The new
nominal value of the contract is $ 22,500 (75.00 x 3 contracts x 100 shares).
Not exact matches
On the currency market, according to the PBOC document seen on Wednesday, reserve ratios will be set at 20 %
of the
nominal value of forwards and swap
contracts, and fixed at 10 %
of the
nominal value of principal for options.
The bill passed by the Senate includes anti-nepotism provisions, today: · Prohibits gifts from lobbyists and their clients
of more than
nominal value, including travel, lodging and other expenses, and broaden the types
of lobbying activities that lobbyists must disclose; · Prohibits elected government officials and candidates for elected local, state or federal office from appearing in taxpayer - funded advertisements; · Closes the «revolving door» loophole by prohibiting former legislative employees from directly lobbying the Legislature for two years, and expands the revolving door restrictions for Executive Chamber employees to preclude appearances before any state agency; · Prohibits non-legislative employees from using their authority or influence to «compel or induce» any other employee to make political contributions; · Prohibits state employees from participating in any personnel decision or
contracting matter concerning a relative.
This means that the
nominal value of each futures
contract is also reduced by 50 %.
The term includes any
contract in the form
of a bailment or lease if the bailee or lessee
contracts to pay as compensation for use a sum substantially equivalent to or in excess
of the aggregate
value of the property or services involved and it is agreed that the bailee or lessee may become for no other or a
nominal consideration the owner
of the property upon full compliance with the bailee's or lessee's obligations under the
contract.
Nominal value — the face
value of the futures
contract, obtained by multiplying the
contract price by the number
of shares or units per
contract.
If XYZ stock index futures are trading at $ 50.25 and the
contract is for 100 shares
of XYZ stock, the
nominal value of the futures
contract would be $ 5025.00.
Assuming each
contract represents 100 shares, the
nominal value of the position is $ 21,450 (71.50 x 3
contracts x 100 shares).