shares in exchange for the final settlement price.

Instead, any positions in such security futures contracts that are open at the end of the last trading day are settled through a final cash payment based on a final settlement price determined by the exchange or clearing organization.

Expiry (or Expiration in the U.S.) is the time and the day that a particular delivery month of a futures contract stops trading, as well as the final settlement price for that contract.