Definitions for "Settlement Price"
The price at which the clearing house clears all transactions at the close of the day.
A price determined by the closing range, set by the clearinghouse at the end of each trading day and used to calculate gains and losses in future market accounts.
Established by an Exchange as the official price for any particular future or option at the close of each trading session. Also referred to as the closing price. See also "Closing Range."
Keywords:  risk, rate
Settlement rate Settlement risk