Final Settlement Price definition

Final Settlement Price means the price for each Contract supplied by the Exchange to the Clearing House as the final Settlement Price for the Expiry as specified in the Contract Specifications.
Final Settlement Price means the Settlement Price calculated in accordance with the best information available to the Parties during the one hundred twenty (120) day period after Closing, as reflected on the Final Statement agreed upon pursuant to Article XIII.
Final Settlement Price means, subject to adjustment and/or correction as provided in paragraphs 3, 4 and 5 of this Part C below and subject as provided in the definition of "ETC Valuation Date" above, the exercise-settlement value (being the CBOE S&P 500 Index Settlement Value) (Bloomberg: SPXSET Index) published by the ETC Exchange which is used to determine the official settlement price (however described under the rules of the ETC Exchange or its clearing house) of the Exchange-traded Contract on the ETC Valuation Date, as determined by the Calculation Agent.

Examples of Final Settlement Price in a sentence

  • If an Early Expiration Event is deemed to have occurred, the Product Formula used to determine the Early Settlement Price equals a predetermined value.Unless the Product has been previously exercised or cancelled, the Product Formula used to determine the Final Settlement Price in respect of this Product depends on the realisation of one among two possible scenarios.

  • The decision of the Exchange and the Clearing House with respect to the determination of the Final Settlement Price by this alternate means shall be binding on all parties holding an open position in the Contract at termination of trading.

  • Without limiting the generality of the foregoing, the Corporation may require an amended Final Settlement Price to be used for settlement purposes.

  • The formula for the bonded final settlement price of an expired contract is: Bonded Final Settlement Price = Final Settlement Price.

  • Where the Final Settlement Price prescribed is otherwise not available pursuant to Clause 3.2, the Exchange and the Clearing House may decide that the Final Settlement Price shall be determined by an alternative means in accordance with Rule 4.1.20 of the Trading Rules.


More Definitions of Final Settlement Price

Final Settlement Price. – means the Settlement Price quoted by the Exchange on which the Future trades at the close of trading on the last day on which such Future trades determined by subtracting from 100 the Canadian Bankers' Acceptance Reference Rate for such day, rounded to the nearest 1/1000th of a percent- age point.
Final Settlement Price means (i) the SX5E Final Settlement Price and (ii) the SPX Final Settlement Price (as applicable).
Final Settlement Price means (i) if Averaging is specified as not applicable in the applicable Final Terms, the Settlement Price on the relevant FI Valuation Date or (ii) if Averaging is specified as applicable in the applicable Final Terms, the arithmetic average of the Settlement Prices for all Averaging Dates;
Final Settlement Price means, subject to adjustment and/or correction as provided in paragraph 3, 4 and 5 of this Part C below, the official final settlement price (however described under the rules of the Options Contract Exchange or its clearing house) expressed as a number and not as a monetary amount of the Options Contract as published by the Options Contract Exchange in respect of the Options Valuation Date, as determined by the Calculation Agent. The scheduled date of publication of such official final settlement price of the Options Contract is the Scheduled Options Valuation Date.
Final Settlement Price means the price of the Underlying Interest as determined by the product specifications of Bourse de Montréal Inc.
Final Settlement Price shall have the meaning set forth in Section 2.7(a).