Sentences with phrase «special exercise settlement»

In situations of that type, OCC may impose special exercise settlement procedures.

When special exercise settlement procedures are imposed, OCC will announce to its Clearing Members how settlements are to be handled.

For example Joe Taxpayer just amended his answer to include the standard language from CBOE on it's options, which if I read it right means if you have options via them you need to check with your broker to see what if any special exercise settlement procedures are being imposed by CBOE in this case.