The price/rate set by the exchange or clearing house at which any remaining long or short positions are settled at expiry.
The daily price at which the clearing house settles all accounts between clearing members for each contract month. Settlement prices are used to determine both margin calls and invoice prices for deliveries. The term also refers to a price established by the clearing organization to calculate account values and determine margins for those positions still held and not yet liquidated.
Average price at the close of the days trading. It is used to set the next days fluctuation limits and to determine margin calls on futures contracts. At the London Metal Exchange the settlement is the morning official offer price.
the closing range of prices after a trading session, used to calculate gains and losses, margin calls, and invoice prices for deliveries in futures market accounts.
The price used for daily revaluation of futures and options contracts.
The price used to determine the daily net gains or losses in the value of an open futures or options contract.
The official daily closing price set by the futures exchange for the purpose of settling margin accounts. This is typically set at the midpoint of the closing bid and offer.
the price at which a transaction is settled.
The last unfulfilled offer to sell cash at the close of the second morning ring in each metal - ie the cash seller's price at that close. This price, which is officially announced on the LME floor, prevails as the accepted cash reference price for the metal for the succeeding twenty four hours.
The price at which Larosspreads settles a position at expiry date. The basis of settlement for each contract can normally be found in the Larosspreads Product Information Sheets.
The official daily closing price of a futures contract, set by the exchange for the purpose of settling margin accounts.
The Clearing House clears all trades and settles all positions. A settlement process involves those trades that have been liquidated or offset, so that the buyer and seller can have their accounts credited or debited as the case may be on a daily basis. If some positions have not been traded, they will be assigned a settlement price as that option's designated closing price for the day, in order to permit the mark-to-market requirement.
A figure determined by the closing range that is used to calculate gains and losses in futures market accounts. Settlement prices are used to determine gains, losses, margin calls, and invoice prices for deliveries. (See closing range.)
(1) The closing price, or a price within the range of closing prices, which is used as the official price in determining net gains or losses at the close of each trading session. (2) Payment of any amount of money under a contract.
Established by the clearinghouse from the closing range of prices (the last 30 seconds of the day). The settlement price is used to determine the next day's allowable trading range, and to settle all accounts between clearing members for each contract month. Margin calls and invoice prices for deliveries are determined from the settlement prices. In addition to this, settlement prices are used to determine account values and determine margins for open positions.
The price used for daily revaluation of open positions.
The price established by the Exchange settlement committee at the close of each trading session as the official price to be used by the clearinghouse in determining net gains or losses, margin requirements, and the next day's price limits. The term "settlement price" is often used as an approximate equivalent to the term "closing price." The close in futures trading refers to a brief period at the end of the day, during which transactions frequently take place quickly and at a range of prices immediately before the bell. Therefore, there frequently is no single closing price, but a range of prices. In months with significant activity, the settlement price is derived by calculating the weighted average of the prices at which trades were conducted during that period.
The final price at which a contract trades for the day.
The last price paid for a futures contract on any trading day. Settlement prices are used to determine open trade equity, margin calls and invoice prices for deliveries.
The official price at the end of a trading session. This price is established by...
The last price paid for a commodity on any trading day. The exchange clearinghouse determines a firm's net gains or losses, margin requirements, and the next day's price limits, based on each contract settlement price. Also referred to as settle or closing price.
The price at which the clearinghouse each day settles all accounts between clearing members for each open position in each contract month of each futures and options contract. Settlement prices are used to determine both margin calls and invoice prices for deliveries.
The daily price at which the clearinghouse clears all trades and settles all accounts between clearing members for each contract month. Settlement prices are used to determine both margin calls and invoice prices for deliveries.
In futures markets, the price that is set by the exchange at the end of each trading day and which is used by the clearing house to market open positions and assess margin calls.
Official price calculated by the exchange at the end of a trading day. This provides the basis for marking to market.
The price established by a clearinghouse at the close of each trading session as the official price to be used in determining net gains or losses, margin requirements, and the next day's price limits. The term "settlement price" is often used as an approximate equivalent to the term "closing price". The "close" in futures trading refers to a very brief period of time at the end of the trading day, during which transactions frequently take place quickly and at a range of prices immediately before the bell. Therefore, there frequently is no one closing price, but a range of closing prices. The settlement price is the closing price if there is only one closing price. When there is a closing range, it is as near to the midpoint of the closing range as possible, consistent with the contract's price increments. Thus, the settlement price can be used to provide a single reference point for analysis of closing market conditions.
A figure determined by the closing range that is used to calculate gains and losses in futures market accounts, performance bond calls and invoice prices for deliveries. See "closing range." The official daily closing price of futures contracts.
The official closing price for a future set by the clearing house at the end of each trading day.