Examples of Daily Settlement Price in a sentence
The price limit for the respective contract months is 20% (or a percentage as determined by the Exchange) in either direction from the latest Daily Settlement Price.
Daily Settlement Price and Official Closing PriceChange criticalityType of changeEquityETFW&CFIETLXDerivativesLegacy Euronext MarketsNo changeItalian MarketsMandatoryChange of serviceOn Italian markets, the calculation of the Daily Settlement Prices and Official Closing Prices are done by Euronext Clearing, and then are received by Borsa Italiana and re-distributed via the SOLA platform for all instruments.
A TAS transaction executed at a zero differential will be filled and cleared at the Daily Settlement Price for the trading day.
There is currently no distinction between the Official Closing Price and the Daily Settlement Price, unlike what is in place for Euronext Legacy products.On Euronext Legacy side, both the Daily Settlement Price and the Official Closing Price are calculated by Euronext and distributed to the market directly via the MDG public feed.
The prices traded for Contracts of all contract months (including the spot month) must then not vary more than 20% above or below the latest Daily Settlement Price (“the 20% Limit”).